A survey of 759 graduating MBAs from 11 top U.S. business schools revealed that a company’s corporate social responsibility performance is a major factor when they select whom to work for, reports BusinessGreen.

The graduates expect to make an annual salary of $103,650 from their first employer, but 97 percent said they would be willing to sacrifice up to $15,000 to work for a company with an exemplary environmental performance, ethical business conduct and good employee and stakeholder relations.

The survey was conducted by David Montgomery of the Stanford University Graduate School of Business and Catherine Ramus of the University of California Santa Barbara. They used an anonymous online survey to limit bias in the survey.

Source : itbusinessedge.com

For Indian Business Schools with global ambitions, Singapore is fast, hot as a goal. Earlier this year, IIM Bangalore announced its plans for the creation of a campus. And now Mumbai-based SP Jain Institute of Management and Research expects to likewise.

If this SP Jain overall the second incursion within two years. In 2004, the Institute has a campus in Dubai and was the first to offer a full residential full-time MBA program in the Middle East. Beflügelt by its success, it now has its sights on Singapore.

It is interesting to note that both SP Jain and IIM-B-plane orientation of the Indian diaspora in Singapore. Nearly 7.9 percent of 4 million people of Singapore are of Indian origin, this is the third ethnic group by the Chinese (76.8 percent) and Malays (13.9 percent).

IIM-B is planning to target the leaders to work in Singapore is short-term programmes Executive Education and Executive MBA, while SP Jain can be full-time program or an Executive MBA. “What are we going programmes make a bit of localization,” says ML Shrikant, dean of volunteers, SP Jain. “There will be a strong component of India programmes, such as the Modern World increasingly interested in India in the region, “she added.

Both IIM-B and SP Jain plan to fly down right in India. This could lead to a serious crisis of the resource, especially for SP Jain, given that the same option is also Deputy Director of Dubai. “This is probably a lot more pressure on resources, therefore we are in the process of the Faculty employs more,” said Shrikant

Pune, May 14: “ You want to play truant - It’s fine.”

This position has been hard Symbiosis Institute of Business Management (SIBM). He proposed a powerful sum of more than 50 years, MBA final MPM and students, who are not their mandate, will not be granted, and the lot is not unlucky for the situation seem to be the examinations from May 16.

When contacted SIBM director PraMod Dr Kumar admitted that fines ranging from 1000 to 3500 RS has been established. “ If students internships to ensure the participation they stop classes and to ensure, academic standards, the fine is a deterrent for the future for the treatment of the lot is not easy semester,”he averred.

Last year MBA II and III MPM students were shocked to learn the fine was on the board, on May 9. The fines were imposed in consideration of the cumulative participation from January to April. Students with a number of participants is less than 50 per cent of a fine, R 3500, while those with a number of participants between 50 and 60 per cent up coughing R 2000. Students with a number of participants between 60 and 70 per cent of the fine of Rs 1000

While disadvantaged students have a written complaint to the University of Pune authorities, on condition of anonymity, she déliré about the injustice of the fine. In its memorandum to the university, students have said that fixing fines against it was an aberration, inhuman and cruel in order to collect money under the pretext of lack of participation.

They calculated that the whole system of marking attendance was wrong and, although first a list of more than 90 students April was the final list of entries to 50 odd students. In highlighting the differences between the two lists, students have reported instances where a student, even if the USA, it was revealed that 26.67 percent attendance. Similarly, in the case of other students leave school during the first half, and not reporting for other classes, it was 9.38 percent a presence.

Pune, Jan 5: Scene I: A Balasubramanian, high-profile director of the prestigious Symbiosis Institute of Management Studies (SIMS), Pune, which is regarded as one of the best private business schools in the country, and flaunts a 100 — Position record percent Suspended after a student complains about what he agacés. He is a director and revolt finally recedes.

Scene II: The season is the placement. The Institute can not be without head and authorities to make a choice. Enter Mudholkar Ranjeet, 24, graduated in computer science and a student SIMS von’96 the classroom. A year after his separation from service graduation Mudholkar chucks his work with the Birla AMC Capital Limited, New Delhi and agrees with The Sims as director.

Gasp you like, roll their eyes and I wonder what went wrong. Thus, the child is soon rubbing shoulders with the management gurus and the top brass in the sector? Is he a genius or a boy, he is … SIMS is abuzz.

His courses are at a whisper in Art Gallery Mudholkar appointment, the rules we have not yet been violated because he was the unanimous choice of the symbiosis for the body, but some students and teachers are perplexed.

