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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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ZEE Network has announced an in-house reorganisation possibly in the wake of Zee TV President, Ms Apurva Purohit’s plan to quit.
The company says the move is aimed at job enrichment and offering higher responsibilities.
Mr Sunil Khanna, CEO, Zee Turner, would take over from Ms Purohit. Mr Khanna has been with the Zee Network for 10 years, occupying various positions, and has a track record in distribution and marketing. Mr Khanna, an engineering graduate from IIT Kharagpur and management graduate from the Indian Institute of Management, Bangalore, is a marketing professional having worked in various marketing positions before joining Zee.
Mr Ashwini Yardi, Business Head, Zee MGM and Zee English, will assist Mr Khanna as head of programming for Zee TV.
Mr Khanna is expected to take over formally at Zee TV in Mumbai after Ms Purohit’s service period ends on 31 January.
Mr Dheeraj Kapuria, at present heading operations of Zee in the US, will take over as CEO of Zee Turner from Mr Khanna. Mr Kapuria’s deputy in the US, Mr S. Venkatasubramanian, will take over from him.
Mr Sunil Rohra, head of the UK operations and Mr Pushpinder Singh, head of the Africa operations, will report to Mr Kapuria, a press release said.
“This re-organisation is a result of our learning from an in depth internal communications exercise in which I met most of the managers within the network to assess the width of in-house talent. It was truly satisfying to reaffirm that we have an extremely talented pool of people in-house. I believe by enriching their portfolios, they will lead Zee Network into the New Year with greater vigour and effect,” the release said quoting Mr Subhash Chandra, Chairman, Zee Network.
Some of the executives have been given additional responsibilities. Mr Abhijit Saxena, currently handling international business (Asia-Pacific) and syndication of programming, will handle Zee English, Zee MGM, Trendz, Smile TV and FX Channel as business head. Mr Yogesh Radhakrishnan, in addition to his current portfolio of Zee Cinema and Zee Music, will also handle Premier Cinema, Action Cinema and Classic Cinema.
Tags: abhijit, Africa, Apurva, ashwini, Asia, bangalore, Business, business asia, business head, CEO, Chairman, Chandra, communications exercise, company, depth, deputy, dheeraj, distribution, effect, engineering, english, enrichment, FX Channel, head, Indian, indian institute of management, indian institute of management bangalore, January, job, Kharagpur, management graduate, marketing, MGM, move, Mr Kapuria, Mr Khanna, Mr Pushpinder, Mr S. Venkatasubramanian, Mr Subhash, Mr Sunil Khanna, Mr Sunil Rohra, Ms Purohit, Mumbai, network, New, Premier Cinema, President, president ms, press, programming, purohit, record, release, reorganisation, service, service period, Singh, subhash chandra, talent, talented pool, track, Turner, U.S., UK, width, yardi, year, yogesh, ZEE, zee mgm, zee network, zee tv Posted in MBA News, MBAs | No Comments »
Higher education in India have been different and various streams each flow a little body, indirectly by the Department of Human Resources.
Universities are funded by the State Governments. However, there are 12 central universities by the federal government and financial means relatively large, have an economic advantage over the other.
The University Grants Commission coordinates, sets standards and grants to universities and colleges. The University of Delhi in New Delhi, India, for example, has more than 75 universities associated with his name. Some of the oldest institutions of higher education are St. Stephen’s College (founded in 1881), Hindu College (founded in 1899) and Ramjas College (founded in 1917). The teaching in these schools is heavily subsidized and can be as low as $ 50 per year in the Undergraduate level.
A bachelor’s degree in art, natural sciences and trade lasts three years, after 12 years of schooling. In specialized fields such as law, architecture, engineering and medicine, licensing program is five years or more.
A master, attending courses is done without a thesis is a general rule, a commitment of two years. A pre-Doc program Master of Philosophy (M. Phil), after the Master’s degree. This can be either on the basis of research or can also be used as they work. A doctoral program lasts between three to five years, depending on the completion of an original thesis.
