Saturday 6 February 2016

Press Release:BSE Institute Ltd announces launch of new zone for startups

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MEDIA RELEASE
BSE Institute Ltd announces launch of new zone for startups
Mumbai, February 4th 2016: BSE Institute Ltd, a wholly owned subsidiary of BSE Ltd, announced the launch of a new accelerator for startups. This accelerator is housed in the iconic P. J. Towers the home of BSE, Asia’s oldest and the world’s fastest stock exchange. 
This has been setup as a technology based incubator under the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India. Zone Startups India is the only stand-alone accelerator program in India to be accredited this support.
Speaking on this occasion, Ambarish Datta, Managing Director and CEO, BSE Institute said “At the BSE Institute, we are happy to participate in the startup India initiative through this venture. This is a true nation building activity, since in addition to providing a platform for budding startups, we also contribute to job creation through the hundreds of jobs and internships at the startups that we are mentoring in our accelerator.   ”
This initiative is in line with the startup India mission envisioned by our Honorable Prime Minister Sh. Narendra Modi. With India becoming the youngest nation in the world, job generation is a critical priority and the startups emerging from this zone will support job creation. The startup zone will also be a major innovation hub that will evolve technology based solutions to address a gamut of business challenges.
This momentous occasion also marked the completion of 2 years of successfully mentoring over 66 successful startups in India. The occasion was graced by a ministerial delegation of Kathleen Wynne Premier  from Ontario Canada. The delegation included Honorable Michael Chan, Minister of Citizenship, Inmmigration and International Trade, Honorable. Brad Duguid Minister of Economic Development, Employment and Infrastructure, and Dipika Damerla, Associate Minister of Health and Long-Term Care.
This accelerator, is setup by BSE Institute in collaboration with Ryerson Futures Inc (Toronto) the technical arm of Ryerson University from Ontario, Canada.
The key objectives of Zone Startups India is:
·         To focus on scalable, technology start-ups (both enterprise and consumer) 
·         To recreate in India the successful model of the Digital Media Zone (DMZ) - Ryerson's flagship program in Toronto; operational since 2010 & incubated over 150 start-ups. DMZ ranked #1 university led start-up incubator in Canada, #1 in North America, and #2 globally by the University Incubator Network.
 
 
 
 
Warm Regards,
 
Richa Powale
Financial Services

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Press Release: IIHMR University invites applications for MBA Rural Management

Editor’s Synopsis:
 
·       Opens up new career avenues in the Corporate Social Responsibility Segment
·       Students offered a pay package between Rs. 4 to Rs. 6 p.a
·       WHO Collaborating Center for District and Primary Healthcare in the State of Rajasthan
·       Companies such as Gujarat State Watershed Management Association (GSWMA), Rajasthan Rural Livelihood Mission, Rajeev Gandhi Foundation, Foundation for Ecological Security (FES), Reliance Foundation and others visit the campus for the past years
 
Jaipur, Februray, 2016: One of the globally recognized and leading healthcare research organizations’ of the country, IIHMR Universitys’ School of Rural Management is inviting applications for a two year full time course- MBA Rural Management . The course has a total in take of 30 students.   The course is designed to prepare professionals managers with requisite skills for managing rural development organizations, both in the public and the private sectors, and to meet the rising demand for quality of rural and development sectors.
MBA Hospital and Health Management is a flagship course of IIHMR University. This program program aims at preparing professionals for a challenging career in rural management for public and private sectors, Corporate Social Responsibility segment, NGOs, National and International Organizations.
  
The objective of the program is to understand the concepts and techniques of modern management and their application in rural management, develop skills in diagnosing and solving management problems in rural area, develop skills in planning, building and managing organizations in rural, areas, develop consultancy skills in rural management and enlarge the outlook and vision of participants about the larger background and context of rural management in their practical process. Companies visiting the campus for the last 4 years are  Gujarat State Watershed Management Association (GSWMA), Rajasthan Rural Livelihood Mission, Rajeev Gandhi Foundation, Foundation for Ecological Security (FES), Reliance Foundation etc.. Students completing the program are initially offered a pay package of Rs. 4 p.a to Rs. 6 p.a.
 
