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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
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A long-time resident Bahrain presented yesterday his right to say glory, it was one of the fastest to mentally calculate the cube root of any number a maximum of 15 points, writes Mandeep Singh.
Director General of services wireless local loop aluminum, KK Thomas Held a presentation to the media by the Hotel Taj Palace Hotel, during which he showed his art, he said that he had perfected after two years research and hard work.
Also present at the event were his friends and well-wishers.
Thomas, a resident of Bahrain for the past 26 years, said he also for the Guinness Book of World Records, and he expects them to hear soon. “While there are many have done so, perhaps I can right the fastest,” he said, periods between nine and 99 seconds to solve complex problems.
He said it has expanded its technical capabilities and to monitor carefully the evolution of figures, especially the different properties item 9 and 6 He said he now works when you try to calculate the numbers of any How long.
“I have almost completed the study 80 percent on the calculation of the cube root of a number of 18 digits, spiritual,” he said.
Thomas said the London Mathematical Society, the Indian Institute of Science, Bangalore, and the Faculty of Mathematics at the Indian Institute of Technology, Bombay, among others, have already recognized, feat.
He said the London Mathematical Society had requested the dispatch of the methodology, so that it could be published in its journal control.
The head of the department of mathematics at the Indian school, VR Palaniswamy the direction of the proceedings at the event.
Tags: book of world records, cube root, department of mathematics, Director General, guinness book of world, hotel taj palace, indian institute of science bangalore, indian institute of technology, indian institute of technology bombay, kk, london mathematical society, mandeep singh, palace hotel, time resident, well wishers, wireless local loop Posted in MBA, MBA News | No Comments »
Whether in India or does not seem to be a hot issue discussed these days, but “brilliant time” seems to be here in Delhi University’s Faculty of Management Studies (FMS) and the Indian Institute of Technology (IIT).
The SGF has experienced a remarkable placement season this year with the national average wage crossing R 7 lakh per annum.
Improvement of investment have also seen, for engineering students at IIT. In India provide more SGF up Rs 13 lakh, the highest international package proposed by the trade in raw materials a company $ 65000 The average salary this year is Rs 7.3 lakh per annum, from Rs 6.88 lakh last year.
With the recruitment process has just ended has been, and all 76 students in various national and international corporations, the mood in the SGF seems optimistic.
Nearly 100 students-enterprises involved in the recruitment of this year. While recruitment takes typically more than a week, students say this year, all the seats were delivered on the first day.
“The investment process has just passed and there has been a phenomenal season. More than 40 companies came the first day.
“Indeed, we have again a number of companies that we visit later, given that the whole lot was already in place,” said Nidhi Monakar FMS student.
“It was a balanced mix of finance, marketing and consulting companies. The increasing presence of information technology companies (25 per cent of all stages) is also a new and interesting developments” said the dean of the FMS VK Bhalla.
At the other end of the city, “factor welfare” is also experienced by students from IIT Campus. The students say that a large percentage of engineering students last year have already been placed.
Tags: average salary, bhalla, brilliant time, consulting companies, delhi university, engineering students, faculty of management studies, FMS, hot issue, indian institute of technology, information technology companies, international corporations, national average wage, phenomenal season, raw materials, recruitment, rs 6, SGF, whole lot Posted in MBA News, conference | No Comments »
The Indian government is the creation of a centre in Chennai for the training of researchers in other developing countries, with bodies held until recently by the Committee on Science and Technology for Developing Countries (calculated) Paris-based International Council for Science (ICSU).
ICSU decided to close the cost November last year on the recommendations of a panel proposed that the view that in order to strengthen their presence in the Third World, it is necessary to replace the Council with four regional offices in Asia, Africa , The Middle East and Latin America and the Caribbean.
ICSU proposed to cover costs in Chennai in its regional office for Asia. But officials of the Indian National Science Academy (INSA) last week rejected that proposal, deciding, instead of a new centre of Conduct India.
The Centre for Science for the development of companies (CEC) will be encouraged by the NHI and the Ministry of Science. It is first of all recognize, 20 doctoral students and 10 post-doctoral students, fellows, after a period of orientation, is INSA fellows in the country on major universities and research institutes.
