Sunday, December 31, 2006

XLRI's Global Consultancy Thrust

Jamshedpur, Dec. 29 (The Telegraph) :
After a successful run in the home turf as consultants for corporates, the B-school is pitching in for assignments abroad.

XLRI, a premier institute, is making an attempt to make optimum use of their visiting faculty members in Singapore and Dubai.

“Though it is tough, we will target small and medium enterprises in Singapore and the Gulf region,” says Father Casimir Raj, director at XLRI.

The institute is being proactive to sell “brand XLRI” to international corporate houses that are not very familiar with it.

Recently the director of the institute made presentations to companies in Singapore showcasing their experience in consultancy.

Facing competition against global consultants is an uphill task admits Father, but the institute will definitely be in the race, he adds.

Currently, companies approach the B-school for consultancy in organisational re-structure, either overall or in specific areas like human resources, finance and supply chain.

A team of faculty members with expertise in the area work on the project. And the fee charged is divided in the ratio of 6:4 between the faculty team and institute. Currently, the B-school earns about Rs 3 crore annually by providing consultancy.

The plan to rope in foreign companies has an additional advantage, besides profit, say professors. “Once we handle such a project in a multinational company, we will have hands on experience of dealing in a multi-cultural environment, and can add these inputs to our students,” says professor A.K. Pani, chairperson of information systems area and centre for e-business at XLRI.

Posted by Madhukar to XLRI Jamshedpur - News and latest Updates at 12/30/2006 11:13:00 AM

Saturday, December 30, 2006

Focus on Needs of Society - XLRI Alumni for revamping Syllabus

Jamshedpur, Dec. 27 (The Telegraph): Corporate honchos today emphasised on the need to develop a “socially responsible course” in B-schools.

Over 70 senior executives expressed this opinion while attending a panel discussion in XLRI on “Industry, global business trends and implications for B-school” organised by the alumni cell.

“There is a need to develop a comprehensive course structure keeping in mind the needs of today’s society. B-schools need to move from producing managers to producing social entrepreneurs,” said Rekha Menon, the executive director with Accenture.

Other panelists included Bijou Kurien, CEO of Reliance retail wing; Anita Modak from the Narsee Monjee Institute of Management Studies; C Selvan, Global Head of Innovations, British Petroleum; and Anup Kuruvilla, director (global loan products) of Salomon Smith Barney.

The session with the alumni was organised as a part of XLRI's initiative to review the syllabus and structure of its programs.

“We are in the process of looking into the curriculum (at XLRI). In fact, we are looking for a course structure that is in tandem with societal needs,” said Sharad Sarin, professor of marketing and general management at XLRI and the moderator of the panel discussion.

Posted by Madhukar to XLRI Jamshedpur - News and latest Updates at 12/28/2006 10:21:00 AM

Wednesday, December 27, 2006

A Breed Apart - A Story of 2 XLers

Why Some Execs Are A Breed Apart
Kunal Guha
(Economic Times, Tuesday, December 26, 2006)

When one starts off in the corporate world, they’re well aware of the ‘why’ and so the ‘how to’ follows. But after a couple of years, and hours of labour many lose sight of the ’why’. It all seems pointless and does not commiserate to the effort exerted. Even at this point, most people choose to sit back and suffer, while satiating themselves with the minor perks that their corporate life offers.

They lament, grieve and hypothesise about the sorry state of the world. But it is only a select few who take up a cause that infuses a new dimension of meaning to their lives. They do this knowing that their endeavours might not always bear fruit. But when you find a cause which could light up your soul and fill you with a feeling of vitality every single day- it goes beyond all rewards. We profile two such brilliant personas who have dedicated their lives for a greater cause- to serve humanity and fulfil themselves in the process.

The wind beneath her wings

After passing out of XLRI in 1988, Gargi Banerji did what most would do: she chased corporate success at Tata Consultancy Services. A couple of years down, she went on to do something which could again be safely called as a logical next step by moving out on her own and setting up a consulting firm- Prometheus with another XL-er and TCS colleague Sunil Pillai. Life was routine up until her participation in a path-changing expedition that took her across the length of the Indian Himalayas in 1990.

Having spent her childhood in the Himalayas, the call of the Himalayas had always been there, and this adventure ride catalyzed her to undertake work to address the growing degradation of the region in a more active manner. She began by trying to draw the attention of several NGO’s towards this neglected land.

But since most did not venture into the remote villages and high altitude areas, she decided to take things on her own hands and co-founded Pragya with Pillai in 1995, and has since then dedicated her career to addressing the issues of the Indian Himalayas and improving the lives of its indigenous communities. Pragya has been very successful in developing innovative solutions to problems such as depletion of medicinal plants, reducing water resources, lack of livelihood options. A recent Pragya initiative is addressing the problem of electricity in high altitude villages.

Banerji explains, “Normally, electricity is generated at a central point and then distributed. But many of the remote Himalayan villages can’t be reached this manner, and even those that are electrified, suffer power breakdowns lasting even upto 2-3 months. We have developed a mode of decentralised energy generation using renewable sources for local usage and have installed a solar wind hybrid system- a windmill and a series of solar panels – to light up a remote village at an altitude of 14000 feet. Being a modular system, it can help in electrification of all remote, unserviced villages.”

Why are you doing this?

One of the basic reasons one works is to impact the world with one’s work. In the corporate environment, you can at the most impact a few thousand people in the particular organisation and among its customer base. But in working for a social cause, you are able to impact an entire community and that is what has kept us enthused.

What have you gained?

There is tremendous learning and opportunity to be creative in this kind of work. In the corporate sector, the context is structured and solutions are standardised. But generating electricity for remote Himalayan villages is a wide canvas with not a line - a delight for one’s creative self! Besides, the satisfaction of bringing electricity to a farmer’s hut or for that matter, introducing a new cash crop to an entire valley, has to be felt, to be understood.

Teaching values to Generation Y

Ashraf Patel, another XLite from the batch of 1990, has a similar story. She was working with Escorts Finance, when the 1993 Mumbai riots took place. She was deeply affected by the state of affairs post-riots. Patel explains, “After the 1993 Bombay riots, I was disturbed by the polarisation of society which was affecting us very deeply. Communalism was moving to violence based on hatred that we had for each other and I just wanted to do something about it. So, it all started of with a desire to make people question violence and the repercussions of it and see the connection between self and society.”

Patel quit her job to launch Pravah, a New Delhi-based organisation that facilitates high school and college students to confront conditioned values and stereotypes, expands their awareness of social issues and gives them the leadership skills needed to tackle pressing social problems.

Why are doing this?

We are doing this because we have a vision of a society that we want to live in and the kind of society we live in today needs serious changes. Everyone has a role to play in it being a part of the larger community. If everybody says that someone else will do it then it will never be done. Non-violence, social justice and equity of opportunity are three values that I would want my society to imbibe. I have also been inspired by my volunteering days in school and college where I was actively concerned about social issues.

What have you gained?

