Cover STORY

If not, then what: Alternatives to CAT 2017

Now that the CAT results are out, many of you may not have scored as per your expectations. But don’t give up hope, because all is not lost. In this article, we explore other options that you might want to look at. ... Read More

CORPORATE INTERVIEW

The start-up starter kit: Passion, integrity, persistence

With an extensive experience spanning 18 years across functions, APARNA MISHRA finally took the plunge, and started Club CafeBiz, helping start-ups find their own feet. In an interview with Alolika Banerjee, she talks about the best first steps one can take. ... Read More

MBA BUZZ

What after CAT: Giving your best in PI

A thorough reading of the current economic and corporate scenario along with strong analytical skills can help candidates create the required great first - impression to the interviewers during the Personal Interview round. ... Read More

Count DOWN

Top 10 movies every business student must watch

... Read More

Snippets

News in brief

Maruti doubles its production in 2016 than that of its Japanese parent: Maruti Suzuki will end the year producing almost double the number of vehicles in India (15.2-15.5 lakh passenger vehicles) than parent Suzuki Motor Corp in its home market of Japan (7.65-7.75 lakh). ... Read More

Must READS

• In Search of Excellence
• Dreams from My Father
• Moloka'i
... Read More

Corporate WORLD

Indian economic snapshot 2017-18

The Indian economic scene looks upbeat, although there are inherent challenges. At a time when the global economic growth appears to be positive, the Indian economy too looks set to grow significantly. An analysis. ... Read More

Expectations from the 2018-19 Union Budget

The current economic scenario in India makes for a challenging task for the Finance Ministry to come up with a Budget that will provide a boost to economic growth. Especially since this is also the ‘prep’ year for the general elections, a lot is expected from the Union Budget 2018-19. ... Read More

The PM’s speech at WEF in Davos: A few highlights

After two decades, an Indian Prime Minister attended the WEF summit and delivered the opening address. In his speech, PM Narendra Modi addressed several issues affecting the world today, including protectionism, climate change and terrorism. ... Read More

Study HOUR

Word Dose

But in his second year there he had drifted into a bad set and ended up, one foggy night in London, in carnal possession of a naked girl. ... 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.