#ThinkBig, BeYourOwnBoss, Entrepreneurship, Ideas, ThinkBig

12 BASIC TERMINOLOGY RELATED TO STOCK MARKET

1)SHARE:– A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder.
2)EXCHANGE:– A Stock Exchange is a place where stockbrokers and traders can buy and sell securities, such as stock and bonds and other financial instruments(derivatives and commodities mainly).

3)NSE & BSE:– NSE is National Stock Exchange, the leading stock exchange of India which was established in 1992 as the first dematerialized electronic exchange in the country.It’s flagship index is NIFTY 50, the top 50 companies of India as per Market Capitalization.Total 1900+ companies are listed in NSE which makes a market cap of US $2.27 trillion. BSE is BOMBAY Stock Exchange, the oldest stock exchange of Asia which was established in 1875..It’s flagship index is SENSEX, the top 30 companies of India as per Market Capitalization.Total 5000+ companies are listed in BSE which makes a market cap of US $2.1 trillion.
4)SEBI:– The Securities and Exchange Board of India(SEBI) is the capital regulator of the securities and commodity market in India owned by the Government of India.
5)BROKER:– A person or middleman between investor/ trader and stock exchange who buys or sells an Investment for you in a exchange for a fee.(known as brokerage fee).Some of the Brokers of Indian Stock Market are Zerodha,Upstox, Sharekhan,Motilal Oswal.

6)INDEX:– A stock market index is an index that measures a stock market, or a subset of the stock market, that helps investors compare current price levels with past prices to calculate market performance. It is computed from the prices of selected stocks.

7)MARKET CAPITALIZATION:– Market capitalization ,commonly known as market cap is the total market value of the publicly traded company’s outstanding shares. Outstanding shares refers to the total shares that exist for a company.Market capitalization is equal to the share price multiplied by the number of shares outstanding.
8)BEAR MARKET:-The stock market being in a downward trend, or a period of falling stock prices.In this period you can see the market in a bearish trend as well as red candles in candlestick pattern charts.

9)BULL MARKET:– The stock market being in an upward trend, or a period of increasing stock prices.In this period you can see the market in a bullish trend as well as green candles in candlestick pattern charts.
10)BID PRICE:- A bid price is the highest price that a buyer is willing to pay for securities or other assets.
11)ASK PRICE:– Ask price, also called offer price,is the lowest price a seller is willing to accept for securities or other assets.
12)PORTFOLIO:- A collection of investments owned by an investor makes up his or her portfolio.

MOST ACTIVE STOCKS IN NSE

1.HDFC BANK:-HDFC Bank Ltd. is an Indian banking and financial services company founded in 1994.It is the largest bank in India by market capitalization as of March 2020.HDFC Bank provides a number of products and services but their main key are Wholesale banking & Retail banking.

hdfc

2.RELIANCE:– Reliance Industries Limited (RIL) is an Indian multinational conglomerate company. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India, the largest listed company in India by market capitalization, and the largest company in India as measured by revenue after recently surpassing the government-controlled Indian Oil Corporation.

reliance

3.INFOSYS:-Infosys Limited is an Indian multinational corporation that provides business consulting, information technology and outsourcing services.Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2017 revenue.Infosys has 82 sales and marketing offices and 123 development centres across the world as of March 31, 2018, with major presence in India, United States, China, Australia, Japan, Middle East and Europe.

infosys

4.COAL INDIA:-Coal India Limited (CIL) is an Indian state-owned coal mining and refinery company. It is the largest coal-producing company in the world and a Maharatna PSU.The company contributes to around 82% of the coal production in India.CIL ranks 8th among the top 20 firms behind a third of all global carbon emissions.

coal india

5.NTPC:-NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities.The company also undertake consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants.It is the largest power company in India.

ntpc


Written by. Tirtharaj Chakraborty,Intern

Edited by. Suvro Mukherjee

#ThinkBig, Entrepreneurship, Ideas, India, Uncategorized

5 Indian Startups This Decade That We Use Daily

Indian startups are closing the decade on a high and the nation will enter the next decade as the world’s third largest startup ecosystem. The startup culture has flourished extensively in the country over the last ten years with many companies becoming an essential part of our everyday lives.

startup

In 2019 alone, eight startups joined the unicorn club taking the total number of unicorns in the country to over 30 and 50 are expected as soon-to-be unicorns.

