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Showing posts from November, 2019

CONTROLLING E-COMMERCE-INDIA’S E-COMMERCE POLICY-POSITIVE AND NEGATIVE IMPACTS

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India is a booming 2.8 Lakhs crore E-commerce market; Giants like Amazon, Flipkart, Paytm Mall etc all have a booming business in every fiscal year, and this boom is observed due to more and more increasing connectivity around the country, excellent offers and product placement strategy practiced by e-commerce companies and popularity between people through different medias. On Feb 28, 2019, Modi Government released a Draft E-commerce Policy. The draft is intended to bring about changes in the booming Rs. 2.8 Lakh crore E-commerce industries. The changes have come into existence to keep a stricter check on the E-Commerce industry, which was till now running wild without proper regulations. Traditional retailer (brick-and-mortar retailers) has been opposing online shopping portals for violating competition norms, predatory pricing, etc. Key changes affected by E-commerce policy Data- The draft bars retailers in the country from allowing data access to foreign businesses even w

XIM BHUBANESWAR-ADMISSIONS, ELIGIBILITY AND DETAILS

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Xavier institute of Management-Bhubaneswar  is a premier  B-school  located in Orissa, under the aegis of  Xavier University . It is governed by the Government of India, the Government of Orissa, and the Society of Jesus (Jesuits). The school was founded in 1987 under what the parties called a 'social contract' between the Government of Orissa and the Jesuits in Orissa; The College accepts admission through  CAT, XAT and GMAT.  XIMB  is a nationally recognized student, accredited by SAQS, NBA and Association of  Management  Development Institutions in South Asia (AMDISA). XIMB-Important Dates (Tentative) XIMB  admission start date-September 2019 last week Last Date to apply for  XIMB  admission-December 2019 First week XIMB  shortlist announcement for final round selection-February 2020, first week XIMB-Admission and Eligibility Criteria The candidate must hold a bachelor's degree, with at least 55% marks or equivalent CGPA. Performance in 10th grade, 12th g

SPENDING FORTUNES ON “NON-LIVING”-ARE THE STRING OF STATUES PROJECTS IN INDIA WORTH IT?

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On 31st October 2018, on the 143rd birth anniversary of one of the India’s greatest leader and an eccentric personality sardar vallabh bhai patel, was inaugurated statue of unity, a colossal and hulk sized statue of the minister. Mr. Patel was the first deputy prime minister and home minister of the free India, and is highly respected in the country for his contributions to the country such as uniting 552 princely states of India to form one united India. The giant structure that is world’s tallest statue, standing 183 meters on Sardar Sarovar Dam, situated 100 km from Vadodara, a city in the state of Gujarat. The expenditure on the statue was approx 3000 crore that is a huge amount, which if spend on needful things could have educated thousands of kids etc. Similarly many more statues in several states of India are in the plans causing debates across India about the use of public money on building statues instead of using them for useful purposes. Statues that are in the plans a

A HUMONGOUS DEAL-WALMART BUYS FLIPKART-IMPACT ON INDIAN E-COMMERCE

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It is wrapped! Walmart has acquired a huge 77% share in the Indian e-commerce giant which is worth 16 billion $, The 20 billion $ giant Flipkart is India‘s biggest E-commerce company, in a rough competition with the e-commerce giant Amazon was on the brink of bankruptcy, both the companies was burning huge cash but Amazon is the shark of e-commerce market, Flipkart had to go to Walmart for survival. After Walmart bought the controlling stake, Flipkart is valued at more than $20bn. The deal also saves Flipkart, which was running out of cash in its battle with Amazon. Both competitors have been "burning cash" in massive sales and discounts pegged to Indian festivals in a bid to acquire more customers. Positive factors of the Hulk deal- Walmart trusted the potential of Indian E-commerce sector. This deal will raise confidence on Indian E-commerce market and thereby will attract more investors. At present Amazon is the largest E-commerce platform in retail sector of Indi

