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1.2 billion people – 1 Gold Medal – and we rejoice like we have topped the Olympic Medal Chart !

Since the news of Abhinav Bindra winning a Gold Medal at Beijing Olympics has arrived, every news media – from TV to news papers to blogs have been in utter jubilation .

Taking nothing away from Abhinav Bindra, he has achieved something that no other Indian can boast of – an individual Gold Medal at Olympics - but as a nation of 1.2 billion people should be so very happy for winning 1 Gold Medal ?

In last Olympics when we won a Silver, everyone concluded that it was a successful Olympic campaign ! give me a break. Are we satisfied with so little?

Just to put things in perspective – Countries with a fraction of a size of India and much poorer (Kenya, Latvia, Azerbaijan, Estonia, Georgia etc. etc..) manage to win many medals in every outing of Olympics and we are happy winning one medal – Infact, it is a reason for country’s jubilation !

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Dignitysecondcareers.org : Job portal for senior citizens

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Finally something for senior citizens on the net ! ICICI Prudential life and dignity foundation announced launch of a job portal – www.dignitysecondcareers.org - for senior citizens. dignitysecondcareers I must say this can become a real boon to retired and senior citizens. Each one of us have surely come across senior citizens who have wealth of experience in their kitty and have lot of time on hands – and want to work. In most cases, it is not for money, but they are just looking for a productive way to spend their free time. Retired people above the age of 50 years can post their resumes on the portal for a small fee of Rs. 100 (I do not agree with this, they should have kept it free). Employers can access the resumes for jobs which suit the profile of the candidates

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IIM-A ranked best business school by Zee Business Best B School Survey

Trak.in does get a lot of traffic on the post I published last year on India’s top Business Schools. That was a survey done by Outlook.

However, from this year Zee Business has associated itself with Global firm Synovate to rank India’s top B-Schools based on 5 different categories and then arriving at overall ranking.

Here are the 5 different categories based on which Top Indian business school ranking was arrived at:

  1. Course Content
  2. Industry Interface / linkages with Industry
  3. Overall Placements
  4. Top B-School Global exposure
  5. Infrastructure facilities

IIM Ahmedabad was top ranked business school in all categories except Global exposure, which went to IIPM. Based on overall ranking too IIM – Ahmedabad was at the top followed by IIM Bangalore and IIM- Calcutta.

Here are the full rankings of India’s top business schools.

 

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Top 15 Web properties in India

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Comscore today released statistics for top web properties in India for the month of May 08. The numbers throw up some interesting facts. For one, Google has overtaken the Numero Uno position from Yahoo that it had held since the start. Last year they were neck to neck with roughly 14.5 monthly pageviews (Yahoo slightly higher ), however Google sites saw a growth of 35% as against Yahoo’s 27% notching the top position.

It grew on the strength of several Google-owned entities, including Google Search (up 38 percent to 17.1 million visitors), social networking site Orkut (up 39 percent to 9.3 million visitors), blog platform Blogger.com (up 102 percent to 7.3 million visitors), and video site YouTube (up 131 percent to 6.3 million visitors).

The top 3 slots go to Google, Yahoo and Microsoft respectively. Rediff comes at respectable 4th place with a rise of nearly 19% over last year. The surprise inclusion was of AOL sites at 5th spot, who were not even present a year back. The AOL mail seemed to have been quite a hit with Indian audience and number of them are adopting AOL mail over Yahoo and Gmail.

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Want to see a $100 billion note?

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$100 billion noteAre we going nuts over India’s inflation touching 11.5%? Think about a country where the inflation is 2.2 million percent. Yes, that’s right Zimbabwe’s inflation has risen from 165,000% in February to whooping 2.2 million. Can you imagine that. The prices of goods double or even triple in a day ! Now here is another surprise.. Central bank has introduced a note that reads $100,000,000,000 ($ 100 billion) to cope up with cash shortages in the country. I do not have picture of 100 billion dollar note, but here is how $ 500 million note looks like. You know the actual value of that note ? One 500 million dollar Zimbabwe note is worth mere 2 US dollars :) [source]

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Do you want to be a Successful entrepreneur ?

