JEE mains, AIPGMEE 2015,karnataka results,

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Inter results, Puc results,degree results results were announced today by Deputy Chief Minister Kadiyam Srihari who said that with apprehensions rising over the delay in release of the results, officials ensured that the results released on time.Overall pass percentage was registered to be 61.41 compared to 60.14 last year and girls registered the pass percentage at 66.86 percent while boys registered 55.91 percent.

AIPGMEE 2015

All about Alibaba IPO points to a new economic model

China is no stranger to outsized equity offers. Its three large banks took the global financial markets by storm a few years ago when they tapped the primary markets to raise capital. Chinese online retail giant Alibaba Group Holding Ltd has just raised $21.8 billion in its record initial public offering (IPO). The firm will thus be valued at $168 billion. Alibaba is a different as it is the result of an emerging entrepreneurial culture in communist China. It is a star of the digital economy rather than a smokestack industry. In a way, Alibaba is an example of the new economic model that China is trying to adopt, as its traditional strategy of manic industrial investment funded by government banks.

Alibaba made its long-awaited Wall Street debut on Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant. By raising as much as $25 billion, Chinese online giant Alibaba is poised to break the record for the largest initial public offering in history. Priced at $68 a share, Alibaba would raise $21.7 billion with the offering of 320 million shares. If underwriters exercise the option for 48 million additional shares, the amount would top $25 billion, breaking the 2010 record set by China's AgBank.

The company officials hope that in the next 15 years the world will change and said “We want to be bigger than Wal-Mart.” Some analysts were upbeat about Alibaba, which dominates the Chinese online retail space with Taobao.com and TMall.com. Alibaba has become the biggest e-commerce firm in the world in terms of gross merchandise volume," research firms said, setting a target price of $80 per share and some even targeted a price of $90/a share. West considers the Alibaba is an opportunity to invest in China, although the stock's not cheap.  “We believe the company's outsized growth and margin profiles, if sustained, should support higher valuation over time." Alibaba Group made a profit of nearly $2 billion on revenue of $2.5 billion in the quarter ending June 30. Revenue rose 46 percent from the same period a year earlier. Alibaba decided to list in New York because it wanted an alternative class share structure to give selected minority shareholders extra control over the board; the Hong Kong bourse declined to change its rules to allow this.

Establishment of Disaster MGMT Institute in Andhra Pradesh

According to the Andhra Pradesh Reorganisation Act, 2014, the Government of India has to establish the National Institute of Disaster Management (NIDM) in the successor State of Andhra Pradesh within a period of 10 years.  At the initiative of the Central Government, the Government of Andhra Pradesh has identified land in Guntur district for establishment of NIDM. The Institute is expected to be established well before the stipulated time.Shri Kiren Rijiju MoS (Home) gave this information in Rajya Sabha today in a written reply to a question by Dr. T. Subbarami Reddy.

Bio Asia study says India has several advantages to carry specialized research in life sciences

Bio Asia study predicted that India is well poised to be an important player as the world tries to answer the innovation challenge given the existing life sciences research eco-system and has several advantages such as low cost proposition, large patient population, large number of institutes in India equipped to carry out specialized research.

 Bio Asia, the annual industry forum with the support of KPMG in India today unveiled the findings from a study titled Innovation in life sciences in India - Current state and future imperatives. The study delves into the competitive landscape of the life sciences industry and analyzes how innovation can be a crucial enabler of the growing life sciences segment in India.

The report was released by Manni Kantipudi, CEO, GVK Biosciences, in a function organized in the city.  According to BiaAsia CEO M Nagappan, eleventh edition of BioAsia organized earlier this year unveiled the promise of innovations in life sciences. Consequently, this report was commissioned with the support of KPMG in India to analyze the key observations from the conference while evaluating the growth opportunities and the impediments.

Talking about the report, Utkarsh Palnitkar, Head Advisory, KPMG in India said,  while innovation in life sciences did happen in pockets, it is now slowly taking root in India.

The paper is a healthy mix of secondary and primary input and highlights a balanced view of the innovation culture in India focused on Life Sciences. India’s capabilities or the lack thereof are explored and assessed to create a matrix that concisely captures where we stand as a country and what we need.

The research is based on data gathered from the 20 structured primary interviews conducted with the industry leads across the life sciences spectrum and an extensive secondary research. The primary research focused on telephonic / face-to-face conversations. The exhaustive analysis undertaken by this study clearly indicates how India can become the hub for life sciences innovation. 

MBA Program where in student pays fees only after getting placement

Sunstone Eduversity launches “Pay after placement” MBA program where MBA students pay fee only after their placementsSunstone Eduversity has launched “Pay after Placement” MBA program, a revolutionary performance based MBA program for deserving candidates. The program demands fee only after student is able to get placement. Hence, college is taking full responsibility of student's future.

A lot of concerns have been raised about the Indian MBA education system primarily due to lower employability of MBA graduates. Approximately 4 Lacs students graduate every year from regular MBA programs of which around 3 Lacs of these students are not employable today because they lack the skills needed by the industry. Poor performance of MBA colleges has increased the mistrust among students. It’s tricky to sign up for a 5-6 Lacs fee when you aren’t even sure about a job after completion.

"Pay after placement" MBA program by Sunstone Eduversity is improving this eco system in multiple ways:First, it reduces the financial risks and encourages right candidates to pursue MBA. An investment or a loan is very easily justifiable when a student can be confident of cash flows in future.

Secondly, it rebuilds the lost trust between MBA colleges and MBA students as they work towards the common goal. This model ensures that a college does not make false promises. Finally, this model forces the program to be industry-relevant.

Mr Raju Garg, Founder and Director, Sunstone Eduversity says, "It’s not that our industry doesn’t create jobs for young management graduates. It’s the skill gap that obstructs their career path. This fee arrangement makes “career” as the final outcome, rather than a paper degree."

Currently this programme is available at Sunstone’s 4 campuses in Greater Noida and Ghaziabad. The program is already becoming very popular. Mr Nituj Gupta, Managing Director,

Sunstone says "In only few days of its soft launch, Sunstone has received tremendous response with more than 200 candidates applying in a week. More importantly, these are good candidates who were not able to take MBA education decision due to financial risks and mistrust. It certainly increases our risks but at least, we are able to provide the right confidence to our students. We are proud to be the pioneer and would expect more institutions to solve this issue from a student’s perspective."