There is a lot of learning about social issues and you are able to make an impact. What counts for us most is ,when for instance, young people take up a campaign as a result of our exchange with them. The idea is to create a sense of purpose and direction and a sense of community, and belonging to the larger world. Your message to management grads:

While you are studying management, you should keep your minds and eyes open and be aware of social issues around you. Securing a job should not be the only objective, we should all engage in social action. For me the solution would be that everyone, in which ever field they would be in, should be involved in social issues.

Sunday, December 24, 2006

Harsh Kumar (78BMD): MD of Mahindra Intertrade

Mahindra Intertade, a wholly owned subsidiary of the Mahindra Group, announced the appointment of Mr. Harsh Kumar as Managing Director. He had joined as Joint MD last year...

Mr. Harsh Kumar has had a distinguished career of over 25 years in various functions spanning manufacturing, marketing and strategic / project planning in reputed organisations. He has an excellent academic record with a B.Tech (Mechanical) degree from I.I.T. Delhi and a PGDBM (Marketing / Finance) from XLRI, Jamshedpur.

He started his career with The Indian Tube Co. Ltd. as a Management Trainee and moved on to Tata Steel where he was involved in diverse functions such as Marketing, Manufacturing and Supply Chain Management. Prior to joining Mahindra Intertrade, he was the Executive Vice President, Tata Metaliks Ltd., responsible for Marketing Sales, Exports, Business Development and Mergers Acquisitions

Posted by Madhukar to XLRI Alumni: Making News at 12/21/2006 07:15:00 AM

Thursday, December 21, 2006

22 Dec : Christmas Party for Alumni & kids in Bangalore

XLRI Alumni Association
Christmas Evening
To support
Christel House India
December 22, 2006 (Friday)
Timings: 5:00pm – 10:00pm
Venue: Bowring Institute (Hall Next to the Poolside)

This is an evening where the XLRI Alumni celebrate the joy of Christmas and share the happiness with the children of Christel House (A social Service organization working for the development of economically challenged children)

Agenda for the XLRI X’Mas Get-together:

5:00 Assemble
5:15 Snacks and Tea
5:30 Games
6:15 Carol Singing
6:45 Santa Arrives
7:15 Dinner (For children)
7:40 Wind up (For Children)
8:00 Bar Opens
8:15 Games for Adults
8:45 American Auction – Fund Raising for Christel House India
9:15 Dinner (Saxophone if club permits)
10:00 Wind Up

Minimum Cover Charge:
Rs.500/- per family of 4
Rs.400/- per family of 3
Rs.300/- per couple
Rs.200/- for singles

Individual Cheques for the cover charge including your additional contribution if any can be written in favor of Christel House India and the total amount is exempted from Income Tax (80G).

Confirmation to reach Roshni,
Event Co-ordinator,
5E Serpraise.

Tuesday, December 19, 2006

A fun picnic at Lodi Gardens!

Thanks to all of you who made it and made an XL alumni happen (outside the summer one!)....missed some of you who in turn missed pots of yummy food, dog and the bone, dumb charades, sunny chats, cricket with the kids and lots and lots of was amazing to see everyone connecting with everyone and for a change not needing to scream at the top of their voices...lots of warm smiles...and just the feeling of being chilled out on a sunny afternoon:)

Max turnout was from the batch of ' a thums up to them! (and this is inspite of them being lost finding their way;)

A special thanks to the batch of '69..we had two from among them with one more almost came:) Hari has volunteered a rooftop get-together on 23rd Jan on popular request those of you who were engaged this time don't miss the next one!

Cheers to the Delhi alumni spirit !


Sunday, December 10, 2006

XLRI to Teach Overseas

The Telegraph, Jamshedpur, Dec. 9:
XLRI is once again ready to cross international borders.

From next year, the B-school would extend its renowned satellite-based management programme beyond Indian shores.

Targeted at company executives and corporates, the course currently available in 30 Indian cities, would cater to international students for the first time.

“We have decided to begin with the satellite-based interactive distance learning programme by next year. Work is on to chalk out the details of the course based on industry demands,” said P. Venugopal, dean of academics at XLRI.

The course which would initially be launched across the Middle East would later be extended to Singapore and other areas.

Right now XLRI is using the network and services set up by Hughes Escorts Communications Ltd (HECL) under the brand name Direcway. A similar set up is likely to come up for the international programme as well.

This interactive programme is run on the satellite-based interactive distance learning technological platform and enables students from different locations to have a direct interaction with a central instructor.

The course also entails live broadcast video and two way audio and data interactivity.

The programme would initially begin with XLRI’s two flagship courses — business management and personal management and industrial relations — and would be extended to other faculties in the future.

“We are working on it and if feasible, we will extend this programme for specialised courses like logistics and supply chain management also,” added Venugopal.

From the Telegraph

Friday, December 08, 2006

Alumni Picnic in Delhi - Dec 16


Note:Please confirm attendance asap and circulate within yr batch egroups....

Hi friends XLers delhiites!

Chalo time to take a break and join in for some truly hair-down masti!!

Lets all jump into a picnic lunch to celebrate the new season and get Delhi rocking!

16th December 12 noon, on the lush green lawns of Lodhi gardens get out your cowboy hats and your gypsy skirts and lets get down to lotsa groovy fun!

Couples get your kiddos as tons of games are on the cards.....

Ummmmm and did we forget the food...No way! Time to test our culinary skills too....potluck with 2 extras
so we can look forward to loads of variety (and you don't get to taste slurp!! your own kitchen!!!)

So lets all spread the word around and add some XL colour to the winter.

Here's to the XL spirit! ( and those who can't join in with such advance notice MUST get their time management re-tuned).

Pour in your confirmations to Aneesh or me.


Monday, December 04, 2006

Madshuks goes partying internationally

Sunday, December 03, 2006

Party Time in Chennai and Singapore

Thanks to the initiative by Mustafa (85PMIR), Shantaram (90PMIR) and 'Rocky' Vijay Kumar (80PMIR), there were these 18-20 of us who met in Gandhi Nagar Club, Chennai on 21st December… the bandwidth was wide, with R Vankataraman (71BMD), Suraksha Giri (72BMD) and Vernon D'Costa (73BMD) at one end of the spectrum, and Tathagat Kumar (06BMD) at the other…

Some photos:

The 'infection' flew across Bay of Bengal and reached Singapore, and so a repeat happened on Dec 2nd at Wine Company (the name of the place is just appropriate for the occasion – thanks to Ramesh Ramakishnan (85BMD), Rajesh "Ciggy" Soundarajan (99BMD) for organizing this… besides the passerby like me, it also helped many who had recently shifted to Singapore to get connected….
… Given the fact, the invite went under a subject line "Jobless – and in Singapore" it was heartening to find so many jobless people at one place ;0)

Some more pix: Have a decko:

For me, personally, one of the many highpoints of this trip was the visit to National Univ of Singapore (NUS), where I spent an afternoon with Jayanth (y2K PMIR) who has recently joined the place as a faculty after his PhD from London Business School, and with Kulshaan (01PMIR) who also dropped in. Jayanth asked me if I knew a prof called Dr Ramadhar Singh… of course, I knew him – he had taught me in IIT/Kanpur. I knew that he had shifted to NUS, but thought that he must have retired. Apparently, I was wrong and Jayanth and he are working on a joint research paper. And so we went to meet him, and spent some time with him.

