ose car owners who want to look hip and different but neither do they have the time nor the inclination to read auto journals (to try and understand arcane terms like torsion bar) or to go on the net and do their research. So, getting right down to business, the first and the easiest way to make your car (and yourself) look attention worthy is to get a killer set of alloys. These wheels are made using an aluminum alloy and are shinier, lighter and carry far more variety than your regular steel rims. Available at almost all car garages from Rs.10,000 onwards (for a set of 5) going up to Rs.50,000, this extra bling on your car is sure to satisfy your inner gangsta. Just remember not to go overboard with the width of the alloy wheel, for example if you choose an alloy wheel more than an inch wider than your stock tyre, it will affect your fuel economy adversely while at the same time making your steering hard. Ok, now that you have those cool looking rims it’s time to do something about those stodgy halogen headlamps… there’s nothing wrong with them, expect of course that every car has them! So switch to Xenon headlamps, the latest and coolest accessory for your car which won’t blow a hole in your pocket. What’s more, they emit a very bright and eerie bluish toned light which, while making you stand out, also freaks people out (especially if you come roaring behind them, switch to high beam and watch as they squirm while their car interior glows with a unsettling bluish tinge…very cool effect!). After these two modifications just stick some inexpensive Taiwanese LED lights to the underside of your car, programmed to emit various colours at regular intervals (red, blue, yellow…you name it) and voila your car is sure to turn some heads and offend some other people (isn’t that the whole idea).For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
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automotive industry is probably experiencing the worst times, Honda has once again proved its unbeatable market understanding. The company has presence in almost all major markets with strategically located manufacturing bases. The company’s revenues for the year 2007 stood at a mind-numbing $95 billion and that too when the company is perhaps the lowest outsourcer in the entire industry. Honda is probably one of the few carmakers which manufactures its own engines (the most capital intensive component in the finished products category). What’s best, the company has always maintained its profit-earning colours. During the quarter-ended June 30, 2008, the company earned a staggering $2.1 billion from operating profits alone! Expressing the need for Honda to go forward, Takeo Fukui, Global CEO, Honda Motor Company asserts, “A new three-year mid-term plan began in April of this year. The basic idea for this plan is to establish a corporate structure necessary to sustain our strengths and that will enable us to grow globally in the future.” The company intends to restructure its operations for better performance in the long term. In order to increase efficiency and quality, Honda recently transferred production to a new plant in Kumamoto from its Hamamatsu base.
intellectual talent and institutes of higher technical education, one being the Indian Institute of Technologies (IITs). The story reads great so far, but ‘behind the scenes’ the IITs are facing an acute ‘shortage of faculty’ problem today, a situation which is only getting worse by the day!
concluded (in their paper titled, ‘The BRICs and Global Markets: Car, Crude and Capital’) that India’s market growth will be rapid with the potential for a threefold increase in car ownership over the next 10 years, might once again have to redo their work and radically change their conclusion. Well, the reason for the reconsideration being the rising raw material cost, slowing credit & signs of economic slowdown. All of these have cast a dark spell on the sector which now seems to be bearing the brunt of the economic slowdown, as well as interest rates that are rising by the day.
slowdown on M&M? VN: If there is a slowdown, naturally we will also be affected by it. However I think that the slowdown is a seasonal factor and sales will pick up eventually. Then there is the monsoon and rains, a situation where the consumer is not very keen in making new purchases.
currencies cast a fatal attack on the hegemony of dollar. The economic fundamentals of the emerging markets (EMs) were robust enough to take on the challenges and what the world witnessed was a rally of the currencies of these nations. This phenomenon has come a full circle; the five year rally is coming to an end. Thanks to the ‘monster’ termed inflation; the respective central governments are struggling to combat it. As a matter of fact, inflation in 19 out of the 26 emerging markets now exceeds its tolerance zone. The global economic slowdown is bound to impact economies that are less well positioned or underpinned by fundamentals. “Is it the beginning of currency crises in the emerging economies?” It is a pertinent question that needs to be debated. Keeping aside the self-fulfilling prophecies, the looming currency crisis can nevertheless be prevented by subtle policy changes.
from one of the world’s most glorified, albeit slowing consumer markets, the US. This came right after FMCG major Unilever agreed to sell its US laundry business to PE firm Vestar Capital Partners. Unilever’s laundry operations include some high value fabric cleaning and conditioning brands such as All, Surf, Snuggle, Wisk and Sunlight, among others. The buyer is expected to amalgamate the acquired business with Huish Detergent Inc., a group company. The new combined entity will be known as Sun Products. According to Patrick Cescau, CEO, Unilever, “It puts our North American laundry brands into a company that’s focused on the laundry category & is well-positioned to become a strong player.”
its existence only by holding summits; otherwise its impact in the region is almost zero. SAARC was born in 1985 with lofty goals, and its stated intent was to “promote the well-being of the populations of South Asia and improve their standard of living; to speed up economic growth, social progress and cultural development; to reinforce links between the countries of this area; and, lastly, to promote mutual collaboration and assistance in economic, social, cultural, technical and scientific fields.’’ But in the absence of provisions to solve bilateral contentious issues, the performance of the bloc has been below par.
the very opposite role in not just connecting people from distant regions but also in often giving a reason of commonality for people bordering the same sea. The Mediterranean region, which had in the past incubated some of the prominent civilisations like the Mesopotamian, the Greek, the Egyptian, the Roman and Turkish ones, is now again giving shape to the ascent to some of the bordering nations cutting across the continental factors. MEDA – or the Mediterranean Economic Development Area – is increasingly becoming a key economic block to reckon with.
gradually assumed greater prominence in a company's IT environment. From routing & switching, the company is now moving into areas like TelePresence, Unified Communications & WiMAX, with India playing a prominent role. Here's an in-depth analysis of the emerging dynamics on Cisco's side of the IT story
the Bora Bora Nui Resort & Spa is poised between the crystal waters and the limitless skies. The resort offers a perfect blend of authenticity and luxury.
welcome. But when it comes to performance-based incentives, their attitudes turn sour. Its been a tradition in India of not discussing the performance of top public servants. But recently, The Supreme Court gave a judgment that it’s mandatory for all authorities to disclose the content of the annual confidential report (ACR) to the employee. This will allow the employee to access every clause of ACR and will also get opportunity of raising a voice if aggrieved