Thursday, August 30, 2007
NDTV Profit telecast on XLRI (Sept 1 & 2)
Sunday, August 19, 2007
NV Krishna (93BMD) is VP & Chief Sales & Mktg Offi...
Exl Service Holdings, Inc. has recruited Krishna Nacha (NV Krishna, 93BMD) as Vice President and Chief Sales and Marketing Officer effective 30 August 2007. Based out of EXL's New York office, Krishna will report to Vikram Talwar, vice chairman and CEO....Prior to joining EXL, Krishna was working with iGate Global Solutions since 2004 and was a member of the executive leadership team. Prior to that, Krishna worked with Infosys for 4+ years in roles including group sales manager - insurance and healthcare and head, sales for Canada.
Rohit Kapoor, president and chief operating officer, ExlService, said, "Krishna will be a key asset for EXL as we execute on our strategic vision of becoming a trusted partner for our clients in transforming and outsourcing business processes. We are impressed with Krishna's strategic and systematic approach to client engagement and business development."
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Posted By Madhukar to XLRI Alumni: Making News at 8/19/2007 12:42:00 AM __
Saturday, August 18, 2007
XLRI signs MoU with AB Freeman School, Tulane University
Today a memorandum of understanding was signed between AB Freeman School of Business, Tulane University and XLRI, Jamshedpur to initiate an exchange program between the two schools. Representing Tulane University were the Dr Angelo DeNisi, Dean, and Dr. John Trapani, Vice-Dean and head of International Programs, who made the journey down to Jamshedpur with a view to work out all the required arrangements and modalities. Also present was Dr. Arup Varma, an alumnus of XLRI and Professor at Loyola University, Chicago, who facilitated the process.
The memorandum includes an exchange not only of students, but also of faculty. Faculty of both schools would go to the other campus and teach various courses. Also in the pipeline is an arrangement whereby AB Freeman faculty will conduct courses as per XLRI’s Management Development Program for working executives. They would also come together to conduct joint Management Development Programs at XLRI’s centers at Dubai and Singapore. XLRI will also contribute to and gain experience from the Faculty Development Program at the AB Freeman School. As part of the student exchange program, students from XLRI would spend a semester at the AB Freeman School of Business and vice versa. Students of XLRI’s General Management Program are expected to visit Tulane this year as part of the international exposure component in their program, for which the expenses will be borne by the institute. Keeping in mind AB Freeman faculty’s expertise in the field of finance, the two institutes have also planned to conduct joint Master’s programs in finance and strategy.
Tulane University has been imparting education in business for almost a century, and the school of business was one of the first 15 business schools to be recognized in the US. Rechristened the AB Freeman School of Business in 1984, it offers a wide variety of programs from the undergraduate to the doctoral level. With a strong focus on finance and entrepreneurship, its specialized programs like the Faculty Development Program are also acclaimed and in high demand. As part of a vibrant exchange program, the AB Freeman School has ties with universities in Latin America and Asia, and receives almost 100 international students annually.
From http://xlri.blogspot.comXLRI launches PGPMI program in collaboration with ICICI Prudential
On 18th August 2007, XLRI will add another feather in its cap with the launch of its Post Graduate Program in Management and Insurance (PGPMI). This unique and innovative one year management course is conducted by joining hands with ICICI Prudential Life Insurance Company, India’s No.1 private life insurer for students aspiring to make it big in the Insurance Industry.
The insurance industry in India is witnessing unprecedented growth and the trend is likely to continue for many years to come. Taking this into consideration the course is aimed at tapping the huge opportunities available in the insurance sector and providing a platform for budding sales professionals to learn and grow in this sector. All the students passing out of this program will be offered an assured employment in the sales function of ICICI Prudential Life Insurance Company as Executive Trainees, receiving MBA equivalent compensation levels.
The program would offer courses covering both general management concepts as well as intensive training in the Insurance and Finance domain. The module in general management would broadly cover the following areas:
- Marketing
- Statistics and Economics
- Organizational Behaviour and Personality Development
- Business Communication
- Business Strategy
- Legal Aspects in Business
- Information Technology
The program, especially the module on Insurance and Finance, would leverage ICICI Prudential’s extensive domain expertise and draw heavily from their experience. It would follow a trimester based system with the various courses under the two modules spread over the three trimesters. This would be followed by a two month internship with ICICI Prudential which would give the students the opportunity to apply the skills they have learnt in the classroom.
From http://xlri.blogspot.com/
Wednesday, August 15, 2007
Sharat Dhall (93BMD) joins Expedia as India Head
Sharath Dhall (93BMD) has been appointed online travel portal Expedia.com as its head of India operations.
...Prior to joining Times Internet Ltd (TIL) as its Director (e-Commerce) about a year-and-a-half ago, Dhall was working for HLL (now, HUL) as business head of its rural venture, Project Shakti. He has 14 years of experience and has also worked with Asian Paints.
Expedia created buzz in October 2006 when it said it was looking for a person to head its imminent operations in India. The company now has an office in Gurgaon, but has not announced any other plans. Expedia offers the ‘Expedia Best Price Guarantee’ which guarantees customers the best rates for all types of travel -- it offers vacation packages, flights, hotels, car rentals, cruises and in-destination activities. Since Expedia is very strong globally on hotel bookings, the company is expected to follow the same route when it officially launches in India.
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Posted By Madhukar to XLRI Alumni: Making News at 8/15/2007 10:03:00 PM __._,_.___
Tuesday, August 14, 2007
The ABC of CDOs and the sub-prime crisis
Vinod Kothari & Rochak Agarwal: The ABC of CDOs and the sub-prime crisis
Vinod Kothari & Rochak Agarwal / New Delhi August 13, 2007
Circa 2005, the US housing market was booming. As conveyed by the June 2005 Time magazine’s cover title “Home $weet Home,” the housing market was minting money for everyone. Amid this, every individual in the US was living the American dream to own a house. Housing prices were consistently rising and appreciation was the highest over the past 30 years. This, coupled with historically low interest rates, prompted most people to buy “investment properties”.
In the US mortgage market, by borrower quality, a mortgage is prime, sub-prime, or Alt-A. Prime borrowers are those who have good credit scores, a strong debt-to-income ratio, provide required documentation, tax history, residence records and so on. The mortgage is a first-lien mortgage. A sub-prime mortgage is to a borrower who does not qualify as per prime norms, or it is a second-lien mortgage. An Alt-A is to a borrower who is not necessarily poor quality, but does not qualify for prime lending due to documentation problems.
Read the Entire Article Here
Eva (Mody) Nambiar 77PMIR - RIP
Mr. P. C. Mehra of the Delhi Alumni chapter writes "I had an opportunity to meet her during one of the Alumni Meets and she came across a warm human being, full of energy and enthusiasm. On her passing away we have lost an involved alumnus.
May her soul RIP."
