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Die’versifi ed?!? Naah!

22. Oct 2007 01:09, sonu42


IIPM PUBLICATION 

Gone are the days ‘diversified’ meant ‘troubled’. Robust performances by companies operating in the diversified sector points towards a new era of growth coupled with value!

While Die’versifi ed?!? Naah!India Inc. registered yet another year of outstanding growth and profitability, indicating the start of a new chapter of upswing in the economy, the companies operating in diversified sectors too continued to display their robust performances. The year was loaded with mixed trends for different sectors that comprise this so called ‘diversified’ sector. But critically, earlier the choice of empire builders, diversification creates shareholders’ value without compromising on the conceptual focus on growth.

Dominated by the two traditional Indian business conglomerates – the Tatas and the Birlas – the sector displayed a lot of vibrancy during the past fiscal. Be it Grasim and A.B. Nuvo from the stable of Aditya Birla or Tata Chemicals and Voltas from Tata’s kitty, these well diversified companies continued to move up the growth trajectory. On a leading front, Kesoram Industries – a B.K. Birla flagship – posted a phenomenal surge of around 481% in its net profit. Concentrating more on cement and tyres, Kesoram Industries increased its focus on rayon & chemical businesses.

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Source : IIPM Editorial, 2007

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

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Flamboyant Queen of Castes

9. Oct 2007 01:52, sonu42


36TH Full Time Programme In Planning & Entrepreneu... 

Her Vasundhara Rajefollowers, however, claim that she never wears her blue blood on her sleeves & mixes with commoners with as much ease as she does with the elite in a Page 3 party. Fourth child of the Gwalior dynasty in Madhya Pradesh – Maharaj Jiwaji Rao Scindia and Vijaya Raje Scindia – Vasundhara studied at Presentation Convent in Kodaikanal and graduated from Mumbai’s Sofia College in Economics and Political Science. She was married to Hemant Singh, the scion of erstwhile Dhaulpur royalty in Rajasthan, at the age of 19. Within a year, she gave birth to Dushyant and separated from her husband citing “incompatibility”. Yet, she did not leave Dhaulpur. Rather her husband Hemant shifted to Dhaulpur House in Delhi. Five years later, she fi led a case on behalf of her son demanding share in numerous properties of Dhaulpur dynasty spread across the country. After a 34-years litigation, they reached an out-of-court settlement only last month, with Hemant settling down only with Delhi bungalow and agreeing to part with almost everything else for his son. The pragmatic and overtly practical Vasu epitomizes the women of substance. A woman, who knows her onion well enough to compete in a man's world. “That shows Vasu’s fighting spirit,” says Suresh Kumar, who along with Pramod Mahajan managed her election campaign in 2003 when BJP’s tally touched an alltime high of 152 in a House of 200.

Footsteps

1984: Member, National Executive, BJP
1985: Member, Rajasthan Legislative Assembly
1987: Vice President, BJP, Rajasthan
1989: Member, Lok Sabha
1998: Minister of State, External Affairs
1999: Minister of State for Small
Scale Industries, Atomic Energy, personnel
2003: Chief Minister, Rajasthan

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Source : IIPM Editorial, 2007 

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

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Achilles’ Heel

2. Oct 2007 23:22, sonu42

IIPM RANKED AHEAD OF FIVE OF THE IIMS  
Prevention is better...

The Prevention is better...recent action by the Spanish government to deport 750 African illegal immigrants was a gesture in the right direction to send a strong message to the mafias that run human smuggling operations.

Around 25-35% of the immigration in Spain is undocumented. Importantly, unlike France and Germany, Spain has no restrictive migration policies; not only from EU’s new members in the old soviet bloc, but many from other African countries take advantage of it. The apprehensions of the Spanish government are not entirely unfounded. It was a Moroccan- led terrorist group that was allegedly involved for the deadly 2004 train bombing in Madrid. While it might sound rather inhuman to suddenly deport so many out of a country, more oft en than not, governments are left with not much option but to go for the preventive measures to prevent the next possible blast from happening, perhaps. Yet, developed nations should realize that quarantine is not a solution. So long as the yawning gap between developed and poor nations continue, such illegal migrations and crimes would continue to remain.

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Starting all over again...

