Members of Research Committee

SBES e-newsletter Volume - IV Issue - 4

Oct– 2014

Editorial Board

Patron

Prof. Manish R. Mundada

Founder President, SaiBalaji Education Society

Editor

Dr. Laxman Kumar Tripathy

Director, SaiBalaji International Institute of Management Sciences

Editor

Dr. Sandip Sane

Director, International Institute of Management Studies

Advisory Committee

Dr. Nadeem Khan

Dean Academics, International Institute of Management Studies

Dr. Tripti Sahu

Dr. Nitin Ranjan

Prof. Smarjeet Das

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Page 2 SBES ASTUTE, Oct, 2014

On 27'th September, 2014 a national seminar was held at the SBIIMS premises on the topic

"Possible Approaches for Rejuvenating Indian Economy; The role of Business Practices in

India Inc". Firstly, the guest of honor, founder president of SBES Mr Manish R Mundada

enlightened the students with his immense knowledge and thereby provided concurrent in-

formation on the following topic. Next the guest lecture's started with Mr Manas Sahoo,

VP of a pharma company delivering on the 'role of supply chain towards rejuvenating Indi-

an economy', he mainly concentrated speaking on the salient features of supply chain and

its impacts towards the Indian economy.

Mr Manas Ranjan Mohanty, another prominent guest lecturer followed Mr sahoo and

thereby he enlightened the students with the role of agriculture towards rejuvenating Indian

economy he was very prominent with facts and figures and thus provided a whole lot of

information. Followed by Mr Yogesh Upadhay, HR head of a prominent firm delivered his

views on various aspect's of HR role towards the Indian economic growth, his ppt on the

topic was really mesmerising. Lastly Mr Anup Mishra, CFO of Mahindra Tech addressed

the students speaking on the topic how financial instances are providing towards rejuvenat-

ing the Indian economy and he delivered such a good speech that one could remember eve-

ry single word. As such the seminar was enriching and fruitful to the students too.

By; Hrishikesh Dutta

MBA Ist Sem

National Seminar

"Possible Approaches for Rejuvenating Indian Economy.

The role of Business Practices in India Inc"

A Repot

Corporate Jokes

Page 3 SBES ASTUTE, OCT, 2014

Staff Birth Days

Ms. Nutan Singh Oct 2

Prof. Chandan Ambatkar Oct 10

Ms. Priyanka Kumari Oct 11

Mrs. Akanksha Taunk Oct 13

Prof. Ekta Joshi Oct 13

SBI signed 500 million dollar Line of Credit with Korea Eximbank

State Bank of India (SBI), the country’s largest lender on 26 September 2014 announced

that it has signed a Line of Credit (LoC) of 500 million dollar with Export-Import Bank of

Korea (Korea Eximbank). The LoC will be utilised to provide finance to SBI’s clients in In-

dia and neighbouring countries that have business relationships either by way of equity par-

ticipation or regular trade with Korean companies globally, as well as joint ventures or sub-

sidiaries of Korean companies.

Croma and Snapdeal tied up to sell electronic items online

Tata Group company Croma and Snapdeal.com on 16 September 2014 tied up to sell elec-

tronic goods online. This omni-channel retail association will enable Croma and Snapdeal

to leverage from each other's strengths. Croma and Snapdeal already launched Lenovo tab-

lets exclusively on the platform and announced special offers on the Karbonn Titanium S10

mobile phone.

Cognizant acquired healthcare software company TriZetto

Nasdaq-listed Cognizant Technology Solutions Corp on 15 September 2014 acquired

healthcare IT services provider TriZetto Corp for 2.7 billion US dollars. The acquisition is

aimed at boosting the healthcare business of Cognizant.

Union Government removed three independent directors from the ONGC

board

Union Government on 21 September 2014 removed three independent directors from the

Oil and Natural Gas Corporation (ONGC) board. The three directors P Umashankar, S Ravi

and RK Singh have ceased to be independent directors with effect from 19 September 2014.

P Uma Shankar along with S Ravi and R K Singh were appointed on ONGC board on 29

November 2013

Page 4 SBES ASTUTE, OCT, 2014

Page 5 Volume - IV Issue - 4

Microsoft Corp acquired Minecraft game maker Mojang

Microsoft Corp on 15 September 2014 acquired the Swedish video game company Mojang

for 2.5 billion US dollars. With this acquisition, Microsoft aims to lure young audience into

its mobile world. Microsoft is primarily known for business software like Word and Out-

look. But the acquisition of Mojang will help Microsoft expand its gaming division which

also includes game franchises such as the Halo shooter game and Forza racing game.

