Infosys Technologies, Chief Mentor N.R. Narayana Murthy, was for the third Lal Bahadur Shastri National Award for Excellence in Public Administration and Management Sciences for the year 2001 for its excellence in the field of institution-building.
The prize carries a cash prize of Rs 1 lakh, a citation and a table and would by President APJ Abdul Kalam, on 1 October in the Rashtrapati Bhavan, Mr. Anil Shastri, president of the Lal Bahadur Shastri Institute of Management journalists here today. Mr. Imputation Narayana Murthy for the construction of one of the most precious in the world, “said Shastri, it is an icon of the computer industry and the country proud. “The price supports, in the year 1999 by LBSIM, was the management guru CK Pralhad Profiles in the years 1999 and Mr. Sam Pitroda, World-Tel in 2000.

Shailesh J Mehta School of Management, IIT Bombay is to assess the best business schools again in India (with a total score of 706.87 points) in COSMODE BW-Survey 2003.

Indian Institute of Management Kozhikode is the second (670.26 points), followed by ICFAI Business School, Hyderabad (664.81 points), Department of Management Studies, IIT Delhi (645.21 points), Lal Bahadur Shastri Institute of Management , New Delhi (629.22 points), Institute of Management Goa, Goa (583.88 points), Indian Institute of Management, Indore (571.23 points), Nirma Institute of Modern Management, Ahmedabad (565.78 points) Indian Institute of Modern Management, Pune (534.17 points) and NIILM center of Management Studies, New Delhi (533.62 points).

Andhra Pradesh Chief Minister Dr Y S Rajasekhar Reddy is likely to meet Congress President Sonia Gandhi on Tuesday to discuss various State issues, besides organisational matters.

The meeting has assumed political significance in view of the recent appointment of K Kesava Rao as new president of Andhra Pradesh Congress Committee(APCC). Kesava Rao is also meeting Sonia Gandhi on Tuesday.

Chief Minister is likely to discuss the proposed expansion of the Cabinet and filling up of nominated posts with Sonia Gandhi.

Dr Reddy, who will be in the national capital on a day’s visit, will attend the national summit on “sustained growth and social equality” being organised by the Lal Bahadur Shastri Institute of management.

He will lay the foundation stone for construction of hostel for boys and girls in Sri Venkateshwara college. Dr Reddy will participate in Andhra Pradesh formation day celebrations at AP Bhavan. He is likely to return to Hyderabad on Wednesday morning.

Andhra Pradesh Chief Minister YS rajasekhar Dr Reddy is likely to meet the President, Congress Sonia Gandhi on Tuesday to discuss various public issues, besides organizational matters.

The meeting of the above, the political importance with regard to the recent appointment of K Kesava Rao as the new chairman of the Committee on Conferences Andhra Pradesh (AIA). Kesava Rao is also meeting Sonia Gandhi on Tuesday.

Chief Minister is likely to take action on the proposed enlargement of the cabinet and filling nominations contributions Sonia Gandhi.

Dr Reddy, which is the capital of a day of the visit, participates in national summit on “sustainable growth and social equality” under the Lal Bahadur Shastri Institute of Management.

It is the foundation stone for the construction of the youth hostel for boys and girls in Sri Venkateshwara College. Dr. Reddy participate, in Andhra Pradesh in training day celebrations AP Bhavan. It is probably a return to Hyderabad on Wednesday morning.

The scene is for the Indian stock markets up terminals Overseas Exchange trade with foreign countries, the regulatory authorities of their wish to express, so that trade with markets in India and abroad. Market surveillance authorities in different countries, that trade can be implemented terminals abroad Indian reserve exchange, “Sebi newsmen Mr. Mehta said today.

Hong Kong and Gulf countries regulatory authorities, Sebi that no formal approval was necessary unless a registration with them for setting up terminals Trading Indian bourses he said after he delivered the convocation address, Lal Bahadur Shastri Institute of Management here.While Canadian regulatory authorities, market participants said that the authorization is necessary, but Mehta said she favors the creation of terminals Indian bourses. Finance Minister Yashwant Sinha in the EU budget 1999-2000, the establishment of trading partners overseas terminals in scholarships to support residents on Indian investments in the markets in India.

