IIFT interview experience

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Written on 6:11 PM by nitesh

Posting very late here at blog, posted in pagalguy

Profile :
X- 86%
XII- 89%
btech- 72%
wrk-ex - 19 months


GD topic : Increasing connectivity in social empowerment

There were 9 guys in total for the GD 2 were absent

Overall the discussion was healthy no fish market sort of
Initially 2 minutes for my turn -- since 3-4 guys already had explained what is social empowerment discussed education and gud gdp growth has made people ask questions, politicians are slowly becoming accountable
so went from rural india perspective women still not have their say increasing female foeticide , crime against women ,
Role of NGO's named few social workers medha partker and testa stelvad they have become the voice of people who are not socially empowered
blah blah about NREGA

Group Discussed -
From rural perspective
Urban perspective
blogging, media , tv , radio , movies RDB MBBS,
discussed a lot on NREGA and RTI

i chipped in sometimes with PIL , need to education the rural people specially about agri since lot of india is dependent on agriculture , role to be played by agri universities

group said a
lot about infrastructure ..... roads link whole india villages etc
role of radio in rural india , media etc

from global perspective some abt china, pakistan probs in iran etc australians abrogines etc

decent gd

PI
3 persons
one lady L1 and 2 guys

L1- what do u want to do in life
me- short term marketing bak bak
long term want to be generalist specialist
L1 interrupts generalist specialist seems to be a nice term explain it
explained it
L1 - give an example of such type of person
me - gave
L1 - what is a gud brand
me- the thing which when talked about hits ur mind the most
example of apple :)
L1- you have to market ur company how will u do it
me - mine is a small company so said
1. do gud work deliver on time the clients will give testimonials etc
2. CSR will raise the awaireness abt the company in society
3. media paper etc

L1 - okay

G1 - tell me gud and bad points of ur comapny
me - 3-4 gud points and 1 bad point

G2 - what are the clients of ur company
me - told the names

G2 - ur company have to set up an office in US what are the decisions u would take
me - we already have a sales office sir
G2 - what if it is the first one
me - it shld be nearest to the client like present one is at San Jose some bak bak
the talent should be there as , some of the employees should be hired from the place where u are setting up the office ( localy guys )
cheap resources etc

G1 - what is the revenue model of the company
me - bak bak most US and few from India

All smile and said okay u can go

no hobbies no sports no economics all general

it went hardly for 8-10 minutes

PI was mast GD decent
Fingers crossed :)

http://www.pagalguy.com/forum/other-exams-xat-fms-jmet/28329-iift-gd-pi-experiences-2008-a-19.html#post995257



Dollar vs Rupee

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Written on 6:16 PM by nitesh

Currency appreciation is an indicator of booming economy with increasing international business. Rupee has appreciated around 12-14% in the past year. This has brought new challenges and new opportunities as well.
Dollar is depreciating because of huge US govt borrowings, high current account deficits, budget deficits and low savings rate. The inflow of USD has increased in indian economy due to various ways like External commercial borrowings, FII's , FDI and all these have caused the rupee to appreciate against the dollar.

This trend is expected the continue further as more and more money is expected to be pumped in growing countries specially the BRIC ones. Other reason is countries like China may plan to shift their forex reserves from US to basket of currencies, their by dumping dollars in the market further depreciating the dollar.

It is impacting our exports in negative way and imports in positive way. Out rising import bill is curtailed, we are able to bear the challenges of rising oil prices in international market because of the appreciation of rupee and hence keep inflation under control.We can increase our spending on infrastructure and setting up industries as procurement of engineering goods from outside India will be cheaper. Companies like Ranbaxy and L&T have been able to generate forex gains in the last quarter because they have substantial exposure to ECBs.Tata's corus funding has become cheaper :) .
Good time for Indian consumers interested in buying imported goods as electronics items ,cars etc are all cheaper now. Holidays to Europe and US are cheaper now.
Indian companies are expanding a lot abroad as acquiring companies has become cheaper enabling the companies the pursue the dreams of becoming Indians multinationals.
This is a good time to pay our external debt :)

Indian exporters are facing lot of problems, gems jewelery and textile exports have become cheaper now and margins are getting squeezed. Specially in the textiles sector lot of workers have been laid off. It is right time for these companies to move up the ladder by manufacturing luxurious items that is high value goods which will bring in more returns and help them survive the new challenges. Medium and small scale sector companies in the above sectors are facing problems.

