Thiagarajan has to his credit an innovative business model which offers full business class services at a fare which is lower than the economy class and has brought worldwide recognition to it. The ‘Young Visionary Award’ awarded to Thiagarajan by Public
Relations Council of India (PRCI) in March 2007 added another feather to his cap. This youngest CEO, an innovator of a unique business model, is also proud owner of five New Generation Embraer 170/190 Family Series Aircraft. Paramount Airways is the only airline in the country to possess the Brazilian Embraer and is all set to book 40 more Embraer jets over the next three years. One of the few profitable airlines in the country, Paramount now plans to have a nation- wide presence, after ruling the southern skies. With two low cost airlines in his clutch, guess the task will not be very difficult for this passionate and high-flying CEO.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
Relations Council of India (PRCI) in March 2007 added another feather to his cap. This youngest CEO, an innovator of a unique business model, is also proud owner of five New Generation Embraer 170/190 Family Series Aircraft. Paramount Airways is the only airline in the country to possess the Brazilian Embraer and is all set to book 40 more Embraer jets over the next three years. One of the few profitable airlines in the country, Paramount now plans to have a nation- wide presence, after ruling the southern skies. With two low cost airlines in his clutch, guess the task will not be very difficult for this passionate and high-flying CEO.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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the younger eastern European countries like Ukraine & Poland are fighting to host the next European Cup if not the World Cup. Consider this: in the 1994 FIFA World Cup, Los Angeles alone netted $623 million from just eight games, followed by New York ($452 million), San Francisco ($338 million) & Boston ($255 million). While South Korea & Japan netted $1.2 billion through ticket sales only, in 2002 World Cup. In 2006 World Cup, it contributed 5% to GDP of Germany. Hope Soccer would someday in this manner will be able to replace the small arms & hatred throughout the world in the same manner in which it has been able to restore pride among the Blacks of this world.
decided to invest to the tune of $500 million in its Argentina and Brazil plants. The aim is to develop new generation smaller cars in order to capture Latin American as well as other emerging markets. Investments at the Argentine plant in Rosario will mainly be for product upgradations. The Brazilian plant at Sao Caetano do Sul will have investment for product upgradation, development of new equipment & infrastructures. As per GM chairman Rick Wagoner, improved economic environment in Argentina and Brazil will help GM to proceed with its next phase of investments to support the company’s continued growth around the global markets.