Alcatel is a strong global... (IIPM-Press Editorial)

Bill Lesieur, Chief Consultant at Technology Business Research states, “Alcatel is a strong global company that doesn’t need Lucent to sustain its position.” But perhaps analysts forget that Lucent’s global leadership in wireless technology – which Alcatel thoroughly lacks – would combine redoubtably with Alcatel’s superior geographical reach and expertise in Digital Subscribers Line equipments – which Lucent had disregarded till date.

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Source IIPM-Editorial,2006

Health Care Business (IIPM-Press Article)

Bayer Chairman Werner Wenning declared, “The proposed takeover of Schering is in line with our strategic objective of further growing our health care business.” But the fact is that this merger makes extremely less financial sense for Bayer, lesser than it did for Merck. With a ridiculously high P/E multiple of 27 (compared to Bayer’s P/E multiple of 15.4, and Schering’s 20.6 – based on prices before the Merck offer), the offered price is irrationally high.

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Source IIPM-Editorial,2006

CPI: Cost of living

Cost of living measured by Consumer Price Index for all commodities, increased by 2% in the first quarter of March 2005, compared to a 2.3% increase in 2004. Energy prices were the main drivers of index, as energy products increased by massive 5.9% in March 2005 compared to just 2.4% in 2004. Processed foods experienced the second highest increase of 2.8% in March 2005 against 3.6% in 2004. For the entire Euro region, core inflation remained stable at 2% in 2004.

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Source IIPM-Editorial,2006

The brides and the prejudices!

NRIs’ growing investment trends portray faith in the market returns, rather than in the country itself
NRIs, for long, have stayed away from the country on the pretext of chronic economic, political & social shortcomings. As the sun dawns on India & dusk settles in the West, NRIs are continuously diverting their funds into the Indian markets. But then, they are driven solely by good economics, and perhaps not love for dear motherland.

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Source IIPM-Editorial,2006

The brides and the prejudices!

NRIs’ growing investment trends portray faith in the market returns, rather than in the country itself
NRIs, for long, have stayed away from the country on the pretext of chronic economic, political & social shortcomings. As the sun dawns on India & dusk settles in the West, NRIs are continuously diverting their funds into the Indian markets. But then, they are driven solely by good economics, and perhaps not love for dear motherland.

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Source IIPM-Editorial,2006

Brazilian Embraer

RESEARCH AND PUBLICATION, IIPM KNOWLEDGE CENTRE

No wonder, the only other aviation player in the world is Brazilian Embraer, which is a small fry compared to Airbus and Boeing. Is there any lesson somewhere here for ASEAN nations to take the plunge and challenge this last manufacturing monopoly?

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Source: IIPM Editorial-2006

Bharat Nirman Fund launched

Canara Bank has roped in Small Industries Development Bank of India (SIDBI) along with five other nationalised banks – Allahabad Bank, Indian Overseas Bank, Corporation Bank, Oriental Bank of Commerce, and Vijaya Bank; to launch a venture capital fund – Bharat Nirman Fund. The fund, set up with a corpus of Rs.550 million is to be floated by Canara Bank’s subsidiary – Canbank Venture Capital Fund (CVCF). This new fund has been set up with an aim to promote entrepreneurial ventures and to give a much needed thrust to manufacturing and services. Canara Bank has become the leader of the pack of nationalised banks and invested Rs.150 million for the fund, while Rs.100 million has been chipped in by both Oriental Bank of Commerce and Vijaya Bank. The remaining two banks and SIDBI invested Rs.50 million each for the fund.

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Source: IIPM Editorial-2006

IIPM-PRESS CENTRE ARTICLE AND EDITORIAL

This reflects the gross failure in implementation of the schemes resulting from the laxity of the States. Disappointingly, only 8 states reverted back to the report made by the joint group, which was formed to re-examine the failure.

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Source:IIPM-Editorial,2006

BSNL ringing in the money

RESEARCH AND PUBLICATION, IIPM KNOWLEDGE CENTRE

The largest telecom service provider in the country, Bharat Sanchar Nigam Limited (BSNL), has posted a record profit of Rs.101.83 billion in the half year ending September 30, 2005, a rise of 70% over the previous year. In terms of profit, it is second only to oil behemoth Oil and Natural Gas Commission (ONGC), which earned for itself Rs.143.39 billion. This rise in profitability is largely due to the contribution it gets from Universal Service Obligation Fund (USOF) and the access deficit charge (ADC). The telecom major recorded Rs.360 billion in revenues for the year 2004-05

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Source: IIPM Editorial-2006

Information Science and Knowledge Management (IIPM-Editorial)

Both, Information Science and Knowledge Management, have separately focussed on the Data, Information, Knowledge and Wisdom Hierarchy (DIKW) known to each discipline as the Information Pyramid and the Knowledge Pyramid respectively (Interestingly the first mention of the DIKW hierarchy is credited not to an information scientist but to the poet T.S. Eliot).

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Source:-IIPM-Editorial,2006

Europe Violence(IIPM Article)

The London bombings, French riots, Jordan bombing et al have all the same ‘radical’ roots, emerging from the displeasured youth of the minorities. Even though around 15 to 20 million Muslims and other minority groups call Europe their home and make up 5 per­cent of its total population, they have still not been granted citizenship rights.

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Source,IIPM-Editorial,2006

Finally! Podcasting their way to emancipation

The Chinese ride the technology wave to find their voices like never before
SHANGHAI, China – And you thought the Cultural Revolution was over. Sorry, it’s just beginning; only China’s new Cultural Revolution will be driven this time from the bottom up – by podcasters with Apple’s little white iPods or competing players, not from the top down by Maoists with Little Red Books.

Yes, I know, I am a little ahead of myself.Very few Chinese have ever even seen an iPod, so the podcasting that does exist here is largely done through PCs (Pod­casting is the technology that enables in­dividuals to produce their own poetry and songs, videos and photos, and upload them onto a podcasting Web site, then offer this content to anyone who wants to sample it or subscribe to it).

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Source, IIPM-Editorial-2006