XLRI takes a big leap with huge offers

From Economic Times

KOLKATA: XLRI Jamshedpur’s final placements for the batch of 2008 drew to a close with 298 offers being made to 180 students. A total of 12 international offers were made at an average of $90,000, with the highest offer coming in at $100,000. Domestic offers scaled a high of Rs 28 lakh while the average domestic offer stood at Rs 14.75 lakh.

First-time recruiters on campus included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum and Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI.

As expected, finance ruled the roost with around 31% of the offers made in this domain by global and domestic biggies like Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, Icra, Kotak and Centrum among others.

“Some even chose to offer treasury roles at their offices in London, Toronto, and Bahrain,” said XLRI placement committee chairman Uday Damodaran.

Consulting roles too, were offered in plenty by names like McKinsey, Accenture, The Hay Group, Ernst & Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte and Aptivaa. Around 21% of the students accepted these offers which were spread across verticals like strategy, banking and financial services, human resources, risk management, among others.

Global FMCG majors too lined up for placements with companies such as Procter and Gamble, Hindustan Unilever, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline and ITC offering positions to 23% of the batch in sales, branding and marketing (with international locations).

Notably, global sales and strategy were offered as lateral entry positions by such IT majors as Infosys and HCL Technologies. General management roles also proved popular with names like TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar and The Murugappa Group, offering both national and international roles. Approximately 14% of the batch snapped up offers in this arena.

Another 11% were made lucrative offers by technology sector companies like Microsoft, HCL, Infosys, Cognizant and Wipro, who offered lateral roles for students with previous experience in handling information services.

XLRI Placements

Printed from

XLRI takes a big leap with huge offers 7 Mar, 2008, 0000 hrs IST, TNN

KOLKATA: XLRI Jamshedpur's final placements for the batch of 2008 drew to a close with 298 offers being made to 180 students. A total of 12 international offers were made at an average of $90,000, with the highest offer coming in at $100,000. Domestic offers scaled a high of Rs 28 lakh while the average domestic offer stood at Rs 14.75 lakh. First-time recruiters on campus included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum and Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI. As expected, finance ruled the roost with around 31% of the offers made in this domain by global and domestic biggies like Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, Icra, Kotak and Centrum among others. "Some even chose to offer treasury roles at their offices in London, Toronto, and Bahrain," said XLRI placement committee chairman Uday Damodaran. Consulting roles too, were offered in plenty by names like McKinsey, Accenture, The Hay Group, Ernst & Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte and Aptivaa. Around 21% of the students accepted these offers which were spread across verticals like strategy, banking and financial services, human resources, risk management, among others. Global FMCG majors too lined up for placements with companies such as Procter and Gamble, Hindustan Unilever, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline and ITC offering positions to 23% of the batch in sales, branding and marketing (with international locations). Notably, global sales and strategy were offered as lateral entry positions by such IT majors as Infosys and HCL Technologies. General management roles also proved popular with names like TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar and The Murugappa Group, offering both national and international roles. Approximately 14% of the batch snapped up offers in this arena. Another 11% were made lucrative offers by technology sector companies like Microsoft, HCL, Infosys, Cognizant and Wipro, who offered lateral roles for students with previous experience in handling information services

XLRI signs MoU with Grenoble & Aston

From The Financial Express

Jamshedpur, Mar 7 XLRI recently signed memorandums of understanding (MoUs) with two reputed B-schools, Grenoble Ecole de Management in France and Aston Business School, the UK.

“The activities covered in the MoUs are similar to those signed with most institutes, namely student and faculty exchange programmes and joint research work,” E Abraham, director of XLRI, told FE on Thursday. The MoUs were signed last week.

XLRI has so far signed student & faculty exchange programmes with 13 institutions around the world. Some of them are the Asian Institute of Management (Manila), the Asian Institute of Technology (Bangkok), the Malardalen University (Sweden), the Universiteit Antwerpen Management School (Antwerp), the Royal Melbourne Institute of Technology (Melbourne), and the Loyola University (Chicago). The B-school’s French connection started with the University Bordeaux in southwest France and went on to the Audencia Nantes Ecole de Management, and then to EM Lyon, a leading international and European business school.

