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Bangalore-based

MBA students in biz venture

In business, it’s the early bird that rakes in the moolah. Taking cue from the age-old proverb, two MBA students have turned entrepreneurs even before graduating.

H.R. Sampreet and Saurav Dhiman, second-year students of the Vinod Gupta School of Management at the Indian Institute of Technology, Kharagpur, have launched their own company, Enfount Business Solutions. Their maiden venture is Bulkdeals.co.in, a Bangalore-based online retail window specialising in institutional and organisational buying of laptops, desktops and other electronic items.

“Across campuses, students form groups to buy computers so retailers give them a discount,” said Sampreet. “But this happens locally and in an unorganised manner,” he explained.

The duo saw a business opportunity in this campus trend and created an online platform that is a one-stop-shop for bulk deals of laptops and desktops of all brands.

“Here, students can register and get great deals directly from the brands,” Sampreet said. “We estimate this to be a Rs 200-400 crore market. The brands, too, were looking for a single window to reach out to the student community. We had the business model and wanted to hit the market early, so we started even before graduating,” he added.

The company is partnering with almost all top brands such as Dell, LG, Hewlett Packard, Lenovo and HCL.

The website had over 1,000 visitors in the first three days of its launch and already has more than 300 members and over 20 registered colleges, including all the IITs.

When asked how they plan to balance studies with running a business, Saurav said: “It is all about time management. Our business requires just two or three hours a day, which we can easily put in.”

More : telegraphindia.com

CM asks the impartial study of Kerala’s profits.

The Chief Minister, A.K. Antony, calls for an impartial assessment of Kerala’s Track Record of providing public services.

Thanks to his intervention after the presentation of a study on “The State of Kerala’s Public Services” at the Institute of Management in Government (IMG) here today, “said chief ministers, but good governance, theme all she could not come, simply because they do Choyer protection and other class of society arises. Mention of good governance must be the silent majority of the masses unorganisiert, “said Antony.

The Chief policy, “said Minister auspices makes it difficult to guarantee the efficiency and discipline, because a large part of public service has been well organized and almost everyone was well with some official or other Bigwig political parties. Those obtained from such a situation, the interests of links and pressure groups composed of its agenda, on behalf of public opinion.

Mr. Antony, appeared also to play the media, mostly unconsciously, in the hands of the interest to play stories links, which had no factual basis. Very often, stories get the dubious authenticity were planted in various media and high reports on these issues has been deflecting attention from the true problems, “he added.

The Chief Minister of “shocking” the results of the study, Bangalore-based Public Affairs Center, said while he is not quite go by the grim results of the study, stressed the need for a serious look at Kerala’s be real success. The fact that the study results were worrying, even after 7 years of a long efforts on democratic decentralization, everyone must think about this, what went wrong with the state. There was need for more social responsibility and auditing. On their part the rule of law in the Government would take note of the conclusions of the study, Mr. Antony said.The Bangalore-based organisation of the study, the methodology and findings of the investigation heavy followed the seminar noted that compared to criteria such as access, use of the service reliability and satisfaction with the service, Kerala not really performance measure to popular representations on the progress of benefits. The results of the study were established by the PAC-president, Samuel Paul, and the PAC-Executive Director, Suresh Balakrishnan.

The study, which is part of a nation exercise to evaluate the efficiency and quality of delivery within five basic services, namely drinking water, health, road transport, public and education and childcare. It happened on the basis of a survey for 46 villages of Kasaragod, Kannur, Palakkad, Idukki, Pathanamthitta and Thiruvananthapuram and six cities. The responses were compiled by 1306 households, a multi-Stage stratified sampling. Presidency of the Council’s discussion of the National Planning Commission Board vice-chairman, V. Ramachandran, warned that it would be wrong to extrapolate figures investigation, flew in the face of established facts and verifiable while attempting to these studies.

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