MACH-2004, the ninth consecutive edition of MACH, occupied centre-stage on the college premises between April 7 and 9. The programme held under the auspices of the two throbbing student chapters of well-known international organisations like SAE, ASHRAE on the college premises.

Mr K. K. Gandhi, ED, Society of Indian Automotive Manufacturers, chaired the inaugural ceremony. While addressing the gathering, Mr Gandhi appreciated the efforts of DCE in automotive engineering. He invited the engineers of auto industry, which is one of the leading fastest growing sector in the world’s economy and contributes 4.7 per cent to the GDP of the nation.

He also conveyed automobile engineering as one of the fastest growing sectors having investment of Rs 50,000 crore, which provide two million direct and 4.10 million indirect employment. He said that 70 per cent of the total vehicles are the two-wheelers and around 52 millions vehicles are running on our roads. He termed India as largest interactor and second largest manufacturer of vehicles.

IIFT to prepare ONGC executives

In the light of fierce global competition, ONGC has formalised a pact with the Indian Institute of Foreign Trade (IIFT) for special recruitment of ONGC employees for MBA (International Business) course.

The objective is to give cutting edge knowledge base to its executives by country’s premier most institutes on International Business. The exercise gels very well with the overall strategy of ONGC’s efforts of going global with major acquisitions coming from ONGC Videsh LTD.

Under ‘Super Unnati Prayas’ for its employees, ONGC would send its employees to IIFT for full-time MBA programme with specialisation in international business. ONGC would also provide transfer to the employees who are based outside Delhi to study as residential students at IIFT.

The S M School of Management, an institution offering Management programme in different fields, was inaugurated recently. The member of Planning Commission, Mr D. N. Tiwari, inaugurated the function. He said that there was a need of good institution in the country.

"The government has facilitated the people to open new technical institutes to give best possible education to the students and not to just earn money," he added. He further said that there are a number of technical institutes mushrooming up in and around the city. But before getting enrolled to any of the institutes, the students and parents should always go through its reputation and its faculty so that the student must not suffer in future.

The S M School of Management is offering some of the new courses like MBA in Real Estate Management, Hospital and Health Care Management, Insurance Business Management etc. these are the new fields are in demand.

Punjab National Bank Chairman and Managing Director Surinder Singh Kohli at a seminar on the Indian Banking.

The Maharaja Surajmal Institute organised a seminar on the Indian Banking on its premises. The seminar was inaugurated by the Chairman and Managing Director of Punjab National Bank, Mr Surinder Singh Kohli.

During the seminar, he highlighted various banking sector issues of the present scenario. He spoke of the need to invest more in rural sector and small-scale industries to strengthen our national economy. He also said that in the future India would leave behind China in GDP. The objective of the seminar was to deliberate upon the functioning of the Indian Banking system in present environment, which is competitive, uncertain and is fraught with risks. He further elaborates the role of Information Technology in the banking sector and said that the competition in banking nowadays is only to focus the quality of services.

Over 250 educationists, banks experts in the field attended the daylong meeting keeping in view the norms laid down by RBI.

Among the issues, the seminar was presented under five component namely: Banking scenario – innovation of products and services; banking risks, their quantification and investigation; HRM - policies and practices in banking; Economic Offences - emerging challenges and remedies and RBI - its supervisory role in changed scenario.

Birla Institute of Management Technology (BIMTECH) organised a national summit on rural marketing on April 10, in which eminent experts of rural marketing presented their views on various issues, opportunities and challenges related to rural marketing.

The attraction towards the rural markets is primarily due to the size of the varied pace that they have overtaken the growth in urban markets.

R. N. Jaju, Chairman, BIMTECH, said that a great change has come in the standard of living of the rural people due to the education, literacy, health awareness, availability of roads, telephones, transport and media. He also emphasised on a meaningful interaction between the academia and rural marketing professional on the challenges and opportunities in "Rural Marketing."

The Orient Longman and Trinity College London will now bring the prestigious trinity ESOL (English for Speakers of Other languages examinations to India. Trinity College London has been setting standards in testing English language for more than 60 years.

Each year, an increasing number of language learners, in fifty countries the world over, have been turning to Trinity for internationally recognised qualifications.

Accredited in the UK by the qualifications and curriculum authorities, the Trinity assessment is recognised worldwide.

The Indian Institute of Foreign trade celebrated its 38th convocation day here. IIFT is the premier institute on the International Business. The Director, IIFT, Prabir Sengupta said: "With geographical boundaries post WYO regime, it is high time India increases its pie in the global business.