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Xub magis republic day edition vol1

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Xub magis republic day edition vol1

  1. 1. Happy Republic Day Greetings! Only a year ago we had the privilege and the honor of becoming India’s first Jesuit University and quickly another successfully year has rolled by. We made history in establishing Xavier University and we continue on our journey of delivering quality education with excellence and integrity comparable to the best, carrying out the mission of inspiring futures, inspiring future generations. The XUB-Magis is our initiative to share with you periodically the highlights of happenings at the University. We invite your support and encouragement. I thank the student editorial team for their communicative spirit in bringing out XUB-Magis to connect Xavier University with the people. We are proud to be Indians and we salute the free spirit of our Nation. God Bless! Prof. Dr. Fr Paul Fernandes S.J. Vice Chancellor Xavier University, Bhubaneswar
  2. 2. Government of Odisha in collaboration with XIMB, XUB established the Centre for Excellence in Fiscal Policy and Taxation (CEFT), on 7 th September, for research support and academic input for mobilization of resources through tax and non-tax revenues, inter-governmental transfers, rationalization of public expenditures and for formulation of fiscal policies. Shri Naveen Patnaik, Hon’ble Chief Minister of Odisha, inaugurated the CEFT in the presence of Shri Pradip Kumar Amat, Minister of Finance, Govt. of Odisha. The first National Conference of CEFT was also held at the occasion wherein two key issues namely, “Changing Paradigm in State Finance” and “Financial Stability and Macro Economic Fiscal Policy” were discussed. Dr.Tapas K Sen, Professor, National Institute of Public Finance and Policy, New Delhi and Shri B.M Misra, Principal Advisor, Dept. of Economic Policy and Research, Reserve Bank of India, moderated them. Speakers for the session included noted personnel namely, Dr. Debashis Acharya, Professor, School of Economics, Central University of Hyderabad; Shri S.P Mohanty, Dy. General Manager, RBI; Dr. CS Mohapatra, IES, Joint Secretary, Advisor (FS), Ministry of Finance, Govt. of India and Dr NR Centre for Excellence in Fiscal Policy and Taxation (CEFT) XIMB, XSHRM, XSRM, XCOMM, XSoS, XSC
  3. 3. Bhanumurthy, Professor, National Institute of Public Finance and Policy, New Delhi. The School of Sustainability organized a Summit on Sustainability Leadership during 5-6 th July. The Development Commissioner-cum-Additional Chief Secretary and Secretary, Planning and Coordination Department, Government of Odisha, Sri Upendra Nath Behera, IAS, was the chief guest. With the launch of Uber Cab services in Bhubaneswar, XIMB hosted Uber on campus on 15 th July. Mr Varun Mundkur, Senior Launcher at Uber interacted with the students on the changing mobility needs of the cities and how Uber has evolved in meeting those needs. He also spoke about Uber providing sustainable means of livelihood by employing drivers, a significant part of which are women. The session ended with the launch of the competition ‘Uber in XIMB’ wherein the participant teams competed to get maximum number of non Uber users to sign up on Uber using various social media platforms. Start-up weekend is a global network of entrepreneurs and leaders on a mission to inspire educate and empower individuals to start their own companies. This event was a joint initiative by X-SEED, the idea and initiative cell of XIMB, E-cell of CET and Google Business Group, Bhubaneshwar. It was a 54 hour event that took place over 3 days from 14 th August to 16 th August and was the first event of its kind in the state. The judging panel included the professor of Finance, XIMB Shridhar Dash and founder of mysmartprice.com Sitakanta Ray and CEO of Mindfire Solutions Chinmoy Panda. It was held for the first time at XIMB where the budding managers of XIMB learned the basics of founding start- ups and launching ventures. XIMB hosted a series of business conclaves conducted by Finance, Marketing, Operations, Systems, Consulting& Strategy, HR, RM Committees and the Media & PR Cell of the institute. Eminent speakers from the industry were invited to speak on diverse issues ranging from, “India: An investment destination”, “Evolution of Brands and Consumer interaction”, to “Crowd sourcing in Media”. The list of industry stalwarts included Mr. Prabhu Chawla (Seedhi Baat, Aaj Tak fame), Mr. Ambika Prasad Mohanty (Reliance Foundation), Mr. Pradeep Deshpande (Schneider Electric), Mr. A Karthik (Ashok Leyland), Mr. Ashok Dash (Microsoft Corporation, India), Mr. Ramesh V.S. (Godrej & Boyce Mfg. Co. Ltd.), Mr. Joseph Bosco (Karamel Knowlege Ventures), Mr. Sanja Tripathi (HDFC Life), Mr. Arvind Suri (Sun Pharma). The series of business conclaves helped students gain insights on the current trends and situations in the market. Also, the problems faced in these industries and ways to tackle them were another take away for the students. Being addressed by such eminent speakers on these topics enabled the students to decide their future course of action for their careers. Sustainability Leadership Summit Uber on Campus Start-up weekend Business Conclaves
