Faculty development programme gets underway at AIMIT

July 13, 2011

Mangalore, July 13: The inauguration ceremony of the one week Faculty Development Programme on Research Methods for Business Management and Social Sciences organised by the St Aloysius Institution of Management and Information technology, St Aloysius College began on Monday, July 11.

Rev. Fr. Swebert D'silva S.J. -Principal, St Aloysius College, Dr A.M. Narahari- Registrar, St Aloysius College, Rev. Fr. Denzil Lobo S.J- Director AMIT , Rev. Dr. Oswald Mascarenhas S.J- Chairman, AIMIT (MBA ), Dr Sridhar Dean (Research), Dr Rowena Wright, Dean(Academics) and Mr Girish -Faculty Coordinator of the FDP were present at the programme. The programme was attended by more than 30 participants from various institutions around the country. Dr Rowena Wright compered the programme.

The Inauguration Ceremony began with a prayer sung by the Faculty members of the MBA Department followed by a welcome address by MS. Sumitha Achar – Joint Coordinator of the FDP Programme.

Dr Sridhar then gave an overview to the participants on the preparation for such a programme and explained in brief the topics to be covered in this one week FDP in a nutshell. He also invited suggestions from the participants for organising such programmes and workshops in the future.

Rev. Fr. Swebert D'silva S.J congratulated the Department of MBA for its tremendous growth from its inception and for organising several such programmes which are indeed contributing toward academic growth. He also stressed on how the college has been imparting quality education with a strong base of ethical and moral values among students for over a century.

Dr A.M. Narahari gave his best wishes to the organisers of the programme and made it clear through his speech as on how research would contribute towards increased Industry – Academic integration.

The programme then continued with a brief introduction given by Rev. Dr. Oswald Mascarenhas S.J on “growth of research.” He highlighted the fact that research today has not just remained merely a number crunching activity but has grown from Quantitative Data Analysis to Qualitative one over the past few decades.

The Presidential remarks were made by Rev. Fr. Denzil Lobo S.J. who stated on how Jesuit Education which has been managing Educational Institutions over four hundred years has been key promoters of research. He also put forth the idea of how the Institution is working hard towards organising many more programmes of academic and research importance.

The Inauguration ceremony concluded with a vote of thanks speech by Mr. Girish M who thanked the guest, participants, teaching and non- teaching staff for their contributions toward making this programme a success reality.

This FDP programme will include deliberations on various research topics like Research Methods, Ethics in Research, Research Design and Sampling, Literature review: types, process , Identifying Research Gap, Framing Research Questions, What Statistics can and cannot do?, validating the research Study, Research tools and Scales of Measurement, overview of descriptive Statistics, Theory of Probability, overview of inferential Statistics and Practical sessions on Statistical Techniques, Non- Parametric Tests, Multivariate Data Analysis, Conjoint Analysis, Basis of Qualitative Research, Qualitative Data Analysis, Basis of Data Envelopment Analysis and many more interactive sessions.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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News Network
May 13,2020

Shivamogga, May 12: As many as six medical staff members, attached to the Shivamogga district hospital, who were members of the Corona Warriors team, were suspended for raising concerns over inadequate facilities, available to the frontline workers.

According to official sources, among the six, who were suspended by the Hospital Director, included three staff nurses and other supporting staff in the hospital.

The cause for the retaliation with punishment, was following concerns raised by the medical staff over aweful facilities, made available to them by the Hospital authorities.

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coastaldigest.com news network
June 23,2020

Mangaluru, Jun 23: The wholesale fresh fish dealers have voluntarily decided to suspend sale for 10 days from June 24 in the wake of fresh coronavirus outbreak in the region. 

Convening the collective decision of the traders in a letter, K Ashraf, working president of the association of Mangaluru fisheries harbour fish traders and commission agents, has urged the deputy commissioner to formally impose ban on fish trade in the city for next 10 days to prevent the spread of the covid-19. 

Mr Ashraf stated that decision was taken as many fish traders suffering from symptoms such as cough, cold and fever for last few days and some of the traders have got themselves admitted in hospitals for treatment. 

The letter urged the DC to prevent and ban unauthorized traders selling fish not only in Bander but also in neighbourhoods like Ullal Kotepur, Hoige Bazar, Bengre, Farangipet, near VRL, Kudroli, Kallapu and Maripalla. 
 

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