Students with a Bachelor’s degree with minimum 3 years duration and 50% aggregate marks from a recognized university, valid CAT/MAT/CMAT/ATMA/XAT scores or any other national level management aptitude tests, students awaiting final year results / candidates appearing final year examination of Bachelor’s degree can apply for this programme. Candidates with relevant work experience are also encouraged to apply. The candidates willing to apply can download the form from www.iihmr.edu.in or can also apply online. The completed form needs to be sent to the University’s address by latest 30 June, 2016.
 
Selection will be made strictly on merit which will be prepared on the basis of the percentage in graduation, score in the mentioned management aptitude tests/ experience, performance in group discussion and Personal Interview.
 
IIHMR University boasts of an unmatched list of faculty members that train students to become expert professionals in Rural Management. Spread across 14 acres with the best infrastructure facilities, the IIHMR University also offers hostel facility within the campus with sports and recreation facilities for its students. 

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A-14, 2nd Floor, Janta Store, Above Axis Bank ATM,
University Marg, Bapu Nagar, Jaipur - 302015
M: +91 7737767070
T: +91 1412701118
 
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Press Release: Pre-Budget Analysis session held at IIM Kozhikode; panelists propose wish-list for Government

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Pre-Budget Analysis session held at IIM Kozhikode; panelists propose wish-list for Government

 
Kochi, February 2, 2016: Focus on agriculture, encourage household savings, abolish income tax, bring back black money, bring financial transparency, enhance penetration of medical/Life insurance, explore PPP for healthcare, indigenization of medical equipment – these were some of the items on the wish-list of eminent panelists who participated in a pre-budget analysis session held at the Indian Institute of Management Kozhikode (IIMK) Kochi Campus.
 
The session’s keynote speaker was renowned economist, senior BJP leader and ex-MP Dr. Subramanian Swamy. The panelists included the likes of Dr. VK Vijayakumar, an investment strategist with Geojit BNP Paribas; Dr. Venkatachalam Shunmugam, a Senior Financial Markets and Risk Professional; Dr. K. Hari Prasad, President, Hospitals Division, Apollo Hospitals Group; Mr. V George Antony, Managing Director of UAE Exchange, India and Mr. George Korah, Managing Partner of M/s Korah & Korah Chartered Accountants, Kochi. Dr. Rudra Sensarma, Associate Professor in Economics at IIM Kozhikode, moderated the discussion.
 
Mr. Subramanian Swamy, at the session, said, “The government has been taking many positive steps for the Indian economy, since the last two years. I hope that the Union Budget 2016 is growth-oriented and proves its commitment to the Indian middle-class by taking steps to alleviate their concerns.” Dr. Swamy suggests reforms to accelerate export of agriculture produce. He attributed much of the stress in financial institutions to loans advanced to large companies. This budget should focus on measures to improve access of funds by Small and Medium Enterprises (SMEs). He strongly suggested an enhancement of investments as a proportion of GDP and at the same time reduction in the capital used to produce a unit of output. While the former can be achieved by: (i) improving the household savings rate, which can be achieve by increasing the term deposit rates as well as by abolishing personal income tax with a caveat to invest this money in the banking system and (ii) reduction in lending rates.  To address the later, Dr. Swamy suggested measures to curb corruption and enhance efficiency.
 
Dr. Rudra Sensarma said, “The panel discussion brought forth diverse perspectives on a wide-range of issues. It will be interesting to see what the Modi government does this year to address the demands of corporate and the burgeoning Indian middle class.”
 
The panel discussion touched on a variety of themes such as the balance between Startups v/s Large Infrastructure Projects, the ‘Make in India’ initiative, Public Private Partnership as a tool for sustainable growth, poverty alleviation through financial inclusion, Universal Health Coverage in India among others. Prof. Rudrasen Sharma provided a brief overview of how an economy is analyzed from the view point of a macro economist. There are four  macros for economists-(i) GDP growth rate which currently is at 7.5%, (ii) Inflation which is currently at 7-8% CPI, (iii) Fiscal deficit which is currently at 3.9% and (iv) Current account deficit which measures the vulnerability of a economy to external shock, is estimated to be 1 to 1.5%. However, there are concerns on the reduction in industrial growth rate, reduction in bank credit disbursal and stalled economic reforms. The new challenges as per Prof. Rudra are the same old acronym LPG which now stands for Land acquisition, Privatization and GST.

