Showing posts with label ARINDAM CHAUDHURI. Show all posts
Showing posts with label ARINDAM CHAUDHURI. Show all posts

Monday, October 15, 2012

Ankur Bansal, (Vice Chairman, NDIM) Points out some key Loopholes in Imparting Management Education in India and offers Solutions

Speaking about the initiatives taken by him, apart from setting up a new campus since he took charge, he says, “We increased the annual intake of students in the institute. Then, I started speaking to a lot of international professors, as well as expanded our corporateindustry interface. We are also looking at international collaborations for student and faculty exchanges.”

Having completed his MBA from the USA, Mr. Bansal finds some stark differences in the way a management degree is perceived and pursued in India. He points out, “Students entering the top 50 colleges in the US are of the average age of 27+ years. These students would have ideally had some work-ex and the classrooms there are more discussion-based, where the teacher acts as a facilitator. In India, the average age is 21-22 years, comprising students who come in right after an under graduate degree. This makes the classroom more lecture-based. Also, the quantity and quality of research done by the faculty matters a lot in the USA, rather than the number of teaching hours that the teacher has, which is a priority here in India.”

Again, according to him, the expectations of students in India from an MBA degree is more to do with a plum-salaried job. What the students fail to understand is that, entering a management school is just an entry point, but what really matters is what you do and how much effort you put in those two years of education.

Said that, what makes NDIM stand out from the clutter? And he quickly points out that, “Unfortunately, there is a big gap, between what people promise and what they deliver. For the last 15 years or so, we have been trying to keep up to that promise. Also, our objective is not to make some quick money and exit, which a lot have been resorting to in the last 4-5 years. My grandfather started the institute with a vision of giving back to society and even today, that commitment remains intact.” Adding further, he concludes by maintaining that, the institute’s aim is not to have 5000 MBAs each year, but as a policy, keep a limited intake and deliver quality education to the chosen few. Read More...

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Wednesday, May 06, 2009

‘Smart’punch there!


IIPM - Admission Procedure

Will innovative Apple oust Nokia as the ruler in the smartphone category by the year 2013? Who will rule?

Along the highway of technology, you can never drive past the ‘The End’ milestone... Be it innovation, security issues, phishing problems... or even war between technological hardware giants, like the one for the future of smartphones, between Apple and Nokia.

Research is what proves the evitable, and so here comes such a report from UK’s tech-watcher, Generator Research (GR), which has suggested that Apple could easily snatch away the numero uno smartphone manufacturing crown from Nokia in the next four years. As per forecasts by GR, by the year 2013, Apple’s iPhone product line would have been expanded with a range of new additions, which could help it garner a global marketshare of around 40% in the smartphone category. It also calculates that Nokia’s market share would erode by 50% by 2013. Conclusively, as per GR, while Apple would sell a mindblowing 77 million units in 2013, Nokia’s count would plummet to just 38.5 million in the smartphones category, a figure close to what it sold even during 2008!

Indeed, these estimations sound a tad too optimistic when it comes to Apple’s future, but GR’s Research Chief, Andrew Sheehy, justified his findings as he pointed out a number of key factors driving Apple’s upward trajectory. Apple’s near-to-total focus is on smartphones with a broad product line that would hit market shelves over the next few years. Secondly, Apple has the AppStore, and with it, has been laid out the groundwork for online services that multiply manifold the smartphone’s value. More so, increase in count of integrated third-party apps and services will further help Apple (and other smartphone manufacturers) to create a product beyond what the hardware alone defines.

Future developments to the AppStore will see coders accessing not only iPhone resources with greater ease, but also the network operator assets. Rob Enderle, Principal Analyst, Enderle Group, adds few more reasons to make us believe in Apple’s future supremacy as, “A sharp focus on both product design and tightly coupled demand generation marketing strategy has always been Apple’s strength, and this will play to its advantage. Unlike most vendors which build a lot of products to target widely differing customer needs, Apple builds few and then drives customer needs to the products...” Looking at how Apple’s iPhone sales have risen over the past two years, innovation surely seems to have paid-off for this Silicon Valley giant. And the cult? Well, surely, the passion that an Apple customer shares is hard to match by any other technological producer, leave alone Nokia!