Indian service sector, which rose when the rupee depreciated in the early 90's from 25 to 45 is now facing the challenges of appreciating. Though revenues are increasing but profits are getting squeezed and growth of the overall sector is expected to be slowing down to some extent but not in a big way.
It companies are decreasing their exposure to the US market by focusing on Europe and Australia also, Satyam US revenues have come down to approx 50% level, so are other companies trying. Companies are trying to move up the value chain through consulting and making products also and decreasing the bench strength and providing more trainings etc. IT companies are acquiring companies abroad and at places which are nearer to the clients at cheaper markets.

With the US economy expected to go in recession it may bring in more outsourcing work for the service sector as it will lessen the cost of companies in US.

RBI have to make such policies which bring in lot of money in India now as all are fearing to put their money in US markets. Let the money be invested in infrastructure, mining , and other sectors.
Mindset should be changed in tackling with this problem and opportunity, search for new markets and build industrial base should be the mantra.
Need is to bring better infrastructure like roads, ports and airports which will to some extent lessen the logistics cost of indian exporters and it will also promote the exports.

Future is bright for India , japan came out of it in the 60's when one dollar was 360 yen and it appreciated to around 100 yen , we will also be able to tackle the problems.

Time to develop indian brands .... soft power

Toastmasters- Tall Tale Contest : Prabhu Ji

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Written on 8:44 PM by nitesh

Gave a tall tale on mithun-da, he is a tall tale in itself, thanks to great bong from where i took most of the points and other mithun sites and pics also from net

Was disqualified as took 15-30 seconds more :( but it was fun
now 7 projects done 3 left :)

Used slides also


Here it goes

A buxom lady is going to have the shoulder of her blouse torn by a bunch of marauding ruffians. Suddenly, a bottle rolls on the ground and a Man enters the screen. The hooligans ask “Who are you?” In a voice that would make the blood of tigers run cold (old jungle proverb), He says:

I look like a drunken and i run like a horse i hit like a hammer"

The man. The legend. Mithun Chakraborty. Some call him Mithun-da
Mithun-da is one of my idols. I will go even further and say He is my God. I believe in Him. I call him prabhuji

And like any fanatic love , I am here to spread the religion mithunism here and hope to salvage many mithunless souls but first

I have to confess. My faith in Him had faltered. Once

On the very first day of shooting for Mithun-da’s new movie “Chingari” directed by Kalpana Lajmi, the traditional rape sequence was being picturized between Mithun-da and Sushmita Sen. However Sushmita, who is somewhat of a nag and a pathetic pseudo, left the sets fuming about how Mithun touched her inappropriately during the scene.

Despite the irony of inappropriate fondling during a rape scene, I was distraught. How could Prabhu do this to a girl his daughter’s age? I cried myself to sleep and in my dreams, Mithun-da came to me, whispering words of wisdom.

He said nothing. In my dream, He was standing on a desolate beach with dolorous weather-beaten eyes. He bent down, picked up a fistful of sand, and let it fall through His fingers. I immediately understood what He meant—-the ephemeral nature of the human body, ashes to ashes –dust to dust—-what is one touch here or there ? It’s all Maya.

How true. I was born again

Mithun-da is versatile. No living actor has essayed as many diverse roles from tribal, gunda , taxi driver to james bond.

A word about Mithun-da’s Bond avatar. It’s one of this century’s biggest tragedies that so few people know about our Desi Bond– G-9 . While he may not have worn exquisitely tailored suits or sipped Dom Perignon below 38F, Mithun-da is the only Bond to have group danced with a gaggle of ladies in skin tights.

Talking of villains, in almost all movies Prabhuji has tackled the scariest villains ever seen on screen. In other words, the scum of the earth as represented by the lusty Bulla, the dark Kala Shetty, the hapless Lucky Chikna, the sly Ibu Hatela, the politically well-connected Lamboo Ata and the fearless Ballu Bakra. Each of these accursed souls have been dispatched to their maker by Prabhuji with style

Not only is Mithun-da India’s greatest actor and superhero, He is a very keen businessman. And a visionary to boot. If Henry Ford revolutionized the automotive industry in the early 20th century with the use of the “assembly line”,

Mithun-da has done something similar with movies. Sick and tired of Mumbai’s loss-making film industry, He started an alternative center for high-quality yet money-making movies in beautiful Ootie. Movies are efficiently produced within two weeks—from conception to the finished product.

