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opep@iimraipur.ac.in            Volume: 1 Issue: 3 Date 23rd October, 2012   www.opepiimraipur.blogspot.in



                                                                              Q CORNER-HOTEL
                                                                               On an average 12 guests
    Toyota to recall 7.4 million cars                                         arrive at a reception per
    Toyota is voluntarily recalling more than seven million                   hour. (Inter – arrival time
    vehicles worldwide, including some Yaris, Corolla and Camry               is 5 minutes). It takes 4
    models, over faulty window switches.                                      minutes for the receptionist
                                                                              in the counter to answer the
                                                                              questions of guests. The
    There Will Be a Factory Skills Shortage. Just Not Yet                     standard deviation for it is
    A shortage of skilled manufacturing labor is on the way, says a           three minutes. What is
    new study by Boston Consulting Group. But, says the firm, it              average wait time of the
    hasn’t arrived yet. Many factory managers claim they’re                   guests?
    already suffering from a skills shortage.


    Recovery measure last resort to resume Kingfisher                         ANSWER TO SKI KING:
    Airlines operation, say lenders                                                      80
    Lenders to Kingfisher Airlines, whose combined exposure of
    nearly Rs. 7,500 crore is at risk, have said they will go in for
    recovery measures only as the last resort and expressed hope
    that its promoters will be able to find an investor and resume
    operations.


    Industrial Visit to Bhilai Steel Plant
    On Thursday, the 18th of October, 57 students of PGP 2012 -14
    batch of Indian Institute of Management Raipur visited Bhilai
    Steel Plant, the flagship unit of Steel Authority of India               EDITORS
    Limited. This plant is popularly known for being the sole
                                                                                Abhay Shankar
    supplier of the country's longest rail tracks of 260 meters.
                                                                                Sujitha Tikka
                                                                                Manoj H

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OPEP Newsletter Vol 1 Issue 3

  • 1. opep@iimraipur.ac.in Volume: 1 Issue: 3 Date 23rd October, 2012 www.opepiimraipur.blogspot.in Q CORNER-HOTEL On an average 12 guests Toyota to recall 7.4 million cars arrive at a reception per Toyota is voluntarily recalling more than seven million hour. (Inter – arrival time vehicles worldwide, including some Yaris, Corolla and Camry is 5 minutes). It takes 4 models, over faulty window switches. minutes for the receptionist in the counter to answer the questions of guests. The There Will Be a Factory Skills Shortage. Just Not Yet standard deviation for it is A shortage of skilled manufacturing labor is on the way, says a three minutes. What is new study by Boston Consulting Group. But, says the firm, it average wait time of the hasn’t arrived yet. Many factory managers claim they’re guests? already suffering from a skills shortage. Recovery measure last resort to resume Kingfisher ANSWER TO SKI KING: Airlines operation, say lenders 80 Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs. 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations. Industrial Visit to Bhilai Steel Plant On Thursday, the 18th of October, 57 students of PGP 2012 -14 batch of Indian Institute of Management Raipur visited Bhilai Steel Plant, the flagship unit of Steel Authority of India EDITORS Limited. This plant is popularly known for being the sole  Abhay Shankar supplier of the country's longest rail tracks of 260 meters.  Sujitha Tikka  Manoj H