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ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

…with tryst with prosperity...

The remains of 36 year long civil war, which ended almost a decade ago, still haunts Guatemala. Even after the peaceful agreement which paused the internal armed conflict that claimed not less than 200,000 indigenous lives, Guatemala still tussles with internal stability & remain as a fragile state. Failing to bring about peace in the nation, clubbed with two shocking events that took place during 2005, leaves this country in a state of anarchy & chaos. One was that of finding documents which evidenced controversial records of the 36-yearcounter- insurgency. The other one was massive mudslides which destroyed lives of indigenous communities. Government has failed to curtail widespread crime (claiming 5,885 lives in 2006 alone) which is eventually manifesting in the weak judiciary system & ongoing impunity. The situation gets worse in case of women (1,877 women were raped, tortured & killed in 2005) wherein most of the cases go unreported and then ignored. On economic front, Guatemala is growing, even though social & economic disparities are areas of concern.

It’s now or never situation for this country wherein the policy makers need to set priority & get going with the tryst with prosperity...!

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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 Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
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STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

It’s now or never for Cambodia

ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOSE IIPM...

Cambodia needs to change its tainted image...

Inspite of all the attempts to bury the haunting past of the late 1990s turmoil, the reminiscent of social tensions still plague this nation. For the ordinary Cambodians, civil torture, excessive detention & political violence are still norms rather than exceptions in life. Add to these, discrimination, trafficking & the commercial exploitation of women & children & the plate becomes full. The constitutional shields notwithstanding, child labour is a common issue in the flesh trade industry. Corroborating this with the fact that more than 15% of estimated 50,000 prostitutes are adolescents & are aged between 9 to 15 years. The government has also consistently failed to eradicate political intervention & corruption in judiciary results in rise of extrajudicial institutions. Even after international assistance in preparation of civil code, there seems very little political will to enact them. The deeprooted political bias & prevalent corruption naturally has its ramification on the society. Corruption seems to be the way of life in all spheres which largely impedes the economy by draining out almost 10% of the GDP. Foreign investors are continuously looking for opportunity of trade in natural resources & investment in industries but then the prolonged regional economic crisis & political backbiting has made sure that foreign investments remain stagnant. Even in absence of turmoil in some regions, the poor management of resources has created structural hindrances to the overall growth. Even though the era of Cambodia’s violent dictator Pol Pot & his Khmer Rouge regime is a thing of the past, its after effect on Cambodian society seem to be never ending! But this nation has to realise that it is their golden opportunity to make a mark in the world & erase the negative image that Pol Pot & Khmer Rouge has created.

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Source : IIPM Editorial, 2007

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

For More IIPM Info, Visit Below....
IIPM Economy Review
IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Airy moves by Northwest?

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The union on behalf of the pilots at Northwest Airlines Corp. agreed to a deal that seeks to avoid late-month prickles in the airline’s flight cancellations such as those seen in June & July this year. The agreement makes contractual changes on quite a few work rules pertaining to international flying & settles an outstanding complaint. In exchange, Northwest will restore premium pay of 50% for all pilots flying more than 80 hours a month. The airline said the deal was “economically neutral” with the premium- pay costs counterbalanced by the work rule changes & the grievance settlement.

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Source : IIPM Editorial, 2007

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

For More IIPM Info, Visit Below....
IIPM Economy Review
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOS...IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
HRIC :- Human Resource Intelligence Cell
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

No more child’s play...

