T A Pai Management Institute hosts the finance conclave ‘Finomenal 2017’

Media Release
October 30, 2017

Manipal, Oct 30: The 3rd edition of the three-day annual finance conclave ‘Finomenal’ was recently conducted at the T A Pai Management Institute. ‘Finomenal, with its theme “Govern, Strengthen, Transform” provides a platform for the students of finance to showcase their knowledge and also network with senior industry professionals. This initiative brought together Economists, CXOs, Bankers, Regulators and Fund Managers to discuss the recent trends, the emerging issues, challenges and opportunities in the industry and the way ahead.

Finomenal provides students an opportunity to interact with nationally and internationally-acclaimed experts in finance on the latest developments and trends in the field of finance. Finomenal was conceptualized to bridge the gap between the world of corporate finance and B-school education, by ensuring interaction of industry experts with the TAPMI students for a seamless flow of ideas.

This year’s conclave saw the participation of several eminent industry experts such as Mr. Harish Madnani, Director-Risk Solutions Group, Barclays Bank Plc., Mr. Manish Kothari, Business Head-Mutual fund, Policybazaar, Mr. Mitul Desai, Head-Compliance, India, National Australia Bank, Mr. Nitin Parmeshwar, Sales Associate - Equity Sales, Bloomberg LP, Ms. Lakshmi Iyer, CIO-Fixed Income & Head-Products, Kotak Mahindra Asset Management company to name a few.

Speaking on the changing trends in Corporate Governance, Prof. Rajiv Shah, Professor and Chairperson of Finance & Strategy at TAPMI, said, “Issues such as skills of board members and gender diversity of boards was being looked at more closely by investors. Risk management nowadays is coming under the direct focus of boards. The spotlight on audit committees and overall accountability is also increasing. The need for good governance came into prominence after a series of misadventures including the Satyam issue in 2009. This was followed by the revamping of the Company’s Act in 2013.   However, good rules also need to be backed up by proper monitoring and regulation. This gap was highlighted by the recent problems with Infosys and the Tata group.

Highlighting Finomenal’s theme: 'Govern, Strengthen, Transform', the Chief Guest, Mr Ganti Murthy, Former Head - Fixed Income at IDBI Asset Management Ltd. said, “Good governance strengthens and transforms the economy. Good governance is when we do not just inculcate but assimilate those regulations in the system. Thus, as finance enthusiasts, we need to move ahead by improving governance standards and have a collective responsibility to keep up with good governance to bring change”.

The three-day conclave consisted of inter-collegiate competitions such as; 

1.TAPMI-Bloomberg Olympiad: Bloomberg champions of more than 10 B-Schools took part in the Olympiad to test the expertise of using Bloomberg terminals. This year, the winners of the Bloomberg Olympiad is T. A Pai Management Institute.

2.Accretion 1.0.: This inter-college event saw students play the role of financial consultants in the Merger or Acquisition area. IIM-Calcutta won this year’s Accretion 1.0. 

3.Govern It Right: This event saw students play the role of representatives of the Board / Minority stakeholders of a company to debate governance issues. Ambarish and Nandan from T.A Pai Management Institute won this year’s Govern It Right.

Apart from the above events, there were Guest Lectures and Interactive Sessions like round table discussions between guests and students around the topics ‘Sustainability and Governance’, ‘Business Ethics in Corporate Governance’, ‘Financial market supervision and control’, ‘Internal controls and accountability’.

About TAPMI

The student city of Manipal, Karnataka plays host to the T. A. Pai Management Institute, fondly called TAPMI. With academic rigour and experiential learning as its core, TAPMI’s Masters in Post Graduate Diploma programs, approved by the All India Council for Technical Education (AICTE) and internationally accredited by AACSB.

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News Network
April 29,2020

Bengaluru, Apr 29: Indian women have always been the epitome of beauty, strength, and intelligence. Today, the success of Indian women across various walks of life has proven that they have earned this reputation.

One such dedicated social worker is Dr Sunitha Manjunath, the Founder of 'Sumanaa Foundation' of Sanjay Nagar in Bengaluru.

Sumanaa Foundation, based out of Sanjay Nagar in Bengaluru has been on the forefront to support people in distress due to COVID-19. 

The foundation under the leadership of its founder Dr Sunitha Manjunath procured a total of 20000 kgs of farm-fresh produce in four phases from farmers who are unable to sell it due to the COVID Lockdown and have distributed it across 6000 families across Bengaluru city.

"We have procured these vegetables after identifying farmers who are unable to sell their produce due to the challenges of lockdown.

This initiative not only supports the farmers by helping them get the right price for their produce, but also gives us an opportunity to get vegetables at a reasonable price by escaping all middlemen and commissions. We have identified 6000 poor families mainly around Bengaluru city who have not been able to earn their daily wages and given them coupons.

The foundation members identify genuine cases and give them coupons which can be redeemed in exchange of an essential vegetables kit," said Dr Sunitha Manjunath, the founder of Sumanaa Foundation.

These vegetables have been procured from Chikkaballapura, Doddaballapura, and surrounding villages and included vegetables like onions, tomatoes, capsicum, green chillies, beans, carrots, brinjal, potatoes, beetroots etc. These farmers got a fair price for their produce and were overjoyed to know that their harvest is being distributed free of cost to needy and deserving families.