So here is the pix of 3 generation of profs… me, my teacher and my student…

Sunday, December 03, 2006

XLRI Organizes National Banking Symposium in association with ICAI

XLRI School of Business and Human Resources in association with the Institute of Chartered Accountants of India is set to stage the ‘National Banking Symposium’ (NBS) on “Risk Management Strategies for Banks” on 5th of December, 2006.

It will be the first time that XLRI hosts the National Banking Symposium. It is also the first time that XLRI and ICAI have come together for such an event. The event would serve as a forum for interaction between financial intermediaries and academicians and would also help to throw light on the critical issues faced by the Indian Banking regime in the present scenario. In addition, the symposium would also serve to understand the new dimensions of risk management in the Indian Banking sector space.

The event will see participation from various dignitaries from diverse financial domains spanning regulatory bodies, leading banks and consulting firms, who will enlighten the audience with their views on the Banking Industry. Some of the Speakers at the event are:

• Mr B.M. Mittal, CGM, Punjab National Bank
• Mr Kalyan Debnath, Executive VP, Peerless Investment Group
• Mr Mohan Bhatia, Sr. Principal Consultant, I Flex Solutions
• Mr B. Sekkizhar, FCA, Independent Consultant, Kenexa Technologies

The National Banking Symposium is being organized with the aim of propelling discussion on the themes of current relevance to the Banking Sector. In the light of the recent RBI regulations regarding BASEL II norms, the various risk characteristics of Indian banks become even more important. The specific areas which have been identified for discussion are Market Risk, Credit Risk, Operational Risk and Risk Management and BASEL II.

The event will see an audience comprising of Finance Professionals and Industry experts from across the country, faculty and students of XLRI and representatives from industries in Jamshedpur and Kolkatta.

16TH Annual JRD Tata Oration On Business Ethics

On the occasion of the 16th JRD Tata Oration on Ethics in Business, XLRI hosted Mr Subroto Bagchi, COO, Mindtree Consulting, along with Mr. Muthuraman, MD, Tata Steel. Mr. Bagchi spoke about integrity and defined it in extremely simple terms as ‘the opposite of dishonesty’. He felt that integrity is a very abstract concept and has an indirect correlation with the desire to succeed in life at all costs. Therefore, it is the intelligent urban mind which crosses the line of integrity rather than the primitive, rural and less affluent person who lives in a state of innocence.

In India, he believes, traditionally, it is the middle class which has been the protector of the genetic equivalent of the idea called integrity and it is they who have tried to pass this idea from one generation to another because they had to ‘uphold the values’. However, now it is the same middle class which lives in a scarcity mindset. From school seats to hospital beds to jobs in government offices, there is a scarcity which forces the person to devise ways to succeed at all costs.

Being intelligent, he convinces himself that what he is doing is right and thus, he soon becomes an expert at it. It slowly becomes a game for him, he gets addicted and it creates a high for him each time he gets the satisfaction of winning by ‘buying out’ someone.

Mr Bagchi’s speech was filled with interesting examples from his personal interactions with people. He failed to understand as to why well educated people, gave in to the disease of bribery and dishonesty and at the same time did not find anything wrong with it. He belonged to a family, wherein integrity was of foremost importance. The values and ideals imbibed in him by his father and the extreme honesty witnessed by him in his childhood have remained with him till date, as a result of which he has dismissed very capable and highly qualified employees from his company on the grounds of integrity.

According to the data collected by Transparency International, petty acts of bribery in India amounts to Rs. 21,068 crores which, if saved, consecutively for three years, can fund the Golden Quadrilateral Project which is of prime importance to India.
In Mindtree Consulting, they give a copy of the book ‘All about Integrity’ to new recruits in order to imbibe in them the culture of the organization and to ensure that integrity becomes a part of their functioning.

Mr Bagchi left us with some very insightful thoughts. He told us not to lose our morality, even if life mistreats us and we feel victimized. He also reminded us not to expect a rainbow at the end of the journey, just because we have led a life of values. There might be no cheering crowds, no festooned high ground and no decorations. However, in the end, all that matters is how we look at ourselves in our own eyes.

XLRI Hosts Panel Discussion as a part of IT Conference

“Business Innovation through IT: Myth or Reality?” This was the topic of the Panel Discussion held as a part of the ongoing National IT Conference at XLRI. Stalwarts from the industry – Mr. Shivakant Mokashi, CIO, TATA Steel; Mr. Debapriya Dasgupta, Director & Chief Architect, Cognizant; Mr. Kumbhkar, Business Consultant, TATA Technologies; Eminent Academicians – Mr. Sharad Sarin and Mr. Jeetu Singh debated the capability of IT as a source of sustained competitive advantage rather than just being a support tool.

Mr. Mokashi discussed about the history of IT and how large computations can be given simple solutions with its help. With the help of Sub-titles below the Chitrahaar songs, IT helped in increasing the literacy. Mr. Dasgupta stressed on Innovation Capacity which defines the percentage of money invested in IT which is used finally for innovation. One needs to serve the client in depth and make them understand how valuable is it to understand the customer and that requires one to be in the thought process of the client for innovation with IT. Mr. Kumbhakar discussed about IT as a conglomerate of ERP, word processing and web services. He also mentioned about the behavioural, economical and technical differentiation of IT business and also the use of IT as a tool. He also mentioned about the limitations of IT.

Prof. Sarin appreciated the use of IT in Marketing and its support in the fundamentals of Better Served-Better Choice-Better Informed customer. He gave example of WalMart, Asian Paints, HLL and American Airlines. But he criticised IT for not being user friendly. According to him, IT has not been fully used for Innovation. Prof. Jeetu Singh was the host for the discussion and made some interesting comments throughout. The panel was then open for questions from the audience who enthusiastically raised issues from different arenas of business world. Various arguments and counter-arguments were raised which resulted in a lively and fruitful event. Students from various B-Schools who are participating in the event felt enlightened after this discussion as NITS being one of the foremost IT conference across top Indian B-Schools.

Saturday, December 02, 2006

XLBang : Santa Needs a CEO

Hi Folks,

It's Christmas time again and we need someone to organise our annual Christmas programme, planned for Dec 15th.

What it takes: About an hour a day till the event and about 3-4 hours on the day before the event. We have all the processes, checklists & support systems in place but we need some enthu person to execute.

What you get: The joy and gratitude of lots of kids and their parents.

Let me know if you would like to run this year's show!

Ho ho ho! It's Christmas!


Tuesday, November 28, 2006

MR. S. Venkatesh, President HR, Vedanta Group visits campus

The CEO forum lecture series at XLRI attracts and invites luminaries of the industry and continuing with the conquest MR. S. Venkatesh, President HR, Vedanta Group visited the campus to share his views.

