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Amidst New Year celebrations and reverie comes in the news of price hike from auto majors like Honda and Hyundai. Honda’s City, Accord and Civic models will fall under this strategic move, while the newly launched ‘CR-V’ will be kept out of it. The rise in prices may be upto Rs.10,000. Even Hyundai is putting a new price tag on its models including the flagship Santro, amounting to 2% increase. According to the company officials, the hike in input costs has led to the increase in prices of selected car models. And Skoda and Toyota might join the bandwagon too.
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Source : IIPM Editorial, 2007
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
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Ridding a MIN(e) of hassles... Mutually!
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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
Friday, January 19, 2007
Guess you’ll have to watch this space to get an update!
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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!
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
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