Indeed, Mudholkar academic record is not just World Class, sources say he was “ one of the best students .”“ One of his succès”touted round that Ratan Tata to participate in a seminar in Mumbai.

Few are under discussion. No student or teacher publicly criticized the new director. Indeed, the subject is taboo and there is a watchful eye on each eye, each time you question. “ Yes, it is a Go-Getter. It has big names on campus. Yes, it is in order, OK.”Mudholkar, but it is a “ type-of-Service”zu his alma mater. “ In fact, I am strongly with SIMS. Money plays no role,”he said. He prefers to call the discipline itself a soldier SIMS and said it is already in the momentum of things “.”

Taking the inter-regional integration efforts (for more trade and industry) on exporters’ level is the most important pillar of the new launched “Focus ASEAN (Association of Southeast Asian Nations) and 2 (Australia and New Zealand) “Programme of Ministry of Commerce, Government of India.

The new programme has been chalked out along the lines of programmes such as “Focus-LAC” and “Focus Africa ‘, which has proved fruitful.

India is the traditional export basket in the countries of ASEAN is composed of elements such as gems and jewellery, grain, chemicals, electronic goods and iron and steel, with no evil the demand on the route of a certain category of products. Events trade in this region of Engineering Procurement and Construction (EPCs) are in financial assistance from the government under the Market Development Assistance (MDA) Scheme.

India-exports to ASEAN countries reached $ 4.62 billion during the period 2002-03, from $ 1.63 billion in 1998-99. Currently, ASEAN is a dominant trading partner of India, for example accounting for 9 percent of total trade. Two avenues of trade is now $ 9.8 million, with a trade deficit of 0.5 billion dollars.

The main markets are India, Singapore (export refunds from India was $ 1.4 billion over the period 2002-03), Indonesia ($ 0.8 billion), Malaysia ( $ 0.75 billion), Thai country ($ 0, 7 billion) and Philippines ($ 0.5 billion).

During a recent workshop on the theme “Doing Business in South East Asia”, organised jointly by the Bengal National Chamber of Commerce and Industry and Capexil, in collaboration with the Indian Institute of Foreign Trade (IIFT), Mr. Samir Ghosh, Senior Vice - - Chairman of Capexil, there is an urgent need to improve economic cooperation between India and ASEAN countries by the work quickly on the path of an India-ASEAN Free Trade Agreement (FTA).

ASEAN countries, Mr. Ghosh, it may be regarded as one of the main destinations for Indian exports, reaching $ 30 billion by 2008, according to a recent study.

The ADB says Ghosh has forecast economic growth of 5.4 per cent by the year 2005 for the ASEAN region. While high growth is expected to Vietnam and Thai country, for the rest, it is likely to hover in the range of 4.5-5.5 percent.

Mr. Ghosh told Business Line that some ASEAN countries have made enormous progress on industrial and technological development, particularly in areas such as ceramics, glass and glassware, plywood and wood and rubber . The main products Capexil region of ASEAN are minerals, rocks, tires, glass, paper, electrodes, books and rubber products.

Requested the Council support programmes in the region, “said Ghosh including participation in trade fairs in Vietnam and Australia (Design Build in Melbourne, Australia), next to the buyer-seller meets in India and the ASEAN countries.

The Indian government must be their policy so that foreign direct investment up to 24 percent in small and medium-sized enterprises (SMEs), while ensuring better credit facility financing and technology for global competitiveness, industry experts said Wednesday.

Direct benefits of FDI have not durchdrang on SMEs “, Prabir Sengupta, director of the Indian Institute of Foreign Trade, said in a Workshop on Technology Financing for SMEs.

He proposed a revision of the current political DI-including the provision of foreign equity up to 24 per cent for SMEs.

Opening a workshop, Sengupta said the SME sector was important for the economy, because about one third of total Indian exports and 7.0 percent of GDP.

Draw the challenges of the industry, which accounts for 95 per cent of industrial units and employs more than 17.8 million people, Sengupta said small businesses should be cheap loans instead of grants.

In an era of globalization techno-brands to the internationalization of technology and the globalization of the economy, Sengupta said the training system must also be the development of the industry. In his speech, Senior Adviser Confederation of Indian Industries, YS Rajan, said while it is important for SME units-specific skills, they must also think globally and work on the world market.

Rajan, co-author of “India 2020 - A vision for the new millennium” with President APJ Abdul Kalam, said that the mere invention of a technology is not enough.

