Monday, August 15, 2011

Indian Institute of Foreign Trade (IIFT) 2011

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Indian Institute of Foreign Trade (IIFT) is a premier institute for management education which was set up in 1963 by Government of India. Though IIFT started as an autonomous body to boost Indian Foreign Trade but is now known more as a business school. IIFT scores high ranking among the top management institutes of India. Therefore every year a large number of management aspirants apply for IIFT.
Last year approximately 63 thousand candidates applied for IIFT for just 180 seats. Therefore getting admission in IIFT is considered to be a very tough job. IIFT boasts of best facilities for management education, highly qualified and experienced faculty, state of the art infrastructure and best placement opportunities. IIFT is located in the Qutub Institutional Area near Jawahar Lal Nehru University, Delhi.
Availability of forms for IIFT 2011:
IFT forms are available at the IIFT counter, Delhi. The candidates can also obtain the form by sending a request to IIFT for the application form. Application for IIFT is also available through online method. The payment for application can either be made through VISA/Master Credit Card or Demand Draft. A demand draft of Rs. 1500, for Candidates that belong to the General Caste, Rs. 750 for candidates that belong to Scheduled Caste and Scheduled Tribe genera and Rs. 3000 for candidates that are NRI or children of NRI, favoring Indian Institute of Foreign Trade payable at Delhi has to be made by the candidates who do not have a credit card. After that they can follow the following link to apply online:
Apply Online:
After filling the details candidates are required to send the print out of the form along with the specified documents and demand draft (for those who choose to pay through Demand Draft) to IIFT. After receiving these IIFT will send the candidates the admission brochure and other enclosures.
There are few important guidelines that the candidates that are eager to buy the prospectus through post. Candidates should strictly mention the registration number at the top of the requisite form and should clearly submit a Demand Draft carrying a clear signature of the candidate at the back flip of the DD.
Important Dates:
Written Test: Last week of November 2011 (10 a.m - 12 noon)
Last Date for Sale of Prospectus by post: Mid week of August 2011
Last date for Sale of Prospectus at the IIFT counter: First week of September 2011
Last Date for Online Application/Receipt of completed Application form: First week of September 2011

Eligibility Criteria for IIFT 2011:
Eligibility criteria for IIFT requires a candidate to be a graduate in any discipline with atleast 3 year’s degree. Candidates in their final year of graduation can also apply. There is no age limit for appearing in IIFT.
Candidates that are mentally fit are only eligible for the admission test, basically the admission test is CAT and therefore all the necessary eligibility criterion of this prestigious exam is actually the eligibility criterion of the Institute apart when it concerns to reservation quota.

Seats within the Institute are reserved as according to the various rules laid down by the Indian Government. The reservation aspect is solely linked to the nature of the candidates taking admission within the Institute under various categories. Furthermore, apart from this type of reservations, seats are also reserved for candidates that are NRI’S or children’s of NRI’s. Though the exact quota is unknown yet, the admission is conducted through General Management Aptitude Test or GMAT.
Patter of Examination:
The entrance examination will be of 2 hours having objective questions from the following sections:
1. English Comprehension
2. Logical Reasoning
3. Quantitative Analysis.
4. General Knowledge & Awareness

The candidates will be shortlisted on the basis of their scores in the entrance examination. The shortlisted candidates will be called at a later stage for Group Discussion, Interview and Essay Writing for final selection.
Contact details:
IIFT Bhawan
B-21, Qutab Institutional Area

