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

Calcutta: Indian Institute of Management Calcutta quickly to competition from a relatively new market by participating Top Notch B-training - IIT Kharagpur.

IIM-C will soon be the face of competition-IIT Kharagpur

The Union Ministry of Human Resources Development has an RS 10 crore expansion plan for the elite Institute of Technology modernization of its management program for the 2004 session. The course is synchronized as the upper management in the country, but the costs are cheaper than IIMS.

IIT-K, which enjoys university status, was a Master of Business Management (MBM), of course, on its Vinod Gupta School of Management, since 1993, but on a small scale, for a handful of students from IIT .

“We had our plans to expand the MHRD last year after the project was launched by our hotel. Our proposals were adopted, and we can now grow meat and bone meal 120 seats in the first year, “Dean of Management Studies IIT’s TNN Kalyan Chakraborty said.

The IIT Kgp-management course is supposedly the best in the country. In addition, IIMS give only a diploma, because it does not have the status of the university, but IIT two years MBM will offer a comprehensive program completion.

However, in the IIT Kgp-management courses will not be easy, because the admission exam is more difficult than CAT. Furthermore, it is only in first class B or BE degree of proprietary technology. First Class degree holders SC-M or M-com or economics may also, if it is mathematics, at least in their graduation.

“Even our royalty rate is less than IIMS - R 90000 per year against their Rs 1.30 lakh. We said that the MHRD subsidize, we could continue, if desired, and increase our endowment,” Chakraborty said. “Our programme is very well be adapted to the needs of industry.

We have our style Business School on the lines of MIT’s Business School - Alfred Sloan Institute of Management. ”

More than 20000 square metres is added to state-of-the-art classrooms, laboratories, living rooms and a cafeteria. A hostel with 250 rooms is also built.

The MHRD has promised to participate in its funding, but would IIT-K for the costs of the Foundation Fund for the time being

KOLKATA: When he was 11 years old, he began with the reading of the Exchange. A year later, he started betting on horses and by high school, he started an activity (Pinball machines), with a friend, and $ 50 per week.

Over time, when he completed his studies, he not only in possession of a business, but also purchased 40 acres of farmland in Nebraska for its own benefit.

Today, he is the richest man in the second in the world, worth $ 44 billion, according to Forbes 2005. So when he speaks, listen to the entrepreneurs. But not everyone has the chance to receive, Warren Buffett.

In what would be a first in the history of Indian universities, students at IIT Kharagpur’s B-school are given advice on how to successful entrepreneurs from Buffett.

About 35 selected the first and second year students of the IIT Kgp’s Vinod Gupta School of Management in Omaha visit to the United States spend time on May Creighton University and the University of Nebraska, and also talk to Buffett.

Kolkata, April 13 - DIE Indian Institute of Technology Kharagpur (IIT-KGP) hat angekündigt, die Einführung einer Zwei-Jahres-, Teilzeit-und Business-Management-Programm für Führungskräfte arbeiten.

Das Programm, das ist das erste seiner Art in der IIT-System, wäre dies bietet IIT-KGP-Campus in Kharagpur, Kolkata and Bhubaneswar.

Die Aussage, das heute im Rahmen mit einer Schnittstelle newspersons, Prof.. Kalyan Chakravarti, Dekan der Vinod Gupta School of Management, IIT-KGP, sagte der drei jeder Universitäten einschreiben würden 25 Studenten, die gewählt werden, nach einem Einstufungstest würde.

Um in Frage zu kommen für die Einschreibung, Studenten sollten gesichert haben ein Minimum Marken von 60 Prozent in BE, B. Tech, Mr. Com, Mr. Sc, 3 Jahre MCA-oder einer gleichwertigen Prüfung.

Prof. Chakravarti, sagte der Post-Graduate Diploma in Business-Management-Programm konzipiert wurde für die Arbeit Führungskräfte, die sich nicht in der Lage zu verfolgen, Vollzeit-Studium, sondern in der gleichen Zeit brauchen, um ihre-Management für die Fähigkeiten schärfen berufliche Zukunft Wachstum. Das Programm, das aus der ersten startet Juliwoche, besteht aus vier Semestern.