 

Dr. Vijayakumar suggested fiscal consolidation even if it comes at the cost of growth being capped at 7-8%. The current slump in growth is primarily driven by a crash in global commodity prices and this recession which Dr. Vijaykumar coins as “Made in China” is probably not going to last long and hence he is optimistic about future growth rate.  Dr. Vijaykumar was of the opinion that a reduction in interest rates at a time when Fed is thinking of quantitative easing would result in a capital flight and hence detrimental to Indian economy.
 
Dr. Venkatachalam argued that a sub 30 price of crude is not necessarily good for our economy since about 30% of our export revenues are actually due to petroleum products. Further, there is a high probability of capital flight from emerging markets due to a reduction in investments by sovereign funds origination in oil rich economies. He expects a easing of FDI norms and processes to attract foreign investments.
 
Dr Hariprasad, regretted the neglect of Health sector in all prior union budgets. He despised the existence of luxury tax on admissions to ICU.  Although medical tourists spend four times the amount normal tourist pays, their visa process and fees are higher than normal tourists. Apart from addressing these issues, he also expects a comprehensive PPP policy in hospitals and incentives to indigenize medical equipments.
 
Mr. George Korah, suspects that the high tax rates in GST may adversely impact the poor. He sought more clarity on the definition of a startup in this union budget. Mr. George recommended exemption limit on personal income tax to be increased to Rs 10 lacks per annum and a super rich tax slab of 40% in addition to the existing three slabs.
Finally, Prof. Rudra summarized the discussion commenting that the focus of the current government is more about governance than on big bang policy reforms. Hence, he expects this budget to be a non event.
 
About Indian Institute of Management, Kozhikode
Started in 1997 with its Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering widest range of academic programmes in the field of management education. These include Fellow Program in Management, Executive PG Programs, Management Development Programs and Faculty Development Programs. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education.
 
For further information, please contact:
Dr. M.G. Sreekumar                          |    Ms. Meghana Bangalore
Head, Media Relations, IIMK         |    Adfactors PR,
+91- 9447654066                                 |    +91- 9819120245
mgsree@iimk.ac.in                            |    meghana.bangalore@adfactorspr.com
 
Warm Regards,
Ambika TM
Senior Account Executive, Financial Services

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Press Release: Principal Secretary, Mr Nandkumar felicitates Master Trainers of ELISS

A project by the British Council and Rashtriya Madhyamik Shiksha Abhiyaan
Mumbai, 1st February, 2016: ELISS, End of Year Symposium was organized on 30th January by the British Council to celebrate the three year completion of the project- English Language Initiative for Secondary Schools (ELISS). The Master Trainers’ were felicitated by Mr Nandkumar, Principal Secretary of Maharashtra School Education and Sports Department.
Following the signing of the partnership agreement in July 2013, Rashtriya Madhyamik Shiksha Abhiyan (RMSA) and the British Council have been working together on a four phase project from 2013–2016 to develop the English language teaching skills and language confidence of secondary level English language teachers in government schools across Maharashtra.
Mr Nandkumar, Principal Secretary, School Education and Sports Department, said, "Over the last three phases, the ELISS programme has been successful in raising the confidence among teachers as well as the state government. In the process we are benchmarking ourselves to global standard."
Sharon Memis, Area Director, West India, British Council said on the occasion, “The three years of ELISS in Maharashtra has reaped good response and results. The programme so far has benefited teachers and schools in raising their skills and teacher training abilities. We hope to continue the partnership and our programme.”
The English Language Initiative for Secondary Schools (ELISS) aims to establish a sustainable cadre of 480 Master Trainers that will boost the capacity of the RMSA to deliver effective in-service teacher training during and beyond the life of this project. Content will focus on improving the pedagogical skills of approximately 16000 secondary school teachers in student-centered approaches to teaching English. Teacher training will be supported by Continuing Professional Development activities to enable participants to develop strategies to take responsibility for their learning.
 
