CAREER BOOSTER

Network your way to success

Did you know that one of the most effective ways to find a job is through the connections you have within the firm that you are applying for, and the people they can introduce you to? If you have the right qualifications and skills, right networking can almost guarantee a foot in the door. ...Read More

STUDENT SPEAK

'Don't just study hard, you also have to play hard'

...says, PIYUSH PUNEWAR, a First Year MBA student at NITIE. In conversation with Kalyani Majumdar, Piyush talks about his decision to pursue an MBA in Operations and how mock GD-PIs can give you that extra boost to get into a top B-School. ...Read More

CORPORATE INTERVIEW

'If you enjoy desk job then Operations is not for you'

...says ANIL KUMAR JAGIRDAR, Principal Consultant at PwC and an alumnus of IIM Shillong. In an interview with Kalyani Majumdar, Anil talks about his decision to pursue an MBA and what it takes to make a career in Operations. ...Read More

INSTITUTE PROFILE

Top B-Schools For Operations/Supply Chain Management/Project Management: India

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PROFESSOR SPEAK

'HR professionals must be fair and firm.'

...says, Professor VASANTHI SRINIVASAN, faculty at IIM Bangalore, who teaches the core course on Organisational Behaviour and Human Resources Management. In an interview with Kalyani Majumdar, Professor Vasanthi shares her learning and talks about her teaching experience in Indian and international B Schools. ... Read More

STUDENT SPEAK

'Overall consistency in your performance really counts'

...says, WALES DSOUZA, First Year, MBA student at XLRI Jamshedpur. In conversation with Kalyani Majumdar, Wales shares his insightful suggestions for MBA aspirants and his learning at XLRI so far. ... Read More

INSTITUTE PROFILE

Top B-School for Finance: India

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CORPORATE INTERVIEW

'Working in IR is vital for a holistic HR experience.'

This is what VIGNESH VS, Factory Personnel Manager at ITC and an alumnus of TISS feels. In conversation with Kalyani Majumdar, Vignesh talks about the exciting field of HR and his job responsibilities, along with some important suggestions for MBA aspirants. ... Read More

Britain seeking to reopen Brexit treaty
Even though only two months are left before Britain and EU go their separate ways, the British parliament is still seeking changes on the Brexit treaty. Recently, when the British lawmakers instructed Prime Minister Theresa May to reopen the Brexit treaty with the European Union in order to replace a controversial Irish border arrangement, they promptly received a flat rejection from Brussels. So, now the parliament is sending May back with a stronger mandate. The Irish backstop is an insurance policy that aims to prevent the reintroduction of a hard border between Ireland and the British province of Northern Ireland, a crucial part of a 1998 peace deal that ended decades of sectarian violence, and preserve frictionless trade.
Impact of the modified FDI rules on e-commerce
The recent changes in the e-commerce rules that went into effect in India from February 1, 2019 has disrupted the functioning of Amazon.com as the rules have forced it to take down an array of items from its India website including Echo speakers, batteries and floor cleaners. Products began to disappear from the Amazon India site as it began complying with the revised norms before a midnight deadline. In December 2018, India modified foreign direct investment (FDI) rules for its burgeoning e-commerce sector, which has drawn major bets from not only Amazon.com but also Walmart and many more e-commerce companies. India’s new e-commerce investment rules bar online retailers from selling products via vendors in which they have an equity interest, and also from making deals with sellers to sell exclusively on their platforms. Clothing from Shopper’s Stop is also no longer available, as Amazon owns 5 percent of the company.
Indian Railways gets Rs 1.58 lakh crore for its capital expenditure
A capital expenditure allocation of Rs. 1.58 lakh crore, the highest ever for the Indian Railways, has been announced by Finance Minister Piyush Goyal, who is also the Railway minister. Mr Goyal also announced that the operating ratio for the current fiscal has improved to 96.2 per cent, and in the next financial year the aim will be to have it at 95 per cent. While mentioning the Vande Bharat Express, he said that the major leap in wholly developed technology by our engineers will give an impetus to the Make in India programme and create jobs as well.
India is the second-most underinsured country in the world
With an insurance gap of $27 billion (approximately Rs 1.98 lakh crore), India is the second-most underinsured country in the world, according to a survey by specialist insurance and reinsurance market Lloyd. While India’s overall level of insurance penetration (total insurance premiums as a percentage of the gross domestic product) has increased 0.2 percent since 2012, it continues to have one of the highest underinsurance levels globally. Insurance gap refers to the gap between the actual sum assured required versus that taken. For example, if the insurance needed is Rs 100 and an individual has taken Rs 40, the insurance gap is Rs 60. It is a serious issue because it reflects that a country has to pay the financial costs of any large claims out of their own pockets and it occurs when a country’s citizens do not buy adequate insurance cover for covering their risks.
China has invested $198 billion in shantytown redevelopment
China has injected huge sums into redevelopment of shantytowns. The investment in a massive shantytown redevelopment project topped 1.37 trillion yuan ($197.64 billion) in the first three quarters of the year. Analysts say the project has boosted property demand as residents are encouraged to use cash compensation to buy a new home when their existing one is demolished.