GOGREEN

In this issue: MOU Macquarie MOU SICCI SIP experience Zeal Yes Finance Minister Smarter Wealth Creation NSMQ(AIMA) IBS Placements Rotaract Events LG Award Dewang Mehta 2 Awards Best Faculty Award U.K Scholarship S.A.P Students Insight

Prerana

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Volume -1 April-June 2011

www.ibsindia.org

When the mirror of life gets dirty with the fog of reality, Just try wiping it with your faith, You will see clear reflection of your dreams once again

From Directors Desk

I am happy to know that the first issue of e-newsletter Prerana will be released on 8th July 2011 when a special inaugural address is arranged for the batch of 2013. An expert in the field of management Mr. Aalok Pandit will deliver the inaugural address. I am happy to formally welcome the batch of 2013.
Let me also take this opportunity to welcome the students of the batch of 2012 who have commenced their second year of the two years management program. I wish the students of batch of 2012 and 2013 all the best in their studies. Particularly let me extend the best wishes for batch of 2012 for excellent placements. I would also like to wish all the faculty and staff a very happy new year, i.e, academic year. We are beginning the new year on a buoyant mood on account of the following developments which have taken place in the recent past : Acquisition of land near Wakad for campus of IBS Pune Placements of the batch of 2011 have been very good. IBS Pune continues to register international placements for the fourth year in a row. MoU signed with Macquarie University, Sydney, Australia by IBS Pune MoU signed with SICCI (Singapore Indian Chamber of Commerce and Industry) by IBS Pune MoU signed with FIU (Florida International University) . LG has offered a scholarship of Rs. 36,000/- and a gold medal to Omkar Avhad, a student of class of 2011. For the past three years in a row, LG has offered such a scholarship to our students. Three of our faculty members namely, Prof. Pravin Patil, Prof. Abhilas Pradhan and Prof. Ashwini Sovani have completed their Ph.D research work. Please join me in congratulating them.

Information Technology Experts View

Every coin has two sides. Similarly information technology has its own advantage as well as disadvantages. One has to decide how to make use of it for their personal or professional purpose so that they would get benefit and make their life easy.

In todays businessworld, information technology is playing a significant role in managing the business. It looks like the technology is a heart of any business such as retail business, banking sector, courier industry etc. It not only saves time but allows implementing innovative ideas to improve the business productivity. The ideas like cloud computing, pervasive computing is being implemented and business are reaping the benefit of it. Today business is ready to offer services to their customer at the tip of the finger. Its a win-win situation for customer and business both. You look at the financial institution who is offering services through internet. It is very much convenient for the customer to perform the financial transaction irrespective of the location. Railway reservation system is another example where earlier people were spending lot of time to book the tickets. Now it is very much easy to book the tickets. There are so many examples which show how information technology simplifies our life. Technology also has an impact on the social life. Interaction and meeting people virtually is a common thing in todays life. You can share your idea/views with the masses and can be reached easily. Facebook, orkut linkedin and twitter are some of the social meeting point over the internet. Chandrashekhar Ingle

The academic year 2011-12 will have regular academic sessions, extra curricular activities, events and seminars. In all these activities, whole-hearted participation of students is absolutely essential. Once again, all the best wishes for an exciting academic year and a bright career and future. ------------------

MoU with Macquarie University

s Faculty of Business & Economics of Macquarie University, Sydney, Australia and IBS Pune has signed an MoU (Memorandum of Understanding) for the following purpose : Exchange of staff, academic materials and information Joint research activities Joint conference and other academic meetings PhD Co-supervision

MoU with SICCI (Singapore Indian Chamber of Commerce and Industry)

SICCI and IBS Pune, India have decided to enter into a co-operative relationship for the general purpose of promoting opportunities to carry out activities that are mutually beneficial to SICCI and IBS Pune, India. The parties hereby agree that: The SICCI will assist IBS Pune, India, in the areas of: Organizing visits for: - Business & Trade Delegation, Management executives & Students as well as faculty.

Invite experts from IBS, where appropriate, to participate as speakers, panel members and/or chair, delegates, participants in seminars and events at SICCI. The IBS Pune, India will assist SICCI in the areas of: Organizing visits for : - Business and trade delegations Organizing attachment / internship programme for Singaporean students. Offering consultancy to the members of SICCI in the areas of : - Strategic management, business & management audit - Growth, revival and diversification - Mergers & acquisitions - Identify opportunities to promote trade between Singapore and India. - Undertake feasibility studies, market research in India - Innovation management - Supply Chain Management Inviting experts from SICCI, where appropriate, to participate as speakers, panel members and/or chairpersons at seminars and events at IBS Pune, India. Inviting members of SICCI for national and international events and seminars in India.

