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Calcutta: Business leaders of tomorrow need to protect the interests of their companies with the greatest needs of society to help develop the country economically, YC Deveshwar, Chairman of the Board of Governors at Indian Institute Management, joka said monday.
“Who should have a social purpose,” said Deveshwar and also address the convocation of the Institute. “The interest of the organization should be subordinated to the interests of society,” he said. “Companies need, apparently for the divergent interests of stakeholders, so that society benefits.
Deveshwar, who is also chairman of tobacco giant ITC Hotels Ltd, said the country had a long way to go Economic ensure that the living conditions of populations improved.
“Fifty years after independence, 26 per cent of our population lives below the poverty line,” he said. Deveshwar, said the key to making the economy was ahead in innovation and thinking out of the box.
“What is the rate overseas is not necessarily applicable here,” he said. “It is not enough to benchmark against the best in the world. They have contributed to the creation of new evaluation criteria was to advise the Deveshwar’s graduates.
Confederation of Indian Industry Tarun The Director General said India possessed one of the best talents in the world. But the problem lay in the fact that Indians are often not function properly and therefore did not have the same results as their colleagues elsewhere.
“The eagle, learn to fly in a formation,” he said, and refers at the same time that the challenges in the future store managers. Having said that entrepreneurship should also be utilized so that the country could grow at a faster pace. India-economy, is projected to grow only 4.4 percent during the year, one percent less than last year.
Hundertachtzig-five students have obtained their postgraduate diploma in management (PGDM), Puneet Singh on Monday, the safeguarding of the first rank Anchal Jain and the second in two years. The certificates were presented PGDCM graduate courses and evening, of course, in management.
Tags: board of governors, chairman of the board, confederation of indian industry, divergent interests, evaluation criteria, future store, india economy, institute management, Jain, leaders of tomorrow, population lives, postgraduate diploma, store managers, thinking out of the box, tobacco giant itc, year one |
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Indian companies must be part of the Supply Chain automation initiatives, so that they are not too late for the World Supply Chain.
In my previous article to eWorld, I have followed the evolution of the Internet as a business tool, the benefits of automation Supply Chain Management (SCM) and technology and technical standards requires all players Large and small, in the chain.
In this article, emphasis is placed on the national level and at industry level initiatives in other countries and India are the steps must be done to take part in an active player in the automation SCM.
USA play a
In a large movement, the center has a 12-member National Advisory Committee for Accounting Standards (NACAS), under the chairmanship of Mr. YH Malegam, a chartered accountant.
Although NACAS had in the past, for a period of one year, official sources indicate that the president and members of the committee, this time, these offices until February 28, 2005.
NACAS was established to advise the Centre on the formulation and definition of accounting and valuation methods and standards for the adoption of businesses or a class of companies under the Companies Act.
In addition to Mr. Malegam the advisory committee would be composed of presidents
VISAKHAPATNAM: It has been found during several studies on the extent of transparency of facts and figures in the annual reports of various corporate sectors that the system of accounting differs from one to another.
As a result, many of the corporate houses do not reveal facts and figures in their annual reports.
Later, the International Accounting Standards Board, along with the Financial Accounting Standards Board, has recently took a decision to seek convergence of accounting standards, globally.
Andhra University Department of Commerce and Management Studies on Friday organised a national seminar on 'Convergence of Corporate Disclosure and Accounting Standards', under the aegis
TIPS are ready for business opportunities in the banking sector after the implementation of Basel II in the year 2006 standards.
According to Mr. Ashvin Parekh, Executive Director, Deloitte Touche Tohmatsu, new standards will be implemented presents a great opportunity for the consulting fraternity.
At a seminar organized by the Indian Institute of Foreign Trade, Mr. Parekh said the assurance was also a sign of changes that could do much with advice. It is an uncertainty about the prospects of capital, uneven progress in the interest of bancassurance and again in emerging markets such as China.
In the case of the asset management
In an interview with the media today, PraMod Dr Kumar, director SIBM, "said Conference in regard to questions about the role of banks and financial institutions, the role of multinationals and public sector 's role information technology industry, R & D and technology human resource management, management and the changing role of unions. The role of industry in the development of ethical standards and standards discussed.
Presidents of eminent Mr. NK, PSU, human resources specialists, bankers and managers of the technology involved in achieving the objectives on strengthening business relationships prospects for the future, including government influence political and understanding the
NEW DELHI: In a further attempt to avoid disputes regarding the allocation of frequencies standards, the Division of Telecommunications (DoT) has decided to instruct scientists and professors from major institutions, such as the Institute of Technology and the Indian Institute of Science (Bangalore), a part thereof order for the new committee has been set up to formulate new guidelines.
Earlier this week, the Division of Telecommunications (DoT) has stated that it set up a committee of industry representatives to formulate criteria for allocating spectrum for new standards. The Committee's mandate verification of the recent report by the Telecom Engineering Center (TEC),
Students looking to further their education have many opportunities when considering graduate school options.
Among the most prominent are medical school, law school, MBA programs and masters and Ph.D. programs. Admission to these programs often requires a good grade point average, letters of recommendation, extracurricular activities and a standardized test specific to the area of study.
Admission to medical school requires the MCAT, law school the LSAT, MBA programs the GMAT and graduate school the GRE.
More : .purdueexponent.org
Financial Planners Standards Council (FPSC) and Dalhousie University today announced a new MBA stream that recognizes the high standards of competence of Certified Financial Planner (CFP) professionals.
CFP professionals will now enjoy advanced standing in the MBA Financial Services (FS) program. It means those eligible will be able to earn an MBA FS by taking one third fewer courses. The MBA FS is specifically tailored to professionals in the financial services industry.
While it’s not a master’s degree in financial planning specifically, FPSC President and CEO Cary List says, CFP professionals can now marry what they learn through the skills and knowledge
Yale Shakes Up MBA Program, Requires Study Abroad
Yale University is shaking up its MBA program. This year, it became the first major business school to require students to study abroad.
Groups of students will head out next month to Costa Rica, Tanzania, Singapore and other places.
The Ivy League university has also replaced finance and marketing courses that have been the mainstay of business education for 50 years with courses structured to mimic the way business managers operate.
More : nbc30.com
ICFAI Business School will hold a two-day national seminar on 'International Corporate Financial Reporting and Analysis' on August 23 and 24.
The programme will act as a platform to evaluate the current financial reporting model and its relevance for making sensible economic decision, Indian accounting standards and the problems faced in implementing the accounting standards and related financial reporting regulations.
MBA Tag Clouds
