You know what really had me terrified on Nov. 7?

Jennings has now filed suit with the same court, demanding a new election. She deserves one. But for the nation as a whole, the important thing isn’t who gets seated to represent Florida’s 13th District. It’s whether the voting disaster there leads to legislation requiring voter verification and a paper trail. And I have to say that the omens aren’t good. I’ve been shocked at how little national attention the mess in Sarasota has received. Here we have as clear a sign as ever that warnings from computer scientists about the dangers of paperless electronic voting are valid.

As far as I can tell, the reason Florida- 13 hasn’t become a major national story is that neither control of Congress nor control of the White House is on the line. But must we wait for a constitutional crisis to realize that we’re in danger of becoming a digital-age banana republic?

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative

O. P. Jindal group till date

Understanding the problems faced by family businesses, O. P. Jindal had demarcated a proper succession plan in advance. Today, all his four sons are into different business segments heading operations of different group companies without interference from each other. While the eldest son Prithviraj Jindal has taken control of the steel pipes business, the second son Sajjan Jindal is now in charge of the carbon steel business. The third son Ratan Jindal controls the stainless steel business and fourth son, Naveen Jindal (above), who has also inherited his father’s political legacy, is now in control of the rails & power business. The Naveen Jindal-owned Jindal Steel & Power has recently acquired mining rights for the El-Mutun iron ore mines in Bolivia. At present, he is a sitting MP representing Kurukshetra constituency in Haryana. The steel sector globally is presenting numerous opportunities for expansion and consolidation. And the O. P. Jindal group is indeed one company to watch out for on the global steel map.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Hero Motors became India’s largest exporter of twowheelers and in 2000

In 1993, Hero Motors became India’s largest exporter of twowheelers and in 2000, the group expanded into IT and IT enabled services through Hero Corporate Services Limited. Year 2003-04 saw quite a few tie-ups of the group such as: Livebridge Inc., USA, Bombardier - Rotax GmbH for scooter engines and Aprilia Scooters, Italy. In 2004, its retail insurance business was introduced and then in 2006, the Hero Group entered the scooter segment with its ‘100cc Pleasure’ bike.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

The Konigsberg Cathedral remains a landmark

The Konigsberg Cathedral remains a landmark, dating back to the 16th century (and still young at heart!). Displaying touches of gothic architecture, the cathedral can actually be considered unfinished because the western spire was never fully built. “Dah, Dah... but the cathedral is equally well known as the resting place of famed philosopher Immanuel Kant,” comes the insistent pestering of Mr. Final Word. Remarkably, post bombardment in World War II, restoration was never undertaken and this was flagged off only in the nineties. In many ways, the church mirrored the city; left in the doldrums to fend for itself…

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Many intermediaries are people intensive

First, many intermediaries are people intensive, so running them requires familiarity with the local language and culture. Second, intermediaries are information intensive, and it takes local expertise to access scattered information and analyze data of variable quality. Third, governments consider some institutions, such as media, banking and financial services, to be of national importance. They oft en prohibit multinational companies from setting up those institutions or force them to collaborate with local companies.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

2006 Gumpert Apollo – 11,531,163 INR

2006 Gumpert Apollo – 11,531,163 INR

True macho charm mated with raw power – no, we are not talking of Pam’s exboyfriend Tommy Lee, but a new breed of special super cars that debut this year – Gumpert Apollo. And one look at them would tell you why they are named after the Greek god of masculine beauty. Charged with Bi-turbo V8 engine, it can gun away at 360 kilometers per hour! Boasting of “two exhaust gas turbochargers and sequential six-speed transmission”, don’t forget your seat belts at least on this one!

Gold horse – 58,848,350 INR

Newly born Prince Hisahito in Japan is getting a $1.28 million rocking horse! Made by the renowned jewellery designer Ginza Tanaka, it weighs 30 kgs and is made of solid 24 karat gold! Shaped like a normal rocking wooden horse, but of course much more ‘fl ashy’! The designer is now taking manufacturing orders for the common folk. For some kids, it’s certainly a rocking childhood...

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Human development? Who cares

The sections affected by poverty are varied. The Economic and Social Council contends that its victim is mostly the children, women, single parents, pensioners and the expatriate population. The UN’s HDR contends that in 2002-03, 21% of total child population (about 2.6 million children) and about 67% of the Pakistanis and Bangladeshi lived in poverty.