The program is also specialized training usually not in the university. “We expect the mid-being until the end of the year and operation of April 2004,” President INSA Martanda Sankaran Valiathan SciDev.Net said.
The new centre is a rigorous selection procedure to allow talented people from developing countries to study in India, whatever their social background. After Valiathan, although many students from other developing countries are already enrolled in institutions of India, most come from wealthy families.
Several internationally renowned institutions, including the six Indian Institute of Technology, the Tata Institute of Fundamental Research, Mumbai and the Indian Institute of Science in Bangalore, have proposed, welcome the new students centre.
“The proposed centre of India, the large part of efforts to strengthen scientific and technological cooperation with other developing countries,” says Valangiman Ramamurthy, secretary of the department of science and technology.
Ramamurthy adds that Rs.2.5 million (U.S. $ 54000), was originally in the budget each year to calculate the secretariat and the costs of its staff, buildings and other facilities, it is redirected to the new centre.
According to an official of the Ministry of Science, the new center researchers and some Indian politicians as the reincarnation of calculated, with India - rather than ICSU - in this respect a leading role. “The Indian science enjoys immense respect, and this is a good opportunity for India to help develop other people,” he said.
Gopalakrishnan Thyagarajan, former secretary calculates, said SciDev.Net Feeling that the decision to close was calculated hastily, and it would be unfair and an example for northern science dictate an agenda in the south.
“It is very nasty on the part of ICSU, at the end of the Secretariat costing and then claim that the infrastructure and personnel available to its regional office,” he said. “It seems as if ICSU found calculated uncomfortable when trying to access the enormous resources available globally agencies means (such as the European Union) and wanted himself as a pioneer project for the South . ”
But ICSU Executive Director Thomas Ross-fire, argues that the decision to replace the model with regional offices is “a lot more suggestions and respond to the needs of the South.
“The problem has been calculated that in central India, but also other regions are very different. That is why it is important that the regions themselves decide what its priorities should be,” he said. He added that the decision on the closure calculated and opened regional offices is to strengthen - not to dilute - ICSU commitment in developing countries.
His sub-INSA has also proposed, ICSU, the Regional Office for Asia. ICSU has declared its readiness, U.S. $ 200000 for the construction of four regional offices in the current year, even if it is 100000 $ USA next year. The Mexican Academy of Sciences has proposed the Regional Bureau for Latin America and the Caribbean.
Tags: doctoral students, indian government, indian institute of science, indian institute of science in bangalore, indian institute of technology, indian national science academy, national science academy, nhi, proposed centre, renowned institutions, research institutes, rigorous selection, sankaran, selection procedure, social background, specialized training, students centre, tata institute of fundamental research, technological cooperation, wealthy families Posted in MBA News, Private Equity | No Comments »
Sanjiv Goenka, vice-president of the Society RPG Thursday, took over as new president of the Confederation of Indian Industry (CII).
Ashok Soota, president and CEO of Mind Tree Consulting, the CII has been elected Vice-President.
Goenka is currently a member of Minister-President of the Council on Trade and Industry and is also available on the Board of Governors of the Indian Institute of Technology, Kharagpur and International Management Institute, New Delhi, after an instruction CII.
Soota, has been designated, electronics in 1992 by Man of Elcina, who served as a member of Prime Minister’s Task Force for the development of the IT industry, CII said.
Tags: board of governors, CII, confederation of indian industry, development, goenka, indian institute of technology, indian institute of technology kharagpur, industry, Institute, instruction, International, international management institute, Management, minister president, New Delhi, new president, prime minister, sanjiv, society, task force, Technology, vice-president, Vice-President.Goenka Posted in MBA News, class | No Comments »
Pro Vice-Chancellor and Vice President of the University of South Australia (UNISA) Robin King said he could accept the possibility of good will, especially in areas including nanotechnology, pharmacy and physiotherapy between the University and institutions in India.
Robin King, signed an agreement with the hotel trustee of PSG & Sons’ Charities G Rangaswamy mark the agreement between PSG Institute of Advanced Studies (IAS PSG), UNISA here Wednesday, said that investments of this exercise, is a program to program.
