Diya stand, 110,200 INR

What’re our festivals without oil diyas? Amost like a starless, moonless night, isn’t it? Keeping both, tradition and trend in mind, this Titanic diya stand has been designed in accordance with the Jain sculptures and can hold over 100 lamps together and exudes richness with it’s brass and copper body. So here’s celebrating in some style!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

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The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

Art is the expression of freedom

Kumartuli today stands in stark contrast to those halcyon days. As the profession prospered, more and more artists floated in along with their families. The influx meant the already narrow lanes got narrower. The narrowness of the filthy lanes, lack of light and fresh air seemingly confi ned the artists severely. Bhabesh Ranjan Pal, member of Kumar- tuli Mrit Shilpi Samiti, laments, “Art is an expression of freedom. Here, mental freedom goes hand in hand with physical freedom. Just look around, do you think artists can express themselves in this chaotic place?” For long, the potters’ unions and government have been arguing on the relocation of these artists. Mintu Pal, Joint secretary, Kumartuli Mrit Shilpa Sanskriti Samiti (KMSSS), says, “Government always says they’re trying. God only knows what they are up to!” Conversely, local municipality officials blame rivalry between two major idol-makers’ unions as the biggest hurdle for the development initiative. The current conflicts definitely seem to be torpedoing the business of the artists, “Customers keep reading that we will be shift ed and have started to place orders locally. Business was poor during Saraswati Puja this year,” says Babu Pal, Secretary of KMSSS.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Read More:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

While emerging East Asia as a whole has reduced its fiscal deficit from almost 2.5% in 2001 to just above 1% in 2006, the other Emerging Asia as a whole has seen a significant dip in deficits by almost 5%.Moreover, towering Forex reserves of major Asian economies provide them with the much needed cushion against currency depreciation, which the Asian economies lacked during the Asian Financial Crisis years. Finally, the buoyancy of growth and robust consumer demand might off set any hardship to a large extent. As Ping Chew, Credit Analyst, Standard & Poor’s, explains, “Asian economies have improved their banking systems, reined in fiscal deficits, brought down external debts, built up foreign exchange reserves, and improved their current account balances.” The fact is that the Asia that we see today is fundamentally better armoured than the one in the late 90s. And one hopes it remains that way, unless of course, our brilliant regulators wake up!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Read More:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

Based on past experiences

Ebony Retail is equally bullish on the prospects, based on past experiences. “We will be coming out for the first time with promotional campaigns exclusively for the festival season and there will be free gift s also as I believe these are a must to attract consumers. Last year, we have seen a jump in turnover by 15% in September to November period and this year also we have targeted 20%,” Lalit Kumar, CEO, Ebony Holdings Ltd. In the same league, Reliance Mart, which has just debuted recently, is busy chalking out some of its own promotional plans. “All our stores will definitely have promotional activities and we will be bringing in more and more brands as well. We will also come out with campaigns for various festivals,” affirms Manu Kapoor, spokesperson for Reliance Retail Ltd.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Read More:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

Exclusive brand outlets

Other prêt-a-porter players like Madhura Garments, Indus Clothing & Cottons by Century are not sitting quietly either and are smarting up their act this season. States Mahendra Padhy, Head – Marketing, Cottons by Century, “Apart from opening exclusive brand outlets, we’re also tying up with multi-brand outlets,for we don’t want to miss out the opportunities offered by the festival market.” Festivities lose their charm without the star power. So roping in celebrities like Shahrukh Khan and Salman Khan is like the icing on the cake for S. Kumars and Rajasthan Spinning & Weaving Mills (of Mayur fame) respectively, as new advertisements will be rolled out with these stars this festival season.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Read More:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

The spirit of giving abounds!

