Thursday, October 26, 2006

DEAL OUT, BUT CASH IN!

After its failed takeover of Sahara Airlines in June 2006, it all seemed as though Naresh Goyal’s Jet Airways is all set to lose both the deal and the money deposited in the escrow account with ICICI Bank for violating the terms of the contract. However, the Bombay High Court on September 22, 2006 allowed the air liner to withdraw the sum of Rs.15 billion with dual conditions of agreeing to furnish bank guarantees against this sum and paying-up the interest amount of Rs.1 billion to Sahara Airlines. This, however, proves a breather for Jet Airways who can now utilise the locked-up funds in new investments.


For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Monday, October 23, 2006

Indian Companies

The firm earned Rs.1.06 over a sale of Re.1 (with net sales of Rs.166 million and profits of Rs.176 million for FY06). Tata Investment Corporation Limited (TICL), clinched the third position with a return of 96 paise for every rupee sold. For 2005-06, the company had sales of Rs.1,708 million and profits of Rs.1,631 million. The structure of TICL is much similar to that of JM Financial. TICL, together with Tata Sons Ltd, is a promoter of Tata Mutual Fund. TICL is also a principal shareholder of Tata Securities – a company engaged in the distribution of mutual funds and other investment related securities.Other companies in the top 10 list include names like United Breweries (Holdings), Reliance Capital, India Infoline, Gateway-Distriparks & Jaiprakash Hydro-Power Ltd.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Wednesday, October 18, 2006

Indian Steel Industry

Today, the industry is characterised by strong demand growth and consolidation.” For what rationale drives the Indian steel industry in the limelight of domestic as well as overseas players? Bhavin Chheda, Head of Research, Pioneer Intermediaries elucidates, “At the moment, (gross) capacity of the Indian steel industry is just 35 MMT; (However) with GDP growth of 7-9% projected over the next few years, and on the back of big ticket investments lined up in infrastructure, power and real estate, the industry looks very promising.” In anticipation of the emerging threat ,Tata Sons decided to hike its stake in Tata Steel by 10%, raising its shareholding in the company to 30.04%, besides going ahead with a prodigious capex of Rs.700 billion.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

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Monday, October 16, 2006

SBI ATMS


It has a mind boggling network of 9,177 branches, and 5,590 ATMs across the country; and for starters, to be the most profitable bank in the B&E Power 100 ranking, perhaps required not too much of effort! The change actually started in the mid ‘90s, when SBI forced itself through a professional makeover process with; the obsession was so much that SBI even appointed McKinsey & Co. to observe their century-old processes and recommend the necessary changes to facilitate faster decision making. Not necessarily to the credit of the much criticised McKinsey, SBI’s transformation has been truly tremendous.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Thursday, October 12, 2006

BRAND : ICICI Credit card

HEADLINE : The sea paces in anticipation… the world can wait.
BASELINE : Own the World.
AGENCY : Bates Enterprise

4Ps TAKE : An aspirational headline, combined with a striking B&W visual, equals a winning communication for potential ICICI Platinum Card holders. The power idea is to convince the target audience (in this case high net worth individuals) that ICICI’s Platinum Card offers you the exclusivity reserved for the privileged. The ad provides clinching benefit to the brand by positioning it such that it enables its esteemed holders to reserve tables at the finest restaurants in the city; and for making every moment cherishable. Oh! what a feeling to be spoilt rotten... yet another winsome ad from the ICICI stable!

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Monday, October 09, 2006

YOURS GLOBALLY, ‘GHANDI’!

(Just in case you spotted a spelling error in the headline above, don’t be perturbed, it’s intentional!)
After her break-off with Brad Pitt, when Jennifer Aniston sported T-shirts with Mahatma Gandhi’s messages written on them, why did it make so much news? Was it because of Aniston or Gandhi? Maybe they made a saleable combo! On the fifth anniversary of 9/11, while the world was busy debating the future of terrorism, India celebrated Gandhi’s first call of non-violence in Johannesburg against white colonial rule. Its relevance in today’s violent world managed to sneak into the global news agenda. As India tries hard to establish its identity in the global fashion circuit, Khadi is popular as Gandhi’s style statement.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006