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This spells bad news with Mattel recalling about 1.5 million toys from the US market. So kids playing with their favourite characters of Sesame Street or Dora, need to return them! This is not the first time Mattel is recalling its products. In 1998, Mattel had recalled about 10 million of its Power Wheels. There were complains that these toys had the tendency to get overheated and thus cause fire. This time the reason is toxic lead that has been used by a certain Chinese contractor in the paint job. Hence, at a whopping price of $30 million, the toy maker is asking consumers to return back its Fisher–Price toys. The metal causes various health related problems in children and at times even severe ones like brain damage. The manufacturing phase of these lead infested toys was between April 19 & July 6 this year. The toys were sold between May & August 2007 and according to Mattel estimations, about 30% of the problem toys have already reached the shelves for sale. It is not only in the US that the toys have been sold in, but also Britain, Canada & Mexico. Mattel has now decided to test various other products which have come from China to make sure that they don’t have any hazardous property. This anomaly could well be termed as the side-effects of cost savings. There is no dearth of toys in the US which are ‘Made in China’, as China provides the desired cost savings for toy companies. However, the ripple effects of the undesired recall have reached China. Many Chinese labourers are losing their jobs, as the recall has hit the Chinese labour intensive toy industry hard.

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Source : IIPM Editorial, 2007

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

For More IIPM Info, Visit Below....
IIPM Economy Review
ARINDAM CHAUDHURI’S 4 REASONS WHY YOU SHOULD CHOOS...IIPM :- Cicero's Challenge is going global
The Indian Institute of Planning and Management (I...
After CDMA, will nokia miss the 3G bus ?
Time for Awards at IIPM
STUDENTS AGAINST CORRUPTION & KICKBACKS : SACK
HRIC :- Human Resource Intelligence Cell
Heavy dut(t)y stress Sanjay Dutt Bollywood Actor
The Business of B-School Rankings & The Big Farce
36TH Full Time Programme In Planning & Entrepreneu...

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Aniston’s back with Pitt!

IIPM PUBLICATION

Ok, not with Pitt but with Pitt’s look-a-like! Ever since her breakup with Vince Vaughan last year, Jennifer Aniston has taken her own sweet time to get back into the game. So, after a long lull when Jen was spotted spending a memorable Memorial Day weekend with a hunk, everyone got up & took notice. Later, she was even seen having a romantic three-hour long candlelit dinner with the handsome Mr. Mysterious who had an uncanny resemblance to her ex-husband Brad Pitt! It didn’t take long for Jennifer’s new hottie to be identified, who turned out to be the 36-year old British model, Paul Sculfor. And from what we hear, Sculfor is a thorough gentleman who really knows how to make women feel special. Looks like the beginning of really nice times for Jen...

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Source : IIPM Editorial, 2007

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

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! About IIPM ! IIPM Programmes ! IIPM Placement ! IIPM Alumni ! IIPM Alliances ! IIPM Ranking ! The Indian Institute of Planning and Management (IIPM) ! IIPM: The Indian Institute of Planning and Management !

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
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Lack of major discoveries have resulted in stagnating growth

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Corporate India should be rejoicing that policy makers are doing so much for oil security. Or should they? Are these steps interlinked parts of an integrated strategy? Or are these ad hoc, piece meal efforts for which policy makers in India have acquired a degree of notoriety?

There is a need to develop a coherent policy for India’s long term energy security. Oil becomes important and controversial because India doesn’t produce enough of it and has to rely on imports. India did not have a typical oil crisis either during the oil shocks of 1973 and 1979, or during the Iraq-Kuwait conflict in 1990-91. Because of the existence of the price control regime, the corollary of the crisis, namely availability of dollars to pay for oil imports, has been more troubling than probably internal fluctuations in demand of oil. Yet, when one extrapolates the demand for oil imports that would be required to sustain India on a high growth path, the figures look staggering. If the current rates of growth are sustained, the demand for oil imports by 2020 would have gone up to about 250 million tonnes. Assuming a price of $40 per barrel, the country’s import bill could be around $100 billion. At $60 a barrel, the figure would be $150 billion.

This is presuming that West Asia remains stable and the oil supplies from there are not disrupted. According to Al Ahji, senior advisor, OPEC, even though these high prices cannot be sustained, the best way out for India is to become a stakeholder in oil exploration projects in countries that have the reserves. If OVL is already doing that in Vietnam, Sudan, Algeria and Iran, various other public sector oil companies have been figuring out ways of tying up with upstream oil suppliers in exporting countries to secure long term supplies. Yet, there still appears to be no coherent long term vision at the top. One day, one hears about an LNG pipeline from Oman to India running through the Arabian Sea. The next, one hears about a pipeline from Iran to India running through Pakistan. Yet another day, one further hears of oil and gas pipelines snaking their way from Central Asia through Afghanistan and Pakistan to India. Oil industry analysts have been hearing about these schemes for the last 15 years. The truth is: not a single project has taken off so far.