The MoU has been signed by the Vice Chancellor Professor Steven Schwartz on behalf of Macquarie University and I have signed on behalf of IBS Pune.

SIP-Exposure to the Real World

OBJECTIVES OF SIP INCLUDE:
1. To provide students with opportunities to apply the concepts learnt in the classroom to real life situations. 2. To sensitize students to the nuances of a work place by assigning time bound projects in a company. 3. To provide students a platform to net work which will be useful to improve their career prospects

The Summer Internship Program (SIP) is meant to bridge the gap between real-life business and academic institutions. It is a simulation of the business environment and enables students to experience the rigors of a business organization. The SIP emphasizes faculty supervision during the project and the evaluation of the students at the work center with the active involvement of the senior management. These efforts have strengthened the close industry relationship at academic center and have also paved the way for preplacement offers to the students.

STUDENTS EXPERIENCE
SIP was a great experience and an opportunity which gave me exposure to the practical side of corporate world. Learning the theoretical concepts and applying it to real life situation is what I got to learn during my SIP at PUNE STOCK EXCHANGE. -- Harshad Kulkarni (Batch 2010-12) SIP was an experience full of challenges and obstacles which introduced me to the corporate life as an intern of ONGC. But at the same time it also taught me to overcome all the hurdles, prepared me to face the challenges and achieve the desired goal. I am really thankful to IBS Pune for giving me this opportunity. --Piyush Saini (Batch 2010-12)

I got to work on a more diverse range of work than what I expected before joining the Summer Internship Program. My SIP with Somharsh Enterprise was fun and learn experience for me which also gave me a fair idea about how to prepare myself for the future. --Dhananjay Singh (Batch 2010-12) MCL is indeed one the best organizations to work for. My project brought me in touch with people from many departments which gave me an opportunity to interact with people of incredible talent and enthusiasm.

--Arjun Dange
(Batch 2010-12)

The Internship with IDBI CAPITAL, in its Commercial Relationship Banking division, was a wonderful experience. Every day came with new challenges as well as opportunities to outperform myself --Arpit Agarwal

(Batch 2010-12)

ZEAL 2011
To secure our present & our Future we need to visit the past; Contemplating on this idea, the theme for Zeal 2011 was PRADAKSHINABack to the FUTURE Climate Change is one of the biggest concerns for mankind, ZEAL 2011 intends to spread awareness with its Go Green concept!

ZEAL is a signature event of IBS Pune which is a management fest entirely organized by the students of IBS Pune. It gives an opportunity to all the students of B-Schools in India to showcase their talents in the areas such as:
To dance is to be out of you.This is power, it is glory on earth and it is yours for the taking. So come shake a leg and let the wobrld know what you are capable of. TLAN Gaming--Help bring in the essence of the online gaming that takes you on a ride to an exhilarating world to win over your virtual foes. Management Quiz--Checks your General Knowledge and nurtures your ideas about the corporate world. Fashion Show--For all the girls and boys, here is a chance to showcase your personality and confidence on the ramp.

NRITYA SPARDHA

SADYASKA KRIDA

PARIPRACHHITA

KALPANA

ZEAL
Tests an indiviual's behaviour in Conflict Management,Crisis Management,Inquizitive,Stress Interview etc. Focuses on real time selling of products in market ,Your Babyan environmental friendly product creation task etc Gives a platform to the young talented people to showcase their abilities to perform, yet being creative in the field of Advertising, Marketing and Design. Gives an opportunity to the Youngsters to let their minds open and create the most ecofriendly business idea of their lifetime.

2011

CHANAKAYA NEETI

VITTA UPAARJAK

PRAROCHANAH

KARYA VINYAAS

YES FINANCE MINISTER ( An Incisive Analysis Of Union Budget 2011)

In Comparison with the economic

achievements of developing countries, India has progressed satisfactorily. Along with rising inflation, rising oil prices, as well as falling agricultural productivity, could change the canvas of the budget. ----Chandrashekhar Chitale. Focusing on the monetary measures that have been adopted; as they have been commensurate with an active fiscal policy. She said that the provisions that have been made towards improving agricultural productivity are quite paltry. ---Dr. Shubhada Rao

Yes Finance Minister is an annual program held by IBS Pune which aims towards providing an insightful analysis on Union Budget. This year in 2011 the 10th annual edition of Yes Finance Minister felt the presence of the chief economist and president of Yes Bank, Dr. Shubhada Rao and the chairman of direct taxation committee of MCCIA, Chandrashekhar Chitale, as speakers. .

