COVER STORY

Indian Pharma: Globalizing via China

- - N Janardhan Rao and Feroz Zaheer

India Inc. aims to have a global presence and it is doing this via the China route. Indian companies across various sectors have been attempting to globalize their operations and venturing into China fits the bill. Be it the auto components, the Indian steel industry, Indian banks, the IT and software or the Indian pharmaceutical industryall have ventured into China in order to make it their base and then, gradually supply their products and services world over. It gets easier for Indian companies to tap other Asian and European markets by making China their manufacturing base. Moreover, China itself being a promising option offering a huge market with economical manufacturing and labor costs, which are in fact lower than India, is also attracting India Inc.

© 2006 IUP . All Rights Reserved

CORPORATE STRATEGY

Microsoft: The Changing Face

- - N Janardhan Rao and Feroz Zaheer

Microsoft is undergoing transition and is preparing itself to fight back increasing competition.

© 2006 IUP . All Rights Reserved

CORPORATE STRATEGY

Delphi: Bankruptcy Blues

- - Amit Singh Sisodiya, Anjuli Tandon and Akhil Tandulwadikar

Delphi, the biggest auto supplier in the US has filed for bankruptcy. That is no good news for General Motors, Delphis former parent.

© 2006 IUP . All Rights Reserved

CORPORATE STRATEGY

Balsaras Turnaround: Dabur Delivers

- - Amit Singh Sisodiya and Sailaja Mannava

By turning Balsara around within three months of acquisition, Dabur India is ahead of schedule by years. In the process, it has demonstrated what it takes to survive in a fiercely competitive Indian FMCG industry.

© 2006 IUP . All Rights Reserved

BUSINESS ENVIRONMENT

Internet Governance: Americas Hegemony Prevails

- - D Satish and Smitha Deshpande

The two-year old debate on who should control the Internet has apparently come to an end as the nations agreed to leave unchanged the historic role of America in overseeing the operations of the Internet.

© 2006 IUP . All Rights Reserved

BUSINESS ENVIRONMENT

Economic Pyramid: Bullish on the Bottom

- - Amit Singh Sisodiya and Feroz Zaheer

Four billion plus people lie untapped at the bottom of the pyramid. That is a billion dollar market.

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BUSINESS ENVIRONMENT

Bottom of the Pyramid: Prospects and Challenges

- - Stuart Hart, S C Johnson

Succeeding in the BOP requires disruptive innovationnew, cleaner technologies, employmentintensive business models, novel partnerships with local players on the groundas it holds the potential to incubate the industries of tomorrow.

© 2006 IUP . All Rights Reserved

BUSINESS ENVIRONMENT

Energy Security for India: Options and Approaches

- - S Padmanabhan

It is necessary to evolve long- and short-term energy security measures, so that the nations progress, growth, and welfare are fully protected.

© 2006 IUP . All Rights Reserved

BUSINESS ENVIRONMENT

Digital Cinema: Entertainment Redefined

- - Amit Singh Sisodiya and Sailaja Mannava

Digital Cinema not only promises to revolutionize movie-viewing but also lining in moolah for the film industry including exhibitors.

© 2006 IUP . All Rights Reserved

BUSINESS ENVIRONMENT

SEZs: Future Hot Spots

- - N Janardhan Rao and Ravi Babu Adusumilli

Fiscal incentives coupled with the surge in the manufacturing and technology sectors are poised to transform Special Economic Zones into drivers of economic growth.

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BUSINESS ENVIRONMENT

Real Estate Growth in India: Is it for Real?

- - Dilip Dasgupta

The general situation prevailing in India is definitely not indicative of any serious danger.

© 2006 IUP . All Rights Reserved

INDUSTRY

Indian IT Firms: An EyeQ Approach to Growth

- - M Scalem

Its time that India IT firms ventured into the intellectual capital utilization from the existing focus on available resource management.

© 2006 IUP . All Rights Reserved

FINANCIAL SERVICES

Indian Banking: Globalization Challenges

- - P T Kuppuswamy

Banks in India must not only prepare themselves to retain their business back home, but also to capture business in hitherto unexplored markets by competing with their global counterparts.

© 2006 IUP . All Rights Reserved

FINANCIAL MARKETS

Trading in Securitized Debt: A Step Closer

- - D Satish and Surendar Vaddepalli

The Union Cabinet approved trading of securitized debt. How would the cabinet nod impact the mortgage market in India?

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FINANCIAL MARKETS

Participatory Notes: Needed Remedial Measures

- - Dr. VVLN Sastry

The huge quantum of exposure to markets through PNs is a matter of concern.

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INTERNATIONAL FINANCE

Ben Bernanke: Fed Chief-in-waiting

- - D Satish and Smitha Deshpande

The new Fed chief has a formidable task of not only steering the US economy out of a looming difficult scenario, but also live up to his legendary predecessor.

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INTERNATIONAL FINANCE

Feds New Head: A New Era Begins

- - Mathew John

It seems the world markets are in for some exciting times away from the cool slumber of the Greenspanic era.

© 2006 IUP . All Rights Reserved

ROUND TABLE

Indian Pharma Companies: Doing Business in China

- - Coordinated by Feroz Zaheer

China has emerged as one of the key pharma markets in the world. With its huge growth potential and cost advantages pharma companies all over the world are lining up their investments for the dragon land. The invited Roman Macaya, Executive Director, Costa Rican National Chamber of Generic Products Cartago, Costa Rica, Neeraj Bhardwaj, CEO, RocSearch Ltd., CR Chenthir K, CEO, Plutus Pharma Network Pvt, Ltd., and Prabhu Ram, IP professional with Max-Planck-Institute for Intellectual Property, Competition and Tax Law, Germany, to share their views on the topic.

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ROUND TABLE

Indian Biotech: The Next Frontier

- - Coordinated by Sailaja Mannava

Although the biotechnology market in India at present contributes only a 2% share in the global market, it is on the threshold of a colossal growth in the coming decade. The invited eminent personalities, Dr. Krishna M Ella, CMD, Bharat Biotech International Limited, Nitin Deshmukh, Director, ABLE and Head - Private Equity, Kotak Mahindra Bank, Utkarsh Palnitkar, Health Sciences Leader, Ernst & Young India Private Limited, and Naryanan Suresh, Editor BioSpectrum to discuss related issues.

© 2006 IUP . All Rights Reserved

BOOK REVIEW

The Google Story

- - David A Vise

Google is an unconventional yet highly successful technology company. Author David A Vise takes the reader through the intricate details that have made the present-day Google possible. The book reveals how an ambition to provide solutions for people has been transformed into a billion dollar business. It also provides valuable lessons on humanist technologies and business with human values.

© 2006 IUP . All Rights Reserved