This decade, the nation did not sit back and let the world run ahead, college students, aspiring entreprenuers and lovers of challenges actually dared and risked to take their chances in the startup ecosystem and it has paid dividends.

We take a look at the startups that have influenced our lives the most this decade.

 

  • Swiggy-

swiggy

  • Craving a dish but do not want to go out to have food? Swiggy, founded by Nandan Reddy, SriharshaMajety, Rahul Jamini in 2014 addresses this issue. Ever since its inception, Swiggy hasn’t looked back. Starting from its first external investment in 2015 when Accel and SAIF Partners, along with Norwest Venture Partners invested over $2 million to the string of investments in 2017 that took its valuation beyond a billion dollars, rendering it as a unicorn, Swiggy has provided hassle-free service in the market despite competition from other food delivery companies. Operating out of 100 cities, Swiggy is currently India’s largest and most valuable online food ordering and delivery platform.

 

  • Ola –

ola

  • Founded by Bhavish Aggarwal and Ankit Bhati at the beginning of the decade in December 2010, Ola has grown to be India’s biggest peer-to-peer ridesharing and ride service hailing company. Want to go somewhere? Book an Ola Cab. Developed by ANI Technologies Private Limited, Ola has also expanded into taxi and food delivery services. They acquired Foodpanda in 2017 to take advantage of the growing food delivery business segment in the country. Ola has expanded into overseas market extensively since January 2017 by first tapping into the markets of Australia and New Zealand and then, in the United Kingdom. As of October 2019, the company is valued at $10 billion and provides services across 250 cities in the country.

 

  • Paytm –

paytm

  • In just 9 short years, Paytm has become the biggest e-commerce and financial technology company based out of India. Paytm was founded by Vijay Shekhar Sharma in August 2010 with an initial investment of $2 million borne by Sharma and began as a prepaid mobile and DTH recharge platform. Data cards, postpaid mobile and landline bill payments were added to the services in 2013. With Paytm, you can recharge your mobile, make utility bill payments, book train, flight and bus tickets, tickets to shows, movies and events, make payment transfers and pay in shops using QR codes. The company is valued at around $1 billion, with Alibaba Group owning the majority stakes of 42%. They have 350 million users and are planning to go public by launching its IPO in 2022.

 

  • Oyo –

download (4)

  • Ritesh Agarwal, who founded Oyo in 2013 when he was just 20 years old had become the poster boy for the Indian entrepreneurial scene. Ritesh had come up with the idea for budget hotels and accommodation called Oravel Stays and after staying in many hotels, guest houses, bed and breakfast houses, he pivoted the company to Oyo Rooms after receiving a $100,000 grant from the Peter Thiel Fellowship. Over six years, Oyo has expanded aggressively to include thousands of hotels, vacation homes and guest houses in hundreds of cities in India, Malaysia, UAE, Nepal, China, Brazil, UK, Philippines, Japan, Saudi Arabia, United States and other countries. It is the world’s third largest and fastest growing hospitality chain of leased and franchised hotels. They are currently valued at $10 billion.

 

  • Byju’s –

byju

  • Founded by Byju  Raveendran in Bangalore in 2011, Byju’s has become the world’s most valued education technology company, after being valued at $5.4 billion. The company was developed by Think and Learn Pvt Ltd established by Raveendran and in 2015, after 4 years of development, they launched the Byju’s mobile app which was downloaded by 2 million students in the first three months of release. Since then, the trajectory for Byju’s has been a forward climb. Shah Rukh Khan currently endorses the brand and Byju’s are also the shirt sponsors for the Indian national cricket team.

 

#BeYourOwnBoss, #ThinkBig, BeYourOwnBoss, Entrepreneurship, Uncategorized

Trailblazers #5: An Interview With Mr. Sashwata Roy

KGEC E-CELL has recently been successful in reaching another milestone as IIT Bombay set foot on KGEC for the very first time ever in the form of an entrepreneurial workshop named “SYMPOSIUM-DE-ILLUMINATE”.

KGEC E-CELL was glad to host Mr Sashwata Roy, the representative of IIT Bombay E-CELL and the main speaker of the event. Mr Sashwata Roy, who has over 23 years of hard-core experience in the Telecom/ISP domain working with major Telecom/ISP companies across various geographies spearheading their Enterprise Business function has been an experienced business leader with 24+ years of diversified experience in business operations and has been an integral position holder in corporates like Aircel, Reliance Communications, Dishnet DSL Ltd., Global Electronic Commerce Services Ltd., Elnet Technologies Ltd(ENT), ICNET Limited. Presently, he has been associated with his own start-up, “SHUSABIITH IT SERVICES LLP”, a Customer-Centric organization, being the authorized Business Partner for multiple Companies and primarily focussed on the B2B Segment, focusing on providing quality solutions and services to the Enterprise Customers.

