Provident Fund law

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


The subtle and calm Bengaluru was disturbed by the garment factory workers, to protest against the PF law. The protest started at one factory where a copy of newspaper article regarding the law was published. The information snowballed the factory workers protesting leading to more than one lakh people joining the protests, which even the trade unions did not expect.

The new law says that the workers cannot withdraw contribution from PF till 58 years. These factory workers earn very little and the employee PF is the only form of the backup security for these people. If the government ceases this right then these workers would not have anything to spend in case of emergency. Adding to this fact is the availability of quality healthcare and education is very limited for this class of people. Since the unionization is prohibited and the revision in labor laws in the state, there little importance given to the employee by the owners.

This law though created to benefit the employee in long term, is creating more discontent to the citizens it was intended to. This incident also shows that there is high level of discontent among this income class with respect to the laws which affect them. The government has to take all these issues into consideration and then enact the law. For future laws it is important for government to consider the sensitive issues and problems faced by workers before any  law change .

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What happens on Watsapp stays in Watsapp?

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


The recent Apple vs. FBI case was an example of the company having to deal with dilemmas like choosing between security and privacy. The case has helped organisation have different strategic alternatives to avoid this dilemma.

Watsapp now displays messages saying “Messages you send to this chat and calls are secured with end-to-end encryption.” This means that no one including the government authorities or the company personnel are able to get the data in these chats. This is a major leap towards protecting the privacy of the people. But there might be hindrances between different governments with respect to these cases.

Even though on outer side it looks like company is protecting the privacy of people, the implication is a little different. This is implement to avoid the situation of the ethical dilemma. If the data is available with the company then it can be accessed by any organisation with warrants from the court. SO effectively the company is avoid this ethical dilemma of choosing between two difficult options. This law in fact makes the job of the government officials harder than ever.

 

 

Royal Enfield – Made like a Gun

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


Royal Enfield, a bike manufacturing company was formerly known as Enfield cycle Company was produced its first bike in 1901 . Originated from England the Enfield was known for making artillery for the army. Probably the reason why the motto of the company is “Made like a Gun”. The company has met a lot of ups and downs from early 20th century till 1970 when it was closed and dissolved.

Royal Enfield has its presence in India since 1949. When Indian government as looking for vehicles for police patrolling, they found this motor cycle the suitable one. After original company was dissolved in 1949, the Madras motors bought the company and continued production under the name Bullet.

Royal Enfield Bullet model was started in mid of the 1960’s and continued production till the end of the 20th century. It is recorded as the longest selling motorcycle in the world. The word bullet was so associated with the Indian mindset that the company was named Bullet after the Madras motor takeover. It changed its name to Royal Enfield in 1999.

With its rustic looks, it was the dream motorcycle of the Indian men. So much so that some people joined army/police to own a Bullet (as the bikes were not soled to common people). From 1990’s Bullet was available for the general public and it is still a craze among people. The company majority stakeholder Eicher motors share price has been skyrocketing since the 20th century. The major part played in this is believed to be Royal Enfield. The waiting period for many models are still vary from 2 months to whopping 8 months.

Being one of the experienced persons of waiting I would say its worth the wait, and yeah! it is “Made like a Gun”.

 

 

Honda’s new child NAVI

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


 

The new generation scooters have changed the Indian two wheeler market. The burgeoning middle class in the urban areas been the major drivers of sales in the scooter market. With increase in no of vehicles and growing traffic in urban areas, it is very difficult to manoeuvre geared motorcycles. Comparatively scooters are easier to drive and also have good fuel efficiency.

Honda has been in Indian market from a very long time. Many of the scooters Honda released were able to meet the customer requirements, leading to huge success. Honda entered Indian scooter market in 1984  with ‘Kinetic Honda’ a Joint venture with Kinetic motors. This was the first scooter at the time with automatic gear transmission in India. This model was able to capture a major share in the scooter market.

