Colloque 2023

editor’s note

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To The Readers,

We are thrilled to present the first edition of our magazine, Colloque. What started as a spark of inspiration, has evolved into a magazine combining creativity, media and business. Our vision and dedication propelled us to embark on this ambitious endeavor, driven by the belief that knowledge is best shared through engaging and innovative mediums.

In this edition, you will find a range of articles about business models and current trends that perfectly encapsulate the spirit of entrepreneurship.

Being part of the business and management cell of our college has played a pivotal role into bringing this vision to life, and we extend our heartfelt gratitude to the entire team for their support.

We hope that this magazine will inspire our readers, and help cater to the growth and development of the business community.

Rutuja Jadhav Aryan Zingade Rishika Gade Executive Director

Editor-In-Chief Creative Director

Hosting Costs Of Formula 1 Tracks

Formula 1 is no longer considered as a mere car racing event, rather it has been growing its popu larity amongst the public at a lightening pace. The sport’s analytics and business models are awed all around the world, proving to not only capture the hearts of all speed lovers but also show the power of strong business strategies that are decided behind the scene.

F1 cars accommodate some of the fastest engines in the world with speed constantly crossing over 300 km/hr. While the FIA sets a cost cap for the season, the vehicle building cost varies depending on the competing teams. For 2023’s season the cost cap is said to be reduced to $135M from previous year’s $140M to ensure a financially sustainable sport.

industry the sneaker

Over the last few years, Indian sneaker culture has seen exponential growth. The generation is conscious about who is wearing the crispiest and dopest sneakers. Sneakerheads wait for hours in line for the newest and most exclusive model available in the market.

Amongst the big names, Nike is considered to be the first to come up with the successful marketing strategy of drop culture, where the brand releases products with little to no warning in limited quantities. Eventually multiple brands adopted this form to build hype. Digital platforms and collaborations with influencers also greatly contributed to the performance of the industry.

The famous saying “A penny saved is a penny earned” holds a key message to never dis count personal savings but skips the impor tance of investments. Many of us are taught early on that saving is the ideal way to build wealth and financial independence.

While it is the initial step, sound investment decisions are more crucial to achieving these objectives. If you are in pursuit of long term wealth, both savings and investments are critical financial behavior that should be encouraged. Investments can be defined in two forms; Active and Passive.

investing involves changing assets in your portfolio regularly based on market and economic conditions. They require sufficient time and investment understanding.

Equity investment can be cited as the perfect example of active investing. On the other hand, Passive investments do not require active involvement in tracking the assets. You put your money in and leave it there for a set period popularly known as the buy-and-hold investment approach.

than 34 banks.

ple of years, it experienced a massive jump in marketing costs,i.e., from ₹19 crore to 180 crore. A large contribution to this was due to the IPL sponsorship it signed up for in 2022.

sectors with un

is a significant opportunity for startups to innovate in logistics. Startups could focus on providing last-mile delivery solutions, warehousing, and supply chain management.

As per a report by EY, Indian agritech sector has the potential to grow manifold to $24.1 billion

With the rising demand for better healthcare facilities and services, there is a significant opportunity for startups to tap into this sector. Healthcare startups could focus on providing telemedicine services, healthcare delivery, personalized healthcare solutions, and

The education sector in India is evolving, and there is a growing demand for innovative and personalized learning solutions. Startups could focus on providing online learning platforms, tutoring services, vocational training, and e-learning solutions.

entrepreneur entertained