GM’s diesel way to trucks!

General Motors Corp. has announced that the company plans to spend $100 million in its engine plant in Tonawanda, New York, for making a new diesel engine for light duty trucks, to enhance fuel efficiency by 25% and reduce carbon-dioxide emissions by 13%. The auto giant said it will make the 4.5L V8 engines for North American pickup trucks and the Hummer H2 built after 2009. This revelation came at a time when GM, well known for its dependence on gas-guzzling SUVs, tries to bring about an image makeover and improve badly hit sales.

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Source: IIPM Editorial, 2006

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

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Japan’s nestling of sumo wrestling

What appears to be merely a display of brute force, Japan’s most popular sport, in reality, is seeped in history, legend and also religion for many centuries. But sadly, it is literally wincing from a major blow lately. The Japan Sumo Association recently called off the tests for new recruits after the candidature was zero, for the first time in its history! With foreigners taking a liking to the sport, authorities in Japan recently came out with the evident waning interest of the Japanese for the same. Only 18.3% of the natives ‘watch’ sumo. What’s even more disheartening is that no Japanese wrestler finds a place in the country’s top-10 favourite athlete list, indicating that one of the oldest sports might be close to breathing its last.

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Source: IIPM Editorial, 2006

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

For Indians, the concept of capital account convertibility was relegated to books... until now!

Truly so, but getting a taste of the varied equities across the globe are just initial steps in the direction of practical capital account convertibility. On this account, even Reliance Mutual Fund is carrying on talks with the London fund house Schroders, Barclays & Royal Bank of Scotland to tie-up on a reciprocal basis. “We are in talks with various potential foreign partners,” said Emerge Reliance MF spokesperson, refraining to divulge further details.

The situation is similar with Tata AMC, which is in advanced talks with global fund houses and investment advisors in a similar attempt to offer global investment products; and not staying behind is UTI AMC, which has already gained the first mover’s advantage by entering into an ‘Investment Advisory Agreement’ with State Street Global Advisors Asia Limited (SSgA Asia) to launch the ‘Global Navigator Fund’. R. Raja, Senior Vice President, UTI AMC, claimed that through their fund, “an Indian investor gets an opportunity to access the global markets, specially equity markets, by investing in these funds. He can diversify across countries, thereby reducing the country risk of his investments.” Frankly, you can buy equity in Russia; gold in Brazil; debt in Africa; and of course, perhaps even islands in ‘The World’ Dubai (the photograph above) – a group of islands in Dubai shaped like the world, where celebrities like David Beckham, Rod Stewart, Michael Schumacher et al, are rumoured to have already purchased islands. But well, there’s just one hindering block... money!

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Source: IIPM Editorial, 2006

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

The Channel Rush

It started with the news veteran NDTV announcing its foray into the General Entertainment Channels (GEC) genre. Such a move had been unheard of in the past and the whole industry sat up and took notice. While GEC majors like Zee and Star have news channels in their bouquet, never before had a ‘news-only’ player ventured into GEC waters. While the announcement in itself was a landmark in the history of Indian media, other related happenings are having quite an impact on the whole industry per se.

For the new company - NDTV Imagine (which will launch their lifestyle channel NDTV Life), Dr. Prannoy Roy lured Sameer Nair, one of the CEOs of Star Entertainment and Karan Johar. Star’s other honcho Peter Mukerjea also bid goodbye to start his own company (well, almost!) which has plans to launch 8-12 channels in future. Meanwhile, Zee TV which had been lying low for quite some time has bounced back with a vengeance and is rattling market leader Star to its very bones. Combine all this and you have a channel that ruled the Indian television space for the last 7 years going weak in the knees with market share slipping from its hand faster than water receding from a sea shore.

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Source: IIPM Editorial, 2006

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

Home Campus Tour Contact Us Sitemap IIPM Think Tank IIPM National Brochure IIPM in Media India Today & Tomorrow
Strategic Alliance / Consulting / Intellectual Tic-up Partners Arindam chaudhuri GIDF Planman Consulting Business & Economy 4Ps Business & Marketing The Sunday Indian The Daily Indian Kkoooljobs.com