According to analysts, even if there were peace with Pakistan in the long run, it will be virtually a decade before a pipeline driven system of oil and gas supplies through Central and West Asia can be set up. There are analysts who see India’s ventures in countries like Sudan and Algeria being on shaky ground. According to political and strategic analyst Saeed Naqvi, “USA has a nasty habit of mentoring civil war like situations in countries that are hostile to US oil firms”. Can Manmohan Singh clear the air on this during his Washington visit?

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Source : IIPM Editorial, 2007

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

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! Management School ! IIPM Delhi ! IIPM.com ! IIPM Top MBA Institute ! IIPM Faculty !

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
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The end of the begin

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The Reliance mystique is finally dead! Long live the Ambani legacy...

Things were far easier - and bloodier - for inheritors when Emperor Ashoka had to battle his brothers for his father’s legacy and control of the Mauryan Empire. Two thousand odd years later, when Aurangzeb indulged in a bit of fratricide to control the Mughal Empire, brothers in arms were still brothers armed to kill each other. At least Mukesh and Anil Ambani will not suffer the fate of the forgotten brothers of Ashoka and Aurangzeb. Rather than being put to the sword, both brothers will get a chance to test their gladiatorial skills in the arena that matters the most in the 21st century: the market place.

In many ways, the manner in which the media is writing about the split in the Dhirubhai Ambani Empire is reminiscent of history repeating itself. For the last twenty years, every year or so, the media has been writing off the first generation Reliance empire. Every time, the late Dhirubhai Ambani has risen Phoenix like from mythical ashes of corporate doom. For media Cassandras writing the epitaph of the Ambani Empire, the brothers Mukesh and Anil might just spring surprises.

To be sure, the split has killed the natural synergies that the two could exploit; to be sure, bad blood between the two might signal the end of their invincibility when it comes to ‘managing the environment’. Besides, the brothers have been transformed from being partners to rivals. And in the Ambani lexicon, rivals are not tolerated but actually stamped down and exterminated.

Yet, pundits fail to see the silver lining behind these clouds. There is little doubt that both the siblings will be fired up with a passion to prove that they are the true and only inheritors of Dhirubhai’s entrepreneurial and wealth creating legacy. Both will give their all to race ahead of the other, just to prove a point if nothing else. If the brothers manage to curb their aggressive managers from cutting corners and dancing on the fringes of illegality (See related story on Reliance Infocomm), it is even possible for the two to acquire the ‘Bramhinical’ respectability that has eluded them till recently. So powerful has been Reliance’s clout till now, that the Ambanis have simply swept aside those who raised their eyebrows 20, 15 and 10 years ago. Yet, if ostensible corporate perceptions were to be personified, the divided Ambani family, like the current Australian cricket team on a tour of England, no longer projects that aura of invincibility.

At the moment, the elder brother Mukesh seems to hold all the cards (See Chart). But Anil has snagged the ‘sunrise sector’ businesses. Mukesh is now the undisputed king of backward and forward integration. From oil and gas, he controls the petroleum, petrochemicals, intermediates, polyester yarn and textiles.

But he will obviously miss Reliance Infocomm, the ‘baby’ that he nurtured with verve to fulfil Dhirubhai’s infrastructure ambitions. He might also miss Anil’s ‘famed’ finance skills when he invests in new projects. Anil, will of course badly miss the Reliance Industries umbrella as he battles competitors ranging from Ratan Tata to Sunil Bharati Mittal to recreate the Ambani magic.

It would actually be churlish to confidently forecast where the Ambani brothers and their respective empires would be 20 years down the road. But there is one thing that even failed astrologers can predict with complete confidence: the real drama and action related to the Ambani saga has just begun!

