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Posts Tagged ‘top PGDM colleges’

“Rashtriya Shiksha Gaurav Puraskar – 2017”

December 9, 2017 Leave a comment

IMS Ghaziabad is pleased to share that Dr. Tapan Kumar Nayak, Director-IMS Ghaziabad has been conferred with prestigious “Rashtriya Shiksha Gaurav Puraskar – 2017” during 3rd Higher Education Summit by Center for Education Growth and Research (CEGR) on December 08, 2017 at India International Center, New Delhi for his outstanding and exemplary contribution towards education and skill to the society.

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Celebrity Night & Felicitations of Winners – Day 2 @ Melange-17

November 25, 2017 Leave a comment

Paridhan – The Fashion Show @ Melange -17, November 23, 2017

November 23, 2017 Leave a comment

Melange – 17, An Inter Institute Annual Cultural Festival

November 15, 2017 Leave a comment

Ranked 11th among Top B-Schools of Super Excellence and 2nd among Top Private B-School, in U.P in India by CSR-GHRDC B-School Survey 2017

October 26, 2017 Leave a comment

IMS Ghaziabad achieved yet another milestone; it has been ranked as 11th (last year 12th) among Top B-Schools of Super Excellence in India and 2nd among Top Private B-School, in U.P by Competition Success Review GHRDC B-School Survey 2017.
Keeping the Glorious Legacy of Academic Excellence ahead in its 28th Year, IMS Ghaziabad has been consistently bestowed with Top Accreditation, Awards, rating and Rankings among Top B-Schools of India by Apex Bodies like NAAC, ASSOCHAM, TOI, Business Standard, Chronicle, Outlook, the week and others.

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Special Lecture on “Corporate Governance” held on October 24

October 25, 2017 Leave a comment

Special Lecture on “Corporate Governance” held on October 24, 2017

Under the auspices of “Special Seminar Series”, a Special Lecture was delivered by Prof. J.P.Sharma, Director, IMS Ghaziabad, on “Corporate Governance”, on October 24, 2017. Prof. Sharma is quite instrumental in initiating “Special Seminar Series”, keeping in mind the creation of ambience of “Knowledge Dissemination “among IMSians.
In his opening remarks, Prof. Sharma told that topic like “Corporate Governance” was relatively unknown two decades ago. He further elaborated how three London based big corporate failed in 1991 and subsequently Sir Adrian Cadbury Committee was assigned to explore the causes and submit report. The UK Government adopted the report submitted by the Sir Adrian Committee in toto. While sharing his personnel experience Prof. Sharma also revealed how he was tempted towards research on “Corporate Governance”, during his first visit abroad to UK Europe. Later on he undertook self financed study tour to Andhra Pradesh (AP) in order to explore Satyam fiasco in 2009. In his view, one-third listed companies are managed by families. Infosys is a classic example of sound governance. Prof. Sharma further quoted Sir Adrian Cadbury for defining “Corporate Governance” – as the way the company is directed and controlled. He further discussed theories of CG- Agency Theory, Stakeholder Theory and Stewardship Theory. He asked on whose behalf the company is governed. To answer this, Solomon v/s Solomon was referred. He also highlighted models of Corporate Governance including single tier and two tier system and Independent Board. He also touched upon Global Codes- need for codes and standard and CSR. How India has become one of the first country to implement CSR, since it was implemented in April 01, 2014.

Such a pithy “Seminal Lecture”, delivered by Prof. J. P. Sharma , was indeed based on ‘facts and quality research’ inputs and it left an everlasting imprint on the minds of the audiences. In the presence of PGDM Chairperson- Dr. Tapan Kumar Nayak and distinguished faculty members, Chairperson for “Special Seminar”- Dr. S. K. Dube expressed vote of thanks to the Director, Prof. J. P.Sharma Sir, for his ‘insightful lecture’ and keeping the flame of “Knowledge sharing” alive in IMS.
Prof. J.P.Sharma Sir, for his ‘insightful lecture’ and keeping the flame of “Knowledge sharing” alive in IMS. Dr. S. K. Dube expressed vote of thanks to the Director, Prof. J.P.Sharma Sir, for his ‘insightful lecture’ and keeping the flame of “Knowledge sharing” alive in IMS.

Special Seminar on “What went wrong with Satyam & Kingfisher”

September 28, 2017 Leave a comment

Special Seminar on “What went wrong with Satyam & Kingfisher”, September 27, 2017

Under the auspices of “Special Seminar Series”, a Special Lecture was delivered by Prof. J.P.Sharma, Director, IMS Ghaziabad, on “What went wrong with Satyam & Kingfisher” on September 27, 2017. Prof. Sharma, with his vast experience and innumerable publications on the related topic of “Corporate Governance”, engaged the PGDM I Year IMSians on an academically pertinent topic today.

Based on his own researches, Prof. Sharma explained, what could be the probable reasons for such collapses?. He deplored how company like Satyam, which received the prestigious “Golden Peacock Award” in 2008 collapsed in 2009?. The acceptance Rs. 7000 crore fraud by Mr. Ramalinga Raju on January 7, 2009 and subsequently takeover by Tech Mahindra in June 2009 infact Satyam now merged with Tech Mahindra. Prof. Sharma termed Satyam as a classic case of “bogus accounting”. In a similar vein, he also highlighted the failure of “Kingfisher Airlines” a classic case of mismanagement and not adhering to the tenets of Corporate Governance (CG) norms. In his view, the owner of Kingfisher -Mr. Vijay Mallya, a well educated man coming from a sound family behaved in an unethical manner. The Kingfisher Airlines was launched by Mallya in 2005, with initially 4 aircrafts, but emerged as second largest market share holder in Indian aviation by 2011, with its fleet reaching to 92. However, the company never declared profit.

Prof. Sharma elucidated several factors responsible to the downfall of “Kingfisher Airlines” including Mallya considered Kingfisher as his fiefdom; he withdrew substantial amount of money and diverted to several shell companies outside india and IPL; the CEO of the Kingfisher was paid exorbitant salary, ie second highest salary; Questionable role of Independent Directors/ Auditors/regulators/bankers; Lack of transparency prevailing at Kingfisher; Lack of professional management; ill timed merger with Air Deccan; Political funding; Lack of delegation of responsibilities; Defaulted on salary payments; pledging of shares by Vijay Mallya for getting loans from other banks. In all, based on facts and figures, the seminal lecture critically analyzed the “Rise & fall of Satyam & Kingfisher Airlines” and put forth a right perspective. Chairperson for “Special Seminar”- Dr. S. K. Dube expressed vote of thanks to the Director, Prof. J.P.Sharma for his ‘insightful lecture’ and keeping the flame of “Knowledge sharing” alive in IMS.

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