Delivering network operator APIs through the iPhone would allow the platform to rapidly gain ‘missing’ features, such as the ability to send one text message to a group of users. Opening up the system this way allows Apple to expand the capabilities of its devices, while encouraging third-party app development on favourable commercial terms at the same time. However, Apple does face a challenge too – that of losing Steve Jobs, as Enderle says, “Apple’s biggest problem is the loss of Steve Jobs, as he is the guy who made this model (tightly coupled demand generation marketing) work. In his absence, the model might break and that may just have a negative impact!”

Clearly, for now Nokia has two choices: innovate or innovate, for without innovation, its attempt to either get ahead of Apple, RIM and Palm in the future, or the use of marketing to redefine consumer wants will never work. The future of smartphones is broad, bright and deep, and Apple has promises to keep... Will it?

Arun Kumar Roy

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2009

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Wednesday, November 12, 2008

It will be as hung, as unstable and as prone to rabid horse trading as the current dispensation.

Amidst this Singh is King hype, not many are paying attention to what the next Lok Sabha will lookDr. Manmohan Singh like. If you are Third Front romantic, you might believe that Prakash Karat and fellow comrades will forge an unbeatable strategic alliance with Mayawati. If you love saffron, you think that despite the setback of as many as 10 MPs deserting the party during the crucial vote, the BJP and the NDA will leverage inflation and anti-incumbency to storm back to power. If you still nurse dreams of Rahul Gandhi leading the nation one day, you are confident that the Indian voter will go back to the Nehru-Gandhi family in a decisive way.

Lets take the Third Front first. Apart from the Left, the Mayawati-led BSP and just maybe Chandrababu Naidu-led TDP, no other constituent can hope to reach double digits. The only way the Left will go from its current tally of 59 seats is way, way below in the next elections. Even die hard supporters of Mayawati won’t give the BSP more than 50 seats. Together, the two will win less than 100 seats. The entire Third Front will be lucky to win even 150 seats. The only way they can form the next government is if either the Congress or the BJP support a tottering, unstable regime a la the Deve Gowda and Gujral years.


Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Friday, October 24, 2008

Travails of the comeback kid

Dell’s success mantra till date had been “customised product building” an approach that worked immensely wellDell with professional and corporate clients, which soon became a cut throat market as these people had a good knowledge of products and prices. The need to find new customers had Dell changing its direct selling philosophy and entering the retail mode. Starting from June this year, Dell began to sell its PCs through Wal-Mart and Sam’s Club stores in US and in important emerging markets like India (through 40 Tata Croma stores) and in China (where it intends to open 3,500 retail sites) to complement its direct sales business. The retooling drive also focuses on paying more attention to detailed designing and colours.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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Monday, September 22, 2008

Thank God, I managed to pass!

Although the real impact of the US slowdown is yet to be felt, India Inc. is facing the brunt in advance
Perhaps ‘slowdown’ is the most talked about word since we entered the year 2008. Raison d’ĂȘtre, the present state of the US economy! While the world is going apprehensive over a probable recession in the US and its impact on the world economy, the word slowly and quietly seems to associate itself with India Inc. A closer look at its Q3 report card confirms the same.

After a superb show for quite sometime now, India Inc.’s profitability seems to be on a downward slope for the third quarter of the financial year 2007-08. As per the results announced so far (2,024 companies as on February 4, 2008) aggregate gross sales of India Inc. stand at Rs.5.49 trillion as compared to Rs.4.75 trillion for the same period in the previous fiscal, registering 15.5% growth. Indeed way below the 28% growth recorded during Q3 FY 2006-07. However, the worst is when you consider the reported profit after tax growth figures, which have come down to 27% to reach Rs.704 billion from a high of more than 50% in Q3, 2006-07. So who is to be blamed?

