greetings from management association gfgc punjalakatte

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Greetings from Management Association GFGC Punjalakatte We, the BBA students of GFGC Punjalakatte have made a effort of bringing the publi- cation of our fortnightly management newsletter BUSINESS WORLD during the Aca- demic Year 2019-20. Dear Readers, this is a small step taken by our fellow classmates with the only aim to revive the Management Association of our college in a creative way and also to en- hance our knowledge relating to the day to day affairs of business world. Changes are fast happening and there is severe competition, not just in the world of business but also in the field of employment as well. Therefore, we need to update ourselves with the re- cent events taking place in and around our nation. BUSINESS WORLD is the result of the combined efforts put by the BBA students. We must appreciate and congratulate everyone for their immense dedication and support in bringing out this newsletter. Since it is our very first issue, We request the readers to kindly excuse us for mistakes, if any. This edition is going to focus on the success story of corporate personality, contemporary management concept, jargon, quizzes etc. The readers are requested to take part in the various contests. I hope that this initiative is go- ing to reap benefits to all in one or the other way. We seek for your valuable feedback and effective suggestions at [email protected] Thanks & Regards, Editorial Team V.G. Siddhartha Hegde (1959 2019) was an Indian businessman from Karnataka. He was the founder of the cafe chain Café Coffee Day and served as its chairman and managing director. He also served on the board of directors of Mindtree, GTV, Liqwid Krystal, Way2wealth Brokers, Coffee Day Natural Resources, and Way2wealth Securities. Siddhartha was born in the Malenadu region of Chikkamagaluru district in Karnataka State. He received a mas- ter's degree in economics from St. Aloysius College and Mangalore

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Page 1: Greetings from Management Association GFGC Punjalakatte

Greetings from Management Association GFGC Punjalakatte

We, the BBA students of GFGC Punjalakatte have made a effort of bringing the publi-

cation of our fortnightly management newsletter BUSINESS WORLD during the Aca-

demic Year 2019-20.

Dear Readers, this is a small step taken by our fellow classmates with the only aim to

revive the Management Association of our college in a creative way and also to en-

hance our knowledge relating to the day to day affairs of business world. Changes are

fast happening and there is severe competition, not just in the world of business but also

in the field of employment as well. Therefore, we need to update ourselves with the re-

cent events taking place in and around our nation.

BUSINESS WORLD is the result of the combined efforts put by the BBA students. We

must appreciate and congratulate everyone for their immense dedication and support in

bringing out this newsletter. Since it is our very first issue, We request the readers to

kindly excuse us for mistakes, if any. This edition is going to focus on the success story

of corporate personality, contemporary management concept, jargon, quizzes etc. The

readers are requested to take part in the various contests. I hope that this initiative is go-

ing to reap benefits to all in one or the other way.

We seek for your valuable feedback and effective suggestions at [email protected]

Thanks & Regards,

Editorial Team

V.G. Siddhartha Hegde (1959 – 2019) was an Indian businessman

from Karnataka. He was the founder of the cafe chain Café Coffee

Day and served as its chairman and managing director. He also

served on the board of directors of Mindtree, GTV, Liqwid Krystal,

Way2wealth Brokers, Coffee Day Natural Resources, and

Way2wealth Securities.

Siddhartha was born in the Malenadu region

of Chikkamagaluru district in Karnataka State. He received a mas-

ter's degree in economics from St. Aloysius College and Mangalore

Page 2: Greetings from Management Association GFGC Punjalakatte

At the age of 24, he joined J M Financial Limited in 1983–1984 in Mumbai as a management trainee/

intern in portfolio management and securities trading on the Indian stock market. After two years, he

returned to Bangalore. With capital given by his father, Siddhartha bought stocks worth Rs. 30,000 and

started the company Sivan Securities. In 1999, it was renamed Way2wealth Securities Ltd. Its venture

capital division came to be known as Global Technology Ventures (GTV).

He established his coffee trading company ABC in Karnataka 1993, with a Rs 60 million turnover. He

bought an ailing coffee curing unit in Hassan for Rs 40 million and improved it. The company now has

the largest curing capacity in India at 75,000 tonnes.

He was the first entrepreneur in Karnataka to set up a cafe in 1996 (Café Coffee Day, a chain of "youth

hangout" coffee parlors). By 2018, the chain had over 1700 cafés in India. His cafes attract 40,000 to

50,000 visitors a week. Siddhartha also held board seats in GTV, Mindtree, Liqwid Krystal,

Way2Wealth, and Ittiam. In 2000, he founded Global Technology Ventures Ltd, a company that identi-

fies, invests in, and mentors Indian companies engaged in technologies. GTV set up Global Village Tech

Park on a 59-acre (240,000 m2) plot as an incubator park in Bangalore, providing office space, commu-

nication links, recreational facilities, and a commercial centre.