Kalyani Government Engineering College Entrepreneurship Cell is proud to have an interactive session with him and here are some of the excerpts:-

KGEC E Cell: What is the inspiration behind you choosing Entrepreneurship?

Sashwata Roy: In my opinion, definitely there have been 2 main reasons behind me starting over something of my own.

Firstly, I have been holding integral positions in various Corporates, where there is fame, scope and money, but I was in hesitation whether I am fit to reach the CXO level in that company because if a person in his early 40’s has not been able to reach that position, then maybe he is not the right person for that CXO position. There, it was the moment, which gave me the boost to start something of my own and become an entrepreneur.

Secondly, If anyone is doing Corporate Jobs with so much experience, It always strikes at the back of the mind to embrace into starting something of oneself, where one will be the job creator and there came my will into play which inspired me to start over my start-up in October 2017.

KEC: How have you been associated with IIT BOMBAY E-CELL?

SR: I have not been directly associated with IIT BOMBAY E-CELL.I have been a part of the Prowisdom Growth Private Limited Group, wherein professionals, subject experts & industry leaders across the world, step into the network and connect online as well as offline, to share their knowledge, best practices, Industry & functional awareness, merits & demerits of a role, industry trends, an industry expected skills, & their professional wisdom with the youth (15 – 35 yrs.), to help them identify their strengths, build capabilities, learn new skills to help them in progressing towards achieving their personal & professional goals.
I have been listed as a mentor on their platform and they have collaborations with IIT BOMBAY E-CELL and thus I have this opportunity to be a part of their NEC 2K19 workshop session as a Speaker.

KEC: What is your opinion on the difference of opportunities and facilities provided between an IIT and a Govt. College like KGEC?

SR: In my personal point of view, I believe that there is no basic difference in terms of entrepreneurship genre getting into the roots of the youths in any place, be it an IIT or KGEC, as everyone in their prospect is doing their best to enhance start-up culture. Yeah there may be hindrances in Govt Colleges like the will to organize this session, convincing the HOD’s, etc, but it is just benefitting you all as “Entrepreneurship is all about overcoming hardships and obstacles and emerging victorious” and thus these hindrances are preparing you all in this long run of entrepreneurship journey. It’s just the determination and will to make things possible.

KEC: How different is it for you to be a part of the professional mentorship and part of student grooming?

SR: Well, I have been associated in conducting training programmes in specific professional domains(initiatives like “TRAIN THE TEACHER”)and also sessions for budding students. What I feel is that students are more receptive to learn and moreover other places, these workshops have a strength of around 60-70, but I am really excited and honoured to be a part of this workshop in KGEC as the strength is great(nearly 90)and there is a very healthy response from the students.

KEC: What are your views on privatization being an entrepreneur?

SR: Well, I won’t comment much but privatization has been beneficial all over the world and thus I believe it will have positive implications in India too, because facilities will enhance and the process of privatization is based on the pulse of the nation and it is not possible for an organization like Railways to manage the behemoth of workload. There may be questions arising on the future stake of jobs, etc but overall it will be beneficial for the nation.

KEC: Well last but not the least, what will be your words of motivation for young students who in this I should be Job Creators rather than Job Seekers?

SR: Well, it was great to be part of this whole programme and my words of advice to young budding student entrepreneurs will be to keep thinking, read a lot, analyse the local common problems and be knowledgeable. Everyone has ideas but A true entrepreneur is someone who converts those ideas into reality for the larger benefit of the society. Moreover, there is no hard and fast rule for the chapter of entrepreneurship, but it totally depends on the will and determination of either an individual or a team of individuals aligned to the same common objective. By putting forward those ideas, we can analyse how much adaptable it is, how much scalable it is and how to earn profits from the business. Failures may come but it’s not the end, never stop thinking and trying; you will succeed one day with this power of self -belief and determination.

Interview Taken and Written By : Sayan Seth & Sarthak Mazumdar

#BeYourOwnBoss, #ThinkBig, Collegepreneurs, Ideas, India, ThinkBig

Symposium–de-illuminate : A KGEC E-CELL and IIT-B Collaboration.

