English roses on Sunset Boulevard

IIPM MANAGEMENT INSTITUTE

Pirates and Mossgate: A tale of two Ks!

Two British beauties – one who has ‘bent’ it in style in the UK movie scene and consequently Hollywood, and the other Moss who has gathered a few dazzling stones as she has rolled along in her ‘super’ modelling career. Together they represent the new wave of dazzling British celebrities and are proudly at the forefront as the most recognizable faces of that clique. We, if you have ignored the hints till now, are talking about Keira Knightley and Kate Moss. Kate Moss represented the new wave of super-models and was known almost as much for her pencil-thin figure as her drop-dead gorgeous looks. A face that has been worthy enough to launch the thousands of campaigns and dozens of top notch brands that it has, Kate started her career in 1988, when she was discovered by the founder of Storm Model Management at the JFK Airport!

At that time Keira was still a kid with severe problems in reading and writing (though officially never classified dyslexic), but that did not stop her from asking forher own agent at the ripe age of three! She overcame her limitations with enormous effort and took up acting on the side. Perhaps acting was in her genes, after all actor Will Knightley and playwright Sharman Macdonald are her parents! She got her wish of an own agent as she turned six and did small roles on TV and a few movies (mostly in her summer holidays).

Meanwhile, Kate catapulted to the status of a super-model and walked the ramps of the fashion capitals of the world. Her weight, or the suspected lack of it (“I am not anorexic,” she always maintained) made her almost an anti-supermodel, contrary to the curvaceous look that the others (like Cindy Crawford, Caludia Schiffer, Naomi Campbell) carried.

Keira was first noticed as the British friend helping a girl of Indian origin realize her dream of playing football in Parminder Nagra’s sleeper hit Bend It Like Beckham. But her piece de resistance was the portrayal of Elizabeth Swann in the Pirates movie franchise that flipped her fortunes overnight. Like a pirate stumbling on a treasure chest, she almost stumbled on to the role as she reported for the auditions in London very late (caught up apparently in a traffic snarl).

Meanwhile, Kate Moss’s career rocketed along as she signed up prestigious campaigns including Gucci, Dolce & Gabbana, Louis Vuitton, Versace, Chanel, and Calvin Klein. And there didn’t seem to be a survey left , which had not categorized her as one of the sexiest women in the world! What rocked her world though was the outbreak of the ‘Cocaine Kate’ scandal when the London tabloid Daily Mirror ran a picture of her sniffing cocaine. She immediately issued an apology conceding that her behaviour reflected badly on her family and friends but did not admit to drug abuse. Whispers of that had been abound for almost a decade since she checked into a psychiatric centre in 1998 due to ‘exhaustion’. It was speculated that the real reason was depression resulting from her separation with long-time boyfriend Johnny Depp.

Kate’s ex-boyfriend played a critical role in Keira’s career, as Pirates of the Caribbean swept the box-office worldwide with Captain Jack Sparrow’s antics quickly building up a super loyal fan base. The positive externality was that everyone took notice of Keira as well and soon she was one of the top of wanted lists from producers. And just like Kate, she started making it to those ‘sexiest’ lists as well. The fresh-faced girl with a cute British accent had arrived, and how! People fell in Love, Actually and the affair continues full bloom at the box-office as she looks ahead to life beyond the Pirates franchise.

Meanwhile, Kate is gathering no ‘Moss’ at all as she makes a spirited comeback putting all the controversies (the drug charges were dropped due to lack of evidence) behind her as she launches a new line of clothes for the ‘Topshop’ chain.

The British beauties remain as alluring, attractive and sought after as ever!

Edit bureau: Tareque Laskar

Source : IIPM Editorial, 2007

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

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Relying on Mukesh

IIPM PUBLICATION

RIL is expected to continue on its aggressive growth path, and set new benchmarks

When it comes to Indians and food, the word “Fresh” has a universal appeal, and smoothly supersedes every credible constriction construed under the sun. If it has to be eaten, by simple logic, ‘fresh’ is how the Indians love it.