Vedanta Group is one of the leading India players in metal and mines industries. It started operations as Sterlite Industries (India) Limited in 1986 and is the only Indian company in this industry to be primarily listed on the London stock Exchange. The company has a global presence and has under its umbrella a gamut of entrepreneurial ventures, acquired PSU’s and foreign companies.

Mr. Venkatesh spoke about the metal and mine industry in India and the potential of the untapped resources. The high entry barriers to the industry leave a lot of responsibility on key existing players.

He also spoke about the difficulties in setting up an entrepreneurial venture and the challenges Vedanta group has to face. He noticed that integration at all levels and all times is one of the most important learning for a leader. Acquiring, integrating and turning around the companies has been the way to success for the group.

He was full of praise for their ethics, organizational structure and work efficiency in an organisation.

With a dream of making Vedanta group the fifth largest producer of metal in the world and creating employment opportunities for engineers in their field of expertise it is set to make great contribution to the Indian economy

Read the story in the Telegraph

XL Students sweep CRISIL Young Thought Leader Awards 2006

Of the 10 students awarded the CRISIL YOUNG THOUGHT LEADER AWARDS 2006,
four are XL students


Congratulations to all the winners. The winners for the CRISIL Young Thought Leader 2006 awards are : (please click on the name of the winner to view the full article)




Are Indian banks at the Cross Roads?

Nitin Dhawan

XLRI, Jamshedpur

If community participation is the answer to rural infrastructure, how can we encourage communities to contribute?

Rahul Singh

XLRI, Jamshedpur

Development of global credit default swaps market: Views on pricing credit protection correctly

Kaushik Choudhury

IIM, Kolkata

Is structured finance a panacea for financial markets?

Ramesh Narayanawamy

IIM, Bangalore

Export Competitiveness of Indian SMEs

Divya Sampath

SIBM, Pune

Indian Energy Sector - Should the government or market forces determine prices ?

Jasleen Kaur

XIM, Bhubaneshwar

Quantitative Measures of Operational Risk - Relevance and applicability for India Inc.

Saurabh Misra

XLRI, Jamshedpur

How attractive is high-end financial research outsourcing as a career option for MBAs/CAs?

Dr Amritpal Singh Bhohi

IIM, Ahmedabad

What will happen to corporate performance and economic growth if interest rates increase by 300 basis points over the next two years?

Kinjal N. Damania

IES, Mumbai

Given the quantum of personal income tax, and the costs of collection involved, does collecting personal income tax make economic sense

Madan Mohan

XLRI, Jamshedpur

8 Dec : Nandita Da Cunha's "The Magic of Maya"

In case you are in Mumbai around that time,
please make it to the launch of the book by

Nandita Da Cunha's (01 BM batch XLRI ),

'The Magic of Maya'

Friday, December 8th,
Crossword Bookstore,
Kemps Corner at 7 pm

Anil Dharker will launch the book, followed by a dramatic presentation of excerpts by Raell Padamsee's ACE Productions

The book has received some positive reviews so far. See:

and is already available at bookstores from this week onwards...

Sunday, November 26, 2006

R Ramakrishnan (82BMD), Exec President & COO, Bajaj Electricals in Germany

R. Ramakrishnan (82BMD), Executive President and COO, Bajaj Electricals was invited to speak at The Campus Symposium at Iserlorn, Germany on September 28 & 29, 2006 to a group of over 1000 German business leaders and Professionals.

Ramakrishnan spoke on "Tomorrow's India - Opportunities and Challenges". Other speakers included Mr Bill Clinton, Lord Chris Patten of Oxford (Former Governor General of Hongkong) , General James L Jones of NATO, Mr Rudi Weyler of Audi, Mr Abdul Aziz Al-Ghurair of Mashreq Bank, Mr M. Rudiger , CEO of Credit Suisse , Mr R. Groger , CEO of O2 and the German Finance minister amongst others.

Monday, November 13, 2006

Mini XL Meet at National HRD Conference (Nov 1-3, '06) New Delhi

During the recent 10th Annual National HRD Conference, held at Taj Palace, New Delhi, there were so many XLers, that an impromptu alumni meet got organised. There was an XL Corner during lunch, and some 40-50 junta (maybe more..., from batches ranging from '69 to '07 (there were 10-12 students who were sponsored by XL for the conference)...

here are some pix:

The highlight of the Conference was the Annual Award for Professional Contribution (Senior HR Professional category) going to Aquil Busrai (72PMIR), Exec Director (HR), IBM India

and the Young HR Professional Award to Mohit Nayar (95PMIR), Director (HR), P&G India.

Posted by Madhukar Shukla

XLRI to start "Social Entrepreneurship Trust"

From The Financial Express

Financial Express
Jamshedpur, Nov 12: Premier B-School XLRI is to start a ‘Social Entrepreneurship Trust' to train young aspiring people from the poor to start any enterprise.

Addressing the media here on Sunday, XLRI director, N Casamir Raj, expressed that the objectives of the trust is to develop entrepreneurs from the marginalised sections of the society such as the poor, the tribals, etc and also to help the tribals by imparting higher education.

The trust will support social entrepreneurial ventures as well as research, teaching and consultancy in the field. The idea of starting the centre was mooted last year. However, delay in taking the decision by the Jharkhand government, which had initially given its assent to being a partner in the project, had led to its postponement till now.

According to Bushen Raina, president, XLRI Alumni Association, money would not be a problem for the trust to mobilise, as several alumni of the B-School, are serving around the globe in various capacities.

NOTE: The Social Entrepreneurship Trust will be inaugurated during the Annual Alumni Homecoming (Nov 18-19, 2006) by Mr Francis Moloi, High Commissioner of South Africa.

Sunday, November 12, 2006

Summer Placements 2007 @ XLRI

Saturday, November 11, 2006

Summer Placements 2007 @ XLRI

  • Highest domestic stipend of Rs 2 lakhs, highest overseas stipend of USD 10,000
  • 67% percentage of students placed in Slot 1 over a span of 36 hours
  • New recruiters from the financial sector include JP Morgan Chase, Carlyle, Lehman Brothers, Deutsche Bank, American Express and Rabobank
  • 6 Overseas offer
  • 15 companies visited XLRI for the first time including Barings Private Equity Partners, Carlyle, Citi Financial, Deutsche Bank, Fair Isaac, Jonas Lang La Salle, Microsoft, Nokia, Rabobank and Tata HRLP.

    Press Conference
    The Summer Internship Program 2007 at XLRI Jamshedpur, School of Business and Human Resources, has concluded on a highly successful note. Companies vied with each other to select the 180 first year students, both from the Business Management (BM) and Personnel Management & Industrial Relations (PM&IR) courses.

    2 students signed out with JP Morgan Chase which offered the highest domestic stipend of Rs 2 lakhs. This was followed by the Yahoo and Hay Group, which offered Rs 90,000 each.

    As many as 6 overseas offers were accepted, including offers from Novartis in Switzerland, Muscat Finance, TAS and ABG.