23. Sep 2007 23:02, sonu42

IIPM Infrastructure : Campus

British Petroleum (BP) has returned to Libya after thirty long years, with its biggest exploration commitment, ever! BP along with Libya Investment Corporation, Starting all over again...its Libyan partner, has inked a major exploration and production pact with National Oil Company (NOC) of Libya. The $900 million agreement was signed by Tony Hayward, Group Chief Executive of BP and Shokri Ghanem, the NOC Chairman. Jointly, the two companies would explore 54,000 square kilometers of Ghadames and Sirt basins, an area equal to ten of operated deepwater blocks of British Petroleum in Angola. It was in 2004, when the United States and the European Union relieved sanctions on Libya aft er it agreed not to pursue nuclear, chemical and biological weapons. This was the time when the country started attracting international oil companies.

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Source : IIPM Editorial, 2007

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

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Mercury Rising

13. Sep 2007 04:44, sonu42


IIPM PUBLICATION 

Nature’s Mercury Risingfury upon man-made habitat is oft en unleashed in the most unforgiving and bewildering attacks that for generations is revered, finally amalgamating into bed-time fables with real disaster and anecdotes of the past. But for man, the most prodigal of all inhabitants, there remain a few assaults that, like creepy wines, spread their tentacles through the shadows and eventually replicate those giant ‘natural’ killers, colossal and resolute.
If one were to categorise the affects of rising mercury levels in our rivers, oceans and other water bodies, perhaps it’s the latter category that holds most disaster in the near future than sporadic onslaughts. Hydrargyrum (Hg), known to common folks as mercury, can spell disaster especially as methyl mercury which accumulates in sea water fish. Arising mostly out of industrial emissions, especially from burning coal fumes, mercury particles either conjoin with rain and snow to find way onto land towards water bodies or are ejected directly into deep waters by industrial houses. Into blue waters, they assume form of highly toxic methyl mercury which builds up into tissues of fishes and animals in high concentrations posing great health risk to regular consumers of contaminated fish.

If exposed to developing foetuses, babies and children, mercury poisoning directly affects the nervous system, resulting in brain damage and learning disabilities. Agrees Classy D’Silva, a leading scientist at National Institute of Oceanography (NIO), Goa. But according to her, mercury emissions in the past few years have actually gone down due to the central pollution board tightening its noose around polluting industrial units.

An effort is worth applause, save the dampener in the form of excessive mercury levels in groundwater sources discovered near the former Union Carbide factory in Bhopal in 2002.

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Source : IIPM Editorial, 2007

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

A beach resort… Come for a month, at least

31. Aug 2007 03:18, sonu42

 

IIPM PUBLICATION   BRAND: Green Cove Resort

Body Copy: A beach resort… Come for a month, at least AGENCY : Rediffusion DY&R

4Ps TAKE : LookinTaj Green Cove Resortg at growing popularity of God’s own country as a tourist destination, the Taj Group of Hotels is now cashing on it. Thecommunication promotes its Green Cove Resort in Kovalam, Kerala and puts forward offerings that are highly irresistible – a four-in-one travel option comprising a beach-side, a hill-station, a backwater escape and a spa resort? All this to hook the lot, which looks out for quality holiday locations within the country, rather than hitting an international spot. The USP? Many actually! The picture in deep blue with a skyline and the pool below is a visual treat and the offerings: the Balinese-styled landscapes, hillside cottages with thatched roofs, a rejuvenating spa, infinity pools, et al, allure greatly. The ad is clutter- free and scores high for clarity in communication and its single minded focus. The reward to the prospect is of course, all the fun and Taj Group’s tag! Time to say, wah Taj!

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Source : IIPM Editorial, 2007

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

Lord Paul to the rescue, yet again!

9. Aug 2007 04:17, sonu42


IIPM Best MBA Institute  

In the Lord Paul to the rescue, yet again!1990s, he saved the London Zoo from closing down by giving the zoo a donation of 1 million pounds. Now NRI industrialist Lord Swraj Paul has donated $500,000 to the Carnegie Mellon University in Pittsburgh, Pennsylvania, to develop an infant lab suite. Like the London Zoo donation, This one too is in the memory of his daughter Ambika (
who tragically died of leukaemia, but she used to love the London Zoo, and Paul couldn’t bear to see the place, his daughter loved so much, close down). The Carnegie Mellon donation was made through the Ambika Paul Foundation. The infant lab suite will design interventions that will help children suffering from developmental disabilities like autism and specific language impairment. The research for this project will primarily focus on understanding how infants achieve cognitive and linguistic milestones. Another show of strength from Lord Swraj Paul – who, in 1996, became a life peer (a member of the House of Lords), and has taken on the title Baron Paul of Marylebone in the City of Westminster.

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Source : IIPM Editorial, 2007 

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

Missed by a mile!

1. Aug 2007 01:31, sonu42


IIPM PUBLICATION 

The Mckinsey report is flawed

Addressing Missed by a mile!a heon thrown by businessmen before his historic visit to India in 2006, President Bush had stated, “...the population of middle-class in India is larger than the population of Britain. They are the market for us. Think about the demand of ACs, cars and things like that.” Clearly, Bush and the likes are focusing on an apple-pie called India whose middle-class is swelling.

And that is what McKinsey’s latest report on Indian middle-class suggests- the size of Indian middle class is going to swell from 50 million currently to 583 million in 2025. The report includes households with an annual income in the range of $4,380-21,890. It highlights that India is poised to grow at the rate of 7.6% per annum for the next 18 years and so is the income of the middle-class.

The report, full of loopholes, is hardly based on hard-facts. The figure of 50 million is contestable. Noted Economist, Abusaleh Sharif told B&E, “No one can deny the growth of consumer class. But to arrive at figures on sketchy data will always produce fl awed results”. How come a country with 300 million mobile subscriber base and close to 80 million internet users has only a 50 million middle-class population? The report is based on number of people who pay income tax. A sizable portion of Indian population is dependent on agriculture and is out of the taxbracket; then how could the report reach a fi gure by ignoring them?

Clearly, the Indian middle class is much larger than what McKinsey projects. And with consumerism rearing its head, corporates are most certainly not the ones complaining!

B&E research: Saurabh Kumar

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Source : IIPM Editorial, 2007

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

12. Jul 2007 02:48, sonu42

Cemex wins it ‘Perpetual’y 

Mexico-based Zambrano, Chairman, Cemexcement major Cemex has finally bowled over the biggest shareholder of Rinker Group by its $18 billion bid. Perpetual Ltd., the majority shareholder of the Australian building materials maker, has revealed that it would accept the revised offer from Cemex. Perpetual’s holding in Rinker is 10.32%, and it has been offered $15.85 per share by the world’s third biggest cement company in April this year. By this offer, valuation of Rinker stands at $14.25 billion. In October last year, Cemex had proposed a $13 per share bid, which was later rejected by Perpetual. This would be the biggest takeover in Australia’s corporate history if it takes shape.

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Source : IIPM Editorial, 2007 

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

 

 

Impossible is nothing

27. Jun 2007 23:46, sonu42

 

IIPM Best MBA Institute 

BRAND : Adidas AGENCY : TBWA

BASELINE: Impossible is nothing

DESCRIPTION: Sachin Tendulkar introduces himself while sketching a cartoon batsman and then relates his story: “My coach used to put a one rupee coin on top of the stump, and whoever used to get him out would take away the coin. All you are thinking of is smacking that ball. I have got like twelve coins as valuable as any medal I have received in my life. Whatever level you reach getting better never stops.” He signs off with the last statement which reads, ‘Impossible is nothing.’

4Ps TAKE: The World Cup disaster hasn’t still deterred Adidas from giving the centre-stage to the Master Blaster. The power idea is to capitalise on the most popular batsman of the nation. The clinching benefit to the Brand is Adidas’s strong association with the game for years now. The communication is very effective with the superstar narrating the story of his coach and explaining how precious the coins are to him. And finally the tagline — that tugs heavily on the heart strings — says it all. Guess there is no place for impossibility in the Adidas dictionary. For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Black Label, special edition!

20. Jun 2007 03:42, sonu42


Renowned Management Guru 

Talk about excellent co-branding! Johnnie Walker – the world’s number one Scotch whiskey and now enjoyed in almost 200 countries around the world – has launched a commemorative Black Label (
tm) special edition to celebrate the third year of partnership with Vodafone McLaren Mercedes, one of the world’s leading Formula One teams. Exclusively available in selected duty-free outlets across Asia from July 1 this year, the new collector’s edition of Black Label will come in a contemporary silver and black carrying case. Sporting a stylish and innovative design, the unique and eye-catching polished outer casing, draws inspiration from the revolutionary aerodynamics of a Formula One car itself. Elegant lines and colouring mirror the shape of the nose of this season’s Vodafone McLaren MP4-22 race car and the carrying handle, that of the rear spoiler. Ingrid Tatham, Asia Pacific Regional Marketing Manager for Diageo’s Global Duty Free business, said: “Together, Johnnie Walker and Vodafone McLaren Mercedes make a winning team and we are delighted to be celebrating a third season with them.” The whiskey in the Johnnie Walker Black Label Limited Edition is Johnnie Walker’s awardwinning Black Label Scotch blend. The fine blend has been called ‘the  Savoy, the Everest of deluxe whiskies’,and is blended from over 40 whiskies, each of which has been matured for a minimum of 12 years. Shall we say cheers to that? 