Similarly, it is important to say that technology in production and provide a delivery system, so it can be used, he said.

Under pressure from local industrialists who fear they are losing out to foreign competition, the Indian government is reviewing a number of free-trade pacts, including those pending with Thailand and Asean.

“Bilateral agreements having divergent standards with different countries may not help India remain competitive in the international market,” said R.V. Kanoria, a international trade expert with the Confederation of Indian Industry, a New Dehli-based trade group.

“Liberalisation of tariffs by the Indian government should be calibrated with internal reforms in labour, infrastructure and agriculture,” he said in an interview with the Bangkok Post.

In October 2003, India signed a signed a limited trade deal with Thailand that came into effect in September 2004. Under the so-called “early-harvest” agreement, which expires in 2008, Indian and Thai firms can freely import and export 82 items. The deal calls for tariffs to be reduced by 50 percent in 2004-05, 75 percent in 2005 and 100 percent in 2006.

Bilateral trade in these 82 items consequently doubled to US$430 million in 2005 from $217 million in 2004, with Thailand recording a trade surplus of $253 million.

The lopsided numbers soured the Indian business community, particularly the automotive components makers, and talks on a more comprehensive deal that would cover thousands of items has since stalled. Recently CII said it was working to modify existing FTAs and implement a new set of industry recommendations for future trade deals, while claiming that multilateral agreements under the World Trade Organisation would benefit the country more than bilateral agreements.

“Toyota, Honda and Procter & Gamble are the three multinational corporations that have benefited the most from the Indo-Thai FTA,” said Sharif D. Rangnekar, an economic analyst and editor of the Indiabiznews.com website.

He added that “these three companies find the logistics of doing business with India rather attractive because they have major manufacturing units in Thailand and find it easy to launch their products in India”.

Indian products, on the other hand, “don’t have a large market in Thailand even if they have the required certification,” Mr Rangnekar said, explaining that this is partly due to the fact that India’s population of 1.1 billion dwarfs that of Thailand.

Criticism of the India-Thai FTA has come from a wide range of sources, including industry groups, independent research think-tanks and columnists. In 2004, the National Council of Applied Economic Research slammed the pact, primarily because of the complicated issue of “rules of origin”. It also questioned if the “early-harvest” agreement is compatible with WTO rules.

Last year, India’s Ministry of Commerce undertook an impact assessment study of the limited trade scheme with Thailand, which analysed trade flows and drew inferences for the future. The Tariff Commission also submitted a similar study to the federal Department of Industrial Policy and Promotion in New Delhi.

The CII committee headed by Mr Kanoria will soon come up with guidelines for the Indian government to consider before negotiating FTAs. These are expected to include guidelines relating to negative list, common floor prices and rules of origin.

A survey by the Federation of Indian Chambers of Commerce and Industry (FICCI), one of the largest apex industry associations in India together with the CII, found in 2005 that imports from Thailand rose phenomenally under the limited FTA, while exports from India to Thailand actually declined.

Hugh Mullin is the bet that in three of the largest this year, the acquisitions is to contribute to its Putnam funds for growth and income outperformance of the Standard & Poor’s 500 Index for a sixth year right.

Procter & Gamble, Bank of America and Johnson & Johnson 7.6 percent of $ 17 billion Putnam fund’s biggest.

Mullin this year on its three plants the company, the purchase of Gillette, MBNA and Guidant, respectively.

“The resumption of mergers and acquisitions shows a little more confidence on the part of Chief Executive and it’s good for the market,” Mullin said in an interview from his office in Boston.

Putnam’s growth and profits funds was 2.3 per cent this year, Stand August 31, more than 1.9 percent before the S & P 500, including reinvested dividends. Mullin’s Fund rose at an annual rate of 2.9 percent from 1999 to 2004, compared to 2.3 per cent decline in the S & P-500.

Over the past five years, funds up to 50 competitors in the seventh Fund invests in a combination of U.S. companies above average dividends and above the average growth, according to data from Bloomberg. The Scudder Large Cap Value Fund, managed by Thomas Sassi, the top performer, rising at an average rate of 7.5 per cent.

Mullin, stocks, is about 3 ½ years, on average, try not deliberately companies operating in acquisitions. It tends to invest in companies whose shares provide low prices compared to turnover or profits projected.

