All the details and instructions for the upcoming Common Admission Test (CAT) 2024 have been released by IIM Calcutta. The admit card for this important exam can now be downloaded using registration number and date of birth. Candidates must prepare thoroughly for the exam, which consists of three sections and has a negative marking system for incorrect answers. Results will be announced in the second week of January 2025 with further selection criteria varying across different IIMs.
CAT Admit Card 2024 Released: Everything You Need to Know
The Common Admission Test (CAT) is a national-level management entrance exam conducted by the Indian Institutes of Management (IIMs) for admission to postgraduate management programs. The Indian Institute of Management (IIM) Calcutta has released the admit card for CAT 2024, which can be downloaded using the registration number and date of birth.
Background
CAT was first conducted in 1961 by IIM Calcutta. The exam is designed to assess candidates' analytical and problem-solving skills, quantitative aptitude, verbal ability, and reading comprehension. It consists of three sections: Verbal Ability and Reading Comprehension, Quantitative Ability, and Data Interpretation and Logical Reasoning.
Key Details for CAT 2024
Top 5 FAQs and Answers
Q1: When will the CAT 2024 results be announced? A: The results are expected to be announced in the second week of January 2025.
Q2: What is the selection process after CAT? A: The selection process varies across different IIMs. Candidates who score well in CAT will be shortlisted for the next round, which typically includes group discussions and personal interviews.
Q3: What is the expected cutoff for CAT 2024? A: The cutoff will depend on several factors, including the difficulty level of the exam and the number of candidates appearing. It is generally around the 85-90 percentile.
Q4: Can I download my CAT admit card after the deadline? A: No, the admit card will only be available for download until the specified deadline. Candidates who miss the deadline will not be allowed to appear for the exam.
Q5: How can I prepare effectively for CAT 2024? A: To prepare effectively, candidates should focus on developing strong conceptual understanding, solving practice questions, and taking mock tests. Time management and accuracy are also crucial.
With the US election results just around the corner, stock markets globally are experiencing volatility. Analysts have different opinions on whether a Trump or Harris win would be beneficial for India. While Nomura India sees Harris as net-positive, Emkay Global believes a Republican sweep would be good for India in terms of FPI positioning but the rally may not last. In terms of sectors, JM Financial predicts a rate cut by RBI in case of a Democrat win, which would benefit NBFCs, while a stronger dollar due to a Republican win could lead to a tighter interest rate regime in India.
Hero MotoCorp, the world's largest motorcycle manufacturer, is set to shake up the premium motorcycle industry with their latest offering - the Karizma XMR 250. With its aggressive design, advanced features, and powerful 250cc engine, the Karizma XMR 250 is expected to be a major competitor in the quarter-litre supersport segment. Despite no official price reveal, speculation suggests it may be priced competitively, making it a top contender in the market. This new launch from Hero is just another example of how they are carving out a niche for themselves in the industry.
A 39-year-old man in Mumbai fell victim to loan sharks after taking a loan from an instant loan app. The scammers obtained his photograph, PAN card, and bank details and threatened to morph and share obscene photos of him and his family with their relatives if he did not pay the fraudulent loan amount. Despite paying the initial amount, the victim continued to receive threats and eventually went to the police, providing details of the loan app and the scammers. A case has been registered against the fraudsters under sections related to extortion and cybercrime.
Japanese food giant Mitsubishi has announced a strategic overhaul that will merge US-based Nichirei Seafoods into Nichirei Foods USA. This move, along with the sale of Princes to Italy's Newlat and a stake in KFC Holdings, has led to an increase in Mitsubishi's forecast net income for its food business to JPY 89bn. Additionally, Norwegian salmon producer Salten Salmon's investment of NOK 50 million in its facilities and the announced internal reorganization of Norwegian salmon producer Masoval and its subsidiaries resulting in a demerger and triangular merger have also made headlines in the business world. These changes demonstrate how companies are adapting and streamlining their operations to increase profits and remain competitive in the market.
Zee Business Managing Editor Anil Singhvi has shared his thoughts on the support and buy zones for the Nifty50 and Nifty Bank indexes in the upcoming trading session. He expects a support level to emerge for the Nifty50 at 23,675-23,800 and for the Nifty Bank at 50,800-51,000, while a strong buy zone is predicted at 23,500-23,625 for Nifty50 and 50,200-50,375 for Nifty Bank. The sentiment for the market is currently negative, with FII and global trends being negative and DII showing a positive stance. However, the F&O trend remains neutral and the Nifty put-call ratio has decreased. The volatility index, India VIX, has also increased.
ACME Solar Holdings, a leading renewable energy company, is set to launch its Initial Public Offering (IPO) with a mix of fresh issue and offer of sale. However, according to a brokerage firm, the company's reliance on government-owned transmission grids and infrastructure, and its growth depending on winning competitive bids pose significant risks. The company's financial performance has been lacklustre in recent years, with low margins and reported losses. Interested investors can subscribe to the IPO from November 6 to 8 for a price band of Rs 275 to Rs 289 per equity share.
Reliance Industries Ltd. (RIL) is preparing for the highly anticipated IPO of its telecommunications subsidiary, Jio Platforms Ltd., with plans for a listing by 2025. The valuation of Jio is currently estimated at over $100 billion, with analysts predicting a potential IPO valuation of $112 billion. The IPO will allow existing investors to exit, while RIL's chairman Mukesh Ambani aims to list Jio as a subsidiary structure rather than demerging it. In 2020, Jio secured investments from several strategic partners, including Meta and Google, and recently announced a partnership with Nvidia to develop AI data centers in India.
With an initial public offering (IPO) scheduled to open on November 7, Niva Bupa Health Insurance is looking to raise Rs 2,200 crore from the market. The joint venture between Bupa Group and Fettle Tone LLP has set the price band for its shares at Rs 70 to Rs 74 each and aims to use the proceeds to strengthen its capital base and enhance solvency levels. With strong growth reported in revenue and profits, this IPO presents a promising opportunity for investors.
According to sources, Mukesh Ambani, the chairman and managing director of Reliance Industries, has set a target to list the group's telecom business, Jio, next year with a valuation of over USD 100 billion. The conglomerate also plans to launch the IPO of its retail unit at a later time. Ambani had previously announced a timeline of five years for Reliance Jio and Reliance Retail to go public, but the company has now firmed up plans to launch the Jio IPO in 2025, indicating confidence in its stable business and revenue stream as India's top telecom player.