Green? Talking of dollars right?!

The Incas called it ‘liquid gold’, and right they were, for how else would you justify the thundering profits that oil bigwigs raked-in during 2006?! But while their fi nancial sheets are ‘things of beauty’, can the same be said about their acts of demolishing the ecology?

Well, ask the environmentalists who argue that their ‘oily’ fat profits only de- note our acceleration towards reducing Earth to a graveyard! So shouldn’t the multibillion dollar oil-guzzling machines listen obediently to ‘go-green’ saints & invest billions on green alternatives’?

B&E,4ps & IIPM Publication

For Complete IIPM Article, Click on IIPM Article
Source: IIPM Editorial, 2007
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The NEP on paper is a reality now, but in reality is a distant dream

Additionally, the NEP has very strangely ignored the role of state governments in improving environmental standards. This despite the fact that most of the issues under the term ‘environment’ are within the powers of the state legislatures. But the strangest fact is that the NEP has been framed without a proper demographic study, thus clearly ignoring the differences in social lifestyle of people across regions, which decides the method of polluting and level of pollutant added to the environment. Hilariously, the NEP doesn’t even encourage public’s participation in improving the environment. Until all these flaws are corrected, the heading of this article will remain, unfortunately, true!

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Unicredit empowers Capitalia!

UniCredit has entered into agreement terms for buying Capitalia for $29 billion. This would help create the second biggest bank in Europe. The boards of both the banks have approved the takeover components. This completion of this merger would strengthen UniCredit’s position as Italy’s largest bank in terms of market value and also puts a stop to years of speculation as to who would take away Romebased Capitalia in a rapidly consolidating industry.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Mastered and perfected…

I figure it this way: The first time a customer chooses your brand, you have stepped into a friendly affiliation with that customer, and how a customer decides and continues to value that relationship will determine how much value the company further derives from the association. Louis Vuitton, Cartier, Mercedes, Lexus, Google, Microsoft, Nokia, Wal-Mart, Gillette, China Mobile; name any brand worth its name: that’s precisely the practice that each of them have learnt, mastered and perfected…

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

No doubt, it’s No doubt, it’s a hit and run case!

It takes two and half to tango! To be precise, two and half years. An empirical research carried out by ICRA of rate hikes and its effects reveals that (ill)effects of hikes percolate after two and a half years of its implementation in the Indian economy. Just a quick recapitulation – the Reserve Bank of India (RBI) has raised borrowing costs nine times since October 2004! So you now know how to interpret these rate hikes, which has found few supporters and the rationale behind the hikes is still boomeranging all around. The fate of India Inc., which managed to capitalise well on the crest of India’s economic cycle, now hangs in balance, as fears of a possible trough in the economic cycle becomes eminently imminent.

A survey conducted by Federation of Indian Chambers of Commerce and Industry on 418 companies showed business confidence index sliding to 69 points during the fourth quarter of 2006-07 from 75 points, as compared to the figure of 75.5 points during the same period of the last year. The business confidence of India Inc. fell on fears of falling demand for housing, construction and automobiles. However, here’s some good news for the weak-hearted: A majority of pundits are of the opinion that interest rates might have peaked, but mind you, so have the profitability of the Indian companies. The FY07 performance of companies listed in India appears good considering the fact that consumerism (domestic demand) in India is at its life-time high, coupled with company favourable global macro-economic indicators like higher crude oil and metal prices. Results from telecom, cement, banking, automobile and metals space is a testimony to the above statement.

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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Faith, and hope are all pervasive.

That doesn’t really surprise a majority of economists and analysts. Says well known economist, Jay Dubashi, “In my view, it is an anachronism to have a market economy a n d five year plans together. It is not possible. Both are contradictions in terms.” Of course, no one denies that planning remains a critical requirement even for modern capitalistic economies (See box). Yet, those are the strategies adopted by policy makers for Five Year Plans and the manner in which they are implemented that have spelt doom for the otherwise noble aspirations of Five Year Plans. The Tenth Five Year Plan is a classic example of why and how planning – despite its immense promise and potential – has failed in India.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

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• IIPM Branches and contact No.
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• IIPM Alliances - IIPM - by RAVI
• IIPM PUBLICATION
• IIPM: The Indian Institute of Planning and Management-------
• THE INDIAN INSTITUTE OF PLANNING AND MANAGEMENT
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About IIPM ! IIPM Programmes ! IIPM Placement ! IIPM Alumni ! IIPM Alliances ! IIPM Ranking ! IIPM Director's Desk ! IIPM Dean's Message ! History of IIPM ! IIPM Mission ! IIPM Curriculum ! IIPM Project Based Learning ! IIPM GOTA ! IIPM Dual Specialisation ! IIPM Faculty ! IIPM GOP ! IIPM Campus Resources ! IIPM Campus Events ! IIPM Sports Club ! IIPM Support Services ! IIPM Campus ! IIPM Libraries ! IIPM Cafeteria ! IIPM Academic Centres ! IIPM Wilton Park Reports ! IIPM Feedback ! IIPM Links ! IIPM Sitemap ! Contact IIPM !