Future of Robotics and Artificial Intelligence

  For many years we have seen science fiction and looked to a future in which robots are intelligent and performing a number of tasks that we could imagine to be performed only by humans. The Terminator, The Matrix, Blade Runner and I, Robot are all good examples of this vision. Until few years back, consideration of what this might actually mean in the future was unnecessary because it was all science fiction, not…

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Learn How Startup Incubators are good for Growth?

Learn How Startup Incubators are good for Growth?   “You have to work on the business first before it works for you.” -― Idowu Koyenikan To fine-tune your business model and prepare a growth plan, a first time entrepreneur must seek assistance from a reliable startup incubator. Startup accelerators and incubators teach aspiring entrepreneurs ways to “accelerate” growth of their ventures and “incubate” innovative ideas to create strategies aimed at success….

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Scope of Operations As Specialization

Scope of Operations As Specialization Operations management is the backbone of all activities carried by any business enterprise. More than half of jobs in the industry are either purely or related to operations management e.g. Logistics, supply chain, quality management, scheduling, inventory control, production planning, queuing management, optimization, customer service and much more. One has to understand the stages of business at which operations management is implemented. When an idea…

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The Professor’s Job

The Professor’s Job   It’s great to be a professor. It is one of the most challenging and exciting jobs in the world. A professor is always engaged with the most energetic and young minds. A professor has to shape the minds which are in the state of highest conflict biologically and psychologically. The beauty of this profession creates a socio-educational environment where experience meets the energy. The professor always…

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Income Inequality is a Bitter Truth.Will the New Tax Structure Soften the Blow?

“The wealth of the world has indeed increased by leaps and bounds, but most of it has fallen into the laps of the few”.It has been more than a century since Ernest Howard Crosby wrote these lines in 1908. However, he is closer to the truth now than ever. According to a Cedit Suisse report, the richest 1% of Indians, own 58.4% of its wealth. Trend shows that this gap…

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Understanding Union Budget 2017

The Finance Minister, Mr. Arun Jaitley presented Union Budget 2017, his fourth annual budget, in the Parliament on 1st February bringing three major reforms; ‘date of presentation of budget’ has been advanced to February 1st in order to enable the Ministries and Departments to operationalise all schemes and projects right from the commencement of the next financial year; ‘Merger of Railways Budget with the General Budget’ which itself is the…

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Funding of Higher Education in India – Towards a Self Financing Sustainable Model

  Higher Education in India is passing though a transitional phase. Need for quality education along with skill development focus is felt all around. With the growth in number of institutions and entry of private sector, the realities in which these institutions function have changed drastically. The present growth is largely driven by the increasing propensity of the middle class to spend more on education and aggressive initiatives by private…

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How to Select Specialization Domain

  For students pursuing PGDM/MBA, this is the high time for choosing the specialization. Though the students have to select their field of specialization after summer internship but making such a crucial lifetime decision takes months eventually. Since the students are through first two terms and they have tasted the appetizers of marketing management, financial management, human resource management, and operations management. Now before selecting the main course, a student…

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