Awards

“Entrepreneur of the Year" for 2002–03 by The Economic Times

"NextGen Entrepreneur" by Forbes India in 2011

By: Deekshitha C, Final BBA

Angel Investor Angel investors invest in small startups or entrepreneurs. Often, angel investors are among an

entrepreneur's family and friends. The capital angel investors provide may be a one-time invest-

ment to help the business propel or an ongoing injection of money to support and carry the com-

pany through its difficult early stages.

Angel investors provide more favorable terms compared to other lenders, since they usually

invest in the entrepreneur starting the business rather than the viability of the business. Angel

investors are focused on helping startups take their first steps, rather than the possible profit

they may get from the business. Essentially, angel investors are the opposite of venture capital-

ists.

Angel investors are also called informal investors, angel funders, private investors, seed inves-

tors or business angels. These are affluent individuals who inject capital for startups in ex-

change for ownership equity or convertible debt. Some angel investors invest through crowd

funding platforms online or build angel investor networks to pool in capital.

By: Santhosha, Final BBA

Page 3: Greetings from Management Association GFGC Punjalakatte

Trend Plot Digital Gaming in India Is Growing Up into A Billion-Dollar Market

The Indian digital gaming industry is growing rapidly, with behemoths like Alibaba backed

-Paytm, Tencent, Youzu and Nazara investing in it. One of the top five countries for mobile

gaming in the world, the industry is already worth over $890 million. And with the demand

for games on an upward curve, the country now has more than 250 game development

companies, up from a mere 25 in 2010, with at least two startups coming up every month.

Estimates suggest that India’s mobile games market will be worth $1.1 billion by 2020,

and number of users projected to become 628 million by then.

Evidently, the increase in mobile gaming has run in parallel to the rise in smartphone

adoption in India, which is set to have 530 million smartphone users this year. Many game

developers such as Moon Frog, 99Games, PlaySimple and Mech Mocha are capitalizing on

the growth in smartphone usage to build their businesses. “Rising smartphone users created

a stable marketplace for mobile gaming sector, as users are constantly on the lookout for

new forms of entertainment,” says Felix Manojh, founder of Flixy Games, a mobile game

publisher that has partnered with Japanese game developers Axelmark and Tayutau.

“Indian esports market is picking up steam, with an estimated four million enthusiasts,”

says Manish Agarwal, CEO of Nazara. “We want to develop the ecosystem to enable com-

petitive online and offline gaming, create local leagues and boost e-sports as spectator

sports in India.” With Electronic Sports League (ESL) as one of Nazara’s investors, the ap-

proach, Agarwal says, is to include localized content creation around global events such as

ESL One, ESL Pro League, Intel Extreme Masters and The International, and bring in

sponsors. “This will give a massive boost to the creation of best esports players in India.”

This means that games developers don’t need to have particularly powerful hardware —

they will be able to create assets for games, ranging from story, to animations, and even

models quickly, and affordably. And, it’s all adding up to a fast-growing business..

By: Ramya P., Final BBA

BIZ-QUEST

1. Name the company which has launched its first artificial intelligence chip ‘Spring Hill’.

A. Qualcomm B. IBM C. Intel Corp D. HP

2. What is the name of the parent company of Paytm?

A. Pay Pal B. One97 Communication C. Soft Bank D. Digipay

3. Which social network has partnered with the NITI Aayog to promote women entrepreneurs?

A. Tiktok B. Instagram C. WhatsApp D. Truecaller

4. Who ties up with JCB for global RuPay card?

A. HDFC B. Central Bank of India C. SBI D. NPCI

5. Which is the world’s largest private equity firm?

A. Black Stone B. Green Stone C. Blue Stone D. Red Stone

By: Prekshith B P, Final BBA

Page 4: Greetings from Management Association GFGC Punjalakatte

Disclaimer:

The views expressed in the newsletter are the individual views of students based on their

skills and knowledge & not that of the institute or the forum. Any person relying on any

information/opinion/advice published in this newsletter & acting upon will do so at the risk

and neither the institute nor the students forum will be held responsible for the same.

Blind Fold Test held on 13 July 2019 Induction programme for the BBA New

Entrants on 19th July 201 9

Union Budget-2019 Analysis on 26th July 2019 “Kesarodu onji dina” on 7th August 2019

Paddy Plantation in association with NSS Unit on 9th August 2019 One day Life Skill Training on 24th August 2019