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Re-employment granted to HOD at Periyar University violating norms, allege professors
Re-employment granted to HOD at Periyar University violating norms, allege professors

New Indian Express

time2 hours ago

  • Business
  • New Indian Express

Re-employment granted to HOD at Periyar University violating norms, allege professors

COIMBATORE: Breaking away from its Act and Statutes, the academic year for 2025-26 at Periyar University starts on June 30, instead of July 1. Professors from the university have alleged that this decision favours the head of the Department of Management Studies, for illegal re-employment for 2025-26. A syndicate meeting, chaired by former Vice-Chancellor (V-C) R Jagannathan, was held on March 3, 2025. According to the syndicate minutes, accessed by TNIE, the retirement age for university teachers is 60. According to the minutes of the meeting, V R Palanivelu, head of the Department of Management Studies will turn 60 on June 14, 2025, and therefore, will superannuate on June 30, 2025. The academic year runs from June 1 to March 31. Since his retirement falls within this academic year, he is eligible for re-employment until March 31, 2026. After the syndicate meeting, the university issued a vacation declaration on April 27, from May 2 to June 30. But the university's Act and Statutes in 'Holidays and Vacations' paragraph states that full-time teachers of the university shall be entitled to a summer vacation of two months, from May 1 to June 30 (both days inclusive). Besides, it noted that the higher education department secretary, on May 22, informed registrars that the reopening date would be July 1.

GM University to conduct free crash course for PGCET
GM University to conduct free crash course for PGCET

The Hindu

time26-05-2025

  • Business
  • The Hindu

GM University to conduct free crash course for PGCET

GM University, Davangere, will conduct a free three-day crash course starting June 2 for management students appearing for the PGCET for MBA course. Addressing presspersons in Davangere on Monday, head of the Department of Management Studies Basavaraju P.S. said that the PGCET for ME and will be held on May 31 and that for MBA and MCA will be on June 22. 'So, in order to help students appearing fort the PGCET for MBA, a team of experts from Bengaluru will be called to conduct the crash course in Davangere,' he said. Prof. Basavaraju said that the crash course will include classes for Proficiency in English language, Test for Reasoning and General Intelligence, General Knowlege, Quantitative Analysis, which will be held from 9 a.m. to 5 p.m. He said that over 150 students from Chitradurga, Honnali, Shivamogga, Haveri, Ranebennur and other places have already registered for the crash course and those interested can register through the link, Students can also send their details through WhatsApp to Ph: 8553654836. Prof. Basavaraju said that in order to help students from the region, the university is also providing information on the PGCET and related issues. Dean Veeragangadhar Swamy, Shreeshail P. and others were present.

Study finds bankruptcy fears impact trade credit decisions of small businesses
Study finds bankruptcy fears impact trade credit decisions of small businesses

The Hindu

time09-05-2025

  • Business
  • The Hindu

Study finds bankruptcy fears impact trade credit decisions of small businesses

A study by researchers has found that people behave differently from established theoretical models when they are faced with bankruptcy, particularly in small business settings. The researchers studied the supply chain business and trade credit models to understand the possibility of better supplier-retailer contracts. Vipin B, assistant professor from the Department of Management Studies at Indian Institute of Technology Madras and a research scholar from IIT Kanpur conducted an experimental study to understand the behaviour of financially constrained retailers, including startups and small businesses, and their inventory decision making patterns in uncertain market demand conditions. Mr. Vipin and Mohd. Mujahid Khan, a research scholar from IIT Kanpur jointly conducted the research, and their findings were published in the Journal of Operations Management. When faced with the possibility of bankruptcy retailers consistently ordered less than predicted by theoretical models. 'We have done an experiment and compared with the theoretical prediction existing in literature. We found that actual behaviour is different from what the theory predicts,' he said. Theoretical models have failed to capture the actual behaviour of humans, he added. 'We developed a model to describe the behaviour observed in our experiment. We considered a financially constrained supplier. A retailer could get credit from the supplier, which is common across the globe. But there is a possibility that if the retailer does not get enough revenue, they cannot pay the supplier, with a possibility of bankruptcy,' he said. The researchers created two scenarios for retailers to decide on the order quantity – becoming bankrupt or surviving it. 'Our research aligns with Daniel Kahneman's Prospect Theory,' Mr. Vipin said. The experiment, a rational model, accurately captured the phenomenon, he remarked. If retailers feared a bankruptcy risk, they ordered lower, unlike what the theory predicted. The pattern depends on the profit margin of the product. Suppliers order more products with a low profit margin and less for high profit margin products. Bankruptcy risk leads to consistent underordering. Though interest rates are competitive the inclusion or exclusion of interest in trade credit does not significantly influence the retailers' ordering behaviour, their experiment found. The researchers call for identifying the gap between theoretical and actual scenarios. Behaviourally biased people who under-order consistently must be incentivised. They suggest trade credit designs to combat uncertain markets. Financial institutions and fintechs could come up with targeted interventions for micro, small and medium enterprises in developing economies where access to finance is limited. In a 2019 report, the World Trade Organisation stated that 80% of global trade finance depended on short-term trade credit or credit guarantees, highlighting the relevance of trade credit in business. Trade financing was estimated to be USD 1.5 trillion annually, with around 40% concentrated in developing Asian countries.

Concern over declining admissions in mathematics, pure sciences undergraduate courses
Concern over declining admissions in mathematics, pure sciences undergraduate courses

The Hindu

time26-04-2025

  • Science
  • The Hindu

Concern over declining admissions in mathematics, pure sciences undergraduate courses

Most higher education institutions are expecting the new academic year to reflect a decline in the number of students opting for Mathematics and Geography, and an increase in the popularity of Arts courses, educationists have said. A survey of over 700 Class XII students from public and private schools in Tiruchi district conducted by SRM Tiruchi Arts and Science College this week revealed that Commerce and Information Technology (IT) are the preferred choice with more than 60% of registrations in the most sought-after courses. 'Students appear to focus on career-oriented education, favouring courses that enhance professional opportunities and employability. Unlike in the past, today's aspiring college-goers are able to review and select courses through social media and internet. Despite this advantage, they are more liable to get distracted while studying as seen in lower placement rates in many institutions,' M. Kirubaharan, assistant professor, Department of Management Studies, SRM Tiruchi Arts and Science College, who led the survey team, told The Hindu. The survey showed that for Class XII students from a non-science background, Bachelor of Commerce (45%) is the most popular course, followed by B. Com Computer Application (24%) and Bachelor of Business Administration (18%). Computer Science-related courses (59%) are the leading choice, followed by Microbiology (10%), Mathematics (8%), and Fashion Technology (6%). Those with a science background prefer MBBS (46%) and Nursing (37%), reflecting strong aspirations in the medical field. Computer Science Engineering related streams are favoured by 60% of students with Aeronautical Engineering (14%) and Electrical and Electronics Engineering (7%) following behind, according to the survey. 'Students who are entering higher education in the post-pandemic era are less likely to take up Mathematics or Geography, because they tend to see them as difficult subjects. Even though these subjects offer good job prospects, candidates are staying away from them due to parental or peer pressure,' said K. Vasudevan, principal, Thanthai Periyar Government Arts and Science College. In many city colleges, post-pandemic first year undergraduate applications in Maths and Geography have dropped to 25-30 students from as many as 200 in earlier times, said academicians. 'Even students who score well in Mathematics in school, prefer to avoid taking it up in college because they feel daunted by the syllabus. We have modified the course by including programming languages like Python, and hands-on training to make Maths more attractive, but students are still unwilling to join,' said A. Prasanna, assistant professor, Department of Mathematics, at Jamal Mohamed College. 'A good grasp of Mathematics is essential for understanding Computer Science and related courses such as Data Science, and could lay the foundation for multi-disciplinary research in our country,' said S. Ismail Mohideen, director, Academic Development, Jamal Mohamed College.

Professor M.P. Gupta takes charge as IIM Lucknow's new director
Professor M.P. Gupta takes charge as IIM Lucknow's new director

Hindustan Times

time23-04-2025

  • Business
  • Hindustan Times

Professor M.P. Gupta takes charge as IIM Lucknow's new director

Professor M.P. Gupta officially assumed charge as the Director of the Indian Institute of Management (IIM) Lucknow on Wednesday, 23 April, succeeding Prof. Archana Shukla. A seasoned academic and administrator, Professor Gupta joins IIM Lucknow from IIT Delhi, where he held the Modi Foundation Chair Professor position in the Department of Management Studies. With a distinguished academic journey that began with a from HBTU Kanpur and an and Ph.D. from IIT Delhi, Prof. Gupta has spent decades shaping the management education landscape. After starting his teaching career at IIT Roorkee, he moved to IIT Delhi in 1997 and became a full professor in 2008. He has also served as Head of the Department of Management Studies (2016–19) and Dean (Planning). In 2020, Prof. Gupta played an important role in founding the School of Management & Entrepreneurship at IIT Jodhpur. He is widely known for his work in e-governance and digital transformation, with over 260 research publications, 38 doctoral students guided, and several books and volumes. His research works have directly contributed to national initiatives such as the Digital India and Smart City programs, as per a press statement issued by IIM Lucknow. Prof. Gupta has also contributed to government policy through numerous committees and has served on the jury panels of several national-level ICT awards. His international collaborations include leading an EU-funded project that introduced the FIWARE platform in India, now being used in World Bank–supported smart city pilots. A recipient of the Shastri Indo-Canadian Fellowship and the Best Professor Award at World Education Congress, Prof. Gupta brings a future-focused vision for IIM Lucknow. Under his leadership, the institute anticipates a new era of innovation and academic excellence.

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