A wide range of the latest LED products, available for the first time inIndia, showcased at Light India 2012,New Delhi

NTL Lemnis, the LED Lighting solutions company, showcased a wide range of products of their globally acclaimed brand, “Pharox”, available for the first time inIndiaat Light India 2012.

NTL Lemnis, the recently formed JV Company between the lighting electronics major from India, NTL Electronics India Ltd. and the global frontrunner in the field of LED based sustainable lighting solutions, Lemnis Lighting of theNetherlands, launched the Pharox range of LED lighting solutions which are specially targeted towards Indian audience. The products are already available across Africa, Europe andIndia.

NTL Lemnis, designs, produces and sells the Pharox range of LED lighting solutions forIndia as well as the global audience. The USP of the “Pharox” range of products is that they are direct replacements of conventional lighting solutions, at market acceptable prices, without compromising on the quality of light. The focus is especially on industries such as Retail, IT, Hospitality & Healthcare.

In a stall spread across a 120 sqm, NTL Lemnis showcased a diverse range of residential, commercial and industrial usage LED Lighting Solutions. In addition, NTL Lemnis displayed products for solar, street & mine lighting segments as well.

An extensive range of Pharox Retrofit lamps were showcased. NTL-Lemnis has one of the best range in LED bulbs and around 10-12 types of LED bulbs were showcased. These beautifully designed bulbs were not just energy efficient and green but also aesthetically pleasing. 

In addition, the Pharox range of professional products was also showcased. The entire range is being developed for Indian Institutional market and has a product for every need and requirement like LED Ceiling Lights, LED Downlights, LED Spot lights, LED Tube Lights, LED Track light and LED Linear Lights.

In addition, there was a special Mining range that has been developed specifically to provide maximum safety of the users in the extreme conditions of mines. The USP of these product is that they are robust, water proof, can with stand severe temperatures and even explosion proof. In the show, there were 4 products on display, which covered a range of mining lighting products.

Targeting the areas which are plagued by long and frequent power cuts as well as areas with no electricity. Solar LED lighting products were on display with 4 state of the art products in the category. These products are ideal for the areas where there is a need of off-grid lighting solutions.

In outdoor segment NTL Lemnis showcased street lights based on revolutionary Mesopic Technology that has been developed for providing clear visibility on the streets. An LED street light specially developed for Indian power conditions, was also showcased at the show. Flood light for façade lighting was also displayed.

NTL Lemnis products that were showcased at the exhibition will now be available across the country through specially appointed institutional sales persons.

About NTL Lemnis:

Set up in April 2012, NTL Lemnis is a joint venture company between NTL Electronics India and Lemnis Lighting, theNetherlands. The company has been setup to design, produce and sell energy efficient, LED lighting solutions forIndiaas well as the global audience.

NTL Lemnis will exploit the global design, production and distribution strengths of both the parent companies to deliver innovative solutions for Home & Commercial lighting globally. NTL Lemnis will primarily focus on the geographical markets of Europe, Africa andIndiawith company offices inBarneveld,NetherlandsandNoida,India. Both companies have been working closely together for several years already. Together the two companies have made bulk sales of LED bulbs by supplying over 3.05 Million LED bulbs for the period July 2011 to June 2012.

The Joint venture will produce a complete range of energy efficient LED lighting products under the umbrella of the acclaimed Lemnis brand, Pharox, globally. The company‘s USP will be its ability to develop and manufacture products, which are direct replacements of traditional lighting solutions, at market acceptable prices, without compromising on the quality of light. The JV is especially focused on industries such as Retail, IT, Hospitality & Healthcare.

NTL Electronics India Limited :

NTL began its operations in the year 1993 and started its lighting journey in the year 2002. In less than 10 years of this journey, NTL has become the largest electronic manufacturing company in the lighting industry inIndia. Today, by all estimates, NTL is probably one of the largest manufacturers of lighting electronics in the world outsideChina.

NTL has grown at an impressive CAGR of 52% in the last 5 years and has become a Rs. 557 Cr (Over US$ 110 million) company in the year 2011-12.  In 2010, a Private Equity firm, CX Partners, picked up a 20% stake in the company.

The lighting journey for NTL in 2002 began with manufacturing CFL ballasts. Over the years NTL has grown significantly in design capabilities. NTL has played a pivotal role in making high end electronic ballasts especially suited to the Indian lighting conditions. The first LED lamp inIndiawas developed and manufactured by NTL. NTL has been a frontrunner in converting CFL lamps to HPF (High Power Factor) as well as redesigning them to make them more cost efficient.

At NTL, manufacturing capability has also grown significantly, keeping pace with the growth in development process. Today NTL has 10 state-of-the-art manufacturing facilities spread over five hundred thousand square feet with a combined capability to manufacture 15 Mn products per month in the facilities spread across Noida, Dehradoon & Roorkee.

NTL works with who‘s who of the lighting industry in India and the list of customers include Crompton Greaves, Philips, Osram, Havells, GE Lighting, Halonix, Wipro, Bajaj, Samsung, Surya Roshni, Sylvania, Orient, and Eveready. Both the manufacturing and development activities for clients is undertaken at NTL.

NTL‘s biggest strengths are its development and manufacturing capabilities. As a result time to market for new products is not very large. This capability allows NTL to give a large range of products to its customers. Today, the product portfolio of NTL comprises of electronic control gears, ballasts, luminaires, retrofit CFLs, LED drivers and LED lamps.

For more information, please contact:

Sunil Kumar Singh / Archana Dutta

Finese PR

sunil@finesepr.com / archana@finesepr.com

+91 11 43056200 (30 Lines)

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New Delhi

28^th September, 2012                     

NTL Electronics Bags ELCINA-EFY award for Outstanding achievements in 

“Business Excellence”

NTL awarded the first prize at a glittering ceremony

NTL Electronics India Limited, the Rs. 557 Cr (US$ 110 million) Lighting Electronics major from India and one of the nation‘s largest player in the lighting electronics, has bagged the first prize in the ELCINA-EFY awards, for outstanding achievements in ´Business Excellence‘ for the year 2011-12. The award was presented to Mr. Arun Gupta, MD, Mr. Praveen Gupta, CEO, Mr. Sudhir Mishra, COO & Mr. RK Sharma, GM R&D, NTL Electronics India Private Limited at a glittering ceremony atNew Delhi.  

ELCINA-EFY awards are designed to celebrate and promote entrepreneurs of electronic industry. The award receives large number of nominations and the award committee comprises of senior Govt. Officials and industry experts scrutinize the entries to decide the winner. This award is meant to recognize outstanding achievements by electronics manufacturing companies.

NTL Electronics India Ltd. is the leading manufacturer and supplier of electronic products for the lighting industry. NTL Electronics product range includes Electronic control gears, Electronic transformers, Electronic ballasts, Luminaires, CFLs and LEDs.

NTL has recently entered into a JV with Lemnis Lighting, the global LED major from The Netherlands, to design, produce and sell energy efficient, LED lighting solutions forIndiaas well as the global audience.

“We are absolutely delighted to be recognized for our achievements in the electronics industry. The fact that we have been awarded the top honour in business excellence is even more heartening. It is a vindication of our commitment to process orientation and an unwavering focus on quality”, says Mr. Arun Gupta, MD, NTL Electronics India Limited. “The credit goes to the entire company and I promise that we at NTL Electronics will try to keep contributing more and more to this sector”.

NTL began its operations in the year 1993 and started its lighting journey in the year 2002. In less than 10 years of this journey, NTL has become the largest electronic manufacturing company in the lighting industry inIndia. The company has grown at an impressive CAGR of 52% in the last 5 years. In 2010, a Private Equity firm, CX Partners, picked up a 20% stake in the company.

NTL‘s biggest strengths are its development and manufacturing capabilities. As a result time to

market for new products is not very large. This capability allows NTL to give a large range of products to its customers, the who‘s who of the lighting industry.

