IIPM

Well, with 15 years gone past the year which spelled problems for business families, the tug-of-war seems to be poised...

2006-12-15T12:13:00.000-08:00

However, the zest for fighting in few like the Tatas, AV Birla Group and the Ambanis ensured their survival. And the proactiveness of the little known business families like the Ruias, O.P. Jindal Group and GMR Group saw them rise much faster. Well, with 15 years gone past the year which spelled problems for business families, the tug-of-war seems to be poised slightly favouring the family-owned businesses. While this article was being written, more than half the number of companies in major Indian indices were family controlled. While the 30 scrip benchmark index of Bombay Stock Exchange, Sensex, had 17 family-owned businesses in the list representing 57% of the pie, the 50 scrip NSE Nifty carried 26 of them. And not surprisingly, these family-controlled businesses’ share of the total index activity is quite substantial (almost half). For more information on IIPM Editorial Article, please click here...,

Source: IIPM, 4Ps, B&E

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The Publisher & Editor of Jammag Magazine, Rashmi Bansal could not be traced at her office at Prabhadevi or her residence at Navi Mumbai, for more information please click on the following links:

The ‘mark of a man’ is leaving a distinct mark across the country

2006-12-11T10:21:00.000-08:00

Despite stiff competition from a host of old and new brands in the market, Raymonds, Park Avenue and Color Plus are three brands from this business house that have literally stood the test of time. The group is also inking many joint ventures with international textile companies and fashion houses to script a global expansion plan. A recent one is the Rs. 50 crore joint venture with the Italian fashion house Grotto, to market the well known ‘Gas’ brand of premium apparel in the country through about 600 retail outlets. In the WTO regime, the Indian textile industry is poised to cash in on enormous opportunities are opening up. There are estimates that textile and apparel exports from India could cross $ 20 billion annually in just a few years time. With a seven decade legacy and extremely powerful brands and core competence in the sector, the Mumbai based Singhanias are clearly poised to fly high. Literally and figuratively, the ‘mark of a man’ is leaving a distinct mark across the country!

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Source: IIPM, 4Ps, B&E

Bingeing on Turkish delights?

2006-09-09T09:44:00.000-07:00

Turkey really needs to get its deficits and debts under control else foreign direct investments would be badly hit

Capital from all across the globe has been jostling its way into the land of St. Nicholas. In 2005, Turkey was one of the largest importers of capital, attracting a mind-boggling 1.9% of the total global capital flows. However, this massive influx of capital into Turkey is only a part of the story, as an equally massive capital (hot money) exodus followed. But even after this bedlam, Turkey continues to creditably attract more direct investments. Only a few months back, Turkey was attracting investors from around the globe like bees to honey. It was one of the best performing emerging markets, riding high on the back of Yen carry trade as investors landed up here in search of yield. But suddenly, there was a huge reversal that saw billions of dollars taking flight within a few days, as central banks across the globe went into a tightening mode. Lira, the Turkish currency, was hit hard, falling by as much as 29% in the period between February and June (February 20 – June 23). What has been most promising, is the fact that Turkey has been one of the most attractive FDI destinations, which continues to receive high levels of direct investment.

For complete IIPM Editorial Article, please click here...

Editor: Arindam Chaudhuri

Source: IIPM Publication

Tata Indicom: Do more, live more (IIPM: 4Ps Article)

2006-08-30T00:56:00.000-07:00

BRAND : Tata Indicom

AGENCY : McCann Erickson

BASELINE : Do more, live more

DESCRIPTION : There are shots of people who are going out of their way to disconnect the phone, to save money on their outgoing calls. Any old excuse will do – they just want to hang up. But Tata Indicom promises to change all that, with its Pay 1399, Get 1399 offer... where you get more than you can say!

4Ps TAKE : Yet again, Tata Indicom Truepaid comes up with a winner. Taking forward the Tata Group ‘transparency’ credo of what you see is what you get, this TVC communicates an offer that is hard to beat: Getting full talk time value from your prepaid connection. The ad is funny, slice of life, and juxtaposes everyday situations that we all encounter with the brand-building effort. It’s a happy ad with a lot of smiling faces, which hammers home the brand proposition of ‘live more’ – while you keep talking, that is!

For complete IIPM Editorial Article, please click here...

Source: IIPM Publication, Editor: Arindam Chaudhuri

IIPM Editorial -> Encompassing a motley mash of pleasures...

2006-08-16T00:12:00.000-07:00

Of greatest importance on my agenda was the Great Barrier Reef-the largest coral reef on the planet-measuring 2000 kilometres in length! It’s a spectacle truly out of this world in more ways than one… for this colossus can be seen even from space! “The Reef is a finely-tuned ecosystem of about 900 islands and over 3000 coral reefs lying close to the mainland. This rich biodiversity overshadows the fact that it is the single largest organism in the world, comprising as it does of many millions of tiny organisms!,” was the rat-a-tat prattle from Brendan that left me suitably impressed – both at the marvel of nature that is the Great Barrier Reef and the virtuoso of verbosity that was Brendan! Encompassing a motley mash of pleasures to be perused is the Gold Coast, cradling in its lap diverse delights such as sun baked sands and bushwalking in subtropical rainforests studded with mountain villages exuding an old-world charm. “Purely anecdotal, but speaking of bushwalking, Australia’s most famous bushranger was called Ned Kelly, considered by many a hero for his stoic defiance of authoritarian regimes. There is even a movie based on his life, called The Kelly Gang,” was the titillating tit bit of trivia thrown my way, one which I happened to be suitably aware of already!

For complete IIPM Editorial Article, please click here...

