Management Education in India

Management courses whether at an institute or online are in demand today given the boom in the economy and the increased demand for the discerning, talented and qualified new-age managers.

Management education in India is well-developed and there are a good number of institutes offering innumerable programs to cater to the rising demand for MBA degrees. One qualifies for these institutes through common entrance exams such as, CAT and subsequent GD. While CAT scores are crucial for the IIMs and Tier 1 institutes, there are also separate exams conducted by private management institutes.

Most MBA programs in premier institutes in India, offer similar foundation course packages in the first year. Specialization, projects and internships come into play in the second year. While finance, marketing and HR courses are traditionally big draws, many B-Schools today, advertise diverse academic disciplines. The aim is to create a perfect blend of ethical and commercially-viable decision-makers and managers in an increasingly interrelated world.

Samsung SDS upgrades Network with intelligent optical mesh technology

Samsung SDS, a subsidiary of Samsung Group and information and communications technology service provider has upgraded its network with intelligent optical mesh technology. It has deployed Ciena’s intelligent packet-optical switching, packetoptical transport, carrier ethernet (CES), and ON-center management suite solutions to create its own private network.This network will connect offices and employees across multiple locations globally.

RCom Partners with Bigflix - Video Streaming services to 3G Customers

RCom partnered with Bigflix to offer streaming video services to its 3G customers in the country. This offer would allow the customers to stream and watch full length movie for a price of `30 each. The operator would not charge anything for its data usage during the movie streaming, the company said in a statement. Unlike any other video streaming service, here the consumer pays only for the content and not for the data that has been used to view this content. This service is available across the Reliance network nationally but for the best experience, 3G handset with 3G data connection is desired.

THE Corporate Debt Restructuring CDR PROCESS

The Corporate Debt Restructuring CDR system is a three-tiered one in India. The first is the CDR Standing Forum, which includes lender and borrower representatives. It lays down policies for the process. A core group of the standing forum takes policy decisions. The second tier is the Empowered Group, made of top bank executives, which decides on individual cases and ensures policy execution.  The third is the CDR Cell. It helps the other two tiers prepare detailed rehabilitation proposals. The first step in the process consists of considering the proposal, brought to the CDR Cell by the leader in the lending consortium or the company. The process takes about 30 days, and all lenders agree to the terms. Next, the CDR Cell scrutinises the proposal, which also can take 30 days. Then there is a review presented to the Empowered Group (90-180 days). The review considers financial parameters such as return on capital and debt service coverage. Once okayed, the case goes into restructuring mode.

Telenor, Alcatel-Lucent Launch Digital Content Store in Serbia

Telenor is on an agreement with Alcatel-Lucent to launch Digital Media Store (DMS) in Serbia and to deliver personalized digital content to its subscribers in Europe and Asia. The store gives customers in Serbia, an access to a wide variety of personalized digital media services such as music, applications, games, e-books, and videos. Telenor will later deploy DMS solution on a country-by-country basis. As a part of the partnership, Alcatel- Lucent’s DMS enables Telenor to provide its customers with a rich blend of services and content and more from a single cloud based ‘entertainment hub’.

Wishtel to Invest 15 crore for Designing and Manufacturing

Wishtel is planning to invest 15 crore for ramping up its design, manufacturing, and software engineering capabilities. The ramped up capacity will help in meeting growing global demands for the company’s market leading tablet products and turnkey solution services. Wishtel has already shipped over 50,000 devices and expects to reach monthly volumes of 100 thousand per month in the second half of 2012. To meet this growing demand, Wishtel is expanding the capacity of its manufacturing facilities in Mumbai and Kandla, Gujarat.