DECCAN DANGEROUSLY RUNNING OUT OF FUEL?!?

Air Deccan, India’s first no frills low cost airlines is facing turmoil now, which was disclosed in its financial result. It earned a whopping Rs.340.55 billion loss for the fifteen month period ending June 31, 2006! This is the first time that the company has disclosed its finances after going public this year. Worse enough, its parent company Deccan Aviation too posted a loss of Rs.2.30 billion during 2005- 06. The reasons for the losses were pretty obvious – rapid expansions, a mixture of fleet and illogically low fares, which has resulted in the total operating costs to swell! The low cost carrier is also in the process of raising Rs.5 billion from banks for its immediate capital expenditure purposes, but most importantly it has to understand that it will have to discontinue operations very soon if it does not act more sensibly in the short-term.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

WHEN PIGS FLY, THE HOG WILL DIE

Some people chase girls, others drown themselves in their beer mugs, and then there are those who get turned on by the sound of their motorcycle engines... The wind in their hair, a leather jacket on their back, riding their Harley into the sunset without a care in the world... It’s the kind of romance that’s made many a man feel literally on top of the world, as he and his baby conquered the winding roads of hills and mountains. And just like every man gets a kick out of showing off whatever he has on his arm (whether it is a tattoo or a ‘Tanya’), these bikers converge to share and bolster their common passion giving shape to many motorcycle clubs and well even the 1%’ers. From China to California, these ‘easy riders’ rule the roads and in the coming month, there’s plenty of action in store! Lending a competitive edge to this hobby, have been the numerous rallies to which these bikers are pulled like bees to a flower.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Textile Manufacturer

While cement is the mainstay, Grasim has a presence in other businesses as well. Having started as a textile manufacturer way back in 1948, Grasim’s other businesses encompass chemicals, cement, textiles, Viscose Staple Fibre (VSF) and sponge iron, and holds prominent position in the aforementioned businesses. The consolidated revenues for the quarter ending June 2006 saw a jump of 29% and stood at Rs.31.96 billion. Net profit increased by 47% from Rs.2.96 billion to Rs.4.35 billion. The focus on its cement business is clearly understandable if you see sector-wise revenue break up. Cement contributed 72% to the revenues and 80% to PBIDT of Grasim for the quarter.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

HEXAWARE TECHNOLOGIES LTD

FOUNDER & CHAIRMAN: ATUL NISHAR
Hexaware stands tall as a leading IT and BPO services provider with a clientele of over 40 Fortune 500 companies in its ambit. Strategic sectors from banking, licensing, insurance, financial to transportation have all been tapped and have been delivering best of results for the last decade and a half. Add to that, their spectacular tie-ups with Borland and Mu Stigma, and Hexaware has already leapfrogged a huge distance in its sphere.

For Complete IIPM - Article, Click on IIPM-Editorial Link

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

Internet And Bluetooth Technology

Made possible through the internet and Bluetooth wireless technology, various new real estate developments in India are already future proof. According to V. P. Mahendru, CMD, Indo Asian Fuse gear: “With this, homes will become much safer than ever before. These systems will also detect the leakage of water, electricity and gas and send alarms to the owner on his mobile/landline, which can otherwise become cause of some serious mis-appening.”

For Complete IIPM - Article, Click on IIPM-Editorial Link

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