Post on 07-Feb-2018
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