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DoMS NIT Trichy

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New Delhi [India], February 9 (ANI/Mediawire): The Department of Management Studies-NIT Trichy (DoMS-NITT) which operates under the central institution National Institute of Technology Trichy (erstwhile Regional Engineering College, Trichy) was born with the sole vision of producing the best managers and entrepreneurs.DoMS – NIT Trichy is a premier B-School in India and is currently ranked 34 in NIRF.
For nearly four decades the Department of Management Studies has been nurturing and providing quality managers to the corporate world. The constant effort to provide quality education and learning experience bore fruit when the college achieved 34th position in the NIRF rankings.
DoMS has an excellent infrastructure for academic, sports activities and relaxation. The State-of-the-art infrastructure serves every conceivable need of the student. DoMS provides its students with a dual advantage of the well-equipped campus of NIT Trichy and the customized facilities tailored to the needs of the management students in the department.
Amphitheatre style A/C furnished classrooms provide the most conducive atmosphere for dynamic learning and focussed discussion. The classrooms are integrated with audio-visual teaching aids for lectures and presentations. Other facilities at DoMS includes banks (State bank and Canara Bank), a post office, a classic food court, gym, cafeteria, world-class mess, shopping complexes, Central and Department library, 24-hour internet facilities, all sports amenities, excellent hostel with inbuilt shuttle court and a hospital.
For the year 2020 the orientation program like all the previous years involved sessions from some of the well-known faculties of reputed institutions esteemed industrialists and other gracious alumni of NIT Trichy.FIRM games is an informal event that is conducted to welcome new students. The main objective of conducting this event is to build a rapport with the junior students and create in them, a sense of belonging.
Joining a college amidst a global pandemic has its own challenges. In spite of being conducted on a virtual platform, the FIRM games 2020 was a huge success.DoMS provides myriad options for students to grow and learn about their respective career fields. The college hosts six committees and seven clubs where the students learn about management first hand through their own experiences. Students at DoMS have their thinking caps on all the time. With guest lectures and workshops from the top-ranked people in the industry, DoMS helps its students to evolve and learn. Various topics are covered through this experience. Students are also involved in research along with the faculty to gain different learning experiences.
The annual business festNisadya of DOMS NIT Trichy is welcomed every year with great enthusiasm and happiness. Students from B-Schools all over India participate in Nisadya. Owing to the pandemic situation, Nisadya’20 with the theme “Adapt and Thrive”, was conducted completely online. From guest lectures to competitions, Nisadya provides students the vigour and wit to face the real life-corporate scenario. INACON, the business conclave of DOMS NIT Trichy is yet another important event that the college hosts. During the conclave, the students get to learn from the experiences of highly accomplished corporate leaders who motivate and inspire them to aim for the moon.
Overcoming the obstacles that the year 2020 posed, virtual INACON’20 was conducted successfully.DOMS is a multicultural college and has students from all over India. Every year DoMS witnesses a multitude of colours in the form of cultural celebrations.’Xtravagate’ is the official newsletter of the college and each issue discusses the present trending topics. Apart from ‘Xtravagate’, ‘Monetarist’ and ‘HR Dynamiko’ are the domain-specific newsletters that the college releases.
Every year a well-groomed group of students leave the institution with a set of skills that would aid them in their corporate career. With the best syllabus, activities and discussions DoMS continues to be one of the finest B-schools in the country.
This story is provided by Mediawire. ANI will not be responsible in any way for the content of this article. (ANI/Mediawire)

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TCG Funds Fund 1 picks up stake in G G Engineering Ltd.