I just stumbled upon an excellent post by Neil Patel. He is all of 21, but is one of the most successful Internet entrepreneurs I know of.

He has written an excellent article called “10 Reasons You Are Not A Successful Entrepreneur”. If you are serious about becoming an entrepreneur, this is a must read.

All the ten points he has mentioned are extremely important, but the 1st point - You don’t know how to manage money and 2nd point - You don’t have multiple game plans are of paramount importance if you are taking a dive into entrepreneurship !

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Mergers and Acquisitions fall sharply, but PE activity grows

2007 will go down in history as the year of Mergers & Acquisitions in India. However, 2008 has not kept pace with the momentum gained last year.

This year has not been good for India overall, Stock Market today has come down to nearly 12,500 points - a 15 month low -, investors have lost thousands of crores of rupees, the rupee has lost the fight handsomely against the dollar - last 6 months have seen rupee plummet from high of nearly 38.5 to a low of 42.75 against the dollar, real estate which grew at astonishing pace last year has seen tremendous slowdown. Inflation, which was hovering at less than 4% last year has nearly tripled to 11.5%.

The total number of Merger & Acquisition deals too have seen huge negative growth. During the first six months of 2008 total M&A deals stand at 265 with value at $18.54 billion as against 335 deals amounting to $ 43.97 billion in the corresponding period in 2007.

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Want to get home early from work? Spend some time on looking good !

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office makeupYeah..that's what has been revealed in a recent Synovate survey on beauty. More than 55% of the people think that well groomed and good looking people can get away with less work at workplace than their peers. Now, I have my doubts if this holds true in India – you can make your judgements :) I’d be more inclined to say that girls do have advantage of being just that – girls. They do sometimes get away with lesser work at office, and its not only at workplace ! Think about any situation – lets say you are in a long queue to get tickets. If a girls approaches you saying she is in hurry, most of the you may allow her to go ahead and feel good about it. But if guy approached you, it very unlikely that you will allow him to get ahead of you. Unfair advantage? you take a call !

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Contentsutra parent company ContentNext gets acquired by The Guardian Media Group for $30 million +

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The parent company of ContentSutra, ContentNext Media, has been acquired by Guardian Media Group for $30 million plus. It was founded by Publisher and Editor Rafat Ali in 2002.

ContentNext media has paidcontent.org, MocoNews, , PaidContent UK and ContentSutra under its wings.

 

Here is what Rafat has to say about it:

Almost six years after our company started with paidContent.org, we have been acquired by Guardian News & Media (GNM), the news media division of UK-headquartered Guardian Media Group (GMG). Guardian itself is owned by the Scott Trust.

GNM publishes UK national newspapers – the Guardian and the Observer – as well as the Guardian.co.uk and Media Guardian. We will be part of Guardian Professional group, which is the B2B media division for GNM, and runs targeted sites such the MediaGuardian, as well as online data businesses and conferences.

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Onmobile introduces audio ads on mobile platform: IS it too intrusive?

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Mobile VAS company OnMobile launched an audio advertising platform for mobile operators. Called AdRBT (ad ringback tones), the service will play audio ads to callers when they dial a mobile number. onmobile To put it simply, when a caller calls a particular mobile phone, he/she will hear ads while the phone is ringing. In return mobile operator will offer incentives to the mobile user who subscribes to this services. Offcourse, the mobile operator will require a permission from subscriber to activate the service on his or her mobile phone.

The ads can be targeted based on the location and VAS usage of the caller. The VAS usage data gives information such as what handset the caller is using, whether he uses the roaming service, how often he travels abroad, the types of ringtones he downloads and the services he uses. OnMobile will also play ads in regional languages. Apart from choosing the profile of the customer, advertisers will also be able to specify the number of times they want their ad to be played in, say, a week or a month, says Tripathy. They can also specify how many times they want their ad to be played to a particular caller in a fixed time period.

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Indian Internet Audience Growth highest in Asia-Pacific region

Comscore recently published the growth in Internet audience for Asia Pacific region, with India registering highest growth for the first time. According to the figures, India stands 3rd after China and Japan in the total number of Internet Audience.

