AIMIT to hold 'Insignia-2012' from Mar 15

[email protected] (CD Network)
March 12, 2012

aimit


Mangalore, March 12: The St Aloysius Institute of Management and Information Technology, MBA Division, is organizing a two-day national level management fest 'Insignia-2012' from Mar 15 at the AIMIT, Beeri campus, near here.

Announced this at a press meet here on Monday, Rev Fr Denzil Lobo, Director AIMIT, Dr Fr Oswald Mascarenhas , Chairman MBA, and Mr Shawn Pereira , Faculty Co-ordinator, said the event would be inaugurated by Vishal Hegde, Trustee, Nitte Education Trust. The valedictory ceremony would be presided by Walter D Souza, Chairman, FIEO, in the evening of March 16.

Insignia 2012 is a bold step towards a paradigm shift towards management studies and is a quest for another meaningful dimension to management studies. The theme for this year's fest is 'The Blue Oceanic Quest – A Journey beyond imagination'. In order to tackle the growing concerns of compartmentalisation, the institute is presenting a small yet effective step of integrating the various management disciplines at Insignia- 2012.

The prime objective of Insignia-2012 is to help management students to look at the blue oceans i.e. markets, products, ideas that are unexplored rather than fight for a small share in the red-competitive oceans. The key to achieve these blue oceans can only be thinking creatively, innovatively and thinking out of the box. The organizers have come up with this innovative idea of including even fashion- management institutes fort his learning –enriching experience besides MBA/PG programs in business. The registration fee per team is Rs 3000 which includes food and accommodation and to and fro transportation expenses between AIMIT and Mangalore. The performance of the participants will be evaluated by some of the industry professionals, academicians, researchers and internal teaching faculty.

The learning –extravaganza will be conducted in an environment of complete fun and freedom, in the form of seven different events. These events are: Best Chief Minister, The AIMIT village, Catastrophic Healthcare Management, Sports Management, Fashion and Entertainment, Eco Management and Personal Investment Planning.

None of these events are the traditional compartmentalised management –fast games of marketing, HR or Finance and they focus on different dimensions of business management. All these events will have multiple engrossing, compelling and engaging rounds with the increasing levels of complexity. The events will be conducted in the beautiful and vast 17 acre campus and also around the locality, adding maximum punch of practicality to them. The final round ,a complete integration one will be conducted in the college auditorium by 2.30 PM on Mar 16,2012.

The organizers will also be conducting a mega cultural evening on Mar 15 starting 6 PM. It will feature a fashion show by the participants, musical, dance, skit performance and finally a band performance by the students of At Aloysius College, MBA.

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News Network
April 21,2020

Bengaluru, Apr 21: Bengaluru Police and administration has issued prohibitory orders in the city, with exemptions to essential and emergency services, to enforce the COVID-19 lockdown.

"In exercise of the powers conferred under Section 144 (1) Code of Criminal Procedure, I, Bhaskar Rao, IPS, Commissioner of Police and Additional District Magistrate, Bengaluru city hereby issue a prohibitory order within the limits of Bengaluru city commissioner on midnight of April 20, 2020, to midnight May 3, 2020," the order issued on Monday said.

Section 144 of the CrPC pertains to the power conferred to a District Magistrate, a sub-divisional Magistrate or any other Executive Magistrate to issue orders in urgent cases of a nuisance of apprehended danger.

"As per the guidelines of the Ministry of Home Affairs, Government of India on the measures for containment of COVID-19 epidemic, it is imperative to take stringent measures in the jurisdiction of Commissioner of Bengaluru city to prevent the spread of the disease," the order said.

As per the order, the offices of the Government of India, its autonomous and subordinate offices and public corporations shall remain closed with the exception of defence, central armed police force, treasury, public utilities, disaster management, power generation, and post office, etc.

Offices to the state government, their autonomous bodies, corporation, etc shall also remain closed except police, home guard, civil defence, fire and emergency services, electricity, water, sanitation and Mandis operated by Agriculture Produce Market Committee, etc, it added.

It said that municipal bodies, with staff required for essential services, will also remain functional during this period. Other essential and emergency services, like hospitals, shops, etc have also been exempted from the prohibitory orders.

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News Network
July 28,2020

Bengaluru, Jul 28: After the Central Board of Secondary Education (CBSE) reduced the syllabi for Classes 9 to 12 due to COVID-19 pandemic, the Karnataka government has followed the suit. The Department of Public Instruction has omitted the chapters on legendary south Indian rulers Hyder Ali and Tipu Sultan from the textbooks of Class 7 in their attempt to reduce syllabus for state board schools by 30 per cent. 

The department, however, has decided to retain similar chapters on Tipu Sultan in 6th and 10th Classes, though the syllabus in text books for all classes from 1 to 10th has been trimmed. 

The trimmed textbooks uploaded on the website of the Department of State Education Research and Training (DSERT) by Karnataka state Textbook Society revealed removal of chapters on Tipu Sultan for the seventh grade.

Justifying the decision, officials said, "students study similar chapters in Class 6 and more in the 10th grade." Yet another senior official from the Text Book Society said, "Trimming does not mean we have removed half of the syllabus from textbooks. It is only keeping in mind the repetition we have condensed the chapters. In case students study about a particular dynasty in higher grades, then the same had been removed from lower grades."

A few months ago, there was an uproar over dropping of content on Tipu Sultan and MLAs from the ruling BJP also demanded the same and petitioned to the Chief Minister. Even an expert committee led by Prof Baraguru Ramachandrappa suggested to not drop any content on the historic figure. However, the department still decided to drop lessons from one of the classes while keeping the syllabus short for the next 120 active academic days.

Earlier this month, a controversy had erupted over the CBSE's decision to omit topics like federalism, secularism, citizenship, etc while reducing the syllabus for Classes 9 to 12. The education board had issued a detailed clarification later, stating that topics claimed to be dropped "are either being covered by the rationalised syllabus or in the Alternative Academic Calendar of NCERT".

"The rationalisation of syllabus up to 30 per cent has been undertaken by the Board for nearly 190 subjects of class 9 to 12 for the academic session 2020-21 as a one-time measure only. The objective is to reduce the exam stress of students due to the prevailing health emergency situation and prevent learning gaps," it said.

Last week, the Congress in Uttar Pradesh expressed its concern over 'deliberate and systematic' deletions of chapters related to the freedom struggle and the party's role in it from the Class 10-12 syllabi of the Secondary Education Board.

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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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