CENTRE FOR GLOBAL BUSINESS STUDIES

GUJARAT TECHNOLOGICAL UNIVERSITY

Dear Sir/ Madam,

INDIA – BANGLADESH WILL NOW HAVE P2P & B2B RELATIONS,

SAYS DY. HIGH COMMISSIONER

Till now India and Bangladesh were having only Government – to – Government relations, but now

we will have people – to – people and Business – to – Business relations. This was stated by Mr. Sala-

huddinh Noman Chaudhary, Deputy High Commissioner of Bangladesh in India. He was speaking in

National Day celebrations at Gujarat Technological University (GTU). Students of 4 colleges of GTU

participated in the event .

GTU’s Centre for Global Business Studies celebrated National Day of Egypt, Malawi, Bangladesh and

Mauritania on 2nd April, 2016 (Saturday) at GTU, Chandkheda Campus – Ahmedabad, Gujarat. He

said in the event that Bangladesh has 88 % Muslim population. The country is based on language.

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NEW ASSESSMENT SYSTEM IN 100-POINT

PLAN OF GTU ENGINEERING SYLLABUS INDUSTRY PAIN POINTS AND SOLUTIONS

Gujarat Technological University (GTU) will

implement the evaluation system in 100 – Activity

Points that has already been launched in the begin-

ning of the current Academic Year i.e. 2015-16 for

earning the GTU’s Engineering Degree. Any B.E.

Student of GTU will be honored the B.E. Degree

once s/he earns the Minimum 100 Activity Points

during his total academic tenure.

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Centre for Global Business Studies, GTU had or-

ganized a session on “Industry Pain Points and

Solutions” on 9th April, 2016. The event noted

the presence of academicians, experts and people

from Industries. This initiative provided a plat-

form to SMEs and MSMEs to discuss their issues

with the panel of experts

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GTU HELPING AMC FOR IMPROVING MART

TRAFFIC MANAGEMENT SYSTEM

NATIONAL DAY CELEBRATION OF JAMAICA, CZECH REPUBLIC, ETHIOPIA &

TANZANIA ON 19TH MARCH 2016 AT GTU

Ahmedabad is the first city in India to intro-

duce Intelligent Traffic Control System. It will

show which road is having traffic jam and

which road is open, etc. type of data on a VMC

board. On collaboration of Japan’s Zero-Sum

Company with Ahmedabad Municipal Corpo-

ration this Intelligent Traffic Control System

has been launched.

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GTU GETS PLACE IN LIMCA BOOK OF

RECORDS

MEETING WITH AAMC TRAINING GROUP

AUSTRALIA AT GTU

GTU celebrated National days of 76 coun-

tries at GTU Chandkheda campus since Au-

gust 2013. Limca Book of Records also have

taken the note of this achievement and con-

firmed the record to be published in the book

of 2016 .

Delegate from AAMC (Australasian Academy

of Mentoring and Coaching) TRAINING

GROUP AUSTRALIA visited Gujarat Techno-

logical University to discuss about the

AAMC training India and collaboration oppor-

tunity between GTU and AAMC TRAINING

GROUP AUSTRALIA.

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NEWS OF THE WEEK — AROUND THE WORLD

ASIA

New Delhi: President Pranab Mukherjee on Monday re-

turned home after wrapping up his six-day official tour of

Papua New Guinea and New Zealand where he met top lead-

ers of the two countries and inked a few important deals as

part of India's 'Act East' policy.

Concluding the three-day visit to New Zealand as part of the

second leg of his two-nation tour, Mukherjee talked about

cooperation in agriculture, dairy, food processing, education

and skill development as well as high technology between

the two countries.

PRESIDENT PRANAB RETURNS HOME AFTER 6-DAY TOUR TO NEW ZEALAND, PAPUA NEW

GUINEA

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AFRICA

UAE, EGYPT DISCUSS WAYS TO BOOST ECONOMIC TIES

DUBAI: Sultan Bin Saeed Al Mansour i, Minis-

ter for Economy, has met with Tarek Kabil, Egyp-

tian Minister of Trade and Industry, to discuss

ways of consolidating existing economic partner-

ships between the UAE and Egypt, and overcom-

ing the various challenges facing investors and

businessmen, as part of efforts to promote mutual

economic and trade interests and relations.

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AUSTRALIA

FRENCH PRIME MINISTER ARRIVES IN NZ

Prime Minister John Key is expected to push for a free-

trade agreement with the European Union and advocate for

Helen Clark to become Secretary-General of the UN when

he talks with French Prime Minister Manuel Valls.

Mr Valls arrived in Auckland last night. There is a formal

welcome and wreath-laying at the Auckland War Memorial

Museum in Auckland this morning followed by a bi-lateral

meeting.

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EUROPE

GERMANY, IRAN AGREE ON HERMES DEBT

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NORTH AMERICA

US ANTI-TRADE SHIFT WOULD HIT WORLD ECONOMY

The more protectionist trade policy being pushed by

US presidential candidates could lead America to re-

nege on global trade agreements and deal a blow to the

world economy, Mexico's economy minister said on

Monday.

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SOUTH AMERICA

CRISIS IN VENEZUELA – A LESSON FROM SAUDI ARABIA

President Nicolás Maduro has implemented measures

such as shortened workday, increased federal holidays

and scheduled blackouts in an attempt to reduce energy

consumption across the country amidst a nationwide en-

ergy crisis brought on by severe drought. However, the

energy crisis is only a microcosm of the Venezuelan

economy and regardless of oil’s recovery, the country

will continue to be plagued by cyclical misfortune unless

meaningful reform is instituted.

Read More...

CENTRE FOR GLOBAL BUSINESS STUDIES

Gujarat Technological University

Nr. Vishwakarma Government Engineering College

Nr. Visat Three Roads, Visat - Gandhinagar Highway

Chandkheda, Ahmedabad - 382424, India

Contact no: 07923267525/590

Email: cgbs@gtu.edu.in

For more details of activities of CGBS, Kindly visit: http://international.gtu.ac.in/

For E Newsletter of CGBS, Kindly Visit: http://gsn.gtu.ac.in/

Compiled and Designed by: Dr. Jyoti Srivastava

ISSUE –2

5TH

MAY, 2016

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On19thMarch 2016, GTU celebrated the Na-

tional Days of Jamaica, Czech Republic, Ethiopia

and Tanzania. The Global Country Study Report

(GCSR) is a two-semester project in the curricu-

lum of GTU’s Global MBA program. Since, last

three years, MBA students of GTU are studying

various aspects like culture, politics, environment,

economics and demography of countries of the

Iran and Germany have reached an agreement over Iran’s

€500 million ($578.9 million) Hermes cover debt, said Iran's dep-

uty minister of economy, Mohammad Khazai on Tuesday, during

a meeting of the Iran-Germany Joint Commercial Commission in

Tehran.

Khazai added that Germany’s export cover for Iran is expected to

reach €7 billion ($8.09 billion), considering recent agreements,

Ministry of Economic Affairs and Finance News Centre, SHA-

DA, reported.