Trying hard for level playing fields

IIPM : EXECUTIVE EDUCATION

Sort out the operators & make sure that the consumer gets his due

The former Secretary of the Department of Telecom (DoT), Nripendra Misra, who was appointed Chairman of Telecom Regulatory Authority of India (TRAI) last year has opened the Pandora’s box by aiming to bring in competition in telecom sector. His dual-tech policy allowing a single operator to provide both the CDMA & GSM services within the same circle, have set the operators marching to court and media. The other issue, which Misra would have to expedite in 2008 is related to 3G spectrum and broadbasing the broadband network across the nation. The 1967-batch IAS officer will have to do much & at a much faster pace in 2008 to make consumers happy.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Resurrecting the lost pride

IIPM’s 36th Glorious Year of Academic Excellence

We are only busy with the trinity of the big cats – tiger, lion & leopard and in contemporary India, the best known of the non-roaring big cats – the Cheetah, who are fastest land animal, has been forgotten. It can reach speeds between 112 km/h & 120 km/h and can accelerate from 0 to 110 km/h in three seconds, faster than most of the modern racing cars. Its hunting prowess attracted nobility, through 5,000 years, to keep it with them, & it was this practice, which has cornered it to few corners of the world, as it is biologically weak to breed in captivity. Moreover, growing human & livestock population caused reduction in Cheetahs’ habitat and that was major reason of it being extinct in India, since 1952. Cheetah is also in World Conservation Union (IUCN) list of vulnerable species. 90% cheetahs are now in Namibia & Botswana. “Earth is left with just 12,000 Cheetahs,” Dr. Divyabhanusinh, an authority on Cheetahs in India, told B&E. But, can’t Cheetahs be rehabilitated in India? In 100-200 sq. kms. of grassland, with sufficient prey base & vegetation, Cheetahs can be rehabilitated, Sinh said, adding that he had studied empty DNA of Indian Cheetahs and Botswana Cheetahs and they are same. Then, their Cheetahs can be rehabilitated in India. “Cheetahs can be brought from Botswana, where their growing numbers are harming human’s interests,” said Sinh. “The Narayan Sarovar in Kutch, holds the potential for introduction of the lost specie,” said Dr. Yadvendra Dev Jhala of Wildlife Insitiute of India.

“Lack of money isn’t hampering rehabilitation of Cheetahs in India, it’s absence of political will,” said Sinh.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Can Mallya’s Deccan and similar low-cost airlines handle the onslaught of a new competitor, Lalu’s Indian Railways? shashank tripathi of 4Ps B&M digs

IIPM’s 36th Glorious Year of Academic Excellence

As a kid, strange as it might seem, I always used to scoff at cartoons, especially the ones with superheroes. And through the years, my favourite hotshot target superhero always remained the man of steel, Superman! As comical as the reasons might seem, I had two to berate him. One, he was always there to do social service and save the world (I mean, come on, is there no other good reason for a superhero to exist?!); and two, he could fly (Oh please! Get real!). For me, Superman was, in short, a loser, who was like a sissy with just one pocket-full of Kryptonite! And who was, in fact, my favourite toon emperor? Uncle Scrooge! Consider this. Scrooge couldn’t ever fly; he was never there to do social service; and saving the world was as alien to his mind as the Indian football team thinking about qualifying for the World Cup. And what more, Scrooge could have eaten Kryptonite dry for breakfast and not have indigestion (till lunch at least)! So what was he there for? Money! Period! Scrooge didn’t care less about relationships, and lesser about what people think of his dressing sense!

I guarantee, the deja vu and the metaphoric similarity would hit you as hard as it hit me, if you were to compare – like I did – India’s low cost carrier (LCC) industry with a competitor they never expected, Lalu Prasad Yadav’s Indian Railways. Think about it, Lalu ‘Scrooge’ Yadav doesn’t care less about relationships, gives two hoots about what people think of his dressing sense or deportment, and would kick ‘world-saving’ ideas out of his dairy farm if it would cost him even a penny. But the one issue CEO Lalu has never lost sight of in all these years, is profit! The Indian Railways has perhaps never seen brighter times! And what, on the other hand, has the LCC industry focused on? Social service. What else would you call year after year of operating with humungous losses of thousands of crores, and still attempting to offer lowest prices to air travellers?

“There are no real pure low cost airlines in India and there will probably not be any in the future,” shared Maunu Von Lueders, CEO of Jet Lite, when I caught up with him, “In other words, even the best performers are bleeding and they’re trying to use Band-Aids to stop the bleeding!” Without doubt, the King of them all, Vijay Mallya, was and continues to be the poster boy of the aviation industry, rewriting the entire inflight experience to world class standards using Kingfisher Airlines, offering exceptional services at affordable prices. When Mallya jumped on to the LCC bandwagon using Deccan Aviation’s takeover, everyone expected this sector to have glorious days up ahead. But nobody had counted on fuel prices, eh!