    The Banking, Finance and Insurance sector saw a sharp increase in number of premier recruiters such as American Express, Deutsche Bank, Goldman Sachs Equity Research, JP Morgan Chase, Lehman Brothers, and Rabobank alongside regulars like AIG, Citibank, Edelweiss Capital, HSBC, ICICI Prudential, Standard Chartered Bank and UTI Bank. Private equity firms like Carlyle Group and Barings Private Equity Partners were also on campus for the first time. 25% of the batch opted for internships in the finance sector.

    IT Consulting major Cognizant (14) was the largest recruiter this year with the maximum number of accepted offers. Other major recruiters were Deloitte Consulting, Ernst & Young and IBM (7) and Dell, Hewitt and TAS (6).

    32 companies participated in Slot1 while 24 companies recruited students in Slot 2.

    Reflecting the growing brand equity of both XLRI’s Business Management as well as the top notch PM&IR programme, this year saw 17% of the batch opting for consulting profiles with premier recruiters like Accenture, Cognizant, Deloitte Consulting, Ernst & Young, Hay Group, Hewitt Associates, IBM, KPMG Consulting, Mercer and SAP America.

    XLRI’s proven track record as an FMCG favourite was reinforced by the active participation of top organizations – Asian Paints, Britannia, Cadbury, Coke, Colgate Palmolive, GlaxoSmithKline, Godrej, HLL, ITC, Marico, Nestle, P&G, Pepsi, Reckitt Benckiser and Seagram. 25% of the students signed out with offers from FMCG / Manufacturing firms.

    The new entrants in the IT / ITES/ Technology sector were Yahoo(1), Dell(6), Microsoft(4) and Nokia(3).This sector accounted for 19% of the batch.

    Major recruiters from business conglomerates included Aditya Birla Group, L&T, Murugappa Group, RPG and TAS with 24 students opting for them.

    According to Prof Uday Damodaran, Chairperson (Placement): "This year we have far exceeded the exacting standards that we had set for ourselves for the Summer Internship Programme. The numbers are there for all to see - the large number of companies participating, the number of new recruiters, the very high stipends, etc. But more than all that we are very happy that the major stakeholders in the process- the students and the recruiters- were extremely pleased at the outcome of the process."
  • Tuesday, November 07, 2006

    XLRI Students Team up with OLAM International for "Live Projects"

    PaGaL reports :

    BRIDGES, the student society for research and consulting at XLRI, has tied up with OLAM International to finalize a live consultancy project for devising an entry strategy for the cocoa powder market in India.

    The project is a path-breaking initiative by BRIDGES where students across multiple B-schools in India will collaborate to work on a single assignment. It is an attempt to tap the talent at these “islands of excellence” and form a geographically spread team that will work together.

    Two students each from XLRI Jamshedpur, FMS Delhi and NMIMS Mumbai have been selected to work on the project which will involve identifying links in the value chain, benchmarking processes and generating options for market entry. The team will interact with customers distributors in Kolkata, Delhi Mumbai to obtain market information and develop an action plan. The final presentation, to the management in Singapore, shall include a detailed discussion on the findings and a business proposal for entry into the Indian cocoa powder market.

    Olam International is a Singapore listed global and integrated supply chain manager that sources, processes, distributes, and markets select agricultural commodities in over 40 countries across Europe, North and South America, Asia and Africa. It is the world's largest player in cashew, sheanut and Robusta coffee markets and a significant global supplier of cocoa, cotton, rice, sugar, timber and sesame.

    Posted by Madhukar to XLRI Jamshedpur - News and latest Updates at 11/06/2006 01:06:00 PM

    Saturday, November 04, 2006

    Playing host to Swedish students

    Playing host to Swedish students
    - XLRI, a part of an international exchange programme

    Jamshedpur, Nov. 3: XLRI is abuzz with activities as this time the B-school is playing host to two students from Sweden as part of its international student exchange programme.

    These students were also a part of the dandiya and Diwali celebrations.

    Anna Jakobsson, an exchange student of Malardalen University, told The Telegraph: “After 14 days in India you really start to like the country and its people. Compared to Sweden, India differs in many ways, but most of it is good. It’s a big challenge to attend these courses because the language and method of teaching varies. I am looking forward to learn the Indian culture and its tradition during my three months’ stay at the B-school campus.”

    The two students, now already a part of the XLRI community, can be seen everywhere, from local markets and the cafeteria to the football field.

    They are also actively participating in projects.

    Niklas Larsson, a student from the same university, said, they underwent a rigorous selection procedure to participate in the programme.

    “Besides learning, the basic idea of such an exchange programme is to promote cross-cultural activities. Institutes like the IIMs and XLRI are looked upon with high esteem in Sweden. Particularly XLRI is known for its world class faculty in the personnel management and industrial relations (PMIR) course,” said Niklas.

    He is enjoying his stay on the campus where all the students are friendly and interested to know more about their country and university.

    Dean (academics) of XLRI, P. Venugopal informed, as a part of the exchange programme two students of the B-school, Khushboo Jha and Vivekdeep Gupta have been sent to Sweden in September this year, while four other students have been sent to Philippines.

    The Swedish students would be exposed to various outdoor activities during their stay at the B-school campus.

    Officials of the B-school informed that efforts are on to initiate similar student exchange programmes with universities in Australia.

    Officials of the B-school visited Australia last month and met top authorities of Victoria University and Royal Melbourne Institute of Technology for fostering a similar student exchange programme, said a source.

    Read the Story in The Telegraph

    Thursday, November 02, 2006

    Golden jubilee of kerala piravi on Campus

    as you all know, this is the golden jubilee of kerala piravi.. we are celebrating this in a big way on addition to the customary dinner for the whole college, we are also arranging a brunch... menu includes traditional mallu stuff like puttu, appam, idiyappam, chicken stew etc etc.... pinne dinner as usual mallu vibhavangal... the surprise element is an elephant with nettipattam... a humble endeavour to make sure everyone on campus knows which of the aXIs is the grandest host ;-) we will also have a cultural extravaganza including chavittunadagam by chinju.... finally to top it all, a mallu movie screening in the plush comforts offered by LH-1....

    will post pictures of the mallu day on yahoo :-) wish us luck....

    (BMmer batch of 07)

    Wednesday, November 01, 2006

    Orind Industries Chairman visits XLRI

    The latest luminary to visit the XLRI campus, as part of the CEO Forum lecture series was Dr Ravin Jhunjhunwala, Chairman, Orind Industries and Shashwat Group of Companies which is one of the largest refractory manufacturers in the world. Mr. Lakshmi Mittal has a 25% stake in Orind industries as part of a strategic alliance.

    Orind industries was one of the first Indian companies to set up operations in China in 1995 and Dr. Jhunjunwala is credited with creating the first Indian MNC. Today, Orind industries also has a manufacturing facility in Pittsburgh USA.

    The focus of the lecture was on Dr.Jhunjunwala’s experience in China, right from the difficulties in setting up base there to dealing with the cultural difficulties to his personal experience as a vegetarian.