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Source : IIPM Editorial, 2007 

An IIPM and Professor Arindam Chaudhuri Initiative 

Euro blues for the Greenback!

3. Jun 2007 22:10, sonu42


IIPM PUBLICATION   

Subsequent to weak economic figures, the dollar plummeted to a record low against the euro. The euro traded at $1.3680 (
April 27, 2007), a level that it never achieved since its inception in the year 1999. According to the recent figures released by the Commerce department of United States, the Gross Domestic Product of US expanded at an annual rate of 1.3 % as compared to a growth rate of 2.5% during the previous quarter, a pace that was the slowest in the past four years. During April 2007, the consumer sentiments in US also plunged to a 7-months low.

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Source : IIPM Editorial, 2007 

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

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Starting Up

29. May 2007 21:50, sonu42


IIPM Best B-School  

The seeds of the current revolution were planted at the National Center for Biotechnology (CNB in Spanish), located on the outskirts of Madrid. For the past 15 years, CNB has housed and promoted top-quality science while simultaneously focusing on technology transfer and spinoffs. Eleven companies so far have sprung from the CNB labs. At 720 researchers, CNB is the largest center of the National Research Council—and the first to focus so intensively on technology transfer. “For instance, we were the first center to have our own technology-transfer office,” says CNB’s director, José Ramon Naranjo.

The departments cover a wide variety of topics: researching viruses and developing vaccination protocols; analyzing microorganisms for their potential in bioremediation; studying pathogens and their mechanisms of disease production in order to develop new antimicrobial compounds; studying species of wine grapes to understand how the plants produce defenses to cope with viral attacks or lack of nutrients. 

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Source : IIPM Editorial, 2007 

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

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Rebutting ‘The Fig Leaf theory’

24. May 2007 23:45, sonu42


IIPM PUBLICATION  

Even America’s mulling over the same issue after a recent study on 2057 students by Mathematica Policy Research Inc. revealed that sex-abstinence classes did not stop pre-marital sex but merely delayed it. Thus raising concerns regarding the actual worth of such classes.

Opines Mr. K.K.Verma of Smile Foundation, “Sex education is required to make an informed choice. The premise of sex education is not to reduce the incidence of sexual encounters. Hence a better indicator would be reduction in premarital /adolescent pregnancy, abortion, and increase in safe sexual practices. As times change, children want to experience things as early as possible. They get information from friends and other sources that are usually not reliable and end up fostering wrong opinions and even indulge in sex not knowing what the consequences might be.”

So maybe instead of protecting the children from the big ‘bad’ world, we should tell them a bit about the birds and the bees and mould them into informed citizens of tomorrow.

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Source : IIPM Editorial, 2007

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

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And the Pulitzer goes too...

18. May 2007 04:01, sonu42


IIPM Best B-School  

Just like every movie – and every actor – wants to win an Oscar, every newspaper – and journalist – wants to be awarded that mother of all prestigious journalistic awards: The Pulitzer Prize. The
Wall Street Journal (WSJ), the Bible of economic and corporate reporting, recently won the Pulitzer. What’s more, in a fitting tribute to the paper’s credibility, the Pulitzer Prize Board said that the WSJ had ushered in “widespread change in corporate America. How did it manage to do that? Well, for a series of articles that brought to light the corrupt practices of “business executives, who had rewarded themselves millions of dollars by backdating stock options,” says the New York Times (NYT). The journalists who led this charge from the front, include Charles Forelle, James Bandler, Mark Maremont and Steve Stecklow; and guess what impact the power of the pen – or the keyboard if you like – has had? 

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Source : IIPM Editorial, 2007 

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

But jack welch was no MBA!

15. May 2007 01:14, sonu42


IIPM PUBLICATION 

Was he?!?! No, he wasn’t! And still isn’t, for records! Jack – who writes quite regularly for our group magazines – apart from being considered the most outstanding manager ever (he was rated the Manager of the Century by Fortune), also led the most successful corporation ever (General Electric), which ended up contributing more to shareholders than any other corporation in the history of global capitalism (GE’s m-cap increased from $14 billion in 1981 to $410 billion in 2001, when he resigned). Come to think of it, did not even Bill Gates, the richest man ever, drop out of Harvard? In short, do companies that hire ‘non-MBAs’ perform better than those which don’t? Do firms having the ubiquitous ‘non-MBA CEOs’ achieve more than those having MBA leaders?