Rohini Deshmukh Sankpal, a master trainer said, “ELISS and Mentoring Project have provided me with a good opportunity to work as Master Trainer and a Mentor. It has helped me a lot in my CPD (Continuous Professional Development). It has given me a vision beyond the traditional ways of teaching, using text, techniques and methods to share my thinking and ideas with teachers’ community and experts.”
 
Minaxi Upadhyay - Principal Surajba Vidyamandir, said “Mentoring has spread awareness among teachers of vernacular medium and English medium the importance to know their area of development and plan it with a smart goal. This has helped teachers to develop their CPD (Continuos Professional Development). Mentoring has motivated teachers for peer observation.”
In each phase of the project, the British Council directly trains Master Trainers in classroom practice and training skills for 6 days /year for first three years, and these Master Trainers then cascade five days of teacher training/year for first three years to approximately 16,400 secondary school teachers of English across the state. Year four will involve an impact study. This is reinforced with a programme of activities and resources to develop both Master Trainers’ and teachers’ awareness of other opportunities available to facilitate their continuing professional development.”
 
Phase 1 of ELISS (2013-14) involved:
        Selection of the 480 Master Trainers based on a written assessment, a group interview and a group task.
        Master Trainers subsequently delivered a five-day training course to teachers from 35 districts in Maharashtra
        In addition, Master Trainers and teachers have had access to CPD ( continuous Professional Development)opportunities and resources. Teaching English Radio was broadcast from February to April on Akashvani.
        It increased their awareness on planning their own continuing Professional Development15 Master Trainers attended the annual Teacher Educator Conference in Hyderabad and 109 Master Trainers, as well as 66 teachers joined Facebook communities jointly administered by RMSA.
Phase 2 (2014-15) involved:
        This consisted of input around classroom methodology and trainer skills development. The materials for this course were specifically written to cater to the identified needs of secondary teachers in Maharashtra. The ELISS materials take into account the recommendations of key Indian government policy documents, such as the National Curriculum Framework (2005) and the National Curriculum Framework of Teacher Education (2009).
        Feedback from the Master Trainers was very positive and many of the Master Trainers were able to describe what they had learned, activities they had tried out in their own lessons and how their learners had reacted and benefited from them.
        the large uptake and increase in activity on WhatsApp and Facebook groups that discuss and share teaching ideas and which are helping to sustain the effectiveness of the training beyond the training room.
Phase 3 again (2015-16) involved:
        focussed on building teachers’ skills and knowledge of using learner-centred methodology in their classes
        Effective inclusion of technology in the classroom
        Building Master Trainers’ and teachers’ ability to reflect critically on their teaching and learning  
        Providing encouragement and support for Master Trainers and teachers to plan and take part in professional development activities outside of face-to-face training
        Building capacity of a group of mentors from the pool of Master Trainers to make the impact of the project more sustainable.
Phase 4 (2016-2017) will involve:
In this phase British council will monitor the project and do its impact study. The British Council has brought a UK consultant on board to quality assure the mentor model and make recommendations that inform into the design of the scale up model of mentoring that the State government implements for the whole state of MH.
 
About the British Council:
The British Council is the UK’s international organisation for cultural relations and educational opportunities. We create international opportunities for the people of the UK and other countries and build trust between them worldwide.
 
The British Council has been teaching English for more than 75 years. We reach 100 million people in over 100 countries and support teachers and learners with comprehensive and innovative learning resources. As the world’s English experts we work with governments, institutions, teachers and learners to provide English language learning and teaching solutions that create life-changing opportunities for individuals and their future prosperity.
 
For information on our work in India, please visit www.britishcouncil.in
 
Media queries on the project may please be directed to:
Renuka Reuben, Head External Relations and Programmes West India on renuka.reuben@in.britishcouncil.org or 91 22 67486731
Kainaz Daver, Project Consultant, LinOpinion on Kainaz.Daver@golinopinion.in or 9867474312