Dizzying heights

IIPM MANAGEMENT INSTITUTE

Comments Marc Faber, noted investment guru and columnist for B&E, “The latest housing boom (1998-2006) was far larger and reached higher extremes of speculation than any previous post-Second World War boom...” And he also projects that the downturn that is going to follow will be as severe, if not more than previous peaks. The ripple is being felt across the Dow Jones and the S&P Index as well. Indeed, the recent $36 billion acquisition of Equity Office Properties (office property owner) by private equity firm Blackstone Group was a rare burst of good news. But the fact remains that the Fed will be compelled, sooner or later, to take some drastic softening fiscal measures in order to bring the sector back on track. While there are signs of cooling off in the EU as well, the blow hasn’t been so severe. Asian markets, on the other hand, are in a buoyant stage, despite some corrections from time to time, largely because of the growing Asian economies.

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Source : IIPM Editorial, 2007

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

1, 2, 3... the battle continues for PS!

MANAGEMENT GURU

So considering the superior nature of the product, tech pundits are upbeat about the future of the PS3, just as Paul O’ Donovan, Principal Analyst, Gartner, exclusively stated to B&E, “PS3 is expected to gain the dominant position in the market in the next 12-18 months, depending on the number of PS3 titles being available, Sony Computer Entertainment’s (SCE) ability to reduce the retail price of the console, and SCE’s ability to bring out new game packages to compete with the Xbox 360 & Wii...” Even in terms of sales record of their previous versions, SCE scores over Microsoft , as PS2 sold 111 million units between 2000-2006 as compared to Xbox 360’s 24 million units and Nintendo’s game Cube’s 21 million.

Surely with its delayed launch on March 23, 2007, in Europe, the PS3 has already broken all records by selling 165,000 consoles in UK in a matter of just two days. And with a product superior, SCE looks all set to give a ‘KO!’ to all competing gaming consoles.

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Source : IIPM Editorial, 2007

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

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Parryware Roca in for a luxury bath...

MANAGEMENT GURU

Parryware Roca a 50:50 Joint Venture between Murugappa Group and international sanitary ware major Roca has big plans lined up for the country. On cards is – expansion and acquisitions for which the company has outlined an investment of Rs.7.5 billion (€130 million) in next two years. Both, national and regional brands are being considered for acquisitions as the company aims to acquire a 10% market share of the Rs.1 billion organized market within two years. This JV which has just launched its first range of premium bathroom and sanitary ware (at Rs.1,50,000 onwards) is also planning a retail foray. 20-30 showrooms will be opened in the next two years as the company also kicks off its manufacturing facilities.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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

For More IIPM Article, Visit Below....
Management Guru 's Speak on IIPM
IIPM going global
IIPM Management Guru India, Planman Consulting India
Management Guru 's Message
IIPM : EDITORIAL & RESEARCH
The maverick management guru
IIPM Alliances
IIPM Academics : Curriculum
On "IIPM - Arindam Chaudhuri - Planman"

Time to keep his word?

MANAGEMENT GURU

Venus is a tale about an old man and a young uncouth girl, a tale about the last great romance of a Shakespearean actor living his last days, fearless and spirited as ever. As he woos the lady quoting sonnets and taking her shopping, Maurice, played by Peter O’Toole, moves us to tears at times, and at others his witticisms provoke peals of laughter. O’Toole is 74 years old and this is his 8th nomination for Best Actor in a Lead Role, and from the moment Maurice’s eyes pierce through your heart, you know this is the role that will finally clinch the Oscars for him... Presented with an Academy Honorary Award in 2003, O’Toole famously attempted at refusing the honour by sending a letter saying that he was “still in the game” and would rather wait and “win the lovely bugger outright!” And with Venus, O’Toole for us has already made the golden statuette rightfully his!

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Source : IIPM Editorial, 2007

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