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.

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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.


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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.”

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


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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).

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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.

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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.

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Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam Chaudhuri