In 2000 Honda released two 100cc scooter models Honda activa and Honda Dio.  These two models were instantly a huge success and Honda gained more than 2/3rd of the scooter market share. Subsequently Honda also released revised versions of Honda Activa with improved features and performance.

The demand for scooters like Activa has encouraged the other automotive companies to target this segment. This has led to a considerable increase in the no of scooter models each year. Though Honda still has a leading market share in this market, it would be very difficult to maintain the same because of the increased competition.

Honda, with its new model NAVI is trying to disrupt the Indian scooter market. This is a scooter-motorcycle hybrid mainly aimed at capturing the youth market. It is a 100cc motorcycle with automatic transmission, has funky looks and is available in 4 different models. Moreover at an ex-showroom price of Rs. 39,500, this is aimed at giving tough competition for the entry level scooters and motorcycles. The price and the features makes NAVI an attractive choice for the youngsters, we have to wait and watch whether it will be accepted by the Indian youth.

 

Gravitational Waves discovered

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


 

“Gravitational waves are distortions or ‘ripples’ in the fabric of space-time caused by some of the most violent and energetic processes in the Universe”. Albert Einstein was the first person who predicted the existence of gravitational waves. In his general theory of relativity. Einstein mathematically predicted that massive accelerating objects such as neutron stars or black holes circle each other and collide to create gravitational waves which disrupts space-time in such a way that waves of distorted space would radiate from the source. Also it is said that the gravitational waves would travel at the speed of light through the Universe. These waves carry with them information about their origins, as well as invaluable clues to the nature of gravity itself.

Although the presence of gravitational waves was predicted in 1916 there was no concrete evidence or proof of their existence. As the ripples of water, the ripples of the waves gets  smaller as they move away. This makes them extremely hard to detect. In September 14 2015, LIGO Laser Inferometer Gravitational Wave Observatory heard a ripple. The event that created this ripple is estimated to have happened 1.3 bn years ago by collision of two black holes of 30 times the mass of our sun, moving at half the speed of light at the colliding movement. This collision created gravitational waves through the universe the speed of light. However the reverberations that LIGO sensed were tiny about 1/1000 diameter of a proton. These ripples matched the supercomputer models of gravitational waves predicted using the “theory of relativity”. This discovery finally proves the Einstein’s theory of relativity.

The proof of existence of gravitational waves will stimulate space agencies to plan more space programs to study gravitational waves. The study of gravitational waves is believed to be instrumental in better understanding the black holes supernovas and other massive space events and possibly the fundamental laws of the universe.

 

 

Apple vs. FBI

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


 

One of interesting case which caught attention of the world was the Apple vs FBI case. The US court ordered Apple to break in to the IPhone which belonged Syed Farook who is responsible for the murder of 14 people in San Bernardino, California in December 2015. The company’s CEO Tim Cook refused to comply with the court’s ruling, stating that, the court’s ruling is short-sighted and this ruling would be violate the user privacy.

Apple devices have high user privacy. They have robust encryption and hence are difficult to hack. The company has also shut itself out of the encryption loop i.e. the company will not know the user passwords in order to prevent this type of ethical dilemma of choosing between security and privacy.

Federal agents do not know the passcode of the accused’s phone. Hacking the phone would run the risk of losing data on the phone. Since Apple is not in the encryption loop and they cannot break into the phone, through the court order the FBI has asked Apple to disable certain features which would enable them to access the contents of the phone.

The phone has a 4 digit encryption key to unlock. So to login to the phone FBI has to try all the 4 digit combinations. But after a few failed attempts the phone gets locked and there is a risk of losing all data. So, FBI wants Apple to create a special software that when installed in the phone would give the user unlimited attempts to enter the passcode. As Tim Cook stated this software in wrong hands would be very risky and will majorly the affect the company as Apple has position itself as a firm which values privacy.

The case is a clear example of the ethical dilemma between privacy and security. The law has a major role to play to define the fine line between privacy and security.

Freedom 251 – Is it real or fake?