Two Indian-known in the professional world institutions are as follows:
The IITS: The Indian Institute of Technology, Engineering India produces its exports. Institutions were by the Government of India as “the institutions of national importance” in early 1950 by former Prime Minister Jawaharlal Nehru in a post-freedom of socialism to create for technologists public service projects works. There are seven IITS in the country is in Bombay, Delhi, Kanpur, Kharagpur, Madras, Guwahati and Roorkee.
That competition is tough and more than 150000 High School seniors spend their last two years at the school to prepare for qualifying examinations of the county (JEE). Last year, 3500 students were only accepted - less than 2 percent.
The IIMS: The Indian Institute of Management, including the Government of India in the years 1960, it is the best business schools, whose students throughout the world. Located in six cities - Ahmedabad, Calcutta, Bangalore, Lucknow, Indore and Calicut - IIMS behaviour of postgraduate diploma in management programs (MBA equivalent), as well as scholarship programs of research and consulting for industry. The demand for MBA graduates in India has recently liberalized the economy and swelling last academic year for students preparing for the Common Admission Test (CAT) December.
Tags: architecture engineering, doc program, economic advantage, former prime minister, government of india, high school seniors, higher education in india, hindu college, institutions of higher education, jawaharlal nehru, Kharagpur, new delhi india, public service projects, state governments, university grants commission, world institutions Posted in MBA News, som | No Comments »
The Graduate Aptitude Test in Engineering (GATE) is a review of all India and operates in eight areas across the country. The review conducted by the Indian Institute of Science (IISc) and seven Indian Institute of Technology (IITS), mandated by the Ministry of Human Resource Development. The eight institutes, alternately in the implementation of the review and GATE 2007, under the leadership of IIT, Kanpur
The IITS Mumbai, Delhi, Guwahati, Kanpur, Kharagpur, Chennai and Roorkee later IISc, Bangalore form the eight areas in which students can review.
The main objectives of GATE:
Serve as a reference for the normalisation of Undergraduate engineer by training.
Acting as a mandatory qualification for the award of scholarships assistantships and the Ministry of Human Resource Development.
Log on the national level, motivated and deserving candidates for admission to postgraduate programmes in engineering sciences, technology, architecture, medicine and pharmacy.
The eligibility criteria for GATE:
Bachelor’s Degree in engineering owner / Technology / Architecture / Pharmacy (4 years after 10 +2) and those who during the last or penultimate year of these programmes.
Master’s degree holder in each branch of Science, Mathematics, Statistics, computers or applications equivalent to those who, during the last or penultimate year of programs.
Candidates for the second year of increase, or four-year integrated Master’s degree in engineering or third year, or more than five years, integrated diploma sandwich and engineering.
Candidates qualified by the investigations under the direction of professional societies and UPSC AICTE recognized as equivalent to Bachelor of Engineering and Technology are also eligible.
Tags: aptitude test, bachelor of engineering, degree holder, deserving candidates, engineering sciences, human resource development, iit kanpur, indian institute of science, indian institute of technology, Kharagpur, ministry of human resource, ministry of human resource development, more than five years, postgraduate programmes, roorkee, science mathematics, technology architecture, undergraduate engineer, upsc Posted in Full, MBA News | No Comments »
In recent years, India has undergone enormous economic progress, but progress in traps in the form of air, water, noise and soil pollution. On the positive side, large-scale degeneration of the environment has many opportunities in another branch of the art - the environment. Today, the environment, engineers have an important role to play in providing security guards for the environment.
According to the assistant professor, environment, Indian Institute of Technology in New Delhi, AK Mittal,”graduates and postgraduates in the fields of environmental engineering have a variety of options in the form of openings in the Industry, stations Sewage in environmental management planning and public sector enterprises.”They are regarded as analysts within the framework Pollution Control Board and the State Pollution Control Boards, at he added.
Yes, what kind of context, is doing research on specialized high schools, while admitting students in this branch of art? Mittal bemerkte”Environmental IITS engineering branch in New Delhi, Kanpur, Kharagpur, Chennai and Delhi offer programmes of M-Tech-level, but only for those at the B-Tech in civil engineering. In addition, M-student technology programmes have been approved by Graduate Admission Test in Engineering (GATE).”
The IIT-Mumbai M-Tech offers the program in environmental Engineering Through a division known as Centre for Environmental Science and Engineering.”Most institutions of higher technical education in the country offer Undergraduate programs in terms of technical environment.