“Rising input prices are the culprit,” reasons R. K. Gupta, MD, Taurus Mutual Fund. According to him, “Prices of raw materials have gone up during last half year or so. But due to the market competition, companies are failing to pass it to consumers. As a result their bottom line is getting affected.” A further analysis of profitability reveals that the growth story dips further (to 24%) if one doesn’t considers India Inc.’s ‘other incomes’, which would perhaps be injustice as other incomes is one area that India Inc. would gloat over; after all it has gone up by a whopping 77.5%. But then, what about the volatility in the share market? Isn’t this decline in growth going to affect it further? “Markets will definitely react to Q3 earnings, but they will be more interested in the future earnings due to the fact that better earning prospects will continue to lure investors, despite a poor previous quarter earning acting as a caution,” says an optimistic K. K. Mittal, Fund Manager, Escorts Mutual Fund. However, one thing is for sure – the current Q3 results will not help much in eliminating the ongoing volatile phase in the market.
Though the sector-wise results – barring a few like banking and oil & gas – are not very encouraging, analysts are still upbeat on a few sectors like pharma and metals. Commenting on Q3 performance of pharma sector, Sarabjit Kour Nagra, VP Research, Angel Broking says, “Barring Dr Reddy’s (34% fall in gross sales), the numbers are in line with industry expectations.” During the quarter under consideration, pharma companies have managed a PAT growth of 22%; and as per many analysts, this is the end of the lean phase for the industry. Affirms Ramesh Adige, Executive Director, Global Corporate Affairs & Communications, Ranbaxy, “The next three years will see a strong global generics market opportunity unfold with an estimated $60-70 billion worth of branded products expected to go off patent. This will provide significant opportunities to global generics companies like Ranbaxy to offer word class generic drugs at comparatively lower price.”

vely lower price.” While the performance of almost all the sectors has come under scrutiny, banking is one, which has performed quite well. It had a good time during the last quarter with both credits and deposits growing steadily. Affirms Chanda Kochhar, Deputy MD, ICICI Bank, “The growth in profits has been robust on account of a rise in advances and improvement in margins.” Despite the fact that the pressure on net interest margin continued throughout the quarter, the sector emerged as the best in terms of net profit growth due to many reasons like strong treasury gains and reduced provisions. The sector’s outlook also remains positive for the coming quarter. “The trend that was observed during the quarter is expected to continue and the future outlook for the sector – especially for the banks in Tier I and Tier II cities – is very optimistic,” prophesies Manisha Porwal, Research Analyst, Arihant Capital.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Saturday, September 20, 2008

The moditva model

His development model was based on convincing the people about the benefits of his schemes. By priyanka rai
Narendra Modi looks beyond the immediate gratification for the purpose of getting votes. He aims at multi-dimensional development of Gujarat in the long-term. The vision, concept and implementation of such programmes make him a wily politician who thinks of the next generation in the backdrop of the next elections.

Everyone said that you may not win the elections. Everyone, including the RSS, VHP, some of your own party men, didn’t support you. But still, you won with a huge margin. What do you think helped you win again?

Not for a moment did I feel that I was losing. People did their analysis based on various factors, but they failed to check out the hearts of Gujarati people. Your analysis of any election will come true when you will give the maximum numbers to what the voters want, and not the other factors. I expected the Opposition to say that we were losing, but I did not expect such analysis from people who are supposed to stay neutral.

People say if you hadn’t blended development with Hindutva and a bit of communal flavour, you would have lost the elections?

The Election Commission has the CD of the speeches I delivered during the election campaign. And if my speeches were communal, I am ready to declare that I have lost the elections on moral grounds.

But you did use issues like Ram Setu, a two rupee coin with a sign similar to a cross, and the death of Sohrabuddin?

You call it communal? Communal means if I speak against a community or a religion. If I ask for a common civil court, how is it communal? If I talk about terrorism, how is it communal? This means people who call it communal are of a perverted mind.
What are the secrets behind you governance model?