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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 Rank India ! IIPM Education ! Best B-School ! Management School !

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

• Hindustan Times Article - Publisher goes underground
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Smooth ride ahead?!?

IIPM PUBLICATION

After discussing issues and the trade-offs involved, the officials invited us over to Apollo tyres’ manufacturing facility in Baroda – considered the best in S-E Asia. And the next morning we landed at Ahmedabad, and then travelled another 130 km by road which brought us to Limda village in Baroda. All fatigue was lost in our excitement to experience the whole production process or in other words, ‘simply getting inside’ the largest tyre manufacturing facility in the whole of S-E Asia! And believe you us, what we saw before us was more than what we could have traded for – the massive area of 129 acres with a green stretch of 160,000 square metres which led to the manufacturing set-up and then finally a colourful garden (as beautiful as the one in the Gurgaon office) was something out of the ordinary! And to believe that such floral grandeur preceded the entrance to a tyre-making company plants; well, we’re atleast glad that environmentalists would not crack down on Apollo, judging by its serious concern for the environment!

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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 : The Indian Institute of Planning and Management
IIPM is a best b-school. It is a business school of management. It's full name is The Indian Institute of Planning and Management. ...

IIPM: The Indian Institute of Planning and Management
IIPM's Full time & Integrated programs in National Economic Planning and Entrepreneurship are in a different league. Students are exposed to case studies ...

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IIPM is a Best B-School. It is a institute of business management. Its full name is The Indian Institute of Planning and Management. ...

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In terms of infrastructure, campus and technology support, IIPM is rated amongst the top institutes of the country. IIPM’s academic campuses in Asia are ...IIPM PUBLICATION: IIPM : Campus Placements IIPM students are winners all the way..." {Source: The Times of India, June 2002} "...the icing on the cake has proved to be the 100% placements of the ...

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And the IIPM, which was founded as recently as 1973, now claims to be the world’s largest business school, with 5000 postgraduate management students in ...

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All students who undertake IIPM’s Entrepreneurship Programme receive an additional International MBA/BBA Degree from INTERNATIONAL MANAGEMENT INSTITUTE ...

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IIPM: Established in 1973; IIPM offers courses in Planning and Entrepreneurship, leading to Bachelor of Business Administration (BBA) and Master of Business ...

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

• Hindustan Times Article - Publisher goes underground
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The bank will strive to make a seamless transition from the old identity to the new by end of 2007...

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Moreover, interest rates have been continuously raised twice by the central bank since December by 25 basis points each time, making the environment volatile for investors. And as exchange rates (fluctuating between Rs.40 & Rs.41) seem more volatile, risk management has become a core activity. The opportunity is expected to greatly accentuate with the sector being opened up for global players in 2009. The opening up of the Indian banking sector should act as a catalyst for action and usher in transformational phase of organic & inorganic growth.

The dynamics of rural India are also changing; with the economy surging (growing by 9.4%), agricultural income is on the rise. The market, once a forte of public sector banks, has huge potential not only for micro credit companies, but also for credit to SMEs & commercial banking. UTI can’t afford to be a mere spectator to these changing paradigms.

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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.

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

IIPM PUBLICATION

Without 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.

• Hindustan Times Article - Publisher goes underground
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Beyond those cement walls

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...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 a 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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Europe’s second chance in the Balkans

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For at 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"
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Topic: India – China: A Growth Comparison
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
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The next Dodo

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Elephants would soon extinct

The world 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

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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
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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

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

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The Gate to Jobs is a matter of friendship!