The reasons are as varied as the poverty demographics. Skewed policies initiated by the government have resulted in widening the gap. Distinctly pro-rich growth pattern has led to a condition where the richest 10% of the population receive about 28% of disposable income. Similarly, the mean annual income of the richest one-fifth has increased about ten folds the rate of the poorest one fifth.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Attracting eardrums!

This time around the radio lures are many: Introduction of the more profitable revenue sharing arrangement; the foreign investment gushing into the sector and the increasing radio ad pie... small wonder then that all the major media houses have been lured into the radio dream world. No doubt, radio is the next big thing and the when it comes to money making, this sector is a virtual goldmine. But, hang on, before you brand the frequency holders as ‘lucky fell as who happened to be at the right place at the right time, let us tell you, radio is not going to be another cakewalk for them.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Silver speak

All that glitters might not be gold, and this sparkling collection by Alistair McCallum is purely silver. He has enlarged the collection of Mokume Gane in the form of tea and coffee sets. Mokume Gane has always been celebrated for innovative and exclusive patterns tracked, inlaid and imprinted by him. Live life king size – relish your bed (or even) evening tea in pure silver, now at a cool price tag of Rs.150,000.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Pepsi was not only sued by Coke

To top it all, Pepsi was not only sued by Coke, but as well as by Hrithik Roshan. In much similar fashion, Hyundai had, in many of its previous ads, made it almost a strategy to hit its competitors below the belt. Against Ford Ikon, it came out with acceptable ads that went, “Santro ends Ikon’s Josh.” But when Hyundai saw the Matiz car brand in trouble during the time when rumours were adrift that Daewoo (the parent company) was in the process of closing down, the northern dealers of Hyundai came out with ads, which screamed quite distastefully and unpleasantly in Hindi, “Car ghar par, company sadak par!” (Car’s at your home, company’s on the road). Though Daewoo did sue Hyundai, the bigger loss Hyundai suffered was because of subsequent consumer response.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

It’s no more about just another TV set!

In India, the growth is just picking up. “The spread of HD content would definitely enhance the home viewing experience… and the ability of DTH to provide such content would affect the LCD & Plasma market in a positive way,” declares Pankaj Kapoor, Brand Manager, CTV Marketing, Philips. However, “right now while selling TVs, companies don’t talk about the speed of response to signals… with DTH coming, which are digital signals, people will have to understand this concept,” opines Gautam Ghosh, Country Manager of California based View Sonic visual display product manufacturer.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Picture perfect….

“Strangely enough, the previous film on this campaign (the Cutting- Shutting ad) was shot just after July 26th last year and we waded through water to the sets. This year as well it poured like crazy and we all literally waded into the sets. Next year, when we finalize the shoot dates for the next ad we will inform the Meteorological department... it seems to be a more accurate way of predicting floods in Mumbai!” jokes Abhijeet. Yet another gem in Ogilvy’s stunning tiara, this tongue-in cheek ad stands out for its easy & poignant appeal. But then using cute kids to convey a brand message always does pay, right?

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

The roads to eternity

In the 1990s, when Ratan Tata unveiled his dream of a Made in India passenger car, most analysts tittered sarcastically. At that time, Indian roads were considered to be a joke; and Indian abilities to design and manufacture a car even worse. Yet, Ratan Tata has achieved his dream through Indica and there is a dramatic improvement in the quality of Indian highways. More than one million trucks crisscross over 80,000 kilometres of Indian roads everyday, literally working as the lubricant that runs the Indian economy. The road transport sector accounts for almost 80% of the goods moved within India. And even here, a company like Tata Motors is busy launching new products that are transforming freight movement. Their new launch, Ace, is a runaway best seller and is replacing the old inefficient three wheelers that have been the symbol of local movement of goods in India

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

America is learning from Katrina slowly, much too slowly for comfort

As natural disasters do, Ernesto created havoc. But what did not happen (despite many boasts from Bush about greater preparedness) was protection of people from nature’s fury, evidenced from the appalling number of people (50 plus till date) killed by Ernesto, and this given that Ernesto has not even reached “hurricane” status – it softened into a tropical depression on September 2, 2006.

