Cover STORY

MBA: Your success begins now

Why do you want to pursue an MBA degree? Will it really help you? What does the MBA entail? All these questions, and more, will be answered in this article in brief – everything you need to know as you stand at the threshold of the world of the MBA. ... Read More

Prepare, practice and prevail

There is a scientific way to go about readying for the all important CAT. Here’s a brief snapshot of how you can prepare yourself and achieve your target score. ... Read More

MBA BUZZ

How useful is an MBA degree?

Many people are unsure about why to pursue a management degree. The decision to garner an MBA should be based on how it will develop an individual’s core strengths. Merely to gain bragging rights or make your resume stand out are not good enough reasons. ... Read More

SPECIAL REPORT

Why we need more WOMEN leaders in business

Nowadays, simply earning an MBA degree is not enough to get your dream job. Since the corporate world is very competitive, demanding and dynamic, there are other skills that you should cultivate. ... Read More

B-SCHOOL VIBE

Life at a B-school: The beginnings

Debates, dances, assignments, studies – these are just some of the things one is involved in at a management institute. The first year of the MBA course can be quite daunting, challenging one’s every faculty to the utmost, but over time, the efforts are richly rewarded. ... Read More

Count DOWN

10 Famous cases of Corporate espionage

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SUCCESS STREET

Top 6 skills for MBA grads

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Corporate WORLD

Business news: Why you should stay up to date

In the world of management, one of the keys to being a successful MBA aspirant, then an MBA grad, and finally a manager, is to keep yourself updated on economic and business developments, and developing an analytical insight into these happenings. ... Read More

Are ‘free markets’ a fading dream?

In the wake of the US’s imposition of trade restrictions in the form of increased tariffs on imports, the global trade community cried foul, leading the US to backtrack. But has this opened up a Pandora’s box, which may put the free markets concept under question? ... Read More

Should the government continue to run PSUs?

The government continues to handle the running of PSUs, and has injected funds in an effort to keep them profitably afloat. Privatisation appears to be a perfect resolution to the problem, but actually implementing it is proving difficult, with the government therefore resorting to disinvestment. ... Read More

Snippets

News in brief

ISRO sends record 104 satellites in one go; beats Russia: Indian Space Research Organisation (ISRO) has finally scripted history after launching a record 104 satellites, including India's earth observation satellite, on a single rocket from the spaceport in Sriharikota. ... Read More

Study HOUR

Word Dose

The name of Florence Nightingale lives indelibly in the memory of the world by virtue of the gallant adventure of the Crimea where she rose to fame for nursing the sick and wounded during the Crimean War. ... Read More

Globescan

A quiz to boost your General Knowledge ... Read More
More than 450 dead in Iraq and Iran in the world's deadliest earthquake this year
A powerful earthquake struck near the Iraqi border, killing more than 450 people and injuring thousands of others in the world's deadliest earthquake so far this year.

The quake, recorded at 9:18 p.m., was felt as far away as Turkey and Pakistan. The damage was mostly in Iraq and Iran. The epicenter was near Ezgeleh, Iran, about 135 miles northeast of Baghdad, and had a preliminary magnitude of 7.3, according to the United States Geological Survey.

Seismologists in the country said it was the biggest quake to hit the western part of Iran.
Retail inflation at seven-month high
Retail inflation has quickened to 3.58% in October, the fastest pace in seven months. This has been spurred by rising food and fuel prices lately. This development will also rule out the possibility of an interest rate cut by the Reserve Bank of India in its December 6 monetary policy review.

Measured by the Consumer Price Index of CPI, retail inflation rose by 3.28% in September.

Combined food inflation in October was 1.9%, compared with 1.25% a month ago as vegetable prices increased by 7.47% from 3.92% in the previous month.

Prices of milk and egg increased modestly and fruit and fish prices came down marginally. Data released by Central Statistics Office showed that inflation in urban India, at 3.81%, was higher than that in rural India, at 3.36%.
Over 50% cut in stent prices, but treatment costs still not lowered
The move by the Indian drug pricing regulator to cut stent prices by over 50% earlier this year has not lowered the treatment cost as a leading hospital says it has "restructured procedure costs" to compensate for revenue erosion.

A coronary stent is a wire mesh tube used to clear blockages in the arteries that pump blood to the heart and prevent heart attacks.

In February 2017, the National Pharmaceutical Pricing Authority (NPPA) had slashed prices of drug eluting stents (DES) and bioresorable vascular scaffolds (BVS) as it found companies were making nearly 400% profits on these stents in India.
No PAN card required for jewellery purchase of over Rs 50,000
Any kind of jewellery purchases whose worth is over Rs 50,000 will not require the income tax permanent account number (PAN) to be provided after the government has reversed an earlier notification, providing a big festive cheer for the sector and potential customers.

Jewellers will also not be required to inform authorities on purchases from their stores of over Rs 50,000 after the government cancelled a notification issued on August 23.
Tencent invests $400 million in Ola for 9.57% stake
Chinese internet conglomerate Tencent has invested $400 million in ride-hailing major Ola in a deal, which will help to take the total capital mobilised by the Bengaluru-based company in the last 12 months to $800 million.

Singapore-based Copper Technology Pte Ltd will take a 9.57% stake in Ola, according to filings with the Registrar of Companies.

Copper Technology is an entity owned by Tencent.

Ola's parent company ANI Technologies Pvt. Ltd has issued shares to Copper Technology for Rs 13,521 a piece.