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A line in one of the Beatles song, “You and I have memories longer than the road that stretches out ahead,” is a favourite with one of them and that is how he describes his relationship with the other. They were the youngest when they entered the industry and they are the oldest barons of the same. The two tech titans, Bill Gates and Steve Jobs were in conversation at the D5 conference near San Diego held last month. This rare appearance of the Microsoft Chairman and Apple CEO together made waves and hit headlines everywhere. In the friendly banter, Jobs credited Gates with building the first huge soft ware company in the industry and that too at a time when nobody knew what exactly soft ware was. Complimenting Jobs, Gates went on to say that Jobs has the phenomenal quality of figuring out where the next industry movement would be. Both of them shared similar thoughts on present technology landscape, that of it being, one of the greatest period of invention. While Gates’ prediction for newer devices is that in the times to come there will be ‘A tablet and then another smaller one that you can carry around in your pocket’, Jobs is confident of the PC continuing to remain.

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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.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Hurricane Katrina

IIPM PUBLICATION

A trail of death and destruction left the city of New Orleans ‘shaken and stirred’, in what has been described as one of the most destructive forces to have ever hit the United States. With every flood prevention and safety system failing in Katrina’s path, the city of New Orleans nearly perished.

The increase in intensity of hurricanes is being linked to global warming. Consistently rising sea temperatures coupled with cool and moist climate and mild winds are all the ingredients to stir up, well, more than just a storm. Researchers have found a surge in sea surface temperatures in recent years and gather that the frequency of formation of hurricanes and their intensity is on the rise due to this change. Plans for monitoring the behaviour of hurricanes and sea temperatures have already been put into action in an effort to conjure-up any possible remedy to prevent or at least be prepared for future occurrences.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Are investments in eco-asset classes really as electrifyingly promising as they’re made out to be? Uhh, yes...

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Going green sounds awesome; but can you make money out of it!?! Well, if you honestly feel bugged by the large and ever increasing hole in the ozone layer hanging over your head (!); if you really worry that a melting Arctic could flood your kitchen (!!); if you feel convinced that former US Vice-President Al Gore, the presenter of the mindboggling environment documentary An Inconvenient Truth (which documents how global warming is destroying the world) is not wasting his own and the world’s time and doesn’t need a new way to earn his living; then believe us, there’s a jackpot to be cracked while the Earth gets painted green!

Well, to make the job easy for those who are in a state of unconditional rumination against the fact that there’s money to be earned in the whole greening process, the world is already making billions out of it. First of all, a look at the most ancient tool of investment in global warming – carbon credits (see National Finance story ‘If you have it, flaunt it’ for description) – shows that the value of the carbon credit market reached a jaw-dropping $21.5 billion for the first three quarters of 2006 (till October), dwarfing $11.5 billion for the whole of the previous year.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

The Axe affect....

IIPM PUBLICATION

Sawing off the supporting branch

It is said that if there is one community that knows how to convert a ‘boon’ in to a ‘bane’, it is the Africans. Take a look and you shall find that almost each and every nation south of Sahara has been blessed with abundance of natural resources. Nevertheless it’s nothing short of an irony that almost all of them (barring a few around Cape of Good Hope) have been ravaged by one or other politicoethnic problems. Liberia and Ivory Coast possess generous deposits of diamonds but still, substantial portion of population in both the countries is malnourished. The same goes for Malta, Zimbabwe and Uganda. In the north, Nigeria displays the classic example of how to destroy one’s own environment. In a famous incident in early 90s, tensions arose between the natives of the Niger Delta and Shell over environmental damages caused by Shell's practices. Dan Chandler, spokesman of CUSU Green (Cambridge University Students’ Union working for environment and social justice), told B&E, “The government does not bother as it is busy pocketing dollars. The people who suffer are the one who were dependent on the delta for their livelihood.”

Nigeria is not a lone case. One can find similar problem across Africa. The power conflict and the blatant disrespect for environmental concerns are only making the situation worse. And if that was not enough, the latest report by IUCN (The World Conservation Union) on climate change in Africa has brought more bad news. The report suggests that the severity of current impacts (many communities have lost almost all their crops this year due to climate hazards, and, currently, there are high levels of hunger, malnutrition and diseases) will only increase if concrete steps are not taken. Its high time Africa sits and ponders upon how to stop fighting & preserve natural heritage.

B&E edit bureau: Saurabh Kumar

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

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

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)