Kozhikode: Ajit Balakrishnan, founder and Chief Executive Officer (CEO) of Rediff.com, urged young students of the Indian Institute of Management Kozhikode (IIM-K), we observe that the trends deploy in the country, the economic scenario, if they so wished, to become an entrepreneur.

Presenting a paper “The challenge for companies” within two days the annual meeting of IT Management Seminar (AIMS), 2005, began in the IIM-K Campus Saturday, Mr. Balakrishnan said that now days relocating their businesses were De activity on the Internet.

None of Top-10 companies listed on the Mumbai Stock Exchange (MSE) for the year 2005, as there is in these places in 2030, he said. Only three or four companies that are among the Top 10 companies in 1970 and they have existed anywhere in the list of Top 10.

Chennai: The Loyola Institute of Business Administration (Liba) is developing a course on “understanding the Indian market and business activity in India” for the Catholic Sacred Heart University, Milan ( Italy).

The Italian university is a degree in “emerging markets and Europe.” The integrated courses developed by Liba, for the program, which is between January and December 2008.

In the context of the cooperation project, Liba, director P. Christie said she institutions by facilitating student and teacher exchange programmes, collaborative research, specialized programs (in areas such as social entrepreneurship and Logistics and Supply Chain Management).

“In the context of globalization, any business is global business. As Business School, we have to give lessons global manager,” fr. Christie said. They should be able to appreciate other cultures and understand the socio-economic scenario.

The path to other countries are India has changed dramatically. “It’s like a sleeping lion comes alive.”
Several MoU

To meet the requirements of the global market, Liba has signed several memoranda of understanding with universities in different parts of the world. “We do a lot of research to see what the core competencies of the Institute, and then decide how we can cooperate for the benefit of both institutions.”

Liba students have been abroad for their summer internships. In addition, 13 international students (one student French and Italian 12 students) are currently under study Liba under an exchange program.

“If foreign students on campus, our students are interacting with each other and work with them. In addition to their exposure, is also acquiring the ability to work in teams with different people, “said Fr.Christie.

The academic and professional excellence, focus on skills to negotiate from a global manager, focus on ethics and social responsibility, flexibility for growth and entrepreneurship a global vision on management training are key factors in a management program, he added.

In this context, Liba, a professional advisors help students. A course in ethics in the economy were for students. Liba is also a centre for entrepreneurship soon, “he said.

Kharagpur, IIT Campus, March 12: “Strike is suicide, the work is Life” was the message from Manish Tripathi wanted to say it loud and clear.

A representative from Mumbai dabbawallah’s Community - celebrated for their operational efficiency - Tripathi was visiting Vinod Gupta School of Management at IIT Kharagpur, for a briefing on the supply chain management dabbawallah, a provider of essential services in Mumbai.

For 40 students from the University of Nebraska, Omaha, it was a lesson. Students and members of the Faculty are available on a visit to the Institute as part of an exchange program - for the first time - with IIT Kharagpur.

The team had begun his stay in India, Bangalore, where she visits Biocon and Infosys, torchbearers of the glory India in both sectors. But it was a different experience, expected Kharagpur - a taste of the grass successful management of the root system.

Tripathi presentation was followed by a seminar - “Credibility India: India in transition” has meant for visitors to confide in the changing economic scenario in India.

“His speech was a very rewarding experience.’s Work culture and ethics which he spoke a universal application. We could even think that his ideas in our universities,” said Krista Cupich, consultants, University of Nebraska.

Tripathi is part of a network of 5000 dabbawalahs in Mumbai and its fractions, each approximately 40 clients.

The whole sector has an annual turnover of Rs 30 crore, with each dabbawallah deserve Rs 5000 per month on average.

But he is adamant his services, it has great distinction - from India and abroad. “We have not had a strike in the 116 years of our service. This is also when we call for a hike not yet been reached by our customers,” said Tripathi.

That the summer of 2002 has brought a good harvest for students of Pune’s eminent B(usiness)-schools, is evident from the lofty stipends that many of them are being offered this year for their summer training.
Recession and a scam-tainted and gloomy overall economic scenario has had little impact on monthly allowances companies are willing to give B-school students to do their training with them. With Wipro paying Rs 15,000 per month to the two Symbiosis Institute of Business Management (SIBM) students who will train with them, SIBM has probably recorded the most impressive summer placements, as compared to the rest.
GlaxoSmithKline has recruited another 13 of their students, on a monthly stipend of Rs 12,500. Says Prof K S Subramanian, SIBM, “Two of our students will also be going abroad.” The University of Pune’s Department of Management Sciences, popularly known as PUMBA, runs a close second to SIBM with Rs 15,000 offered by the Delhi-based Trident Group to two of their students. The closest to that is Rs 7,000 for trainees who have been picked by SmithKline Beecham. Placement cell member of PUMBA, Tanvir Singh Oberoi, says, “Upto 114 students out of 150 have secured their summer placements though campus recruitment. We have extended the date of placements to May 30. However, Reliance has taken a record, 15 trainees from our institute.”
As for Pune’s first management institute, the Institute of Management Development and Research, (IMDR), cent per cent summer placements for their 65 students was no mean feat. Says placement team member Kaushik Ghosh, “The highest stipend was Rs 6,000, plus perquisites, from the Bank of Muscat.” Gagan Kaur Walia, assistant manager, corporate HR, reasons why the recession has not acted as a deterrent for companies paying trainees well.
“Recession is a mindset and it should not affect quality of work. High stipends are justifiable, because during recession people have to work the hardest,” says Walia. Stipends or not, Dr. (Capt.) C M Chitale, head of department, PUMBA, urges students with lesser allowances to not be affected by the competition.
“It doesn’t matter what kind of stipend you receive. What really matters is the quality of the project ,” he says.