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


 

On Wednesday the 17th of February 2016 an event caught the attention of the whole world. A smartphone called Freedom 251 was launched at a price of Rs. 251 by a Noida based company called Ringing bells. This smartphone is said to be the cheapest in the world. There was so much demand for this phone that the website clocked a hits of 600000 per second. Just to compare, Google get search rate is 40000 per second.

Though the company received around 7.3 cr booking till now, there are few who are still sceptical about the product. This air of scepticism is due the major fact that the company Ringing Bells is and unknown brand which do not have any prior experience in electronics. Adding to this fact the company’s founder Mr Mohit Goel doesn’t have any prior experience in electronics. So it is difficult to discern the quality of the product. Also, according to few experts there is no policy for return of the money in case the products is not made available to the customer.

All these factors may hint at the possibility of a fraud. So, before one books the phone he needs to keep in mind that, he is booking a product which takes 4 months to be delivered and the company doesn’t have any track record in electronics.

The Next generation IRCTC

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


 

Indian Railway Catering and Tourism Corporation IRCTC, a subsidiary of the Indian Railways that manages the online ticketing service to the largest railway network in the world. IRCTC was the pioneer internet booking and booking tickets via SMS. It also offers I-tickets where the tickets booked online will be delivered by post. Within a short period of its inception, IRCTC became the world’s largest e-commerce with more than 6 lakh registered users.

Indian railways cater to the second most populated in the country. Earlier the ticketing service was in railway counters or through railway brokers. These means of ticketing created hassle for booking and it people had to invest considerable amount of time and money for ticketing. Making this service hassle free was a challenging task for IRCTC.

After its success with ticketing service IRCTC has also diversified its offering. It now offers many services like booking hotels, cabs and hotels. It has now tied up with amazon for shopping. IRCTC has now ventured to offer varied catering services for the consumers to enjoy their preferred choice of cuisine. It has ties with Food Panda for e catering service called “food on track”. Its is also in talks with McDonald’s, Bikanerwala, Nirula’s, Sagar Ratna, Wangs kitchen …etc to provide more choice for its customers. It has also tied up with online platforms like Paytm to ensure varied payment options for the e catering service.

From past few years IRCTC has been very active in diversifying its services. With low internet cost and increased connectivity more rail commuters are able to access and make use of these services. With its variety of offering IRCTC is transforming itself as complete e-commerce site.

Pure Air, No more!

The following article is based on my own interpretation of the said events. Any material borrowed from published and unpublished sources has been appropriately referenced. I will bear the sole responsibility for anything that is found to have been copied or misappropriated or misrepresented in the following post.

Darshan H D, MBA 2015-17, Vinod Gupta School of Management, IIT Kharagpur


The Delhi government implemented the Odd even plan from 1st Jan 2016 with an aim to reduce air pollution. This policy was following the report by WHO, in which New Delhi is recognised as the most polluted city in the world. The decision to implement policy created a lot of fuss and was one of the most debated topics in the media as it is first time that any state government has implemented this type of policy.

The initial reports showed marginal improvement in the quality of air, but the reports released on 10th January by IndiaSpend and NAQI revealed that there was no considerable improvement in the quality of air. Although the policy seems to be a failure, Delhi government showed an intent at least to experiment on ways to reduce the air pollution.

With Delhi being at the focal point, the big picture is blurred. Among the top 20 most polluted cities, reported by WHO, 15 are in India. “Except Delhi, all other state governments seemed to have a sense of satisfaction about it”. Not only have the state governments but the central government also pushed the problem aside and having an indolent winter.

I do believe that the responsibility to improve the quality of air rests not only with government but also with each individual. But the government has failed to create awareness among the public with respect to air pollution reaching alarming levels. “In fact, they were waiting for the World Health Organisation to conduct a survey to enlighten about this fact”. Nevertheless, it is time for us to gear up and take measures to control air pollution as the next generation and the generation to come, have a right to quality air and we don’t have the authority to take that away from them.

Gandhiji once said “The future depends on what we do today”, so high time we think about tomorrow ramifications of today’s actions to save the purity of the air we breathe.