Indian Institute of Management, Lucknow (IIML) students&rsquo;-run fund Credence Capital has outperformed Nifty even in the recent choppy waters of equity market. While benchmark Nifty witnessed fall of nearly 14 per cent, Credence generated a return of 5 per cent in its equity fund, while the derivative fund returned a whopping 35 per cent.

IIM-L students' fund outperforms Nifty

Business Standard

The Centre would soon introduce in Parliament the much-awaited Foreign Education Providers (Regulation) Bill which would help students get access to education provided by overseas universities.

Foreign education providers Bill soon

Press Trust of India

One-Sentence Answer: Active leadership, new voices, safe spaces, and smart borrowing can help protect innovators from the sucking sound of the core.

Break the 'Sucking Sound of the Core'

Honda Motorcycle and Scooter India (HMSI), India&rsquo;s third- biggest two-wheeler maker, showcased the CBR150R at the Delhi Auto Expo last month.

Battle of the Samurais in India

Despite being a late entrant, business and risk consulting firm Protiviti has made a mark for itself in the internal audit market in India in a short span of six years. Mritunjay Kapur, country managing director, Protiviti Consulting, joined the firm in 2006, and is credited with spearheading the company&rsquo;s growth strategy in the country. In this conversation with Alokananda Chakraborty, Kapur talks about how talks about the lessons learned from the recent financial crisis and how organisations are reacting to the new demands of risk management. Excerpts.

Traditional risk management approaches do not adequately identify, evaluate and manage risk: Mritunjay Kapur

When in India, we know who rules the social networking domain. But if you are among those who prefer real-time chatting on your smart phone or tablet, it&rsquo;s time to try Nimbuzz. A recent survey by Nielsen Informate panel says that the Nimbuzz Messenger, a free chat and calling app that lets you connect 24x7 on Gtalk, Facebook, Yahoo, MSN etc, enjoys 24 per cent reach in the chat genre in India.

The chatterbox challenge

The Indian cheese story has come a long way &mdash; from one that once used to be only about Gujarat Co-operative Milk Marketing Federation&rsquo;s Amul, cubed, canned and now sliced, it now includes a bunch of new players, both national and international. Increasing competition has also meant players are looking at newer avenues for growth. Take Maharashtra-based Parag Milk Foods, which is eyeing the institutional segment with keen interest.

Parag Milk Foods: Way to go

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ISBN

The top 10 business bestsellers

    Identify this American entrepreneur who learnt to program on an Atari 800 at the age of seven. He was caught hacking into a Fortune 500 company at 16 and was recruited by the CIA to work for them. He became the founding president of an internet company at 24 and wanted to make a hedgehog the company&rsquo;s mascot.

The Strategist Quiz (#240)

    In the 90s a computer virus was discovered that would erase all PC hard disks annually on March 6th of every year. What was the name given to it and why? IBM&rsquo;s PCs were most affected.

Answers to last week's quiz (#239)

Ethics is an integral part of organisational culture. Our panel of experts say the focus is shifting from writing a comprehensive code of rules to empowering employees to align their actions with the mission of the organisation.

Investing in an ethical corporate culture

While recruiters from financial services have retained their top position during placements at top B-schools in the country this year, the numbers they are hiring have gone down. As against taking 25-30 students in one go, companies, especially in finance and IT sectors, are said to be taking only 8-12 students each, on average.

Bulk recruitments go thin at B-schools

The slowdown in 2009 saw many public sector organisations coming to the rescue of the Indian Institutes of Management (IIMs). This placement season may not paint a similar picture.

Public sector banks may not flock to IIMs

In an emerging market fraught with economic, financial and political uncertainty, industry leaders are constantly asking how to retain talent and engage them for benefit of all the stakeholders involved. The Nassom kickstarted its 20th edition of the India Leadership Forum with a session by leadership guru Marshall Goldsmith, aptly named &ldquo;Building leadership, partnership and engagement in your organisation.

Marshall Goldsmith talks leadership at Nasscom

Xavier Labour Relations Institute (XLRI), Jamshedpur, has not been impacted by the economic downturn, as reflected in its Final Placement Report for 2012 released on Tuesday. The B-school saw 98 per cent of its students getting placed within the first three days of the placement process.

Surge of job offers at XLRI Jamshedpur

As you walk into the Hypercity store in Malad on the western suburbs of Mumbai, you are bound to see a lot of changes in the shop floor. While the caf&eacute; on the left hand side has moved to the first floor, the apparel section has come to the ground floor. The section on consumer durables and electronics on the first floor has been reduced, while the home wear segment has expanded.

Hypercity flashes value card

Adidas AG already dominates the global soccer market. It is now targeting teenage girls more influenced by music and fashion than sports.

Adidas targets teen girls for $1.3-bn sales

Students and entrepreneurs can take it easy now. A group of 20 people representing the Ministry of Finance, Ministry of Micro Small and Medium Enterprises, Ministry of Agriculture, Department of Information Technology and banks like Small Industries Development Bank of India are devising methods to support their business plans.

A ray of hope for entrepreneurs

So actor Shah Rukh Khan is going to be the brand ambassador for West Bengal &mdash; that too gratis because, he says, he &ldquo;feels for the state&rdquo; which has become his &ldquo;second home&rdquo;. How sweet of him.

Kanika Datta: The importance of being SRK

Vocational training focuses on practical applications of a job. Thus it will help to enhance individual employability, reduce the mismatch between demand and supply of skilled manpower and provide an alternative for those pursuing higher education without particular interest. These are aimed at preparing students for entry into the labour market and even after vocational training there opens scope for higher learning. Thus it will help to promote skill development.

Student's corner

Breakfast cereal maker Kellogg&rsquo;s announced yesterday that it was acquiring salty snack brand Pringles from Procter &amp; Gamble (P&amp;G) in a $2.7-billion (Rs 13,000 crore) deal. For the $82.6-billion (Rs 4 lakh crore) P&amp;G, dominant in categories such as household and personal care, the transaction will mean an exit out of a business that is clearly non-core for it.

Page 534 - News