Regarding compensation, Mittal pointed out,”In the normal case, the environment, engineers start with a salary between 10000 and R 12000 R in the public sector organizations, but it could be higher the side, if a member of the private sector. In addition, consultancy firms in other countries to recruit engineers on the environment for various environmental projects.”
Not only that, there are opportunities for students Master of Science and even Ph E-programmes in the fields of environmental engineering of the USA of U.S. and European universities, “said Mittal.
Tags: admission test, B. Tech, economic progress, environmental projects, environmental science and engineering, graduate admission, IIT-Mumbai, indian institute of technology, kanpur, Kharagpur, m tech, master of science, mittal, pollution control board, pollution control boards, public sector enterprises, public sector organizations, soil pollution, student technology, technical environment Posted in ACCA, MBA News | No Comments »
It costs Rs 10 lach, an engineering degree. Even when IITs facilitate a brain drain, that the countries are not likely to make some of the famous graduates to try their bit. Dipak Ghosh reports USUALLY, the path followed by an IIT graduate is as follows: a university abroad, on the completion of the course, you are looking for a lucrative offer, and that more searches up to a green card. But the unpalatable truth is that the costs Rs 10 lach for an IITian. It is a high price to pay in a developing country like India, especially in West Bengal today, in one of its worst financial crises. Accordingly, the Indian Institute of Technology, created with the idea that state-of-the-art technology-based engineering training, as well as values and ethics einschärfen in harmony with our national values — in other words, for professionals of concern for national needs - to promote a brain drain, that the country is not likely to provide. The millions of dollars of the issue is whether the former IITians - formed in large part on money from the public treasury of the state - still give something, to the outward and return journeys. Especially given the fact that foreign students in universities, mostly run by private organizations, often to pay a certain percentage of their salary to their Alma Mater. An institute as IIT, Kharagpur, for example, which has a number of famous companies and the masters of heavyweights in the industry - Purnendu Chatterjee (founder of Haldia Petrochemicals), Arjun Malhotra (Chairman and Chief Executive of the list Hardware Compatibility computers); RN Mukerjea (Senior Vice - Chairman of Larsen & Toubro); R Gopalkrishnan (Tata’s Executive President) - certainly deserves better than his own Alumni for success stories. After former director, GS Sanyal, enjoys a status icon in IITians school graduates who go abroad, the technical upgrading of the country’s ambassadors. A loan from the alma mater remains IIT Foundation, a non-profit organization in 5000 graduates, which is headquartered in the United States and Canada. The Foundation has a full business school named Vinod Gupta, given US $ 2 million to set it up. The idea is to dazzle and technology, management, ie enable managers to understand and appreciate both critical technology and management issues of their implications. Arjun Malhotra Kiran and his wife have contributed to the state-of-the-art GS Sanyal School of Telecommunication. The advanced VLSI lab on campus is primarily funded by the Foundation is the maintenance of hardware and software, the salaries of teachers and staff, as well as the visit of the faculty, teaching short sessions a year. A visionary idea of Silicon Valley Subhash Patil, the Golden Jubilee, the network of PCs with Internet and Intra-net for all students of the Auberge 3500, in his room, for the world. The Foundation also announced a grant of Rs 5000 for students in need, even more meritorious character whose name in the Top 100 of the commune of the review of salaries list. But in comparison with the 320,000 men Alumni IIT Kharagpur, now, as Arjun Malhotra, Vinod Gupta, and Subhash Patil are rare. “In IITs, the government has made substantial investments to obtain maximum and a minimum return,” says a member of the Faculty. “The government must take stricter measures for the brain drain.” But Professor GS Sanyal is not ready to accept that the former IITians convenient employment settle abroad, and there is not something to the whole country. “They are the companies that earn foreign exchange and, more importantly, they share the technical know-how with the IITs, in pursuit of a low-cost solution to the basic problems to do with the food, shelter, potable water, health and education. “However, as many of the former IITians really do?
