IIMK donates 17,500 books worth ₹1 crore to 35 Kerala colleges
The Indian Institute of Management-Kozhikode (IIMK) on Thursday (May 15) hosted the sixth edition of its book donation programme, donating over 17,500 books valued at ₹1.05 crore to 35 colleges spread across 11 districts in the State.
The initiative, part of the institute's ongoing Corporate Social Responsibility (CSR) efforts, witnessed the enthusiastic participation of over 200 students and faculty members from the beneficiary institutions, a press release said.
Each participating college received nearly 500 books worth approximately ₹3 lakh, covering a wide spectrum of academic subjects, including economics, management, accounting, commerce, marketing, operations research, quantitative methods, organisational behaviour, human resource management, business ethics, information technology, and literature. These books were handpicked by IIMK's distinguished faculty and contributed by students as part of the donation drive led by Nalanda – The Library and Information Centre (LIC) at IIMK.
The event was presided over by Professor Debashis Chatterjee, Director of IIMK and the visionary behind this CSR outreach, which began in 2011.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
7 hours ago
- Mint
Mint Explainer: Will Karnataka's new ‘welfare' mandate mess up the gig economy?
The Karnataka Platform-Based Gig Workers (Social Security and Welfare) Ordinance, 2025, which Governor Thawarchand Gehlot approved on 27 May, marks a major regulatory shift. It mandates that digital platforms—from food-delivery apps to ride-hailing platforms—contribute between 1% and 5% of each transaction to a state-run welfare fund. This is aimed at improving protections for gig workers across the board. But what will this additional cost mean for platforms, gig workers, and consumers, and will it hamper the state's gig economy? Mint explains. Will platforms pass on the cost to consumers? Legal and policy experts said the cost was likely to be passed on to consumers. Platforms already charge users various fees over and above the cost of the service, including service fees, platform fees and delivery charges. This welfare fee could be included as a separate line item or as a general price hike, depending on what's more palatable to customers. 'In India, the burden of regulatory costs is almost always passed on to consumers, even when the intended impact is minimal. Unfortunately, the state has not taken any responsibility on its own shoulders, unlike the EU," said Ajai Garg, head of digital tech & law, Anand & Anand, and senior advisor at Koan Advisory. Also read: Indian gig workers who offer mobility services deserve GST relief However, platforms also need to remain competitive. Significant price hikes may provoke a consumer backlash, especially given the myriad fees already layered in to the final price. 'If the entire welfare cost is passed on to the end consumer through significant price hikes, it could trigger adverse reactions. Ultimately, consumers will likely feel the pinch immediately, which may impact their willingness to continue using the service, resulting in disruptions to the overall customer base and market sentiment," said Anshul Prakash, partner, Khaitan and Co. None of the major gig platforms—Uber, Ola, Rapido, Swiggy, Zomato and Zepto—responded to Mint's queries. What happens to platforms that use a software-as-a-service (SaaS) or zero-commission model? Not all platforms have the same revenue structure. Those that don't charge commissions, and instead use SaaS models in which gig workers pay a subscription fee, may look to raise those fees instead. Platforms that do collect commissions on every transaction could increase those slightly. 'Platforms will likely adjust their commission or subscription models, depending on their operating structure," said Garg. Could platforms absorb the cost themselves? In theory, platforms could absorb the additional cost, but experts said that was unlikely. 'Aggregator platforms need to focus on margin retention. That means any cost tied to each transaction is likely to be passed on through small price increases," Prakash said. This puts platforms in a tough spot. Many have already seen growth slowing in mature sectors such as food delivery, and now rely on high-growth verticals such as quick commerce to offset losses. Any dip in margins may affect their long-term viability. Also read: Is quick commerce eating into the food delivery market? 'This is going to be a tough balancing act, especially given that most of the growth in recent times has been limited to one or two kinds of platform work (quick commerce, for instance), while the older ones (such as food delivery) have not seen exponential growth," said Sowmya Kumar, partner, Cyril Amarchand Mangaldas. What about worker contributions and compliance? The ordinance says gig workers must also contribute to the welfare fund, but offers no clarity on how or how much. This ambiguity makes implementation harder and opens the door to disputes. 'The ordinance specifies a 1-5% of welfare fee but doesn't explain how the actual percentage of contribution by aggregators will be determined. The structure of worker contributions remains unclear," said Prakash Gupta, lead, Centre for Inclusive Mobility at OMI Foundation, a policy research think tank in Delhi. Also read | Tip us first: Why new Uber push faces government ire Platforms will also have to invest in registration systems, fee payment tracking, and potentially algorithmic transparency mechanisms, especially if the rules mandate disclosure of how gig workers are assigned jobs or rated. With draft rules expected in the next two weeks, Karnataka, which has more than 800,000 gig workers, could soon set a precedent for other Indian states, provided it doesn't disrupt its own gig economy in the process.
The Hindu
2 days ago
- The Hindu
IIMK makes global debut at 87th spot in FT Executive Education Custom Ranking 2025
The Indian Institute of Management Kozhikode (IIMK) has made a remarkable global debut in the Financial Times (FT) Executive Education Custom Ranking 2025, securing the 87th position worldwide. The milestone underscores the institute's rapid ascent as a trusted global partner for customised executive learning solutions, a press release said. In the Custom Programme category, IIMK performed strongly across several parameters, including Programme Design, New Skills and Learning, Faculty, Aims Achieved, and Value for Money—reflecting the institute's ability to align academic expertise with client-specific objectives and co-create executive programmes that are contextually relevant, research-informed, and impact-driven. The global debut comes following IIM Kozhikode's sustained presence in the FT Executive Education Open Enrolment Rankings, where the Institute has been featured for the third consecutive year since 2023. In the 2025 edition, IIMK is ranked 76th globally, reflecting its consistent excellence in delivering world-class open programmes for senior professionals across industries.
India Gazette
2 days ago
- India Gazette
NSE subsidiary launches ESG rating services for listed companies
Mumbai (Maharashtra) [India], June 6 (ANI): NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies. It marks a significant milestone in advancing sustainable business practices in India. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. The company NSE Sustainability said in a statement Friday it received its certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Category I ESG Rating Provider (ERP). As a wholly owned subsidiary of NSE Indices Limited, which is, in turn, a wholly owned subsidiary of the National Stock Exchange of India Limited (NSE), NSE Sustainability embodies the principles of transparency and actionable insights. Ashishkumar Chauhan, MD and CEO, NSE, said, 'NSE Sustainability's mission is to provide stakeholders, including investors, businesses, regulators and the public, with accurate, comprehensive and unbiased evaluations of corporate sustainability practices.' The ESG ratings are derived from thoroughly evaluating company practices, policies, and disclosures across relevant sectors and industries. NSE Sustainability said in the statement it employs a transparent, data-driven, and materiality-based ESG ratings methodology aligned with both national and international standards and best practices. By integrating a wide array of parameters, NSE Sustainability ensures its ESG ratings reflect a balanced and objective perspective, free from biases related to size, scale, or industry. Aniruddha Chatterjee, CEO, NSE Indices, said 'The launch of ESG ratings by NSE Sustainability Ratings and Analytics Ltd underscores our commitment to innovation in sustainable finance and we believe that our ESG ratings, data and analytics will set a benchmark in advancing ESG practices across industries.' In addition to ESG ratings services, NSE Sustainability will be actively involved in a range of associated ESG-related activities including but not limited to scoring products, and research activities incidental to ESG ratings, for domestic and international dissemination. (ANI)