About ELCINA-EFY Awards:

ELCINA, the oldest and largest association representing the electronics manufacturing industry inIndia, was the first organization inIndiato institute Awards for Excellence in Electronics in the year 1976. These Awards recognize outstanding achievements of electronics/IT manufacturing & service companies. These awards have stood the test of time and are highly regarded in industry circles. Since inception in 1976, the Awards have been supported by officials of the Department of Information Technology, Government of India by their participation in the selection process and this has enabled the elevation of these Awards to their present stature.

For more information, please contact:

Sunil Kumar Singh / Archana Dutta

Finese PR

sunil@finesepr.com / archana@finesepr.com

+91 11 43056200 (30 Lines)

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Finese PR joins Worldcom Public Relations Group as the partner from India

The Group also Announces Newly Elected Group Board of Directors at International Meeting in Madrid

Finese PR, a boutique communication consultancy headquartered at New Delhi, today announced its joining " Worldcom Public Relations Group", as partner from India. Worldcom is the world‘s leading partnership of independently owned public relations counseling firms, with 107 partner firms operating in 90 markets in 46 countries worldwide. The Group had a combined revenue of US $ 265 million with more than 2000 employees.
Worldcom Public Relations Group voted Finese PR as the new partner from Asia Pacific Region at their recently concluded International Meeting in Madrid.
“We are optimistic that the partnership will give Finese PR access to the best practices prevalent in the world of public relations across the globe. With 107 members worldwide, it will enhance our reach in terms of geographies and will also benefit other members of Worldcom to effectively communicate with the Indian audience”, says Raakesh Kapoor, Head - Acquisition & Delivery, Finese PR.

The Group announced the appointment of the 2011-2012 board members during the group‘s annual meeting, held in Madrid, Spain, Matt Kucharski of Padilla Speer Beardsley in Minneapolis, Minn. will continue to Chair the thirteen-member Worldcom Group Board.

“The Worldcom Group Board is comprised of agency leaders from some of the top independent firms around the globe,” said Matt Kucharski, Chair, Worldcom Public Relations Group and Senior Vice President at Padilla Speer Beardsley. “They are a great representation of the power of Worldcom a true partnership dedicated to helping clients transform their businesses through strategic communications in the markets and industries important to their success.”

Kucharski welcomed two new board members: newly elected Asia-Pacific Region Chair, Cindy Payne of Asia-Pacific Connections in Singapore, and Hal Dash of Cerrell Associates in Los Angeles, appointed as the At-Large/Next-Generation Staffing board member.

In addition, board members continuing their terms or elected to additional terms of office include: Corinna Voss, HBI Helga Bailey GmbH, Chair-elect and EMEA Region Chair; Melissa Sturges, Sturges Word Communications, Treasurer; Stephanie Paul, Phillips Group, Strategic Plan; Tom Van Blarcom, TQPR Thailand, Membership; Noemi Pollack, The Pollack PR Marketing Group, Marketing; Francie Israeli, John Adams Associates, Peer Review; Mae Maneekulpan, TQPR Thailand, Knowledge Sharing; and Virginia Sheridan, M. Silver Associates, Americas Region Chair.

Worldcom, with a total of 2,125 employees, experienced an 8 percent growth in partner revenue over the last year. In 2010, Worldcom partners provided strategic public relations services to more than 3,200 clients worldwide, generating revenue of more than $263 million USD.

About Finese PR

Finese PR is a boutique communication consultancy headquartered at New Delhi, India, offering PR services across India. Established in 2000, Finese PR provides all aspects of public relations services to clients across India and other geographies. Finese PR designs effective public relations, investor relations, digital PR and public affairs campaigns for its clients, and has had the privilege of creating, nurturing and repositioning brands. For more information, please visit www.finesepr.com

About the Worldcom Public Relations Group

Established in 1988, The Worldcom Public Relations Group, is today the world's leading partnership of independently owned public relations counseling firms, with 107 partner agencies worldwide, in 90 markets, in 46 countries, across six continents. With more than 2,000 employees, and revenue of more than US $265 million, partners collectively serve national, international and multi-national clients seamlessly, while retaining the flexibility and client-service focus inherent in independent local agencies. Through Worldcom, clients have on-demand access to in-depth communications expertise from professionals who understand the language, culture and customs of the geographic arenas in which they do business. For more information, please visit www.worldcomgroup.com.

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BPL launches India‘s first break through Rechargeable Lantern: “BPL Chirag”

Offers an unparalleled consumer benefit: 4 hours‘ charging: 5 hours‘ light

BPL Techno Vision Pvt Limited(BTVL), the leading rechargeable lighting systems company in India, announced a breakthrough innovation in rechargeable LED lighting technology the BPL Chirag: 4 hours charging 5 hour light - for the Indian market. The recently developed, affordable BPL Chirag, range uses innovative ´Q‘ Tech, technology.

With BPL ´Q‘ Tech, unlike the 8 -12 hours of charging required by other lights in the category, BPL Chirag requires only 4 hours for full charging and gives 5 hours of light. The unique Q Tech technology allows charging even in fluctuating power and has the AC mains charging range from 90 Volts to 260 Volts.

“This is a significant achievement not just for BPL but also for India, as the new innovation gives India its first indigenously developed, fast charging, rechargeable light and takes states like UP, MP, Bihar & Orissa a step further in solar LED rechargeable revolution. The new BPL Chirag will enable millions of households to switch from kerosene and other crude lighting options, and lead a happier and healthier life”, says Mr. Ajit Nambiar, CMD, BPL Group

Developed at the BTVL R&D Centre in Bangalore, the BPL Chirag was designed to address the most common and widespread problem faced by millions across India and other developing countries on account of power outages which interrupts lives.

Lack of electricity is one of the main constraints in the development of rural India where 57% of the Indian population resides. Long power cuts are a reality and it is important that the viable options that are made available, address the existing problems. Most of the rechargeable lights fail in the rural areas because they need 8-12 hours of charging at a constant current charge.

“I believe that BPL Chirag will enlighten the lives in real India. I have visited villages across the country and stayed with rural folks in the run up to develop a product of its kind. I have found parents despondent about the future of their children who could not focus on studies due to irregular supply of electricity. Hopefully BPL Chirag will change this situation”, says Mr. K Vijaya Kumar, Chief Operating Officer, BPL Techno Vision Ltd.

BPL closely looked at all of these constrains and worked on its innovative ´Q Tech‘ Technology to offer the best solutions to the market in the form of BPL Chirag.

BPL Chirag, available in sturdy acrylic clear lamp cover, offers an unparalleled consumer proposition, for the first time. The unique Q Tech technology from BPL drastically shortens the time needed to recharge the light completely. BPL Chirag uses 24 nos. of cool daylight white LEDs and designed to provide 360 degree illumination. The light is powered by a 3.3 volt, 1600 mAh Battery

BPL Chirag is a mechanically shock resistant product and has been widely tested on different parameters like functional reliability, environmental testing, climatic variations and transport and handling stress.

Effective May 2011, BPL Chirag will be available across UP in the first phase of the national launch and will be available through 40 distributors in 2000 retail outlets across Uttar Pradesh. The company has also strong service network in UP.

BPL Chirag comes at a MRP of Rs.849/- with a 1 year warrantee and the company is confident that they will find a ready acceptance among consumers.

For More Information, please contact:

Sunil Kumar Singh / Vinita Dhawan

Finese PR

+91 11 43056200 (30 Lines)

sunil@finesepr.com / Vinita@finesepr.com

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IIM Lucknow inducts students in its 4th IPMX batch
Batch size increases from 48 last year to 67 this year
57 Engineers and ten others including 2 Doctors, 2 from media
8 female students (12% of the total)
The academic year of the one-year full-time, International Programme in Management for Executives (IPMX) 4th batch(2011-2012) commenced recently.

