Sealings have put Sheila Dixit’s political future at stake

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Nikita Khrushchev once said, “Politicians are the same all over. They promise to build a bridge even where there is no river.” The saying categorically matches with the sealing of commercial establishments in residential areas being pursued in the country’s capital.

The Sheila Dixit Government in Delhi, which had promised a whole galaxy of mandates while seeking re-election, refutes the charges of being responsible for the city’s dismal state. The state of affairs where government has to demolish the illegal construction at court’s instructions and irate shop owners pelting stones at police force, speaks of the kind of control and governance in Delhi.

The nexus that allowed the mushrooming of these illegal constructions, however, continues to thrive freely. While the urban population, which was the beneficiary of the construction suffers, the government officials who turned a blind eye and abetted the illegal construction, obviously for a price, have got away without punishment.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
Hindustan Times Article - Publisher goes underground
Rashmi Bansal (Editor of JAMMAG)
Rashmi Bansal (Publisher of JAMMAG)

TO FOLLOW OR NOT TO FOLLOW...

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The multiplex owners in India are following the path taken by hotels and airlines in the country by slashing down on the frills. PVR Ltd, the leader in films exhibition and one of the biggest competitors for Adlabs, expressed its clear intentions of setting up a string of budget multiplexes across the nation with tickets that would be priced between Rs.40 and Rs.60 called ‘PVR Talkies’. Not surprising though, these theatres are all set to mark their debut in non-metro towns to maintain the premium nature of the PVR brand in the big cities. The question is – will AFL follow suit?

Regarding AFL’s plans in non-metros, Manmohan Shetty, CMD, Adlabs reveals, “Since so many new players have come, it is not only a quality benchmark anymore; it is also a financial benchmark that comes into play. We are having a constraint to not do certain things because there is a constraint as to how much you can invest in one multiplex or on one show or per screen and it is also about what we call a commercial constraint.” AFL would be missing out on a massive opportunity though. With domestic theatrical revenues set to grow at 17% annually to touch Rs.86 billion in 2010 from the current Rs.34 billion according to KPMG analysts, AFL should focus heavily on their exhibition business. AFL’s move to tie up with renowned filmmakers like RGV, Ramesh Sippy, Prakash Jha and Vipul Shah for co-production is a step in the right direction. To this, Manmohan Shetty pronounces, “We thought of partnering with filmmakers who have their own ongoing projects and tie-ups...” AFL will be acquiring a majority 51% stake in Synergy Communications Pvt. Ltd. (announced on September 7, 2006), which is known for the popular Kaun Banega Crorepati. This move indicates its intentions for the TV content-production business, which is currently growing at 15% annually and contributed over 60% to total revenues of the Indian entertainment industry in 2005.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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...Or be ACC! India’s largest!

Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

The trinity that triumphed...

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Day upon day, this band of merry men on a mission charted a course across the unspectacular countryside terrain, with only one feature catching the eye; that of orderly crowds straining to catch a glimpse of these (then) modern-day heroes. Gandhiji propagated his message at every given opportunity, and the impact he made was profound not just because of his innate simplicity, but the austerity with which his satyagrahis chose to go about their sojourn. “Gandhiji insisted on following Sabarmati’s routine; prayers were offered twice a day and everyone had to spin the charkha too”, claimed my garrulous Gujarati pal. A horse was procured for Gandhiji keeping in mind his advanced years and the distance covered daily, but he scoff ed at the idea, instead opting to rough it out with his comrades, so much so that the satyagrahis even shunned monetary contributions. Acts such as these helped Bapu marshal public sentiment.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative


Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)

...Or be ACC! India’s largest!

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ACC was an upshot of the coming together of ten cement companies under one parasol way back in 1936, at a time when terms like mergers and acquisitions didn’t even exist. Right from its derivation, the company has been involved in the task of taking the Indian cement industry to newer heights. Since its seven decade long journey, this company has gone through many hands from Tatas to GACL to Holcim, but still its operations never suffered, which gives an insight of how effective, efficient and dedicated ACC’s management has been. Today, by being part of the international Holcim group, the company looks forward to a smooth integration, relying on the anticipated synergies.

And now, N. S. Sekhsaria, Chairman, ACC, comments, “I believe that the company stands at another important threshold – one that can open up global benchmarks for performance.” Threshold it sure is! For the six months ending June 2006, ACC’s sales stood at Rs.31.84 billion (growth of 16%) and profits touched Rs.6.43 billion, roughly twice the figure registered in the previous year. At ACC, cement accounts for maximum business, followed by refractory and ready mix operations. The company dominates around 12.8% of the total market in FY 2005-06, although market share declined by 0.4% as compared to the financial year 2004-05.

The installed capacity of the company is 20 MMT, making it the largest cement company in the country. It has 14 cement factories under its belt. Furthermore, a well laid out channel network across the nation makes ACC a tough contender to be dealt with. With an army of more than 170 warehouses and 9000 dealers – which makes sure that the produce reaches every nook and cranny of the country – Associated Cement Companies is our sectoral #1!

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Source : IIPM Editorial, 2006, Professor Arindam Chaudhuri's (Renowned Management Guru and Economist) Initiative

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Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)