Mehta said the telecommunications department has also declared its readiness to take necessary measures for the establishment of facilities for trading these terminals. In the meantime, next week is a Sebi committee on Corporate Governance, noted, Guided by industrialists Kumar Mangalam Birla, chairman of Sebi said.Talking mediapersons after delivering the convocation address Mehta said: ” We will ask in that direction next week and the commission should be submitting its report in the first week of August. ” The committee, which is one of ten to twelve members of the body, recommend that the regulatory authority of the implementation of the Corporate Governance in the change in the collection of standards. In addition, publishing lists of insiders, trade and propose that Sebi to monitor.

The mandate of the Birla Committee also noted that a change in accounting guidelines. On improving the exchange governance, “said Mehta, it is normally the responsibility of leaders of the bourses.However, milestones, the regulatory authority in recent years because the resignations of scholarships” Top officials, including former President BSE, would go a long way in improving the governance of scholarships. He said that two other members of the body before the start of work on the basis of the report begins. The report to familiarize themselves with issues such as consolidated accounts of insiders - Trading and Accounting Standards based global practices.

Mehta said the Committee would be the framework of the guidelines in the areas of competence listing through agreements such as this range can Sebi improving corporate governance. “Corporate Governance is important for improving shareholder value,” he said, adding Corporate World shrink in the absence of a level of the Corporate Governance.

At the stock exchange business daily, said the chairman of Sebi has decided to separate the functions only with the executive directors of the exchange is allowing him to become familiar with aspects of surveillance. “The office is carrying haveno right to participate in monitoring the activities of markets,” he said.

He said the recent controversy on the Bombay Stock Exchange as “the exchange is not fully discharge the delimitation of powers.” Mehta said the large number of regulatory agencies is also an obstacle to Sebi back against erring companies.

Domestic financial institutions led by IDBI which want to exit from Modi Rubber Ltd (MRL) have received little response from well-known groups in the attempt to sell their collective 44 per cent stake in MRL. German tyre major Continental AG, which collected the bid pack, has not submitted its offer till now, chairman of Industrial Development Bank of India (IDBI), G P Gupta told reporters here.

SBI Capital Markets, which is acting on behalf of financial institutions for the sale of MRL stake, had extended the last date for submission of `techno-financial proposal’ to December 15, as it received only five bids and none from well-known groups, Gupta said. Unit Trust of India (UTI), Life Insurance Corporation (LIC) and General Insurance Corporation (GIC) hold substantial chunk of the 44 per cent stake in MRL. IDBI’s stake in MRL is “very less”, Gupta said after addressing a seminar on corporate governance organised by the Lal Bahadur Shastri Institute of Management here.

Institutions ledby LIC, GIC and UTI have decided to sell their stake in Modi Rubber as the company was not managed to the expectation of the shareholders. “We have all the support of finance ministry and the government,” Gupta said when queried whether government supported the institutions move.

Gupta said five companies including domestic companies had evinced interest to buy equity in MRL, when the earlier set date to close the bid elapsed last week. SBI Caps has now extended the date and asked the interested parties to submit their bid accompanied by documents supporting their eligibility to buy 44 per cent in the company before December 15. “We hope to complete the sale procedure before the end of this fiscal,” he said.Earlier, Gupta said the main reason for companies not performing despite having well-known names on their boards was due to “lack of adequate compensation” for the members.

Gupta called for an increase in compensation for nominee directors and non-executive directors to at least Rs 5,000 per sitting sothat these board members would show adequate interest in working of companies. Currently the nominee directors and non-executive directors were paid only meagre amount for sitting in a meeting, which could extend for one full day, he said.Gupta said these members should also be given adequate information on the working of the company allowing them to guide the company in a better way.

On IDBI’s plans to foray into the insurance sector, Gupta said the institution was negotiating with three foreign insurance companies and a final decision would be taken by this month-end. IDBI is planning to enter the life insurance sector once the sector is opened up for private players, he said.

If you go to the next generation of managers, then you have to be more technology-savvy. This consensus is arrived at the conclusion of an interactive seminar on “Problems and challenges of security on the Internet”, organized by the Lal Bahadur Shastri Institute of Management and Development Studies (LBSIMDS), Naveen Bhawan, UP Housing and Development Board .