Der der Anweisung angenommen Modus wird, um zu sein “Kontakt-cum-Modus Unterricht Abstand von und Lernen.

Die Kursgebühr ist gekoppelt year Rs 1.8 lach, Rs 45000 oder pro Semester, nach Prof. Chakravarti.

Calcutta, April 6: The chance of rain this summer, the Vinod Gupta School of Management, the Indian Institute of Technology Kharagpur.

And if the placement of the summer in the 11 years of school management is not an indication? And they are certainly an indication fair? The final amount of money value of the investment.

The best India Inc. and some global majors, including ITC, Deutsche Bank, Citigroup, HSBC, DSP Merrill Lynch, IBM, Nestle, and Caterpillar, sank in Kharagpur, the B-brains.

The summer schools and include projects doctoral thesis for a period of six months.

? We welcome the great resonance of individual companies, the training programmes summer on all our 85 students? Says Gautam Sinha, in the training and placement, IIT Kharagpur.

The largest placement agency, the Fast Moving Consumer Goods giant ITC, the cancellation of 15 students? A record among the country? S Management Institute, at school? The officials? For the six months of the stations.

In the area of finance, ABN Amro, Deutsche Bank, DSP Merrill Lynch, Citigroup, IDBI, HSBC, Reserve Bank of India and Standard Chartered Bank is the pioneer of headhunters.

From sales were Marico, Nestle, Rallis India and Bajaj Auto, among others.

Other mediators are part of the staff of IBM, Hewlett-Packard, HCL-Tech, e-service and Systsoft Skytech, Caterpillar, Ashok Leyland, TAFE, Tata Motors, Tata Steel and Tata Chemicals.

In keeping with tradition, four students were selected for projects InfoUSA, the company is owned by Vinod Gupta in Omaha, Nebraska, United States.

They are also used for courses at the University of Nebraska and Creighton University, with the work on the projects.

What would happen if two leaders of the Institute of Excellence? It led to the birth of ideas, projects, exchange of teachers and students and research in various fields. And this will happen, if the Indian Institute of Technology Kharagpur (IITK) and the University of Southern California-Viterbi School of Engineering (USC-AES), hand in hand, and a period of a few months.

A letter of intent was signed on March 23 after USC CL-Max Nikias and Senior Vice President for the Advancement of Alan supplier, visited IIT, Kharagpur. How the educator of cooperation is first on IIT Kharagpur’s Vinod Gupta School of Management, and programs in the fields of information technology / communications, biomedical technology and, especially, engineering management .

– The USC Viterbi School’s Distance Education Network, one of the most important institutions of distance education in engineering, a crucial role in this tie-up. After Nikias, dean, USC-AES, VSE”Das is the homeland of 23 member universities of the National Academy of Engineering, one of two engineering schools in the United States, is the home of two funded by the National Science Foundation Engineering Research Centre: Integrated Media Systems Center, and systems Biomimetische Centre.

These Information Sciences Institute, the birthplace of Internet technologies, including the domain name system and Internet Protocol. The school is among the top 10 engineering programs in the United States and the fourth largest among higher education institutions private, and it has been consistently in the top three engineering schools. And USC emerging dominance in the fields of Solid-State-electronics, communication, signal processing, control and the engineering is well known throughout the world.”An initiative of Vinod Gupta, CEO and founder of InfoUSA Alumnus, accessories and a time of life and Fellow of the Vinod Gupta School of Management, IITK (VGSM-IITK) - tie-up takes place in various fields, especially in the postgraduate (PG). The Dean of the IITK-VGMS Kalyan Chakravarti said:”We have four key areas of cooperation, the sharing of research, distance learning and exchange programmes for students and teachers the PG.

The VGMS will not be the only beneficiary of this tie-up, such as the 19 counties, eight “centres of excellence”, and three schools go, for profit.”Alan supplier, Senior Vice-President for Development of the University USC Reviewed The tie-up said:”In our school, engineering, India is a leading supplier of students.

