People Movements
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• To drive the growth of its financial services, Aditya Birla Group has appointed Ajay Srinivasan as Chief 
Executive (financial services) and Director (corporate strategy and business development). Prior to this, Srinivasan was CEO – Fund Management at Prudential Corp. Asia. Air Deccan has appointed Nick White as its Deputy COO – Technical.
•In the media world, Pankaj Paul has moved to The Hindustan Times as the Managing Editor. Shankar Rao Shinde has been promoted to the post of Group Brand Head of The Indian Express. Zee TV’s Programming Head, Ashwini Yardi has joined Viacom-18 as Head of Content & Creative. Also, Sandip Sikand, Chief Creative Officer of Sony Entertainment Television, has called it quits with the channel.
•Raju Santhanam has put in his papers as Zee News Editor after working for a little over a month there. Neville Bastawalla has been appointed as Marketing Head at Mid-Day.•The advertising world is as usual bustling with movements with Pratap Suthan bidding goodbye to Grey Worldwide as the National CD. OgilvyOne has roped in Mihir Unakar has Business Director, Bangalore and Harshad Hardikar as Business Director, Mumbai. Also Kunal Jamuar has joined Media Direction as VP – West, South and East.
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Source : IIPM Editorial, 2008An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative For More IIPM Info, Visit Below....
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Unlike the emotional garbage that we are witnessing in India, policy makers and strategists in other major powers are actually praying that India becomes another big player in a multi polar world where the United States can no longer dictate terms to all and sundry and behave like a school bully as and when its wants to. “Russia and France are countries who are very keen to ensure that the world is multipolar and not dominated by the US. They are keen on India completing this process and becoming a part of the wider nonproliferation regime and play the role of a balancer of power in Asia and the world. If these moves were only about India and the US, why should Russia and France be so interested in India concluding IAEA safeguards agreement and obtaining the NSG waiver,” says well known strategic affairs writer and commentator K. Subrahmanyam. Without any doubt, the events of the past few years (particularly the insane invasion and destruction of Iraq by the United States) have compelled major nations like Russia, France and Germany to think of ways and means of stopping America from behaving like a bull in a China shop. For them, China is as much of a strategic menace that the United States currently is. For them, India is a natural player that can act as a‘balancing power’.
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Though executives at
Intel India were very buoyant about the technologies adopted by them and their future prospects, all the departments have an underlined theme of internal competition. The basic idea is which department will be the one to give the next big blockbuster contribution to Intel’s global portfolio with a revolutionary technology. As Sandeep Shah, Director of Mobility Group reveals to B&E, “There are such mission critical products out here, we want to continue the stuff we’re giving out to Intel global as it takes just one bad product to spoil it all.” Rahul Bedi puts up India’s case, arguing that few companies today have each of their business units at one location, which makes Intel India a microcosm of Intel global. He states, “We’re the largest technology company in the world, which works on extremely complex technologies, and a very large part of the complex base is developed from India. And one thing that Intel believes in is scale. Anything we do, we do it if it scales.”
Intel India has also engaged deeply into CSR. “Our primary focus of the program has and continues to be the next billion users and what we realised is that the next billion users are quite different from the first billion users,” says Rahul. Intel had launched its World Ahead Program to facilitate education initiatives all around the world. Barrett says, “Through the World Ahead Program, we remain focused on accelerating access to technology, improving education & increasing Internet connectivity.” The company also launched its rugged Classmate PC for emerging markets to promote education amongst children. Asked about Intel India’s goal for the next five years and Rahul expertly clubs the social initiatives to the corporate goals, “We have to make more and more technologically innovative products through R&D. Also, do all these things in a socially relevant manner. In the long haul, the socially relevant products derisk the business… We don’t write cheques (only). We give help in a sustainable way.” To this Sandeep adds, “We see double digit growth in India, that’s where we see the need for our presence here and make products specifically for this market.” Another common belief that runs across Intel India is that it’s not the number, but the quality of people which ultimately build a great organisation.Then there is the larger battle between the different Intel country units. Praveen elaborates how the India team has to give Intel a new innovation, just like the team at Israel gave them the dual core technology after 25 odd years. While the Indian market will be firmly on Intel’s radar no matter what, the Intel India centre faces this stiff challenge of providing a new technology on its own to the parent company, which, officials say, would be possible in another 3-4 years. Surely this ‘microcosm’ of Intel global would not want to be missing out on that target set by the parent company, which could give you an inkling of the hidden chaos that would exist behind the uneasy calm we had come across when we first entered the Intel India office that morning. It’s survival of the fittest as always, and the India team would always want to keep that in mind.