“ The only way to do great work is to love what you do.“

-Steve Jobs

And this love for entrepreneurship helped KGEC E-CELL to reach another milestone as IIT Bombay set foot on KGEC for the first time ever.It was indeed a very proud moment for Kalyani Government Engineering College as KGEC E-CELL in collaboration with the E Cell of IIT Bombay organized an entrepreneurial workshop named Symposium–de-illuminate for the benefit of the students. Students from various colleges took part in it. Sashwata Roy, the representative of IIT Bombay E Cell, was the main speaker of the event. Dr. Shantanu Das(Chairman of KGEC E-cell), Prof. Supriyo Banerjee (Secretary of KGEC E-cell), Prof. Md. Iqbal Qureshi(Treasurer of KGEC E-cell) also graced the event with their precious presence.

sir and mr. roy

Mr. Sashwata Roy started his lecture explaining what Entrepreneurship actually is-

“ The capacity and willingness to develop, organize and manage a business venture along with any of its risks, in order to add value and make profit. In other words, the activity of setting up a business or businesses, taking on financial risks in the hope of profit. “

He then went on talking  about a lot of business terms and gave valuable info about them. The overall project was on finding out the major problems we face in our society, generating practical solutions of those problems and make a business model canvas on it.

lecture

“The way an artist fills up a blank white canvas with colors and turn that into a lively painting, entrepreneurs in the same way, give solutions to problems in a form of start-up in their business model canvas.”

For that Mr. Sashwata Roy at first divided the whole audience into 9 teams. Each team had to prepare one business model and pitch it in front of the audience.

The first half of the workshop consisted of the discussions on various topics related to business. Mr. Roy explained them in details. He clarified what are the basic requirements to be a successful entrepreneur and what his mind-set should be. He gave detailed explanation about unique value proposition, customer services, revenue streams, cost structure, key metrics and many such terms that are essential for a business model.

rear view

Then there was a breather after a contiguous session of discussion. In the second half, it was all about the teams to prepare the business model canvas and pitch it. To help the teams in making the canvas, Mr. Roy showed the BMCs(Business model canvas) of AIRBNB, OLA, AMAZON etc. and explained their success stories. He cited the likes of Mr. Ratan Tata, Steve Jobs, Jeff Bezos, Mark Zuckerberg and many other successful entrepreneurs in order to enlighten the lamp inside the budding entrepreneurs. To speak about start-up, he stated that,

“A start-up is a company working to solve a problem where the solution is not obvious and success is not guaranteed.So, it is all about taking risks, failures are parts and parcels of it. People who overcome all these barriers, are the ones who survive in this field.”

We are glad to share that Mr. Sashwata Roy was ‘hugely impressed’  by the pitching event as each and every team came up with innovative ideas and their B-Plan looked quite promising. Mr. Roy and Prof. Supriyo Banerjee monitored the event and gave invaluable advice and suggestions to the teams for the betterment of their ideas.

laptop and speaker

So, in overall, it was a great learning experience for the participants as they got a chance  to get familiar with the terms that are required for every businessman to get success in their field. Moreover, they got to know how to pitch and the basics of business model canvas.

All the credits though goes to the KGEC E-CELL and its members as they worked really hard to organize the workshop successfully in such a short period of time and their hard work literally paid off. Mr. Roy was amazed as his last speech summed up the whole story of the day.

 

“I am glad to be a part of this workshop. The enthusiasm and energy shown by the participants is really appreciable and we would be looking towards organizing more such events in future. Thank you all.”

