Friday, April 27, 2007

XLRI carrying out study for the Central Government

Hefty cash salaries likely to replace perquisites
Posted online: Thursday, April 26, 2007 at 0156 hours IST

NEW DELHI, APR 25: Central government employees may have to trade their hefty perquisites for heftier salaries. The Sixth Pay Commission is studying the feasibility of evolving a compensation package that would compensate all the benefits currently available in various government pay scales and sectors in purely monetary terms.

At present, government employees have a pay package that includes both a cash salary and perquisites.

Apart from a cash component, pay packages of most government employees also include a number of allowances as well as various benefits such as housing, transport facilities, telephones, leave travel allowances, pension benefits and rations.

The study is a part of a bigger study, which aims to estimate the total cost incurred by the government in compensating its employees in the form of cash, allowances and other benefits. It is being carried out by the Xavier Labour Relation Institue (XLRI), Jamshedpur, and is expected to be completed within four months.

If the government decides to accept such a proposal, the impact on its finances will be tremendous.

Only an increase in the cash salaries of its 5.5 million employees is expected to hike the government's annual salary bill by about Rs 20,000 crore, considering that the financial impact of the previous Commission was Rs 17,000 crore. The Central exchequer is expected to pay about Rs 41,557 crore only to its civilian employees in 2006-07.

The sixth pay commission is also examining other possibilities to change the pay and pension structure for Central government employees. It is also studying the feasibility of a performance related pay structure as well as looking up new pension schemes to in order to reduce the government's liabilities towards terminal benefits of its employees.

It is expected to give its recommendations by early next year.

From The Financial Express

Sunday, April 22, 2007

Sad Demise of Mr. VP Sinha 80PMIR Tata Steel

I just came to know about this... and am sad to inform that Viren P Sinha (80PMIR) expired yesterday after prolonged illness.
His cremation is today
May his family have to courage and equanimity to bear this loss

Friday, April 20, 2007

Summer Alumni Meets in India... Curtain Raiser :0)

well, nothing concrete as yet :(
(unless one makes this kind of announcement as a "curtain raiser" ;)
:0))... but just to update junta.
The Summer Interns of the 08 batch are settling down and planning to organise meets at:
Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, NCR...
...hopefully elsewhere also.
Am sending this mail to seek your help and support to make the alumni meets a memorable event for all of us... (after all, it is "Alumni" Meet after all - not "Summer Intern"'s meet for alumni)
Sitting on this side of Bistupur, I have connected them to some of the alumni in these cities who have helped/ supported them earlier..
as of now, to the best of my knowledge:
- in Mumbai, they are meeting some alumni on Saturday at at Cafe CoffeeDay at Carter Road at 6pm on Saturday April 21st
- in Blore, they are meeting the Blore Chapter team on Monday April 24th (venue and time to be decided soon)
- in Chennai, most likely a meeting will happen next week (my interpretation of PNS' mail to them)
so folks!.. let's get going... if you are a game to help them to do a good job (with organising, sponsorship, ideas, ... or whatever).. these are the people in your place you can contact (Alphbetically) - there are more of them, I am only pasting the numbers of those which I have:
Kuruvilla Kurian (96BMD):
Mansij Majumdar (08PMIR):
Dushyant Goyal (08PMIR):
Birud Shah 08BMD - CTS
Jhumur 08PMIR - CTS
Prayrita 08BMD - Standard Chartered
Kshitij Verma (08BMD) - at Delloitte
Rashmi Bajoria (08PMIR) - at Microsoft
08BMD, Piyush Chamria
08BMD, Shivi Gupta
08BMD, Vibhor Mittal
08PMIR, Ram Prasanna
08PMIR, Iqbal Ahmed
Jesal Doshi (08BM):
(there are 20+of them in Mumbai, and are meeting on Saturday with Anurag Srivastava 92PMIR, Akshaya Soni 99BM, and Alvin Raskina 07PMIR - at Cafe Coffee Day on Carter Road... join them,if you can)
Anuj Khanna @ Hay Group
Anumeha Sinha @ Nokia
Bineet Singh @ Amex
Neha Ramchandani @ HSBC
Ruchi Kohli @ Reckitt
Shamit Gandhi @ Coca Cola
Tanya Naik @
Richa Bakshi @
Rohit Manucha @
Divya Garg @
DISCLAIMER: some of the BM interns fall into "Gaon Mein Sabun Bech Raha Tha" category, so may not be able to acces your call or respond)
[The recent batches would be aware of this, but for those who are not aware of "Gaon Mein Sabun Bech Raha Tha" context - please download the Bodhi Tree GMD song from here:

Thursday, April 19, 2007

Two Articles by Xlers

Richard D'Souza's (70BM) article:
Prof Akshay Rao's (80BM) article on the Virginia Tech massacre:
A beautiful campus, grotesquely violated

Prof Akshay Rao's (80BMD) article on Virginia Tech

Last update: April 17, 2007 – 6:17 PM

Akshay R. Rao: A beautiful campus, grotesquely violated

Twenty-four years ago this fall, a year before Cho Seung-Hui was born, I joined Virginia Tech as a graduate student. The bucolic campus and its surrounding community was my first home in the United States and came to represent so much that I admire about this country.