A batch of 67 students were welcomed by Dr. Devi Singh, Director, IIM Lucknow, Prof. Archana Shukla, Dean Noida Campus & Chairperson IPMX and Mr. M. Damodaran, Former Chairman, Securities and Exchange Board of India (SEBI).

The diversity in the new batch is reflected in several aspects:

The class of IPMX 2011-12 includes 67 students up from the 48 last year
The average work experience of the batch is about 8.5 years, with relatively fledgling careers and profiles. The maximum work experience is of 20 years.
The average age of the students of IPMX is 31.8 years.
The class has 57 students from Engineering background. The other 10 have diverse profiles including people from medicine, Media, Pharma, Agriculture, etc.
The class of 67 includes 8 female students with diverse backgrounds - from Electronics & Communication to media to medicine and IT and computer science. Around 12% of the class comprises of ladies.

Having a diverse set of candidates not only increases class learning but also helps students build a wider professional network. An eclectic mix of executives coming from diverse sectors and backgrounds makes it an interesting place to debate and discuss business-cases.

Mr. Damodaran in his inspirational inaugural address, urged the students to instill in themselves an entrepreneurial spirit which would lead to profits (earned legitimately and stated correctly), prosperity and therefore nation building. He said that money is not evil by itself but becomes evil when it becomes the master and the man becomes the slave of greed. He cautioned the students against such a situation. Mr. Damodaran‘s speech was interspersed with personal anecdotes and interesting examples that underscored the immense significance and need of ethical, value based decision making which can only be the hallmark of a true leader.

Prof. B.B. Bhattacharya, Vice Chancellor, Jawaharlal Nehru University, took a session on “Indian Economy in the context of current global scenario”. Prof. Sushil Kumar of IIM Lucknow took a session on "Emerging trends in Management Education",

An interaction with the alumni for setting the expectation of the programme also took place with Saurabh Chandra(IPMX, batch-01), Head-Business Development and Strategy, Qualtech Consultants and Chetan Yadav(IPMX, batch-02), Associate Vice President, MphasiS Limited.

Prof Manoj Anand and Prof. Neerja Pande also took sessions with the students on Case building and Placements. Prof. Archana Shukla undertook a programme on Transiting to IIML way of Life: Familiarization with IPMX Rules & Procedures.

About IPMX
The IPMX program is a 1 year residential program designed for mid/ senior level professionals to prepare them for leadership roles at IIM Lucknow's Noida campus. It aims at accelerating understanding of business at functional and strategic levels to prepare students to manage enterprises engaged in global business. A core component of the programme is an international module at one of institutes‘ partner institutes located in Europe / East Asia which will provide students the opportunity for an international learning experience to equip them with the knowledge and perspective relevant to current global business issues.

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The convocation of Indian Institute of Management, Lucknow saw 572 students being awarded their diplomas by Dr. Devi Singh, Director IIM Lucknow and Dr. J.J. Irani, Chairman, Board of Governors IIM Lucknow. Mr. Kapil Sibal, Honourable Union Minister for Human Resource Development, Communications & Technology delivered the Convocation Address through a video link.

338 students from the 25th batch of Post Graduate Programme in Management, 28 students from the 6th batch of Post Graduate Programme in Agri-business Management, 2 International Exchange students of ESCAP Paris, who have satisfactorily completed the requirements of the Post Graduate Programme in Management along with 110 students from Post Graduate Programme in Management for Working Executives (WMP) and 94 students from International Programme in Management for Executives (IPMX) batches, from the Noida campus received the diplomas. And as graduates, they are about to swell the ranks of about 4000+ IIML alumni, whose continuing support helps build the Institute's ongoing reputation and community support.

From the 25th batch of Post Graduate Programme in Management Mr. Abhinav Kumar Agarwal was awarded with the Chairman‘s Gold Medal, while Mr. Anubhav Mukherjee received the Directors Gold medal. The other awards included PGP Chairman‘s Medal which was received by Mr. Nandanan Parthody, Reshma Sareen Memorial Medal for Best Girl Student was received by Ms. Shipra Mahajan, Budhiraja Medal for Best All Rounder went to Mr. Piyush Sethia and Bizkool Medal for the Best Student in Information Technology was awarded to Mr. Gaurav Bajaj.

From the post graduate programme in management for working executives, the following were the award winners:

Chairman‘s Gold Medal for the Batch 07-10 Mr. Varun Gupta

Chairman‘s Gold Medal for the Batch 08-11 Mr. Rakesh Kumar

Director‘s Silver Medal for the Batch 08-11 Mr. Sunil Bajpai

From the International Programme in Management for Executives (IPMX), the following were the award winners:

Chairman‘s Gold Medal for the Batch 09-10 Mr. Kunal Gohil

Director‘s Silver Medal for the Batch 09-10 Mr. C.S, Badhri Naryanan

Chairman‘s Gold Medal for the Batch 10-11 Mr. Dushyant Chaturvedi

´At IIM Lucknow we adopt a holistic approach to Management Education. Each graduating student is trained to be a manager of today and a leader of tomorrow, someone who governs with essence of conscientiousness, and has a dynamic approach to any kind of situation at any level of organization‘ says Dr. Devi Singh, Director, IIM Lucknow.

During the academic year 2010-11, the institute witnessed an all-round growth and in continuance with its march ahead, undertook some significant initiatives, which are listed below:

From 30 students in the first batch, intake was increased to 419 students in the Post Graduate Programme in Management in 2010-11.
The doctoral programme entered its 11th year in 2010 and saw 10 students being admitted to this coveted programme.
The sixth batch of Institute‘s three year Post graduate Programme in Management for Working Managers with an intake of 131 students commenced in June 2010 at the Noida Campus
Research and consultancy has always been a key thrust area at IIM Lucknow and IIM Lucknow is proud to say that since its inception it has been undertaking several socially relevant research and consultancy projects in thrust areas like Agriculture, Entrepreneurship, Health Management, Education, Information Technology and Rural Development. About 70 research contributions in different forms have already been published during the year. Several research contributions of the institute‘s faculty members have received national and international recognition and have been instrumental in bringing home, many prestigious awards. During the year, 15 new consultancy assignments were initiated, 12 assignments are in progress and 15 assignments were completed.
This year also sees the largest graduating batch to be placed across all IIM‘s till date. Nearly 200 companies along with many first time recruiters participated in the placement process, with 528 offers being made to a batch of 366 students.
The Centre for Food and Agribusiness Management this year conducted 4 short term programmes for faculty of agribusiness institutions in the country included under on going Learning & capacity Building Component of NAIP (National Agricultural Innovation Project). An international training programme on innovation in Agriculture and Rural Development for senior officials of 14 countries of Asia and Africa was organised. A National Conference on managing Agri Food Supply Chain was conducted in April 2010.
Institute‘s Management Development Programmes have seen a continuous growth across the years. This year 124 programmes in all were conducted with more than 2434 executives attending the programmes.
On the infrastructure front, this year sees the coming up of the new state of the art Composite Class room block. The CCRB also boasts of a COCO lounge (created in association with the Coir Board of India) on the terrace, a first in India. The same was inaugurated by the Dr. J.J. Irani, Chairman, IIM Lucknow Board of Governors, 20 faculty flats have been completed and a 1500 seater convention centre is nearing completion at Noida campus.
IIML's International Academic Collaborations with many partner institutions in Europe and North America gained further momentum during the year. IIML has international partnerships with 24 institutes.
IIM Lucknow is very proud of its student body. This year, two of its students Amartya Ghosh and Malay Mondal won CRISIL Young Thought Leaders Award. The R. Ravimohan award for B School with highest number of winners went to IIML with 2 winners, for second consecutive year. 3 students have also won the prestigious Aditya Birla Scholarship, highest number for the first time.
IIM Lucknow, this year takes up the role of mentoring IIM Kashipur. This is second consecutive year when IIM Lucknow is mentoring a new IIM, with IIM Rohtak being taken under its wings last year.
This year also marks a new era in the history of IIM Lucknow. From this year IIM Lucknow becomes a self sustainable management institute with no government grants coming in.
A centre of excellence for Business Sustainability has also been set up recently. The main objectives of the centre are:
· To help improve the performance of business sector so as to ensure the sustainability through the use of modern management and decision making tools and techniques.