  4. 4. XIMB hosted the Eastern Zone regional finals of season IV of Maverick, the annual industry academia connect by Deloitte on 17 th August. 16 teams from various colleges in the east including IIM Shillong, IIM Ranchi, and XLRI, participated in this event, which offered students a chance to work on simulated business case studies and come up with innovative and sustainable solutions. Finally, 3 teams made it to the finals which included team Skunkworks from XIMB, Marketing Mafia from IIM-C and Ranchi Dreamers from IIM-Ranchi. A Discussion session by the British High Commission, Kolkata and the British Council organized on 26 th August. "GREAT Conversations - Future of Indian Cities", moderated by Mr. Scott Furssedonn-Wood, the British Deputy High Commissioner for Eastern India with expert speakers, Ms. Karuna Gopal, an internationally acclaimed thought leader, columnist, keynote speaker and advisor on SMART CITIES & Ms. Bee Rowlatt, a writer, journalist, author of the best-seller “Talking about Jane Austen in Baghdad” in Oct 2015. Human Resource Management as a function in the organizations is increasingly becoming recognized as a strategic business partner in their quest to become high performers. Recognizing this fact, Xavier School of Human Resource Management, in association with National HRD Network (NHRDN) organized a special HR roundtable conference at Hotel Leela Palace, Gurgaon on 26 th September. The agenda of the conference was to discuss the role of HR practices in High performance organizations and people focussed HR practices in the new millennium. The speaker panel included esteemed HR personnel from the industry namely, Mr Deepak Bharara - CHRO Lanco, Mr Rajiv Kapoor - Chief People Officer, Fortis, and Mr Sarab Preet Singh – Head, Talent Acquisition, Learning and Development, Citibank. Sanidhya – the annual alumni meet that is held across cities, comes home to the city of temples- Bhubaneshwar for the last one of the year. The Bhubaneswar Alumni Chapter and the Alumni Committee of XIMB jointly organized the event, which was held on 4 th October at XIMB Auditorium. Indian cricket commentator, Harsha Bhogle and revered actor and director, Rajat Kapoor, interacted with the students and alumni. The Annual General Body Meeting of XIMB Alumni Association, a body registered at the national level, was held during Sanidhya, which attracted a large number of alumni. The students of the Alumni Committee displayed the student activities through a video presentation. Sanidhya is held every year across major cities of the country and gives a Deloitte Maverick GREAT Conversations – Future of Indian Cities HR conclave in collaboration with NHRD Sanidhya 2015
  5. 5. platform to the Alumni to connect with the alma mater. Gramotsava, the Rural Marketing fair of XIMB is a three day event which was launched on 8 th October in Xavier Institute of Management, Bhubaneswar. This year Gramotsava was organized in the haats of Begunia and Tangi (Khurda). It is the flagship event of RMAX-Rural Manager’s Association of XIMB. The Theme for this year, “Connecting India: Digitalization” is inspired by honourable Prime Minister Mr.Narendra Modi’s initiative, ‘Digital India. Gramotsava is organized by RMAX in the “haats” of rural Orissa. This ensures a comprehensive study of the tastes, choice and preferences of the rural market through qualitative and quantitative research methods and subsequent impact analysis. The students of Rural Management promoted the event through Skits, Nukkad Nataks, Songs and Van promotion. The tireless efforts of the students attracted several Self Help Groups, Businessmen, farmers and other rural customers. XIMB along with the Bhubaneswar Alumni association hosted one of the most eminent personalities in the world of Cricket, Mr. Harsha Bhogle on campus on 4 th October. The entire XIMB fraternity listened in awe to the most influential speaker that he is and he left the audience completely captivated by his thoughts on various issues. Instantly this witty man connected with the crowd and shared his insights ranging from his own personal life, his take on life, the electrifying experience he had in the commentary box. Maverick film director, Imtiaz Ali visited Xavier Institute of Management, Bhubaneswar, on 10 th October, to have an interactive session with the students of the B-School. Mr. Ali, who has delivered super-hit gems like "Jab We Met", "Love Aaj Kal", "Rockstar" and "Highway", answered questions posed by the students and faculty members, shared incidents from his personal life and also gave some valuable advice. The campus round for Mahindra War Room Season 8 took place at XIMB on 14 th October. Seven teams were shortlisted among which the winners, qualified to the next round. The theme for season 8 was ‘Infinite Possibilities’. Gramotsava Celebrity Talk Mahindra War room