Twenty-four years ago this fall, a year before Cho Seung-Hui was born, I joined Virginia Tech as a graduate student. The bucolic campus and its surrounding community was my first home in the United States and came to represent so much that I admire about this country.

The ramrod-stiff ROTC students as they marched around the drill field. The beautiful women who played with peculiar flat objects that I later learned to call Frisbees. My first set of eager students, who were simultaneously curious about my background (Was India a democracy?), my accent (Why did I say "chap" rather than "guy"?) and my credibility (Could I write them a letter of recommendation?).

That image of the most beautiful campus in the country, bar none, has been grotesquely violated by the obscenity of April 16. As I watched the horror unfold, I could not but think: Were it not for the culture of guns that pervades our society, would this have happened in such a macabre and horrific fashion?

I realize that the issue of guns (like many other issues) has become an incendiary political topic that distinguishes the right from the left, though I suspect that Republicans and Democrats alike were victims at Virginia Tech, have been victims of gun violence in the past and will be in the future. Most arguments against any sort of gun control start with the Second Amendment to the Constitution. So I looked it up, and here is what it says:

"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

Surely we can all agree that the first four words of the Second Amendment are an integral part of the "right to bear arms" conversation. Currently, there is no well-regulated militia. It is the right to bear arms that is the sum and the substance of the conversation. Any suggestion of "regulation" is perceived as a threat to the right to bear arms.

Perhaps we should also discuss whether the private ownership of guns will indeed protect society if the government decides to unleash its military might against the citizenry. And finally, we could discuss whether we want a society where everybody is armed, to protect the innocent individual, which will surely continue to result in horrors such as Columbine and Virginia Tech, or whether we want a society in which nobody is armed so that indiscriminate carnage never occurs again. I can't envision a middle ground that does not require considerable regulation, or is worth the lives that are cut short in such a monstrous manner.

Akshay R. Rao is General Mills professor of marketing at the Carlson School of Management. He received his Ph.D. from Virginia Tech in 1986.

Friday, April 13, 2007

XL Academic Tie-ups abroad - status and request

During last couple of years, XL has forged academic cum student exchanges with many universities abroad. Currently our tie-ups for academic and students exchange are with the following institutes:

- Asian Institute of Management at Manila (Philippines)
- Asian Institute of Technology at Bangkok (Thailand)
- EM Lyon Business School (France)
- Malardeen University (Sweden)
- Eichstätt University (Germany)
- Royal Melbourne Instt of Technology (Australia)
- Loyola Business School at Chicago (USA) &
- Victoria University at Melbourne (Australia).

Some others are in the pipeline, which may hopefully bear results in the coming months.

The reason for sharing this:
We are looking for similar tie-ups to increase the exposure for both our faculty and students. The tie-ups can be in the form of student exchange, hosting study tours, joint research/ programs, sharing courses, etc.

If you have any leads, I will be grateful if you can write to me.
and I will connect you with the concerned junta who are driving this initiative over here


Foreign soil for biz students

Foreign soil for biz students

Jamshedpur, April 12: Students from the premier B-school have done it again. After a successful run of placements recently, a record number of 21 students from XLRI would now walk into B-schools across the globe.

The students selected to represent XLRI as part of the foreign exchange programme would be joining the foreign universities in September once they return from their ongoing summer internship programme.

“The response we received from the international management schools has been overwhelming as 21 of our students have made it to the final slots,” said P. Venugopal, dean, academics at XLRI.

Once there, the students would enroll in a management-training programme in subjects of their choice for three months during which they would do a detailed study of the local industries and corporate sectors there.

Some of the univer- sities include the Royal Melbourne Institute of Tech- nology (RMIT), Australia, Asian Institute of Man- agement (AIM), Maila and Asian Institute of Technology (AIT), Bangkok.

“We went in for an aggressive policy from the beginning so that maximum students could be placed,” said Venugopal.

A part of the fifth seme-ster, this exchange programme is open to second year students in both business management and personal management and international relations.