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Mumbai (Maharashtra) [India], March 5 (ANI/NewsVoir): TCG Funds Fund 1 picks up stake BSE listed G G Engineering (BSE: 540614) (An authorized OEM for Tata Motors). As per bulk deal data available on BSE, TCG Funds Fund 1 on 4th March, picked up around 178800 shares at Rs 123, HNI buying was also witnessed.
G G Engineering Ltd. was established in 2006 to cater to the rising demand of quality sheet metal and heavy steel products. The company’s flagship products include smart Reverse Vending Machines (RVMs), sheet metal components for commercial air-conditioners, and industrial diesel generator sets. This bulk deal is a confidence booster and the Company is well and truly en route to achieve high growth.
Inspired by the Swachh Bharat Abhiyan, GGE launched India’s first fully-automated and smart RVMs for crushing/shredding PET bottles with the objective of enabling environment-friendly disposal of plastic waste. The company also manufactures sheet metal air conditioning components with powder coating for Tata Group’s Voltas and is the only approved vendor for the OEM’s Vadodara unit. Voltas outsources components for its commercial AC range at the Vadodara facility, where commercial-use ACs of 10 tons and higher sizes are manufactured, which are installed in malls, airports, corporate offices and other commercial facilities.
GGE has in its portfolio multiple products, especially In the RVM category. RVM has massive market drivers due to the fact that there is 6.3 billion tonnes of plastic waste being accumulated globally and 79 per cent of this waste ends up in landfills. It takes on average 400 years for plastic to biodegrade and this is quite an alarming factor.
India ranks 15th globally in plastic pollution. Thus, the Reverse vending machines like the ones by GGE, are very important to the country and the world to tackle these grave problems. G G Engineering has an order from western railway to install RVMs across stations with Advertisement rights. These advertisement rights are an alternate revenue stream for the company and may become more prominent once more such installation projects are executed.
GGE further specializes in custom-built enclosure generator sets, driven by Tata Motors engines, for both stationary and mobile applications with its latest series of gensets equipped with engines applying quantum techniques to enhance durability and stability. The company also supplies industrial engines for various applications, marine engines, and spare parts for diesel genset to the local and International markets.
Most recently, the company has launched pathogen-protection products in the wake of the COVID-19 pandemic for defense against the novel coronavirus and other deadly pathogens. This range of products includes sanitizing tunnels, touchless hand sanitizer stations, and mask vending machines.
The company expects their revenue to increase to Rs 130 crore in FY 21-22 and Rs 286 crore subsequently in FY 22-23, with a PAT expectancy and projection of Rs 29 crore in FY 21-22 and Rs 52 crore in FY 22-23.
State-of-the-art plant, marquee clients, and strong distribution in Western India are key positives. GGE’s state-of-the-art manufacturing facility with an area of 40,000 sq. ft. is strategically located in the industrial hub of Bharuch in Gujarat. The plant enabled with CAD and in-house R&D facility has an annual capacity of 5,100 units and customization capabilities across product categories.
The company has a wide distribution network in Western India with 12 distributors and 6 customer service agencies across Gujarat and Maharashtra. GGE’s past and present clients/partners include some marquee names such as Tata Motors, Voltas, Panasonic, Indian Railways and Reliance Life Sciences as well as emerging companies such as Ganesha Ecosphere, etc.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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Scaler earmarks INR 1 crore to empower and upskill women in tech

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Bengaluru (Karnataka) [India], March 5 (ANI/NewsVoir): Edtech startup Scaler, known for producing the finest software engineers with its meticulous courses, has announced the launch of Scaler Include, a program aimed at enhancing female participation in India’s tech workforce.
The program offers merit-based scholarships to women to enroll in Scaler programs, coding contests in collaboration with top tech employers in India and talks by leading female business leaders.
This comes on the back of what has been a significant cultural shift for the Indian IT sector, but a continuing trend of lower participation from women. According to Zinnov-Intel India, women form only 26 per cent of India’s tech workforce, a number that the program wishes to raise to 50 per cent over the next 10 years.
As part of Scaler Include, Scaler has set aside Rs 1 crore in capital spending to help create a more diverse tech workforce in 2021. The Rs 1 crore fund would offer merit-based scholarships to 1000 women to enroll in Scaler Academy.
Scaler Academy aims to accelerate software engineers’ careers via a nine-month structured, flexible and guided learning program. The curriculum, encompassing programming constructs, data structures and algorithms, system design with a project and a choice to specialize in full-stack or back-end development, is vetted by industry CTOs and taught by lead software engineers from Facebook, Hotstar and Media.net.
In addition to live, online classes, Scaler Academy provides 1:1, video-based mentorship sessions with leading software engineers in the industry which enables learners to chart their career and practise mock interviews.
“While we have seen mild growth in the proportion of female software engineers in India, we are yet to build a truly equitable tech workforce. Women are often not encouraged to be as ambitious as their male counterparts because of an added, unfair expectation to get married quickly, start a family or tend to elders. We will help women avail Scaler-sponsored and employer-sponsored scholarships. We also understand that women might need more flexibility and have launched an industry-first ‘Course Pause’ feature, allowing women learners to pause their Scaler Academy course at no cost. As we partner with more employers to build an inclusive tech workforce in India, we are keen to build upskilling programs that cater to other underrepresented communities. We hope to launch similar initiatives for the LGBTQ community and people with special abilities soon,” said Abhimanyu Saxena, Co-founder, Scaler, commenting further on how Scaler is tailoring its program to meet the needs of women.
To celebrate Scaler Include program’s launch, CodeX-For-Her, an exclusive coding competition and networking event, has been planned for women software engineers currently working in service and product-based tech companies.
To be held over two days in March 2021, the event will include keynote speeches from women leaders in business and technology, as well as participation from leading technology companies in India. Participating employers could enroll their women engineers in the contest and networking events, along with giving out merit-based scholarships to women engineers who win CodeX-For-Her, encouraging them to upskill via Scaler’s programs.
Backed by marquee global investors like Sequoia Capital and Tiger Global, Scaler is India’s top edtech startup focused on upskilling college students and tech professionals and creating the finest software engineers in the country. Launched in April 2019, Scaler’s industry-vetted curriculum provides the highest quality technology education in the world in various latest technologies.
Students enrolled in Scaler are mentored and taught by tech leaders and subject matter experts working with leading organisations, including Google, Facebook, Twitter, and Netflix.
In a short period, Scaler has generated better career outcomes for their learners than the likes of most IITs. In 2020, Scaler placed more learners in Amazon than all IITs combined, a feat unmatched by any other edtech startup in Asia. So far, more than 3,500 learners have joined Scaler’s educational programs.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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Shop the dress from Marks & Spencer

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Mumbai (Maharashtra) [India], March 5 (ANI/NewsVoir): Spring is synonymous to new beginnings, flowers and lots of colour. Keeping up with the season the latest spring collection from M&S offers a mix of versatile prints and pop-up colours.
Popular Bollywood actress Sayani Gupta was seen celebrating spring, twirling her way in a tiered floral mini dress from their Spring 21’collection. This versatile bold floral print jersey is a spring must-have which scores high on comfort and fashion alike!
“Loved this dress the moment I saw it, it is extremely comfortable and has a style statement that resonates with me as I always love fuss free clothes,” said Sayani Gupta, on sporting the dress.
The same print in tops, t-shirts and even skirts – now available in stores and online to give an edge to your style!
The new M&S Spring’21 collection has a lot to offer, right from wide leg comfortable pants, trendy skirts to lovely dresses and fashionable lingerie. Add a breath of fresh air to your wardrobe or chase the sun in your favourite colour this spring with M&S.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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FAO food price index rises for 9th consecutive month in Feb

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Rome [Italy], March 5 (ANI): Global food commodity prices rose for the ninth consecutive month in February with quotations for sugar and vegetable oils increasing the most, according to Food and Agriculture Organisation (FAO) of the United Nations.
The FAO food price index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 116 points in February, 2.4 per cent higher than the previous month and up 26.5 per cent from a year ago.
The FAO sugar price index rose by 6.4 per cent from January as production declines in key producing countries together with strong import demand from Asia prompted ongoing concerns over tighter global supplies.
Expectations of a production recovery in Thailand and a bumper crop in India dampened the increase.
The FAO vegetable oil price index gained 6.2 per cent, reaching its highest level since April 2012. Prices for palm, soy, rape and sunflower seed oils all rose.
The FAO dairy price index rose by 1.7 per cent led by international export quotations for butter where firm imports by China met limited supplies from western Europe. Cheese prices declined partly due to high inventories in the United States.
The FAO cereal price index averaged 1.2 per cent higher than in January. Sorghum prices rose 17.4 per cent in the month driven by ongoing strong demand from China. International prices of maize, wheat and rice were either stable or edged up slightly.
The FAO meat price index increased 0.6 per cent pushed higher by tight supplies of bovine and ovine meats in key producing regions.
By contrast, pig meat price quotations fell underpinned by reduced purchases by China amid heavy oversupplies and a rise in unsold pigs in Germany due to the continued ban on exports to Asian markets.
FAO also released the cereals supply and demand brief including updated assessments of global production, consumption, trade and inventories.
Global wheat production in 2021 is likely to increase and hit a new record of 780 million tonnes, according to FAO’s preliminary forecast, as expectations of a rebound in production in the European Union more than offset weather-impacted production prospects for output in the Russian Federation.
Maize production in South Africa is expected to reach near-record levels in 2021 while outputs in South America are forecast at well above-average levels. The crop is yet to be planted in countries north of the equator.
The brief offers more details and updated assessments. Highlights include a new and higher estimate for world cereal production in 2020, now seen at 2 761 million tonnes, a 1.9 per cent increase from the previous year lifted by higher-than-expected outturns reported for maize in West Africa, for rice in India, and wheat harvests in the European Union, Kazakhstan and the Russian Federation.
FAO’s new projections for 2020-21 include a 2 per cent annual increase in global cereal utilisation to 2,766 million tonnes and 5.5 per cent growth in world trade in cereals to 464 million tonnes.
Global cereal stocks are now forecast to end 2021 at 811 million tonnes, 0.9 per cent below their opening levels, pushing down the stock-to-use ratio to 28.6 per cent. World rice and wheat stocks are expected to increase while those of coarse grains to decline. (ANI)

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PNB Housing Finance, Yes Bank in co-lending partnership

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By Pnb Housing Finance, Yes Bank In Co-Lending Partnership
Mumbai (Maharashtra) [India], March 5 (ANI): PNB Housing Finance and Yes Bank said on Friday they have entered into a strategic co-lending agreement to offer customised retail loans for homebuyers at competitive interest rates.
Both organisations will jointly do due diligence and co-originate the loan at an agreed ratio. PNB Housing will service customers through the entire loan lifecycle including sourcing, documentation and collection with an information sharing arrangement with Yes Bank.
In 2020, the Reserve Bank of India allowed the co-origination of housing finance companies with banks to enable non-banking finance companies (NBFCs) and other banking institutions to provide mutually-beneficial risk assessment services.
The revised co-lending model introduced in November last year gives lenders greater flexibility vis-a-vis offering higher credit for the unserved and underserved segments of population.
Rajan Suri, Business Head for retail at PNB Housing Finance, said India’s financial sector is witnessing a historical disruption with most banks and NBFCs harnessing the power of new-age technologies to innovate and deliver qualitatively superior products and services to customers.
“The digital transformation has opened up untapped opportunities in the retail home loan space. We have seen a steady demand among working class, especially millennials who are keen to realise their dream of owning a home early in their careers,” he said.
Rajan Pental, Global Head for retail banking at Yes Bank, said the partnership will go a long way to bring local expertise and assist the bank to boost its footprint in newer geographies.
“It is our constant endeavour to curate and innovate products that add value for customers, and source meaningful partnerships that enable us to serve that goal,” he said. (ANI)

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Covid-19 accelerates shift towards digitalisation: Infosys-Milken report

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New York [USA], March 5 (ANI): A new report by digital services major Infosys shows that American employees like working remotely, employers cite greater workforce productivity but how to increase diversity remains a top concern.
The Milken Institute and Infosys report titled ‘Future of Work: Insights for 2021 and Beyond’ highlights insights about remote work based on original research. It examines the pandemic’s impact on the workforce and offers recommendations for employers and employees moving forward.
The report, based upon surveys of employees and managers of large US-based companies, found that 80 per cent of respondents are very or somewhat satisfied with remote work despite higher workloads and a lack of social interactions with colleagues.
Nearly 82 per cent of managers said their employees are working more than they were before the pandemic with over half saying employees were working a lot more.
However, access to remote work options remains inequitable across income brackets with lower-income employees seeing fewer remote job roles.
Specifically, 69 per cent of those with an income below 50,000 dollars a year said they saw increased remote working opportunity compared to 86 per cent of those making over 75,000 dollars a year.
The report finds that the shift to remote work has allowed employers to hire talent beyond where they physically operate. Some firms have used this opportunity to double down on diversity and inclusion.
The Covid-19 pandemic has changed employment forecasts for different sectors. Although utility companies experienced the smallest decline in employment during Covid-19, it is projected to have the largest decline of any sector over the next decade.
By contrast, while leisure and hospitality have been hardest hit, the industry nonetheless expects strong employment growth.
“While the full impact of the pandemic remains unknown, it is clear that the shift towards digitalisation has altered the shape, focus and geographical dispersion of the American workforce,” said Michael Klowden, CEO of Milken Institute.
Ravi Kumar, President of Infosys, said the pandemic has accelerated trends already seen and provided a rare opportunity to clearly envision the future of work in a way that benefits the largest number of people.
“As training and re-skilling become increasingly important, companies that provide their employees with the greatest advancement opportunities will continue to have a competitive edge. They will also be able to meet the diversity, equity and inclusivity challenges the world is facing with greater impact,” he said. (ANI)

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