The baseline plot is –Mithun-da is an honest man, His father gets killed, His sister gets raped and then He takes revenge. As simple as that, and when base is ready one can make any kinds of softwares on that.

Like many geniuses, Prabhu-ji’s greatness has not been appreciated. While duds like Shahrukh keep on getting one Filmfare after another for crappy lovefests, Mithun-da has to be content with measly “Best villain” awards. BS I tell you ! And His greatest movie, “Gunda” surely deserved the Oscars much more than that monstrosity “Titanic”............. there are 2 kinds of people in this world those who have watched gunda and those who shall watch it :)

Just like Spielberg plagiarized Satyajit Ray’s script to make ET, countless number of Hollywood hotshots have shamelessly copied from the holy texts without so much as a hat tip.

Mithun-da’s movie “Boxer” was an inspirational story of how a no-hoper becomes a champion boxer—with his coach being a monkey whom Mithun-da feeds bananas. Stallone lifted the concept for “Rocky”

And then in another movie, he suspends himself mid air and kicks the enemy in super slow mo—–yes the precursor of “Matrix” which incidentally should have been called “Mithun Tricks”, salute to a man who has counted to infinity twice yes rajni as supporting actor .

In a similar situation, I once remember Mithun-da running when a villain fires a bullet. What follows is a breathless chase—bullet flying, Mithun-da running, bullet flying, Mithun running. Then when the bullet is gaining on Him, Mithun-da suddenly steps aside and the bullet passes Him by a whisker. Only then does He realize the bullet is going to hit His widowed mother. Now it is Mithun running, bullet flying, Mithun running, bullet flying. And at the last moment, He grabs the bullet and saves His mother. maaaaaaaaaa

Simply divine.

He inspired India’s 21st century economic prosperity with the inspirational line “if you want to eat halva than u will have to dance —-but I shall leave that for now.

Because it is now time for prayers.

Long live mithun da

Thanks again to greatbong and lots of mithun fans














Toastmasters Project-6 : Your Clear Picture

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Written on 9:44 AM by nitesh

gave speech after a long gap of around 2 months , after giving it i can say that my voice has opened up :)



Close your eyes and dream or see your self 5 years down the line
Do you see any picture of you 5 years later doing what you want now?
Or
You don’t see any picture at all
.
.
.
.

For things to change, you must get a picture of what you want them to change to. Yes, it’s as simple as it sounds and as easy as it seems…

You must know exactly what you want and the more specific and clear you can get, the better.
In other words, we move towards the pictures we constantly hold in our minds

Let me give you an example… Suppose you went to the store and bought a 1,000-piece jigsaw puzzle but it didn’t have a picture on the box of what the end result should look like.


Would you solve it easily or will it take time?

Of course

You may eventually figure it out; however, the person who has a clear picture of what the end result should look like will be more than 100 times ahead of you.


The question is are they 100 times ahead of you because their IQ is 100 times greater? Is it because they are 100 times better looking than you?

If none of this is true then what it?

The reason is the person who had the clear and specific picture of what the outcome he/she wants will automatically know the steps to take or the necessary steps will soon become noticeable.

Your brain, operating similar to a magnet, will start to attract in that direction, the conditions, people, and circumstances that will help you move closer to the mental picture you maintain in your mind and it will repel all of those things that do not correlate to the picture you have in your mind.

You must understand that your strength comes from knowing what you want. This will ignite the fire inside your belly and enable you to borrow from the promise of the future so you can engage in the activities today that will move you closer and closer to what you want.
It will enable you to go through the trials and tribulations that may be necessary so you can arrive at your destination

But ….. do remember that while reaching for your destination there will be lot of struggles and failures , here the power of belief comes into play


Think thoughts of defeat or failure and you are bound to be discouraged. Belief is an incredibly powerful state of mind. Your belief system not only defines and shapes who you are, but it also determines your potential

Your belief system, like your computer, doesn't judge what you input; it simply accepts it as the truth

If you want to know where your predominant thoughts lie and what you believe, look at what you are experiencing in your life. Your thoughts are creative by nature and express themselves through your emotions, which in turn, drive your actions. Everything you say, both positive and negative, is literally an affirmation.

