Cover STORY

The mock tests beckon!

Now is the time when you will start taking simulated test series, to get yourself out of the ‘concept building’ mode and into the ‘test-taking’ mode. You will have to know how to make the most of the simulated tests, how to deal with stress, etc. Here a few things you need to know about the various tests, and what you can expect to face in the mocks. ... Read More

MBA BUZZ

TA C.A.T. Approach to Cracking the CAT

Just in case you thought that the above conforms to the age old wisdom in the adage - “an eye for an eye and a tooth for a tooth”, you are definitely right - the C.A.T. for the CAT! ... Read More

CORPORATE INTERVIEW

‘Focus on your role to give the best you can’

Says PRIYANKA KHURANA GOYAL, the Executive Director at Nomura, winner of Mrs India Queen of Substance 2015 and a doting mother to a two-year-old. She has achieved all this and much more at only 32 years of age. The 3rd rank holder from IIM Calcutta talks to Advanc’edge MBA about her astounding journey and how she plays the multiple cards of her life with ease and élan. ... Read More

SPECIAL REPORT

The Price of FREE!

It is a cliché that nothing in this world comes for free. That doesn’t make it any less true. So when we deal with freebies, what is it that we’re giving up? What is the cost attached to the freebie, whether monetary or otherwise? This Special Report is an introduction of sorts to the fascinating world of consumer behaviour. ... Read More

Count DOWN

TOP TEN RISKS BUSINESSES FEAR THE MOST

... Read More

Corporate WORLD

Flipkart-Walmart deal: What the future holds

The Indian e-commerce has been given a major shaking up after the Walmart-Flipkart deal. What does this entail for the various competitors, including the biggest rival Amazon, and other groups eyeing their share of the pie, like Alibaba? And ultimately, how will the customer benefit, if they do at all? ... Read More

Bhushan Steel sale: Can it set a precedent?

The sale of the beleaguered Bhushan Steel to Tata Steel is a significant transaction. Not only does Tata Steel garner synergies and believes it to be a win-win proposition, the deal itself can be a precedent to the others following, thereby solving a large part of the NPA menace in the Indian banking system. ... Read More

What’s the deal with crude oil?

With global crude prices touching record highs in the last two years, India is bracing for an impact on its sectors and therefore the economy’s growth. In this article, we explore the reasons for this increase. ... Read More

Must READS

• Surely You’re Joking Mr Feynman
• The Effective Executive
• Water for Elephants
... Read More

Study HOUR

Word Dose

In today’s era of exquisite confusion — political, economic and otherwise — the neurotic would be a welcome guest, nervous company for nervous days, always ready to provide doses of that most potent vaccine against gloominess: wisecracking, urbane gloominess.... ... 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.