EDUCATION NEWS

Hindu ND 03/03/2014 p-12

Two IIM Calcutta students to intern with Trinamool
Two candidates have been picked from the 31 students from the Indian Institute of
Management Calcutta who had applied for internships with the Trinamool Congress last
month, party spokesperson and MP Derek O' Brien posted on his Twitter handle on
Sunday.

He interviewed five students through video conference from New Delhi.

The main task of those selected will be to frame and execute an efficient communication
strategy for the party in the Lok Sabha elections.

The internship that will begin on March 15 will last two months.

Mr. O' Brien earlier said the internship will take place at the Trinamool headquarters in
the city. The students will work alongside the party's communication team.

The selection process included group discussion and personal interviews.

http://www.thehindu.com/news/national/other-states/two-iim-calcutta-students-to-intern-
with-trinamool/article5744166.ece

Financial Express ND 03/03/2014 p-12

XLRI hosts XLerate 2014-a sports fest for MBAs
XLRI-Xavier School of Management hosted XLerate 2014 sports festival for one-year
MBA 'students from premier B-schools across India on March 1-2 at its campus In
Jamshedpur.

The two-;day meet, organised by the PGDM(GM) students of XLRI, included events
such as cricket, football, 'basketball, volleyball, tennis, badminton, table tennis, chess,
carrom, tug of war and athletics.

Financial Express ND 03/03/2014 p-12

IIM Calcutta wins KPMG Competition finals 2014
The Indian Institute of Management Calcutta (IIM Calcutta) was announced the winner
of KPMG international Case Competition (KICC) national finals, which is the world's
largest business case study competition. KICC witnessed 10 prominent B-school teams
battle it out for the coveted trophy. There was a price money of Rs20,000 for each
member of the 'winning and they also stand a chance to 'compete for the global finale in
Sao Paufo, Brazil. According to Utkarsh Palnitkar, head of advisory and of life sciences
practice, KPMG in India, "KICC Is a platform for participating students to 'gain insights
about our services, clients, people, work culture and exciting career opportunities. It Is
one of the many ways in which we engage with the country's top quality student
communities."

http://www.financialexpress.com/news/campus-roundup-iim-calcutta-wins-kpmg-
competition-finals-2014/1230597

ECONOMY NEWS
Sectors showing negative growth on the rise in Q3, says CII-ASCON survey
 
There has been a significant rise in sectors displaying negative growth for the October-December
quarter of the current financial year, says a CII-ASCON survey, highlighting the ongoing
slowdown in industrial performance,.

According to the survey, 31 out of a total 110 sectors (28.18 per cent) were negative compared to
21 sectors out of a total 101 sectors (20.8 per cent) in 2012. The survey also shows a contraction
in the number of sectors recording low growth at 52.72 per cent (58 sectors out of 110 sectors) as
compared to 56.4 per cent (57 sectors out of 101 sectors) in the same quarter the previous year.

The percentage of sectors reporting excellent and high growth in the current quarter is at 19 per
cent, as compared to 16.8 per cent in the same quarter the previous year.

But at the same time, high growth sectors have shrunk to 10.90 per cent in Oct-Dec 2013 from
18.8 per cent during the same time last year.

http://www.business-standard.com/article/companies/sectors-showing-negative-growth-on-
the-rise-in-q3-says-cii-ascon-survey-114030300038_1.html

Economic Times ND 03/03/2014 P-6

India Ranked Fifth in Global Rich List
Mukesh Ambani is the richest Indian who ranks 41st followed by LN Mittal at 49
and Azim Premji at 77

India is home to the fifth largest group of billionaires in the world and Mukesh Ambani,
chairman of Reliance Industries, is the country's richest man with a personal fortune of
$18 billion, says a report.
According to China-based research firm Huron's 2014 global rich list, Mukesh Ambani
was ranked 4ist in the list that was topped by Bill Gates, whose personal networth stood
at a whopping $68 billion.

Other noted Indians in the list include Lakshmi N Mittal ranked 49th with a personal net
worth of $17 billion.

Dilip Sanghvi of Sun Pharmaceutical Industries and Wipro's Azim Premji both ranked
77th with a personal wealth of $13.5 billion each. Tata Sons' Pallonji Mis-try ranked 93rd
with a personal wealth of $12 billion. SP Hinduja & family was ranked 93rd on the list,
with a net worth of $12 billion.

In the global rich list, Gates was followed by Berkshire Hathaway's Warren Buffett 2nd)
with a personal wealth of $64 billion and Amancio Ortega of Inditex was ranked 3rd with
$62 billion fortune. The fourth position was claimed by Carlos Slim Helu &family ($ 60
billion) while Oracle's Larry Ellison with $60 billion was ranked fifth.

http://economictimes.indiatimes.com/news/news-by-industry/et-cetera/india-ranked-fifth-
in-global-rich-list-mukesh-ambani-richest-indian-with-fortune-of-18-
billion/articleshow/31265967.cms