This is followed 
by $287 billion in loans & bonds rated below investment grade raised by European companies, since the beginning of 2007. With PE firms and hedge funds pumping truck loads of money into debt ridden & virtually moribund companies, investors are gambling on their life. Asia too has an unusual spending story to tell. Never before in the history of Asia, people have witness such huge credit card lending boom and never before Asians have used credit cards to purchase houses. Bank for International Settlement (BIS) in it’s June Bulletin, anticipates a credit card bubble for the Asian economies, which till now has been individually experienced by Hong Kong in 2002, Korea (15% indebtness in 2003) & Taiwan (9% indebtness in 2005). According to BIS, the total credit card usage volume, increased by 200-500% in many Asian markets between 1998 and 2005. By 2005, credit card receivables in these markets ranged between 3-15% of total household lending. At a time when profits are raining, it is difficult to ring alarm bells, but prudential measures should be put in place.
For Complete IIPM Article, Click on IIPM Article
by $287 billion in loans & bonds rated below investment grade raised by European companies, since the beginning of 2007. With PE firms and hedge funds pumping truck loads of money into debt ridden & virtually moribund companies, investors are gambling on their life. Asia too has an unusual spending story to tell. Never before in the history of Asia, people have witness such huge credit card lending boom and never before Asians have used credit cards to purchase houses. Bank for International Settlement (BIS) in it’s June Bulletin, anticipates a credit card bubble for the Asian economies, which till now has been individually experienced by Hong Kong in 2002, Korea (15% indebtness in 2003) & Taiwan (9% indebtness in 2005). According to BIS, the total credit card usage volume, increased by 200-500% in many Asian markets between 1998 and 2005. By 2005, credit card receivables in these markets ranged between 3-15% of total household lending. At a time when profits are raining, it is difficult to ring alarm bells, but prudential measures should be put in place.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
dismal state, making it all the more easier for terrorist groups and especially the Naxalites and ULFA to strike at will. Moreover, the intelligence personnel oft en lack the motivation to carry on their work because of archaic compensation procedures. Unless IB and state intelligence are given more enforcement power and motivation, bribery, leakage and lethargy will make sure that perpetrators would always have the upper hand, like right now!
as the most creative laboratories on earth, providing over half the pharmaceutical products used by humankind. Yet we destroy them. The great apes of the world could become extinct in the wilds within a single chimpanzee’s lifetime, which is about fifty years. The world’s oceans are being depleted. Industrial fishing has wiped out perhaps as much as 90% of large predatory fish species such as the biggest types of tuna. Right now the fate of the whales, big cats, elephants and many other species are increasingly becoming bargaining chips on the gaming board of global economics and international pawn-playing politics.
Project Green! IBM is presently rescuing Pacific Gas and Electric (PG&E), which is estimating an 80% reduction in its energy use by shifting to IBM ‘System p servers’. “We are providing clients, the IBM action plan to make their data centres fully utilised and energy efficient,” says Mike Daniels, senior VP, IBM Global Technology Services. Though IBM might be promoting it as a Green initiative, the fact is that the whole Project Green of IBM targets to make a lot of money by helping the corporate data centres (suffering from energy constraints) with its high efficiency servers. According to analyst firm IDC, roughly 50 cents is spent on energy for every dollar spent on the hardware.
it was seen as an expensive brand, that is no longer a problem for Whisper. Now, it even wants to venture into the semi-urban and rural market, through its range of Whisper Choice brands, which is being promoted keeping in mind that target segment. K.V. Sridhar, Creative Head, Leo-Burnett, told 4Ps B&M: “The latest commercial of Whisper also encourages women to stand up for their rights. It is a great insight of what women go through and has been put across in a contemporary manner.” Here’s a dynamic brand that has moved with the times to give each woman what she wants...
was to give audience some fresh masala without completely deviating from the reigning trend of sob by soaps. The story doesn’t ends here, right after the Men in Blue returned from the World Cup after a shameful defeat; Chandra created a stir in the country by announcing a parallel cricket league at the domestic level. The move left BCCI and the cricket fraternity jaw dropped, while the cricket buff has something to look forward to. Zee has roped in Kapil Dev to head the league. However, there is still a long way to go to wear the crown again!
the rising racing and rallying inferno in the country, adding more value to the MRF brand. Moreover the company is instrumental in changing the way tyres are being sold in the country, by initiating the tyre saloon concept (MRF Tyre & Service) – all tyre services by trained professionals under one roof, helping MRF to further boost customer loyalty. However, competition from other tyre biggies in the sector – Ceat, Apollo, Goodyear – has been taking a toll, but with 25% market share, MRF continues to be a leader in the sector.
