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IIMA News - 22.8.2016

The Y Combinator touch: How this Silicon Valley incubator is helping Indian entrepreneurs 

TLabs invests up to Rs 30 lakh for an 8% equity. The government too is entering the fray. For example, Indian Angel Network Incubator was set up in partnership with the ministry of science and technology. It incubates startups for 18-24 months. Academic institutions like the IITs and IIMs have also set up their own startup programmes. IIT-Delhi has a programme called Technology Business Incubator. IIM-Ahmedabad runs one of the most successful programmes called Centre for Innovation, Incubation and Entrepreneurship. It recently launched a $25 million clean-tech fund to focus on startups looking at green energy.
The Economic Times
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Industry experts debate future of automotive design at Chennai seminar.

Evoking Steve Jobs’ profound statement that customers don’t know what they need and it’s the designer’s duty to think of them, Dr Abraham Koshy, professor, IIM-Ahmedabad, said, “Designers need to immerse the context of a customer’s life to understand the problem and see how customers are likely or unlikely to pick up the product. This is the route through which designers can innovatively think for better solutions.”
Autocarpro.in
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IIMA News - 21.8.2016

Exceptional case of Tata vs docomo

The dispute between Tata and the Japanese telecommunications giant Docomo is one of the most unexpected disputes continuing since long. I think there are two important reasons why the dispute should not have arisen in the very first place and even if it had, it could have been easily nipped in the bud.
DNA 
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Why is hunger for innovation low in India?

While reflecting on innovation ecosystem for national transformation a few days ago at an apex industrial association forum, I had to ask the industry representatives, why were they complacent in seeking ideas from outside?
DNA 
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IIMA News - 20.8.2016

Jumping the line

V. Raghunathan, whose forthcoming book is a story set at IIM, Ahmedabad, says, “My mantra for writing is ‘just write’. At least two hours a day. There is no substitute for regularity.”
The Asianage 
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IIMA News - 19.8.2016

The cost of political interference

On September 15, 2008, Lehman Brothers, one of the big five investment banks in the U.S. at the time, filed for bankruptcy. The failure caused widespread panic and chaos in the financial markets. Many believe that it worsened the financial crisis and the Great Recession that followed.
The Hindu
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The success story of Intex

The story of Narendra Bansal’s Intex, the second largest Indian handset-maker, has its beginnings in a college kid’s knack for sourcing and selling cheaper electronics accessories. He is taking one small step at a time. In July, he shared his entrepreneurial story with the students of IIM-Ahmedabad. He would love to have the story of Intex become a case study at the premier management institute.
The Hindu BusinessLine
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IIMA News - 18.6.2016

Centre agrees to most of IIMs’ demands on autonomy

The Union human resources development (HRD) ministry has agreed to most of the demands on autonomy made by the Indian Institutes of Management (IIMs) in the proposed IIM Bill following interest shown by the Prime Minister’s Office, at least three government officials said.
Live Mint
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IIMA News - 14.8.2016

An Artist’s Atelier

It is a different feeling altogether to see the man who charmed all with films like Gol Maal, Baaton Baaton Mein and Chitchor, paint! The veteran actor and filmmaker was busy brushing strokes when Mirror entered the serene old IIMA campus. By his side, painting characteristic blue monkeys on a revolving canvas-sculpture, veteran artist Amit Ambalal added to the artistic fervour. Dressed casually, giving us a glimpse of the simpleton he played in 1979 hit Gol Maal, the 71-year-old was engrossed in creating his colourful abstract work.
Ahmedabad Mirror
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Case of Google and fair competition

Last week, Russia imposed a fine of about $7 million on Google for misusing its dominant position in the Russian market. This is a tiny dot for Google’s annual revenue, however, a fine is funny and always has a negative connotation. The important thing is that it is not for the first time that a fine has been imposed by any competition law authority in any country on Google. This has been observed quite frequently in a number of countries across the globe. The company in most of the countries has denied any wrongdoing.
DNA 
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Disrupting Dalit destinies through inclusive innovation

The history of injustice towards Dalit community has not always subdued its spirit. There are many instances when some of them have come out of low self-image, self-deprecating belief systems and decided to break out of culture of subjugation and learned helplessness.
DNA 
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IIMA News - 12.8.2016

HRD ministry may allow IIMs a bigger say in selection of board chairman

The human resource development (HRD) ministry is set to allow Indian Institutes of Management (IIMs) a bigger say in the selection of their governing board chairman, climbing down from its earlier stand where the ministry wanted to have a greater say, said two HRD ministry officials.
Live Mint
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