However, its latest MoU with the Lille Catholic University, signed in January during the French President’s visit to the country, covers a student and faculty exchange programme that is unlike most others. XLRI students intending to join the programme will be offered four to five scholarships.

During academic year June 2008-May 2009, the B-school can send at least 40 of its students under exchange programmes it has with the 13 institutions.

"The seats are nominated and stand distributed over the institutes. The total period of the exchange is three months---or one full term," said the director. The number of students actually accepting the exchange programme will be announced later.

Barring some scholarships being offered by some of the institutions, in most cases it is the student interested in joining the exchange programme who has to arrange for the finance as well.

The B-school has so far decided to send one of its professors to Loyola University in Chicago in May-June.

XLRI is expecting a couple of professors from the Asian Institute of Management (AIM), Manila to conduct a workshop on ‘case studies’ as AIM is considered to be strong in that field.

Alumni Achievements in the Last one Year 2007-2008

thanks to all who made this search for what the XL alumni have been upto during last one year, into a collective venture:0)

am pasting updated list below. Two caveats:

1. This is only a compilation of alumni achievements during last one year (April'07 to March'08... some yet to materialise, e.g. a new Head of HR for Airbus India) have not been included.

2. This list is like life itself... even when you are done with it, it will remain "incomplete"... so please take it as indicative...

so here goes:

Madhukar

Some Alumni Achievements (2007-08)

· PL Barua (70PMIR) assumed charge as the Executive Director of the Indian Oil Corporation Limited (Assam Oil Division).

· RS Thakur (72BMD) took over as Executive Director of TACO, the Tata auto-component company.

· Jagdish Dore (73BMD) was appointed the CEO & Managing Director of Matrix Laboratories Ltd. (of Mylan Group).

· Madhukar Kamath (76BMD) Managing Director & CEO of the Mudra Group, was elected as the President of Advertising Agencies Association of India (AAAI).

· S Nandkumar (76BMD) was elected the President of Institute of Management Consultants of India (Hyderabad chapter)

· Bipin Lal (78BMD) was appointed as the Managing Director, Nitrex Chemicals India.

· Prakash Puram (78BMD), President & CEO, iXmatch Inc., was invited to join the Advisory Council on Small Business & Labour of the Federal Reserve Bank of Minneapolis.

· N Krishnakumar (80BMD) took over as the CEO & Managing Director of Mindtree Consulting.

· Prabhakar Jain (81BMD) joined as the Chairman and Managing Director, Goodyear India Ltd.

· Aneeta Madhok (81PMIR) joined as the Dean, Center for Human Resources (Dubai & Singapore), SP Jain Center of Management.

· NS Rajan (83BMD), Partner (Human Capital), Ernst & Young, was chosen as Global Leader-HR Advisory of Ernst & Young. He was also elected the President (Northern Region), National HRD Network.

· Jaspal Bindra (84BMD) took over as the Head-Asia Region, Standard Chartered Bank.

· K Pandiarajan (84PMIR), Founder-CEO of MaFoi Consulting, was inducted into the Board of Madras Stock Exchange Limited as one of its Directors.

· K Shankar (84PMIR) joined Airtel as the Director (HR).

· Radha Krishnan Nair (84PMIR) joined as the Chief HR Officer of Tata Steel. He was also inducted into the Board of Governors of XLRI.

· Vineet Nayar (85BMD) took over as the CEO, HCL Technologies Ltd from its founder, Shiv Nadar.

· Mahesh Nair (86BMD) published his book of photographs Let There Be Light: Exploring Nature Through Light (Roli Books).

· Sandra (Sequeira) Mahadwar (86PMIR), Sr Director (HR) with KLA-Tencor Corp., was selected to receive the 2008 YWCA’s Silicon Valley Tribute to Women Award, for Executive Leadership.

· Arjun Trivedi (87BMD) was appointed the Head of Nokia Siemens Network, Indonesia.

· Srinivas Duvvari (87BM-Eve) took over as the Managing Director of Rolls-Royce India Ltd.

· Ernest Louise (87PMIR) was appointed as the Global Head (HR) for Essel Propack Ltd.

· Ronald Mark D’Souza (87PMIR) took over as the Vice President (HR), Alcatel-Lucent (India).