This is his first visit to India and in the coming days, the university would like to sign a memorandum of understanding with other institutions, he said. The cooperation agreement the University has already with research laboratories and universities in India includes a General International Agreement (GIA) and the Indian Council of the science center (ICSSR), GIA with the University Madras, a memorandum of understanding with the GIA and Indian Institute of Science and MoU with Indian Institute of Technology, Madras.
It is true that these first days of exchange programmes, he found that students from Australia have visited India for several years, in Kerala, especially for professional consultation. Student exchanges in education and research, alongside the internationalization of curriculum and experience of students, are among the key development themes of the University.
Robin King recalled that, under the exchange program, if the number of students in Australia from India was the same as the number of students from Australia to visit India, then students India should not pay tuition for a short period, say six months or a year.
The president of the University programme also supports scholarships for students cooperation partner institutions. Of the 10000 international students at UNISA, are more than 1100 from India, Robin King. PSG IAS is an organization created by the newly PSG Charities & Sons, advanced to the activities in the sectors of high technology.
The declaration of intent signed on Wednesday to facilitate the activities in bio-technology, commerce, communication and journalism, computer and information technology, Health Sciences, management, nursing, pharmacy, physiotherapy and visual communication.
Tags: cooperation partner, development themes, indian institute of science, indian institute of technology, internationalization, key development, memorandum of understanding, partner institutions, professional consultation, rangaswamy, research laboratories, robin king, science center, student exchanges, unisa, universities in india, university of south australia, vice chancellor Posted in MBA News, Sri Lankans | No Comments »
One day in spring 1999, ITC chairman C. Yogi Deveshwar was closeted with some of its main leaders of the company, VA home in Kolkata. ITC is one of the oldest professional Indian companies it was created in 1910 and Deveshwar, a degree in engineering from the Indian Institute of Technology, New Delhi, one of its main leaders in the world. During 1991, the government has the main (as the filing of ITC) as Chairman and Managing Director of Air India, the national airline of the State, a position he held until in 1994. Since 1996, when he named the head of ITC, Deveshwar relationship management company, comfortable with its single largest shareholder British American Tobacco. And it was constantly thinking about a plan B for a company, a large portion of its revenue comes from cigarettes.
End of wax awareness of the dangers of smoking Deveshwar himself, smoking three years ago, the market shrinks for cigarettes, even in India, and the government plans to ban all cigarette ads. From tobacco, if the government has its way, not even the possibility of sponsoring sports events or teams, which are near the Indian cricket team without a sponsor, in February 2001 with the ITC’s Wills brand, promoter has decided to proactively and move around, he was forced before. In his seven years within the Office, YCD, given that most people know, several script Discoveries plan B: There is a growing burden on businesses and hotels business diversification of information technology, Ready-to-wear clothing and Ready-to-eat foods, goods and confectionery, the man himself said that part Minto, a trademark of his company acquired Currencies March 2002.
The meeting was not with them, but was informed of the company’s International Business Division (IBD). Although his name is not to say that IBD, India is the second largest exporter of agricultural products, including soybeans, wheat, sesame, pepper, shrimp and coffee. In the years 2002-03, the division R 1040 crore contributed to the ICT turnover of Rs 11024 crore India archaic regarding the laws on agriculture (Corporate agriculture, for example, is a no-no) and a heritage of atomistic Enterprise this country makes business more difficult to manage. It is full of inefficiency, distributors and logistics snafus ideal for a radical solution.
The debate was nowhere position, so that Deveshwar proposed an ITC’s brightest young leaders, then still in his thirties that the solution might be an entirely new model for the economy, a program that uses the power of ‘Internet hook and together. The director was S. Sivakumar, now 43, and the Chief Executive of IBD.
It must be related to the history and geography, the Institute of Rural Management, Anand (IRMA, too short) another type of B-school. Anand, after all the countries of the Gujarat Co-operative Milk Marketing Federation (GCMMF), India one of the co-operative. And Irma was Manoirs Verghese, the architect of “Operation Flood, the world’s largest dairy development programme. Not everyone, IRMA ends by groups working for a development institution disorder, but the school has left its mark on most.