SMARTER WEALTH CREATION

When we are talking about investment into capital market everyone must know that capital market is highly volatile i.e. it involves risk which results due to fluctuations in the capital market due to various reasons. Your success as an investor depends upon your ability to choose the right investment options. The right investment is a balance of three things Liquidity, Safety and return. So to insure returns on your money you just being smart is not enough you need to be smarter.

Smarter Wealth creation was an event intended to create awareness about Investment. By investment we mean the commitment of money or capital to the purchase of financial instruments or other assets so as to gain profitable returns in the form of interest, dividends, or appreciation of the value of the instrument (capital gains).

Mr. Nilkanth Pandya (AGM, Dept. of Investor Services, BSE) and Prof. Shashank Divekar(Investments & Portfolio Advisor) will share with us various smarter ways to to invest and get the desired returns.

NSMQ (NATIONAL STUDENT MANAGEMENT QUIZ)

IBS Pune in association All India Management Association (AIMA) has organized 7th National Student Management Quiz regional round on Friday 11th March 2011 at QMTI Hall, Pune. Mr.Sharad Gangal- Executive Vice President- HR (Thermax Limited) was the Chief Guest for this event. Team from Symbiosis Law College has emerged as the WINNER and Team from Marathwada College was the runner up team. The event also experienced the presence of Mr.Prassan Yadav (Sr.Manager-Thermax), Mr.Kamal Singh (Director AIMA) and Prof.Dhananjay Keskar (Director IBS Pune), and IBS faculties. The position of Quiz Master was successfully handled by Mr.Kunal Savarkar.

NSMQ is a Management Quiz held by AIMA (All India Management Association) and Organized by IBS Pune. This quiz is a General Knowledge delight
This event intends to enrich the knowledge of students and accelerate learning curve in a stimulating and thrilling environment of the quiz. Through the event B-School students get an exposure to showcase their knowledge, talent & Professional skills which helps them to specialize in handling such a prestigious management event. --Dr. Pravin Patil (Event coordinator and IBS Pune Faculty)

with the flavors of Business Knowledge, Awareness about competent business personalities, Brand Endorsements etc which enlightened the qualities of management students. The Partnership of IBS Pune AIMA is in existence from more than 5 years for this prestigious B-School student much awaited management event.

It is said that for every good career one needs a good start.and for every good start you need a good institution to provide a robust platform. In todays world of tremendous competition it is not enough to just acquire good knowledge but is equally important to showcase the talent at the right place at the right time. And that is where an institution can make a stark difference to young career aspirants. And this is where the institutions like IBS-Pune can bring about remarkable metamorphosis in its students. IBS-Pune has been a front runner in shaping careers of the young aspiring management graduates. Hundreds of careers are shaped every year at the Career Management Center. Career Management Team has an impeccable track record of achieving good placements year after year, with the reputed companies, both in India and abroad visiting the campus to recruit students.
Ankit (2011 batch) narrates how he feels after securing one of the prestigious international placements. He says My Placement has given me a greater confidence about working abroad and using the knowledge I gained through MBA from IBS. I am gaining experience working as financial officer at MRS Dubai. I have acquired a good understanding of whats required to sell and export products globally. Overall I feel I am gaining valuable work experience that I hope will aid me in future.

Amber Singh placed in P&G Oman says "One of the best companies to work for in Oman will be Khimji Ramdas (P&G Division). The company is having a very good reputation in all parts of Oman. You can find one of the best working and cultural environment in the company. They have great respect for their employees and the work. IBS Pune has provided me the best opportunity of my life.

International Placements:

International Placements

IBS Pune has stepped into global markets by recording a significant increase in its students securing International Placements. On an average, 10 % of the students have been placed internationally for the last 3 years. Leading companies from Middle East Asia, Africa and some part of Europe were on the campus in the last three years to provide scintillating opportunities to the budding executives. More than 85 IBS students have made inroads into international markets over the years and have brought glory to their organizations. One of our esteemed international recruiters Mr. S. Sivam of P&G Oman says, Profile of students have shown marked improvement which is an indication of dedicated efforts to sharpen the skillsets.