Students are selected on the basis of academic performances, involvement in co-curricular activities and also how they can promote the ethics of XLRI and help in building cross cultural tie-ups between the two countries.

The marks obtained by the students there are later credited to their score at XLRI.

From The Telegraph

Tuesday, April 10, 2007

XLRI confers PGC on 123 students

XLRI confers PGC on 123 students
Posted online: Monday, April 09, 2007 at 0123 hours IST

JAMSHEDPUR, APR 8: Premier B-school XLRI, which had launched satellite-based management education for practising managers in 2002, conferred postgraduate certificates (PGC) in business management and human resource management on 123 such students here on Saturday.

According to Father N Casamir Raj, director, XLRI, though the classroom method of learning would continue, satellite-based education, which offers real-time virtual classroom experience, is helpful to those who cannot afford to leave their jobs to join a full-time course.

Around 675 students joined XLRI's postgraduate certificate programmes in 2006 and the figure is expected to double this year.

The popularity of the courses has made XLRI include West Asian centres like Dubai, Mascot and Bahrain in its satellite programme.

From The Financial Express

Thursday, April 05, 2007

March 29 meet at london

Hi folks!!
jThanks a ton, Reena for hosting the evening - and to all who could make it (in spite of the change in date). It was great fun to meet people after so many years... and thankfully, finding that they are still the same :)
Great pix, Arun!... like a true photographer you captured the moments from behind the scene.... folks! if you are interested in photography - and if I may coin the term "relevant phhotography" - please do visit:
he has a phenomenal portfolio...

(actually - thoda sa, in management jargon, "ambush marketing" - if you are interested in photography, you can also visit: :0)
It was a wonderful evening for me - hopefully also for those who came, too - and I returned back pretty energised even though I reached Oxford at 2am and 1C.
I have pasted the pix that I took from my camera below... please do have a look
Reena/ junta, I am enclosing the last update of XLers in UK/Europe I have (04)... thanks also, Reena, for agreeing to become the co-moderator of xlEurope (this groups was created by Jayanth of 00batch who is now in NUS Singapore, and yous truely who still holds the fort on the first floor above the Library Building at XL :0)... we need some local junta across the batches to manage the group and bring in people... any other help is most welcome
hope we continue to have similar meets
Annual Alumni Homecoming '07
Nov 17-18, 2007 (3rd weekend of Nov... that's fixed for years to come)
Venue: XLRI Jamshedpur
Any all alumni are welcome... the formal (or otherwise;0) announcement will reach you in due course... but do book your travel
Likely agenda would be like this:
From: Reena Dayal []

heelllloooo everybody...few important messages.

Madhukar/ Sir - lovely to see you this side of town and hear the updates from XL. thank you! (hope some of the discussions of the eve work out...)

Thank you all who made was great catching up. (the amount of booze left will fuel another meet i am sure!)

Please find attached pics to view, share, etc.(Enjoy...!)

Sorry to those who could not make it...we missed you.

...and yes lets plan another one...

Some of you suggested we plan a get together every quarter and those who can make it will make it...we'll try that out and see if it works...

Next one in end June/ early July (we can use the left over stocks of daru for sure!)

any thoughts anybody...any volunteers for hosting...?

thanks all..lets continue to be in touch.

cheers! reena

Big plans for B-school faculty - All at 25: Conducting satellite classes to introducing a course at XLRI

Big plans for B-school faculty
- All at 25: Conducting satellite classes to introducing a course at XLRI

Jamshedpur, April 4: Anybody who sees her working on her laptop on the XLRI campus would mistake her to be a student, but 25-year-old Sheetal Bharat is fast getting used to delivering lectures rather than attending them.

Sheetal, who completed her graduation from Sri Ram College of Commerce (SRCC), Delhi, and did an MA in development economics from the University of East Anglia, Norwich, UK, is today the youngest faculty member at XLRI.

“The rest of the faculty is much senior with PhDs. I am the youngest of the lot, yet to get a doctorate and, hence, a lecturer, not a professor,” says Sheetal, looking comfortable in her sprawling cabin at the faculty wing of the B-school.

Anybody would be curious to know how Sheetal managed to get a plum offer so early in her career. “It was last year that I started assisting Veena Paliwar, a senior economics professor here. Not only did I help preparing teaching modules but also attended her classes along with the other students. It was when she left that I was asked to replace her,” says Sheetal.

An alumni of Sacred Heart Convent and Loyola School, Sheetal considers her classes with Paliwar a learning experience. “During those days I had to teach a few students the basics of maths and economics. Gradually the word spread around when they did relatively well in their exams and one fine day I was asked to join as faculty,” recalls Sheetal.