Internet Audience Growth in the Asia-Pacific Region

April 2008 vs. April 2007

Total Asia-Pacific - Age 15+, Home and Work Locations*

Source: comScore World Metrix

 

Total Unique Visitors (000)

Apr-07

Apr-08

% Change

Asia Pacific

280,418

318,623

14

China

90,274

102,848

14

Japan

53,685

55,260

3

India

22,395

28,375

27

South Korea

26,323

25,652

-3

Australia

10,048

10,904

9

Taiwan

9,245

10,388

12

Malaysia

7,462

8,327

12

Hong Kong

3,525

3,718

5

Singapore

2,216

2,298

4

New Zealand

1,937

2,161

12

 

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7 grand challenges facing IT

I came across this report by Gartner while writing my previous post. It talks about major challenges faced by IT Industry that have not been resolved as yet.

I am reproducing that report here for readers benefit.

Here are the seven IT Grand Challenges as identified by Gartner.

Never having to manually recharge devices:

Today, the ubiquity of portable computing and communications devices powered by battery means that many people would find it highly desirable to either have their batteries charged remotely or their devices powered by a remote source, bypassing the use of batteries altogether.  Despite more than 100 years of research since the invention of the Tesla Coil in the late nineteenth century, the most notable progress to date was achieved by the Massachusetts Institute of Technology (MIT) in July 2007 in their experiment to transfer non-radiative power. By this measure, any commercial application of wireless powering still seems a long way off.

Parallel Programming:

Rather than simply creating faster single-core processors to perform tasks serially, another way to meet the constant demand for faster processor speed is to develop multiple, slower speed processors that perform tasks serially. Simulations, modeling, entertainment and massive data mining would all benefit from advances in parallel computing. However, a challenge with parallel computing is to create applications that fully exploit a “multi-core” architecture by dividing a problem into smaller individual problems addressed by individual processors. To overcome this, key issues will need to be addressed, including effectively breaking up processes into specific sub-processes, determining which tasks can be handled simultaneously by multiple processes, scheduling tasks to be processed simultaneously and designing the architecture of the parallel processing environment.

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Tata Motors to introduce Air Car – Is it the next big thing?

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Tata Motors is taking giant strides and making history for itself. First the Landrover-Jaguar deal, then the world's cheapest car and now it is also set to introduce the car that runs on air, compressed air to be specific. Air Car With fuel prices touching nearly $150 per barrel, it is about time we heard some breakthrough !

India’s largest automaker Tata Motors is set to start producing the world’s first commercial air-powered vehicle. The Air Car, developed by ex-Formula One engineer Guy Nègre for Luxembourg-based MDI, uses compressed air, as opposed to the gas-and-oxygen explosions of internal-combustion models, to push its engine’s pistons. Some 6000 zero-emissions Air Cars are scheduled to hit Indian streets in August of 2008.
The Air Car, called the MiniCAT could cost around Rs. 3,50,000 ($ 8177) in India and would have a range of around 300 km between refuels. The cost of a refill would be about Rs. 85 ($ 2). Tata motors also plans to launch the world's cheapest car, Tata Nano priced famously at One lakh rupees by October.

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Want a great job, Mumbai is still the best !

Mumbai still rules the job market in India. It has cornered more than 18.50% of all the jobs produced between the period of January and March 2008 according to Job trendz : across cities and sectors survey prepared by the ASSOCHAM,

Here are the rankings of cities topping the job charts.

Rank City   Job % share
1 Mumbai 18.52
2 Gurgaon, NCR 15.41
3 Delhi 11.55
4 Bangalore 10
5 Pune 8.9
6 Chennai 8.8
7 Hyderabad 8.1
8 Lucknow 6.61
9 Kolkata 6.49


Surprisingly, Kolkata even being a Metro ranks even below Tier I & II cities like Pune and Lucknow.

The study was based on the sample of 32,000 vacancies posted by around 3,500 companies in the national and regional dailies, journals and job portals like “timesjobs.com” and “naukri.com” during the three months period of January-March 2008.

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