"A small hardware placed at the location will ensure that 100 metres around the area becomes the bluetooth hotspot, where people get an alert about promotional offers in the surrounding retail environment. The applications could be audio or video images, which can be downloaded and shown at the counter to avail of the discounts claimed by the message," says Gautam Jayaraman, head of sales at Value First.
In a unique initiative, students from IIM-Ahmedabad will work with Communist Party of India - Marxist politburo member Sitaram Yechury and help in planning for the Member of Parliament Local Area Development Scheme this year. They will be involved in the National Rural Employment Guarantee Scheme and Sarva Shiksha Abhiyan. Provisions of the Right to Information Act will be analysed. Students will assess funds spent by the constituency and create a monitoring system.
Chairman and managing director of Reliance Industries, Mukesh Ambani is understood to have expressed interest in footing the salary bills of international faculty at the Indian Institute of Management, Bangalore.
Gujarat State Co-operative Bank, the apex co-op bank in Gujarat, has already hiked salaries by 16 per cent, said Shailesh Shah, General Secreatary, Gujarat State Co-operative Banks' Employees' Federation. The bank has a workforce of 237 employees. Ahmedabad Co-operative Bank too has given Rs 1600 hike to their employees.
Two ex-IIT Kharagpur students have decided to come out of their comfortable professional zones to create a venture called 'Demazi', which would enable SMEs to create their own IT solution online at a minimal cost. SMEs owners can log on to the website and key in the requirments they need from the software.
The central government's view of exploring public-private partnership (PPP) in the establishment of new institutes of higher learning has a private hand, right from the first step.
For students aspiring to take up post graduate studies at Canada and getting a work permit subsequently, there is good news. International students will now be able to obtain an open work permit under the Post-Graduation Work Permit Programme, with no restrictions on the type of employment and no requirement for a job offer.
The floor seems to be divided between realtors and Gujarat urban development authorities on the implentation of the New Integrated Township Policy. Township projects worth over Rs 10,000 crore (Rs 100 billion) in and around Ahmedabad have been left in a lurch due to this, according the real estate developers. Many developers who have already earmarked land for the townships feel that the policy is not yet implemented
The premier Indian Institutes of Management will have to draw on all their management skills to solve the current financial imbroglio they are in. On the one hand, the fee hike by IIM Ahmedabad and IIM Bangalore has caused heartburn not only among students and the Union Human Resource Development Ministry but also among the other IIMs who say they were not consulted despite an existing agreement to do so. IIM-A and IIM-B have said that a fee hike is a prerogative of their own
Ahmedabad-based Malibu Plastica, a manufacturer of polycarbonate plastic sheets, is working on redesigning the metal tops of post boxes, which would make it rust-free and weather resistant. This is the first time such a project has been undertaken.
The government appears to have hit upon a novel faculty-sharing solution to tackle the shortage of quality faculty at the premier Indian Institutes of Technology. The shortage will accentuate now that eight new IITs have been announced.
For those mulling their first job offer and wondering if they are being paid right, here is a website that could give an indication.
The Delhi Daredevils, IPL's Delhi team which is owned by the GMR Group, has recruited a student of the Postgraduate Programme in Public Policy and Management (PGP-PMP) from the institute to manage its operations. Colonel Vinod Bisht, the student, has been hired as assistant vice-president (operations) for the company for a Rs 30-40 lakh package.
When Samir K Barua took over as the director of the Indian Institute of Management, Ahmedabad (IIM-A) in November 2007, he had listed knowledge creation, hiring and retention of faculty members and increasing contacts with the industry as his priority work areas. Four months on, Barua is planning a number of initiatives in the upcoming academic year towards achieving his objectives.
CPI (M) politburo member Sitaram Yechury has outsourced the planning of the Member of Parliament Local Area Development Scheme in West Bengal to IIM-A students. Students will be involved closely with the constituency's role in the National Rural Employment Guarantee Scheme (NREGS) and Sarva Shiksha Abhiyan. 4-5 students will work on this project and will be guided by faculty advisors. This project will enable students to understand the working of government and public policy.
Five school students got together to create a car out of scraps for just Rs 11,000. They spent two years sifting through scrapyards to find appropriate material for the car.
Rajkot-based diesel engine maker, Fieldmarshal Group, will make a small electric car with foreign collaboration that is likely to be priced at Rs 99,000.
"The tie-up with the ASE could either be an equity partnership or a technology tie-up, or both. The regulatory bodies have to clear the proposal and we also need approval from our members first," a top ASE official said on conditions of anonymity.
It is for the first time that students of PGPX, a one-year programme that targets young industry executives with an average work experience of 7 to 9 years, has got such offers. Last year, a PGPX student had broken all records by receiving the highest job offer of over Rs 1 crore (Rs 10 million).
Amity University is scouting for land in Ahmedabad to set up its first campus in Gujarat.