Firstly, one must come up with a scheme that will benefit the masses. Secondly, we must see that there is a road map for the scheme, how one is going to implement it. Thirdly, one must have the resources like human resources, technology and finance. People must have faith in your project. For instance, when I introduced the Sujalam Suflam Project, I personally went to the villages, met farmers, gave them a presentation, and convinced them. Within seven days, the farmers gave us the land for the 400 km canal.

In the past, you had mentioned that any CM must get three chances, or 15 years to work properly in a state. This is your third term, so do we get to see a fully developed Gujarat after five years?

After five years, I will complete 12 years. So, I am still left with three more years (laughs). What I meant was that in the first five years, we should compare any government with the previous one. In the next five years, we should evaluate how much work has actually been done. In the last stage, we should see whether the government has managed to fulfil the expectations of the people.

So, will a lot of work get over in next five years in Gujarat?

See, for instance, we have the girl child education programme. But even after 60 years of independence, we have only 60% enrolment, out of which the drop out rate is 49%. What can be worse than a situation like this? Now, I have got enrolment up to 60% and brought the drop out to 3%. But if the previous governments would have taken care of this problem earlier, I would have had enough time to bring qualitative changes required in primary education. So, there is so much of pending work that I have to do.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Tuesday, September 02, 2008

Unauthorised construction inside the fort

Rama blamed the authorities of negligence which allowed unauthorised construction inside the fort. And she insisted that a recent remark by Lonely Planet (travel guidebook), as a prime factor that led to reduction in tourism in 2007. Overhearing our conversation, Samantha, a British tourist sitting on the table next to us explained, “Lonely Planet only says not to stay inside the fort for it may contribute to the destruction of the fort which must necessarily be preserved.”

While to some, the fort is a source of livelihood, to many it is their home. Low, wooden roofs to keep cool in summers and warm in winters are a part of an ancient architectural design that has largely remained unchanged over generations. However, amenities have been added to make living easier. The Jain residences is perhaps the most beautiful and well-preserved houses in the fort and therefore the most popular.

What is truly wondrous isn’t inside the houses though but the masterpieces on the exteriors of the houses – beautifully preserved animated wood carvings. Santosh Purohit, actively involved with NGOs working for the cause of preservation and restoration of the fort, strongly puts forth her opinions and perspective, “Most of the forts in our country are like khandars (ruins) and this one stands apart because it is home to a lot of people and its denizens can take good care of it.” Acknowledging the trouble that the residents cause by violating rules, she pushes for a “mutual solution rather than closure.”

As I wind my way through the streets of Jaisalmer, the setting sun lights up the old lanes inside the fort, the pale orange evening sky looking on admiringly at the ‘golden fort’, its beauty mesmerises... Like me, even the sky and the gravelly desert around seemed captivated with the view and perhaps hopeful too, of the preservation of both the shelter and the sheltered.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Wednesday, August 27, 2008

Is Pakistan Musharraf’s own country?

Chances of united democratic alliance against Musharraf are remote
Till date there hasn’t been any election in Pakistan without rigging, says Smruti S. Pattanaik, Research Fellow, IDSA. If this is a fact, then one more truth, which emerges from the current turmoil in Pakistan is that “never before in history of Pakistan, it’s civil society was so keen for elections,” Prof. Uma Singh, Centre for South Asian Studies, Jawaharlal Nehru University, told B&E.

And Benazir Bhutto’s brutal assassination was perhaps the beginning of the rigging. It disturbed, as Saeed Naqvi, Editor, World Report, a syndication service on foreign affairs, said, “the arrangement in which Pervez Musharraf was to be president; Kayani, Army chief, and Benazir, PM, was fixed by the US.” Uma Singh said, “Only after the US gave the green signal, did Benazir returned to Pakistan & she never was critical of the US.” But Benazir’s death has made her Pakistan People’s Party Parliamentarians, like a ship without a captain.