· To identify training needs of corporate and non corporate sector with a view to design and deliver training programmes in the fields related Business sustainability.

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IIM Lucknow Students‘ Fund Beats NIFTY Yet Again for the Fourth Consecutive Year

Students‘ fund gets 17.96% returns on Equities, 25.84% on Derivatives against 5.56% gain in NIFTY

As has been the tradition at Credence Capital of beating the markets consistently, this time has been no different. With its annual closure of the fund for the batch 2009-11, a clump of students at the Indian Institute of Management, Lucknow has yet again managed to outperform the markets by a significant margin. IIM Lucknow students pooled in money to enter the market in July 2009, stayed invested till January 2011 but managed to exit before it was too late. They claim the fund has managed to outperform the benchmark indices.

´Credence Capital‘, a fund set up with voluntary contribution from IIM Lucknow students came into inception in July 2007 and has been going from strength to strength. This is its fourth year of functioning and has already been hugely popular across the financial industry. The class of 2009-11 contributed a minimum Rs 5,000, and there was an upper limit of Rs 50,000. The fund also witnessed intermittent lumpy contributions. But on January 31, 2011, their efforts paid rich dividends. The equity fund contributed an impressive 17.96% return, while the derivatives fund gave a stupendous return of 25.84%. The Nifty, the broad barometer benchmarked, returned just 5.56% in the period. This year the fund also witnessed a launch of a new offering for the IIM students in terms of investment opportunity in ´Currency Trading‘.

“Our fund was less risky than the Nifty, but gave more returns,” say the Credence fund managers, third-generation investors. Credence is no run-of-the-mill kitty corpus but a stickler to rules, and posted newsletters giving a summary of what happened in the past week and expectations for the coming one. The newsletter also analysed F&O data and gleanings are emailed to all investors, every week. Managing other people‘s money responsibly and be accountable to their class mates was a great learning experience for the budding fund managers which was akin to any industrial exposure. They periodically released the fund‘s NAV to their class mates. NAV is the value of a single mutual fund share, based on the market value of all securities it owns, minus its total liabilities and divided by the total number of shares issued.

IIM professors Vipul and Manoj Anand guided them, after the institute faculty realised that making them manage public money and doses of theory could mould students into excellent fund managers. More than profit maximisation it was risk management and preservation of capital that was the key. It is not that they always made money. Strict stop-losses were crucial to success. By putting 5% to 10% stop-losses and laying emphasis on supports and resistances based on technical analysis were critical. This is purely student initiative in which the institution is not directly involved. Each student as a part of their investment strategy, the fund managers of Credence Capital applied both fundamental and technical analysis to build the portfolio. Apparently, being a good team player was a major criterion, as every investment decision had to be approved by the majority of the members in the investment committee. Egos had no place at all.

The students followed a systematic procedure involving selection of fund managers, appointment of a committee to approve investment decisions, updating student investors on past week's developments and expectations for the next week. Selection as the fund manager of Credence was no walkover as they had to go through the grind managing a notional fund, and outperforming the rest of the students before being selected as one of the five fund managers for Credence. They had to explain the theories behind every investment decision. The results from the team tasks were also crucial to the selection.

Seniors are just getting into the big, ruthless world of investment banking. Vaibhav Gupta is joining Goldman Sachs and will be handling the equity research for the firm, while another senior, Rahul Pandhi is joining Citi Group. Another student, Prashant, a BTech from IIT Bombay, will be joining JP Morgan this year. Saurabh Agarwal, a BTech in Computer science from IIT Kharagpur, will be joining IIFL New York in the structured products group and will be creating exotic financial products for the market. Abhisake Saha, another IIT Kharagpur alumnus will be accepting an offer from ICICI Bank. Aravind Gattu and Abhishek Chhajjalani will be joining HDFC Treasury and Accenture Business Consulting respectively.

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Treatise recognizes informed debate and deliberation as the foundation of modern democracy and civilized life, giving fresh wings to this medium of expression by hosting it end-to-end on the popular social media site Facebook.

Says Manfest coordinator Anand Dorairaj, “Democracy and progress is all about getting inclusive in our outlook: By launching a flagship event exclusively on Facebook, we intend to throw open a quality debating forum to a truly wide variety of views.”

Social media, over the next few years, will shape the way we make decisions. As global conglomerates and even old-world companies wake up to this new power, Manfest exhibits the medium‘s capacity for serious thought.

To be held in an engagingly interactive format with Facebook “posts” and “comments”, Treatise is designed to inform, entertain and reward - both the participants and audience. With refreshingly honest topics that are relevant to the changing times, Treatise is guaranteed to offer sumptuous food for thought and a riveting battle of minds.

The debates will be publicly displayed on the Treatise Facebook page, and will be open to comments from viewers. What‘s more, viewers get cash prizes for the best comment every day.

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"IIM Lucknow launches Manfest 2011 - International Business Conclave”

IIM Lucknow today announced the launch of its 24th Annual International Business Conclave, Manfest 2011 with the unveiling of the event‘s website - http://www.iimlmanfest.com. This edition of Manfest is based on the theme “Renaissance 2030: Shape the Change” and aims to create new paradigms of thought that foresee our lives, our society, our economy, two decades from now. Manfest 2011 will be held from January 21-23 in the IIM Lucknow campus.

A flagship management event called TAS Zeus will offer a prestigious TAS shortlist to the winners aside from whopping prize money of INR 1 Lakh. Innovation seems to be the key driving force as Manfest readies to launch Treatise, its International Debate event on the hugely popular social networking site, Facebook.

BizQuiz 2011 partnered by SBI promises to be a humdinger if last year‘s event is any indication. The Next CEO, Call for Arms, Strategos and Finathlon complete the flagship management events ably supported by a host of industry and domain specific competitions for B-school students. Online events such as Treatise and Dayitva have extended Manfest‘s reach to International participants from Stanford to Singapore.

The Leaders Express vertical at Manfest this year is all set to host two very relevant conclaves - Arthashaatra, the Finance Leadership Summit and Srujan, The Creative Arts and Media Conclave. Not to mention, the avant garde Corporate Luncheon, talk series and Gravitas - the Manfest publication that will feature original articles from the likes of Kiran Mazumdar Shaw and Vikram Pandit. Some of the personalities gracing Manfest this year are Dr. J. J. Irani, Dr. Mallika Sarabhai, Prahlad Kakkar, Rahul Bose, Abhigyan Prakash, A. P. Kurien, and H. K. Dua amongst others.

Social Responsibility is a crucial element in the path to sustainable living and transformational social change. As a responsible B-school, IIM Lucknow places a lot of stress on this. Under its CSR Initiatives, Manfest launched a new flagship CSR event called Yajna - The CSR Challenge that will get NGOs, Corporates and students to work together in solving critical social problems of the day in as many as 6 Indian cities - Delhi, Mumbai, Kolkata, Lucknow, Bangalore and Pune. Ably complementing Yajna are The Prerna Social Entrepreneurship Awards, Lucknow City 10km Awareness run and Dayitva - the online CSR Strategy game.

Says Manfest coordinator Abhishek Kumar, “Manfest has matured to the point where we want to utilize this platform to create critical value - be it through competitions, conclaves or social initiatives”

All this serious business is, however, not without its share of fun as Manfest becomes the first B-school in the country to host an International Rock Act. This will be the first performance of the band in the country. This will be backed by an exhilarating Bollywood Nite featuring a leading playback singer, a scintillating cultural performance courtesy SPIC MACAY, and lots of other entertainment events.

All in All, Manfest 2011 promises to be a roller coaster ride of competition, discussion, knowledge creation and entertainment!