Clearly, the loopholes that Katrina exposed still need to be filled. Earlier, it was the lack of resources and infrastructure failure, this time it’s the usage of resources & maintenance of infrastructure. Even though Bush has promised to put aside $110 billion for the same, New Orleans and Louisiana are still in debris and policy makers are busy blaming each other. While the local governments are shouting against lack of support from the federal government, federal officers are accusing the locals of lack of planning.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Certainly, unless the international community resolves to take concrete action

For their part, radicalized groups must renounce violence for good and accept existing international principles and laws. Causing loss of lives certainly does not contribute to the present or future welfare of the people of the region. There is currently no guarantee that a political truce with Hamas or Hezbollah would result in a total renunciation of their absolutist vision. Nonetheless, there can be a diplomatic process, which involves rights and obligations. To secure lasting peace, the key is to develop political mechanisms that allow sufficient space for moderationand democracy.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

The EXIM Bank Of India Is Planning To Extend Its Line Of Credit To Venezuela

For growth in trade, the EXIM bank of india is planning to extend its line of credit to venezuela, which is expected to help Indian and Venezuelan traders. A major reason is India’s increasing focus on developing Asian and Latin American markets in recent years, diverting from Western developed countries. However, exchange of direct investment between the two countries is deplorable. Presently, while investment from Venezuela to India is zero, FDI from the Indian side is not much either.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Frightening odyssey in the sky

on August 10, 2006, British authorities announced that they had foiled a plot to blow up airliners bound for the US in a series of bombings that could have been deadlier than the September 11 attacks. Britain and the US raised terror alert to the highest level and instructed airlines not to allow carry-on luggage. London Heathrow, the most affected, is the world’s biggest airport. It’s five times the size of an average UK airport and 87 airlines operate from here. Ten days later, come the costs.

Over 2,000 flights were cancelled at London’s three major airports since August 10. In addition to the costs of the cancelled flights, airlines have had to pay hotel accommodation for several stranded passenger and refund tickets. They had to spend vast sums of money to return close to 20,000 bags that went astray. The estimated cost of all this is a minimum $570 million.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Read more :-

1. Leonard Kleinrock
2. Daniel Bricklin
3. Robert Noyce and Gordon Moore
4. Alan Kay
5. Dennis Ritchie
6. Thomas E. Kurtz
7. Douglas Engelbart
8. The minicomputer building kit became the cover of Popular ...
9. Edward Roberts

The makings of a retail giant

But will these small ticket acquisitions, that too impoverished ones, do any good to Reliance? The strategy to turn second rate operations into cash cows is how steel magnate L. N. Mittal scripted his success chronicle. All state owned retail chains that Reliance is eyeing are in the red. Obviously, it’s not size and synergies that Reliance is betting on. The prime real estate locations in the metros are what could be driving Reliance, which would otherwise find it almost impossible to acquire space for retail outlets. And Reliance might be looking at a real life dress rehearsal before actually somersaulting into the Indian retail mud pool. The state-owned retail chains, with their unionised work force and bureaucratic practices would actually offer Mukesh Ambani and his team a few lessons on how to manage a service sector organisation.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Tata Indicom's ......‘Conditions Apply’

How different was Tata Indicom’s positioning from its competitors?

When we started, we were very clear it would be with a clear brand diktat; and we would never put an asterisk saying, ‘Conditions Apply’. Whatever be the conditions, good or bad, right or wrong, we would be completely clear. This was one facet of the brand. The second being – when you say you belong to the Tata Group, you are there to improve quality of life.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

Webbed: Until death do us part

Innumerable demons, voices in our heads, a constant tussle that continues unabated until we opt out of this rat race altogether... Latest research says that people ailing from body dysmorphic disorder, who spend their days obsessing about their body (Uma Thurman for one), are 45 times more likely than others to wash their hands off this life. While their families may place their faith in medical science, the devil may appear from corners unexpected – like the innocuous PC most wouldn’t give a second thought to. Last month, thirteen-year-old Jenny Sykes hung herself with her school tie.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative

How would the team respond to an “unthinkable” scenario?

What would the group do, for instance, if 30% of the company’s factory workforce in Asia dropped out? What if the United States closed its borders? How would the team respond to an “unthinkable” scenario?

The goal is not to create specific rules for responding to specific threats but to practice new ways of problem solving in an unpredictable and fast-changing business environment.

As for the two organizations described previously, advantage in a crisis will go to the one that can leverage its capabilities and cooperate with other members of the community – even competitors, in a seamless fashion.


