Intel's Core 2

Quad Core, which essentially implies four identical processing units embedded in one processor chip is the next line of high performance processors based on Intel’s Core 2 (code named Conroe) architecture. Both Intel & AMD are now relying less on increasing clock speeds and are expected to compete on the multi-core platform (there is market speculation that processor clock speeds are hitting a speed bump due to technology constraints). Each ‘core’ of the quad-core processor has a relatively modest clock speed of 2.66 GHz. But Intel has taken the lead in the desktop arena in terms of dual core. The quad-core version promises a performance enhancement of more than 80% over the dual core range.

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Source : IIPM Editorial, 2006

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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IIPM RANKED AHEAD OF FIVE OF THE IIMS

NO ROOF OVER LAFARGE’S HEAD

In a move directed towards concentrating on its core business and cut costs by $528 million by 2008, Lafarge SA, the world’s biggest maker of building material, has sold its roof tile unit to Paris-based private equity firm PAI Partners, for a consideration of $3.18 billion. PAI Partners will also inherit debt and pension liabilities worth $555 million. The French construction group will eventually buy back a 35% stake in the new roofing company for $284 million. By disposing off non-core assets the company plans to generate cash worth $1.98 billion over the next three years. Meanwhile Lafarge, which employs 80,000 people in 76 countries, posted sales of $21 billion in financial year 2005.

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Source : IIPM Editorial, 2006

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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Automotive Sector

Other big time sectors that emerged included the automotive sector that witnessed almost a hundred launches in a short span of 10 years. Brands like DaimlerChrysler, BMW, Audi and Ford are all present in the country. Home-grown manufacturers like Tata Motors and Mahindra took to the market and evolved as well. Auto-ancillary industries like Kalyani and Sundaram Fastners became multi-million dollar companies in their own right. The post liberalisation survivors, actually became leaders!

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

COPPER & GOLD GO FOR THE DODGE

In a friendly merger Freeport- McMoRan Copper and Gold Inc. has agreed to acquire its US mining rival Phelps Dodge Corp. for $25.9 billion in cash and stock. Following the world’s biggest mining takeover, the stockholders of Phelps Dodge will get $88 in cash and 0.67 share of New Orleans-based Freeport. The new entity would have reserves amounting to 75 billion pounds of copper, 41 million ounces of gold & 1.9 billion pounds of molybdenum, making it the world’s largest publicly traded copper manufacturer overtaking BHP Billiton, and may end Phelps Dodge’s battle with rebel shareholder Atticus Capital (a New Yorkbased hedge fund with $11bn in assets). Phelps Dodge is the world’s third-largest copper producer, with mines in the US, Chile & Peru.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

NEW TECHNOLOGY

New technology will not only reduce the requirement for manpower, but it will also standardise the processes and improve the efficiency dramatically. In future, the outsourcing of tasks will play a major role. Worldwide, hotels manage to save millions of dollars per year by outsourcing activities like restaurants, security, accounting, housekeeping, amenities, maintenance, etc. In India outsourcing is usually limited to maintenance, very soon the portfolio of outsourcing activities has to be extended.

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Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

LET THERE BE LIGHT...

Just when we thought that power to light our homes was a luxury; Larson & Toubro announced an agreement with Mitsubishi Heavy Industries (MHI) of Japan, for technology transfers and intellectual property sharing. MHI is one of the leading industrial houses with turnovers exceeding $25 billion. This agreement is running parallel to the power crunch the country (especially the northern region) is facing for the past few years.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006