International Placements-Batch2011:

IBS-Pune has been able to explore the international markets due to the consistent rapport with the industry in India and abroad. The exposure that students get in the

beginning of their career in a global market, transforms them to become complete global citizens.

 Blood Donation Camp is held twice a year with the help of Jahangir Hospital; Pune, which experiences Blood Donation the contribution of on an average 300 volunteers including IBS Pune students, IBS Faculties and staff.

Camp

A Trekking Camp

A trekking camp of 2 days was organized in which the students visited Rajmachi Fort 15 kms away from Lonavla. The camp gave a golden chance to experience the rural life and the village environment where life exists without the resources such as electricity etc of which the people in city cant leave without.

Prayas

This was an initiative towards social responsibility. The students of IBS Pune visited two orphanages and also invited them to the college campus. Various competitions such as Dancing, Singing, Acting and Drawing were held and their performances were awarded. Funds were also collected which were utilized as an contribution towards providing them with basic necessities.

Navshitij

Navshitij is an NGO working for mentally challenged people who are trained to work and become independent. They are trained to manufacture as well as sell products such as Chocolates; Candles; Dolls and handmade Paper Bags. This visit was organized with an objective to motivate students towards their social responsibility.

LG SCHOLARSHIP
LG Electronics Limited is an illustrious recruiter at IBS-Pune for the past four years. For the past three years LG has been providing LG POTENTIAL MANAGER AWARD in the form of Scholarship of Rs 36000/- in cash and Gold Medal to one all-rounder student of IBS Pune. The nominations are invited from reputed business schools and a student is selected by the top management on the basis of academics and extra curricular activities during the MBA Programme. This year the scholarship is being awarded to the Mr. Omkar Avhad of the batch of 2011. He is presently working with Deloitte Consulting.

DEWANG MEHTA AWARD

The 18th Dewang Mehta Business SchoolAward held at Taj Lands End, Mumbai on 24th November, 2010. The Dewang Mehta Business Award recognizes talent and leadership amongst the Business School across India. The Awards are supported by Ms. Shaila Mehta-Director, Onward Foundation for Dewang Mehta awards. The Chairman of the Jury is Dr. Prasad Medury, Partner, Amrop International honored IBS, Pune

IBS PUNE CONGRATULATES ITS FACULTIES FOR COMPLETING THEIR PhD

In this era of Globalization, corporate responsibility is no longer merely about local labour issue, pollution control, or energy efficiency. Sustainable business is those that are helping find global solutions to our most pressing environment and social issues.

- Ed Barker Director of Corporate Partnership at Earth watch

Green Code Green Quotient Green Marketing has emerged as driving force behind conceptualization to implementation of innovation ideas worldwide, especially in developed countries. The latest FORTUNE magazine issue has estimated that Rs. 12,63,800 crore could be lost over the next two decades if India Inc. does not implement GREEN strategies Now. Without an aggressive green agenda, analysts say, India cannot develop. Investors are evaluating cities on their green quotient. Green Strategies are mammoth task for government and industry. Green strategies broadly cover greening the supply chain, development and certified energy saver products & services, eco friendly packaging, green transport till green community work. Active participation of employees, customers and community on environment platform would build image and reputation of organization. Involving local government agencies and media on environment issues, creates favorable publicity. Thus, effective implementation of green strategies would provide the much needed profitability and sustainability to corporate industry. I heartily congratulate IBS student for taking GO GREEN as a theme for Prerana magazine.
--Dr. Pravin Patil Faculty, IBS Pune

IBS Punes Golden Opportunity- International Study Scholarship

The Deserving Six

The most memorable part of my life was those three months that i spent in UK with everyone.Experience of modular format was interesting and it helped to focus on each subject at one time. Even the faculty members at Birmingham Collage were very cooperative and friendly.

Prashant Jha
(Batch 2010-12)

I am truly thankful to Mr Dhanajay Keskar sir, for giving me an opportunity to study one semester on scholarship basis in UK. UK is highly acclaimed as the best place in the world where leaders are born and it proved me as well. The level of education fabricated by the expierence of Icfai education has let me improve many area of my life. Piyush Saini (Batch 2010-12)

The study abroad program offered by IBS has been a great one for me. It has made me learn how to handle pressure and also how to manage time to meet the deadlines. In addition to this it was also a new experience to be able to explore a new culture and look into new way of life.