For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Dolle’s pulled off the biggest coup in the history of corporate businesses

The merger deal includes Arcelor’s purchase of the entire 90% stake of Mordashov (Severstal’s top shareholder). In return, Mordashov will have 32% stake in the merged entity. The total cost of the deal works out to roughly $16.8 billion, where each Arcelor share is valued at €44. This clearly illustrates how desperate the Arcelor board is to fend off Mittal without any raison d’être. Charles A. Bradford, President of Bradford Research says, “The Mittal Arcelor deal makes more sense... Mittal Arcelor has a nice fit with very little overlap, whereas Severstal brings a good position in Russia and a third-rate company in the US.”

For complete IIPM article click here

Source:- IIPM Editorial, 2006, Editor:- Prof. Arindam Chaudhuri


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 !

According to Beata Caranci........

According to Beata Caranci, Senior Economist (U.S. & International Analysis), TD Economics, “US core inflation is holding within the 2-2.3% range for the past 14 months – about one-quarter of mid to late 70s.” Yet, the hilarious fact is that core inflation doesn’t even factor in energy price rise, one of the primary factors behind the recent inflationary pressures. It is unbelievable that the Feds – due to the illusion created by asset price rises – have wrongly assumed the current inflationary trend to be a “demand pull” one (ergo threatening to increase rates further), when in fact, the inflation this time around is actually a “cost push” one, with energy and transportation costs contributing a massive 56% to inflation (quarter ending May, compounded annual rate).

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri.

The big bucks rewriting history

There has been a new addition in the string of private-equity deals in America recently. Albertson’s, a grocery chain; Kinder Morgan, an energy firm and Univision, a Spanish broadcast network figure among billion dollar deals. But the latest one stands to break all records as it summons the title of the largest leveraged buyout. Kohlberg Kravis Roberts (KKR) and Bain Capital along with Merrill Lynch have offered a mammoth sum of $21 billion for HCA, America’s largest hospital chain. The deal also comes with an assurance that the acquirers take up the firm’s debt burden of $11.7 billion. HCA runs 182 hospitals and its annual revenues amount to around $24 billion.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

The figures are telling... According to Nielsen Net Ratings

The figures are telling... According to Nielsen Net Ratings, May 2006, in monthly visitor traffic, AOL trails Yahoo, Google, MSN (and has a whopping 33 million visitors lesser than the leader); Yahoo has a stupendous 22 million more email subscribers than AOL; on the photo sharing service, AOL pathetically ranks last amongst 9 competitors; on blogging services, Google, with 20.4 million users, is a smashing 100% bigger than AOL.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

Life... and the long and short of it!

Despite Abraham Lincoln’s exhortation about the life in one’s years to matter more than the years in one’s life, longevity is the most oft -discussed topic heard across religious discourses and science conferences. As the world struggles with anti-ageing creams and genomic arrest, the study thus gives good reason not to give up on the quest to pave the longest path to the Pearly Gates. That sinking feeling on spotting the first grey strand, or the appearance of unfamiliar and unfortunate creases on the facial topography, or that sense of the centre of gravity bulging further and further away from the body axis... there are enough reasons to thirst a desire for that elusive fountain of youth, anyway. But, a day on the island of Okinawa off the mainland of Japan, and even the fittest of youngsters would have a self-reproachful word or two about oneself, in the midst of the largest congregation of centenarians, and those in all heartening health!

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

"Once upon a time...."

Once upon a time there lived a little princess, who grew to love a prince. She now lies buried on an island, a life smothered for uncommitted sins...

Born on July 1, 1961, Diana Frances Spencer’s romance with the oldest child of the British monarch had been a resplendent domain of interest to the paparazzi for extracting news of the royalty. “Here is the stuff of which fairy tales are made,” the Archbishop of Canterbury had said, unaware, this ‘grand fairy tale’ was an ephemeral illusion.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri

MALAYSIA’S BANKING GUIDELINES

During mid 1997, when South East Asia was facing a currency crisis, Malaysia was no different. But unlike other countries that were dependent on IMF for support to come out of the crisis, Malaysia brought itself out of the loop through major reforms in its own economy. And banking consolidation was a major one. Having faced deep crisis during the 1980s because of bank inefficiencies, Malaysia brought in restructuring of the banking sector. And that helped the country emerge as one of the healthier ‘Tiger’ economies of the region.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