Asif Zardari, Benazir’s husband, Co-chairman of the party, is not very popular, opposed by some PPPP leaders; and her only son, Bilawal, hasn’t finished his formal education. In such a situation, Asif Ali Zardari has designated Makhdoom Amin Fahim, Vice-Chairman of PPPP as Prime Ministerial candidate. “Fahim has run the PPPP in Pakistan during Benazir’s absence and didn’t show political ambitions,” Pattanaik told B&E. The elections have been postponed to February 18 for various reasons. Naqvi feels that PPPP & Nawaz Sharif’s party, Pakistan Muslim League (Nawaz) might come together for the election. But, PPPP, with Nawaz Sharif, won’t be compatible to the US. And, for that matter, neither to Musharraf.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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IIPM makes business education truly global-Education-The Times of ...
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Tuesday, August 26, 2008

Europeanisation of Balkan nations

The increasing trend of Europeanization has impressed Balkans too
Though the sudden split of Yugoslavia and the US’ battle for democracy have given birth to many independent Balkan states, but it left many uncertainties about their future. Few of them got influenced by the US or West and rest remained in strict and straightforward way, pro-Russia, in the light of darkness and ambiguity. Interestingly, last few decades have witnessed a sluggish shift among these nations towards the European Union (EU).

The vulnerable Balkan region has been annexed, ruled and controlled by many monarchs, communist dictators. Ethnic conflicts, civil war in Yugoslavia have established many island as sovereign states, after 1991. But most of them remained unknown to the world.

With eventual realisation of democracy and growing awareness, human rights, trade, tourism and socio-economic development, Balkan nations started shifting towards European community. As a result, it is recently that the world explored Bulgaria, Romania and Slovenia after they became permanent members of the EU. Tourism is flourishing in Slovenia. It has achieved the highest GDP per capita (touching over €14,800) in Eastern Europe. Croatia, Macedonia who are members of the EU have also experienced tremendous socio-economic reforms and Soviet-dominated Albania, Herzegovina, Serbia, Montenegro are also not lagging behind to divulge their potentiality through pro-active reform mechanisms.

While low fertility, population shortages kept Europe in deep apprehension; lack of investment, human rights, trade, tourism and most importantly global recognition of national identity have plagued these Balkan nations. Thus, the EU’s enlargement policy, with Balkan’s growing affiliation with the EU, will unanimously give its contribution to global peace and prosperity.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
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Monday, August 25, 2008

Extending the protection cover

Apart from consumers, ICICI Prudential Life also extends the protection shield to its employees
Life is like an intriguing mystery, with many twists and turns. And as the complicated plot called life unfolds, there are surprises and setbacks in store for all of us. Surprises add spice to your life, while setbacks make you sit back and take stock of the situation in which you have unknowingly landed. Whatever the case be, one can never really say for sure what turn destiny might take. This is one of the major reasons that many people seek ‘insurance’. However, the very word insurance carries a negative connotation. Hence, consumers are not easily swayed by the innumerable promises that insurance companies make. With the paychecks getting fatter by the day, Indian consumers are increasingly looking at alternate modes to plant their money, hence insurance cover takes a backseat. So even today, a vast Indian population is uninsured. Even those who have taken some sort of insurance cover are also grossly underinsured.

For close to 50 years after Independence, the sector was in complete chaos, with only one life insurance player, LIC, operating in the country. The penetration level was miserable as well as the awareness was low. The year 2000 was clearly the watershed period for the insurance sector, with the government allowing private participation in the sector. No sooner had the government announced reforms in the sector, a flurry of private players as well as international players made a beeline for this highly potential yet unexplored sector. One of the first companies to set shop was ICICI Prudential Life Insurance (a joint venture between ICICI Bank and Prudential plc – a leading UK-based international financial services group). Clearly in the past few years, insurance has emerged as one of the fastest growing sunrise sectors in India. Huge potential, intense competition and tax benefits have given a new lease of life to the insurance sector. Although LIC still continues to dominate the pack, but among the private players ICICI Prudential Life stands out as a clear winner with 7% market share (ICMR Survey).


