Wednesday, August 30, 2006

Marketing


If that’s giving a lot, think about this Swedish furniture company, which was ranked 11th, not in terms of its furniture business, but for being one of the best-earning ‘eateries’! Furniture giant Ikea lures customers with cheap warm meals! One out of every 20 euros spent at Ikea goes into its cheap meals menu. It’s not just a hot dog for €1, the company also provides free baby-sitting services, so moms and dads can shop in peace. Clearly, the customer should not just be well taken care of, but also be provided an environment that astounds their experience pleasurably.


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

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

Saturday, August 26, 2006

Gay PRIDE?

Female fans of Lance Bass, of former boyband *NSync, can kiss any high-flying dreams of meeting this heart-throb and having him fall in love with them Bye Bye Bye. Yep, Lance is the most recent to join the alarmingly increasing group of young, good-looking men in showbiz who have taken to “coming out”. With their new, er, options, many a woman is left dejected…You sure are Tearin’ Up thousands of hearts Lance! d-class innovations!

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

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

Friday, August 25, 2006

Oil Supply Problem

The oil supply problem will not disappear. Oil experts have started to voice their warnings about the coming depletion of oil reserves roughly ten years ago, though in vain. Only 5 years ago oil was traded at $12 per barrel; that was really close to a free lunch. And the world’s lunch grew dramatically: Daily global oil consumption is estimated by OPEC to have been around 82.4 million barrels in 2005. That amounts to a total of more than 30 billion barrels annually, with a rise of 1.4% forecasted for 2006. Is that too much pessimism for you? Step outside, look upwards and you can see the most reliable form of energy for the next couple of millions of years. The sun delivers about 11,000 times the energy we are currently in need of! This means, if we can utilize only 1/11000th of the solar energy, we could actually give up creating lunar landscapes on our small earth.

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

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

Tuesday, August 22, 2006

Indain Inc. On Dream Run


Their dream run is quite obvious from the fact that the consolidated PAT for 29 cement companies shows a stunning 246% growth during the quarter. Only three companies, out of the 29 under consideration, have grown at less than 100%. Market leader ACC has posted 184% growth. The IT sector came up good as always with the major industry giants like Infosys, Satyam and Wipro posting healthy growth. Net profits of Satyam soared by 75% and that of Infosys and Wipro went up by 54% and 53%, respectively. Pharma companies showed a growth in PAT of 24%. Pfizer was outstanding with growth in PAT of 131%. The banking sector displayed a mixed bag of fortunes with SBI, the country’s largest bank, booking a 34% fall in profit and ICICI Bank, the country’s largest private sector bank, moving up by 17%.

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

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

Monday, August 21, 2006

IIPM - DR-CAFTA

The deprived sections of the population, on the other hand, make up for 87% of farmers, having 15% of land and marginal access to marketing and credit facilities. With the US dominating the economy, receiving about 34% of Guatemala’s exports, small farmers are being pushed out to make way for large exporters linked to the US market. This factor explains that even with a sustained growth of 8% in exports, the country ranks a lowly 117 in the Human Development Index (UNDP). In such a gloomy scenario, the ostensible positive ratification of DR-CAFTA (Dominican Republic-Central American Free Trade Agreement) by Guatemala’s congress has actually ushered in American economic ascendancy from the back door, cheating Guatemala’s local firms.

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

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

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  • Saturday, August 19, 2006

    'Spaceship One' Win the Ansari X Prize

    Immediately after the successful flight, not only were the designs licensed to Sir Richard Branson (and Virgin Galactic was launched) but commercial space flights were planned to be executed for future space tourists. Although the foray into Space Station in 2001 fructified, increased private participation for gaining access to it has met with higher support. This venture got the maximum boost when the world’s first privately developed space vehicle, ‘Spaceship One’, on its way to win the Ansari X prize, broke the highest altitude award of 41 years (it reached 112 kms, placing the pilot in the Lower Earth Orbit) in 2004. Immediately after the successful flight, not only were the designs licensed to Sir Richard Branson (and Virgin Galactic was launched) but commercial space flights were planned to be executed for future space tourists. Although the foray into space has had increased participation globally as more and more countries like Saudi Arabia, Algeria and organizations like University of Rome get into building and operating satellites, the access to the launch vehicle, and especially the ability to send manned missions, is severely restricted to a few countries (US, Russia & China).

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

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

    Tuesday, August 08, 2006

    IIPM-News :- Holograhic Discs


    So, does this mean Toshiba still has a chance? Damian Thong, technology analyst, Macquarie Research Equities, quips, “The market is big enough for both companies. And the technologies are equally good; the consumer decision will, of course, depend on his requirement and wallet. However, repeated delays can create a problem.” But there lurks even a bigger problem for the two camps; and no, not the 1.6 terabyte holographic discs, but Ricoh. The Tokyo-based giant has unveiled a player on July 18, 2006 (to be launched commercially next year) that can read all disc formats!

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

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