She saw a future in Saw

Sminu JINDAL... She put the groove back in the Jindal Group, and made ‘infrastructure’ a statement

In an industry that tests the best out of even the toughest of men, Sminu Jindal, Managing Director of Jindal Saw (part of $4 billion Jindal Group) remains an exception. Though she was in her teens when she joined the company as a trainee, her appointment was no less than a blessing for Jindal Saw. She turned around the sick unit into a profitable venture in the very first year of joining by pioneering the production of ultra thin gauge steel that was unheard of in that era.

Not only this, she has been instrumental in bringing about a complete image makeover of the company at every level of operation. Her acute business Acumen has also helped position the company as a competitive global player bagging major international contracts.

Sminu shared with 4Ps B&M, “I get even more stubborn, when the going gets tough & work towards making a way and put all my energies into it.” Work holds top priority in her list and she believes her true calling is to ensure that Jindal remains the largest infrastructure player with enough diversification to make the stakeholders happy. She has also initiated some groundbreaking social cause projects under Svayam provides wings to people with reduced mobility. A lady with a difference is all that we can say about Sminu, but she for sure knows her business.

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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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The Sunday Indian

NFOs fail to deliver big-time

Well, the reasons for this tumble are simple – more than the fresh influx of funds, it is the money moving out from the existing funds to the newly launched New Fund Offers (NFO). Over the past one & half years, the market has been witnessing a bull run with Sensex thundering across the 15,000 milestone; but to the agony of investors, more than 60% of the NFOs have had a trailing record against their benchmarks (the table alongside has startling performance results). UTI Contra, Tata Contra, Sundaram BNP, Stanchart Classic, SBI, Reliance, Magnum, take a name & we’ll show you blood on Dalal Street. Gauri Magar of Arihant Capital Market, puts across her views while speaking to B&E, “They are changing their portfolio on a monthly basis, investors are looking for short term gains & hence you have AUMs eroding, NFOs must be looked as a long term investment...” Easier said than done. If one year is not considered long term, then pray, tell us what else can be?

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Source: IIPM Editorial, 2008

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

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“Challenge in business is continuous and is accompanied by continuous innovation and rejuvenation”

After completing his Management degree from the Motilal Institute of Business Management, Allahabad, Sethi started his corporate journey with Reckitt & Colman of India in 1984 as a Branch Manager for the eastern region. His outstanding performance at the company soon saw him being promoted to the post of National Sales Manager in 1987. He was later transferred overseas and worked in West Africa and Nigeria. In his two decade stint, he has seen the company both through the good and bad times – when the company became a subsidiary of the global FMCG giant Benckiser in 1999 and was renamed Reckitt Benckiser (India) Limited and also when the company’s four-year-old JV with Nicholas Piramal ended in 2001.

However, the dissolution of the JV did not hurt Reckitt Benckiser much, as they got their hands on the prized 65-year-old brand Dettol and Disprin. Keenly understanding the Indian market, Sethi took no time to extend the company’s flagship brand Dettol, which is the leader in the antiseptic market with an 85% market share. The market was soon flooded with Dettol Liquid Hand Wash & Dettol Soap that have managed to find a prominent place in people’s bathrooms. The brand extension strategy was a runaway success as Dettol Liquid Hand Wash created an altogether new segment. It now commands 60% of the market in this new category. In the health soap division too, Dettol Soap accounts for 18% of the market. Explaining the core philosophy that drove his business, “media shy” Chander Mohan Sethi (as he likes to call himself) told B&E, “Challenge in business is continuous and is accompanied by continuous innovation and rejuvenation.”

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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

India’s greater ‘Reliance’ on loans

India Inc. has raised over $8 billion through syndicated loans by way of 33 deals in the first half of 2007, the leader being Reliance Industries. RIL alone mopped up a massive $2.7 billion. Syndicated loans volume of India Inc. was at $8.3 billion for the first half of this calendar year, which showcases a steady growth path over the previous year’s figure of $8.1 billion through 41 deals. Others, which followed the behemoth are, Tata Group raising $400 million, British mobile giant Vodafone and largest lender State Bank of India (SBI), both gathering $300 million each while HDFC (not too far behind) gathered $285 million through syndicated loans.

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Source: IIPM Editorial, 2008

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


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Hollywood’s brawn brigade...

They are the men who gave Hollywood its brawn. These are not your ordinary action heroes, they are action heroes on steroids (oops, that was totally pun unintended!). Both were born in the month of July and while one brought a cyborg to life through the Terminator movie franchise, the other epitomised the underdog hero so well portrayed in the character Rocky Balboa in the Rocky franchise. Arnold Schwarzenegger and Sylvester Stallone’s immaculately chiseled bodies were synonymous with Hollywood action for good part of the 1980s and 1990s and their box office draw was simply unmatched.

The body building fanatic, Arnold started out from a small hamlet of Thal in Austria, and in two decades went through an in credible Hollywood tale, catapulting himself to the top of the pile of Hollywood pop action heroes. For a man with an accent and effectively zero acting background, Arnold’s achievement is as remarkable as it is unique. More so considering the fact that he is currently the Governor of the State of California, only the second actor after Ronald Reagan to be elected to that position. “The most perfectly developed man in the history of the world,” was how the Guinness Book of World Records described this man who started out as a bodybuilder, winning the Mr. Europe title followed by Mr. Universe title four times and the Mr. Olympia title seven (!) times, six times in succession from 1970-1975! Mr. Universe was his ticket to America where he chased his dream of becoming an actor. His breakthrough role came in Conan where he played the eponymous character – a role almost modelled after him! Then came the sci-fi Terminator, where his portrayal of the killing machine earned him box office success.

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Source: IIPM Editorial, 2006

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

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Once again, the Indian Left has proved its hidebound approach

“By allowing the aircraft carrier, India is violating its own policy of not allowing any warship carrying deadly weapons”, said CPI secretary D Raja. His objection was more vehement because the ship belonged to America. But, he was wrong on this count also, as India has in the past, not only allowed more than 10 warships to dock on its shores but has also conducted joint naval exercises with American & European warships in Indian waters.

Moreover, with the crew of the American leviathan spending on an average approximately $1 million per day during the four day stay and an almost similar amount is being earned through repairs & maintenance, the Department of Revenue has no reason to complain. The Left parties need to grow up; stop nitpicking & concentrate on drafting better policy to take the nation ahead.

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Source: IIPM Editorial, 2006

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

IIPM, Business College Ranking India BBA Institute India, IIPM IIPM - Nikhil Khade Online Welcome to 4Ps Business and Marketing The IIPM Think Tank IIPM New Delhi India Professor Arindam Chaudhuri, Renowned Management Guru & Economist IIPM Info Planning and Entrepreneurship Programme, IIPM New Delhi, India Business And Economy IIPM Placements New Delhi, India IIPM Business Management Institute India

If Abbas competes with Hamas and its well developed social welfare structure and to avert human catastrophe in Gaza; he needs millions of dollars in US aid

If Abbas is to compete with Hamas and its well developed, social-welfare structure and to avert human catastrophe in Gaza, he needs billions of dollars in aid. Along with a major increase in the US funds, the EU needs to increase its aid dramatically. But if outside money is to flow, Blair must get the Palestinian government to rein in its rampant corruption.

All this requires clear thinking. At the RAND Corporation, for example, a team of researchers has laid out a comprehensive approach to building a successful Palestinian state, covering governance, security, education, health, water, investment – as well as long-term economic relations with Israel and the outside world. RAND’s practical ideas have drawn praise from some Palestinian as well as Israeli leaders, precisely because they are about people more than about politics.

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Source: IIPM Editorial, 2006

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

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