5. September 2013

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Spotty Spot Market: NSEL Fiasco

The NSEL(National Spot Exchange Limited) settlement crisis has brought Jignesh Shah and his FT(Financial Technologies) group into the limelight one more time. However, this time it is for all the wrong reasons. Last he hit the headlines, was by the virtue of his heroics in waging a successful battle with SEBI to open equity exchange [...]

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5. September 2013

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Falling rupee against dollar: Reasons and possible remedies

The rupee has plunged to an all-time low against the dollar and its fall has become a subject for debate. The usual discussions on the fall of the rupee bring up macro economics matters such as slow economic growth, huge current account deficit, rising imports etc.
At the time of independence when India had no foreign [...]

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4. September 2013

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Retail sector-Back end supply chain

Long since I have known business, it was of the form when a vendor used to give free candies and a smile along with the grocery – provided I am staring at the candies, now who says that consumer calling back then was not incentive driven.
Well, that is not the topic of my comments; my [...]

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4. September 2013

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Why BJP will do better in 2014 Loksabha elections

Economy is not doing well. The situation is gloomier than what our politicians will think. And India, UPA (United Progressive Alliance) in particular, has experienced it the hard way. Our nation has been going through rough waters and this time there have been more hiccups than before. Some of the renowned economists have gone to [...]

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4. September 2013

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Industry-Alumni meet cum symposium-6th& 7th April, 2013

Industry-Alumni meet cum symposium-6th& 7th April, 2013
The spark to organize the first ever Industry-alumni meet-cum-symposium in Industrial Management Engineering (IME) department, IIT Kanpur “Glory of techno-management: Success, challenges and road map for future” on 6th and 7th April, 2013 stemmed from the idea of strengthening the IME alumni network. The event was a grand success [...]

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4. September 2013

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QUIZOMANIA

Q1. Which commonly used term gets its origin from ‘okios’ and ‘nomos’ meaning ‘mgmt of the household’?
Q2. Who is the author of the book “Fault lines: how hidden factures still threaten the world economy”?
Q3. If e-commerce stands for electronic commerce, then what does v-commerce stands for?
Q4. “Ashley News” is in-house journal of which Indian automobile [...]

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4. September 2013

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QUIZOMANIA Answers

1) Economics
2) Raghuram Rajan
3) Virtual Commerce
4) Ashok Leyland
5) 17.5 Cents
6) 35%
7)Voluntary Compliance Encouragement Scheme
(8) Google
9) Zipdial
10)Sivagangai Distt (Tamil Nadu)
11)Sachin Tendulkar
12) Cia
13) The Oriental Life Insurance Company
14) Unit Trust Of India(1963)
15) Bank Of India
16) Shannon Airport, Ireland
17) Bookmyshow.Com
18) Yahoo
19) Perfetti
20) Boeing To Create A Market For New 747s

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27. August 2013

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From the Editor’s Desk-August 2013

We are more than happy to launch the August 2013 edition of Avant Garde amidst the new academic session. AvantGarde would first of all like to extend a warm welcome to the new MBA batch of 2013-15 and wish them good luck in carrying on the legacy of one of the most prestigious institutes of [...]

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27. August 2013

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Analytics Industry-A key to growth of India

October 2012, HBR gave the title “The Sexiest Job of the 21st Century” to Data-Scientists, I thought they are exaggerating the matter and the Big-Data explosion is just not for real.
(http://hbr.org/2012/10/data-scientist-the-sexiest-job-of-the-21st-century/ar/1)
Come this July 2013 things have changed. NASSCOM organized “Big Data and Analytics Summit 2013”. They created a special interest group and proposed that the [...]

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4. August 2013

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FDI in Retail-Impacts on Trade Deficit and Employment

When we try to look at the impact on employment because of the coming of big retailers, the first thing which comes in the mind is the disposition of small and medium retailers which will surely not be able to compete with the price and variety, the big retailers provide. This is indeed true but [...]

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