P. Krishna Reddy
(Batch 2010-12)

First of all I would like to thank IBS to give me this wonderful opportunity. It was a great pleasure to interact and gel with students from different campuses. UK, altogether a new country made us feel really good by their warm welcome be it in field of education or culture. Umangi Shah (Batch 2010-12)

It was great opportunity given by IBS to have a global exposure to British culture. The modular format was quite interesting to study. Industry visits were exciting. Teaching methods of Indian and British professors were different which made our learning experience joyful. Tejaswini Potnis (Batch 2010-12)

The course exposed me to international way of learning and to understand industry requirement/ expectation from a budding candidate. The stay exposed me to hard realities of life.My way of looking at real world was broadened dramatically, be that at academics or otherwise. Sujal M Raul (Batch 2010-12)

Stipendiary Assignment Program Earn While You Learn

"I am from an engineering background and want to specialize in finance, However when I heard about SAP and its benefits I couldn't stop myself to work in SAP I am so lucky to be part of this wonderful program that inspires leadership in young people. It provided me with a new found motivation to succeed. Awards and accolades in SAP Achievers conference is one most sought after experience in SAP career which I will always remember and cherish. It makes me feel proud to be recognized for being a good and able manager. Being acknowledged in such a way made me proud and even more determined to do things the right way every day and to be involved in what I enjoy and what I am good at. Receiving such an honor carries a responsibility to use one's talents to one's fullest potential. SAP has helped me get exposure to newer avenues for working in a team and gaining insights into the functioning of corporate entities and consumer behavior. SAP is a validation that I am living my life the right way. "

STUDENTSS INSIGHT
Business Ethics
It is all about making money, To make none of differences, Between humanity, money and time. It is all about changing situations, In an area of huge gathering of work, It is to concentrate on work that makes serious, But not to make serious things that disturbs us. It always emphasizes on two important things, When there is an importance of money, Humanity doesnt values, But when there is an importance of humanity, Money doesnt values. Time matters a lot in business, To update decisions on changing events, It enlightens and brightens when it favors, Or it collapses or vanished when it wont. By keeping in mind the special value, As business should regulate, An intension with achieving with higher profits, Rather to run with a sight of having loss.

Should India import Technology?

When we hear word Technology, we draw picture of giant machines and tools in our mind. Well, Technology is not only about giant machines or tools. Its all about techniques that reduce human efforts. After all, Human has invented technology for his ease of work. The world is changing rapidly in 21 st century. After 63 years of independence, the question arises that, are we really independent in terms of Technology? Well, its a point of debate. Some will say yes, we are independent enough to have our own technology, while others say we are using technology which we had not invented. India is one of the fastest developing countries in the world along with its neighbor China. So Technology plays important role in development aspect of such countries. The optimists would say, India have its own technology in fields of Army, Agriculture, Production, Infrastructure. India has its own nuclear weapons and missiles which shows essence of Technology in India. India has achieved tremendous success in Information Technology Sector. So many patents and copyrights are registered under name of Indians. Though, we have good technology in above fields but still we are very much behind to implement & use technology. When we compare technologies of India and developed countries i.e. USA and Japan, we are more than three years behind. The perfect example of it is, when we launched 3G Technology, Japan was going to implement 4G Technology. We import technology from other countries and at the same time they adopt Advanced Technology! At the end, I would say, we should not worry about technology should be imported or invented, as long as technology is helpful to us in developing ourselves and India. Mobile was not invented in India, but India is one of the biggest consumers of Mobiles in the World. Invention of technology is also vital as it gives you an extra edge in this competitive world. Maybe we are not the best inventors of technology, but we are the best users of technology forsure.

Ankur G. Patel Batch 2013

Android
Android is a software stack for mobile devices that includes an operating system, middleware and key applications. It is an operating system for mobile devices such as mobile phones, tablet computers and net books. Android is developed by Google and is based upon the Linux kernel and GNU software. It was initially developed by Android Inc. (a firm purchased by Google) and later positioned in the Open Handset Alliance. It allows developers to write managed code in a Java-like language that utilizes Google-developed Java libraries. The Android operating system software stack consists of Java applications running on a Java based object oriented application framework on top of Java core libraries running on a Dalvik virtual machine featuring JIT compilation. Libraries written in C include the surface manager, Open Core media framework, SQLite relational database management system, OpenGL/ES 2.0 3D graphics API, WebKit layout engine, SGL graphics engine, SSL, and Bionic lib. The Android operating system consists of 12 million lines of code including 3 million lines of XML, 2.8 million lines of C, 2.1 million lines of Java, and 1.75 million lines of C++.