  6. 6. The University hosted the National Conference on Jesuit Higher Education “Strategic Leadership in Higher Education: Options For The Future” during 22 nd – 25 th October. Dr. B. Muthuraman, Ex-Vice- Chairman, Tata Steel Ltd., Fr. George Pattery, S.J., Provincial of South Asia, Prof. T. V. Rao, Chairman, TVRLS, Ahmedabad and Mr. Simanta Mohanty, Executive Chief consultant, Rashtriya Uchchatar Siksha Abhiyan (RUSA), Ministry of HRD, New Delhi, took sessions and sharing their views with the participants. The School of Communications hosted the international media conference on “Mass Mediated Culture and Trend Today: Challenges and Opportunities” on 7 th November. Mr. Krishna Prasad – Editor in-Chief of Outlook, was the Chief Guest and OTV the conference partners. "Xpressions'15", the flagship Management- Cultural fest of Xavier Institute of Management, Bhubaneswar, concluded successfully on 15 th November. Spread over three days, 13-15th of November, the fest witnessed a huge number of participants from reputed colleges such as XLRI, IIM Bangalore, IIM Shillong, Great Lakes Institur Of Management, IMI Delhi, MDI Gurgaon, etc. Around 3000 students participated in various events such as Gladiator, Helios, Goonj, Aaghaz etc, and the final night, which had the Vishal-Shekhar concert, saw a footfall of more than 20,000 people. Xavier School of Human Resource Management (XSHRM), in collaboration with IIRA AND FES hosted a National Conference from 4–5 th December on “Make- in- India initiatives and changing paradigms of Industrial Relations.” Hon’ble Justice Shri Gopal Ballav Patnaik, former Chief Justice of India delivered the Inaugural keynote address. Prof. (Dr.) E.M Rao, was felicitated and honoured during the conference for his immense contribution to the field of IR and Labour Laws. National Conference-Jesuit Higher Education School of Communications Conference Xpressions ‘15 IR Conference by Xavier School of HRM
  7. 7. The Institute’s Foundation Day celebration on 7 th December was made special with Mr. D Shivakumar, Chairman & CEO, PepsiCo India Holdings Pvt. Ltd. delivering the 13th XIMB Foundation Day Lecture. International Conference on Information Technology (ICIT-2015), a premier forum for sharing high quality research in the areas of Information Technology was inaugurated at XIMB on 21 st December in technical collaboration with IEEE. A three day event continued till 23rd December where participants presented their research findings on various topics of IT and its applications. Grand homecoming 2015 was held from 26-28 th December for the batch of 1988-90 where the alumni revisited their days at XIMB. There was an interaction session with the batch of 2015-17. Xavier School of Rural Management and XIMB RM AlCom were privileged to host the Reunion of the RM batch of 2001-03 on 16 th and 17 th January. Dressed in traditional attires of various states across the country, budding rural managers of Xavier School of Rural Management staged a colorful show at the Rural Living and Learning Experience (RLLE) Mela at Xavier University on 13th January. The event showcased the learning of local culture, livelihood, governance and business during their 45-day village stay. As many as 81 students participated in the programme between November 17 and December 31 last year. Xavier University has tied up with organisations such as Unnati, Setu Abhiyan, Parivar Vikas, SLI-Auroville, Mrida, Agragamee, Seva Mandir and Tambul plates. Foundation Day International Conference on IT Grand Homecoming – Batch of 1990 Rural Living and Learning Experience: Working at the Grassroots
  8. 8. Xavier Institute of Management, Bhubaneswar has been ranked as the 11th Best B-School in India by the latest Outlook B School Ranking. The 2015 edition of the popular annual ranking of B Schools has also adjudged the infrastructure of XIMB as the third best among the B Schools of India. As per the ranking, XIMB is the third best institute providing management studies in the eastern part of the country. As per the ranking, XIMB is also one of the preferred choice for the recruiters as it has been ranked as the 8th best management institute in India for placements parameter. The result of this ranking published by Outlook has proved the commitment of XIMB to provide quality management education and create competed and compassionate leaders through capacity building, technology enabled learning and organizational development. Outlook B-School Ranking 2015 Student Achievements