Sumanaa Foundation has been actively supporting the city administration in fighting COVID-19 pandemic. In the recent weeks the foundation has distributed sanitisers and masks to BBMP Pourakarmikas.

The foundation also cooked food for over 400 people each day. This food was handed over to the city administration, which further distributed this to the police department and other staff working across government departments during these testing times.

Dr Sunitha, an engineer by qualification, had enjoyed a high-flying corporate career with BOSCH. She was offered a global role, which she turned down to setup her NGO, 'Sumanaa Foundation' and to serve the needy in and around her locality. Over the past seven years, the NGO with 70 members has done a wide range of activities to support the poor and needy in Bengaluru.

The core team of Sumanaa Foundation works under the leadership of its president Dr Sunitha Manjunath and includes young and energetic individuals like Manjunath K, Prakash K, Vidya Prakash, Sindu Gowda, Byregowda, Nishita Arjun, Arjun Varadaraj and Manoj Kumar
'Meal of Humanity' is a notable initiative of Dr Sunitha Manjunath and her team. Under this program, over 300 poor people are served mid-day meals every day. 

This is currently a self-sustained program with no external funding. Dr Sunitha Manjunath, her family members, and friends contribute their hard-earned money to bring smiles to hundreds of migrant workers and daily wage laborers.

'Wall of Humanity' is another unique concept implemented by Sumanaa Foundation. People can leave used or unnecessary daily use products like clothes, toys, groceries, etc at a designated area. This can be picked by anyone in need of these items. This self-helping model has touched the lives of hundreds of people in and around the area of Sanjay Nagar.

Regular blood donation camps, eye checkups, scholarship for students, tailoring machine distribution, environmental initiatives, Swacch Bharath programs, wall painting across the roadside are just a few among the hundreds of activities undertaken by Sumanaa Foundation regularly under the leadership of Dr Sunitha Manjunath and her team of friends.

"A life without an aim is worthless and so is a death without achievement. The aim of my life is to touch the lives of the hundreds of people who are not as privileged as you and me. I'd like to thank my husband Manjunath, my In-Laws and my friends from Sumanaa Foundation who work tirelessly alongside me across all our initiatives," said an elated Dr Sunitha Manjuanth on receiving the 'ET Power Icons' award for Excellence in Social Service and Public Initiatives.

Dr Sunitha Manjunath has also been awarded the prestigious 'Kempegowda Award' and many more such awards for her contribution to the society.

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News Network
January 15,2020

Mangaluru, Jan 15: A 28-year-old man, who is a first-year MBBS dropout, was arrested by the police after he posed as a doctor and treated patients at a private hospital at Derlakatte on the outskirts of the city.

The arrested has been identified as Mohammed Habib Hussain, a native of Shivamogga, who was residing in Attavar, Mangaluru. He had discontinued studies after the first year due to personal reasons.

The incident took place on Sunday night  at Yenepoya Medical College, Derlakatte. Dr Sampathila Padmanabha, medical superintendent, Yenepoya Medical College, said the accused had come to the medical college at midnight on December 29.

After speaking to the security guard at the hospital entrance, he introduced himself as an assistant to the consulting urologist, and wanted to visit patients at the private ward situated at floor number 7.

After entering, he called the duty nurse to get case sheets. Later, he examined two women patients in the presence of the duty nurse, and also wrote a prescription on the patient case sheet. He also yelled at a nurse, saying that she isn’t doing her duty properly, and left the place.

However, the nurse who grew suspicious, informed the management, after the accused had left the place. The management, who crosschecked about the accused, found out that he is not a doctor, and that he is also not associated with the hospital.

The management sent an advisory to all employees to produce their identity cards, whenever they enter any wards, especially at night, and also to keep an eye on anyone suspicious. The same message was passed on to other hospitals in the vicinity.

The accused again showed up at the hospital on Sunday night. As security guards were told about strangers visiting the hospital in the guise of doctors, he was allowed to enter the hospital premises, so that he can be apprehended. He later went to the reception counter and queried about the consultant urologist. When he noticed that the staff had an idea about what was happening, he tried to flee from the spot. He was later caught by a security guard, and the police were informed. He was arrested by Ullal police station personnel.

Dr Padmanabha added that he used to roam around with his friend in a car. He was also involved in a similar incident at a private hospital in Kankanady, and the same has been informed to the police. He visited hospitals in a car, which has been seized by police.

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News Network
June 7,2020

Mangaluru, Jun 7: The Sri Krishna temple at Udupi would not re-open on June 8 although permission has been given to all temples to allow devotees for darshan, Admaru mutt junior seer Paryaya Swami Ishapriya Teertha said on Saturday. He told reporters in Udupi that the mutt has decided not to allow devotees at present to join the fight against COVID-19 by the government, health department and the police.

The seer said the situation would be assessed in the next 20-30 days after which a decision to re-open the place of worship would be taken.

The health of the devotees and the staff at the mutt and temple would have to be protected.

However, pujas and rituals would continue to be held at the temple, he said.

Meanwhile, Dharmasthala dharmadhikari D Veerendra Heggade said in a press release that the Lord Manjunatheshwara temple in Dharmasthala in Dakshina Kannada district would open for devotees from June 8. He said 800-1,000 devotees would be allowed to have darshan at the temple every day, keeping with the regulations of the government.

Mass-feeding (annadhanam) in the Annapoorna hall would also be organised, maintaining social distance in view of the virus spread.

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