Source: IIPM Publication, Editor: Arindam Chaudhuri

IIPM Editorial : Pocket Watch

2006-06-14T05:03:00.000-07:00

1881, New York: Ingresoll is taking the pocket watch industry by storm. It is offering pocket watches for an astonishing $1 through a New York mail-order. These ‘Dollar Watches’ that are being retailed “as every boy should have one, as soon he can tell time” have unmistakably gone beyond people’s expectations. The watch, which was invented as the Numberg egg by Peter Henlein in 1505, has till now remained the privilege of the rich and famous. The recent model, though unlike its predecessors, will not have any jewels to decorate but it shall allow the makers to mass produce the timepiece. Robert & Charles Ingersoll insist that no gentleman can be denied the prestige that comes from owning a watch and, therefore, foretell an unprecedented success.

For complete IIPM Publication Article, please click here...

Source: IIPM Editorial

Nissan to zoom down Indian roads (IIPM Publication)

2006-05-22T23:37:00.000-07:00

Japan’s third largest car maker Nissan unveiled its plans of setting up a manufacturing or assembly plant for cars in India. The total investment would be to the tune of $840 million. Nissan is already selling premium SUV X-Trail in India, which it imports as a completely built unit (CBU). The company is reportedly planning to manufacture a 1300cc car, positioned in B+ segment. Market analysts suggest that this particular segment has the largest growth potential in the Indian car market – the hotselling Maruti Swift and Hyundai Getz are also positioned here. Much of the production is likely to be exported. Major Nissan stock holder, Renault SA, is already present in India through various collaborations with indigenous manufacturers like Mahindra & Mahindra.

For complete IIPM Editorial Article, please click here...

Source: Publication, IIPM

The UK Plant Closure (IIPM Publication)

2006-05-09T11:21:00.000-07:00

The UK plant closure is a case to point. In 2004, the UK government had offered a £14 million pound grant to PSA to support the plant. This grant was strangely refused outright by PSA. Now, distance from suppliers in eastern Europe is alleged by PSA to be the cause of unbearable logistical costs for its UK plant. British unions have protested saying the plant is in reality profitable. The UK unions have some weight in their argument as the 206 model will continue to get produced in France – because of French government’s exit policies and presence of extremely tough unions – even though similar cost disadvantages exist even there. According to Herald Hendrikse, auto analyst, Credit Suisse, “The PSA decision...suggests something about the UK political landscape; the suggestion of unions being less powerful in UK seems the correct conclusion”.

For complete IIPM Editorial Article, Please click here...

Source: IIPM Publication

China has no business making steel...

2006-04-24T00:51:00.000-07:00

The world steel consumption, during the same period, is likely to rise by 3% only. In such a scenario, the global steel capacity will far exceed the demand. Thus, the expected overcapacity, apart from factors like new capacity expansion plans and crippled conditions of the raw material markets would further aggravate the injuries of the global steel sector. Another factor that would add to the problem is the dominance of China. Muthuraman is famous with his thunderous media comment, “China has no business making steel; we can beat the hell out of the Chinese.” Great words, but without basis. With a steel production of 39.1 metric million tonnes (mmt) per year, India lags far behind China (just 11.22% of China’s steel production in 2005). Clearly, overcapacity of steel would lead prices to fall to bare minimal levels. Where almost all major Chinese companies have the Chinese government as majority stockholders (see Scrutiny B&E issue dated March 24, 2006) – thus allowing them the financial where with all to survive price pressures – the majority of Indian private steel companies, including Tata Steel, would just capitulate.

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Source: Business&Economy, IIPM

Environmental catastrophe...

2006-04-18T22:22:00.000-07:00

In our time, Bush administration hostility to scientific inquiry puts the world at risk. Environmental catastrophe, whether you think the world has been developing only since genesis or for eons, is far too serious to ignore. Read More...

Source: IIPM - Business & Economy

Prisoners – 75% of whom are under trials

2006-04-04T05:05:00.000-07:00

Across India, while the number of prisoners increased by 11,300 to 336,152 between December 2002 and June 2004, the capacity of jails was increased merely by 3155 to 237,617 – a gap of 98,535. Inexperienced and insufficient staff have compounded the intense human misery of prisoners – 75% of whom are only under trials. Their conditions are appalling, dehumanising and violate even fundamental human rights. Prisons are still beleaguered by the archaic Prisons Act 1894 and Prisoners Act 1900. Most of the recommendations made by the apex judiciary have conveniently remained far from implementation.

Angela Markel projected herself as the Margaret Thatcher of Germany

2006-03-31T23:19:00.000-08:00

Both the coalitions had fought an acrimonious ideological battle during the elections organised in September 2005. Angela Markel projected herself as the Margaret Thatcher of Germany and asked voters to elect a government that will minimise the government’s role in the country’s affairs. Markel and the Christian Democrats were also far more inclined to lean towards America in foreign policy matters. Schroeder, on the other hand, represents old Europe where the State continues to play a key role and a welfare state is taken for granted. Though Markel’s Christian Democrats had a huge lead in opinion polls before the election, Schroeder staged a remarkable comeback and ensured Markel failed to win a landslide the way Margaret Thatcher had done in Britain in 1979. Read More on IIPM Publication...

Source: IIPM - Business & Economy

Tusker Torment

2006-03-23T03:10:00.000-08:00

Tradition and its totem, staring in to the face of death
In the north-east town of Surin in Thailand on the third Saturday of November it’s time again for the annual Elephant festival. Showcasing the extraordinary skill of more than 200 majestic Asian elephants of Thailand, the festival has come to be a cherished tradition in the Buddhist empire, with the Tourism Authority of Thailand promoting it religiously for the last few decades.

Source: IIPM - Business & Economy

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