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IIM Lucknow‘s Annual Leadership Summit- SAMVIT witnesses the best of the corporate world and policymakers

Theme focuses on “Financial Regulation & Development in India: Challenges & Prospects”

IIM Lucknow organised SAMVIT, a two day Annual Leadership Summit. Dr. Subir Gokarn, Deputy Governor Reserve Bank of India unveiled the theme for Samvit on “Financial Regulation & Development in India: Challenges & Prospects”.

The very best of the corporate world and policymakers thrashed out ideas that could lay down the growth platform for the country in the years to come. The main event for this year‘s Samvit was “The Leader‘s Panel Discussion”. Over the years, Samvit has signified the homecoming of some of the biggest corporate leaders in India for the panel discussion at IIM Lucknow.

This year the institute played host to noted bankers and industry stalwarts Mr. Atul Khosla, Country Head, Oliver Wyman, Mr. Vikas Vasal, Executive Director, KPMG, Mr Sanjiv Bhasin, CEO, DBS Bank and Mr. Suresh Senapaty, CFO, Wipro Ltd. for the panel discussion. Mr. Amitabha Ghosh, former RBI Governor was also present to express his views on the challenges and prospects of the current regulatory environment.

In the run up to the main event, the first day of Samvit saw some exhilarating events being organised on campus. The students also got a feeler of the finance world through “Stratagem The national level Mergers & Acquisitions Competition”. The unique event allowed the students to delve deep into financial concepts and exercise their wisdom at real time scenarios. “Finquizitive The finance quiz” had the participants by their breath till the end. The highlight of the first day was the finance workshop conducted by Mr. Vaidya Nathan, a certified trainer who works in close association with brands such as JP Morgan Chase, Citibank and Deutsche Bank.

During the Leader's Panel Discussion, Mr. Amitabha Ghosh, Former Governor, RBI, commended the role of RBI in formulating policies for the economic well-being of the economy, but was also critical about the scale and efficacy with which these policies are being implemented. He was of the opinion that instead of government bodies formulating policies, an environment of discipline wherein all the financial players have a set of "Self Regulations", a practice that once incorporated at the top level would percolate to the lower levels and ensure overall economic health.

Mr Sanjiv Bhasin, CEO, DBS Bank, quipped that regulations might be something that might not go down too well with a few, but the regulation is of immense importance in the current volatile macroeconomic environment. He said that for regulations to achieve their true purpose they should be relevant to the market. Elucidating his stance he mentioned that these regulations have a widespread impact on common people, so the regulators have to be very cautious while laying down norms.

Mr. Suresh Senapaty, CFO, Wipro Ltd., delivered a spirited speech in which he talked about the various phases of economic reforms and the importance such reforms hold for the future. He said that with limited or no social safety cover, the policy makers should come up with policies that mitigate any risks that might emerge in the capital or the debt market. Pressing on the importance of a deeper secondary debt market, Mr. Senapaty spoke about an environment of confidence in which all segments of the society can prosper.

Mr. Atul Khosla, Country Head, Oliver Wyman, delved into the topic of inclusive growth. He stressed upon the enhancement of risk coverage in public as well as private markets. Mr. Khosla said that overall consumer protection should be at the apex of any policy initiative.

Mr. Vikas Vasal, Executive Director, KPMG, pointed out that the focus of economic activities have shifted from the west to the east. In the new light, it is important to device strategies to tap the massive growth potential that India has. Commending the core Indian values of prudency, Mr. Vasal said that it is due to these virtues that we largely went unscathed in the worst economic crisis after the Great Depression.

The discussion was followed by a Q&A session in which the students and faculty of the institute probed the leaders on a variety of topics concerning the financial sector. Samvit - 2010 drew to a close with the event Consilium - The policymaking event, in which two member teams presented their views on fiscal and monetary policy.

The two day extravaganzas saw teams from other institutes such as MDI and IIM Indore come down to the campus and participate in the various events organized as a part of Samvit. Speaking about the event, Ayush a first student said, "The event has been a revelation of sorts to the students at the campus. Not only have we been treated to a host of competitions, but also we have gained insights into the current and future economic conditions of the country".

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November 22nd, 2010

IIM Lucknow‘s INDEX 2010 focuses on marketing research activities and raising social awareness on AIDS

IIM Lucknow‘s 16th edition of the biggest marketing research event of the country, INDEX 2010, was abuzz with lot of activities like street play on Road Safety, a concert on AIDS awareness, marketing research activities, games, fashion show and Rock Show at Colvin Taluqdar College, Lucknow.

There were many game stalls being put up by the students of IIM Lucknow for the city people, who were clearly enjoying every bit of it. Apart from the market research stalls, the two day event offered a lot more for the general public.

The day started with Lucknow Idol to find the singing sensation of the city. Several other informal activities such as Mimicry, Housie, and Balloon Shaving etcetera took place throughout the day, keeping the crowd excited and entertained. Crowd was especially appreciative of the Street Plays on the issue of Road Safety, which was conducted by Index as part of its CSR initiatives. The evening was set ablaze with the wonderful dance performances by many teams in Footloose, the Choreonite.

However the day‘s highlight was undoubtedly the captivating performance by the internationally renowned exponent of flute, Pandit Hari Prasad Chaurasia under the banner of SPICMACAY. Index organized this show as part of the Star Nite, in collaboration with SPICMACAY IIM Lucknow chapter. The performance by Pandit Hari Prasad Chaurasia was a big crowd puller.

Pandit Chaurasia‘s concert was dedicated to spreading awareness on AIDS. Panditji started his concert with the message “Rog se grihna karein, rogi se nahi” and also conveyed the same through his music. Uttar Pradesh State Aids Control Society (UPSACS) conducted the event in association with INDEX, IIM Lucknow. Continuing with this noble message, street plays on AIDS awareness were also organized

The second day of the informal events included exciting games like Brick Race, 3 legged race, ladies arm wrestling and Tol Mol ke Bol apart from many others. The ramp was set on fire by the Youngistan of Lucknow in Fuzon, the Fashion Parade, which was followed by the popular Mr. and Mrs. Index contest. The IIM Lucknow students continued to entertain the people with their games and in the process learning invaluable marketing lessons, which will shape the marketing strategies of the biggest names in India‘s corporate world.

“Last year we had a footfall of over 15,000 people and as per our estimates, observing the huge turnout yesterday and today, we will easily cross this number by few thousands, if not more”, said Ashish, coordinator of the event, commenting on the popularity of the fair amidst the Lucknowites.

The event also included a Rock show, with a scintillating performance by bands like DNT, Soul Rebellions and IIM Lucknow‘s own music club 3.4 who kept the crowd mesmerized throughout the three hour show.

“The whole event was a great learning experience for the students of IIM Lucknow providing them deep insights into the world of marketing. I would also like to thank the people of the city on behalf of the student community of IIM Lucknow for their active involvement in the fair”, said Saurabh Agarwal, coordinator, Index, summing up the mood and success of the event.

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The International Programme in Management for Executive(IPMX) students of IIM Lucknow‘s Noida campus recently organised the Leadership Summit- Udyam‘10. The central theme of the summit was “Architecting Sustainability”.

There were two panel-discussions, moderated by Prof. Sushil Kumar of IIM Lucknow, as part of the event - "Sustainability: A business imperative" and "Healthy business via healthy environment".

Dr. Devi Singh, Director IIM Lucknow, who delivered the keynote speech, emphasized the increased awareness and importance of considering sustainability while managing business, as evident in recently launched courses on the topic by PGP and IPMX programs of IIM Lucknow.

The panellists for Sustainability: A business imperative were Mr. Subir Hazra, VP Strategic Planning, GMR Group, Mr. Karandeep Singh, MD, Sapient India, Mr. Poul V. Jenson, Director, European Business Technology Center, Mr. Ajay Davesar, Global Head Green Initiative, HCL Technologies.

