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

QWIKY’S, unlike the Baristas and coffee nowadays, a strategic decision on the Fast-Track of its publication in the coffee shop franchise route.

It is an innovation strong enough for India RS 200-crore coffee, a coffee, an industry where the projection of the number of cafes in the country zoom 5000 from the current level of less than 150 of 2005!

Qwiky founder and CEO Sashi Chimala said here Saturday that there was an overwhelming response to its decision to take franchised route.

“We have over 400 applications not only in metros and large cities, but from distant places, as in Assam, Guwahati, and even for Bangladesh and Sri Lanka,” he added.

Regarding the exploitation of the first publication franchise in the country, Bangalore’s busy CMH Road, in elegant residential colony Indiranagar, “said Chimala had to pay each franchisee RS 6 lakh Qwiky in advance, the biggest part of it toward defraying the cost of the coffee machine. Qwiky the second free publication will soon be opening in Delhi.

“During Qwiky’s has clearly shown that it can not guarantee the franchisee success in an open market, we took the road, we offer a major challenge. We had to streamline our process quite transparent, to ensure that the quality of say, cappuccino offered by franchisees is the only defect of the Qwiky and its own stand-alone coffee bars, “said Chimala.

Qwiky’s, currently about six stand-alone coffee cafes and plans to develop, that the 50 October 2003, the fourth anniversary of the month its first publication was set up in downtown Chennai.

Enlargement, Mr. Chimala, funded by private placement of $ 4 million in the USA, where he began his career as a software engineer in the year 1979.

At the same time, ’s Qwiky also to strengthen the dose segment of the market by launching a brand of Push-Button appointed automatic coffee aroma. “I see a market for them, especially in rural areas, where hot coffee and cold can be offered at a fraction of the price of coffee-cafe urban consumers pay,” he added.

Qwiky’s incursion was more visible in the mark-sharing, coffee island concept. “It allows us a Qwiky brand outside our experience and manages pubs and us, but with carefully selected partners Premium in retailing. Our first coffee of the island was in the lifestyle, leader of the chain of retail trade in Chennai, Hyderabad and Bangalore. Qwiky’s also a cafe on the island, in a world in Chennai Music Store and some of our outlets and to distribute their CDs and cassettes . Qwiky’s national now has an alliance with coffee Hide signal of islands in some stores and hide the signals to offer their brand of leather products Were you in our ads, “he added.

Qwiky retailing, the third model is coffee-kiosk. In partnership with BPCL, Qwiky’s coffee has set up kiosks in 35 service stations in Delhi and Chennai. Coffee kiosks were also put in place, such as centres Mauryareich Satyam theatre in Delhi and Chennai.

“For the first time in a few weeks from now, coffee is Mauryareich in the cinema and offered to customers sitting in their seats. Innovation is the name of the game, and since we are catering to a largely the youth market, we are introducing Qwiky outlets in high schools, starting with the symbiotic Management Institute in New Delhi, “said Chimala.

Mumbai: Mudra of the pump in the initial plan an investment of Rs 200 - 250 million euros to establish a communication from the Research Institute called Mudra Institute of Communications Research (Micore).

This is the second draft of the Mudra Foundation for research and education communication after the launch of C-Mica school in the year 1991.

With a 6 hectares Mica enlargement on campus, the new institute will have its headquarters in Ahmedabad. In announcing the initiative, act Micore dean and a member of the Board of Governors Mica Alan D ‘Souza said that pregnancy any reduction in the city would be about 2-3 years.

From left to right: Alan D ‘Souza, M. Madhukar Kamath & Ang Peng Hwa each a smile on the establishment of Micore

In addition to the overall objective the benefit of talent, the Institute is currently conducting a global search for a dean. Also present at the event that informs the media, on the initiative of the Foundation was created Mudra Mudra and MD, President and CEO Madhukar Kamath and the school of communication and information, Nanyang Technological University, Singapore, Associate Dean and Professor Dr. Ang Peng Hwa

The research priorities are integrated marketing communication, cultural communication, semiotics, entertainment, film studies, computer games and cyber-culture and social studies and development of communication technologies. To that end, Micore in the disciplines of psychology in consumer behaviour, economics, anthropology, sociology, art, design, languages and management. The idea is to create a symbiotic relationship between the mica and Micore.

Once in operation, the Institute be ready for funding research in the above fields and time to attract external funding. The documents are not only freed, in an official journal Micore, but also to be published in international journals, “said D’Souza this site.

He added: “The 21st century will be profoundly influenced by the communication of science and art. Of course, there will be an information overload, it is that communicates the east with whom, when and how. Any attempt to improve the quality of life depends on changing patterns of communication “.

“It is a necessity, on the relationship between knowledge, information, direction, understanding, dialogue and monologue. The technology becomes increasingly changed the way we learn, work and enjoy with us. Therefore The need for a study on the role of the evolution of communication in this new context and sharpen the tools and effective as we humans. Authentic document research is needed to bridge the gap between what information is available and what are the necessary information. Micore will help bridge the gap filled.

