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Gearing up for CAT 2017

The time has come, when you have to get into a concentrated test mode and attack the questions in earnest. CAT 2017 is on November 26 and so this makes it your last lap to the all-important B-school entrance test. ... Read More

CORPORATE INTERVIEW

Collect the dots before connecting them

...says, ANURADHA DAS MATHUR, Founding Dean at Vedica Scholars Programme for Women. This Yale University fellow talks about her brainchild Vedica, gender stereotypes and a lots more. A tete-a-tete with Alolika Banerjee. ... Read More

Count DOWN

World's most valuable brands

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Success STREET

There's more to success than IQ

Multiple independent studies from across the world have all confirmed that emotional and moral intelligence are far more closely linked to career success than IQ. ... Read More

Top 10 qualities for the perfect MBA material

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Snippets

News in brief

Saudi Arabia emerges as top draw for Indian job seekers in Gulf: The United Arab Emirates (UAE) has emerged as the leading destination for Indians migrating to the Gulf in search of work, according to 2017 first six months' immigration clearance data. ... Read More

Must READS

• The Fifth Discipline
• Pachinko
• The Ministry of Utmost Happiness
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Corporate WORLD

Electric Vehicles in India: What the future holds

Indian auto industry is up for a major overhaul after the government's ambitious target of going for all electric vehicles by 2030. ... Read More

McDonald's-Bakshi altercation: The way ahead

The first outlet of McDonald's opened in India in 1996. Today, the disputes between the fast food chain and Bakshi have escalated so much so that it can lead to a breach of the terms of their franchise agreement and put thousands jobless. ... Read More

Chandra & his revamping of the Tata Group

Chandrasekaran has brought back stability to the Tata Group, which was embroiled in a boardroom battle after the ouster of former chairman Cyrus Mistry. His removal rattled shareholders & sent shockwaves. ... Read More

Study HOUR

Word Dose

I was a posthumous child. My father's eyes had closed upon the light of this world six months, when mine opened on it. ... Read More

Globescan

A quiz to boost your General Knowledge ... Read More
No PAN card required for jewellery purchase of over Rs 50,000
Any kind of jewellery purchases whose worth is over Rs 50,000 will not require the income tax permanent account number (PAN) to be provided after the government has reversed an earlier notification, providing a big festive cheer for the sector and potential customers.

Jewellers will also not be required to inform authorities on purchases from their stores of over Rs 50,000 after the government cancelled a notification issued on August 23.
Tencent invests $400 million in Ola for 9.57% stake
Chinese internet conglomerate Tencent has invested $400 million in ride-hailing major Ola in a deal, which will help to take the total capital mobilised by the Bengaluru-based company in the last 12 months to $800 million.

Singapore-based Copper Technology Pte Ltd will take a 9.57% stake in Ola, according to filings with the Registrar of Companies.

Copper Technology is an entity owned by Tencent.

Ola's parent company ANI Technologies Pvt. Ltd has issued shares to Copper Technology for Rs 13,521 a piece.
Tata Sons may soon shut down Tata Teleservices
The Tata Group informed the government that it plans to shut its wireless business, bringing an end to its 21-year-old phone services venture.

Tata Teleservices is the telecom unit of the Tata Group.

This will be one of the first big Tata units to be shut in the group's 149-year-old history. Tata Teleservices, which was set up in 1996 with landline operations, has had a checkered history.

It launched CDMA operations in 2002, then adopted GSM in 2008 and received Rs 14,000 crore of investment from NTT Docomo, which eventually decided to exit the joint venture in 2014.
Despite duty cut, Centre's oil revenue set to rise 13%
The Centre will rake in Rs 2.73 lakh crore from petroleum, oil and lubricants (POL) this year, the Central Board of Excise and Customs (CBEC) has estimated.

And, this is despite the cut in excise duty on petrol and diesel.

The reduction will cost the exchequer around Rs. 13,000 crore during the second half of the financial year but the estimated collections will still be 2.75 times higher than the collections in 2014-15, the first year of NDA rule.

Compared to the last financial year, when the Centre collected Rs 2.42 lakh, crore the increase will be of the order of 13%.
Along with iPhone 8 and 8Plus, Apple launches its flagship device till date - iPhone X
Apple has unveiled the £1,000 iPhone X, the latest generation of its flagship device. The all-glass device has an edge-to-edge display and no home button. It unlocks using facial recognition software and features wireless charging.

Tim Cook also launched the iPhone 8 and iPhone 8 Plus, two new phones that have 4.7-inch and 5.5-inch screens. Like the iPhone X, the devices also have an all-glass design and can be charged wirelessly.

In addition to the phones, Apple announced a third generation of its Watch and a 4K Apple TV.
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