Undemocratic republic of...

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In what is threatening to once again draw the Democratic Republic of Congo’s neighbours openly into the conflict and may undo a six-year regional and international endeavour to alleviate the Great Lakes region, fresh fighting has resumed in the Eastern Congo region between government forces and those of Laurent Nkunda.

As reports last came, rebel forces led by the Congolese Tutsi general – head of the National Congress for the Defence of the People (CNDP), have affirmed an armistice after four days of hostility in the North Kivu province. Congolese soldiers and displaced civilians moved into the province's capital Goma, fleeing advancing rebels.

The fighting has led to the migration of at least 50,000 people, according to UN reports. A crisis sitting of the Security Council late last week has agreed to a non-binding declaration, which condemned the hostility and called upon CNDP to "bring its operations to an end", which they said was creating a "humanitarian catastrophe".....Continue

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The Sunday Indian

Employers perferring more of Management Institutes like IIPM

The Indian Institute of Planning and Management (IIPM) set a record for itself in campus recruitment with more than 2,000 jobs for its students during the ongoing placement season for the class of 2006-08. The total number of placements by March second week had hit a high of 2,014, highest achieved ever. The highlight of the placement season was that 85 new companies entered the IIPM campus to net the talent for their enterprises, said an IIPM release. More than 10 international placements was the added feature of the season.

More than 600 companies have visited the IIPM campus for recruitment so far, with the first timers like Yes Bank picking up 33 students in early January, Zee Entertainment netting seven, UB Group (King Fisher Airlines) selecting 14 among others.

Satyam Computer Services picked up 60 students on the first day of the placement exercise offering a whopping package of Rs 8.8 lakh per annum, the highest domestic package offer, exceeding the average offer of Rs 5 lakh per annum, said IIPM.

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The Sunday Indian

A fashion battle

They are among the most-talked about women in the world. What with their high-profile marriages, photogenic looks and enviable careers... So a small amount of rivalry between Catherine Zeta-Jones and Carla Bruni-Sarkozy, when they met up at a gala dinner in New York, is forgivable. But though Michael Douglas’ wife and France’s First Lady seemed to be getting along famously when they met at a soiree honouring President Nicolas Sarkozy with a humanitarian award, other guests took down a few fashion notes. They opined that while Carla turned heads in an electric blue gown with faux jewel detailing, Catherine more than held her own in a midnight-hued affair revealing a daring decollete.

:Ravi Rawat

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.

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

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?

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

“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.”

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

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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.

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

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


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