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Courtney to quit courting cigarettes!
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Some 
things you love just aren’t good for you, that’s why Courtney’s been told to quit her long-time habit of smoking. Apparently, after the doc discovered nodules in her throat, the 42-year-old singer was told she would have to give up singing if she continued to smoke. Along with saying good bye to cigarettes, Courtney’s also preparing to kiss away her ‘slim phase’, for she’s already expecting to gain excess baggage once she quits. Don’t worry Love, you’ll Live Through This. 
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Turm Oil
is the bigger nightmare that confronts George Bush, Manmohan Singh and Tony Blair? Is it the cascading wave of terror, with London added to the gory books of death? Or is it the spectre of oil shortages bringing the engine of economic growth to a grinding halt? The truth is: energy security and terror have become inextricably enmeshed with each other As Blair and Bush fi ght the demons of terror, Manmohan Singh needs to keep an eye on a deal that is rocking Washington: China under Hu Jintao has just upped the ante in the Great Game. China National Oil has made a $18.5 billion ‘hostile’ bid to take over Texas based Unocal; $2 billion more than what American oil giant Chevron wants to pay. Predictably, this has set the cat among the pigeons in Washington, with far right lobbies spewing venom at China’s ‘cheek’ and perfidy.
Can Singh convince Washington to let ONGC make a counter offer for Unocal that could derail the Chinese takeover bid? That premise might be fantasy; but it underscores the urgent need for India to secure its future energy security. In 2004- 05, India paid almost $20 billion more for oil imports than it did the previous year. That money could have been used to build 20,000 km of highways across India. It could have added a badly needed 20,000 megawatt of capacity to India’s power-starved sectors. In terms of sheer cash, the additional money could have meant Rs.7,000 to every Indian living below the poverty line. But that money may never come as oil prices breach the $60 a barrel barrier, ensuring that India’s dollar haemorrhage of oil imports will worsen this year, and in the years to come.For Complete IIPM Article, Click on IIPM Article
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When degrees fail to fetch jobs!
somehow manage to build a strong core, the paucity of quality support staff is surely hampering their progress. The SMEs are preferred hunting grounds for their manpower requirements. While speaking to B&E, CEO of Infotech, Ankur Lal confesses the problem on somber note, “SMEs will have to really distinguish themselves from large companies. They will have to provide extra challenges and good monetary incentives to their professionals. It is also imperative to encourage them to attain higher competency level in domain skills.” However, to develop higher competency in domain skills requires staying in the company for a reasonable period of time. But the kind of frenzy that has been primarily created by shortfall in quality talent pool has spurred the mobility of professionals. Insuch a scenario it is becoming increasingly difficult to develop domain competency. So, this model is not going to work in the longer run. For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative For More IIPM Article, Visit Below....
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DLF is the new buzz word!
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Suddenly, DLF seems to be the epicentre of all corporate activities in India. The real estate behemoth has entered 
into an agreement for floating a joint venture with Fortis Healthcare to set up hospitals all across India. Shivinder Mohan Singh, Managing Director of Fortis Healthcare has intimated that they would have the majority stake (74%) in the venture and the rest of the pie would remain with DLF. The agreement would mark DLF’s expedition in the healthcare segment. It has also tied up with USbased Prudential Insurance to sell life insurance products. All these plans come ahead of the historical IPO of the company which is all set to hit the Indian market on June 11, 2007.
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Asbestos: The breath of death
after a lot of harm had been done by this group of minerals with magnesium silicate fibres called asbestos, did medical practitioners realise that working around this mineral and inhalation of its fibres can cause acute diseases and disorders. These invisible fibres are airborne and low levels of it are present in the environment all the time. A press release by World Health Organization (WHO) in late April 2007 estimates that around 90,000 persons die annually because of asbestos. Shockingly, the impact of asbestos inhaled now, shows up years later. The 
Supreme Court of India is contemplating dismantling the Blue Lady’ – a Norwegian ship that contains a large amount of asbestos in a ship-breaking yard in Bhavnagar, Gujarat. The court has been facing pressure from the villagers and the environmentalists, who contend that such an act of toxic disposal will impact the 12 villages located near the yard, leading to wide scale suffering and serious hazardous consequences. This fear isn’t fictional. Asbestos can cause breathing problems, fatigue, heart problems in extreme situations, but the most common symptom is constant coughing for which there isn’t a permanent cure.
