Tracking the pulse of adrenaline

In fact, pilgrimage sites like Rishikesh and Haridwar have begun to be frequented more, as Singh further elaborates, “Trekking and river rafting are the most popular, but of late vacationers aren’t any less keen on other adventure activities like skiing or rock climbing, etc.” As more and more travellers set out to explore and avail of some high-altitude action, don’t get left behind in the pursuit of a little thrill-in-the-chill!!

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Source: IIPM Editorial, 2006

The Western world teaches the Chinese... to devastating effect

Currently, almost 700 colleges are running with myriad foreign collaborations in mainland China. Schools like MITSloan, NUS-Singapore et al have been successfully running their programmes; in the pipeline are INSEAD & Columbia Business School, to name a few. Even the average $60,000 annual retainer to attract quality faculty from world over is a benchmark exercise.

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Source: IIPM Editorial, 2006

The Western world teaches the Chinese... to devastating effect

Currently, almost 700 colleges are running with myriad foreign collaborations in mainland China. Schools like MITSloan, NUS-Singapore et al have been successfully running their programmes; in the pipeline are INSEAD & Columbia Business School, to name a few. Even the average $60,000 annual retainer to attract quality faculty from world over is a benchmark exercise.

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Source: IIPM Editorial, 2006

Incredible India’ high on tea tourism

McLeod Russel India Ltd. (MRIL) has marked the be­ginning of an all new concept of tea tourism in India. MRIL, a B. M. Khaitan Group com­pany, has redecorated one of its Assam tea gardens and is promoting it as “a self-con­tained entertainment sport for discerning travellers.”

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Source: IIPM Editorial, 2006

Research and Publication, IIPM Publication

While selling off its three power brands – Strepsils, Clearasil and Nurofen, seems illogical, the fact is that Boots has got a spectacular price for its sell-off, and that proves the timing for sale was excellent. While investors welcome the special dividend, Boots must now leverage its Al­liance tie-up to enhance its retail strength in Europe. Definitely a time to make the buck roll.

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Source: IIPM Editorial, 2006

Research and Publication, IIPM

Sales of dollar two billion by 2007! Doesn’t it sound a little overambitious? Especially when one sees how Ranbaxy’s strategy of concentrating on the US market seems to have backfired with profits dipping due to various reasons. Hailed as the true Indian MNC, the US market has been the cornerstone of Ranbaxy’s growth. In fact, Ranbaxy has been operating in almost all the top markets for generic drugs and more than 70% of the company’s revenues come from overseas markets. But Ranbaxy reported a dramatic 47% fall in its net profits for the quarter ended June 30. Net profits dropped from Rs.1.97 billion in the last quarter to Rs.1.01 billion.

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Source: IIPM Editorial, 2006

Wachovia to gobble Westcorp-IIPM News

Wachovia Corporation, one of the leading financial ser­vices providers in the US that caters to retail, brokerage and corporate customers, hasagreed to acquire California - based Westcorp, one of the largest independent automobile finance companies in the country. The deal worth $3.42 billion is expected to close in next year’s first quarter. The Westcorp acquisition will add 8,500 automobile dealer clients, close to 920,000 customers and 19 retail banking offices in Southern California, to Wachovia’s kitty…

Source: IIPM Publication

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