It’s called camel mentality

Some call it being horse-headed; that is, the attitude
of Mutual Funds to not focus on the retail investors... If numbers could speak, then they would provoke more questions than present answers about the state of the Indian Mutual Fund (MF) industry. The MF industry has current Assets Under Management (AUM) standing at a huge Rs.4.86 trillion (a little over $100 billion). Creditably, in the last year and a half, the AUM of MFs have actually doubled (AUM stood at Rs.2.30 billion in March 2006) due to factors including record New Fund Offers (NFOs; more than 60% of which have underperformed as compared to their benchmark indices) and the robust rally at the Dalal Street. Then why is it that M. Damodaran, Chairman of the market regulator SEBI, remarked sometime back that the MF industry “seems to be prematurely patting itself on the back.” Consider this statement in the light of findings of the ‘Invest India Incomes and Savings Survey 2007’ produced by IIMS Data works – a government think-tank – which has revealed some startling figures. Out of 321.38 million paid workers in India, only 5.3 million are mutual fund investors – a trifling 1.65%!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

The man of honour brews a strong cuppa

VINITA BALI... MD, Britannia Industries Limited
If you could imagine a jungle full of biscuits, guess there’d be no tigers around! Wonder why...
The cookie in a man’s world, Vinita Bali, has been a stalwart in this FMCG space ever since the start of her career when she launched the No. 1 softdrink concentrate of India, Rasna. A Jamnalal Bajaj alumna, Vinita joined Britannia Industries in 2005 after having spent some years at biggies like Cadbury & Coca Cola at top management positions. Known to be an approachable & helpful leader, Vinita has proved her mettle in Indian corporate circles where there is a scarcity of ‘ladies on top’! Talking about her achievements, Aniruth Joshi, FMCG analyst, Anand Rathi said, “With the way Britannia has changed in the last 2-3 years, I think the credit goes to her. She has played a major role in the entire restructuring by adding variants.” Half a dozen new launches in the market & appreciation in revenues and profits (by 13% & 7% respectively) over last year – despite the dense organised and unorganised competitive forces – are enough to prove why she’s contemporary & why Britannia owes it all to her!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2008

An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist)

RELIANCE INDUSTRIES

Mukesh Ambani has his fingers in many pies, but presently they all taste yummy!

You can call him a ‘maverick’, for he strays too far away from conventional wisdom, but chances are that the larger-than-life Mukesh Ambani will simply ignore you, as he charts future successes for Reliance Industries. Be it his foray into the petrochemicals, exploration or organized retail, with every step Mukesh Ambani reiterates his ambition to dominate. “Our integrated and globally competitive portfolio continues to help RIL de-risk its business model and deliver superior operating performance,” avers the senior Ambani. Yet, market watchers have apprehensions regarding his bull run. Analyst Raj Gandhi of UTI warns: “The execution of these many projects might become a headache for Reliance in the long term.” Analysts may cry themselves hoarse, but with a record turnover of $25 billion for year ended March 31, 2007, Reliance Industries will be dictating the trends of the industry.

For complete IIPM article click here
Source:- IIPM Editorial, 2008
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

Live it up & pen it down

Pooja JAIN... is smart and sassy and she also knows how to make work fun!

While inheriting a readymade business may not be a tough nut to crack, the accomplishment of making Luxor the market leader in India is hers alone. As Executive Director, Luxor Writing Instruments since 2005, she has catapulted the Group to a Rs.300 crore entity, boasting world-class brands like Parker, Waterman, Paper Mate and Pilot. The Group is also the largest exporter in this segment, exporting to over 110 countries and has maintained its position for three consecutive years.

Other accomplishments for Pooja include setting up the Business-to- Business (B2B) division of the Luxor Group and launch of new products like Planet Sports. Pooja told 4Ps B&M: “Planet Happy is more than just a pen and I would rather put it as colouring, learning, fun product.” Crediting her passion and constant innovation for her success, Pooja’s next big plan is for her chain of designer stationery stores called ‘Signature’. Achievement for her goes way beyond awards and she is extremely proud of the acclamation that her products have got.

In addition to her responsibilities in the writing instruments business, Pooja is also leading the Group, under the guidance of her father, into other diversified businesses like hospitality, real estate and broadband. One advice that she would happily give to today’s working women is to, “Never Give Up!”

For Complete IIPM Article, Click here

Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank
The Sunday Indian