Oil and Natural Gas Corporation (ONGC) has concluded an agreement with the Indian Institute of Foreign Trade (IIFT), in which the staff of the ONGC be subjected to study MBA at IIFT Super Unnati Prayas regime.

ONGC send their employees IIFT for a full-time, 18 months of the MBA program with a specialization in international affairs. The company is also the transfer of employees, have their headquarters in New Delhi to study residential students at the Institute. The objective of the regulation is to update the knowledge base of the ONGC leaders. IIFT out specific written tests ONGC leaders of five centres across India.

Twenty employees were selected for the course. The course is in line with the needs of the ONGC. Issues such as logistics of international trade, World Trade Organisation (WTO) and issues related to WTO, international trade policies, Managing Global Sourcing, international business strategy, standards and ethics are underway .

Oil and Gas Corporation (ONGC) has submitted a government proposal to increase paid up capital by ONGC Videsh of Rs 300 crore according to RS 500 crore.

ONGC Videsh is a subsidiary of ONGC, is investing in oil ventures abroad.

“The registered capital of ONGC Videsh is relatively low compared to debt on its balance sheet. The issue of debt-equity compared sometimes the way of smooth running of our business abroad. We also proposed that the authorized capital of ONGC Videsh, up to Rs 5000 crore, “Mr. Subir Raha, Chairman and Managing Director, ONGC, said the edge of the newspersons launch of the “super-Unnati Prayas programme for ONGC employees.

Under this programme, ONGC sends his career in the mid-leaders of the Indian Institute of Foreign Trade (IIFT) for an MBA 18-month residential program.

The program, under the direction of IIFT for ONGC workers should pay special attention on trade and international affairs.

For the first part, twenty leaders were selected from about 340 nominations received from ONGC employees.

Mr. Raha said ONGC and spend over Rs 25 crore per annum for the training of its leaders in management and engineering programs.

The company will also soon in a tie-up Management Development Institute to offer a general programme management of his career in the mid-leaders.

Lynn Marsh Kroeger, daughter of Mr. Hal Kroeger and Mrs. A. Scarborough, NY, and Vero Beach, Florida, was married yesterday by Robert W. Daly, the son of Mr. and Mrs. Richard T. Daly Cold Spring Harbor, LI The Rev. Paul number, the ceremony at St. Mary’s Episcopal Church in Scarborough.

Barbara O. Blasch was matron of honour.

Richard T. Daly, his brother was the best man.

The bride, an assistant controller of the Morgan Guaranty Trust Company of New York, studied at the Masters School, Brown University and the New York University Graduate School of Business Administration. She is a member of the Junior League of New York. His father, retired, is a founder of the R. & H. Kroeger organization, a management consulting firm in New York.

Mr. Daly is a management consultant in the field of genetic engineering and a director of the Quantronix Corporation, a manufacturer of laser Smithtown, LI, founded by his father, a nuclear physicist, is president. He graduated from Brown University and Harvard University Graduate School of Business Administration.

Darice Paula Grippo, a vice president in the investment-research division of the Putnam Management Company in Boston, was married yesterday to Robert Leonard Wareham, a senior trust officer with the Old Colony Trust division of the First National Bank of Boston. The Rev. David Drew Rose, a United Church minister, performed the nondenominational ceremony at the Houghton Memorial Chapel at Wellesley College.

The bride, who will retain her name professionally, is a daughter of Mr. and Mrs. Milo Paul Grippo of Orange, Conn. She was graduated from Wellesley College, where she was a Wellesley College Scholar, and the Harvard University Graduate School of Business Administration. Her father, who formerly owned the New London (Conn.) Seaplane Service, is a consultant to the Avco Lycoming Corporation in Stratford, Conn., from which he retired as superintendnent of research and development quality assurance. Her mother was formerly a pilot with Piper Aircraft in Lock Haven, Pa.

Mr. Wareham is a son of Harry Percival Wareham of Chapoquoit Island, West Falmouth, Mass., and the late Mrs. Wareham. He was graduated from the Brooks School in North Andover, Mass., Boston University and the National Graduate Trust School of Northwestern University. His previous marriage ended in divorce. His father is retired and was a manufacturer’s representative in F.N. Burt Company, a packaging concern in Rochester.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.

