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Monday, September 24, 2007

Dell over performs, rings ‘Wall Street’ bell


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TheMichael Dell, CEO, Dell expectations in the Wall Street about the financial results of Dell for the fourth quarter of this year were easily surpassed by the company which churned out revenue of $14.6 billion. Financial analysts had predicted the figures to be $13.95 billion or have per share income touching 26 cents but the company gave much higher returns per share at 34 cents. Dell has attributed the success to higher average selling prices that boosted its top line and that a senior leadership restructuring ‘to enhance accountability’ accounted majorly for its transformation. The company has also decided to globally bring down the headcount by almost 10% (9,000 employees). The last quarter’s performance stood at per share earnings of 33 cents on $14.22 billion revenue.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

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

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Thursday, September 13, 2007

Forest Fires in Canada


IIPM PUBLICATION

A Forest Fires in Canadadestructive force like a forest fire has a positive ecological role to play as well, as it helps maintain health and diversity of forests. However, rising temperature due to global warming dry up more than just the land. When dry trees and plants rub against each other due to dry winds, they display a process which helped mankind reach this far, ‘starting a fire’ but in this case it translates into a perilous pyre. The high amount of carbon dioxide (CO2) emitted in the atmosphere makes it a vicious cycle, as forest fires become both an outcome and a cause of global warming. As global temperature rises due to deforestation and industrial excesses, like its effect on other destructive natural phenomena, the frequency, intensity and the domain of destruction is amplify ed for forest fires as well.

The Forest Fires in CanadaCanadian Forest Service (CFS) has developed many advanced systems and tools which would be able to monitor and describe forest fire activities. CFS has had a research team since mid-1920s and Canada is now world’s best in forest fire research and management in a way which would help sustain a healthy forest but spectre of global warming will take some exorcising.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

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

Monday, September 10, 2007

If you have it, flaunt it

‘Carbon’ and fashionable?...Of course!

Paper‘Carbon’ and fashionable?...Of course! and plastic money are for the laymen, you cavemen! India Inc. is betting heavily on carbon money. Carbon here refers to credits (one carbon credit is equal to one tonne of CO2) that companies can earn by reducing emissions of greenhouse gases and selling them to those who need it, especially developed countries.

No doubt, emissions reduction can foster sustainable development, create clean technology in a carbon-less economy and produce local benefits among others. But really, carbon credits have signify cant monetary value for India Inc.. Companies like Reliance Energy, Jindal Steel, Gujarat Ambuja, Grasim Cement and a few others have joined the race for earning emission reduction benefits, which has the potential of bringing in annual flows of as much as $300 million into India, and all simply by incorporating technological changes, which will lower carbon emissions and will enable these firms to sell those reduced emissions (read, credits). A report by Tata Energy Research Institute (TERI) states that companies in the power business can tremendously benefit given that power transmission in India comes with a large percentage of transmission & distribution losses, which, if reduced, can automatically qualify for credits. Similarly, fertiliser companies too are suffering notional losses to the tune of 20 to 30 million euros. Firms like Tata Chemicals, Chambal Fertilisers et al have failed to take carbon advantage.

But then, which countries can Indian firms sell these credits to? “India is not amongst the Annexure 1 nations (as per Kyoto Protocol), which means that India is eligible to sell credits to those nations that are in Annexure 1,” remarked TERI’s Dr. P. P. Bhojvaid to B&E. To the chagrin of the US, India, as also China, South Korea and some others, are currently exempted from adherence to Kyoto Protocol’s emission limits! And the ‘fashionable’ philosophy visibly running around is, “If you have it, why not flaunt it?” Of course!

B&E Research: Gynandra Kashyap

For Complete
IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

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

Monday, September 03, 2007

Red + Green = Black or Brown?

Brown’s environmental friendly policies will endear him to the Brits

So what Brownie with vanillashade does the British Prime Minster-to-be Gordon Brown prefer? He was born brown but reared red (left predilections and Scottish connections made his favourite colour to be Red). The pragmatic Brown (under Blair’s New labour) has come to understand that these days blood red hardly sells. Therefore, Gordon has turned ‘green’ making it his natural choice, especially when ‘green talk’ is expected to top the charts among the public in the 2009 parliamentary elections. Desperately trying to be politically correct Gordon Brown is busy selling the idea of ‘count the carbon as well as the pennies’. According to Brown, if the public were to insulate their homes better and carry out environmental changes in their immediate surroundings, they would be in a position to save £5 a week and in turn help UK to bring down its carbon output by five million tonnes.

Putting the ‘green’ issue at the heart of his battle to win vote banks, Gordon has pledged to build ‘eco-towns’ solving both ecological concerns as well as demands for affordable housing. “Unlike President Bush, Gordon Brown is erudite and intelligent enough to understand the nuances of climate change and its impact on sustainable development. It would be harsh on Brown, if one were to ascribe all his domestic initiatives aimed at improving the climate on political expediency,” said Pervaiz Alam a former BBC World Service senior journalist, while speaking to B&E from London. And it is indeed his understanding of the implications of ignoring the climate change that is driving him in various international meets to harp upon doing something concrete about the renewable energy sources. We only hope Mr. Brown, you will continue to stick to green and not be a chameleon, once ensconced in the PM’s chair.

For Complete IIPM Article, Click on IIPM Article

Source :
IIPM Editorial, 2007

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