Micore to review research in areas related to issues of local communities. Micore interest groups of all types of companies marketing all types of goods and services, governments at all levels (national, provincial, circle or panchayats), the media, national and international marketing agencies and communication of developmental biology, NGOs, society as a whole communications and researchers, practitioners and academics, informs an official version.

Pune: automation processes energy conservation major Forbes Marshall has been transferred from the State Prize for industry design MiniMax boilers for their homes.

This is the first time that the design of a price for an industrial product. The Design Excellence Awards from the National Institute of Design, in 17 different categories this year, by the jury of Korea, Japan, Israel and India.

What distinguishes products from one category to another outside aesthetics, the use of innovative materials and ergonomics mounting reduces costs and time, “said Nachiket Thakur, Senior Designer Forbes Marshall, who Minimax.

The product design, with its texture aluminum resistant to scratches, the front, he managed to salvage percent to 45 percent of production and assembly, while improving the current appearance, says it. The MiniMax compact boiler is unique in its category and the smallest boiler in the country, in conformity with the regulations Indian boiler.

The boiler with a capacity of 750 kg per hour, 1800 litres of water flow tank and 300 litres of fuel oil tank. Its uniqueness is its modularity, which is a First-of-its-kind on the market. It applies to small businesses - such as laundries, restaurants and hospitals - where steam is required for processing.

The product has all the components mounted on a single skid, which allows “plug and play”. “It is not only good and is comfortable to use, but it is technically advanced to maximize efficiency. Using the typical product has a payback time of one year is significantly lower than the competing offers,” naushad said Forbes, director of Forbes Marshall, received the award recently with Thakur at an awards ceremony in New Delhi recently.

The RS-200 crore Forbes Marshall devotes about 5 percent of its turnover in research and development (R & D). His department & R is constantly upgrading products and designs of the introduction of new products with modern appearance and function.

Recent designs a new product compact pump condensate, a boiler management system, Aquamon (analysis of the water quality) and thermo-compressors. “Industrial Design is emerging in India and stage of rewards as it will help attract attention to the spread of industrial development and promotion of more people in the region, including engineering design,” said Thakur.

These distinctions are part of a comprehensive plan for the formulation of the “political” by the central government, he said.

Thiruvananthapuram, December 31 - The Kerala State Electricity Regulatory Commission (KSERC) has a Kerala State Electricity Board (KSEB) asked the maintenance of tariffs and other taxes for the rest of the year 2003-04.

Briefing newspersons in the guidelines on revenue of all the requirements (CPP) and expected income from fees (ERC) for KSEB for 2003-04, Mr. MGK Pillai, chairman, C. and M. Balakrishnan, member, the Commission strongly recommended that the government grant Release Rs 375 crore to KSEB in monthly and grant permission for the maintenance of a customs amount of Rs 182.56 crore

There was also a qualified agreement on a proposal for KSEB “truing-up costs and revenues at the end of the year and the adjustment of taxes on fuel and other costs as a separate application.

In return, the board has been invited to perform truing up of all expenditure and revenue receipts. The committee would also be invited to a long time, all details regarding the various positions of support, with such data as requested by the Commission.

Past, the Commission approved a ARR of Rs 3697.83 crore ERC and the entire Rs 3141.37 crore against the RS 3850.31 crore and Rs 2924.23 crore KSEB projected for 2003-04.

The revenue deficit of Rs 556.46 crore would be full of concessions and subsidies by the government. This included the release of Rs 175 crore in cash in the form of grants, in the state budget and the granting of additional grant of Rs 200 crore.

Borrowing and debt service: The Commission noted with concern “increasingly” KSEB debt burden. The total debt at 31 October 2003, was Rs 5,043 crore against the net fixed assets the strength of the R 6000 crore, including work in progress.

The food was not due diligence in the discharge of their financial transactions, particularly in lending right. The Commission found it difficult to justify the obligations of Rs 1,002 crore on 31 October 2003, interest rates of 10 per cent to 13.5 per cent.

He had expressed serious reservations against the replacement of loans, based on a profit of Rs 7.15 crore per annum. The need for items such as interest on cash credit for operating capital and the rising cost of finance fletschte total lack of financial planning. The Commission has sought, the Committee for the preparation and presentation of a White Paper on debt service, not later than 31 January 2004, the state government, the State Board panoramic, l except himself.

Capital works: The KSEB has proposed an investment plan as a basis for Rs 500 crore for capital investment works 2003-04. But this is not any programme of work of the Commission said.

The signs say simply, the objective data and progress in the financing of expenditure to 31 October 2003. The Board of Directors seem not to have a draft of each monitoring system and control of the continuation of budgetary control was the accident.

It would appear that loans for investment projects, which has remained unused financial losses for the Committee.

The Institute should immediately introduce a system of project management, monitoring and control, and the costs and time overruns capital costs are absolutely be avoided.

The Commission custody, it would be so that the interests on loans narrowed still unused or misused.

The Commission also wanted the Board of Directors, a detailed investment plan for capital works during 2004-05.