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Cover STORY

Alternatives to CAT 2016

Now that the CAT results are out, many of you must be heart-broken for having failed to score as per your expectations. But don't give up hope since all is not lost. In this article, we explore other options that you might want to look at. ... Read More

MBA BUZZ

Post CAT prep: Giving your best in the PI round

Now that you're done with the CAT, the next big challenge is certainly going to be the Personal Interview round. There are many ways in which you can ensure that you sail through this round with flying colours. Here are a few of them. ... Read More

Count DOWN

Future-Proofing yourself: Top jobs that require upgrades

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Success STREET

Stay positive, and you will find success

...feels SHIV KHERA. In a conversation with Alolika Banerjee, the world renowned author, business consultant and entrepreneur talks about the many times in life when our own negative attitude becomes the biggest problem and how to battle that biggest challenge. ... Read More

Top 10 words of advice for would-be entrepreneurs

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Snippets

News in brief

Maruti doubles its production in 2016 than that of its Japanese parent: Maruti Suzuki will end the year producing almost double the number of vehicles in India (15.2-15.5 lakh passenger vehicles) than parent Suzuki Motor Corp in its home market of Japan (7.65-7.75 lakh). ... Read More

Corporate WORLD

Budget 2017 forecast: Populist or pro-investment?

Given the negativity surrounding the demonetisation drive, the government is expected to play it rather safe on February 1, 2017, when the finance minister presents the Budget for 2017-18. In this article, we work out what's to expect. ... Read More

Demonetisation: A boon for financial technology

The note ban couldn't have come at a better time for the various fintech companies. Almost overnight, digital economic transactions increased multifold, and the nation appears to have embraced, albeit cautiously, the idea of a cashless economy. ... Read More

Hits and misses: Report after 3 years of NDA rule

Since coming to power in 2014, the NDA government has had its share of successes and failures. This article explores the major hits and misses of these last three years. ... Read More

Study HOUR

Word Dose

But in his second year there he had drifted into a bad set and ended up, one foggy night in London, in carnal possession of a naked girl. ... Read More

Globescan

A quiz to boost your General Knowledge ... Read More
Ad expense growth pace to hit 3-year low: GroupM
Advertising expenses might expand to 10% this year in 2017, according to India's biggest media-buying agency GroupM.

This is however quite a lukewarm start to the businesses, in fact the slowest pace in three years, probably because of the effect of demonitisation that extends from the last quarter to the present.

"Demonetisation shaved off about 2% from advertising expenditure last year. If not, growth could have been 13-13.5%," said CVL Srinivas, CEO, GroupM South Asia.
New passenger vehicle financing market in India will double to Rs 1600 billion by 2020
According to a report by Ernst & Young (E&Y), India's new passenger vehicle finance market is expected to double to over Rs 160,000 crore from 2014-15 levels by the turn of the decade.

The auto finance market in India is a growing market, with 74% finance penetration, and sub 1% Non-Performing Asset (NPA) levels, says the EY Report.

With a population size expected to hit 1.4 billion in 2020, and large majority of the population belonging to the driving age, it provides for one of the world's most attractive auto markets.
Britannia signs MoU with Greece's Chipita
Britannia Industries has invited Greek baker Chipita to make rolls, croissants, and other dough products in a joint venture to meet the demands of the home market that is becoming urbanised with every passing day.

"We've signed a non-binding MoU and are working towards formalising a joint venture. We see immense scale through this partnership, since the categories are highly scalable and are bridge products between biscuits, chocolates and fresh bakery, at competitive prices," said Britannia managing director Varun Berry.

Britannia will be holding the majority stake in the venture that will involve an initial manufacturing investment of about $11million.
HTC to stop making below-Rs 10,000 handsets from this year
HTC Corp is trimming its portfolio to half this year and will be moving out from the category that's below Rs 10,000 price bracket. The company has bigger plans in the premium market and gain a higher share by value rather than by volume.

The Taiwanese smartphone maker will also launch its virtual reality headsets in India within the next quarter, at over $950 per piece, after having delayed it by a few months.

"This year we will have only 7-8 models, staggered across the year, and only above Rs 10,000," said Faisal Siddiqui, president for South Asia at HTC Corp.
Tata Motors & Volkswagen Group partnership seems imminent
A partnership seems imminent between Tata Motors, India's largest automobile company by revenue, and Volkswagen Group, Europe's largest car maker by volume.

This merger will have a wide-ranging impact on India and other emerging markets.

The contours of the partnership, on whether it will be a joint venture or a technology tie-up, are still being worked out. The negotiations are in progress and could culminate in an announcement at the Geneva International Motor Show in March.
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