But really, LCC’s competition had started way back in May 2004, when the UPA government was sworn in and Lalu took over the huge loss making Indian Railways as the Union Minister. Imagine how he would have felt. There was the authoritative government funded Rakesh Mohan Committee report, which forecasted that the sordid state of affairs of Indian Railways would guarantee over Rs.61,000 crore losses by 2015 and the only way out was privatisation.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus
The Hindu : Education Plus : Honour for IIPM
IIPM ranked No.1 B-School in India, Management News - By ...
IIPM Ranked No1 B-School in India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
IIPM ranked No. 1 B-school in India- Zee Business Survey ...
IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs

Debashis Paul, Senior Vice President and General Manager, McCann Erickson

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Debashis Paul, Senior Vice President and General Manager, McCann Erickson: Anand has an extraordinary sense of art direction, which is very contemporary, most relevant and striking. That’s why he is quite different from others. He has powerful visualisation and that’s why he can easily work on any theme, which is quite tough. He has mastered the skill of art direction and can easily understand the connotation of the theme and work on it very fast. Vaybhav, on the other hand, is a good creative thinker. He brings a lot of fresh ideas to the table. He is a radical thinker. As a person, he is reliable, professional and approachable to work with. Both of them have recently brought out a wonderful ad campaign on Reebok (I am my biggest challenge) with Bipasha Basu.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

For More IIPM Info, Visit below mentioned IIPM articles.
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!

Air Turbine Fuel (ATF) prices in the domestic market

IIPM Ranked No. 1 B-School In Global Exposre - Zee...

Then there are other benefits on the cost side. As per sources at Air Deccan, Air Turbine Fuel (ATF) prices in the domestic market are valued at 170% of international standards. That basically means that operations on international routes would guarantee cheaper ATF prices, thereby lowering the costs for the airlines. Aniket Mhatre, Aviation Expert, PLIndia convincingly states, “The costs for international operations are lower as ATF outside India is at Rs.32/litre as against Rs.49/litre in India. As ATF contributes to about 40-45% of airlines costs, costs for flying international are lower (as you can refuel overseas, as Air India does). Hence, international yield per seat is higher.” Agrees Rajeev Batra, Executive Director, KPMG, “ATF is a controlled commodity in India. It is not so abroad, instead being freely tradeable. Naturally, players flying abroad will stand to gain from this.”

The fact bears significance considering that Indian carriers have had a poor record where operating statistics are concerned (refer Figure 4) with most reporting higher operating expenses than revenues. Then there is also the attractiveness of price restrictions, which apply on international routes that are more regulated and therefore create a scenario where loss-making can be avoided by careful pricing method. As Craig Jenks, President, Airline Projects Inc. asserts, “Globally, international traffic grows faster than domestic traffic and so it is an interesting opportunity. In India, domestic market has been growing faster, resulting in excessively low fares. International routes are more attractive since they are restricted by the government.” What this implies is that restricted access to these routes means lower levels of dog-fights for the operating airliners – some relief for domestic carriers, which have been bearing the brunt of predatory pricing for years now! “Long-haul operations are always more profitable since they lower the operations cost. Bigger planes will offer you three times bigger capacity than small ones in domestic routes. Margins for international carriers are always more than that of domestic depending upon sectors…” is how Jet officials put it.

But do these opportunities come sans challenges? “International operations provide a greater diversification of revenues, generate greater feed for domestic operations and may suit the strategic objectives of an airline, but the challenges should not be underestimated. International flights test you on both the quantity and quality factors,” says Somaia. With Air India having under-exploited international opportunities for years now, it’s time for private carriers to show that they have stronger wings to fly greater distances. That was the quantity challenge. There is another challenge factor though – that of quality. Can Indian operators provide long-distance, international flight travellers with that kind of top notch services, which maybe a BA or a Lufthansa can offer? “Yes, why not? Indian carriers can compete effectively with their global counterparts on the service parameters. We can capture up to 50% of the international traffic in India in the mid-term,” snaps back a Jet official.

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

Read these article :-
ZEE BUSINESS BEST B SCHOOL SURVEY
B-schooled in India, Placed Abroad (Print Version)
IIPM in Financial times (Print Version)
IIPM makes business education truly global (Print Version)
The Indian Institute of Planning and Management (IIPM)
IIPM Campus

For More IIPM Info, Visit below mentioned IIPM articles.
4Ps Power Brand Awards 2007
When IIPM comes to education, never compromise
IIPM, GURGAON
IIPM - Admission Procedure
IIPM is A World of Career
Why Study Abroad When IIPM Gives You 3 global Advantages!