The National Textile Corporation (NTC) South Maharashtra Limited, regulates the 18 mills proposes Maharashtra, the modernization of nine of its mills to offer high quality products to its customers, “said the director of NTC-UK Tripathi .

Speaking at an interactive session-cum-Finlay products of the workshop here on Friday, he said that the SRG SSR that Tie-up for the manufacture and sale of the product Finlay Mills, come from different varieties of dhotis, sarees, my Tops very honourable Members, bracelets, T-shirts and other materials market demand.

The NTC, the renovation of the mill is located in Mumbai, Aurangabad, Nanded, Barshi, Dhule and Chalisgaon modern equipment in a short period and issue certificates to distributors to reduce the double Finlay manufacturers mark.

The direction is also considering franchise with local companies to Hyderabad for the development of the market. Instead of rebates, it is company loyalty cards and rewards to customers, “said Tripathi.

The company has a target of RS 2 crore this year, he added. NTC Chief General Manager (Marketing) JK Baweja, Mumbai Education Trust (MET) Institute for Management representatives of the PP and distribution Mhetros officers.

A Memorandum of Understanding was signed between the Indo American Chamber of Commerce (IACC) and Management Development Institute (MDI), Gurgaon, to offer training and research and national consultation on joining the IACC.

Mr. Vinod Chandiok, President, IACC, and Dr Devi Singh, Director of MDI have signed the declaration of intent, in the presence of Mr. Singh, VP, President, Industrial Finance Corporation of India.

The government has taken measures for the development of Silent Valley as a biosphere reserve “herbal Bio-Valley, based on the recommendations of the Commission, MS Swaminathan, said KR Gouri Amma, Minister of State to agriculture.

She made these remarks when opening a seminar on “Evolution of a plan of action to promote the development and use of medicinal plants”, organized by the Kerala Industrial Infrastructure Development Corporation ( Kinfra) in the city on Saturday.

“Bio-Valley” is the “sine qua non-biological software for a dynamic medicinal plant industry,” she said. Kerala, India and in a good position to pull the growing demand for herbal medicines and entries for a number of products, due to their strong traditional located in the use of medicinal plants, “she added . However, great care is taken for the protection of medicinal plants from the threat of destruction of their habitat, Ms. Gouri Amma added.

Mr. Som Pal, Member, Planning Commission and Finance Commission, was the chief host at the opening session, said that Kerala is indeed the situation, its rich resources of herbal and medicinal plants. Questions should be addressed, whereas develop an action plan for development of medicinal plants also creating an inventory of these facilities, the publication of this list, the identification of rare and endangered species and their resurrection The creation of attracting attention to the importance of medicinal plants plants and so forth, he explained. The creation of a cooperative network of medicinal plants with countries such as China are seen as extremely useful in India, he stressed.

Mr. N.R. Madhava Menon, Vice-Chancellor, University of West Bengal Juristische sciences, chaired the meeting the need of the hour was to discuss issues related to medicinal plants under the World Trade Organization and its extensive powers . The law, while facilitating economic development, we must also ensure that practitioners of traditional medicine they receive merit, he added.

Mr. K.S. Finance chairman, agricultural and food processing, the export Development Authority, Mr K. Lakshminarayanan, Technology Management Group, UN-Asia-Pacific Center for Transfer of Technology, M. Mohandas K., director, Sree Chitra Thirunal Institute of Medical Science and Technology, Mr. PH Manoirs, Secretary-Industries, Kerala, Dr P. Pushpangadhan, director, National Botanical Research Institute and Dr. GC Gopala Pillai, Managing Director, Kinfra, with the opening of the session.

The seminar discussed various topics related to the cultivation and use of medicinal plants. During the harvest of culture and scientific communications herbs and medicinal plants has been a technical meeting, other meetings examination of patent laws and other legal issues related to industry herbs and the question quality control of herbal medicines.