Tuesday, July 17, 2007

Just like PC became a window to the wired world, mobile phone will become a window to the wireless world

The company has also made definite moves for overseas expansions. Although there are segment leaders like LogicaCMG in messaging & Starhome in roaming, the VAS market remains largely fragmented globally. And the critical challenge is local competition, which understands customer needs better through what Chowfla defines as ‘market osmosis’. In this scenario, Bharti Telesoft chooses to leverage heavily on low cost, quality manpower, which allows them to employ a revenue sharing model with clientele. Explains Chowfla, “Instead of charging a $5 million fee up front, we tell the customer that we will work with him in deployment of the solution and share the upside.” This, he asserts, gives them an edge over first world companies. Another major aspect has been presence in diverse segments. Ambar Sur, Director-EMEA (Europe, Middle East & Africa) emphasises, “We want to be horizontal because it gives us the advantages to be able to offer a wider range of solutions...” Bharti Telesoft has a presence in EMEA, Latin America & parts of Asia. But it is not looking at the US market due to low subscriber base, limited opportunities, coupled with a relatively high cost of doing business there.
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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

Punjab National Bank (PNB) ‘is a name that you can bank upon

More lately, PNB’s global strategy has seen the company formulating a joint venture with Andhra Bank and Bank of Baroda with a view to acquire potential target banks in Malaysia. The bank has also received clearance from the Financial Services Authority (UK’s banking regulator) for its UK subsidiary. PNB intends to open two branches initially, to later expand across UK.

On the domestic front the company is charting expansion plans for the North-Eastern part of India. Moreover, the company has also inked some agreements and has tied up with companies like Kotak and Motilal Oswal to offer educational loan insurance and on-line trading facilities. The latest results of the company (quarter ending December 2006) showed an increase of 16% in net profits, while the total income of the bank increased by 21%. SC Gupta elucidates PNBs USPs as the largest network of branches under CBS network, reliability of service, range of products and huge resources at beck and call. Guess that justifies why Punjab National Bank is the only bank in India with ‘National’ attached to its name. Ever pondered over that one?
For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2006

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

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