New Delhi
Telephone: +91-11-26965124, +91-11-26965051
Fax: +91-1126853956

Google Agrees To Buy Motorola Mobility For $12.5B

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NEW YORK (Dow Jones)--Google Inc. (GOOG) agreed to acquire Motorola Mobility Holdings Inc. (MMI) for about $12.5 billion, a deal that spells the end of independence for a venerable American company and reshapes the booming market for smartphones as computing shifts from the desktop to mobile devices.
The deal gives Google--which has spurred widespread adoption of its Android mobile operating system by licensing it freely to mobile phone makers--its own in-house hardware operation, potentially enabling it to challenge rival Apple Inc. on better terms but also raising questions for partners like Samsung Electronics Co. (005930.SE), HTC Corp. (2498.TW) and LG Electronics Inc. (066570.SE).
It also gives Google ownership of a huge trove of patents that it will be able to use to defend itself amid an increasing fierce war over intellectual property among technology companies.
More fundamentally, however, the deal further hardens the battle lines in the mobile business. Apple already operates what some call a "walled garden" of operating software, mobile applications and devices like the iPhone and iPad. Earlier this year, Microsoft Corp. cut an extensive deal with Nokia Corp. that will see the world's top mobile phone maker adopt its Windows mobile operating system for smartphones.
Now, Google too will be closely aligning hardware and software.
Google executives said on a conference call that the acquisition will help protect the Android operating system from patent threats. The company also offered assurance the deal won't affect its relationships with handset-making partners that use Android.
"With mobility continuing to take center stage, the combination with Motorola Mobility is an extremely important event in Google's evolution," Google Chief Executive Larry Page said.
He added that Motorola Mobility has an "exciting product roadmap" and is poised for "tremendous" growth. In addition, its "strong" patent portfolio--which Motorola Mobility's Jha pegged at 17,000 patents and over 7,500 applications pending--should help protect Android from competitive threats by Microsoft, Apple and other companies.
Motorola Mobility shares soared 57% to $38.41, approaching the offer price of $40 a share, which is a 63% premium to its Friday close. Google shares fell 1% to $557.99.
Google expects to complete the transaction by early 2012, and it's been approved by the boards of both companies. The deal has a reverse breakup fee of $2.5 billion in cash, according to The Wall Street Journal. The hefty amount may indicate some nervousness about the deal's regulatory prospects as Google has raised antitrust concerns with the Department of Justice.
Google Chief Financial Officer Patrick Pichette said the acquisition should "mildly" add to earnings, excluding amortization of intangibles, once the deal closes. He added Google still has "plenty of financial flexibility to pursue substantial future opportunities," which Google Chief Legal Officer David Drummond said could include the purchase of more patents.
"We've been saying for some time that we intend to protect the Android ecosystem," Drummond said. "It's under threat from some companies."
Before the deal, Google was considered to have a thin portfolio of wireless and telecommunications patents. It recently lost the bidding for Nortel Networks Corp.'s (NRTLQ) patent trove to a consortium of tech heavyweights such as Apple Inc. (AAPL) and Microsoft Corp. (MSFT). Meanwhile, Google and Microsoft have engaged in a war of words over their recent maneuvers in intellectual property auctions, underlining the heated tone of the market for such assets.
"The big thing it plugs for Google is: Google's patent portfolio is only a few thousand, and they have been the target of a significant amount of patent litigation," Evercore Partners analyst Alkesh Shah said. "Motorola's patent portfolio provides a very strong defense against all this litigation."
Google will run Motorola Mobility as a separate business that will remain a licensee of Android. It was not clear how the deal will affect Google's relationship with other Android partners, specifically HTC Corp. (2498.TW), LG Electronics Inc. (066570.SE) and Samsung Electronics Co. (005930.SE). In its press release, Google said things wouldn't be different.
"I spoke yetserday to, I think it was the top five Android licensees, and they all showed very enthusiastic support for the deal," said Andy Rubin, Google's senior vice president of mobile at Google.
Increased sales of devices running the free Android software have given Taiwan's HTC and South Korea's Samsung a shot in the arm after losing market share to Apple's iPhone handset. All three manufacturers, including LG, have said this year they will be boosting the output of Android-based devices.
HTC announced support for Google's acquisition, saying it will benefit from the promotion of Android phones and that its partnership will not be affected by the deal. Samsung and LG declined to provide an immediate comment.
The deal also could be seen as mixed news for Research in Motion Ltd. (RIMM, RIM.T) and Nokia Corp. (NOK, NOK1V.HE). While a Google-Motorola combination could be a bigger threat to the struggling smartphone makers, the deal also lifts the valuation on the patents held by RIM and Nokia. Also, the two--which don't make Android phones--are immune to any possible Android pullback by Google.
RIM shares rose 4.6%, while Nokia added 12%.
Gartner analyst Carolina Milanesi said the deal could be more of an issue for Google in the tablet market, where Android has struggled to compete with the Apple iPad. "With Windows 8 coming next year and H-P talking about possibly licensing WebOS, there are more possible alternatives in the tablet space," she said. "In the smartphone space, Android is too strong of a force to do without."
Meanwhile, Google had preliminary acquisition discussions with wireless technology developer and licenser InterDigital Inc. (IDCC) after missing out on Nortel. InterDigital shares plunged 16% to $63.62.
Most of the Motorola's revenue comes from smartphones, and the company has been working to diversify its customer base to defend against the potential loss of Deutsche Telekom AG's (DTE.XE) T-Mobile USA, a key customer.
Activist investor Carl Icahn, who is the company's largest shareholder, had been pushing for Motorola to sell its patents, a move he has argued could raise billions of dollars. Some analysts had said the deal could hobble Motorola, which relies on intellectual property to compete.
Icahn said in a statement Monday, "this is a great outcome for all shareholders of Motorola Mobility, especially in light of today's markets."
Motorola was founded in 1928 and in 1983 unveiled the world's first commercial portable cell phone, according to its website. The company split with its sister Motorola Solutions Inc. (MSI), which is focused on business and networking operations, at the beginning of the year. The separation made Motorola Mobility nimbler and more focused on its core operations, but it faces a highly competitive smartphone market.
Last month, Motorola reported a 28% rise in second-quarter revenue, thanks to strong tablet sales, but the device maker provided weak guidance for the current quarter because of delays in launching speedier 4G devices.