ICICI Prudential Life is the first life insurer in India to receive a National Insurer Financial Strength rating of AAA (Ind) from Fitch ratings. For ICICI Prudential Life, the key to success has been their highly motivated workforce (read agents), that have the real tough task to motivate consumers to buy an insurance policy. The company has seen a lot of activity in the last two years and its workforce has increased from 7,500 employees in 2005-06 to nearly 29,000 employees, today and still counting…

With such rapidly growing workforce, the role of HR becomes all the more critical in identifying and nurturing the right talent that will enable the company to build scale. While speaking to B&E on the people challenges faced at ICICI Prudential Life, Judhajit Das, Chief – Human Resources, ICICI Prudential Life Insurance, points out, “With this kind of growth, our highest need is that of talent at the frontline level and customer service points, given our scale requirements.” In fact the entire financial services sector has a shortage of talent that is suited for middle management roles in corporate functions like finance, audit, human resources and specialist functions such as product development, underwriting, claims and actuarial. Consequently, the company too finds itself in a ‘war for talent’ situation, wherein there is a dearth of skilled professionals who have the domain knowledge of specialised insurance functions. Therefore, retaining high potential talent are the biggest challenges for the human resource function. To address the challenge of finding the right set of people ICICI Prudential Life has partnered with some exclusive business schools to launch a Post Graduate Program in Management and Insurance (PGPMI) to train and develop skilled insurance professionals, who can later join the company and help them build scale. In addition to this, the company has also adopted other innovative strategies such as identifying and nurturing talent among Indian Armed Forces and encouraging second career amongst the senior citizens, which also enables ICICI Prudential Life to strike a balance between young and mature minds within the organisation. To build further scale, the company has moved beyond the metros, to recruit talent from tier II & III cities as well.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Wednesday, August 13, 2008

Body Parts and Clothes

The appearance of the avatar can be customised in something called the editing laboratory. Options are available in two categories: Body Parts and Clothes. The first will allow you to adjust your height, weight, chest size, waist size and so on. Skin can be further altered according to skin details (like pigment), face detail, make-up, and body detail. Body detail means tattoos, and tattoos can be placed anywhere on the body, from head (if you’re bald) to toe (if you’re going to go barefoot). You also have complete control over the colour, length and texture of the hair, as well as colour, shape and size of the eyes, eyelashes & eyebrows. You can have different hair styles such as straight, curly or textured & hair colour such as blond, brunette or red head. You can change your skin colour & complexion. You can give yourself green or blue eyes.

You can sport a moustache & beard. You can have an athletic body or a muscular one. Choose from any number of combinations in clothes and accessories ranging from caps, hats, jewelry and glares. All articles of clothing can be customised by style & colour: shirt, pants, shoes, socks, jacket, gloves, undershirt, underpants, & skirts. Advanced Residents use Adobe Photoshop to design and create their own clothing. And these are only in human form. The avatar can also take other humanoid or non-humanoid forms. So if you fancy yourself to be a green dinosaur with wings, even that’s possible. Also called furries and wolfies, creature avatars are quite popular in SL. And finally, a single resident may have multiple accounts (Alts), and thus appear to be multiple residents. However, the resident must register them and pay a small fee.

SL adds the conversational dynamics of chat to create the social structure of communication. This is available in two forms: local chat and instant messaging (IM). Chatting is primarily used for public conversations between avatars and can be “heard” within 25 meters. IM is used for private conversations. You can move around in three ways. Walking obviously, is the most basic method. But avatars can also fly up to about 170 meters over the terrain without any special equipment! Yes, that’s right! And if that is unbelievable, there’s a third even crazier method: teleportation. Meant for instantaneous travel, all you need to do is punch in the coordinates of the location you want to go to and you just appear there. Of course you can also ride in vehicles such as the basic go-kart or Resident-made vehicles including submarines and balloons.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Tuesday, August 12, 2008

Fund manager handling the profiling

Another important factor to look at is the fund manager handling the profiling. A fund manager’s brilliance, experience & expertise contribute sizably to the fund’s performance and help the fund attain its investment objectives.