LIVING "THE AMERICAN DREAM" WHY ARE STARTUPS FAILING IN INDIA IN LARGE NUMBERS

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Recently India jumped 14 positions to reach 63rd position in the World Bank’s list of ease of doing business, which implies that India as an economic giant is progressing rapidly, but why then a very large chunk of startups in India shut down after its initial phase. India is a country with many powerful business houses and business leaders such as Reliance Industries Chairperson Mr. Mukesh Ambani or Mr. Ratan Tata of Tata Industries or Azeem Premji Wipro Technologies Private Limited, India is also home to the CEO and leaders of the world’s top 10 companies. In short, we can conclude that Indians don’t lack in knowledge and skills in running a business. So, where is the problem, in my point of view, there are many considerations which may or may not collectively result in failing of a startup. Top Reasons for Falling of a Dream Startup- Unrealistic promises-  Many startups are giving unrealistic promises to attract customers such as huge discounts or offers. This leads to more

WHY COUNSELING IS BENEFICIAL TO MANAGEMENT STUDENTS?

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Management  programs such as  MBA ,  PGDM ,  PGP  etc are of very much importance in today’s education pattern. Almost every student after completing their graduation whether they are from  engineering or commerce or arts , had thought at least once to opt for an “ MBA ” from any  top colleges  for their post graduation and putting a full stop on their education and start their career. No doubt,  management  personnel earn a huge amount of money, and I believe money is a major factor for a upsurge in the footfalls in  B-schools , but  management  is equally a very confused stream, as there are n number of streams available to chose, n number of entrance tests and a large quantity of  top, good and B-tier colleges , which often confuses students, so, here is where counseling comes into scene.  Counseling  helps students to make firm decisions regarding their colleges, entrance tests etc in the light of understanding their career motive, their strong and weak points etc. Importance

IMI KOLKATA-ADMISSIONS, ELIGIBILITY AND DETAILS

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International Management Institute, Kolkata  is a  premium B-School  located in West Bengal; the college was established in 2010. The Institute started functioning in the year 2011 with its flagship Post Graduate Diploma in  Management  Program currently accredited by the National Board of Accreditation (NBA) for a period of two years effective from July 2016. In 2017, the Institute of six years also obtained the approval from All India Council for Technical Education to launch the Fellow Program in  Management  (FPM), a Ph. D. level program.  IMI Kolkata  belongs to the  IMI  family of  B-Schools  in India.  IMI  came up with its first campus at New Delhi in the year 1981.  IMI New Delhi  was established in collaboration with IMI Geneva (now IMD Lausanne). IMI-Kolkata-Eligibility and Admission Criteria Valid score in the  Common Admissions Test (CAT)  conducted by the  Indian Institutes of Management . Graduates (or professional qualification equivalent to that of a Universit

CAT, CMAT OR MAT-WHICH ONE IS BETTER FOR YOU

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There are many  management  entrance tests prevalent in the country which is quite popular amongst all the  management  aspirants such as  CAT, CMAT, MAT, GMAT, MH-CET  and other state level or institution designed entrance test such as  SNAP  etc. But the most popular among them are undoubtedly CAT, then MAT and then comes CMAT on the popularity scale of management entrance test.  CAT is organized by the IIMs every year, CMAT by AICTE, and MAT by AIMA.  There are many primary differences between these primary entrance examinations on the basis of difficulty level, quality of college offered, number of test takers etc. Choosing which  MBA  entrance exam to appear for among several  MBA  entrance exams appears to be a tough choice, considering the application fee, application process, and preparation which go into to gain a good percentile. Let's have a look at how the three most popular  management  entrance exams in the country differ from one another. CAT Vs CMAT VS MAT

ANALYSIS OF CAT-19-EASY TO MODERATE-SLOT 1 AND 2

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Every year Lakhs of  management  courses aspirants participate in  CAT , as to get into dream  Management College  (which almost everyone dreams of  IIMs ) . CAT-2019  was conducted on 24th November 2019 in approx 156 countries in India in 2 slots; near to 2.4 Lakhs students took part in  CAT-19 . The exam was as always Computer Based Test with 100 questions to attempt and was organized by  IIM Kozhikode .  CAT  is the nation’s most popular and most important  management  entrance test. Our team at  Edumyra  analyzed in detailed, everything that there is to know, about the question paper in both slots, the difficulty level, section wise analysis and the ideal score to get into a reputed college, below are the details. CAT-19-Slot 1 Report As per our students and team, the difficulty level of  CAT-19 Slot 1  paper can be judged as easy to moderate,  DILR  section in the exam observed a rather easy questions as compared to previous year’s question paper, and so did the  Quant  pa