An interestingly immersive inquest

An interestingly immersive inquest, this book is a breath of fresh air in a bazaar of books that is inundated with oft-similar jargon. The way to the purse-strings indeed seems to be tugging at the strings of the heart! An astoundingly delightful amalgam of instinct and reason, Dr. Mikunda doesn’t merely offer the same old wine in a new bottle.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Creating cinema spaces without getting being a movie

PVR – India’s largest multiplex cinema operator – pioneered the concept of world class multiplexes in the country. When 4Ps B&M met the man behind the screen, Ajay Bijli, Managing Director PVR Limited, to get an insight into his visionary leadership mantra, we realised why and how PVR had been successful in revolutionising the cine-going experience in the country. PVR attracted a whopping 8.5 million cine goers across the country in 2005.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Special Economic Zones - IIPM News

After a slow beginning, Special Economic Zones (SEZs) may have finally started drawing investors’ interest. But instead of obsessively vying for investments in such privileged zones, policy makers first need to address the underlying structural problems in the economy, if they really wish to radically improve the performance of SEZs, and consequently, India’s exports & FDI status

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

It continues to be a crisis and angst ridden year for the European Union. Having lost its way after two resounding electoral defeats in France and Netherlands, the EU seems to be in an acute dilemma over the inclusion of Turkey into the 25 member club. There are many within the EU who are unhappy with the human rights and democratic track record of the only big Muslim nation of Europe. Then there are the pragmatists who would rather co-opt Turkey as a committed member of EU in an emerging tri-polar world where the US, EU and China are the big players.

For complete IIPM article click here

Source- IIPM Editorial, 2006

Municipal elections - IIPM News

Have these sets of municipal elections thrown up any lessons for political parties that are busy preparing for assembly elections in many states in the coming months? One simple lesson that appears obvious is that anti incumbency feelings rise with the duration of the government. The old lesson about governments enjoying a period of honeymoon with the electorate also gets reinforced.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

For years in China, the connivance of Chinese officials with the local mafia had led to the suppression of people’s resentment. In fact, it had been the policy of the Communist government to keep the disaffected groups fragmented. But with the arrival of Internet, it was not easy to monitor 100 million net users in the country.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

TRAI (Telecom Regulatory Authority of India) undertook the movement to the new telecom policy in 1999 towards free interconnection between fixed, cellular and other telecom operators. The decision by TDSAT (Telecom Dispute Settlement and Appellate Tribunal) to allow basic telephone operators to offer WLL services – which was heavily protested by the COAI (Cellular Operators Association of India) – was another adverse effect for players like Bharti.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

And thus the quest began for choreographing elaborate song and dance routines, if not the entire flick, amidst virgin landscapes. Recently, director and producer Mahesh Bhatt announced South Korea as the nouveau destination to be used for filming Gangster A Love Story, starring Imran Hashmi.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Madonna’s 47th birthday certainly would not be one of her more memorable ones! For, on her big day, her extravagant exploits of the equestrian kind went wrong as she suffered a nasty fall from horseback at her country house in United Kingdom. Lady, “Your little body’s slowly breaking down,” and you ought to hold on to your horses better. Yeah, yeah, don’t we know it already, “Papa don’t Preach!” Notthis time for sure.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Gold, for most of the period subject to Prof. Jastram’s analysis, was either the sole, or one of the two (perhaps three, if we allow for copper) major forms of money. To restate this as clearly as we can: money – the medium of exchange – for much of his period of study, was synonymous with specie – that is, with physical quantities of silver and gold.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

ITC’s new initiatives in the FMCG segment are bound to succeed (IIPM Publication)

The Chairman of ITC Ltd, Y. C. Deveshwar, now is attempting to achieve what his illustrious predecessors like P. N. Haksar and J. N. Sapru had always dreamt of: Shed the tag of a controversial cigarette company that was perpetually embroiled in excise evasion cases and create the reputation of being the most respected consumer products company in India. As Chairman Deveshwar stated in the recently held AGM: “We need to create multiple engines of growth, even as we keep looking at fresh opportunities all the time, at assets which will produce more value in the hands of ITC.” So, can ITC leverage these strategies to attain market dominance?

Source:- IIPM Editorial

For complete IIPM article click here

Copyright: IIPM-2006