    He spoke of the reasons to enter China as early as 1995. China taxes raw materials more than finished goods and that was one of the fundamental reasons, in addition to being more cost effective. Also the vagaries of setting up a joint venture made him set up an independent unit rather than having a joint venture with a Chinese partner.

    Dr. Jhunjunwala made some very interesting observations about Chinese culture, the different ways they have of handling business and he also dispelled myths regarding their narrow mindedness. He was full of praise for their ethics, organizational structure, work efficiency, and labor policy.

    He also spoke about his experience as an Indian and how Indians are perceived by the Chinese. He concluded his talk by giving some very insightful advice to the managerial aspirants about managing the Chinese way of handling things and that one of the main attributes required for a successful operation in China is having patience.

    Sunday, October 29, 2006

    Kriti @ XLRI

    Kriti is the annual inter-school cultural competition conducted by the XLRI sub-chapter of SPICMACAY (Society for the Promotion of Indian Classical Music And Culture Amongst Youth) for the schools of Jamshedpur. Kriti provides a platform for students to showcase their talents in Indian classical music, dance and other facets of Indian culture.

    Kriti 2006 was held on 28th October, 2006 at XLRI Campus. It comprised of three events, namely, Indian Cultural Performance (a group event for students of Class 8 and below), Rangoli and India Quiz (for students of Class 9 and above). 6 schools participated in Kriti 2006. About 65 students took part in the events.

    Kriti was started as an annual programme from last year (2005) onwards. Kriti 2005 saw the participation of 5 schools and around 70 students. The events held were Indian Cultural Performance, Rangoli and India Quiz. DBMS School emerged overall winners of Kriti 2005.

    The winners of individual events were awarded medals. Little Flower School emerged overall winners of Kriti 2006.

    Saturday, October 28, 2006

    Royal Challenge Friendship Meet Pics

    You can see the Royal Challenge Friendship Meet 2006 pics at:

    Thanks to Tuhin Ghosh & Shebu Raphael for the pics. If you have your own pics, which you would like to share, please email them to me.

    Thanks again to our sponsors:
    - Royal Challenge (McDowell's - United Spirits)
    - SAP India
    - Kingfisher (UB)
    - Mandovi Motors (Maruti)

    Credit also need to be given to Shebu & K Ram from Marlabs for the free caps and key chains.


    Sunday, October 22, 2006

    XLer in News: Anuradha Vijayakrishnan (98BMD)

    This makes her the 2nd literary star from the batch of 98 - the other being S Minsthy, IAS
    congrats!.. way to go :0)
    her story, Narayani's Journey in NW 14 can be downloaded from:

    It's Written In The Stars
    A banker who wrote in the small hours. And how one meeting changed her life.
    Like most of his discoveries, David Godwin's latest find found him, rather than he finding her. Kochi-born Anuradha Vijayakrishnan, a 32-year-old banker from Chennai, was an occasional scribbler till then, publishing her poetry and short stories wherever she could. But she landed up one day recently at Godwin's London office wanting to meet the legendary agent. Luckily for her, he was in town and available. They met. She showed him a short story she had just published in an anthology of New Writing, NW 14, that the British Council had published along with Granta. And told him she had written a novel. Godwin asked her to e-mail it to him. "I get a lot of manuscripts on e-mail. I read them all conscientiously but there is very, very little I actually like. This I liked," says Godwin. From a South Indian banker trained in Carnatic music, Anuradha suddenly finds herself with a golden future as a writer.

    Anuradha is the 60th author and the sixth Indian to enter Godwin's select agency. An editorial makeover was perhaps the first perk. She is currently brushing up her novel about a girl who commits a murder. Like all his finds, Anuradha is an improbable candidate who will soon join the world's literary firmament: she has a degree in chemical engineering besides an MBA from XLRI, Jamshedpur. She stole time after working in Citibank well past midnight to write her novel. Watch out for India's next litstar to shine across the world sometime next year.

    Anuradha Vijayakrishnan's Profile

    Anuradha Vijayakrishnan, working with Citibank in Chennai, was born in Cochin in 1974. She has a Bachelor?s in Chemical Engineering and an MBA from XLRI, Jamshedpur. Her interest in literature stems from her culturally oriented family. She has also received training in Carnatic music. Her poems have been published in Femina (1995) and in the anthology Voices in time (Poetry Society of India, 1995), and her short story in Indian Literature (2002). Her short fiction Narayani's Journey has just been selected for inclusion in New Writing 14, an international anthology from British Council and Granta. She is married and has a one year old daughter.

    Wednesday, October 18, 2006

    Royal Challenge Friendship Meet Results & Credits

    Fellow XLBangers,

    We may have lost the Royal Challenge Friendship Meet but we made a
    lot of new friends in the process, which is why it was called
    "Friendship Meet" in the first place.

    A big thanks each one of you who trekked over bad roads to make it
    for the event. Also thanks to our sponsors who made this event a
    - Royal Challenge (McDowell's - United Spirits)
    - SAP India
    - Kingfisher (UB)
    - Mandovi Motors (Maruti)

    IIM-C won in Football (5-6), Cricket (we made 85 in 15 and they
    made that in 14.2 overs with 5 wickets in hand) and raising
    sponsorships. Quiz & attendance was tied. Volley was cancelled
    because of poor light.

    Overall: IIM-C won.

    While we brought in Bodhi Tree from various cities to have a
    great musical event after the sports, IIM-C brought in their best
    sportsmen from various cities to beat us at the task at hand. Talk
    about focus!

    Thanks to the guys who made the event happen:
    - Satish Venkatachaliah and the whole XL team at SAP for the
    continuous and unflinching support they give us
    - Sanjay Anandaram from IIM-B and a very well renowned VC who
    organized a really fun quiz
    - David D'Costa for the inspiration and pushing the idea to light
    - Titto (John Idicula) for lots off coordination and sponsorship
    - Srichu (Sricharan Muralidhar) for single handedly manning the
    bar all night! What a great job!
    - Rajesh Ranjan, Arun D'Silva and Muthukumaran N S for
    coordinating cricket, football and volleyball respectively
    - Arun again for organizing the venue
    - George Ollappally for the contacts, guidance, and help with PR
    - Vikram Rao & Madura Garments for the great Louis Philippe
    T-Shirts which went to all the players
    - Swati, Muthukumaran's daughter, for handing the registration
    - IIM-C guys for all the sponsorship, support, PR and
    coordination they put in

    We'll get them next time!



    Tuesday, October 17, 2006

    Dadu's new look

    Asterix, the Entrepreneurship Cell of XLRI , has taken up the project of reviving Dadu’s…

    …and hence we see the Dadu’s beautifully painted by the well wishers of Dadu’s…way to go guys!!!

    Monday, October 16, 2006


    Dipta reveals the secrets of nicknames of some of the Jalebi batch !!

    Excerpt from Calcutta Chromosome

    Basically, there are three broad reasons behind the naming –
    (a) Mutilation of name / surname
    (b) Schoolboy cruelty towards physical attribute
    (c) Tangential rendition of behavioural trait

    All Bengalis and South Indians go through a shortening – but they are generally in the realm of logic. Shivaramakrishnan, Venkataraman and Tridibendranarayan get shortened to Shiva, Venky and 3D respectively. However, in a few recent cases, the Venkataraman got shortened to Chicken as well. (Venky’s Chicken – for those who are taking some time to charge their batteries!).