Union Commerce Ministry cancelled approvals of nine SEZs

The Union Commerce Ministry on 29 September 2014 cancelled approvals of nine special

economic zones (SEZs), including that of Hindalco Industries, Essar and Adani. The deci-

sion was taken after it was found that no satisfactory progress was made to execute the pro-

jects since the grant of approvals to these SEZs. The decision was taken in the meeting of

the Board of Approval (BoA) headed by Union Commerce Secretary Rajeev Kher. Further,

the board asked the developers to refund the duty benefits availed by them.

Bharti Airtel launched music streaming app Wynk for Android and iOS

Bharti Airtel, the largest mobile operator in India, on 2 September 2014 launched Wynk

Music app for Android and iOS. The app is a carrier agnostic music streaming mobile appli-

cation. Wynk is an innovative app that presents a whole new dimension to for music by

blending the technology and music.

With this, Airtel became the first operator to introduce an OTP (over-the-top) mobile appli-

cation in the Indian market.

Congrats…………..

SBES conducted presidential elections in the campus various positions of 26/09/2014

Ms. Kajal was elected as Lady representative for SBIIMS whereas Ms. Aishwarya Ashokan

and Gitanjali Prakash became lady representatives of IIMS

The following students for being elected at different positions for PGDM

The following students for being elected at different positions for MBA

Mr. Fresher IIMS- Avinash Maharana

Ms. Fresher IIMS- Garima Singh

Mr. Fresher SBIIMS- Arijit Roy

Ms. Fresher SBIIMS - komal

Ms. Fresher IIMHRD(W) (Mba)- Saisoumya Mo-

hanty

Ms. Fresher IIMHRD(W) (Pgdm)- Priya Kheriya

Institute President Vice Presi-

dent

Cultural

Secretary

Joint Cul-

tural Sec-

retary

Sports

Secretary

Joint

Sports

Secretary

Magazine

Secretary

Joint Maga-

zine Secre-

tary

IIMS Avinash

Mahara-

na

Sagar shah Deviyansh Rahul

Donga

Vishnu

Priya

Saurav

Ku Verma

Pritam

Ku. Das

Dipakshi

Krishanan

SBIIMS Nitesh Richa

Institute General

Secretary

Joint Gen-

eral Secre-

tary

Cultural

Secretary

Joint Cul-

tural Sec-

retary

Sports

Secretary

Joint

Sports

Secretary

Magazine

Secretary

Joint Maga-

zine Secre-

tary

IIMHRD Anandita

Roy

Pranati Nikita

Belekar

Komal

Pandey

Jyoti Sapna Pooja

Yadav

Shalini Sen

SBIIMS Vikram

Sing

Hrishikesh

Dutta

Arjit Roy Ankit

Chaouhan

Ilu Shar-

ma

Keyur

Sharma

Mansi Satendra

Page 7 Volume - IV Issue - 4

IIMS organized a National Level Seminar on “Value based Management Education on

13th Sept. 2014. Many distinguished personalities form the corporate world were invited

in the seminar to impart knowledge to management students. The eminent speakers for

the seminar were

Dr. Srinivas Rarikar, Senior Director H.R. MCC Pune

Mr. Nirmal Kumar, ISCON pune

Dr. B. H. Agalgatti

Dr.S. K. Chahal Prof. and HOD philosophy dept. Savitribai Phule Pune University.

SBES welcomed its new batch of students with a blasting fresher's party which was or-

ganized on 19th and 20th of Sept. Students enjoyed cultural programs, Ramp walk and

DJ Night.

SBIIMS organized a National Level Seminar on 27th Sept. 2014"Possible Approaches

for Rejuvenating Indian Economy; The role of Business Practices in India Inc". The em-

inent speakers for the seminar were

Mr. Manas Sahoo

Mr. Manas Ranjan Mohanty, from RBI

Mr. Yogesh Upadhyay

Mr. Anup Mishra CFO Mahindra Tech

Institute

"Lolhor" - Low on Left, High on Right. Every presentation

always has to have as many of these graphs as possible. What

is the use of a graph showing achievement, targets or dreams if

it doesn't start "low on the left" and go "high on the right" ?

"Jess, I've got some investors coming in in 30 mins could you

run me off some Lolhor charts for them please?" ( Tip - If you

are struggling, use cumulative returns). Of course costs should

be Hollor, but psychologically no one likes a graph that goes to

zero as once there, where's your job?

Term of the Month

International Institute of Management Studies Sr.No. 54(1+2/1)Nere Dattawadi,

Near Hinjewadi IT Park.

Pune - 411033

Tel.: 020-66547500 /514

Website : www.iimspune.edu.in