"Watch your thoughts, for they become words.
Choose your words, for they become actions.
Understand your actions, for they become habits.
Study your habits, for they will become your character.
Develop your character, for it becomes your destiny."


Let me give you an example

Example of Lance Armstrong –

At age 25, Lance Armstrong was one of the world's best cyclists. Lance Armstrong seemed invincible and his future was bright.

Then they told him he had cancer.
The diagnosis was testicular cancer, the most common cancer in men aged 15-35. If detected early, its cure rate is a promising 90 percent. Like most young, healthy men, Lance ignored the warning signs, and he never imagined the seriousness of his condition. Going untreated, the cancer had spread to Lance's abdomen, lungs and brain. His chances dimmed.
Then a combination of physical conditioning, a strong support system and competitive spirit took over. He declared himself not a cancer victim but a cancer survivor. He took an active role in educating himself about his disease and the treatment. Armed with knowledge and confidence in medicine, he underwent aggressive treatment and beat the disease.

Lance Armstrong's victories in the 1999-2005 Tours de France are awe-inspiring and proof of what self belief can do to a person.


So remember the journey will be more important than the destination because in the journey you will become the person you require to become to finally arrive at your destination. So when you reach your destination, look at the person you have become and set a new destination so you can continue to grow and develop

Whatever you do, just always remember that for things to change, you must get a picture of what you want them to change to.

“When you know what you want,and you want it badly enough, you’ll find a way to get it “


Taken from various sources and self written also

Billi Life

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Written on 2:15 PM by nitesh

The greeks didn't write obituaries they only asked after man died "Did he have passion" ?. I found this very interesting quote as jaine's gtalk message.

Yes it is in me but,

For the past 3 months my life has become little boring fun has gone away, billi prep has taken its toll, most of time is gone in it, I am giving my best efforts but still sunday mocks are taking me down, 3 weeks back i was highly depressed but some how I pulled my self up and decided that i will not care about the result give me full effort try to remove the mistakes which i do and rest is upto bhagwan to take care of me.

I have become god fearing in the past 6 months, probably as the old saying goes u remember the god when u need something or there is a problem, I am also the same type of human being.

I am not enjoying my office life, the place has now changed a lot since my manager left, team environment is not the same. The zeal with which we worked is gone now I am working because i have to, no other reason.
Infact this is happening in thw whole company friend circle. Air is moving in the wrong direction. This environment is very dangerous because i don't/can't live anymore in this sector, this has further build up the pressure on me for the coming billi season, I have to clear but this is not only about 'I have to clear' but its about 'I want it dearly'.

Toastmasters has become somewhat irregular i wanted to give speech but couldn't because i don't have time or may be tension. A prepared speech is lying with me, will try to give it after the D day and i m sure it will be my best, first time i will try to motivate

My mind has not relaxed for the past 3 months because in a certain corner of the mind there is always billi going.
Past 2-3 days are going good, i am feeling somewhat confident that i will perform good, to hell with the sunday mock scores.

This quote has inspired me.
"It ain't about how hard you hit, it's about how hard you can get hit and keep movin' forward…how much you can take and keep movin' forward. If you know what your worth go out and get what your worth, but you gotta' be willin' to take the hit."
-- Rocky Balboa (Sylvester Stallone in Rocky)

From playing football in the evening has now shifted to playing volley because of football got punctured and now even the volleyball is nearing its last days. Playing time is always fun. Played TT in the past 2-3 days and I am able to beat taru bond now and together we rape the rest in doubles :) .

Read a few books in the past month mostly marketing ones 22 immutable laws of marketing, origin of brands and pele autobiography awesome book, nothing in the past 15 days. I will go for marketing stream hopefully, i enjoy it. Tehelka(it rocks) and BW are always a good time pass. Read the gujarat riots whole issue yesterday, it shivered me.

I play EA cricket only now on my laptop, yearning to play cricket for a long time but no company. Dravid has been kicked sachin will be next in a year or so because we indians don't respect our stars, we have short memories. Desi wrote an awesome post as usual.

But still there is only one thing always going on in my life billi sleep, drink , eat everything it is.

God help me come out successfully through this important phase of my life. I want to enjoy my life, lot of things in the pipeline to learn pool, horse riding , blogging regularly, movies , toastmasters 10 project complete, photography (hopefully by mid dec will have a awesome camera) , goa again, vaishno devi, the list is endless.