During the discussion, Prof. Sushil Kumar of IIM Lucknow disclosed that Indian consumers are second only to the Japanese in terms of environmental consciousness, and are no. 1 in terms of sensitivity for corporates' attitudes towards sustainability (source: survey by Havas Media). He further demonstrated India's edge over the developed countries in this field by citing the example of India's usage of simple brooms to do the job of a petrol-powered cleaning-vehicles.

Mr. Karandeep Singh, MD, Sapient India acknowledged Prof. Kumar's point about consumer-consciousness in India when, in response to a question on whether companies are willing to spend to be 'good', he replied that companies had no choice. If they didn't, their customers would react, and demand for their brands would plummet. This was echoed by Mr. Poul Jenson when he said that CSR can help companies gain competitive edge currently but in near future it will become critical for existence.

Mr. Singh also urged companies to start publishing their environmental accounts in their annual/ quarterly reports, in an effort to encourage companies to start competing and differentiating themselves on this parameter. Mr. Subir Hazra hinted that laws regarding 'green business' may be in the offing soon, and that CSR could be backed by legislation in the future.

At this point, Mr. Poul Jenson alerted the audience to the challenges of implementing environment-friendly measures in India, as pricing issues limited import of relevant technology. He also said that the practice of (say) donating appliances like solar-cookers was not true CSR, since the initiative was sustainable only as long as the life of the product.

The panellists for “Healthy business via healthy environment” were Mr. Ranjit Gupta, CEO, Indiabulls Power Ltd, Mr. Anil Patni, Head Communication And Ext. Affairs, Tata BP Solar, Mr. V. Subramanian, CEO, Indian Wind Energy Association, Mr. Daman Sood, Vice President, Green IT Practice, Continuity & Resilience, Mr. Kula Saikia, DIG, Assam.

During the panel discussion, Mr. Subramanian started the discussion by mentioning that smoke used to be an indicator of growth earlier, and how the situation has dramatically reversed over the past few decades. He emphasized on the importance of development of new business-models by young managers emerging from institutions like the IIMs.

Mr. Daman Sood continued the discussion in the same vein by saying that investing resources into a business was like taking a loan from the environment and from the future generations, and that providing a sustainable environment was the only way to repay the debt. He also stirred interest amongst the businesses by citing several 'green' projects undertaken by companies, which resulted in substantial monetary savings to them.

Mr. Ranjit Gupta brought in a completely new angle to the discussion by saying that CSR was not a business' core-competence, and that some companies engage in CSR simply to 'check the box'. He said that businesses should be made responsible for contributing to sustainability (by way of money), but the actual implementation should be carried out by the Govt.

The post The Leadership Summit – Udyam’10 organised by IIM Lucknow’s Noida campus focuses on CSR & Sustainability appeared first on 12 Press Release.

IIM Lucknow announces the launch of Index 2010 on 20th and 21st of November

IIM Lucknow organises 16th annual INDEX Fair. The two day festival will be held on 20th and 21st of November, 2010 at Colvin Taluqdar Ground, Lucknow.

The events lined up include Star Nite, Mr. & Ms. Index, Rockshows, Choreo Nite, Science Exhibition and many others. If you think last year‘s event with over 15,000 footfalls was an indicator of the fact that the event has become a part of the social calendar of Lucknow, you have to see how it gets better every year.

There will be plethora of stalls designed and made completely by IIM Lucknow students whom you would see in motley of costumes, creating games based on popular characters. To add to this there will be number of food stalls which will be a gastronomical treat for the foodies. Index buzz is all around the city with many hoardings, malls, shopping areas carrying Index colors on them.

Nonpareil competition and corporate participation on campus

Beyond being a fair, Index is a singular event based on the concept of Incognito Market Research which seeks to delve into consumers perspectives/needs through intelligently structured games to overcome the Sensitization Effect. Due to this unique modus operandi IIML‘s clientele spreads across FMCG, Banking, Services and IT sectors with vanguards of industry like Pepsi, HUL, P&G, Mahindra and Uninor partnering with Index regularly.

This year at Index, corporate came in with 14 live projects from variegated fields with a value offering on a variety of research objectives like assessing competition, identifying consumer needs, gauging product awareness et cetera.

For more information:
Vinita Dhawan / Nidhi Gupta
finese PR
Telefax: +91 11 43056200 (30 Lines)
vinita@finesepr.com / nidhi@finesepr.com

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Sanovi Technologies, the leading player in Disaster Recovery Management Space, has been shortlisted as one amongst the top 8 NASSCOM Emerge Product Showcase 2010.

NASSCOM and CAI (CIO Association of India) invited applications from Product companies and rated them on various parameters based on the Impact of the transformation on the customer, Applicability of the transformation on other companies and Uniqueness of the solution that enabled it to have transformative impact (In other words, the unique technology that powered this innovation).

Sanovi was one of the companies shortlisted by an eminent jury comprising of Mr. Daya Prakash, Head IT, LG Electronics India, Mr. Harishankar - CIO, Unilever India, Mr. Desmond D‘Souza IT Director, Network Services, Unilever India, Mr. Manesh Patel - CIO, Sanmina, Ms. Sheila Paul - CIO, Loop Mobile, Mr. Manoj Shrivastava - CIO, MTS India, Mr. G. S. Ravikumar - CIO, Gati and Mr. Shailendra Singh MD, Sequoia Capital.

Sanovi DRM, a comprehensive Disaster Recovery Management software that enables IT organizations to meet their Recovery service levels, was shortlisted as amongst the top 8 Products at the NASSCOM Product Showcase 2010.

“In our case discussion, we showcased how using Sanovi DRM to orchestrate predictable recovery of IT applications, customers have reduced application down time, lowered cost of DR operations and built an agile IT that is recovery ready to responds to natural or man made outages”, says Mr. Chandra Sekhar Pulamarasetti, Co-founder & CEO, Sanovi Technologies.

“Major time, effort and resources have been spent in ensuring that the Sanovi DRM suite of applications provide the best of breed DR solutions to the clients and we are glad that our efforts are now being appreciated in the right circles”, adds Mr. Pulamarasetti.

About Sanovi:
Sanovi Technologies proactively manages disaster recovery (DR) environments and ensures that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.

Sanovi was founded on the observance that maintaining a DR solution to keep pace with the dynamic and ever-changing nature of IT was, at best, problematic. More often than not, failing over to the DR site in the event of an outage was wrought with unforeseen failures rendering DR solutions virtually worthless. In many cases, despite the investments made in creating and maintaining a DR site, failing over is dismissed as a recovery option because there is little confidence that it will work as planned. The market need for a solution to proactively manage the DR environment and ensure that it will support the business as designed became abundantly clear.

Sanovi began offering a DR management solution based on a professional services model. Following several successful professional services engagements, the founders quickly realized the potential for an enterprise class software solution that could ensure recovery readiness across all layers of the IT infrastructure.
To know more about Sanovi, please visit www.sanovi.com.

For more information, please contact:
Sunil Kumar Singh / Nidhi Gupta
Finesse PR
+91 11 43056200 (30 lines)
sunil@finessepr.com / nidhi@finessepr.com

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Sanovi Technologies gets investment from Betul Oil Group to broadbase its offering
Sanovi Technologies will get $5 Million of investment for R&D and sales growth

Sanovi Technologies India Private Limited, the leading IT disaster recovery management specialist, has received investments from Betul Oil Group, to expand the sales presence of the Sanovi DRM product in the market and increase its R&D activities.

Betul Oil Group will invest up to US $ 5 Million on expanding market reach for Sanovi and furthering R&D in Sanovi products. Sanovi is looking to extend its market leadership in India and expand its presence in the Middle East and APAC region. Betul sees this as a strategic investment and their entry into the software sector.

Betul Oil Ltd. a leading company of the Betul Oil group, is engaged in solvent extraction, refining of edible oils, manufacture and trading of de-oiled cakes, animal feeds, specialty ingredients and development of hybrid seeds that extract oils. Betul Oil also procures crude oil from third parties and retails refined edible oils.

