Friday, March 28, 2008

‘Sin’

They’ve, on cue, garnered the appropriate gasps and wows but hardly ever touched the crucial areas of selling! It’s not a crime but a ‘sin’! The agency should be sacked immediately,” Chanda says. However, Chanda believes that often the clients are to blame too, “Because the promise of glitzy awards amidst glamorous settings at home and abroad works as a seductive carrot for them.” To director sahiba Leena (Shabd) Yadav, “The entertainment quotient works as a superseller. Used in appropriate manner – Happy dent, Cadbury, Fevicol,Naukri.com, Airtel - they rock! They go beyond the cut and dry product features to create an emotional synergy and connect that ensures top of- the-mind awareness.” However, she is quick to add that flippant and casual endeavours, hoping for shortcuts to accelerate consumer preference is doomed “because it neither entertains nor sells!”

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Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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Tuesday, March 25, 2008

Financial services business

As the table indicates, both Ratan- Tata and Kumar Mangalam Birla have a steep mountain to climb if they want their groups to become serious players in the financial services business. In many ways, the two are classic example of established business houses and families failing to exploit emerging opportunities in sunrise sectors (See Box). Their plight in financial services is not a stand alone exception. In yet another sunrise sector, telecom, both Tata and Birla are struggling hard to play catch up with the market leaders. Tata Teleservices and Idea are way behind market leaders like Airtel, Hutch, BSNL and Reliance. Perhaps the saving grace for them in telecom, in contrast to financial services, is that the duo have not yet been written off by analysts.

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Monday, March 24, 2008

Economic reforms

What is true of the world is also true of India. Since 1991, when economic reforms were first introduced, financial services has been one of the hottest, fastest growing and arguably most profitable sectors to be in. With each passing year, more and more new opportunities are opening up in the financial services sector as the government has systematically dismantled state monopolies of yore. Corporate banking, retail banking, asset management, mutual funds, retail brokerage, wealth management, foreign currency trading, insurance and consumer finance are all considered sunrise segments where growth and profits are guaranteed for the smart investor and promoter. India Bulls is a classic example of how savvy entrepreneurs have made a killing in the Indian financial services market. In just about five years, the market capitalization of India Bulls has zoomed from zero to more than $ 2 billion!

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Source : IIPM Editorial, 2007

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

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IIPM, GURGAON
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The Noodle House comes to India
Re-cycle...
Cricket isn’t just cricket
Puravankara gets stuck in bad weather
Harry Potter strikes a million!
Serious dangers
Colourful
Hazards related to kidney, liver and lungs
Stock ‘boom’!
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Monday, March 17, 2008

Here’s looking at better Indo-UK ties

The man behind Airtel – Sunil Bharti Mittal, who is also president of CII, headed a 12-member delegation to the United Kingdom. The group went to strengthen Indo-UK trade tries, explore investment opportunities and also discussed global warming and climate change. Among the list of people the group interacted with were industry honchos like Rolls Royce CEO Sir John Rose, Vodafone Chairman Arun Sarin and British Airways Chairman Martin Broughton. “UK and India are critical for each other. One of the ways that CII reflects this is by taking the annual CII CEOs Mission to the UK, led traditionally by the CII President,” CII commented in their statement. Currently, Indo-UK trade is pegged at around £8 billion, and, over the last 12 months, India has emerged the second largest investor in the UK.

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Wednesday, March 12, 2008

FMCG projects

They will begin to dominate the supply chain and shift the power from the FMCG companies to themselves.” And HUL clearly has to take up the cudgels in the semi-urban and rural segments as well, where ITC has pipped it to the post in setting up its retail outlets called choupal sagars. A recent Assocham study on FMCG projects that rural & semi-urban FMCG market size is projected to grow by 10% and 6% respectively by 2010. Urban India market size, on the other hand, is projected to fall by 25% as the market moves towards organic products. While that should be the preferred course of action for the future, there really seems to be little HUL can do currently to reinvigorate its stock. Indeed, more rocking quarters and expansions into sunrise areas could improve investor confidence. Surely HUL would not wish to wait for a generation for that to happen!

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Monday, March 03, 2008

POOJA BEDI

"There are not one but two festivals I enjoy celebrating. One is Diwali when I decorate my house with rangoli, do puja, then burst crackers. It is very good for kids as they love bursting crackers and praying on this day and for adults, as they can gamble and shop for the house and decorate the house. The other one is Christmas. I have been celebrating Christmas since 1982. I love decorating the Christmas tree and the traditional dinner. On Christmas, I get gift s for everybody, including my kids, my dogs & servants. We celebrate both the festivals in a big way."

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