The Blunt trap!

IIPM PUBLICATION

The Parent Trap star Lindsay Lohan has been linked with a host of men – from Calum Best to the nanny-lover Jude Law – and the latest to join the long list is the British crooner James Blunt. While his songs like You’re beautiful can melt any girl’s heart, Lindsay seems to have worked her charm on him too. The two were spotted together outside a Hollywood nightspot, and apparently also spent the night at Lindsay’s place. But Blunt does seem like one of the current most-wanted men in the circuit, and we would not be surprised if he changes the track to Goodbye My Lover soon!

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Source : IIPM Editorial, 2007

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

Throes of a super hero

IIPM MANAGEMENT INSTITUTE

If poor insurance base is the area of concern in India, then developed countries are reeling under high health costs. USA has an annual health spend averaging $2 trillion; yet expensive health cover is playing havoc on citizens. According to NCHC, insurance premiums skyrocketted by 7.7% two years ago, making it difficult for a normal citizen to avail health benefits. When premiums rise two times faster than the prevailing inflation, then sustainability becomes an issue. European countries spend close to 10% of their GDP on healthcare, yet citizens have to sometimes shell out more money to stay medically insured. There is a higher rate of bankruptcy in the West due to high insurance premiums than anywhere else. Interestingly, even though developed countries boost of a high human development indexes, citizens are consuming lesser in order to save & pay for medical insurances. This tendency has significant repercussions on these economies as lower demand leads to lower production and so on. It costs $12000 annually for a person to stay insured in the US, in India it takes a little over a $100!

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Source : IIPM Editorial, 2007

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

The Minds At Work

MANAGEMENT GURU

What works in Bharti’s favour is its intrinsic strength. While industry ARPUs are declining, Bharti’s ARPUs at Rs.427 in the quarter ending December 2006 outshine Hutch (Rs.380) & Reliance (Rs.365). And with mcap of Rs.1.44 trillion (March 30, 2007) & cash flows of Rs.3.3 billion (quarter ending December 2006), the group has little liquidity constraints. John Joseph, Head, Corporate & Infrastructure Ratings, CRISIL Limited (which rates Bharti as stable), elucidates to B&E, “Rating reflects Bharti’s sustained leadership in the Indian mobile telecom market. .. However, like all other players the company is exposed to technology, competition & policy risks.” The agency also expects Bharti to fund a large part of future expansion requirements internally.

So while Vodafone prepares itself to unleash mayhem, Bharti’s success will now depend on how the new, dedicated divisions move ahead under their respective chieftains. But to their advantage goes, foremost of all, the fact that they will continue to be led by the man with the ‘beautiful mind’ and the Midas touch – Sunil Bharti Mittal.

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Source : IIPM Editorial, 2007

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

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And the Paramount picture is...

MANAGEMENT GURU

Once upon a time, men tried to build a tower, the Tower of Babel, that went all the way up to the heavens. Angry at such an attempt, God disrupted their work for good by throwing in the trick of different languages and thus making communication impossible... The third of Alejandro González Iñárritu’s ‘death trilogy’, Babel portrays the confused state of the world, divided by language, race, religions, wrestling with issues like terrorism and through it, he invites people to really begin understanding each other. The story travels from Santiago to Tokyo, tracing broken families amid a cacophony of dialects and urges us to rise beyond the manic modern world. Brad Pitt, Cate Blanchett and Rinko Kikuchi deliver powerful performances. Babel is a notable attempt and a beautiful one at that. For producing a fi lm as stirring yet risky as Babel, Paramount Vantage deserves the Best Picture trophy, no questions asked.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

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