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only big spender in the United States sits in Washington: President George Bush needs another $800 billion for the mess in Iraq which will assure that the USA will be saddled with public debt in excess of $10 trillion once he leaves office in 2008 (The US Congress approved a multi-billion dollar Iraq war budget on May 24, after bowing to US President George W. Bush’s demands). Big government keeps growing bigger and at last count in April a quarter of all new jobs came from the government, leaving taxpayers with higher bills in the future. A jump across the big pond to Europa lands one in economic mud these days. The official GDP growth rate in the European Union declined from 3.5% to an annual rate of 3.1% in early 2007, with quarterly figures confirming a continuing downtrend and an unchanged unemployment rate.
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The modern age vending machine
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That’s 
what the “Internet” is being called today. A select-and-send is all you need to do to buy things today. The whole music industry is changing. The internet has made music available at the click of a mouse. Youngsters are hardly buying CDs and music cassettes – it’s all there on the internet now.
The favourite shopping destination seems to be fast becoming the internet. No wonder Air Deccan decided to tie-up with Reliance Webworld to make air-tickets more accessible. Now, all you need to do is log on to the website, buy a ticket online, take a printout and fly. According to Sachin Bhatia, Co-Founder and Chief Marketing Officer, Makemytrip.com, approximately 10,000 air tickets for domestic travel are being sold online every day!
Not just plane tickets, movie tickets are also available online. Log on to the PVR website, choose your movie, your show timing and even where you want to sit!
Banks are using the internet to increase both their business and customer satisfaction. Day or night, you can get your queries answered, you can check your account and do a whole lot of other transactions – all thanks to the net. The customer is looking for convenience and instant gratification and if companies can work out innovative and unique strategies to make their product reach out and be visible to the consumer, their sales are bound to increase.
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Just as
long drawn economic reforms are beginning to materialise, the country is becoming more open to the world. Today, Hungary is quite liberal towards trade, investments and also bilateral relations. And this throws open a galore of opportunities. It’s time for India to brush up its past relations and cash in on the investment vistas that the ‘Pearl of the Danube’ has to offer...The legendary Hungarian hospitality has over the decades drawn connoisseurs to its heritage of pristine architecture and stunning scenic beauty. With a galore of historical artefacts ranging from ancient Roman ruins to magnifycent churches & palaces, awestruck beholders can feel the rich history flowing in their veins. Even nature has blessed the land with the spas, springs and lakes that justly earns its capital the title of ‘Pearl of the Danube’. But as is the norm with most blessed lands, the balance is drawn when it comes to the economic prosperity of its people. And this country too, after suffering throes of economic hardships is now retaliating with a new fervour under the resilient leadership of Prime Minister Ferenc Gyurcsany. One may give the credit to the premier whose visions have paid off . Now the country seems to be back on the growth trajectory and boasts of openness like never before. Hungary’s accesssion to European Union (EU) will further fuel liberalisation of the economy and open new doors to the world. There’s a lot that the country has to offer and Indian businesses and entrepreneurs should not ignore Hungary’s call.
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....ends up in ‘wool’len wear!
Winter
is here and so are the wool manufacturing & processing companies. And the Ministry of Textiles was not far behind for it noted a significant increase of 7.3% in the production of wool during the first quarter of 2006-07 over the same period last year. And it’s certainly not true that it is just during the previous year that this industry has actually done well, for it has performed much better than most of the sectors in the Indian economy for years now. For instance, during 2004-05, the exports in the woolen textiles grew by 20% compared to the previous year!But then, there are critical challenges for the industry. Dr. S.K. Chaudhari, Regional Director, Woolmark Company (India) observes, “The task at hand is to successfully achieve internationalization and innovation and the industry has to gear up for this challenge.” Another major force needed for the industry to thrive is ‘strategic alliances’ coupled with ‘newer market entries’.
Thankfully, many entities have seen the light of day. Raymond recently announced a 50:50 joint venture with Italy’s leading woollen fabric manufacturer, Lanificio Fedova, which will help strengthen its presence in the shawls and jackets segment. In 2005, leading industry major, Oswal Group (now renamed Malwa Group) came out with its new range of denim coloured ‘Indigo Wool’. Rishi Oswal, MD, Oswal Group says, “We would be targeting markets like Europe and Japan for branching out into the upper echelons of the woollen fabric segment.”
Today, even leading fashion designing schools like NIFT are introducing their students to finer elements of design using wool as a medium to capitalise on the opportunity presented by the elite casual wear segment. And today, despite Italy, Taiwan, Hong Kong and Mauritius collectively accounting for 80% of the world’s total exports in knitwear, India too has displayed great potential, which of course will materialise only with proper initiatives. Only then can the industry be worth its weight in wool...er...gold!
Edit bureau: Preeti Chaturvedi
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