  9. 9. Srikumar Misra (Batch of 1999-2001) Founder of Milk Mantra Business Leader Award to Milk Mantra was given 'Odisha Citizen Awards‘ Deva Dhar (PGDM 1987-1989) Won "Business Development Award" at the Arthritis NZ Awards Night in Christchurch. Adwaita Govind Menon (FPM Alumnus) working with KPMG in Dubai, has been chosen for the Top Emerging HR Leaders of 2014 Award. Dapinder Singh (PGDM-HRM 2011-2013) Received the Golden Globe Tiger Awards at Kuala Lumpur , Malaysia Ravi Kumar, Executive Vice President of Infosys, New York MIT Forum for Supply Chain Innovation honoured him with expanded role on its Technology Advisory Board. FinalMile, co-founded by our Alumni Mr. Biju Dominic (1988-1990 Batch) & Mr. Anand MP (1995-1997 Batch) Won the Best Case Study Award at ESOMAR 2015. Nandikolla Venkat Kumar (PGDM-BM 1996-1998) Won the Chairman's Award in Mindtree this year. Mritunjay Kumar, (Batch of 2002-04) Chief Business manager, Biostadtindia Limited qualified for the finalist in Agro Awards in two categories “Best Public Outreach Programme & Best Packaging Innovations” at Agrow Awards - 2015, London (UK). Milind Geete (PGDM-BM 2011-2013) Received the Deltapine Champion Award. Anirban Gupta PGDM-RM (2002-2004 Batch) Won SEED Recognition Award Dr Sanjay Mohapatra Professor at XIMB (PGDM-BM 1991-93) and Shriram Misra (PGDM-BM 2013-15), Mr Rohit Padhi, Mr Subhabrata Nath Sharma, Mr Vikram Swain, Mr Subhajit Deb, Mr Neelakanth Veluru & Tanay Saha Dalal (Batch of 2013- 15) Bag the 6th place in Emerald-UUM case writing competition. Uday Satpathy's (PGDM-BM 2008-10) His Novel BRUTAL joined ranks of bestseller books Alumni Achievements
  10. 10. It was indeed a proud moment for XIMB, XUB as Prof. Asit Ranjan Mohanty was nominated as the Chair Professor of the Centre for Excellence in Fiscal Policy and Taxation (CEFT). Excerpts from the interview: Firstly, sincere congratulation Sir, for your new appointment. Thank you very much for your wishes!! 1. Academicians have been consulted before in matters of Fiscal Policy. How does establishment of CEFT bring a difference? A) Fiscal policy as such is one of the important areas in the economy. After the 14th Finance Commission recommendations, the issue has become very prominent. In a sense, the central government has stated that states should become self-reliant in terms of revenues and their efficient allocation. This is where CEFT assumes a unique role of examining and investigating empirically any kind of policymaking decision on state finance. 2. What are the current challenges that Odisha is facing in this regard? A) After the 14th Finance Commission recommendations of the period 2015-20, the share of funds to Odisha has declined drastically. Odisha is an economy where industrial activity is not very prominent and as such the sector contributes to only 15% of the state’s revenue. Likewise, very less revenue is mobilized by the agriculture sector. Services sector is prominent but the revenue generated by it goes to the centre and not to the state. With this, augmenting revenue efficiently becomes a big challenge. When business units are taxed, it affects them negatively. But we have to raise tax in an efficient manner which will lead to augmentation of tax revenue which in turn would lead to optimization of expenditure and increased growth rate. 3. Will CEFT look after Odisha specific Fiscal Policy matters only? Is there a plan to take it to other states? A) Yes, for a comparative analysis which is very much a part of our study, we have to look at other states for a learning experience. Therefore, in this regard, we may go to other states and interact with their policymakers and look at how they implement their schemes. 4. Can you please share the vision and mission of CEFT? A) The mission of CEFT is to carry research on overall fiscal policy of the state and to provide assistance to the government of Odisha for formulation of monetary policies and to provide analytical reports in order to implement different schemes with respect to fiscal and taxation matters. Also, it would provide inputs with a strong academic base and core competency in federal finance to the government. The vision of CEFT is to position itself as a nodal point of policy research with sound principles of taxation and fiscal prudence. This will ensure that FRBM (Fiscal responsibility and Budget Management) Act has been carried out in Odisha in letter and spirit. Editorial Team: Akasdeep Bhadra, Isha Das, Rupal Singh Chauhan, Sashidhar Emani, Swapnika Das, Swati Mohanty, Upasana Samaddar Faculty Interview
  11. 11. © A Newsletter of Xavier University, Bhubaneswar XUB-Magis