Online CAT examination was IIMs first attempt to shift paper pencil exam to computer based testing and follow the GMAT exam pattern. Earlier IIMs have awarded the tender to an American company ProMetric for conduct of online exams.

CAT is one of the toughest exam in the world where more than 2.5 lakh students vie with each other to gain entry into IIMs which have less than 1500 seats.

For last 3-4 years CAT exam has always been dogged by controversies including paper leakage, server collapse, reservation etc.

CAT scores determine entry to the IIMs in Ahmedabad, Bangalore, Kolkata, Indore, Lucknow, Kozhikode and Shillong and host of other institutes which accept CAT score for admission to their Management Programmes.

The national flag hoisting ceremony was held at 9.00 am at the foreground of the Auditorium in IIM Calcutta campus by Director, Professor Shekhar Chaudhuri in presence of Dean (PI), Professor Saibal Chattopadhyay, Chairman PGP, Professor Prashant Mishra, Chairman Student Activity Council, Professor Manish Thakur, Chief Administrative Officer, Shri Dinesh Varma, President Student Council, Shri K P N Singh and others included officers, staff, students of IIM-C. This was followed by memorable speeches by Director, Dean (PI), Chairman PGP, Chairman Student Activity Council, Chief Administrative Officer and President Student Council with their respective views of thoughts on the day.

JBS BaroC, an institution within IIMC and is represented by the current batch of students offered spell-binding performance with songs from the Rabindranath Tagore’s Gitanjali along with an innovative version of Vandemataram with instruments. The programme was concluded with a short play by the students.

IIM Alumni Association is organizing its annual event ‘Pan-IIM Golf 2008’ onn February 2, 2008, to be held at Qutub Golf Course at Lado Sarai, New Delhi.

The entry fee includes Breakfast, Tea / Coffee / Soft-drinks during the day, followed by cocktails and lunch. The fee is payable at the time of registration, but your participation will be confirmed on receipt of your registration form.

The event is open for both Golfers as well as non-Golfers. Non-golfers can also register for the event at nominal fee, and they can enjoy the game and also participate in the special clinic held for them at the end of the game, besides enjoying prize distribution ceremony, cocktails and lunch.

Registration Fee

Golfers: Rs. 1,000/-

Non-golfers: Rs. 500/-

Event Schedule

Registration followed by Breakfast: 7:00 AM

Briefing of Participants: 7:35 AM

Players Move to the Course: 7:45 AM

Shotgun Start: 8:00 AM

Special Clinic for Non-golfers: 11:30 AM Onwards

Prize Distribution & Lunch: 12:30 PM Onwards

Contact Details

For any further clarifications and registration form, please contact: -

Ms. Celima Rodrigues – 0124-4234828 / 0124-4089195 / 9313414789

Ms. Neha Chopra – 0124-4089196

E-mail: neha@rngolf.com

Rishi Narain Golf Management Pvt. Ltd.,

307, Sushant Tower, Sector-56,

Gurgaon.

We can see this hike by linking the same as a means of liquidity management rather than a signal to check inflation. This move is expected to suck additional liquidity to the extent of Rs. 15,000 Crore from the banking system. This policy echoes concerns raised by Government of India on massive capital flows into the country, Reserve Bank of India (RBI) in its policy document said managing the inflow, related liquidity implications and overall stability were the biggest challenges of monetary policy. Today, in India, we face a problem of enormous capital flows. This is a completely new situation for us. Capital is welcomed but we must learn how to manage capital, how to absorb capital. Read further at this link

http://www.coolavenues.com/know/fin/gourav-policy-review-1.php

A local court found there was sufficient evidence to find 21-year-old Pereira guilty under sections 304 (a) (culpable homicide not amounting to murder) and 337 (causing injury) of Indian Penal Code.

The court, however, criticized the police for its investigation which it said “was done casually”.

The verdict comes as a mixed bag for Pereira, who was alleged to have been under the influence of alcohol when he ran over the pavement-dwellers. He was charged under sections 304 (a) (culpable homicide not amounting to murder), but was acquitted of the charges.

On November 12, 2006, Pereira lost control of his Toyota Corolla while returning from a party in Bandra and ran over seven people sleeping on a pavement near Carter Road Promenade. Eight others were injured in the incident.

He was allegedly to have been under the influence of alcohol at the time.

This is one of the very usual event happening in India where high and mighty mows down people sleeping on pavements with quite a regular phenomenon. Around 3-4 years back son of a arms brokers also mowed down around 10 people by his car and sometime back film actor Salman Khan was also involved in similar accident but so far nothing happened as proceedings are still in Court and Indian courts take years to dispose small cases and on last counts some millions of cases are languishing in courts and many poor people spend their lifetime in jails without even going to trail as system mainly favors the high and mighty.

Rediff.com intends to capture email market with increased space as well local language offering as Indian internet market is booming with increasing PC penetration and ever falling broad band prices.

But So far Rediff.com despite launching various services at a quite fast pace is yet to have clear cut leadership in any of the verticals. For a detailed critical view on Rediff.com, click here to read complete story.

The very fact that for last one year kidnapping of children were happening but let alone investigating, state police chose to ignore and look other way while poor relative of victims ran from pillar to post. It also remind that despite independence some 50 years back, India is still a country of ruling class and common man where all police, bureaucrats and politicians have replaced English and have continued the rule with very little empathy for the common man.

The only silver line in this all affair is media which has been coming out in full force and trying to get justice in some cases at least.

And what is probably more shameful that when this ghastly event came to light today it looked like that police is issuing statements to help accused rather than carrying out a detailed investigation. And hence probbaly we are no good than a banana republic when it comes to state of police and administration.
Some of example statements

IG Police statement to TV : I am not a inspector to know facts, I am IG Merrut Range, I am not a Inspector of police station who will know facts of case

Police : The accused is mentally unstable ( this without any medical examination and probably will help accused to evade strict punishment as lawyers will use statement of mentally unstable to secure release)

Police : The kids have been sexually assaulted ( again all police discovered was skulls and bones and no forensic examination was done, but confession statement was touted as gospel truth)

Probably all this also reminds that a cabinet minister is more worried about a game than some 1000 suicides and farmers are turned landless on the name of industrialization and SEZ. But Sensex is rising, middle class is celebrating and India is shining!

Do we need to say “Happy new year…. Probably and so please send your sms to …

The hallmarks of Opsyrus over the years have been the high quality of papers and the sheer quantum of participation. Opsyrus this year too focuses on highly pertinent topics like “supply chain issues in disaster management” and “Infrastructure Development in India: Challenges & opportunities from Operations Management perspective”.
Opsyrus 2006 starts on 21st October with the invitation for papers from management institutes across India. The last date for receiving the entries is Novemeber 10th. The entries will be evaluated by distinguished academicians and experts from the industry. For more details Pls, check http://opsyrus.coolavenues.com/007.php

N Sunil Kumar, a student of XLRI’s one year MBA program (GMP 2006-07) has been appointed as Chief Executive Officer of ABN AMRO Foundation. Sunil who was earlier working with NABARD, plans to leverage his vast experience and the micro-finance skills learnt during the MBA program in his new assignment to manage projects that enhance income generation by providing structure and/or financial capital to enable communities, organizations and institutions to earn a sustainable living.

This appointment has created a lot of firsts in the BSchool segment: For any student of any BSchool in India, this is the first placement as a CEO and although the salary figure stands undisclosed but there are rumours at the XLRI campus says that it is one of the highest so far from any B-school student. Also, it is the first placement of the 55 member strong GMP Batch of 2006-07 of XLRI.

Sunil has rich industry experience of over 19 years working with NABARD in various branches in Hyderabad, Mumbai and Bhubaneshwar. He was an AGM in NABARD at the time he joined GMP programme this June.

The interview process for the post of the CEO happened in Mumbai and lasted several rounds. In the end it was Sunil’s relevant industry knowledge and experience and his GMP education that settled the matter in his favour. In Sunil’s words, “The industry has a very good perception about one year programmes and the industry has started looking for people with the profiles and expertise that one-year B-school programmes are offering”.

The ABN AMRO Foundation was set up in December 2005 as part of the bank’s commitment to foster sustainable development.

XLRI’s 1 year GMP program is an accelerated program which caters to the ever growing demand for business leaders who are well equipped to be operational from day one. It has been designed for people with the urge to expand their knowledge and experience, thereby enabling them to shoulder greater responsibilites as they move up in the corporate hierarchy. The current batch of GMP at XLRI has 55 students with an average work experience of six years drawn from IT, Finance, Marketing and Operations backgrounds and have has a representation from sectors as diverse as Banking, Accounting, IT, ITES, Education, Intelligence, Oil, Power, Manufacturing, telecom among others.

The launch of Live services from beta shows significant commitment from Microsoft towards web business and its increasing resolve to fight back. Microsoft which acquired hotmail in hey days of dotcom era did not do much with it and left it without any significant improvement which resulted hotmail loosing market share to later entrants like Yahoo and Gmail from Google. Gmail from Google though still in beta is one of the fasted growing email services and revolutionized email services world by having a very simple interface with compelling features backed by an ever increasing email box of 2 GB and counting.

Moreover despite repetitive claims by Microsoft, its flagship msn brand has been losing market share in search business, where msn search share dropped to 11% from 14% while Google & Yahoo grew 41% and 47%. (See MSN Lags Behind in War of Search While Google & Yahoo Outpace the Search Industry Growth (http://news.coolavenues.com/0604251.php)

However with the launch of Windows Live, attention is bound to go back to Microsoft and Google where both seems to be attacking others’ turf with increasing intensity ( latest from Google was a web based spreadsheet available at spreadsheet.google.com, which aimed ad Ms Excel). However it is important to note that in its history Microsoft has never lost a single corporate battle, be it desktop, Operating systems, browser war or servers despite a growing tribe of Open source advocate or Microsoft haters. Despite great hype over latest browser war, Internet Explorer despite its security flaws, lack of multi tab browsing and all other ills, still commands more than 86% of the market and wide deployment of linux desktop still remains a pipe dream. Hence it will be interesting to see the developing scenario and see how Google responds to the latest challenge by a seasoned warlord who has waged many such wars and have always emerged as a winner.

Shares of Google at NASDAQ were up 1.5% while Microsoft was down by 0.35%.