Current Issue

Cover STORY

Cracking GD-WAT-PI: It all begins with you

Today, B-schools are adding to the traditional methods of group discussions and personal interviews. The process is often augmented by a written ability test. Of course, the most important is the PI. We give you a few tips for the best way to get through this round. ... Read More

CORPORATE INTERVIEW

Let no one tell you that you are incapable

says RUTIKA MALAVIYA,CEO, Rooh Entertainment, Animation Digital Digest and Licensing Corner. In an interview with Alolika Banerjee, she talks about how she metamorphosed from an introverted person to a successful entrepreneur today. ... Read More

MBA BUZZ

B-school tests after CAT

After CAT gets over on November 26, there are a host of other important management exams lined up this season. Let's take a look. ... Read More

XAT 2018: A perfect alternative to the CAT

About 80 to 90,000 students take the XAT compared to the 2 lakh plus students registering for the CAT. This means that every student taking the CAT does not necessarily take the XAT. Let's break the myth and unravel why every CAT-taker should also take the XAT. ... Read More

Count DOWN

Fifteen important events of 2017

... Read More

Success STREET

Learn the need to reflect and conceptualise

Says, SURESH VENKATRAMAN, Chairperson Admissions IFMR. In an interview with Advanc’edge, he shows the way for management aspirants to cross the GD-WAT-PI hurdle. ... Read More

Snippets

News in brief

India receives first GE locomotive under $2.5 billion deal General Electric’s first diesel-electric locomotives have arrived in India, and this officially kicks off the US conglomerate’s $2.5 billion plan to supply 1,000 such engines. ... Read More

Must READS

• The Effective Executive
• Exit West
• Angela's Ashes
... Read More

Corporate WORLD

Demonetisation 2016: Taking stock after a year

The demonetisation initiative by the Government of India in November 2016 came as a surprise. With the note ban in place, the common man faced a lot of difficulties. But how does the situation stand a year later? An analysis. ... Read More

Paradise Papers leak: A breakdown

News recently was abound with the Panama Papers leaks, and the celebrities and companies named in the leaks were from across the world. Why do such leaks occur, what do they plan to achieve? And of course, do these leaks really have any consequences? ... Read More

All you need to know about Bitcoin

The word Bitcoin is seeing a lot of bandying about, with people across the world sitting up and taking notice, and many others trading in the cryptocurrency. But what is Bitcoin, how did it come about, and where is it headed? ... Read More

Study HOUR

Word Dose

The light and warmth and the Count’s courteous welcome seemed to have dissipated all my doubts and fears. Having then reached my normal state, I discovered that I was half famished with hunger. So making a hasty toilet, I went into the other room. ... Read More

Globescan

A quiz to boost your General Knowledge ... Read More
More than 450 dead in Iraq and Iran in the world's deadliest earthquake this year
A powerful earthquake struck near the Iraqi border, killing more than 450 people and injuring thousands of others in the world's deadliest earthquake so far this year.

The quake, recorded at 9:18 p.m., was felt as far away as Turkey and Pakistan. The damage was mostly in Iraq and Iran. The epicenter was near Ezgeleh, Iran, about 135 miles northeast of Baghdad, and had a preliminary magnitude of 7.3, according to the United States Geological Survey.

Seismologists in the country said it was the biggest quake to hit the western part of Iran.
Retail inflation at seven-month high
Retail inflation has quickened to 3.58% in October, the fastest pace in seven months. This has been spurred by rising food and fuel prices lately. This development will also rule out the possibility of an interest rate cut by the Reserve Bank of India in its December 6 monetary policy review.

Measured by the Consumer Price Index of CPI, retail inflation rose by 3.28% in September.

Combined food inflation in October was 1.9%, compared with 1.25% a month ago as vegetable prices increased by 7.47% from 3.92% in the previous month.

Prices of milk and egg increased modestly and fruit and fish prices came down marginally. Data released by Central Statistics Office showed that inflation in urban India, at 3.81%, was higher than that in rural India, at 3.36%.
Over 50% cut in stent prices, but treatment costs still not lowered
The move by the Indian drug pricing regulator to cut stent prices by over 50% earlier this year has not lowered the treatment cost as a leading hospital says it has "restructured procedure costs" to compensate for revenue erosion.

A coronary stent is a wire mesh tube used to clear blockages in the arteries that pump blood to the heart and prevent heart attacks.

In February 2017, the National Pharmaceutical Pricing Authority (NPPA) had slashed prices of drug eluting stents (DES) and bioresorable vascular scaffolds (BVS) as it found companies were making nearly 400% profits on these stents in India.
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.
-------- Advertisements --------