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Cover STORY

Advice for the CAT: You ask, we answer

The last three months prior to the CAT is the most crucial to every student, both first timers and repeat takers. It's normal to have a lot of questions at this phase on how best to prepare in this last mile to CAT. In this article, we answer some of these most-often asked questions. ... Read More

MBA BUZZ

Getting a management degree abroad

In our last issue, we explained all about the GMAT, and how it's a viable alternative to Indian MBA entrance exams such as the CAT, XAT, etc. In this article, we shall explore the various management programmes that accept the GMAT as an entrance test, and what they entail. ... Read More

Alumni SPEAK

Be open to new challenges, always be who you are

This is what SHIPRA BISWAS BHATTACHARYYA has to say to MBA aspirants. In a conversation with Aditya Prakash Iengar, the IIM-A grad talks about being a state university topper and why being who you are is of utmost importance. ... Read More

Student SPEAK

Don't let rumours distract you from CAT prep

...feels ANURAN MAITI, second year student at SP Jain Institute of Management & Research, Mumbai. In a conversation with Alolika Banerjee, he advises this year's MBA aspirants not to let apprehension or rumours deter them from giving their best shot for the final exam. ... Read More

Count DOWN

Countries celebrating Independence in August

... Read More

Snippets

News in brief

Three Indian sites recently added to UNESCO World Heritage List : Three places in India have been conferred the tag of World Heritage sites by UNESCO lately. ... Read More

Corporate WORLD

Brexit: The chaos that has ensued

Britain's announcement of its exit from the EU is certain to have far-reaching consequences. The short term ones are already showing, with the pound taking a beating on the global stock markets. Although the actual exit is a while away, what more is brewing remains to be seen. ... Read More

Looking back: India, RBI and Rajan

The RBI governor has chosen not to continue in his term. While policies enacted during his regime brought India up to a strong economic position, the outspoken Rajan did incite the ire of several political circles. ... Read More

ITC: A benchmark for Indian companies

As ITC CEO and Chairman Y.C. Deveshwar prepares to step down, we take a look at the company's position, and how it managed to foresee the current plight of the tobacco business and take measures to ensure the company's sustainability under Deveshwar's leadership. ... Read More

Study HOUR

Word Dose

By the end of eleven years, however, Mrs. Price could no longer afford to cherish pride or resentment, or to lose one connexion that might possibly assist her. ... Read More

Globescan

A quiz to boost your General Knowledge ... Read More
Sunil Bharti Mittal re-appointed as the Bharti Airtel Chairman
Sunil Bharti Mittal has been re-appointed as the Chairman of telecom giant Bharti Airtel for another five years, with effect from October 1, 2016.

Mittal is the Founder of Bharti Enterprises, one of India's largest conglomerates with diversified interests in telecom, insurance, real estate, agri and food, besides other ventures.

The Group also has joint ventures with global leaders like Singtel, SoftBank, AXA, Del Monte amongst others.

Bharti Airtel, the Group's flagship company, offers mobile, fixed broadband and digital TV solutions to over 350 million customers across India, South Asia and Africa.
AskMe shuts down, lays off all its employees
As per latest reports, the consumer internet search platform AskMe has shut down its operations, laying off remaining of its staff. The company probably took the decision because of severe cash crunch.

The Gurugram-based company's e-commerce website is still live but is not accepting any new orders. Sources close to the company stated that this unplanned shutdown is because of the equally unplanned exit of its principal investor, Astro Holdings.

Last month, Malaysian billionaire Ananda Krishnan-led Astro Holdings exited AskMe Group, in which it owns 97% stake, after a long-drawn battle with minority shareholders. Astro Holdings made its last cash investment of around Rs 150 crore last month.
Govt data shows only 1% Indians pay income tax
Taxpayers account for just about one per cent of India's population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the government for assessment year 2012-13.

As part of a transparency drive, the government has made public direct tax data for last 15 years. Data for individuals has been published only for 2012-13 assessment year, which shows taxes for income in financial year ended March 31, 2012.

A total of 2.87 crore individuals filed income tax returns for that year, but 1.62 crore of them did not pay any tax - leaving the number of taxpayers at just about 1.25 crore which was close to one per cent of the country's total population of about 123 crore at that time.
Twitter suspends 235,000 accounts in a bid to check terrorism
Twitter has suspended 235,000 accounts that have in some way promoted terrorism over the last six months. This step is a part of the continuing effort to keep people from using the social network for extremist causes.

"The world has witnessed a further wave of deadly, abhorrent terror attacks across the globe," Twitter said in a statement. "We strongly condemn these acts and remain committed to eliminating the promotion of violence or terrorism on our platform."

Twitter's latest action brings the total number of accounts that the company has suspended to 360,000 since it began cracking down on terrorism and violent extremism in mid-2015.
Amazon India launches used books store
Amazon India, Amazon.com Inc.'s local unit, has said it has launched a 'used books' store on its platform with over 100,000 titles across genres such as literature, romance, biography and textbooks.

The books come from sellers on Amazon. These books are graded by the sellers under categories such as 'new', 'good' and 'acceptable', based on their condition. This information is visible to the customers at the time of purchase.

Amazon, currently, has over 9,400 book sellers on its platform.