· Anurag Parashar (88BMD) took over as the Chief Officer, Customer Management Systems and Shared Infrastructure for all telecom businesses of Bharti Airtel Ltd.

· M Shankar Prasad (88BMD) joined Tata Communications Ltd (formerly VSNL) as President, Broadband.

· Amar Babu (89BMD) was appointed as the Managing Director of Lenova India.

· Satish Nambisan (89PMIR) published his book The Global Brain: Your Roadmap for Innovating Faster & Smarter in a Networked World (Wharton School Publishing).

· Sutapa Banerjee (89PMIR), Head of Private Banking at ABN Amro Bank, was nominated among 20 most successful, rising wealth managers in the world by leading international business magazine, The Institutional Investor.

· Amitabh Jaipuria (89BMD) joined as the Managing Director of Monsanto India Ltd.

· Ajay Bagga (90BMD), CEO of Lotus India Asset Management Co Pvt. Ltd., was elected the Vice Chairman of Financial Planning Standards Board of India.

· Ashish Khera (90BMD) took over as the CFO of Microsoft India

· VS Sridhar (90BMD) was appointed the Chief Operating Officer of the VSNL Global Services.

· R Chandrasekar (90PMIR) took over as the Group Head (HR) of the Noor Islamic Bank (Dubai Investment Group), Dubai.

· Sudip Mall (91BMD) joined as Country Manager (Philippines), Kraft Asia.

· V Chandramouli (91BMD) was appointed as the Director (HR) of Cadbury India

· Jayaram Philkana (91PMIR) took over as the Director (HR) of Cargill Inc.’s Health & Nutrition business at MN, USA.

· NT Arunkumar (91PMIR) took over as CEO of Dun & Bradstreet.

· Ramesh Soundarajan (91PMIR) joined as the Vice President (HR) of Trianz India.

· Ravi Parmeshwar (91PMIR) joined Cargill India as their Director (HR).

· Lokesh Jindal (92BMD) returned from USA to take over as Sr Vice President & General Manager of Computer Associate’s India Technology Center.

· Leena Nair (92PMIR) took over as the Executive Director (HR) of Hindustan Unilever Ltd., thus becoming the youngest and the first woman director in HUL’s Board. She was also featured in the Business Today’s “25 Most Powerful Women in Indian Business List”.

· Sabyasachi Nag (92PMIR) published his first book of poems Bloodlines with Writers' Workshop.

· Salil Raghavan (92PMIR) took over as the Head (HR) of Great Eastern Shipping.

· Sadashiv Nayak (93BDM) joined the Pantaloon Retail India Ltd, as the CEO, Food Bazaar.

· Sharat Dhall (93BMD) was appointed as the Managing Director (India) of the travel portal Expedia.com.

· NV Krishna (93BMD) joined EXL Holding Inc. (NY, USA), as the Vice President and Chief Sales and Marketing Officer

· Amitabh Hajela (93PMIR) joined as the Vice President and Global Head of Human Resources of the ExlService Holdings, Inc, USA.

· Uday Shankar Sinha (94BMD) took over as Executive Director of PepsiCo India.

· Biplob Banerjee (94PMIR) joined Nokia Siemens Networks as Director (HR – Global Services, India).

· Raj Ambekar (94PMIR) moved to the shipping & logistics company, Maersk, as the Head (HR) for South Asia.

· Naveen Kumar (94PMIR) took over as the Vice President (HR) of Lehman Brothers, India.

· V Satish (94PMIR) took over as Sr Vice President (Global HR & Recruiting) at AztecSoft.

· Ramki Sundaram (95BMD) was appointed the CEO of Air Deccan.

· Suman Bose (95BMD) joined Dassault Systemes (part of French Dassault Group) as the Country Head – India.

· Brajesh Bajpai (96BMD) moved into an enlarged role as the Head of Middle East and North Africa Region of Marico’s International Business.

· Ketan Awalegaonkar (98BMD) joined McKinsey & Co. as Associate Principle & Leader for North American Operations Practice, USA.

· Indraneel Roy (98PMIR) took over as the Global Head of Hewitt Leadership Consulting.

· Gaurav Lahiri (00PMIR) was elected as the Partner, Hay Group. He also co-authored the book The Indian CEO: Portrait of Excellence (Sage Books).

