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Tuesday, October 23, 2007

This year, the big daddies amongst the PSUs have Delivered a sterling performance...


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Without This year, the big daddies amongst the PSUs have Delivered a sterling performance...any doubt, the big daddies amongst the Indian PSUs have delivered a sterling performance this year. Indian Oil Corporation tops the list of these PSUs with the crown of being second most profitable company in India, nextonly to the Reliance Industries. The year 2006-07 seems to be a real good year for Indian Oil. The company recorded a jump of 20.53 % in its turnover touching the figure of Rs.2207.79 billion against Rs.1831.72 billion in the previous year. The profits of the company stood at Rs74.99 billion than last years’ profit of Rs.49.15 billion, reporting a hike of whopping 53%. IOC continued its major thrust on the downstream business and recorded sales of 54.8 million tones of petroleum products against 52 million tones last year. The refineries business of the company scored highest-ever throughput of 44 million tonnes with 98% capacity utilisation, 14% higher than last year. The pipeline businessof the company, too, recorded a throughput of 51.7 million tones, highest till date. Says Chairman Sarthak Behuria, “The success of the company can majorly be attributed to its mega projects being executed during last year. We went for capacity expansion at Panipat Refinery from 6 to 12 million metric tones per annum (MMTPA), a world scale PX/PTA (Paraxylene/Purified Terephthalic Acid) plant at Panipat for polyester intermediates, MS (petrol) quality up gradation project at Gujarat Refinery, and the Mundra- Panipat crude oil pipeline with onshore facilities at Mundra for handling heavy crude oil imports.”

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Source :
IIPM Editorial, 2007

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

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Wednesday, October 17, 2007

Beyond those cement walls


IIPM BEST MBA INSTITUTE

...lies Switzerland-based Holcim, France-based Lafarge, Heidelberg of Germany & not to forget, our very own Indian AV Birla group! And none ready to give any quarter

With Beyond those cement wallsa compounded annual growth rate that is sprinting at 8% for the last one decade, it is not tough to fathom the fact that the Indian cement sector has beaten the growth of China & the global industry average, which stands at a meager 3.5%. The concrete presence of the cement sector can be attributed to the optimistic outlook in the housing sector supported by the government’s drive for developing infrastructure. And if this was not enough, the last few years have witnessed global cement players, such as Lafarge, Holcim and Heidelberg, making their foray into the Indian markets.

With expeditious expansions on one hand, M&As, which began during the 1990s with Gujarat Ambuja Cement Ltd (GACL) taking over DLF Cement and Modi Cement, have only increased with every passing year. Holcim entered the country in 2006 by acquiring a 14.8% stake in GACL and a splendid 34% stake in ACC to become the numero uno with respect to capacity beating the AV Birla Group. Jayesh Doshi, VP-Treasury, GACL, puts forward the point, “In 1995, the top five cement players controlled about 26% of the market share, while smaller companies held the remaining 74%. The top five cement players currently have about 55% of the market share.”

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Source :
IIPM Editorial, 2007

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

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Tuesday, October 9, 2007

Europe’s second chance in the Balkans

For Morton Abramowitz, Former President: Carnegie, Endowment for International Peaceat least the next two months, the United Nations’ Security Council will debate a blueprint for Kosovo’s future, arduously worked out during a year of “negotiations” between the governments in Belgrade and Pristina by UN envoy and former Finnish President Martti Ahtisaari. The blueprint provides for Kosovo’s “supervised independence,” maximum protection for Serb and other minorities, and a supervisory role for the EU. Ahtisaari’s proposal is an acknowledgement that no agreement between the parties is possible, and that there is no constructive alternative to Kosovo’s independence.

Together with the US, the EU collectively has rallied around the Ahtisaari proposal. But individually, a number of European countries – Spain, Greece, Italy, Cyprus, Romania, Slovakia and Austria – are skeptical or negative toward Kosovo independence, which raises profound questions about the EU’s resolve.

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Source :
IIPM Editorial, 2007

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

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IIPM going global
On "IIPM - Arindam Chaudhuri - Planman"
IIPM Alliances
IIPM RANKED AHEAD OF FIVE OF THE IIMS
The Business of B-School Rankings & The Big Farce
IIPM ABOUT :- IIPM KNOWLEDGE CENTER
Topic: India – China: A Growth Comparison
IIPM Infrastructure : Campus
HRIC :- Human Resource Intelligence Cell

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

Wednesday, October 3, 2007

The next Dodo

Elephants would soon extinct

The Elephants would soon extinctworld is witnessing a dramatic decrease in the population of elephants all across the world, thanks to a thriving trade in ivory. Recent research reports estimate that around 20,000 elephants are being killed annually for this trade. August 2005 to August 2006 saw seizure of over 25.5 tons of illegal ivory. The Chinese market has a high demand for illicit ivory, which is bought in the mainland through sea-routes of Hong Kong, Macao and Taiwan. Japan and Thailand are also big ivory markets. Around 62% of the seizures take place in this hub. On an average 3 illegal ivory trading consignments are seized per day. The Asian business tycoons are moving to South Africa and are encouraging illegal ivory trade under the garb of timber companies. Given the rigorousness of the current state of the trade in illegal ivory, substantiated by ever-increasing seizures, unless drastic steps are taken, it’s not far when elephants would become a thing of the past.

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Source :
IIPM Editorial, 2007

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

For More IIPM Article, Visit Below....
IIPM RANKED AHEAD OF FIVE OF THE IIMS
The Business of B-School Rankings & The Big Farce
A beach resort… Come for a month, at least
IIPM ABOUT :- IIPM KNOWLEDGE CENTER
Money for nothing...
Topic: India – China: A Growth Comparison
Who says US is on the brink of a recession?...
Thanda karta sabko ek
HRIC :- Human Resource Intelligence Cell

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.