Are you as a PhD student at Silver Jubilee College, Kurnool, Sivakumar implored, “a career, that option would be the development and administration.” It was placed to take the exam for India a management service or in an MBA program when he heard of IRMA, and in 1981 he was responsible for managing a campus of 60 hectares is characterized by green meadows, abundant foliage and black - faced monkeys.
Deveshwar’s appealed to short Sivakumar. It was a chance to find a solution, was an equal mix of Yin and Yang; satisfied that the provisions of Rule targets community development and private profit. And yes, he and his team for creating a business model, improving the lot of farmers, businesses closer to them, unnecessary intermediaries and improved efficiency throughout the chain.
Tags: agricultural products, air india, british american tobacco, business diversification, cigarette ads, dangers of smoking, indian cricket team, indian institute of technology, international business division, itc, kolkata, large portion, largest exporter, national airline, pepper shrimp, plan b, relationship management Posted in Lankan, MBA News | No Comments »
Indian School of Mines (ISM) is preparing to its core competencies shells sector competence that the courses have not found among students for the evacuation IIT-JEE test.
The course engineering machinery in the mining industry is not pursued the academic year 2007-08, even down when allocating seats failed to ensure occupation by 100 per cent. In 2005-06, only 14 students opted for engineering courses ore, while it is 19 machines for the mining industry. The mining industry technique, of course, this year has attracted 46 students, against a capacity of only 60 seats
These days, students have preferred to stay away three B. Restoration of course technology to the minerals industry and place for computers and electronics, engineering, the most lucrative and comfortable, offering jobs. ISM, a university on the level of the Indian Institute of Technology has been integrated with the IIT-JEE system during the years 1997 and the three main services sector have since not attract students.
The situation is particularly grim for machinery mining department, because almost 50 percent of the 40 seats of the offer remained in 2003-04. The next academic session saw the number of students scuba diving.
To cope with the crisis, the number of places available by the IIT-JEE was reduced to 25 in 2005-06, but it failed to ensure occupation by 100 per cent. The trend is something similar for the other two main divisions of the sector. In the mining industry, engineering, the vacancy of 2003-04 amounted to 20 percent of the total 75 seats, but the number has increased by 35 per cent of the next academic year. The number of places available by the IIT-JEE was reduced to 60, but only 46 students in first year of the course.
The situation is much the same as for minerals in the course of engineering, which was by far the most popular disciplines in the nuclear sector. He had a percentage of 100 people in 2003-04, the number of seats was increased to 36. But more than 30 per cent of seats remained vacant. During the academic year which, of course, against only 14 students, a force of 30 seats
What? S alarming yet, say the sources ISM, is that students, these courses are often opt for jobs in the field of information technology, which is not only a better salary, but also more favourable? and comfortable? Working conditions
Tags: academic session, competence, core competencies, course technology, disciplines, engineering courses, engineering machinery, indian institute of technology, indian school of mines, institute of technology, ism, minerals industry, mining industry, nuclear sector, occupation, school of mines, shells Posted in MBA News, Rodrigo | No Comments »
Calcutta University might have lost its past glory and come to be dubbed by all as a crumbling institution. But by resting on past laurels and through its association with two Nobel laureates, the age old institution has found a place among the top 500 institutions in the ‘Academic Ranking of World Universities, 2004′.
The ranking by Shanghai Jiao Tong University has only two other Indian institutions featuring in the top 500 - Indian Institute of Science, Bangalore graded between 202 and 301 and Indian Institute of Technology, Kharagpur which is graded between 404 and 502 along with Calcutta University. The top three positions were taken by Harvard, Stanford and Cambridge universities respectively.
The ranking, after scanning more than 2000 universities worldwide, was initially done to measure the gap between Chinese universities and world class universities, particularly in terms of academic performance and research.
Calcutta University has evidently struck gold with two Nobel laureates, CV Raman and Prof. Amartya Sen, featuring on its faculty and alumni list. The ranking university website says it has scanned every university with Nobel laureates, Field Medal winners, highly cited researches or papers published in Nature and Science. While CV Raman was a CU faculty member when he won the Nobel prize for physics in 1930, Prof. Amartya Sen had received his bachelor’s degree from Presidency college in the early 50s.
