Archive | September, 2013

From the Editor’s Desk

5. September 2013

0 Comments

“Be the change that you wish to see in the world.”
― Mahatma Gandhi
AvantGarde took a huge leap forward last month by venturing into a complete new look and design along with the launch of the new eBook format. We take this opportunity to convey our heartfelt thanks to all our readers for all the [...]

Continue reading...

FALLING RUPEE IN INDIA CAUSES AND IMPACTS

5. September 2013

0 Comments

“We invented money and we use it, yet we cannot understand its laws or control its actions. It has a life of its own.”
- Lionel Trilling, American literary critic.
The most concerning chapter for India during last two years and specifically last two months is the weakening of rupee against dollar. It is not only that [...]

Continue reading...

Spotty Spot Market: NSEL Fiasco

5. September 2013

0 Comments

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 [...]

Continue reading...

Falling rupee against dollar: Reasons and possible remedies

5. September 2013

0 Comments

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 [...]

Continue reading...

Retail sector-Back end supply chain

4. September 2013

0 Comments

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 [...]

Continue reading...

Why BJP will do better in 2014 Loksabha elections

4. September 2013

0 Comments

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 [...]

Continue reading...

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

4. September 2013

0 Comments

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 [...]

Continue reading...

QUIZOMANIA

4. September 2013

0 Comments

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 [...]

Continue reading...

QUIZOMANIA Answers

4. September 2013

0 Comments

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

Continue reading...