Recommendation 1 from ‘The Economic Times’
Article Name:‘How Dinesh Agarwal created the world’s second-largest B2B marketplace Indiamart’
By: ‘Vinod Mahanta & Moinak Mitra’
The article has given an in-depth detail about Dinesh Aggarwal’s venture Indiamart, which is an online meeting place for exporters and importers. He began his online ventures with InterMesh and then Indiamart. It began with the enlistment of 70,000 businesses and generated business worth Rs 400 crore. Now things have changed and it is generating the business of Rs 10,000 crore plus.
Summary:
The article presents a well wriiten story of how Indiamart came into being and how big has it acheived till now. Everything has been written for the reader to understand the challenges that come while creating and taking to new heights a business like Indiamart. Must read!
Learn Words from the article:
Revenue: Income
Enquiry: Question
Recommendation 2 from ‘The Economic Times’
Article Name:‘Management Mythos; Should employees focus on Kailas (boss) or Kashi (customer)’
By: ‘Devdutt Pattnaik’
The writer liks the Kailash (abode of lord shiva in Himalayas) and kasha (abode of lord shiva in the real world) to the kailash (boss) kashi (customers) of the business world. He states that it is difficult for anyone to decide whether to focus on the boss from where the promotions come or the customers from where the real value is created. He cites an example where a man got appraisal due to his relationship with boss, where as the other person who had worked hard to please the Kashi did not. So, he states that this is the irony of the corporate world where Kailash and kasha should be one, which means appraisal should be determined by the Kashi.
Summary:
Well, after taking this lesson from the mythology, everyone must be wondering, yes this does really happen and everyone of us must be knowing that whether he or she focuses on Kailash or Kashi. However, after reading this article, we should all ensure that Kailash and Kashi should become one, as that is the ideal way to work. Creating value and respecting your boss is the criteria with which an appraisal should be decided.
Learn Words from the article:
Correlation: Association
Satisfaction: Contentment
Recommendation 3 from ‘The Guardian’
Article Name:‘Ageing Australia turns its back on the answer to its problems’
By: ‘Saman Shad’
Article states that Australian government needs to balance the public desire of tightening immigration laws and maintain steady population in Australia. It states that since baby bonus scheme, TFR (Total Fertility Rate) has increased, but it still remains below the replacement levels of 2.1 births per woman. So, instead the immigrants should be embraced with compassion, so that they can contribute in the future workforce. In this way the ageing population will be supported.
Summary:
Sound of baby bonus will sound criminal in country like India, but looking at Australia’s condition, may be even this is not enough. Immigrants need to be made part of the ageing workforce otherwise there are chances that economy of the country, which is worked by the most workforce will suffer in the long run.
Learn Words from the article:
Integrated: Included
Asylum: Refuge