What goes around, comes around, they all say. Truly, the tradition of gifting in festival season is ageless

Festivals may be a harbinger of delight for every sector in the Indian economy, yet they undoubtedly unleash a virtual cornucopia of mirth for players that thrive on the waves of joyous consumption and gift -exchanges, which practically engulf everyone during the celebratory jamboree. Come September and it’s party time for not just those ubiquitous confectionary, snack foods and soft drink majors, but even for jewellery companies, watch makers, greeting card and gift manufacturers, branded clothing and accessory players… phew! The list is virtually endless, all of them vying to add that extra chic to your lifestyle. An AC Nielsen report confirms an upsurge in FMCG sales during October to December every year, adding oodles to the bottom lines of all players involved.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007


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

Also Read:-
The Sunday Indian - Greatest News weekly
IIPM, GURGAON
Maya jaal spreads far & wide!
Another hogwash!
COMMUNALISM
While the mayhem continues!
Billions spent on million light years...
The art of splitting hair?
POTA? Funny!
The army’s fallen behind China
The Man of Steel gets his hands in Oil
HLL ‘Lever’ ages the power of Hindustan

Radio City

Last year, Radio City had tied up with a Delhi based real estate developer to host a contest. The prize for the winner – a two bedroom luxurious apartment. So better be prepared, for a quiz or a game show might lead you to win your dream & permanent property! While speaking to B&E, Raman Sood, Managing Director, Eros Group said, “This festive season we have a two pronged strategy – one, attractive discounts for customers in Kenwood/Brentwood and Royale Retreat and second, a special down payment discount of 21% to the first 50 customers, who apply for space in the Eros Metro Mall. It is estimated that sales will increase by a minimum of 25-30%.” Meanwhile, real estate biggies like DLF, Unitech, & Bengal Ambuja are keeping their offerings under wraps for now. But surely they are cooking some exciting plans this year for the festival season.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Banks are concerned

Banks are concerned that while they have been piling up deposits at high costs, there has been a negligible loan growth in the first five months of 2007-08. A senior Bank of Baroda official commented to B&E, “The bank has to survive in a market which is highly competitive as the home loan demand is elastic. After a series of hikes in 2006- 07, the home loan demand has shown moderation. The rate cut may help to get a better response.” Bank of Baroda has reduced interest rates on home loans by up to 50 basis points to 10-11.50%, especially targeting the coming festival season and expecting the cut to be enough to lure customers. State Bank of India (SBI), the country’s largest lender, too, is considering options for triggering demand for loans, but a review of lending rates is expected some time next month, when the festival season begins. A senior SBI official said, “Banks will have to look at reducing lending rates (for new borrowers) if credit does not pick up till the end of August. We are already five months into the year and advances are more or less fl at, while banks have mobilised huge deposits.”

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Vacancies floating throughout the organisation

With knowledge about the vacancies floating throughout the organisation, employees are free to apply, provided they meet predetermined criteria essential for that vacancy. An employee gauges for himself, whether he has the requisite experience & qualification to do the job. If the candidate feels that he should apply, he can then communicate this intention to his current boss. An internal panel will consider each application through a standard process of selection. Th e advantage with an IJP process is that employees gets the feeling that the organisation wants to provide them with more opportunities & is concerned about their career development. There is little doubt that career development is taken seriously at PVMI. To continuously increase employability of its employees (both within & outside the system) PVMI has adopted the concept of an ‘Incremental Biodata’.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

‘Power Horse’

For the survey on ‘India’s 100 Most Valuable Brands’, a comprehensive survey was conducted wherein virtually every major brand (across segments) in the country was considered and a list of 1057 brands was short listed. The selection was based on the growth, reach, demand and availability of the brand. Conit sumer preferences across five metros of India helped ICMR to take the survey to a final list of 150 brands. This was however not the end of the odyssey as these 150 brands were later analyzed based on the parameters of brand awareness, image & perception, brand loyalty, brand association and brand performance. Responses from over 6000 respondents across 9 cities were taken for the consideration and only then the final list of 100 brands was arrived at. Some of the brands that made to the top were Maruti, ICICI Bank, Reliance Industries, Nokia, Intel, Hero Honda, HP, Kingfisher Airlines and Microsoft , among others. The most coveted award for India’s most valuable brand, went to telecom major Airtel, which in a relatively short span of time, has made itself virtually a household name. The event was sponsored by All Cargo Global Logistics, Yamaha Motor India, Canon, Daikin, ICMR and energy drink ‘Power Horse’.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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