Was he?!?! No, he wasn’t! And still isn’t, for records! Jack – who writes quite regularly for our group magazines – apart from being considered the most outstanding manager ever (

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Source : IIPM Editorial, 2007 

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

Independence rules in Holyrood!

9. May 2007 22:11, sonu42


IIPM Best B-School  

With the leadership issue still haunting the Labour Party, a defeat in Scotland will only add to their existing woes. Tony Blair will certainly be blamed for bringing the party to the brink of relinquishing power to the conservatives; the real worry is related to Gordon Brown (
Blair’s likely successor), who represents a Scottish Parliamentary seat. In fact, Gordon Brown’s standing in the party is due to 23 members of the present British Cabinet that are related to Scotland in more ways than one (even Blair is born & brought up in Scotland). Any dent in the party’s vote bank in Scottish Parliament Holyrood, is bound to weaken Brown’s chances of taking over the mantle from Blair. With the Tories raising the issue of disproportionate representation of Scottish politician n the Cabinet; matters are likely to get ven worse. 

A victory for SNP, led by Alex Salmond, is sure to aggravate the English- Scottish divide, adding another thorn to the falling British crown. Although one doesn’t foresee an immediate separation between the two nations, political parties will use this issue to their own advantage, further increasing the divide between supporters of the two. 

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Source : IIPM Editorial, 2007 

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

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Where’s your magic in India?

3. May 2007 00:14, sonu42


IIPM PUBLICATION 

However, the refrigerators segment has proved to be the saving grace for Whirlpool which has managed to compete effectively against LG
& Samsung and even Indian majors, boasting a neat 25% market share. The company posted an operating profit of Rs.442.1 million during the nine month period of April-December 2006. Buoyed by the turnaround and hoping to wipe its losses out completely, Whirlpool Corporation has announced an investment of $20 million over the next 18 months in its Indian subsidiary to strengthen manufacturing capabilities in the country. “We will be number one, both in market share and in mind of the consumer,” avers Arvind Uppal, MD of Whirlpool of India, promising new products and aggressive marketing. But will he be able to deliver? In spite of having a solid run of more than a decade in the country (Whirlpool entered India in 1995, as opposed to Samsung in 1996 and LG in 1997), Whirlpool lags far behind its rivals. So, what went wrong? 

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Source : IIPM Editorial, 2007 

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

‘Leo Kate’s heart will go on’ once again!

28. Apr 2007 02:51, sonu42

IIPM Best B-School 

They set the silver screen ablaze with their steamy on-screen romance in Titanic, and ten years later, the golden couple’s reuniting for an encore! The duo will star together in DreamWorks’ upcoming film Revolutionary Road, which will be directed by Kate’s hubby – Sam Mendes! A perfect twist? The adapted version of Richard Yates’ novel will see the two enacting the roles of a couple initially filled with post-war optimism, but whose relationship turns sour as their American dream crumbles. The movie would be the first time Kate and Mendes – the director of movies like American Beauty and Road To Perdition – would work together. The result is what we like to call a ‘revolutionary’ tangle of relationships!

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Source : IIPM Editorial, 2007 

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

The banking baron’s bait

23. Apr 2007 03:02, sonu42

IIPM PUBLICATION 

W
ith an unending thirst to take up challenges and a fiery fervor to patronage a financial powerhouse, Vaughn Richtor embodies an ideal blend of classic forethought tempered with new-age wisdom. Seated at the baron’s chair of one of India’s leading financial entities, Vaughn Richtor’s calm composure and warm smile is as likely to stomp you off your seat as some of the supreme plans he has recently laid out for his organisation.

Born out of the wedlock of ING and Vysya Bank Limited, that took place in October 2002, ING Vysya Bank has over the years built up a strong base in the banking sector and is one of the leading players that operate in the private, wholesale and retail banking domains, offering services which touch the hearts of over 1.5 million consumers. 

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Source : IIPM Editorial, 2007 

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

MG Rover to vroom from China

17. Apr 2007 00:37, sonu42

MANAGEMENT GURU 
Nanjing Automobile Corporation (
NAC), which acquired MG Rover Group (Britain) and Power Train (MG’s engine making unit) in 2005, will roll out MG Rover’s popular MG7 and MG TF sports car in July 2007 under NAC-MG brand. NAC, a state-owned enterprise, will be reintroducing MG Rover in China and Europe which was a popular sports car in the UK during 1960s. In order to cut down costs, production facilities and equipments have been transferred from the UK to Nanjing which has a capacity of 200,000 cars & 250,000 units of engines. In 2008, another production facility