The government announced drastic changes in India's FDI policy, opening up the airline business to 100 percent ownership."India is now the most open economy in the world for foreign direct investment," Hon. Prime Minister Narendra Modi said. He further added, "Now most of the sectors would be under automatic approval route”. Barring the sectors on this list, FDI up to 49 per cent will be allowed automatically, marking an important shift in the way the policy is administered. The government had put acquisitions in the pharma space on the approval route following large-value purchases of Indian companies by overseas ones, triggering fears that essential drugs could become too expensive. Prof. Amit Medhekar
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Microsoft Corp agreed to buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, combining the software giant's fast-growing cloud services business with the world's largest online network for professionals. List is huge deals are as follows: Dell to buy EMC for $67 billion; Avago Technologies Ltd. buys Broadcom Corp. for $37 billion in 2016; Facebook buys WhatsApp for about $21.8 billion in 2014; Hewlett-Packard Co. buys Compaq for about $19 billion in 2002; Symantec Corp. buys Veritas for about $13.5 billion in 2005; Hewlett-Packard Co. buys Electronic Data Systems for about $13 billion in 2008; Google Inc. buys Motorola Mobility Holdings Inc. for $12.4 billion in 2012; Oracle Corp. buys PeopleSoft for $11.1 billion in 2005; Hewlett-Packard buys Autonomy for about $10 billion in 2011; Microsoft Corp. buys Skype for about $8.5 billion in 2011; Oracle Corp. buys Sun Microsystems for $7.4 billion in 2010 Prof. Amit Medhekar
Certain responsible corporate employers have offered paid leave for social service to their keen employees. It is perceived that utmost of the generally does not cross the threshold of their AC cabins. Yet Employee volunteering is done for school-community liaison, support to NGOs is done under service program are initiated by employees. Applaud this able initiative!!! by the mentioned companies. “If you can do something you can do much”. What one does it would be bounced back with greater magnitude? Prof. Amit Medhekar
Librairie des puf, publisher university press of France has a novel business model of espresso book machine. The book published in front of eyes of the buyer is hardly printed in five minutes. Hence there is no storage problem and no wholesaler coordination. Tablets are used to select books. That allows the library to become digital one. About 3 million American titles based on demand and 5000 titles of Les puf are available. Prof. Amit Medhekar
Young managers contribute better than old ones according to the survey. Knowing and exploiting the many strengths of this younger group generates a big prospect with higher performance and excellence. While younger leaders have challenges that will require focused efforts and leadership development to overcome, they bring tremendous benefits to the organization. Six characteristics of young managers are studied are as follows: 1.Welcome change, 2.Inspiring behavior. 3. Receptive to Feedback. 4. Continuous Improvement. 5. Results Focused. 6. Elevate Goals. Prof. Amit Medhekar
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