MahaMandi FlashMob'2015 | NITIE, Mumbai

Thank You NITIE! and Mumbai Meri Jaan!

On 11 th June 2015, NITIE’s admission office released 4 th list of cleared students for PGDIM batch 2015-17. Boom!! I got the last seat … sheer luck I guess. That feeling was just splendid when I got a call from my friend who is studying in IIM Lucknow that Bhai! Ho gea tera. Time was 4:20 PM and I was working on my new project. After that call I started calling my closed ones. I can still feel that moment because when you’re a supply chain and operations enthusiast and you get admission to best B-school in that domain then nothing else can explain your happiness. NITIE is best among all B-schools let it be IIM A, B, C or any else when it comes to supply chain and operations. Big question, Why MBA? was answered and that too in style. Oh my God! How would that be to go to classes again, meeting new people, living in Mumbai, doing new assignments, late night chats, parties and lot of college fun. I called my boss personally and told him everything. He was ...

FDI in Indian economy

FDI means foreign direct investment. When investors from foreign countries invest in other countries, it results into this transaction. Like every transaction, we have merits and demerits for FDI in India. Indian economy is at $2 trillion size currently and target is to achieve $10 trillion within 10 years. Can FDI will help in this or not? Talking about India's theory or perception on FDI, different groups have different views. After liberalization in 1991, we have permitted FDI in different sectors in 2000 + years or era. Now we have 49% FDI in defense, 100% in multi brand retail,, 100% in railways and many more, but still we have lot of sectors which are not open to FDI. Reasons are many, let's take on some pros and cons considering Indian economy. Pros: 1. FDI will result into high technology which Indian sectors need very much for innovation. 2. FDI will create jobs, when our 70% of the population is under age of 35. 3. Cheap resources and control on inflation with ...

Human Resource Management & Challenges

Human Resource Management (HRM) is one of the critical areas where a lot of startups and established companies are working continuously to increase an efficiency of the whole cycle of hiring, training, giving performance appraisals, managing work atmosphere & disputes, developing relations and retaining employees. The year 2017 will see a lot of changes in work style of Human resources people. Traditionally, HRM was all about hiring people, but now it is a whole system which plays important role in growth and performance of any business. Recently, companies have started seeing HR as a part of a business and not just a paperwork department. Accordingly, they are facing challenges as well in improving the performance of processes of HRM. One of the major challenges is changing in the definition of work. Employees look for flexibility in working hours, engagement of work could be short as well these days, demand based employment is on the rise and talent management is becom...

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