The future honchos studies in various management colleges have been trained by some of technocrats who have sailed by the great world of the Internet, its advantages and disadvantages and how to protect themselves against cyber-crime. Hackers focus on intellectual piracy and not on the financial sector.

Jayant Krishna, Regional Manager, Tata Consultancy Services (TCS), in his inaugural speech, explained the different threats such as manipulating data, data theft, viruses and worms, but are also solutions such as the Internet Securities and anti-virus.

“The data on the Internet are only for a few seconds and leaves the system as quickly as possible and depends on the RAM. The risk is that if a large part of the information in the form of Web content is downloaded on the system,” HM said Srivastava, a former director, KNIIT, Kanpur. He also stressed that India now has the production of nano-magnifier at the moment still imported from companies such as Sony, Intel, etc.

“Once you” Yahoo.com “to which you are connected in his field and India are automatically Yahoo.co.in.” It calls your information as soon as you click the domain name. Is not it piracy? “Asked Sanjeev Batra, one of the students present there. The answer to the question itself, he said the portal, the right to transfer server to India to facilitate operations. He claims that the crime can not be arrested, but can be prevented. You can not narrensicher, but we must try making it much safer.

New Delhi, November 27 (PTI) concerned about the “gross” gaps in flower sales momentum, a leading floral expert has proposed an integrated strategy to cultivate flowers, with the active participation of enterprises, development of wings flat sewing 80 billion dollars in the global marketplace.

“The draft growth and India to export to the cultivation of flowers goal seems too ambitious given the lack in breeding, production and marketing,” Debashish Sengupta, director of the Faculty Bareilly - based Lal Bahadur Shastri Institute of Management and Technology Specialization on the cultivation of flowers, said.

Sengupta is of the opinion that the Indian government should be a committee Flower on the lines of Flower Board of Israel, which has been a success for the promotion of floriculture.

“But it is a positive, optimistic and goal can be regarded as a door-target,” he said.

Sengupta, who so far is the author of the article 12 of marketing research the cultivation of flowers, said in an integrated strategy involving the cultivation of flowers farmers, horticulture, scientists, farmers, distributors and government, “if India is everywhere, the export of nearly Target”.

“The participation is considered very important that the leverage targets,” he said.

President APJ Abdul Kalam has proposed to a billion dollars in annual value of exports of flowers by 2010.

According to the latest data transmitted by agricultural products and foodstuffs Export Development Authority (APEDA), cultivation of flowers India exports amounted to 101.17 crore during the case April-July this year, against a target of crore Rs 370.98 for the current fiscal period.

New Delhi, June 27 (PTI) famous agricultural scientists MS Swaminathan has been chosen for the prestigious Lal Bahadur Shastri National Award for the year 2006.

The price of the Lal Bahadur Shastri Institute of Management, New Delhi, draws a person is an exceptional leader Business excellence, management practitioners and educators or institution Builder sustainable for his contributions to each sector.

The honour, with a cash award of Rs one lakh, a citation and a commemorative plaque.

The prize is awarded annually on the eve of the anniversary of the birth of the late Prime Minister Lal Bahadur Shastri in October by the President of India.

Dr MS Swaminathan has been selected for this award in recognition of his pioneering work in the field of agricultural research, “Anil Shastri, son of late Prime Minister and President of the Institute, said.

Shailesh J Mehta School of Management, IIT Bombay is to assess the best business schools again in India (with a total score of 706.87 points) in COSMODE BW-Survey 2003.

Indian Institute of Management Kozhikode is the second (670.26 points), followed by ICFAI Business School, Hyderabad (664.81 points), Department of Management Studies, IIT Delhi (645.21 points), Lal Bahadur Shastri Institute of Management , New Delhi (629.22 points), Institute of Management Goa, Goa (583.88 points), Indian Institute of Management, Indore (571.23 points), Nirma Institute of Modern Management, Ahmedabad (565.78 points) Indian Institute of Modern Management, Pune (534.17 points) and NIILM center of Management Studies, New Delhi (533.62 points).