Siddharth Sheth Batch 2013

Teenage
Oh! The sparkle of teenage years makes me feel nostalgic. This is very critical phase when the blood is pumping fast in our body. The sudden urge to be rebellious the crushes, the inexplicable dislike, the brooding, are all symptoms of this teenager phase. The need to look cool by loosening the tie and keeping shirts unbuttoned reflect this confused stage. This is very common among the teenager stage. Now do you understand why you behave in this peculiar attention grabbing behavior? Parents please be careful, its a turbulent stage since children spend their maximum time at home, and its your duty to help your kids in understanding the upheavals inside them. You have to become a best friend, philosopher and guide to your child. Your child should freely share with you, all hopes, aspirations, phobias, peer-group pressures. Dont worry. As its only a transient stage, so gently steer emotional confusion. Dont be angry on them ever whether they are wrong or not. Try to solve the situation as gently as possible. Make them understand what is right and what is wrong. A lot of responsibility has been thrust on teachers regarding behavioral management. One Aspect which should be tackled is discipline. Teachers should be such that they became role model for their students. Pupils should be made aware that after a certain limit, outrageous behavior will not be tolerated. They should become mature enough that they should not be informed every now and then how to behave. This exercise overflow of energy and emotional should be challenged into demanding sports like athletics, march past and drill which not only instill discipline but also maintain mental equilibrium. So, start transforming your behavior. Once you do that, enjoy this period but do not forget your limits. What is revered and what is sacrilege should be absolutely crystal clear in your mind. Dont go overboard and dont be side tracked. You are the fountain of untapped potential, the perpetuator of great Indian power in the era of globalization. Dont be misleading by fake modernism. Stick to your basic values, though you might change superficially, the innateness of being Indian in mind body and spirit should be adhered to.

Francis U. Christian Batch 2013

Brijesh R. Patel Batch 2013

Child Labour
Can we eliminate child labour? Though it is a desirable goal the fact remains that in the given socio-economic scenario that is prevalent in our country, it is virtually impossible to do away with child labour. One cannot dispute the fact that employers exploit children by paying them much less than what they would pay in adult and the future of the working children is ruined as they will not be able to attend schools and get educated for a better future. But when one considers the economic compulsions of the families which force the children to work, one will be compelled to admit that elimination of child labour will be a distant dream as long as the socio-economic status of these families is not improved. Realizing the harm caused by child labour, the Indian Government made laws to protect children from exploitation at work and to improve their working condition. Besides, a comprehensive law called Child Labour (Prohibition and Regulation) Act. 1986, was promulgated to prohibit employment of children in certain occupations and processes. In 1987, the Indian government formulated National Police on Child Labour to protect the interests of children and focus on general development programmes for the benefit of children. As a part of this policy National Child Labour Projects have been set up in different parts of the country to rehabilitate child labour. Under these projects, special schools are established to prove non-formal education, vocational training, supplementary nutrition etc. to children who are withdrawn from employment. Though elimination of child labour is an impossible task in the current socio-economic scenario, the Indian government is committed to the task of ensuring that no child remains illiterate, hungry and without medical care. When this ideal will be achieved is a million dollar question. The developed countries are exerting pressure on developing countries like India to eliminate child labour. According to the current thinking the developed countries may stop imports of those goods that involve child labour in their production. In some of our cottage industries like making of carpets, children are employed in larger numbers. These carpets, which are being exported, may soon lose their market abroad if the producers of these carpets persist with child labour. Child labour is, no doubt, an evil that should be done away with at the earliest. The prevalence of child labour reflects very badly on society that is not able to stop this evil. But in a society where many households may have to suffer the pangs of hunger if the children are withdrawn from work, beggars cant be choosers. These families have to send their children to work, even if the future of these innocents is ruined, as that is the only choice open for them to survive in this world. Therefore, unless the socio-economic status of the poor families is improved, India has to live with child labour.

Tarunjeet singh Barkey Batch 2013

Editorial Team

Piyush Saini

Brijesh Patel

Prof. Arun Prasad

Siddharth Sheth

Harshad Kulkarni

This edition is just an expression of the life at IBS-Pune, which we are PROUD TO BE A PART OF!!