Who am I?!?

IIPM MANAGEMENT INSTITUTE

Chakmas have no nation... sadly

On August 15, 1947, the Indian tricolour went up in the Chittagong Hill Tracts (CHT); but fate, rather the British, had something else in store. Sir Cyril Radcliff e, head of the Boundary Commission, awarded the CHT to Pakistan. On August 18, the Pakistani army marched in, pulled down the Tricolour, and hoisted in its place the star and crescent Pakistani flag. The region has experienced trouble since then. In 1972, operations by the Bangladeshi army in the region led to a mass departure of Chakma refugees into the neighbouring Indian state –Tripura. Today, these Chakma refugees live in feeble settlements, while the United Nations High Commissioner for Refugees does not consider them as refugees. All they receive from the Indian government has been the measly daily quota of 400 grams of rice and some money for survival. Recently in 2004, and after decades of demands and protests, the descendants of the Chakma refugees (who were born in Arunachal Pradesh between 1964 and 1987) were included in the voters’ list. Still, these stateless people live in utter misery. Bangladesh refuses to accept their existence while their citizenship claims have been denied by India as well. Concerted diplomatic efforts are then urgently required for them.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Spiderman creates history; yet again!

IIPM Alliances

Marking another glorious page in the history of Hollywood, Spiderman-3 has beaten all the previous records and captured the crown of ‘widest opening’, as it was launched in 4,252 theatres. It is also the highest first-day grosser in the North America. The previous record of The Pirates of the Caribbean: Dead Man’s Chest ($55.8 million) was outdone by Spiderman-3 as it amounted to a total collection worth $59.3 million. And yes, that’s not all, the aficionados have some more to look forward to from the kitty of Sony Pictures Entertainment, as already in plans is Spiderman-4.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Nokia nukes all competition!

IIPM PUBLICATION

Wanna view slide shows while on the move but without the hassles of carrying a lap top? Then Nokia N95 is just for you. It’s equipped with a 5-megapixel camera and the Carl Zeiss optics facilitate real-life imagery. The gizmo also comes with a well-designed package that enables the user to browse the internet, listen to music, watch slide shows, all without compromising on any feature. And there’s more! This incredible phone has a search application whose service is available across 8 cities in India, giving location details of popular spots in each of those cities. Get ready to shell Rs 40,249 for this fully-loaded Nokia phone.

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

Bank... of India & growth

IIPM MANAGEMENT INSTITUTE

Strict credit monitoring, organizational restructuring coupled with various tools has helped the bank

Prudence and caution are the only religions at Bank of India (BoI). A multi-pronged strategy of strict credit monitoring and organisational restructuring, coupled with various strategic tools, has helped the bank in attaining desired results. Consider their positioning: Bank of India – Rishton ki jamapoonji. Add to that some great advertising that tugs emotions and this bank is certainly going places. With a strong pan India presence and over 20% of its total business coming from overseas operations, BOI continues to sail smoothly on a strong growth trajectory. For FY 2006-07, the bank not only posted a 60% surge in its net profit, but has also been able to enhance its asset quality by bringing down NPAs.

Nowadays BoI is keeping very busy, what with a plethora of acquisitions, strategic alliances, international expansions, capital augmentation, new product launches, et al. A 76% stake in an Indonesian bank, a joint venture with the largest Japanese Insurance company, 63 new branches, a new branch at Antwrep, Belgium, online share trading services and many more... Market watches are now wondering – what’s next?

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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