In fact, a combination of a disciplined fund house with a strong fund manager makes for a great combination. A disciplined fund house culture makes fund managers make intelligent yet cautious and well worked out calls. Parallely, a fund manager’s individual capabilities and research techniques aid in good portfolio development. Thus an ideal combination of the two adds to the fund’s performance.

Apart from spending time and effort to select a fund house meticulously, an investor should remember three basic principles of investing viz. Systematic Investment, Asset Allocation and Long Term Investment Horizon. Market cannot be timed to precision every time as a common investor lacks the expertise and bandwidth to do so hence systematic investment approach is advisable. Similarly, depending upon individual risk appetite and investment objective, an investor should design an asset allocation pattern, which should be rebalanced time to time. Lastly, investors should remember that equity markets behave in a volatile manner in the short term, while over the long term, the returns are far better than other asset classes and hence patience is extremely critical.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs


Monday, August 11, 2008

Virgin Radio a goodbye

But what comes to Branson as a bonanza may be a bad start for BCCL, as right at the onset they have to kiss the ‘all-popular’ brand name Virgin Radio a goodbye. However, industry experts feel that Virgin Radio buyout is not a bad deal for BCCL. Sample this: BCCL has bought Virgin Radio from SMG for $106 million (in 2000 SMG bought Virgin Radio for $500 million at five times higher price). With the assets of the company valued around $136 million and the radio channel commanding a regular listenership of 2.7 million, this means that even without the brand name it’s a lucrative deal for BCCL. Amita Sarkar, Media & Entertainment Head, FICCI, feels, “BCCL is a huge success in itself as far as brands are concerned. Given the infrastructure of Virgin Radio, creating a new radio brand in UK won’t be a difficult task for BCCL. Brand creation is something that it knows the best.”

BCCL will invest approximately $30 million over the next few months to re-brand the acquired company. However, the challenge remains to establish a brand, which will be equally adored by UK radio listeners. The competition is definitely going to be tough as a lot of consolidation is happening in the UK radio sector. Moreover, in the times to come Richard Branson himself will launch a new radio station under the Virgin brand itself. That again will be a big challenge for the Indian media house. But with the growing Indian population in UK and a cult-following for BCCL-promoted TOI, the going won’t be tough for it.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

Top Articles on IIPM:-
IIPM makes business education truly global-Education-The Times of ...
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Wednesday, August 06, 2008

A Mobile Castle

That’s the slogan all mobile retailers are chanting, but who amongst them stands a better chance? surbhi chawla analyses...

A 1977 British tele-serial had the shy young Roland Wright dealing with his tormenting existence at home (with nagging parents) and at school (with bully peers & despotic teachers). One day, Wright falls down a lift shaft where everyone in his life transforms into hideous doubles and Roland must overcome his enemies to become “King of the Castle”! The plot is reminiscent of modern day chaos in the organised mobile retail segment, wherein each protagonist must uncover a series of vital keys to become King of India’s lucrative mobile retail castle. On stake is the Rs.70,000 crore and growing mobile market of India, of which, analysts estimate, at present only about a miniscule 7-10% comprises organised retail. From the Essar promoted The MobileStore to the price-warriors like Subhiksha Mobile to big daddies like Reliance Digital, everyone is keen to jump on this ship before it sets sail to moolah land. And each player is trying to create that winning differentiator that separates the wheat from the chaff.

But before we get on to that, let’s just briefly look into the biggest challenge that this retail format faces, and one which is making players in the segment sick with worry. Till date, more than three-fourth of the mobile retail business continues to be done through the unorganised segment and grey markets. In fact, most players consider the unorganised segment as their biggest competitor, as opposed to other organised players. Yet, there is big time optimism in the air that sooner than later, the organised players will win consumers over and that the share of the grey market will go down. “The major advantage they are offering customers is price and organised retailers are already trying their best to give lowest cost advantage.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative