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IIM Raipur and BCU Sign MoU to Boost Global Business Education with Research and Exchange Opportunities

Mumbai, 21 August 2024:-

To foster global collaboration in academia, Indian Institute of Management Raipur (IIM Raipur) and Birmingham City University (BCU) are excited to announce a significant new partnership aimed at enhancing collaboration in academic and research endeavours. The MOU was signed by Prof. Ram Kumar Kakani, Director, IIM Raipur, and Prof. Eileen McAuliffe, Pro Vice-Chancellor and Executive Dean, Birmingham City University.

This collaboration will focus on a series of initiatives designed to enhance both teaching and research capabilities across both institutions, benefiting faculty, students, and the broader academic community. Under this agreement, the partnership between IIM Raipur and Birmingham City University will foster dynamic academic exchanges, including faculty and staff collaborations to enhance research, teaching methods, and professional development.

Professor Ram Kumar Kakani, Director, IIM Raipur, said, “This collaboration between IIM Raipur and Birmingham City University marks a dynamic step forward, building on our vibrant and emerging legacy. With this partnership, we are creating powerful opportunities for our students and faculty, enhancing our global presence, and unlocking a future filled with innovation and success. The exchange programs will enrich our community, enabling us to forge a strong interconnected network that will drive our growth and excellence in the years to come.”

Dr. Shishank Shishank, Associate Professor at Birmingham City University, stated, “This partnership represents a significant step forward in our mission to foster global collaboration in academia. By working closely with IIM Raipur, we aim to create new opportunities for research, teaching, and student engagement that will benefit both our institutions and the wider academic community.”

Dr. Mrunal Chavda, Assistant Professor at IIM Raipur, added, “We are thrilled to collaborate with Birmingham City University in this initiative. This partnership will not only enhance our academic programs but also contribute to the global exchange of knowledge and ideas, which is essential for addressing the complex challenges of our time.”
Students will benefit from exchange programs and study abroad opportunities, gaining international exposure that broadens their perspectives and skills. Joint research initiatives will address global challenges, leveraging the strengths of both institutions to drive innovation. Additionally, the partnership will include organizing lectures, seminars, and conferences to promote interdisciplinary collaboration. The institutions will also share academic resources and develop joint curricula, further enriching educational offerings and exploring broader academic cooperation in areas of mutual interest.

Prof. Navneet Bhatnagar, Chairperson International Relations, IIM Raipur, said, “On behalf of the International Relations Office of IIM Raipur, I am delighted about IIM Raipur signing the MoU for academic collaboration and exchange with Birmingham City University, UK. This collaboration marks a significant milestone in the commitment of IIM Raipur to global business education, promising enriched opportunities for our students and faculty through shared research, exchange programmes, and innovative academic initiatives.”
Professor Satyasiba Das, Dean External, IIM Raipur, said, “International collaboration is a critical strategic intent of IIM Raipur. With a new international partner line-up, we are steadily progressing towards an institute of excellence with international accreditation and recognition from both industry and the academic community.”

This partnership, defined by Dr. Shishank Shishank, Associate Professor at Birmingham City University, and Dr. Mrunal Chavda, Assistant Professor at IIM Raipur, marks a milestone in strengthening the academic relationship between the two institutions. The seeds of this partnership were laid by Makhan Singh, Senior Partnership Manager – India at BCU.

Mansi Praharaj

August 21, 2024
Global job postings up 7.3 pc in April-June; US and India markets lead

Global job postings up 7.3 pc in April-June, US and India markets leadIANS

Driven by rising demand for talent in the US and India markets, the global hiring activity showed positive trends in the April-June period (Q2 2024), with job postings increasing 7.3 per cent (year-on-year), a report showed on Monday.

Cloud, artificial intelligence (AI), big data, cybersecurity and ecommerce were trending themes in hiring, while RTX, Cargill Inc, LVMH, JPMorgan Chase and Co and Marriott International were among the top recruiters during the quarter, according to data and analytics company GlobalData.

The job market dynamics revealed a positive YoY trend, despite layoffs by major companies like Google, Nestle, Ford Motor, Nike, Amazon and Walmart.

“Travel and tourism, foodservice, and retailing saw significant YoY growth in job postings during the quarter,” the findings showed.

According to Sherla Sriprada, business fundamentals analyst at GlobalData, companies are looking for people with experience in machine learning (ML) hardware platforms, AI solutions, smart robotics trial and AI capabilities.

Global hiring activity showed positive trends in the April-June period (Q2 2024)

“Generative AI (GenAI) has seen a significant rise in demand for talent since April 2023. The US and India were hotspots in Q2 2024. GenAI is finding applications for next generation products and services across industries,” said Sriprada.

Banking and payments and business and consumer services witnessed increased job postings, registering growth in Q2 2024 compared to Q2 2023.

The knowledge of AI platforms continued to be among the key skills sought by companies during Q2 2024.

“Q2 2024 demonstrates the global job market’s resilience, with job postings increasing despite notable layoffs. The growing demand for skills in AI, cloud computing, and cybersecurity signals a strong move towards digital transformation,” said Sriprada.

As travel and tourism and retail sectors continue to grow, the emphasis on tech-savvy talent is set to influence the future of global employment, she added.

Hiring activity in India saw an 11 per cent yearly increase in July compared to the same period last year, with retail and telecom jobs taking the lead, according to a latest report by talent platform foundit.

(With inputs from IANS)

August 19, 2024
Pune Design Community Backs PM Modi’s Vision for Global Design Excellence

Design in India and Design for the World

PUNE: On the auspicious occasion of India’s 78th Independence Day, Prime Minister Narendra Modi announced a groundbreaking initiative, “Design in India and Design for the World.” This ambitious program seeks to build on the success of the “Make in India” campaign, positioning India as a global hub in design based on India’s rich cultural heritage, cutting-edge technological advancements, and abundance of design talent. This announcement has been received with enthusiastic support from the design community, who believe that the Prime Minister’s vision will finally action out the long pending status of India as a global design hub.

Appreciating PM Modi’s focus on design, Balakrishna Mahajan, President- National Executive Council Association of Designers of India (ADI) said, “The announcement comes as a landmark moment for our Indian design community. Today, India is recognized globally for its emerging young designers who play pivotal roles in major companies worldwide. They have received international accolades such as the Red Dot and IF awards for their creativity and quality. The design industry minus fashion and interiors is pegged at around 20k Crores. In developed markets it contributes 2-3% of GDP, our figures could be lower in the range of 0.5% as a conservative estimate.”

Pointing out the potential for AI in the design sector, Mahajan said that “AI is emerging as a powerful enabler rather than a threat for the design industry because AI excels at automating tasks, but the true strength of the design lies in creativity, empathy, and contextual understanding which can only be done by humans.”

Adding further he said, “India today is known as the IT hub, and I am confident that we will soon be known as the Design Hub. India aims to become a $5 trillion economy and integrating design across various sectors will significantly enhance our growth towards achieving this economy.”

Expressing his support towards the initiative Ashish Deshpande, Industrial Designer -Director, Elephant, Past President, Association of Designers of India said, “If our economy decreases its reliance on foreign exports and needs new markets in the world, focus on good design is essential. Promoting ‘Design in India, Design for the world’ will provide the much-needed policy impetus to the Design profession. This vision will be possible if a solid ecosystem is developed between policymakers, Governing bodies, the manufacturing industry, skill & craft development, and the design profession.”

Prof. Dr Nachiket Thakur, Director, MIT Institute of Design, MIT Art, Design & Technology University, Pune, and member of the National Executive Council of the Association of Designers of India said, “The evolution of design as formal education in India has been remarkable, with over 100 institutions offering undergraduate and postgraduate degrees in various design specializations. Over 10,000 students have graduated from these institutions, making design a fascinating alternative to traditional fields such as engineering, architecture, and fine arts. Countries in Scandinavia, Europe, and America have long emphasized design in education and were considered competition, however, with Indian talent soaring high, they are now keen to forge connections with Indian educational institutions and view India as an emerging market. With the implementation of the National Education Policy in 2020 along with successful initiatives like ‘Make in India,’ ‘Atal Innovation Mission,’ and ‘Startup India,’ the design education sector is on an upward growth”.

August 19, 2024
Sensex trades higher on positive global cues, gains 200 points; Nifty up 80pts

IANS

Indian equity benchmarks opened in the green on Monday, following positive sentiments in global markets.

At 9:40 a.m., Sensex was up 200 points or 0.25 per cent at 80,636 and Nifty was up 80 points or 0.33 per cent at 24,621.

Broader market trends remain positive. On the National Stock Exchange (NSE), 1,784 shares are in the green and 389 in the red.

Nifty midcap 100 index is up 409 points or 0.71 per cent at 58,068 and Nifty smallcap 100 index is up 1.46 per cent at 18,705.

Among the sectoral indices, PSU bank, fin service, metal, realty, pharma, energy and infra are major gainers. Auto is the only laggard in NSE indices.

In the Sensex pack, NTPC, SBI, Tata Steel, Titan, ITC, Reliance, Wipro and Bajaj Finance are top gainers. M&M, Nestle, Tata Motors, Axis Bank, HDFC Bank, Bharti Airtel and ICICI Bank are top losers.

Mixed trading is taking place in Asian marketsIANS

Choice Broking analyst said: “After a positive opening, Nifty can find support at 24,500 followed by 24,450 and 24,350. On the higher side, 24,700 can be an immediate resistance, followed by 24,750 and 24,800.”

“The charts of Bank Nifty indicate that it may get support at 50,500, followed by 50,300 and 50,200. If the index advances further, 50,800 would be the initial key resistance, followed by 50,900 and 51,100,” he added.

Mixed trading is taking place in Asian markets. Tokyo and Seoul are in the red. Shanghai, Hong Kong and Bangkok are in the green mark. US markets closed with gains on Friday. Crude oil benchmark Brent crude was at $79.58 per barrel and WTI crude at $75.41 per barrel.

The foreign institutional investors (FIIs) turned net buyers on August 16 as they bought equities worth Rs 766 crore, while domestic institutional investors also bought equities worth Rs 2,606 crore on the same day.

(With inputs from IANS)

August 19, 2024
Oakridge Bachupally Teachers Join Global Education Leaders at Nord Anglia Conference

19th Aug 2024 Hyderabad, Telangana, India Faculty from Oakridge International School Bachupally (OISB) played a leading role in the groundbreaking Nord Anglia Education Teaching and Learning Conference held recently in Hanoi, Vietnam. This prestigious global event brought together over 200 educators from 15 countries, fostering collaboration and exploring innovative teaching methods to advance educational standards worldwide.

The conference featured esteemed educators, thought leaders and practitioners sharing valuable insights on personalized learning, technology integration, and fostering inquiry-based learning environments. Attendees participated in workshops exploring cutting-edge methodologies and the importance of incorporating diverse perspectives into the curriculum to prepare students for success in an interconnected world.

Ms. Baljeet Oberoi, Principal, Oakridge International School Bachupally took centre stage as a presenter on educational leadership and innovation. Her presentation underscored the immense potential of Artificial Intelligence (AI) in revolutionizing teaching, learning, and even school administration. Ms. Oberoi highlighted how technology can empower educators and personalize learning pathways for students.

Ms. Oberoi’s quote, “The conference provided a platform to explore how technology is redefining the role of a teacher. It’s a journey towards building flexible academic structures that can adapt to the challenges of our rapidly evolving world. AI has the potential to personalize learning experiences and empower educators in ways we haven’t even imagined yet. At the same time with advancement of technology, the well-being of our stakeholders is becoming enough more imperative. Prioritizing well-being encompasses nurturing physical, mental, and emotional health to foster a balanced and fulfilling life.”

Special guest, Dr. Elise Ecoff, Nord Anglia Education’s Chief Education Officer, joined the conference virtually from the United Kingdom. Dr. Ecoff shared pioneering developments in Nord Anglia’s digital research and advancements, including the application of AI in education. Her insights focused on how these advancements will work together to create an enriching educational foundation for children.

Ms. Anuradha, Head of International Curriculum, emphasizes the power of innovation: “The conference was a dynamic space for innovative leaders ready to redefine education. The SEAMEl “Innovate” conference has set the stage for educators to lead the way in ensuring every learner thrives in this new landscape.”

Ms. Subha Laxmi, SI Unit Coordinator said, “As someone who represents well-being, the SEAMEl conference offered unexpected insights. It provided the opportunity to meet with people involved with student well-being programs. There was a lot of talk about inclusion and how to make schools more inclusive.”

August 19, 2024
Singapore likely to see mpox cases due to global connectivity, says Health Minister Ong Ye Kung

Singapore is likely to see a rise in mpox, formerly monkeypox, due to its global connectivity, Health Minister Ong Ye Kung stated recently. The lawmaker, however, said that the immediate risk of the infectious disease in Singapore is low currently. The virus has been spreading rapidly in parts of Central and East Africa, forcing the World Health Organization to declare it a public health emergency.

The WHO has declared Mpox a global public health emergency. Photo courtesy: Unsplash

In 2024, Singapore has recorded 10 cases of mpox till July 27. Last year, the 32 cases of the infectious viral disease was recorded in the city-state. The Ministry of Health (MOH) confirmed on Thursday that all cases in Singapore have been of the clade II strain.

The Health Minister made the comments while addressing an Employment and Employability Institute (e2i) event in Sembawang on August 17.

Minister Ong said that the situation is worrying, adding that “probably Singapore will be one of the first places to find (mpox) cases because of our flight connections”.

The minister also spoke about the country’s readiness in fighting the outbreak.

“There are several strains, one major strain that we’ve been encountering that’s called clade II. Clade II has a fairly low case fatality rate, about 0.2 percent,” he added, as quoted by CNA. “It is not very, very high compared to other endemic diseases that we’ve been dealing with.”

The minister, however, said that the strain prevalent in Africa, clade I, has a fatality rate of around 3.5 percent to 4 percent. Another variant, clade Ib, accounts for 0.7 percent death rate.

“Of course, these are numbers recorded from Africa … Africa has many healthcare challenges, and coming to Singapore, with our healthcare system and our ability to treat the cases, we hope we can bring it down significantly,” he said.

The minister urged Singaporeans to “live life normally”.

“Stay healthy, because if you are healthy, less likely you’ll be affected by all these diseases,” he said. “If you’re unwell, you start having lesions, you know, like chicken pox type of rashes and chicken pox type of symptoms. Please isolate yourself. Inform, go see a doctor, inform the people close to you so that they can take medication.”

The Health Ministry said it has informed all medical practitioners and healthcare institutions to be vigilant in detecting and reporting all mpox cases, including those suspected of clade I infections.

All travellers have also been directed to report mpox-related symptoms, like fever or rash, as well as their travel history. This will allow the country to detect cases early and prevent an outbreak in Singapore.

People suspected to have been affected by the clade I strain of the mpox will be isolated in hospitals. Close contacts of confirmed cases will be quarantined for up to three weeks and monitored, MOH stated.

August 18, 2024
Going global: UAE opens Rupee payment mode via UPI to encourage Indian customers

UAE merchants accept Rupee via UPI to attract Indian customersIANS

The government of India has been promoting UPI as a global payment platform. Now merchants in the United Arab Emirates (UAE) are accepting payments via UPI in Rupees to attract Indian customers.

One of the biggest retail companies in the UAE, Lulu has started giving customers the option to accept payments through UPI in all its stores in the country.

Indian citizens can easily make payments using the UPI app just like in India. The amount paid will be deducted from their bank account in India. So Indian citizens and NRIs can easily do shopping in UAE through UPI in Rupees like in India.

UPI payments were launched in the UAE in the beginning of July. Apart from Lulu, payments through UPI are being accepted by many big and small merchants across the UAE.

Indian citizens and NRIs in the UAE can easily pay through QR codes through Point of Sale (POS) machines.

According to the NPCI: “The number of Indian travellers in the Gulf Cooperation Council (GCC) is estimated to reach 98 lakh in 2024. Around 53 lakh Indians are likely to reach UAE alone.”

The Government of India, the Reserve Bank of India (RBI), and NPCI International are working together to promote UPI on the global platform.

RBI and NPCI International are working together to promote UPI on the global platform.IANS

UPI is officially accepted in Nepal, Sri Lanka, Mauritius, UAE, Singapore, France, and Bhutan.

The Unified Payments Interface (UPI)-based transactions surged 35 per cent on a YoY (Year on Year) basis in the month of July, reaching Rs 20.64 lakh crore against Rs 20.07 lakh crore.

The total UPI transaction count went up almost 4 per cent (month-on-month) to 14.44 billion in July from 13.89 billion in the previous month.

As the UPI success story is being adopted by several countries, the average daily transaction volume stood at 466 million last month, compared with 463 million in June.

(With inputs from IANS)

August 17, 2024
Unlocking Global Opportunities: How World Education Services and National Skill Development Corporation Empower Learners

World Education Services and National Skill Development Corporation

Enhancing Digital Verification of Academic Records from India

INDIA: The National Skill Development Corporation (NSDC) and World Education Services (WES) have partnered to streamline the verification and transfer of digital academic credentials from Indian education institutions and boards to WES.

“NSDC and WES are united in their mission to empower the young generation through education, economic advancement, and social inclusion. This new partnership enhances WES’s ability to provide even better support to the people and organizations we serve. As we celebrate our 50th anniversary at WES, we know that India will be an important part of our global future, and it is an important part of the future of our organization. Through this partnership and others, we will be able to broaden and deepen our impact as we seek to support global mobility and advance opportunity in India and beyond.” said Esther T. Benjamin, CEO and Executive Director of WES.

The partnership will provide real-time and comprehensive support to applicants issuing institutions and recipients. By leveraging blockchain technology, NSDC ensures a secure and transparent method of sharing information, significantly enhancing document security and minimizing the risk of fraud. This partnership represents another important milestone for WES towards increasing the global mobility of students and immigrants while upholding the TRUST and authenticity of academic credentials.

Ved Mani Tiwari, CEO of NSDC and MD NSDC International, also expressed his enthusiasm for the partnership, stating “At NSDC, we are committed to leveraging innovative technologies to enhance the credibility and efficiency of academic credential mobility. This partnership with World Education Services marks a significant step forward in our mission to facilitate global mobility for Indian students and professionals. By reducing application processing times from 5-6 weeks to merely one week in most cases, we are streamlining the verification process and ensuring secure, swift transfer of verified academic records. This collaboration not only eases administrative burdens but also strengthens the foundation of trust and transparency in academic qualifications. We are excited about the transformative potential of this collaboration and look forward to empowering countless individuals to achieve their educational and professional goals worldwide.”

Together, NSDC and WES are committed to empowering individuals with seamless access to global educational and professional opportunities, fostering a future of trust, transparency, and success.

August 17, 2024
Foxconn Investment to Boost Global Manufacturing Aspirations: IT minister

IANS

Hon Hai Technology Group, popularly known as Foxconn, has announced its investment plans for the country. The news was confirmed by Union Minister for Railways, Electronics and IT and I&B, Ashwini Vaishnaw, who met with Young Liu, Chief Executive Officer and Chairman of Foxconn, in New Delhi on August 16. Vaishnaw, in a post on a social media platform, expressed his gratitude towards Liu for his continued investment plans. He stated, “As we strive to make Bharat a global manufacturing hub, thanks to Foxconn’s Chairman Young Liu for his continued investment plans.” This statement reflects the Indian government’s commitment to transforming the country into a global manufacturing powerhouse.

The meeting between Vaishnaw and Liu followed a previous discussion between Liu and Prime Minister Narendra Modi. The two leaders explored several opportunities in futuristic sectors such as artificial intelligence (AI), semiconductors, local electronics manufacturing, and more. These sectors are considered critical for India’s technological advancement and economic growth. In his Independence Day address, PM Modi emphasized India’s potential to develop a ‘Made in India’ chip for every piece of equipment. He highlighted the country’s transformation from an importer of mobile phones to a significant manufacturing hub. The Prime Minister also stressed the importance of semiconductors, modern technologies, and artificial intelligence, stating that they are inextricably linked to our future. He further revealed that work has already begun on the Indian Semiconductor Mission.

Foxconn, a key supplier for Apple and a leading player in the global technology industry, is known for its significant contribution to iPhone exports from India. The Taiwanese technology giant, which manufactures around 70 per cent of iPhones globally, is investing heavily in local manufacturing in India. This move aligns with the Indian government’s push for ‘Make in India’ and is expected to boost the country’s manufacturing sector. Foxconn’s commitment to India is further demonstrated by its plan to invest an additional Rs 3,300 crore in its manufacturing facility in Telangana. This investment will take the company’s total investment in the state to more than Rs 4,550 crore. This substantial investment is a testament to Foxconn’s confidence in India’s manufacturing capabilities and its potential as a global manufacturing hub.

IANS

The Indian government’s commitment to reforms and the creation of a conducive environment for businesses has been instrumental in attracting global investments. PM Modi, in his address, emphasized that the reforms are not out of any compulsion but are aimed at making India and its economy stronger. He stated, Our commitment is Nation First with national interest being supreme. The Prime Minister also highlighted the overhaul of the banking sector, which has strengthened the formal economy and addressed the banking needs of the poor and middle class. He called for a state-level investment competition, urging state governments to establish clear policies to attract investments and ensure good governance.

Foxconn’s investment in India is a significant milestone in the country’s journey to become a global manufacturing hub. It not only underscores the confidence of global companies in India’s potential but also aligns with the government’s vision of making India a leader in futuristic sectors like AI, semiconductors, and electronics. With continued reforms and a conducive business environment, India is well on its way to realizing its dream of becoming a global manufacturing powerhouse.

August 16, 2024
Metaverse911 Launches Employment-Focused Extended Reality Certification Course for Global Learners

August 13, 2024,New Delhi, Delhi, India : Metaverse911 announces the launch of an employment-focused Hybrid Extended Reality (XR) Course for global learners. The course offers software engineers, technology professionals and Entrepreneurs a significant opportunity to integrate their careers with Extended (XR) / immersive technologies.

“Metaverse911 has been at the forefront of advancing extended technologies, helping dozens of XR product and platform companies to establish and succeed in the industry. We understand their people’s needs, and with MECversity, we aim to fulfill the growing demand for trained manpower,” said Rrahul Sethi, Chairman & Founder, Metaverse911.

“XRization of enterprises is inevitable. Every process touched by the internet today will transition from 2D to a 3D immersive environment, whether in customer experiences, staff training, factory monitoring, gamification, generative AI agents, sales, or HR. Our course is designed to provide work skills that boost career prospects for learners, technology professionals, and entrepreneurs,” said Rohit Verma, MD & CEO, Metaverse911.

This Hybrid Extended Reality Course leverages the latest advancements in virtual and augmented reality technologies. By combining traditional online education with immersive experiences, the course offers learners a unique opportunity to engage deeply in hands-on experiences at the Metaverse Experience Center, with live projects from m911’s exclusive XR partners.

August 15, 2024