Tags: developing country, engineering degree, engineering training, executive president, financial crises, haldia petrochemicals, hardware compatibility, heavyweights, indian institute of technology, Kharagpur, national values, private organizations, public treasury, return journeys, school graduates, state of the art technology, status icon, unpalatable truth, west bengal Posted in MBA News, harris richard | No Comments »
KOLKATA: What does it take to a great director? Qualities of leadership, management skills, thinking quickly, a lot of intelligence and the right direction at the right time. All this and much more, on the test was the fifth and final leg of the zonal The Economic Times Citi Grand Masters, took place on Indian Institute of Management Calcutta on Saturday. And the 12 participants from four leading institutes proved that she had what it takes to cut.
At the end of the day, when he was IIM Calcutta’s Team of Vijay Anand Menon and Arnav Sinha, specific to the region, with the tollte top honours at home. The first runner-up, a team of IIT Kharagpur, for its part received Goodies like the other participating teams.
The six teams - an IIM Calcutta, two XLRI Jamshedpur, two IIT Kharagpur and ICFAI Business School - were evaluated in a comprehensive manner by a large number of activities. The day began with a game to test its financial position Treasury ingenuity, followed by the presentation of the results of the analysis of the event and led to a game of the direction of Andrew Scolt Derek O ‘Brien & Associates, which is is maintained with all its joke.
The students presented their case to a jury composed of Citigroup director Harjeet Kohli, head of retail banking for Citigroup Rahul Soota, Senior VP ICRA Anuradha Ray, associate director of KPMG Anupam Ray and ISC processors MD Arab Indra Singh. And even as IIMC team has proved Finalist for the fifth area, the public has its own share of the fun and tension as well. Together with a few distinctions aside specifically for them.
It was the first national school B challenge in its class B refers students a national platform of competition and Excel in the field of business. The content and methodology of the entire championship was powered by Icra.
“This event, as it contained a currency exchange gambling, a business case and analysis of game which is different from normal events that occur because it is testing the extent to which the management of a rounded student rather as a test of its capacity in one, “Was what Vijay Anand Menon of the IIM-C-winning team had to say.
Citigroup’s Rahul Soota welcomed the unique form of challenge, which enabled the participants in groups to compete. “I was really impressed with the quality of talent,” he said. Echo of the same opinion, Anuradha ICRA-Ray said that we wanted a little more time, the questions and answers of the session, after the fall further analysis of what people were thinking.
The Economic Times Citi Grand Masters had begun with a case study online on the automobile and the banking sector. Having observed by a host of factors, the B-schools across India, six teams have been selected to compete in zonal rounds in New Delhi, Bombay, Ahmedabad, Bangalore and Calcutta. The five round winners zonal - IIFT Delhi, IIT Bombay, IMT-Ghaziabad, IIM Bangalore and IIM Calcutta now - is lock horns in the grand finale scheduled in Mumbai, Jan. 30.
The teams in the final phase slug it out is a set of business-as quiz champion Derek O ‘Brien.
Tags: anand menon, anupam, anuradha, arnav, currency exchange, grand masters, iim calcutta, indian institute of management calcutta, indra singh, institute of management, Kharagpur, leadership management, national platform, o brien, scolt, vijay anand Posted in MBA News, som | No Comments »
March 13 - KOLKATA, India - Kharagpur Nebraska, it is part of him. Students, teachers, delegates et al - all of them. All experts, to varying degrees on the subject of management in the various disciplines. She: an insignificant Manish Tripathi, passing, managers and volunteers IOC Mumbai Tiffin Box Suppliers Association (MTBSA), in short, a head honcho of the famous dabbawallas Mumbai.
When he solved the secrets of 116-year-old Supply Chain Management dabbawallas logistics, students and teachers, engineers and management services of IIT Kharagpur heard enthumansiaste attention.
Thus, a delegation of 39 people, a visiting professor at the University of Nebraska, Omaha, USA, which is the Vinod Gupta School of Management (VGSOM) at the IIT, Kgp. Indeed, this modest dabbawallas extensively in “Gandhi topi” have perfected a system that has earned, Six Sigma, a notation of Forbes, which indicates that the error rate is only one in 16 million transactions ! No wonder, even if slowly fancy MBA professionals have loudly these dabbawallas teach them that one or two!