As Reliance Industries Limited (RIL) finally got off with its gargantuan retail foray in the financial year 2006-07 with a food retail chain named Reliance Fresh, a powerful connection was established for the incorrigible ‘freshness conscious’ Indian at the outset. A connection that is pan- Indian, just the way Mukesh Ambani plans to make Reliance Fresh a household name across India (RIL currently has 138 Reliance Fresh stores in place), which is, in turn, a stepping stone to his becoming the Indian version of Wal-Mart. The company has also launched its foray into consumer electronics with Reliance Digital.

Grandiose is how Mukesh Ambani envisions every one of his old and new ventures, and lately he’s been quite preoccupied with setting up new behemoths that should one day be living examples on their own. And with the kind of numbers RIL shows up on its balance sheet, one wouldn’t dare to doubt Mukesh’s exuberance as evident from his investments, as the financial year 2006-07 proved yet again.

Despite facing volatility in the prices of crude oil, an unexpected incident at the Jamnagar plant, production loss owing to floods at the Hazira unit, Reliance Industries came out triumphant by creating a new chapter when its net profits crossed Rs.100 billion mark, exports that surpassed $15.02 billion and a turnover that stands at $25.51 billion. Mukesh Ambani, CMD, Reliance Industries, while speaking on the announcement of his company’s results sounded ecstatic, “2006 – 07 has also been an eventful year for the company. While our petrochemicals & refining business recorded its best ever performance, we have made substantial investments in our future growth engines such as E&P and retail...” As on June 7, 2007, the RIL scrip closed at Rs.1669.15, pole-vaulting by over 100% year on year. On May 28, Mukesh’s personal valuation in RIL made him the first trillionaire of India.

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Source : IIPM Editorial, 2007

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

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Ambitious Ambanis!

IIPM MANAGEMENT INSTITUTE

Read on to know the latest about India’s famed fable…

If it’s true that Dhirubhai Ambani infused life into India’s moribund stock market, than it won’t be an exaggeration, if one were to conclude that both Anil & Mukesh have kept that life, that vigour & vitality very much intact.

It’s the investors that have always stood by Reliance and that’s because of tremendous wealth created by both the brothers even after the de-merger of the business. The m-cap of Reliance Industries stood at Rs.1,153 billion, as on June 8, 2007 compared to Rs.683 billion a year ago, a smart 69% increase, what else could an investor ask for?

For 2006-07, net profits of Mukesh Ambani controlled – Reliance Industries crossed Rs.10 billion mark. The turnover was up by 24% and touched $25.51 billion mark, while exports crossed the $15.02 billion mark accounting for 12% of aggregate exports from India. The net profits of Anil Ambani controlled – Reliance Communications reached $209 million and revenues at $851 million in a short span of time.

While Mukesh continues his romance with black gold, Anil has forayed intonext-gen business like Financial services & Telecom and plans to supersede some of the established players. Two different set of business lines, but in the line with investors’ expectations!

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Source : IIPM Editorial, 2007

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

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Warming up for doomsday?

IIPM PUBLICATION

From an apt mix of heat and water paving the way for new life forms to this present state of global warming, human needs and technology have consistently given the earth an increasingly deadly makeover ever since we started rolling the first wheel. Are we drawing our doom closer?

Mumbai Monsoon Madness
Although many fingers were pointed at Bombay Municipal Corporation for bad maintenance of sewage lines, it is unlikely that any amount of preparation could’ve helped on July 26 ’05. 37.2 inches of rain, all in a matter of 24 hours, brought the entire city and other parts of Maharashtra to a standstill. Such was the magnitude of the downpour that parts of Bengalooru and Rajasthan too were affected. Pune based Indian Institute of Tropical Meteorology did a study and found out that although the average rainfall in India remained pretty similar, rainfall patterns have changed drastically over a period of around 50 years. It showed increase in heavy rain events and its frequency and a decrease in moderate events, especially in central India.

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Source : IIPM Editorial, 2007

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