group pic

Written By-Sarthak Mazumdar

Edited By- Sohini Ghosh

#BeYourOwnBoss, #ThinkBig

Startup India, Standup India

Ever since the liberalisation of the Indian economy under the leadership of Prime Minister Narsimha Rao and his then finance minister Manmohan Singh, Indian economic policies have been more market oriented which has expanded the role of foreign and private investment.
This has led to a tremendous growth to fledgling small scale industries and start-ups which in turn has had a domino effect and led to the vast and conducive climate of innovation and solution to problems via entrepreneurship that exists in the country today.
It was in the early 2000s that the first change was introduced and a drastic change occurred between 2008-09.
India is a young country with the majority of the population being unemployed. The placement scenario is not too good. We, the youth of India, are more keen on setting up our own business rather than working for some multinational company.
The 2010s, especially, has become the decade for startups with entrepreneurial ventures becoming the country’s favourite fascination. A 2017 NASSCOM report suggests that India is home to 5000 tech startups and third largest start-up ecosystem after US and UK. That ecosystem includes stakeholders in the government, Venture Capitalists, Angel Investors, institutions and market opportunities. India ranks among the top five countries in the world in terms of number of startups founded. The Startup-ecosystem in India has seen a very slow growth last year. However, the introduction of GST and Make In India initiatives have given a momentum for change.
Entrepreneurship is a game of patience and persistence. Indian startups have undergone many developments. From being selected in the Google’s accelerator program, to raising funds from the Chinese investors, the startup ecosystem has been quite encouraging.
Stories of success inspire the youth to act and work to bring their own ideas to fruition. India’s entrepreneurial scene seems to be better than ever. Government and international organizations alike are investing in innovative ideas. The ideas of co-working spaces or incubators, to accelerate the start-ups by providing monetary and infrastructure support is giving a good push to the system.
It was on 16 January,2016 that our honourable Prime Minister Mr Narendra Modi unveiled his ‘Startup India, Standup India’ plan, in front of the representatives of the startup community.
A closer look at the Indian startup ecosystem reveals that e-commerce and service-based startups primarily dominate the scene. One intriguing point can be made here that despite being one of the largest agricultural markets in the world, there is a severe lack of enough agro-based startups and solutions in the entrepreneurial ecosystem.
And this goes just about becomes a metaphor of the current Indian startup scene. A large part of the Indian economy exists below poverty line and the geographical landscape of the country is dominated by villages and small towns. MNCs have a hard time penetrating and influencing these sectors and home-based and local startups are the only solution to existing issues.
With a flood of pitching events catered to startups, business meets, ideas workshops and entrepreneurial there is a host of opportunities but the question still remains at the end of the day as to whether they’re made good use of because there is plenty of room for improvement and development.

#BeYourOwnBoss, #ThinkBig, Ideas, KarkeDikhanaHai, SwearToAction, Uncategorized

Smart India Hackathon (SIH) 2019

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Winners of SIH 2019 – Kudos to Team Jobless_Coders  (L-R): Mayukh Sengupta, Indranil Chatterjee, Ankan Mukherjee, Komal Singh, Rupak Sarkar, Krishna Bose

Smart India Hackathon (SIH) is a nationwide initiative to provide students a platform to solve some of pressing problems we face in our daily lives, and thus inculcate a culture of product innovation and a mindset of problem solving. The last edition of the hackathon saw over 5 million+ students from various engineering colleges compete for the top prize at 35+ locations. In SIH 2019, the students would also have the opportunity to work on challenges faced within the private sector organisations and create world class solutions for some of the top companies in the world, thus helping the Private sector hire the best minds from across the nation.

It’s an initiative by Ministry of HRD, AICTE, Persistent Systems, i4c and Rambhau Mhalgi Prabodhini that involves 1 lakh+ technical students, 3000+ technical institutions, 200+ organizations from across India, being the world’s biggest Software and Hardware hackathon. SIH-2019 was the 3rd edition of highly successful Smart India Hackathon initiative. Technology Students across India have competed to creatively solve problems and offer technical solutions. The aim of this program is to harness expertise of students from IISc, IITs, NITs and AICTE/UGC approved institutions.

Why is KGEC E-Cell, out of the blue, so much enthusiastic about Smart India Hackathon?! Well, Komal Singh Di- The Joint Secretary of KGEC E-Cell, and her team are the winners of the “Software Edition” theme in SIH-2019. KGEC has been participating in SIH since 2017; but this year weare the champions. “JOBLESS CODERS” of KGEC have secured 1st position in SIH-2019 held at Noida Institute of Engineering and Technology, Greater Noida from 2nd March to 3rd March. The Coding Team comprised Komal Singh, Krishna Bose, Rupak Sarkar, Mayukh Sengupta, Indranil Chatterjee and Ankan Mukherjee- who all are students of KGEC. They made an Augmented Reality based solution for Pepperfry which was the biggest presentation of all in the 36 hour long Hackathon in Noida. The prize money was a lump sum amount of Seventy Five Thousand Rupees!

Smart India Hackathon (2019) Trophy and Cheque, presented to the winners
Written By - Saptarshi Ghosh