Every day, 5004 dabbawallas, including four women, leading some of 2 lach dabbas average apartments and offices, with a total area of 60-70 km. You use a coding system for unique identification of the dabbas and use of the extent of the network of trains in Mumbai’s local as their primary mode of transportation. That’s a cool lach 4 transactions per day, with a turnover of about Rs 30 crore per annum.
The main features of their supply chain - 0% of fuel, 0 percent participation, 0% disputes, and 99999 percent to 100 percent customer satisfaction. “During the last 116 years, we will never have a strike, given that every human being is a shareholder of the operation. For us, the strike means suicide,” said Dr. Tripathi.
For dabbawallas have both the tools of Six Sigma and ISO certification, these certificates mean anything. Indeed, the Six Sigma certificate is clearly collecting dust in the cupboard. “Everything that we take care of consumer satisfaction,” says Tripathi. Indeed, if Prince Charles has expressed interest in a meeting with them, he told the Church Gate, so that his reading of delivery were not affected. And Virgin Richard Branson, boss really traveled with them to provide its employees dabbas!
Although dabbawallas still think, quite simply, and they have now started booking through SMS commands, and a website, to familiarize themselves with the changing times.
And their management mantras? Mr. Tripathi has outlined a number of points of the agenda. Maintaining operating costs as low as possible to maintain the investment costs to a bare minimum, your customers never deviate from your core competencies, the organization horizontal extras for fault tolerance and to know the impact of the failure, there were only a few points we raised.
While all yet come away impressed at the end of the meeting, foremost, students from the visit of the delegation from the University of Nebraska, who have never seen or heard of an organization I. “It is fascinating to see a store, where everyone has the same work. It is very unique,” said Andrew Elliot
Tags: collecting dust, four women, head honcho, Kharagpur, kolkata india, manish, mba professionals, mode of transportation, mtbsa, omaha usa, six sigma, suppliers association, supply chain management, university of nebraska, university of nebraska omaha, vgsom, vinod gupta school of management Posted in MBA News, harris richard | No Comments »
MUMBAI: Go to any business school and chances are that of every 10 students, six have an engineering background. It was a matter of time, therefore, for engineering schools to factor this in by introducing programmes that produce engineers with a degree in management.
At least that is what the Vinod Gupta School of Management (VGSOM) at IIT Kharagpur has thought of. In May this year, the B school launched a dual degree programme: a B.Tech combined with an MBA.
“Most IIT engineers opt for management after graduation.We spotted an opportunity there,” says dean P K Gupta. IIT-Mumbai’s Shailesh J Mehta School of Management intends to follow with a similar programme in 2007.
Though dualdegree programmes clubbing an undergraduate programme with a masters already exist, the cross-discipline coupling is a new feature.
For the IITs the logic is simple. They are the top dogs among engineering schools.Over the years, their management schools too have built an enviable reputation.
Tags: btech, engineering schools, enviable reputation, IIT-Mumbai, k gupta, Kharagpur, management schools, mehta, new feature, school of management, top dogs, vgsom Posted in MBA News, harris richard | No Comments »
NEW DELHI, as part of initiatives to improve the supply of electricity in the country, the powers of ministers on Thursday PM Sayeed distribution reforms training programme aimed at increasing capacity by more than 25000 employees in the industry.
“Distribution is the cutting of the energy sector, and the training programme is needed for entry directly in the process,” he said after launching the programme.
The training program, which is part of $ 30 million in India reform USAID distribution, updating and management (drums), the project will be in 11 institutions, including the training institutions National Power, Power Management Institute, Central Power Research Institute and IIT - Kharagpur.
Sayeed, a structured and integrated approach is needed for the development of human resources in the industry to monitor the progress of the rapidly changing technology and rising consumer expectations.
The program, which will be responsible for the support of the United States Agency for International Development, focuses on the provision of training programme to more than 25000 people in the commercial, technical, safety and management aspects of power, he said.
Power secretary RV Shahi, said food is the first priority, like other reform measures can not succeed until segment improved.
Tags: 30 million, drums, electricity, energy sector, Kharagpur, New Delhi, pm sayeed, power management, reform measures, rv, segment, united states agency, usaid Posted in MBA News, class | No Comments »
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