    Some of my mates were not too thrilled with Dipta – and inexplicably enough, started calling me Deepa. But thankfully, the basic letters remained common.

    As for surnames, lots of Chowdhurys have to live as Chow. All the Zachariahs of the world are rechristened Zac the moment they leave home. A Velankar has to make do with Velu. And Talapatra has to manage with Talu. (One Ms Talapatra I know was called Talumein because of the proximity of a Chinese joint near our college at that time. She never had a special liking for the soup!)
    Sometimes, surnames are not changed. They are simply invented. It was once felt at a drinking session that our very handsome friend – Mr Vineet Singh – had too short a name to be impressive enough. So, we appended a Solanki to it. Why? Well, Vineet Singh Solanki does have a regal air about it. We affectionately called him Solu, though. (On a connected note, the 6’ tall Vineet’s family hailed from Bihar. So, we occasionally referred to him as A Tall Bihari!)

    Topper: He was the archetypal intelligent, idealistic Bengali – and modest to a fault. He dug his own grave by topping the toughest course in B-school (which was a Quantitative Techniques course, taught by another intelligent, idealistic Bengali). And he became Topper. In fact, now some friends call him Topu. Talk about nickname of a nickname!

    Chacha: My roommate from B-school. His full name was Gaurav Narasimhan, the latter of which was shortened to Nara and then anglicized to Narrow. The Narrow meandered between the correct pronunciation and Narroo – and one fine morning, he became Chacha Narrow (Narroo – Nehru, get the connection?). And eventually, only the Chacha was left! Of course, he was old beyond his years and that helped the name to stick!

    XLRI Student bags CEO Post

    XLRI student bags CEO post
    By News Service
    Published: October 16, 2006

    Nandamudi Sunil Kumar, a student of the present batch of XLRI's one-year GMP programme has bagged the post of the CEO of ABN AMRO Foundation. The salary figure stands undisclosed but there are rumours at the XLRI campus says that it is one of the highest so far from any B-school student.

    Sunil has rich industry experience of over 19 years working with NABARD in various branches in Hyderabad, Mumbai and Bhubaneshwar. He was an AGM in NABARD at the time he joined GMP programme this June.

    The interview process for the post of the CEO happened in Mumbai and lasted several rounds. In the end it was Sunil's relevant industry knowledge and experience and his GMP education that settled the matter in his favour. In Sunil's words, "The industry has a very good perception about one year programmes and the industry has started looking for people with the profiles and expertise that one-year B-school programmes are offering".

    The ABN AMRO Foundation was set up in December 2005 as part of the bank's commitment to foster sustainable development.

    GMP is an accelerated programme which caters to the ever growing demand for business leaders who are well equipped to be operational from day one. The current batch of GMP at XLRI has 55 students with an average work experience of six years drawn from IT, Finance, Marketing and Operations backgrounds.

    XL beats IIMA at IIMB Fest

    XLRI wins TATA Boardroom Wars

    The Team from XLRI won the prestigious TATA Boardroom Wars, held at Vista, the flagship festival of IIM-Bangalore. The runners up were the team from IIM- Ahmedabad.

    The event, which was spread over a span of two days, 13th and 14th of October, was the first of it’s kind, where students occupied places on the Board of Directors of a multi-billion dollar automotive company, were given simulated business issues, and were expected to run the entire company on their own. The contest proposed to settle the age-old question of which B-school produces the best managers!

    The team of 6 from XLRI, which included Tony Navin, K Sandeep, Mansi Bhatnagar, Dhruv Laroia, Daksh Pratap Singh and Maanvardhan Baid, were asked to handle every aspect of the company for a period of 5-6 years, in the setting of the highly competitive, evolved and intense European Market. It required them to analyze situations and take real-time decisions as the board of a company.

    The first prize included a cash reward of Rs 1,00,000. The event incorporated situations covering problems in raw material sourcing, capacity planning, warehousing, manufacturing, distribution, marketing, and finance. The decisions the teams took demanded knowledge of pricing, production, R&D, expenditure, economics and finance. The final decision was made by a trial by fire: the elite panel of TATA managers, who ensured that only the best survived.

    Sunday, October 15, 2006

    XLRI and ISM to Study Illegal Coal Mining

    Financial Express (OCT 14):

    The Indian School of Mines (ISM) and XLRI, Jamshedpur will jointly conduct a study to assess the problem of illegal mining in West Bengal and Jharkhand, that had led to accidents and deaths in the past.

    The study would assess the number of illegal mines and total coal reserves and see whether it is possible to run them on a cooperative basis, Coal India Ltd chairman Partha S Bhattacharya said here on Friday.

    As per the recommendations of a high-powered committee looking into illegal mining, headed by the Union minister of state for coal Dasari Narayana Rao, the two institutes would conduct the study, he said.... The two institutes would give their suggestions as to how the problem of illegal mining could be tackled.

    Turning to the problem of wet and inferior quality coal supplied by CIL subsidiary, Eastern Coalfields Ltd to power plants in the state, Bhattacharya said due to heavy rain in late September, coal pithead and sidings were inundated.

    “But it was a temporary problem,” he said. Bhattacharya pointed out that the Kolkaghat thermal power station in the state required six rakes of coal daily but it faced shortage of storage capacity. The power plant would not have faced any problem, had there been a 15-day coal storage capacity, he added.

    The CIL chairman also sought the intervention of the chief minister for evacuating two lakh tonne of coal at Salanpur.


    Professor News

    New Joinees :
    Prof Gloryson RB Chalil
    Who joined XL in the Organisational Behaviour Area

    Prof Munish Thakur
    Who joined as a faculty in Strategic Management Area

    Book Publications :

    Prof S Jayapandian
    Accounting for Managers: Effective Techniques for Decision Making
    Ane Books India

    Fr PT Joseph, S.J.
    EQ and Leadership
    Tata McGraw Hill Publication

    Also :
    Prof Madhukar Shukla joined the Advisory Council of "University Network for Social Entrepreneurship" - a common platform of academics created by Univ of Oxford and Ashoka. The Advisory Council consists of 24 academicians across the globe from Oxford, Harvard, Univ of Colorado, AIM Manila, Cambridge, London Business School, Univ of Sao Poulo, etc… and from XLRI!

    Saturday, October 14, 2006

    XL loses 6 Students

    In the Meanwhile at XL…

    XL has lost 6 of its students… at least for this term. Two have gone to Malardalen University, Sweden, and four to AIM, Manila, on the student exchange program…. The gain has been the arrival of Niklas and Anna from Malardalen Univ, who will be at XL till December. Their observations:

    Anna: After 14 days in India you really start to like this country and its people. Compared to Sweden, this country differs in many ways, but most of it is good. It’s a big challenge to attend these courses. There is a new language and a new way of teaching. I think that I will grow as a person towards success in life by being here. I am looking forward towards the following weeks at the campus and hope that I will get some new good friends… Thanks

    Niklas: The way I have been welcomed here on campus I don’t know if any exchange students have experienced anywhere. I spoke to Anna about the issue and the conclusion was that not many exchange students would meet with this. We have been invited to dinners, we have been showed the surroundings and we have been to town. As I understood this was the first year there were exchange students on XLRI and of course you have to face some problems but I have to take this opportunity to thank all the persons who helped me, in the beginning of my stay.