Shreans Daga, Managing Director of Betul Oil Ltd, says "We are very excited about the development. We have been looking for a suitable opportunity to invest in IT. Disaster Recovery is a hot area and the addressable market size is large. We have known Chandra and other key team members for quite a few years now and are impressed with their knowledge of the market and in how far they have grown the business. Sanovi‘s product is running at several marquee customers across India and Middle East. We believe this is a huge opportunity for us. This investment helps us enter into the attractive software product business."

The financial year 2010 has proved to be the most consistent year for Sanovi Technologies and it has ended in the black. The company is forecasting Rs.100 crore revenue targets in the next three years. Chandra Sekhar Pulamarasetti, one of the founders of Sanovi Technologies, has taken over as CEO of Sanovi Technologies.

Chandra says "Disaster Recovery Operations are very complex and completely manual today with no visibility into SLA compliance. With increasing threats globally, organizations are actively looking to deploy resilient DR programs. Sanovi solutions have significantly simplified DR operations for customers. Sanovi solutions provide CIO the assurance that their DR infrastructure will work when required. Currently, we are experiencing a strong demand for our products and are looking to expand into other markets outside India. "

Chandra continues "As the industry came out of recession, we planned for a speedy growth and were looking for a strong partner who will support us in our expansion plans and also work with the company in our efforts to create awareness about Disaster Recovery at the policy level. Disaster Recovery Management is an emerging space and a strong product portfolio is very critical for the company to grow succeed. The Betul Oil Group group brings us the required financial and business experience to support us. The company will use the investment to further its R&D, maintain its leadership in the DRM space and grow its market reach.”

About Sanovi:

Sanovi Technologies proactively manages disaster recovery (DR) environments and ensures that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.

Sanovi was founded on the observance that maintaining a DR solution to keep pace with the dynamic and ever-changing nature of IT was, at best, problematic. More often than not, failing over to the DR site in the event of an outage was wrought with unforeseen failures rendering DR solutions virtually worthless. In many cases, despite the investments made in creating and maintaining a DR site, failing over is dismissed as a recovery option because there is little confidence that it will work as planned. The market need for a solution to proactively manage the DR environment and ensure that it will support the business as designed became abundantly clear.

Sanovi began offering a DR management solution based on a professional services model. Following several successful professional services engagements, the founders quickly realized the potential for an enterprise class software solution that could ensure recovery readiness across all layers of the IT infrastructure.

For more information- www.sanovi.com

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October 25th, 2010

IIM Lucknow‘s Noida campus announces the first of its kind Leadership Summit- Udyam‘ 10: Architecting Sustainability

Eminent speakers to discuss the role of the corporate leaders to architect business with sustainability

Sustainability today is a social challenge for the corporates. It has become imperative for budding managers to understand the potential for long-term maintenance of well-being. IIM Lucknow‘s Noida campus is organising the first of its kind summit for the corporate leaders to architect business models with sustainability. “Udyam ‘10 The Leadership Summit” will be held on Saturday, the 13th of November 2010 at IIM Lucknow‘s Noida campus.

Bill Gates has rightly said, "As we look ahead into the next century, leaders will be those who empower others." The summit is IIM Lucknow‘s endeavour to provide a platform where business leaders, statesmen and eminent personalities exchange thoughts on the topics that are going to shape the future of India Inc.

The Leadership Summit aims at providing a channel for confluence of ideas and amalgamation of varied perspectives to surmount these challenges through focus on the central theme ´Architecting Sustainability‘.

The corporate leadership today is on the path to architect business models with sustainability at its core. However, given the complex interplay between social, environmental and economic activities, the road to sustainability is fraught with uncertainty and challenges.

Eminent speakers from Tata BP Polar, Reliance Power, GMR Group and others will speak on architecting sustainability that meets the needs of the present without compromising the needs of future generations to meet their own needs.

The sessions of the Leadership Summit includes:

Sustainability: A business imperative

For many organizations, the term sustainability has evolved from a feel good buzzword to a concept for creating value for stakeholders. This discussion aims to be a reality check on importance of sustainability over other business imperatives.

Healthy business via Healthy Environment

Amidst increasing global awareness to climate change, many businesses have taken initiatives to reduce their current level of carbon footprint. What are the breakthrough ideas in this direction and how businesses can further reduce environmental impact from their operations?

The road to green economy: New opportunities

The changing consumer preference towards green offerings means a plethora of opportunities for those businesses, which look at Environmental Sustainability as a key strategic priority. What are the challenges & opportunities for the businesses in the coming years?

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IIM Lucknow's IPMX students complete a two week gruelling international business module at ESCP Europe Business School, Paris
The programme focused on Managing Innovation and understanding the cultural and business aspects of Paris

As part of their course curriculum, the students of International Programme in Management for Executives (IPMX), the flagship programme for Mid-career executives from IIM Lucknow's Noida campus, recently visited ESCP Europe Business School, Paris, for a two- week gruelling international business module.

The programme kicked-off with a series of lectures by Prof. Pierre Morel, a proponent of cross-cultural issues and a specialist on American studies on the way the French conduct their business. During the session, the students learnt that the two cultures were not too different after all, despite some interesting differences.

Students got the opportunity to attend a lecture on Idea and Innovation Management, conducted by Prof. Isaac Getz, Professor of Strategy and Doctorate in Psychology and Organizational Behaviour. Interestingly, Prof. Archana Shukla, Dean, IIM Lucknow, Noida Campus, who had travelled with the student contingent, shares the unique qualifications of her French counterpart. It made for a very interesting session with both the professors in the same classroom.

Professor Emeritus Jyoti Gupta, the only Indian faculty at ESCP Paris, shared some critical insight about the current challenges faced by the European Union in the session. He also dealt with the current economic and financial scenario in Europe in general, and in France in particular.

The institute had also invited Mr. Andre Benoit-de-Jaegere, Director at CapGemini, a global leader in consulting, technology, outsourcing, and local professional services to talk about some interesting techniques that the organization uses to transform global and international businesses all over the world.

Dr. Daniel Roache, who has worked with both the Israeli army and the French embassy talked about Competitive Intelligence. He introduced the class to several nuances of picking-up information about the competition and then interpreting it to form intelligence. The discussion of a few contemporary corporate scandals revealed several unexplored angles of business.

The institute organized a visit to the RATP, the biggest private railway operator in France, for the Indian managers to understand the operations of the company. This was especially significant since the 4.5 billion Euro Company, which runs underground metro-trains, trams and buses in France, UK, Belgium, China and Korea, is currently working with Veolia Transport Co. on the Mumbai Metro project as well.

The students got the chance to interact with the Indian ambassador in France. He addressed the students on the topic of the importance of the European Union for the growth of the developing economies of the world. He emphasized that the 'cost of labour' advantage, which India enjoyed, was not permanent, and that countries like Philippine and Malaysia were starting to put up a competitive fight. India would need to guard against letting status quo prevail in the face of a rapidly evolving socio-economic environment, and learn from the ways of the developed nations to sustain its competitive advantages over the long-term.

Rishi Khanna, IPMX 2010- 2011 says, "I never noticed before the innumerable channels from where competitive intelligence could be picked-up, and all within the legal framework too."

Sreelakshmy IPMX 2010- 2011 says, "The module packed the essence of several important topics into it in a pretty short period. As experienced professionals, who put a premium on our time, that's just how we would want it to be."

Students also got the opportunity to familiarize themselves with the cultural and business aspects in the city of Paris, which is very important in today's changing global business environment.

The students also had the chance to do some sightseeing in the cities of Paris, Bruges, Brussels and Zurich.

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IIM Lucknow Students Head to Foreign Universities

This year, 53 students from IIM Lucknow are heading to foreign universities as part of the Student Exchange Programme, 2010. The international student exchange is at the forefront of IIM Lucknow's efforts towards international exposure and recognition. IIM Lucknow has alliances with prestigious institutions across the globe spread across 4 continents and 22 universities. IIM Lucknow will also play host to 30 foreign students from other countries.

