Cover STORY

Management sectors:Which fits you best?

While preparing for the various management entrance tests, you need to be equipped with information about your career and future. Which is your favourite sector? Which sector can be the right one for you? What opportunities does it offer? Here, we give a broad overview of the various sectors in India. ... Read More

CORPORATE INTERVIEW

Education and learning can never be wasted

..says PRACHI GARG, owner of GhoomoPhiro, an event management company for corporates. With MBA and journalism degrees up her sleeve, this new-age power-packed lady tells Advanc’edge MBA how the business acumen running in her blood helped her fulfil her long-cherished dream of turning her passion .. ... Read More

SPECIAL REPORT

India’s Consolidation saga: A snapshot

Even though the concept of consolidation is quite common, it has gained a lot of buzz in recent times in the Indian context. In this article, we explore what consolidation is, what it implies, and the reasons behind the spate of consolidation activities in India. ... Read More

Count DOWN

10 Famous Brands with wildly varying products

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OPINION

Datagate 2018:What the fuss?

As users, we generate a huge amount of data, from reading emails to browsing the internet to online shopping. And all this data is out there. The question is: Who has this data, and what are they doing with it? ... Read More

Corporate WORLD

Bank scams: Tip of the iceberg?

The country’s banking system has been hit hard by a variety of scams and frauds, even as it grapples under stress and NPAs. Close on the heels of the Nirav Modi-PNB scam comes the ICICI-Videocon-Chanda Kochhar allegations. In this article, we explore these matters in greater detail. ... Read More

Walmart’s India avatar: Can it take on Amazon?

With the Walmart-Flipkart deal almost in its final phase, the stage is set for the two global behemoths Walmart and Amazon to fight it out in the Indian e-retail space. In this article, we explore the challenges Walmart is expected to face, and how it can tackle the unknown waters in India. ... Read More

Personal data security: A long way to go?

In the light of Facebook’s data breach by Cambridge Analytica, a host of thorny issues have arisen. In a world where user data has become the basis of company profitability and strategy, the world needs to move towards a more secure structure that regulates data security. ... Read More

Study HOUR

Word Dose

Baldassare Castiglione’s guide stressed the kind of attitude that should accompany the many talents of a polymath, an attitude he called “sprezzatura”. A courtier should have a detached, cool, nonchalant attitude, and speak well.... ... 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.