Indicators are positive & steel demand growth is expected to remain at 3- 5% levels....

IIPM PUBLICATION

Moreover, with no signs of metal prices softening in the near to medium term (demand from construction, automobile & other metal intensive sectors is going to shoot up in coming times), the companies for sure are going to have a smooth sail. Sushil Maroo, Wholetime Director – Finance, Jindal Steel & Power Ltd responded to B&E, “I think steel prices will remain stable and I don’t find any signify cant changes in demand in the short term.” In 2007, global steel (finished) consumption is expected to be 1,179 MMT, an increase of 4% over 2006. Moreover, the Chinese government’s recent policy of reducing the number of steel makers in the country will definitely increase the scope of opportunities in the region.

On top of all, the Indian metal moguls in order to valve the growing demand, and to avoid chances of becoming a soft consolidation prey as domestic soil is attracting players from all over the planet, are opting for both – organic & inorganic growth. Mittal’s acquisition of Arcelor led to a consolidation inferno like never before and many felt that Indian steel dolphins will be acquired by global steel sharks.

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

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The A to Zee of media!

New verticals like DTH and radio have helped the industry keep pace; & now, there’re are quite a few reasons for players like Star and Zee to fight for the numero uno position

Annus mirabilis! To put it simply, it was a wonderful year for the media and entertainment sector. Marked with high-profile launches, bewildering shakeouts and astounding announcements, 2006-07, without the slightest doubt, can be termed as a watershed year for this industry.

Be it DTH, radio, newspaper, TV channels, the buzz in the industry is like never before. All the segments had one thing in common – a whole new bunch of players jumped in to grab the market. Even the veterans diversified their portfolio in order to safeguard against the fairly new entrants.

One of the fields that has witnessed the maximum action, is the television space. While CNN-IBN, Times Now, and NDTV announced their foray into the general entertainment channel category, the year also marked an era of tie-ups in the industry. HT tied hands with the supreme The Wall Street Journal to launch Mint. TV18 forged a deal with Viacom and aims to launch a general entertainment channel; make content for the internet and mobile phones and also produce films. “The entertainment space offers significant opportunities and this partnership gives us the scale to compete and the edge to achieve leadership position,” says Haresh Chawla, Group CEO, TV18.

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Source : IIPM Editorial, 2007

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

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

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Organised retailing is the new talk of the town, and agri-retailing is the next stop for India Inc.

IIPM MANAGEMENT INSTITUTE

According to the Ministry of Commerce, agriculture also attracted foreign investments worth $98 million in 2006-07. Subodh Kant Sahai, Minister of State for Food Processing Industries, adds, “FDIs in retail chain is needed to create markets. The food processing industry needs to grow at a greater pace to be competitive in the global market. The domestic market alone cannot create demand for processed foods. We need to export, and FDIs in retail chain can help in boosting (such) exports.” Remarkably, this year again, fertilizer companies have made it to the top in the B&E 100 Most Profitable Companies list.


Gujarat Narmada Valley Fertilizer had a net profit of Rs.3.26 billion, followed by Balrampur Chini with a profit figure Rs.3.26 billion. However, the list was topped by Zuari Industries with a net income of Rs.3.93 billion. The company has diversified interests ranging from fertilizers to biotechnology, and more.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

Talent Crunch

On "IIPM - Arindam Chaudhuri - Planman"

India has abundance of resources and the industry too has developed a strong will to compete with the best in the globe. But the biggest dilemma of our times is that despite having a youthful population, we just don’t have the rightly skilled people to catapult India to new economic heights. This paucity of skilled work-force is beginning to hurt India Inc.

Sunit Sachar, COO (Chief operating Officer) of Parsvanath Developers has more reasons to worry these days. One of the fastest growing real estate companies is facing acute shortage of skilled professionals to execute projects in different cities. The scarcity of talent is plaguing every area of the sector, right from valuation of land to design and construction of the project. He fears, lack of people with right skill set may cause inordinate delay in execution of their projects & if the problem persists, it might retard exponential growth of the company. Now consider another scenario. Rajesh Nair is still waiting for the coveted job as a software testing engineer even after completion of MCA course two years ago. He is unable to understand why he is being constantly rejected by companies despite possessing a good degree. Sudhakar Das working in Leela Hotel, Bangalore, has quit his job to join a KPO firm in Gurgaon. The temptation to switch over the job was difficult to resist as the new firm offered him to pay double of what he used to get.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

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Thanda karta sabko ek
IIPM Infrastructure : Campus
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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)