Within her short span at the B-school Sheetal has conducted classes via satellite for two batches of XLRI students spread across the 56 centres in India. She also visited Dubai in November last year to conduct a two-month management course for working executives.

While taking satellite classes for the first time, Sheetal sure was a bit shaky, but found her ground soon. “The initial days of satellite classes were a little awkward because I had to speak to the camera. But gradually I got used to it,” says Sheetal.

What adds yet another feather to Sheetal’s cap is an elective course on development economics she has designed and introduced in the B-school.

“The entire structure and syllabus of this course has been made by me. I am already through with my first batch and would start my next session in June,” says Sheetal confidently.

Though at a young age, all the glories have not come easy. Daughter of leading city medicos R. Bharat and Vijaya Bharat, Sheetal has worked with many international agencies before returning to Jamshedpur last year. “I have worked with the Centre for Communication, Investment and Regulation (CCIER), Consumer Literary and Trust Society, International (CUTS) at Jaipur and Equitable Tourism Options (Equations) in Bangalore.

Sheetal has also organised an international seminar on the behalf of CUTS in Hanoi, Vietnam. “At present, I am also working on a research project with Jusco on water provision and pricing in Jamshedpur and have concluded another survey on 13 polytechnic colleges in Jharkhand for a state government project,” said Sheetal.

But is she a strict teacher? No, she smiles. “I am a friend to my students, most of whom are much senior to me. But when in class I try to maintain discipline,” she says. With so many experiences in her kitty, Sheetal will soon head to the US to pursue her PhD in California. “I have one more batch to finish before I leave for the States,” she signs off.

From The Telegraph

Sunday, April 01, 2007

51st Annual Convocation of XLRI

The 51st Convocation of XLRI Jamshedpur was held on March 31st, 2007 and 230 of the countries most brilliant minds received their diplomas in a glittering ceremony at the JRD Tata Auditorium. Mr. R. Gopalakrishnan, Executive Director, Tata Sons Limited was the Chief Guest on the occasion. In addition to the convocation ceremony, the prestigious Sir Jehangir Ghandy Medal for Industrial and Social Peace was awarded to Mr KV Kamath, MD and CEO of ICICI Bank. Mr Muthuraman, MD Of Tata Steel Limited and Chairman of the Board of Governors of XLRI delivered the Presidential Address.

Out of the 230 students graduating, 65 are from the Personnel Management and Industrial Relations Programme, 116 from the Business Management Programme, 44 from the executive Post Graduate Programme, out of which 2 students were awarded the prestigious title of Fellow of XLRI; and 3 were awarded the Fellowship in Human Resource Development by XLRI in association with the Academy of Human Resource Development, Ahmedabad.

Mr R Gopalakrishnan is a physics graduate from Calcutta University and holds a degree in engineering from the Indian Institute of Technology, Kharagpur. Other than being Executive Director of Tata Sons, he is also the vice-chairman of Tata Chemicals, the director of several Tata Group companies such as Tata Motors, Tata Power and Tata Internet Services, and serves on the board of two non-Tata companies: ICI and Castrol India.

Mr K V Kamath is the Managing Director and Chief Executive Officer of ICICI Bank. He is widely credited for making ICICI a financial powerhouse with global ambitions. Mr. Kamath has a degree in mechanical engineering and a master’s degree in business administration from the Indian Institute of Management, Ahmedabad. Mr. Kamath was named CNBC-TV18's “Outstanding Business Leader of the Year” in 2006, Business India's “Businessman of the Year” in 2005 and CNBC’s “Asian Business Leader of the Year” in 2001.

The Sir Jehangir Ghandy Medal was instituted by XLRI in 1966. Previous recipients of the Medal include illustrious names from diverse fields such as J R D Tata, Arvind Mafatlal, Holck-Larsen, Rajmohan Gandhi, V R Krishna Iyer, S Moolgaonkar, P N Bhagwati, V Kurien, Keshub Mahindra, P A Sangma, Jyoti Basu, N A Palkhivala, J N Godrej, Brijmohan Lall Munjal and M S Banga.

Party on 31st :: No party on 31st

Hello everyone,

The XL - IIMC post match party will now be on April 7; PLEASE send in confirmations to Murali.

We're not doing it on the 31st because:

a. Very few of the XL cricketers have confirmed attendance
b. Fewer folks from IIMC have done so
c. It is the last day of the year
d. It is a bandh in TN on the 31st
e. It is the XL convo and we're all going there
e. All of the above
f. None of the above

Take your pick. But be there on the 7th. Where? Murali will let us know!!



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