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

CHENNAI: India Institute of Technology (IITS) have long been recognized as one of the best of our education system and also have the worldwide recognition that the institutions comparable to the best in the world, the vice-president, planning the communication, Montek Singh Ahluwalia said here on Friday.

As graduates of the IITS were well in the USA, the U.S. Congress recently adopted a resolution on the estimation of these institutions, alongside the assessment of contributions by Indian Americans on the U.S. economy .

India is indeed the rate of private savings on a broad basis of the ability of business, commitment to an independent judiciary and respect for accepted standards of accounting had observers suggest that the country has able to achieve a growth rate of over 8 per cent per annum, however, support political measures were available, “said Ahluwalia also the convocation address in IIT.

M.S. Ananth, director of IIT Madras, has been awarded 1134 degrees. Among them, 82 Ph.Ds, 98 MS, 411 M Tech, 37 MBA, MSc 83, 80 and Dual Degree 343 B. Tech.

“These accounts cover a wide range of disciplines and specialties offered by the ten engineering departments, three divisions, the division of management studies and the Division of the Humanities and Social Sciences and Humanities”.

The Chairman, Board of Governors, AE Muthunayagam said the creation of technology park would be a reality, with the government allotting areas related to the IIT.

Among the winners was Arvind Thiagarajan, receive, the President of India and the price by the highest score among CGPA-tech students and pupils in two ways.

The governor, the prize went to Mahesh Krishnamurthi (B. Tech). Karthik Srivatsa (B. M. technology and dual-Tech Degree), Dr. bags Shankar Dayal Sharma, while the price-AVN Ravikanth, the Institute was awarded the Order of Merit.

The Indian Institute of Management (IIMS), and finally the international debut. IIM Bangalore, is completing plans for the establishment of an offshore campus in Singapore or in one of the countries in Southeast Asia, Prakash Apte G IIMB director told The Times of India.

The Institute works outside, the modus operandi of the university campus next few years, but it is still a reflection on programmes.

The proposal will probably be raised during the meeting between the Ministry of HRD and directors of the six IIMS in New Delhi next week, Apte said. HRD officials to attend two days of higher education here at the conference said Tuesday there were several proposals IIMS and IITS to offer various programs and proposals for expansion.

“In the coming weeks, meetings, we accept the new programs offer IIMS. We want new issues, launch programs more integrated and strengthening of credit in new areas of sharing, Sudeep Banerjee, Additional Secretary, MHRD , Said.

IIM, Ahmedabad, the oldest of six IIMS, is also concerned with offshore centres tie-ups with American universities, like Wharton, Stanford, Columbia and providing years Post-Graduate programme in the areas of management for frameworks.

But IIMB is not interested in tie-ups. “We seek the possibility of a real campus, no tie-ups with universities,” said Apte.

The Ministry of HRD approach should be a shot in the arm assertions IIMS foreigners on board. “We give considerable autonomy for the institutions working for them, agreements with others, which we support,” said Banerjee.

Autonomy is something that even the IIMS to erflehen. The Big Three - IIM A, B and C - said the HRD does not require the ministry, the plan or no plan, because it enough-Corpus Fund. “As regards small and IIMS recently, we must maintain with the block grants.”