Ridding a MIN(e) of hassles... Mutually!

IIPM PUBLICATION
The Association of Mutual Funds of India (AMFI) recently launched the much awaited unique Mutual fund Identifi cation Number (MIN). Investors that have obtained the MIN by submitting their documents once, can get invested with any mutual fund offerings using the MIN. This will save consumers from reproducing their documents to fulfil the 'Know your Customer' norms under the SEBI guidelines, every time they approach a new fund house which will be valid for a lifetime. Those investing Rs.50,000 or more will have to obtain MIN effective from January 1, 2007. MIN which will be free of cost will be provided by CDSL Ventures Limited will keep the records for the investors.

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Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

Guess you’ll have to watch this space to get an update!

IIPM BEST B-SCHOOL
On the client side, Snigdha Goswami of NTPC seems more generous toward such demands. “It is really a question of policy decisions that percolate from the top,” she points out, adding that since NTPC is not an FMCG in a cut-throat competitive market, the demand for cutting edge creative work is very limited, but whenever such requirements have arisen, “I am proud to say, we have paid.”

Why? “Simply because we believe that creative excellence must be recognised and applauded and what better way to demonstrate appreciation than going beyond mere lip-service and handing them a pay-cheque.” Do others agree? Guess you’ll have to watch this space to get an update!

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Source : IIPM Editorial, 2007

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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IIPM going global
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An ad within an ad? Or is it?

IIPM PUBLICATION
Aby Baby may not have been able to prevent his family’s recent visit to Varanasi (with Aishwarya in tow) out of the media glare, but did you notice the way he sneaked in a MotoRazr (a brand he endorses) in an American Express TV ad? Celebs are known to promote the brands they endorse in public and in films etc., but flaunting one product in another’s ad? That’s intriguing! Of course his suave act wowed us, but the American Express ad left us wondering if the placement of the MotoRazr was as intentional as that of Abhishek himself.

When contacted by 4Ps B&M, Motorola said that though they did not have any formal deal with American Express, Abhishek did check with them if he could carry a Motorola model, since the storyline required a phone anyway... “This shows the product’s popularity and also builds up the salience of the brand,” says Lloyd Mathais, Director – Marketing, Motorola. Add to that the fact that India being a sensitive market, if audiences spot star endorsers carrying a rival brand, it does not go down well for the celebrity or the brand concerned. So when Tendulkar rolls his Fiat Palio on MRF Tyres in the former’s ad or John Abraham pours Castrol into a Yamaha bike in a Yamaha campaign, don’t blame it on mere coincidence. Guess, celebrities endorsing a series of products does come as a blessing in disguise!

Edit bureau: Surabhi Agarwal

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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IIPM going global
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ABOUT IIPM
IIPM MANAGEMENT INSTITUTE
IIPM Press Release :- It’s all about value
IIPM : All the roads lead to home
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IIPM Press Release :- Defenders of pride

IIPM Publication :- A diversified portfolio of cash, farm land & metals is the best option for now

IIPM BEST B-SCHOOL
Contrary to frequently expressed views, monetary conditions have not tightened. It’s evident from the fact that US Foreign Official Dollar Reserves are still growing at over 15% per annum and International Reserves are up year-to-date by more than 18%. Periods of tightening international liquidity occurred from 1987 to 1990, from 1996 to 1998 and from 2000 to 2002. When international liquidity, which is largely supplied by the US current account deficit tightens, the US dollar usually also strengthens and vice versa. We could therefore argue that the rising international liquidity means rising asset prices but a declining dollar, whereas contracting this international liquidity leads to a strong dollar but weak asset markets.

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative

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Breakfast at Crawford & all will be well!
Aspires to be the new ‘flavour of the day!
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IIPM Publication :- 'Sidhuism' must prevail !

IIPM Release :- Cooperation & collaboration

IIPM PUBLICATION
With these various factors in mind, unless the government increases the Gross Budgetary Support (GBS) for education, health and employment schemes, lopsided development process across the country will inevitably, and with crying shame, continue. The GBS in the tenth Plan was around 7% of GDP. Estimates by experts within the Left front (if one, however wrongly or correctly, were to assume they are most pro equitable development) suggests that the GBS for the Eleventh Plan will have to be increased by at least another 4.75% of GDP in order to ensure a minimum increase of 1% of GDP for agriculture. Comparatively, the government has sounded off that it is most likely to increase the GBS in 11th plan by only 2.5%.

Also, the availability of quality labour force to meet the growing demands of the industry has become the newest major concern. Suddenly one is discovering that despite a huge youth force, India just does not have enough institutes of higher learning, which can churn out leaders and managers of international standards. According to Nasscom, India will face a shortage of about 500,000 skilled manpower by 2010!

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Source : IIPM Editorial, 2006

An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative