Has Vodafone’s ambitious plan given him the jitters?

If that wasn’t enough, RCom broke another barrier in the low cost segment by launching the FM Radio Classic music phones at just Rs.1,888 on June 4, 2006. Though aggressively priced, the company says that their rich look and feel factor will lure in a lot of first time buyers. The company has also kick-started the world’s largest and fastest rural infrastructural rollout. The plan is to provide telecom coverage to 234,000 villages by setting up 8,982 sites in the country’s remotest regions.

According to Anil Ambani, the vision is to realise Dhirubhai’s dream “of a world without borders and manmade limits” giving every Indian a chance to communicate and connect, compete and collaborate. And if RCom manages to thwart Vodafone’s low cost gambit in the process, guess it will all be in a day’s work!

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

Asian women wealthier?

Power to the Asian woman! According to a report, titled ‘Barclays Wealth Insights: a Question of Gender’, published by Barclay’s Wealth, Asian women – including Indian businesswomen – are generating more wealth than their counterparts elsewhere in the world. And it’s not just their affluence that is growing – it’s also their influence! Being Britain’s leading wealth manager, Barclays sure knows what it’s talking about: “the affluence and influence of women is growing globally and is increasingly fuelled by their own individual enterprises – highlighting that the perception of inheritance and marriage as the lead sources of female wealth is out-dated.” Compared to any other global regions, in Asia, 26% women cited income from a business as “their main source of wealth”, whereas, globally, 20% women show income from a business as their main source of wealth. What’s more, women in Asia “are often more thoughtful and purposedriven when it comes to investment behaviour”, the report added. Women consider education to be the single most important factor of wealth generation: while school education was cited as the key factor by Middle Eastern and African women (55.6%), Europeans (55.7%) and North Americans (60%) felt that university education was the most important.

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

SEC convicts 1,236 in 5 years; SEBI, er, none?

In fact, some top examples are as follows – SAT had set aside SEBI’s order suspending the registration of broking firm First Global Stock Broking. SAT had also set aside SEBI’s order banning the former Chief Investment Officer of Alliance Mutual Fund, Sameer Arora, from dealing in the securities market for five years (SAT even verbally humiliated then SEBI chief G.N. Bajpai for his public statements against Sameer Arora, while the matter was being investigated).

This at a time when the US Corporate Fraud Task Force, in the past five years, has succeeded in superbly convicting a total of 214 CEOs & Presidents, 53 CFOs, 23 Corporate Counsels or attorneys, & 129 Vice Presidents. Each one of the high profile convictions of SEC (from Kenneth Lay to Computer Associates) has resulted in jail terms exceeding an average of ten years! Now digest this. Any party aggrieved by SAT’s orders can file an appeal within 60 days (Section 15Z). In the last year, guess which was that one entity that filed 83% of all the appeals against SAT rulings? Of course, SEBI! Bow down your heads, guys!

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting

Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank The Sunday Indian

The beast lives on...

The gigantic Indian realty sector grumbles & groans, riddled as it is with a flurry of issues, some that are external, and some that are created of its own accord. Is the sector doomed to go the way of the US housing boom, or will it be ultimately able to prove the most critical of analysts horribly wrong? Is the realty beast indeed too large now to be able to sustain itself?

Accept it! You couldn’t have missed the bloodcurdling stare of the 60 ton beauty staring at you a page back. Even we couldn’t, when one top real estate sector expert was drawing out this analogy quite innovatively for us. Massive, growling, thundering, roaring to run, ready to destroy, the 25-foot tall King Kong’s similarity to the real estate sector was just about as uncanny as it could get... Oh, did we mention this Kong nitwit’s a dime brainless too? That was the ‘uncanniest’ similarity with the realty sector we couldn’t quite get over with. Think about it – with his sheer agility, fierce attacking instincts & stupendous power, this King of rock would have been more than a handful for an army, even with a few superheroes thrown in! Isn’t it then hilariously ironical that all it took was a few overzealous, and rather clumsy explorers, with even clumsier weapons (chloroform, for Pete’s sake!), to overpower Mr. Genius and bring him down to his knees? What’s the explanation for that? Quite straightforward, we should explain. Both Kong and our spectacular real estate sector got entrapped because of the problems of growing ‘interest’.


For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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