P & G’s purchase of Boston-based Gillette, valued at $ 57.1 billion this year, office on the list of business acquisitions. American companies have announced, it is worth $ 687 billion, which is most strongly affected by year for acquisitions since 2000, Bloomberg data.

“These two companies really a powerhouse on a global scale, and they complement each other very well,” said Mullin, whose funds are 5.46 million shares of P & G on June 30.

Robert Bruner, author of “Deals From Hell: M & A lessons Rise Above the Ashes,” two aspects of the transaction increases concern. Payment of the reserve and the fact that the transaction comes at a time of renewed acquisitions increase the likelihood that P & G too much for Gillette, said Bruner, Dean of the University of Virginia’s Darden Graduate School of Business Administration.

“The mass of research suggests, mergers and acquisitions afford, but this is not pumping money,” said Bruner. “It is not guaranteed through the creation of value.”

Bank nation’s $ 42 billion purchase of Bank America in 1998, the train, what is now Bank of America, was a waste of money Deal for investors.

Enjoy yourself fallen in three of first four quarters after the agreement was concluded, since the company wrote off bad loans. The action has fallen by 25 per cent for three years until 2000, the S & P 500 has gained 36 percent.

Chennai: Chicago headquarters of the consultancy firm developing CGN & Associates Inc (CGN) and the symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune, have announced a strategic partnership.

The agreement is align CGN know-how with over the Supply Chain Management and management of the overall project vertical Symbiosis Centre. CGN of excellence in the conduct of curricula the USA plan TPI (Pacific Institute) for the CGN has exclusive rights in India. CGN all their activities in India by its subsidiary to 100 percent CGN IT Services. The company is testing a case based on a workshop with the real world, application of concepts and theory. “We are very curious about this venture in partnership with CGN, because this it is a dynamic interface for pupils and students with experts from industry,” said Prakash Waknis, Chief Learning Officer, Symbiosis Centre.

You can use your rural economies all false, for the purposes of the hinterland specializing in strategies to win the hearts and wallets of consumers village. The recent study by the marketing team and Research (MART), New Delhi and Management Development Institute (MDI), Gurgaon, offers an overview of unconventional techniques, we are on the path of increasing dissemination of consumer goods durable inside of India.

In addition to the use of Melas, mandis, haats and vans to decimate more information and awareness of the study identifies the mills agricultural, rural, tournaments, storage services and the creation of local mark as a vehicle ambassadorial effective communication.

The study, conducted in six districts of Uttar Pradesh and Punjab, said that agriculture Mills (sugar mills) are a good way for the future orientation of farmers during the high season. More than 200 tractors to visit a mill each day during this period, and farmers have long queues to offload their crops from the tractor and the accounts are settled.

Apart from the farmer in a cash-rich mentality, he has enough time and spare the details of the product hear and watch live demonstrations.

The study cites the example of a Hero Honda met regularly stands in agriculture mills targeted farmers. It also stands apart from factories and electricity, maps, where the product and profile of farmers / workers. According to the dealer, the creation of such a team it costs about Rs 1000 and it is able to target 1000 with a strong potential consumers.

The study also recommends the use of the Ambassador of the local brand, is the proper word on the technical product. Also, each village with over 2000 people, has a mechanic and electrician, repair services for electronic products in the sector and a positive image of the brand. The study recommends that companies maintain a good relationship with these local ambassadors of painting / Branding its business, and with it the free tools / gifts from time to time. “Your word has a much more for the village people,” says the study.

Another draught horse in the entertainment industry from hunger is the scenario rural / tournaments played between villages at regular intervals. For example, in Punjab, kabbadi tournaments, sometimes even NRIs on a large scale, drawing thousands of people and can be used efficiently, the awareness of the brand communication. The study recommends that companies not only in exhibitions in such places and sponsor of the event, but also the use of their products as prizes.

Promote the establishment of the distributors of free service for stocking their products would also build a reputation. “Given that most people in villages to consult their friends and relatives before buying a product, keeping customers happy and satisfied, would result in recommendations for more product and thus more number of business, “notes the study. He stressed that only a good Warm-Up advertising by loudspeaker 2-3 days before the creation of service camp, so that people in substantial numbers.

The study notes that these non-conventional methods, crucial for the penetration of RS 5,000-crore rural market of consumer durables, such as studies have shown that the scope of mass media in these areas is evil. A reader Ship National Survey (NRS), the study showed that the press reaches only 23 percent of consumers in rural areas, only 26 percent of film and television only 36 percent, to the need to arrive at new avenues