    It feels great to walk around on campus and everywhere there are people who say hello to you and stop and speak with you and ask questions about Sweden, yourself and your university. Thanks to that, after a week, I already feel like a part of all this and I’m looking forward to an autumn with lots of new friend and new knowledge… Thanks for all

    Friday, October 13, 2006

    Delhi : Picnic Lunch on 16th December !!!!

    Hi friends XLers delhiites!

    Chalo time to take a break and join in for some truly hair-down masti!!

    Lets all jump into a picnic lunch to celebrate the new season and get Delhi rocking!

    16th December 12 noon, on the lush green lawns of Lodhi gardens get out your cowboy hats and your gypsy skirts and lets get down to lotsa groovy fun!

    Couples get your kiddos as tons of games are on the cards.....

    Ummmmm and did we forget the food...No way! Time to test our culinary skills too....potluck with 2 extras so we can look forward to loads of variety (and you don't get to taste slurp!! your own kitchen!!!)

    So lets all spread the word around and add some XL colour to the winter.

    Here's to the XL spirit! ( and those who can't join in with such advance notice MUST get their time management re-tuned).

    Pour in your confirmations to Aneesh or simply say YEAH Im on! on a mail to me


    Thursday, October 12, 2006

    Corporate Governance Truths

    From The Telegraph

    As a part of the CEO forum programme that XLRI has recently undertaken, Sanjiv Bhasin, CEO and MD of Rabo India Finance interacted with students on October 7 on the campus premises.

    The topic of his presentation was corporate governance and how it effectively brings in more transperancy in the company’s management.

    Being an alumnus of the 1977 batch of business management, Bhasin build a strong rapport with the students during the programme.

    Taking real-life examples from the corporate world, Bhasin went on to explain the importance of corporate governance as an effective tool that sustains a company in the long run.

    And he encouraged us, the students, to be pro-active and enquire about a firm’s corporate governance policy before signing on the dotted lines.

    His talk also threw light on the various standards of corporate governance both in India and across the world.

    Anubhav Singh,
    XLRI School of Business and Human Resources, Jamshedpur


    Posted by Madhukar to XLRI Jamshedpur - News and latest Updates at 10/12/2006 09:21:00 AM

    Corporate governance truths
    A students raises a question at the CEO Forum held at XLRI on Saturday. Picture by Bhola Prasad

    XL-IIMC "Friendhship Meet" in Blore, Oct 14th

    The XL-IIMC Friendship meet is happening among the alumni of the old rivals in Bangalore on 14th Oct.
    (if you are not in Blore - pass this to you XL contacts in Blore)
    SPT Sports Academy
    198, Kodathi
    Sarjapur Road
    (after Wipro Corporate Office)
    Bangalore 560 035
    (ph: 080 - 5698 6296)
    single/couple/family - respectively - Rs. 200/300/400
    Cricket: 10 overs a side, tennis ball, regular boundaries, 11 member teams - 1600 to 1730
    Volleyball: Six to a team,3 sets of 15 points each - 1700 to 1800 hrs as the court is not floodlit.Also the court is sandy,as in beach volleyball.
    Footer: 5 a side, unlimited substitution, 2 sessions of 15 minutes each, with a 10 mt interval - 1920--2000hrs
    Quiz runs concurrently from 1900 to 2000hrs and also scores 1 point. So there will totally be competing for 6 points, and a tie is possible.
    All scoring event participants get free T-Shirts
    Fun games like lemon and spoon and other games like sack race, pillow-fight will run concurrently from 1630 hrs and will be aimed at the portly, spouses and kids.
    Music from 2000hrs: Deejay.
    Live music from 2130 hrs or as per popular demand.
    Tea and beer will be served from entry time.
    Bar opens at sundown: 1830 hrs
    Dinner from 2030 hrs
    If you are around & quiz or play any of these games, get in touch with
    David D'Costa
    Rajesh Ranjan
    Chandrashekhar Sridhar

    Here are the details of The Royal Challenge XLRI - IIM-C Friendship Meet.

    Highlight: We need to BEAT THEM!


    - Sponsors
    - Events
    - Charges & Registration
    - We need your kids help for registration
    - Cab Pick Up
    - Venue Directions & Map
    - Dinner for drivers


    This event is made possible by our gracious sponsors.

    - Royal Challenge (McDowell's)
    - SAP India (as usual!)
    - Kingfisher Beer (UB)
    - Mandovi Maruti Motors (Get test drives of the Swift)


    Registration starts at 3:30 PM and the Cricket starts at 4:00PM SHARP, we are fighting daylight availability for the events.


    1. Cricket -- 10 overs a side, tennis ball, regular boundaries, 11 member teams - 1600 to 1730 hrs

    2. Volleyball -- Six to a team, 3 sets of 15 points each - 1815 to 1915 hrs

    3. Footer (Floodlit) -- 5 a side, unlimited substitution, 2 sessions of 15 minutes each, with a 10 mt interval - 1920 to 2000hrs

    4. Quiz by Sanjay Anandaram from 1900 to 2000hrs

    Fun games like lemon and spoon and other games like sack race, pillow-fight will run concurrently from 1630 hrs and will be aimed at the portly, spouses and kids.

    Deejay Music from 2000hrs
    Live music from 2130 hrs or as per popular demand.

    Tea and beer will be served from entry time.
    Bar opens at sundown--1830 hrs
    Dinner from 2030 hrs

    Charges & Registration:

    Single/couple/family - respectively - Rs. 200/300/400
    If you're an Xler and your spouse is from IIM-C - FREE ADMISSION!

    Beer/Alchohol – Rs 25
    Snack/soft drinks - free

    Please register

    Kids help required for registration

    We need the help from your kids. Preferred age: 15
    We pay 500 bucks to man/kid the registration counter from 3:30 to 8:30 PM
    Let me know by tomorrow if your kid is interested. We have only 6 openings.

    Cab Pick Up

    We will have 2 cabs running from outside St John's Main gate to the venue. The Indica cabs will have our placards in the windscreen. Drops are from 3:30PM to 8:00 PM. We advise you to come back to Koramangala with friends as cab availability late in the night will be iffy.


    SPT Sports Academy
    198, Kodathi
    Sarjapur Road
    Bangalore 560 035
    Ph: 080 - 5698 6296
    After Wipro Corporate Office turn right after the railway crossing.

    Dinner for drivers

    Please ensure your drivers DO NOT eat dinner at the venue. There are restaurants nearby which serve dinner. Consumption of beer/alcohol for all drivers/domestics is also not allowed.

    Call me if you have any questions.



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