Tuesday, July 17, 2007

“Bharti Telesoft wants to be a consolidator and not a consolidatee!”

Apart from these factors, the company also believes strongly in its ability to identify emerging market opportunities. Currently, there is tremendous excitement in Bharti Telesoft regarding two relatively new VAS areas – m-commerce and Live TV. The company hopes that m-commerce will be a huge success as it will allow small low-value transactions and money remittances, where banks are failing. Sur further adds, “With m-commerce, the role of the mobile operator will change. He will be your money transfer agent, your bank, bill payment or collection guy or might even end up being your address verification document.” On the strategy of bringing Live TV to mobiles, Mital comments, “Just like PC became a window to the wired world, mobile phone will be a window to the wireless world.” The company is also excited about the advent of 3G, which would open up a whole new world of VAS opportunities, as well as competition. Banters Chowfla in jest, “No one is going to offer us a free lunch!”
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Wednesday, July 11, 2007

Soon to be a global giant?

Sensing a fast-expanding and profitable market, backed with continuing deregulation, the Dutch banking giant ABN Amro in Indian has transformed itself into a corporate bank with comprehensive Global Transaction Services. Though small in numbers, it’s a well established player and pioneer to some of the most innovative products in the Indian banking milieu like targeted banking products.

India, along with China figures amongst the strongest-performing regions for ABN Amro in Consumer Banking. The bank set a new record in India by placing approximately $100 million in equity funds within a single month. Recently, ABN Amro also launched a host of services, which includes a microfinance programme (delivering credit to women in rural India), Private Banking Services (Portfolio Advisory Services along with transaction executive platform) and the novel ABN AMRO Sustainable Development Fund that primarily seeks to invest in socially responsible companies. Furthermore, realising the potential for growth in personal loans the bank has realigned its retail loan in favour of unsecured loans (personal loans and credit card loans). To this effect it recently launched ‘ABN – Amro One.’ Of late, hogging more news space because of the mega merger bid from Barclay’s (which will create a $155 billion global banking giant), “Making more possible” will certainly continue to be their cherished dream in the burgeoning Indian market.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

Read more:-

About IIPM ! IIPM Programmes ! IIPM Placement ! IIPM Alumni ! IIPM Alliances ! IIPM Ranking ! IIPM Director's Desk ! IIPM Dean's Message ! History of IIPM ! IIPM Mission ! IIPM Curriculum ! IIPM Project Based Learning ! IIPM GOTA ! IIPM Dual Specialisation ! IIPM Faculty ! IIPM GOP ! IIPM Campus Resources ! IIPM Campus Events ! IIPM Sports Club ! IIPM Support Services ! IIPM Campus ! IIPM Libraries ! IIPM Cafeteria ! IIPM Academic Centres ! IIPM Wilton Park Reports ! IIPM Feedback ! IIPM Links ! IIPM Sitemap ! Contact IIPM !