The students proceeding to the foreign partner universities will leave as ´ambassadors‘ of the country and their institute. The previous batches of outgoing students have won numerous accolades like “Best International Student Award” in HHL Germany. In addition to acting as brand ambassadors of IIM Lucknow, these students promote the Indian culture, ethos and values in the respective partner institutes.

The Student Exchange Programme at IIM Lucknow has grown over the years. The programme, which had a modest beginning in 2001, has grown to be one of the biggest Student Exchange Programmes in the country. The International Student Exchange Programme of IIM Lucknow has been ranked amongst the best in the country according to the latest B-school surveys. Several reputed foreign universities are partnering with IIM Lucknow for the Student Exchange Programme. This brings advantage and exposure to the students of IIM Lucknow as well as the partnering Universities. While these associations bring about the exposure to different teaching methodologies for the students, they also entail a cross-cultural exchange in an increasingly globalized world. To name a few, the partner institutes include ESCP-EAP, France, McMaster University, Canada, ESSEC, France, EBS, Germany, HHL, Germany, REIMS, France, CBS, Denmark, UCL, Belgium, Bocconi, Italy, ESADE, Spain.

Prof. Shailendra Singh, President, Student Exchange Cell, gave insights into how the institute views the student exchange programme. He says, “Students from IIM Lucknow will act as brand ambassadors of IIM and India abroad. The international exposure will also broaden their understanding of various issues related to management and help them handle ambiguity better in the years to come.”

Mr. Nikhil Grover, a Marketing & Systems student, who is heading to EM Strasbourg, France, is overwhelmed by this opportunity and said, “The Student Exchange program offers tremendous exposure to students like me, who want to soak in as much as possible from their Master‘s degree, and get a feel of what the education system has to offer at a global stage.”

Mr. Charles Bernard, an exchange student from EM Strasbourg, France finds his experience enriching. He said that, “Wonderful, amazing, huge and different, are the words which came to my mind when I recollect my stay at IIM Lucknow for the last 3 months. I feel it to be a great experience. I really enjoy my life as a student of IIM Lucknow. I am happy to find so good teachers and enriching lectures. The campus is really nice. Also, the Indian students are quite good. I think I'll build strong friendship with many of them.”

Already, a few foreign students are on the campus. More will fly in soon. IIM Lucknow will also be hosting European dinner along with European Cultural Evening for its foreign visitors. IIM Lucknow has been instrumental in negotiating a pan IIM deal of air tickets, insurance, Eurail passes and foreign exchange for the exchange students this year.

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Sanovi Technologies, the leading player in Disaster Recovery Management Solutions, makes inroads into projects of Utilities
Wins the DR implementation projects for APDRP in the states of Rajasthan, UP, MP and Karnataka

Sanovi Technologies India (Private Limited), the leading disaster recovery and business continuity management specialist, has won the DR implementation projects under the eGovernance Projects of "Accelerated Power Development and Reform Programme" (APDRP). Sanovi will be working with the State Electricity Boards and discoms in Rajasthan, Uttar Pradesh, Madhya Pradesh and Karnataka to ensure that they have a robust disaster recovery plan in place.

In an effort to curb the incessant loss of power owing to theft and T&D losses, the Ministry of Power has directed the states to quicken the pace of the restructured accelerated power development and reforms programme. In the APDRP projects, impetus is given to IT enabling of the sector on an integrated platform. The IT platform will assist in capturing and validating energy and revenue model together.

In the APDRP project, Sanovi will assist the utilities in setting up of a DR centre. The DR management Suits will help in online monitoring of the DR process. The offered suite will be implemented on all the Data base instances in the primary site. The DR solution shall integrate with storage based replication.

DR Management solutions provide a strategic approach to meeting business recovery goals and protecting business information, which are most critical to running a business today. DR Management Solutions ensure that business applications can be recovered in compliance with service level objectives and deliver real-time DR readiness validation.

"The APDRP wins mark a turning point in the business plans of Sanovi. Sanovi is an established player in the DRM space and acknowledged as the leader in the BFSI sector, with most of the big names as its clients. The APDRP wins mark Sanovi's entry into the eGovernance projects and into Utilities, both very big categories in their own right", says Subramanian Parameswaran, CEO, Sanovi Technologies.

"The Sanovi DR will help the power behemoths automate processes and provide better insight and reliability of real-time readiness of DR systems and recovery efficiency. The end-result is complete DR availability and recovery assurance for customers", says Lakshman Narayanaswamy, Co-founder and VP products, Sanovi Technologies.

The focus on the complete DR lifecycle including Replication, Online RPO, RTO Monitoring, testing, reporting, policies, automated recovery as well as provide end-to-end visibility and confidence in DR infrastructure.

About Sanovi Technologies

Sanovi offers solutions to proactively manage disaster recovery (DR) environments to ensure business managers that business applications can be recovered in compliance with service level agreements. As the leading independent provider of DR management software solutions, Sanovi is focused on ensuring recovery readiness.

Sanovi DRM software suite is a comprehensive DR lifecycle software for monitoring, validating, testing and automating recovery. CIOs and DR experts across various verticals industries have benefited from deploying Sanovi software to increase their organizations DR readiness. For more information visit us at www.sanovi.com

For more information, please contact:
Sunil Kumar Singh/ Nidhi Gupta
Finese PR
+91 11 43056200 (30 lines
sunil@finesepr.com /nidhi@finesepr.com

The post Sanovi Technologies,has won e-governance projects of APDRP appeared first on 12 Press Release.

IIM Lucknow hosts Dr. Kiran Bedi at its Noida campus for a talk on "The Role of Corporates in Social Development"
Students gain insights on the way to give back to society

Dr. Kiran Bedi, invited to the Noida campus of IIM Lucknow as part of their ongoing Leadership Talk Series, delivered a stirring speech to an audience comprising of a mix of IPMX and GMP students. The talk mostly centred on “The role of corporates in social development”, but by interspersing her speech with enriching anecdotes and personal experiences, Dr. Bedi was able to touch upon several other contemporarily relevant issues like the handling of bureaucracy, using the odds to your advantage and innovation.

The former super-cop and Magsaysay award winner from Punjab emphasized on how the practice of giving back to society did not take away from the businesses; instead it helped gear them towards sustainability. As an example, she hoped that corporates opened-up schools to develop talent, and not just harvest talent from existing colleges. ´Hydrated leadership‘, she said, was the need of the hour, which would look beyond just dry numerical profits, into inclusive growth of the society.

She also spoke about the importance of ´constantly sharpening your axe‘, however high you may be in your organization‘s hierarchy, by staying in touch with the lowest level of operations. “Walking the beat with my beat-cop sensitized me to the importance of a good day‘s rest for our force”, she recalled, “as most criminals become active after dark”.

“She helped me think about developing the humane side of management”, said Kamal Ginotra, an IIM Lucknow student towards the end of the speech, pretty much summing-up the mood of all those present, all thoroughly impressed and immensely motivated by the impassioned speech from Dr. Bedi.

IIM Lucknow Noida campus regularly invites leaders and industry stalwarts to campus to interact with its students under its Leadership Talk Series. Some of the noted speakers on the campus were Pradeep Kashyap, CEO MART, Ashok Venkatramani, CEO Star News, Mr. Dhruba Purkayastha, Senior Specialist in the World Bank, Dr. Rana Mehta, VP Healthcare, Technopak, Ashis Sanyal - Senior Director (e-Governance), Department of Information, Mr. Sudip Mandal : Director, Keane and Mrs. Amita Virmani - Past HR Director, Cadence.

For more information, please contact:
Vinita Dhawan
Finese PR
+91 11 43056200 (30 lines)
vinita@finesepr.com

The post IIM Lucknow hosts Dr. Kiran Bedi at its Noida campus for a talk on “The Role of Corporates in Social Development” appeared first on 12 Press Release.