Tags: academic ranking of world universities, calcutta university, cambridge universities, chinese universities, cu faculty, cv raman, harvard stanford, indian institute of science, indian institute of technology, indian institute of technology kharagpur, indian institutions, jiao tong university, medal winners, nobel laureates, nobel prize for physics, presidency college, shanghai jiao tong, shanghai jiao tong university, universities worldwide, world class universities Posted in MBA, MBA News | No Comments »
A Master of Business Administration MBA or the conclusion of a top B-school was one of the objectives of the gehegten an aspiring, it is looking for a bright career in the business world. The growing enthusiasm among the candidate countries to rub shoulders with the Who’s who of business, six years from the character of salary and a rapid increase in the occupational hierarchy, the MBA sought careers in these days . This is only a part of history as candidates adhere to school B of certain perceptions. And it is difficult to say whether they come from the richest in terms of education and experience or Pay-package.
A student last year at the Faculty of Economics of Enterprise (FMS), Delhi University Nandita Sinha Feeling that their entire experience has been enriched. Sinha said: “I feel that I managed to have enough to provide an opportunity for the application of theoretical concepts in my practice on my fieldwork, tasks and, finally, during the been my training. Learning appearance was as I expected lines member courses with an open mind, a place of entertainment prejudices. I was always ready to face new challenges, my way. ”
According to another final-year student of Department of Management Studies, Indian Institute of Technology (DMS IITD) Saumil Mody, “The themes that are in length, in theory classes was well supplemented by practical experience through orders and projects, the concepts should be done, live in an organization. The study was an exploratory education and experience. ”
Mody, but believes that the practice of exposure was very different, which is generally perceived MBA programs. He pointed out: “A direct interaction with leading experts in the industry has contributed to relate what is taught in the classroom. The concept of a duration of each project currently actually implemented the platform to get exposure to various sectors in the industry. ”
Another student last year, Management Development Institute (MDI) Kapil Sood, felt that learning situation was somewhat different from what he had planned, before a B-School. “I have always believed that there will be about classes, books and projects, but I realized that learning does not stop. It is, moreover, that, too. Real-life situations and problems that I have before, during organizing events as the Empire, Illumina Delphic and I have learned that to remain cool stress, “said Sood.
Each of them, moreover, use different criteria for the choice of specialisation. How’s decision Mody specializes in marketing and information technology (double) compared to other programs was established on the basis of content of courses, interests, Faculty experiences and current requirements of the industry. Sinha Standing marketing, because it had an interest in the region. “However, I have zeroed the subject of specialization on the basis of my training in the summer and direct projects that I have in the past three semesters,” said Sinha.
Sood, beyond was not sure what he wanted to choose specialization, MDI. “MDI is in B, unlike some schools, where we remain silent before the specialization of entering school. It gave me the time to understand my areas of interest over a period of one year. professors MDI was also very helpful and guided me in deciding on the subject, I had to decide, and I finally decided to do my specialization in the field of marketing and human Moll in resource management, “said Sood.
And waiting in the soil is a dreamer always on the rise, if you have just graduated from school B above in a few months. Sinha’s hope that if a society of their dreams. Otherwise, however, depends, as I have in my last round of collective Institute, “she added.
Mody expectations of landing with a dreamer really see the reality, as the spectre of enterprises, which they DMS IITD’s Campus, sees everyone with equal opportunities. Even Sood seemed optimistic, as he felt that this is the type of work they seek.
Tags: Administration, b school, bright career, business administration mba, candidate, candidate countries, character, conclusion, Delhi, delhi university, dreamer, Enterprise, enthusiasm, experience, faculty of economics, fieldwork, gehegten, history, iitd, indian institute of technology, industry, kapil, Management, management development institute, management studies, master of business, master of business administration, MBA, MBA Programs, MDI, member courses, occupational, Pay-package, rapid increase, sood, specialization, subject, theoretical concepts, theory classes, training Posted in MBA News, conference | No Comments »
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