· Kulshaan Singh (01PMIR) took over as the Country Manager (Singapore), Hewitt Associates.

· Tanmay Prusty (06BMD), Sales Manager with ITC, won the south zone BusinessToday ACUMEN 2007, and was the runner-up in the national finals.

· Jishnu Dasgupta (06BMD), Sales Manager with ITC, and joined as bass guitarist and backing vocals with the Hindi Band “Swarathma”, which won the Best Band prize in All India City Radio Finals.

Where are the XLers of 72, 73 batch ?

Dilip Bam of 73 batch compiled this list. Thanks Dilip!

Sujit Baksi (72) is President of Tech Mahindra.
RS Thakur (73) is Exec. Direktur, TACO.
Vinod "Yank "Malhotra (72) is some mysterious biggie in Zensar Tech.
Pradip Dubashi (72) is doing M&A.
Jagdish Dore (73) is MD, Novartis.
Anand Nayak (73) is VP-HR, ITC Ltd. since very long ago.
Vaidyanathan (73) is Exec. Director, ITC Ltd.
Aspi Khambatta (73) is Asst. Prof. Balaji Centre for International Business, which is approved by AiCTE.
Dilip Bam (73) is MD, Idiotics unLimited

Swarathma: The Best Hindi Band in the Country!

I had earlier posted on how Swarathma won the Regional finals at Bangalore


They are now, "The Best Hindi Band in the Country!"

Swarathma rocked New Delhi on the 29th of February and went on to win the Radio City finals, to be adjudged the Best Hindi Band in the Country!

The judges Palash of Euphoria and Subir of Parikrama were all praise for the repeat of the act they did at the Bangalore regional finals. Before a five hundred strong crowd at the Garden of Five senses, Swarathma were off the mark from the word go, creating a lasting impression on the capital in their allotted 15 minutes.

Catch Swarathma in an interview on NDTV Metro Nation, where they played 4 songs live on air, and on Radio City New Delhi, with bytes being played on Radio City all over the nation.

Before leaving Delhi, Swarathma will descend on Cafe Morisson, in South Extension II, where they will play a 1 hour slot starting at 9pm. Entry free.

Swarathma would like to thank everyone of you for the support and good wishes.

See you soon!

Swarathma Team

www.swarathma.com

First year XLers give gyan on the budget

http://www.telegraphindia.com/1080301/jsp/jharkhand/story_8967732.jsp

A 7.5 from pleased XLRI - ‘... but FM has failed to say from where the funds will come’

NILANJANA GHOSH CHOUDHURY

(From left) Darshan Rathod, Sankalp Vaid, Saurabh Bagadia, Nityanandham M and Aditya Kankaria. Picture by Bhola Prasad Jamshedpur, Feb. 29: XLRI students seem generally pleased with the Union budget, though they are critical of a few issues. All agree, it is undoubtedly a populist election budget. On farmers’ loans, no one seemed fundamentally opposed to the idea. But their opinion is that more planning would have helped. Also, the FM (finance minister), they felt, needed to be specific about how he would provide for the farmers’ loans he planned to write off. In fact, Chidambaram had provided something for everybody — the salaried class would be happy with the tax cuts and the corporate sector will be happy that it has been left alone. We spoke to five first year students of business management — Nityanandham M, Saurabh Bagadia, Aditya Kankaria, Sankalp Vaid and Darshan Rathod. Here’s what they had to say: What is the budget’s big idea ? Waiving farmers’ loans to the tune of Rs 60,000 crore is unprecedented — after all, farmers need it. Also, he has increased outlays in education (20 per cent) and health (15 per cent). Where has the finance minister scored? Various areas: new IITs, tax sops have brought in more flexibility in household budgets, duty cuts have been announced on the pharma and auto sectors, and the implementation of NREGS also gets a boost. Where has he failed? It all looks very good but the FM has failed to say from where the funds will come from. Actually, one-time loan waivers are not enough, in depth planning is required. Also, paramilitary forces need investment too. If you were the FM, what would you have done keeping elections in mind? This is undoubtedly a populist budget. But the finance minister could have done with a little more planning. There was no need for so much of minority appeasement. Certain revenue generating areas such as retail, infrastructure and telecom have been neglected.