Five of the best free Android apps for travel

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Your smartphone is great for checking emails and surfing the web when you're travelling around, but it can also be useful for helping you flag down cabs, finding out travel news and directions. Here's five free apps for Google Android handsets that will help you when it comes to travelling.


If you're stuck in London and can't find a cab, or don't want to get ripped-off for your journey, then this is the app for you. Kabbee lets Android users enter the journey details and in return will offer a list of licensed cab companies, the time the journey will take and the price. They can then be compared the most appropriate one booked using the app.

Travel News

This is the government's official app that utilises a user's location and Department of Transport data to alert Android users on any delays on roads, trains, tubes, trams and ferries. The information also offers information on the type and length of delay.

Google Maps for Mobile

Google Maps for Mobile comes pre-loaded on Google Android handsets, but if for whatever reason you don't have the app, its available as a free download from the Android market. The app lets you access driving, public transport or walking directions, based on your current location. The app was recently updated to include Public Transport directions in London too and for Android based handsets only, users can receive alerts as to when they need to get off a bus or tube during their journey.


TripAdvisor's Android app ensures the hotels and flights review website is optimised for use on your iOS device. As well as allowing you to browse millions of reviews, opinions and photos of hotel and flights, you can also save these pages to ensure you can quickly access them again.

TripIt Travel Organizer

This free app lets you combine all of your travel documents such as flight confirmations, hotel details and meeting schedules, all in one place on your Android smartphone. Once you've downloaded the app simply forward these emails to a dedicated email address or fetch them from your Gmail inbox automatically to offer easy access on the go.

Android in lead, Symbian lags

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Android, Google's mobile operating software, is on the roll. A report released by Gartner claimed that Android grew phenomenally to take the pole position among smart phone operating software with a market share of 43.4% worldwide in Q2, 2011, an increase of 26% in the last one year.

Symbian, the second largest operating software that powers Nokia phones, saw its share shrink by over 18% to 22%. In terms of total mobile phone sales, Nokia continued to be the leader with a market share of 22.8%.

Theoretical Numerical Analysis: A Functional Analysis Framework, 3 Edition

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