July 2011
The Entrepreneurs’ Express Newsletter of the Entrepreneurship Cell, VNIT, Nagpur
The Editorial: Athena thy Soul’s flight…
The giver of the word: A statue of Goddess Athena in Georgia, USA
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Inside this issue: The Editorial
1
The Stock Souq
1
You Know What?
2
The Great Greece… Juggling Jargons
2 2
The Inside Story-IBM 3 The Unbiased Truth
3
Well, Athena could have been Saraswati. Or for politicians like Dig Vijay Singh, who prefer male dancers (not Sushma Swaraj), Kartikeya! Any cosmic figure symbolizing education actually! So as the admission season 2011 kicks – off and students miraculously transformed into headless chickens yet again, it’s time to introspect on whether the rebelliously revised curricula are imparting education or pouring numbers? And as a popular newspaper categorically blamed parents for birthing mark-sheets and not kids, where do our moralities lie? So this time, it’s the business of education. With ever increasing fees – and this time it’s the ‘overhead’ given ‘under-the-table’ that’s causing headaches. Anywhere between two lakh to five lakh rupees for a seat into the most oblivious
of engineering colleges is merely the tip of the iceberg. Scratch further and the murky marshes of scandals, cash-forseat scams that could make any ‘Raja’ a fakir will blow your senses. Recently, a professor from a reputed college in Mumbai was remanded for sending lewd messages to one of her female students. Expletives abound – exactly like the population that causes them.
Some of the more philosophical ones must be squirming in their seats. But that’s just a withdrawal symptom – a departure from their usual style of understanding. But this is the norm now! In the meanwhile, they can take consolation in a parody from Macbeth (III, 1), “It is concluded. Athena, thy soul’s aflight;
Hermes’ is knowledge now With a market of over $350bn and that is only right.” (that’s 9 more zeroes!) and an expansion rate of over 13.5%, it is definitely a lucrative business for anyone. But, in the scintillating aura of a world of shining books, the darkness of this ludicrousness dissolves and we end up less knowledgeable than we ought to. But all is not lost, someone get’s the money, right? And that’s what this business bug Lecture, Project, Submissions, etc.: Who’s Line Is It Anyway? is about, liquidity!
The Stock Souq : June 2011
Top Gainers
%Change
Pantaloon Retail
+16.95
Dish TV India Ltd
+16.49
Indraprasth Gas Ltd
+12.90
Top Losers
%Change
Titan India Ltd
-95.04
Mannappuram Finance
-50.74
Lanco INfratech Ltd
-27.65
-Sanchit Agrawal