And IITK is a leading engineering institutes in the world. The tie-up is a long way for the promotion of technical training in the two countries through the exchange of knowledge in all other areas of central forces. In addition, the tie-up will contribute to the exchange of professors and students, who can share their experiences, but all the others.”A formal signing of the Memorandum of Understanding is scheduled for early June between the Chairman of USC and the scene by IITK on the campus of USC in Los Angeles. The IITK Alumni living in the western states of the United States are invited to participate in this important event. Finally, there are plans for the USC Viterbi School of Engineering opened in India on campus IITK campus IITK and openness of the American campus at USC in California.

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

KHARAGPUR: More than 350 well-placed IIT alumni in the US are ready to send aid to their institute and this could run into a few hundred million dollars. But there is a problem.
“Most of the time we keep sending aid without knowing what the institute actually wants,” said Deb Parvati, who deals with Technology in Medical Education in the University of Stanford and is also the president of the IIT Foundation in the USA. This due to lack of dialogue between the authorities and the institute train students.
Deb was speaking at the concluding session of the year long golden jubilee celebrations of IIT Kharagpur.
Deb, however, pointed out that over the past 10 years some worthwhile contributions have been made to the institute by the Foundation in the form of the Vinod Gupta School of Management - the first management school in the IIT chain, the GS Sanyal School of Telecommunications , the VLSI - a state of the art laboratory for electronics and telecommunications engineering students and finally, the linking of every student’s hostel room with computers.
“But we can contribute much more. I am sure there must be lots of ideas that are not being implemented because of paucity of government funds. ”
“The Foundation wants to give shape to such ideas. We want to keep the dollars flowing, but in return we want the dialogue to be on. There is no point donating water coolers in dozens when the institute actually requires something else! “Deb said.
She stressed that the Foundation is keen to be part of the institute’s annual planning meets to help out with strategic planning.
She gave the example of an Anjan Bose IIT Kharagpur alumni from the department of electronics and telecommunications engineering, who is now in the University of Washington.
Bose is ready with funds to help out the institute. The Los Angeles alumni group of the Foundation has also been contacting her regularly asking if they could start sending aid, she said.
She invited the students and teachers to be in touch with her and start the much needed “dialogue” on the needs of the institute.

April 27 - KOLKATA, India - The Indian Institute of Technology (IIT), Kharagpur, plans for setting up a new campus in Kolkata to relocate a large part of its activities in the field of research & development, incubation period of Business and Industry of the interface.

IIT Kharagpur, a proposal to the Government of West Bengal distribution of approximately 100 hectares of land in eastern Rajarhat outskirts of the city. “We have our plans for relocation of R & D, consultancy and business incubator units to the new campus.

Indeed, as a front-end for industry interaction. The idea is to support you on the basis of assessments of information technology business, which in Salt Lake and future-in Rajarhat, “SK Dubey, director of the IIT Kharagpur, said.

IIT Kharagpur, with the completion of the finer details of the new campus. He has no plans for a transfer of the division or academic programmes of the proposed Kolkata campus. “We will soon approach the government with details,” said Dubey. He added that the main objective of the centre is in Kolkata to improving the interaction with industry. “The campus is far from Kharagpur Kolkata. Major part of the R & D enterprise incubators and implementing joint programmes with the industry’s efforts, “he added.

IIT Kharagpur unveiled on Monday, the first phase of a new hostel block 1600 students. The project which was built more than seven hectares, with Rs 20 crore of investment, and Juni’05 have the greatest of all homes IITs. Whole lot IIT Kharagpur Student’s Business School, Vinod Gupta School of Management (VGSOM), is moved to the new facility. “We will combine the rehabilitation of the existing at a youth hostel spent managing the development programme and Executive Education Center. He was willing, at the beginning of the next academic session,” said Kalyan Chakravarti, dean of the VGSOM.

March 14 - 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 resident of the famous dabbawallas honcho Mumbai.

When he solved the secrets of the 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 unique coding system for identifying 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.

For us, the strike means suicide, “said Tripathi. Dabbawallas For those who have both Six Sigma and ISO certification, these certificates would mean