IIPM: Asia

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Thursday, August 30, 2007

‘Sad’ Walton!

‘Size can

be a disadvantage’, you thought? You couldn’t be wrong; for how bigger can you get than Wal-Mart, whose revenues of $351.14 billion & scale of operations make it the bull’s eye for environmentalists with millions of tones of waste each year. Wal-Mart’s massive fleet of 7,200 trucks runs on polluting petroleum, and its 2,074 outlets in the US alone consumes a mind-boggling 1.5 million kilowatts of electricity annually! Bill McKibben, noted American Environmentalist, states that, “I think the main fl aw in the Wal-Mart story is that they exist to sell people on the idea of endlessly buying more stuff. I can’t think of a community in the US that has been improved by a Wal-Mart.”

B&E,4ps & IIPM Publication

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Tuesday, August 14, 2007

Million...billion …now its trillion!

Creating a record – Reliance Industries’ Chairman Mukesh Ambani has incredibly won an exceptional

distinction of being the only trillionaire in the country with over Rs1,000 billion worth of wealth amassed through his shareholdings. Not far behind, younger brother Anil is also struggling to catch up in the race (with close to Rs900 billion worth of wealth in the stock market through his holdings in various group companies). The collective market value (capitalisation) of RIL, Reliance Petroleum (RPL), IPCL and Reliance Industrial Infrastructure Ltd. (RIIL) has crossed the Rs2,500 billion mark. In addition, the combined investors’ wealth in Reliance Communications (RCOM), Reliance Capital (RCL), Reliance Energy (REL) and Reliance Natural Resources Ltd. (RNRL) has touched the Rs1,424 billion mark.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Thursday, July 12, 2007

“It’s our unrelenting focus on customer orientation – a trademark since inception, that has brought Canara Bank to its present stature.”

“Driving high on profitability and with a pan India presence of over 2,570 branches,

the bank is now looking at the emerging 3Cs - Competition, Consolidation and Convergence as the basic premises for leveraging further scalability in future.” M.B.N. Rao, CMD, Canara Bank, revealed to 4Ps, B&M. Having taken over 11 banks in the past, Canara Bank is aggressively looking forward toward synergistic M&As to multiply in size and scale.

Having a mission that states: ‘Serving to grow, growing to serve’, Canara Bank has undoubtedly emerged as a bank with significant presence and service quality.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative