CAF to author book on Indian Capital Markets

The Centre for Analytical Finance (CAF) at the ISB and Nomura Institute for Capital Markets Research (NICMR), a think-tank established by Nomura Securities, Japan, have entered into an agreement to bring out an authoritative book on Indian capital markets. The book is intended for foreign investors, analysts, and others interested in Indian markets. Under the agreement, CAF will be responsible for the content, including identifying and engaging experts to write different sections of the book. NICMR will provide funding for the project.

The book is expected to be ready for publication by December, 2008. Under the agreement, CAF and NICMR will hold joint copyright to the English-language edition of the book. NICMR will hold the right to a Japanese translation. Following the first edition, the book will be periodically updated.
This project is especially commendable as earlier NICMR has partnered only with Brookings Institution, a highly regarded think-tank based in Washington DC.


First Accounting Research Conference at the ISB

The Indian School of Business (ISB), hosted the first Accounting Research Conference, between December 17 –19, 2007, on the ISB campus. The theme of the Conference was 'Need for Accounting Research in India and Asia.'

The first day of the Conference saw two panel discussions – ‘Need and Scope for Accounting Research in India’, and ‘Asian Accounting Research: Topics, Publications, Outlets, and Incentives’. Some eminent panellists who were part of the forum were Usha Narayanan, Executive Director, SEBI; Mahesh Vyas, CEO, Centre for Monitoring the Indian Economy (CMIE); Professor Shyam Sunder, Yale University, and Professor Bin Srinidhi, The Hong Kong Polytechnic University.

For more information go to: http://www.isb.edu/media/UsrSiteNewsMgmt.aspx?Topicid=335


ISIS 2007: A Power-packed Industry–Academia Interface

The Centre for Information Technology and the Networked Economy (CITNE), and the Business and Technology Club at the Indian School of Business (ISB), hosted the second International Symposium of Information Systems (ISIS 2007), on December 21, 2007. Building on the spectacular success of ISIS 2006, this years’ symposium brought together leading academic researchers and industry thought leaders to confer and debate on the role of IT in enhancing global competitiveness and economic development, and discuss current unpublished work and research topics that are relevant and rigorous. The high profile conference was sponsored by I-flex Solutions.

For more information go to: http://www.isb.edu/media/UsrSiteNewsMgmt.aspx?Topicid=336

ISB Innovators Ace Metamorphosis Contest

Metamorphosis, the application discovery and business model contest recently held at the ISB, had scientists, academia, government, and business school students discussing market potential for select Indian grass root innovations. The event was organised by the Entrepreneurship and Venture Capital Club (EVC), and the Wadhwani Centre for Entrepreneurship Development (WCED) and was supported and partnered with the Ministry of Science and Technology, Government of India, under its Technopreneur Promotion Programme (TePP). The first round of the competition saw a total of 135 teams of students from various B-Schools and IITs from across the country.

Team Hercules from the ISB, comprising Dr Kiran M Shete, Hardik Manek Bharat, and Satish Kashyap walked away with the final accolade. Their product, the Auto Distractor, designed by Prasad Kulkarni, is an orthopaedic device that can transform the limb reconstruction procedure. The team declared that at the ISB they have always been exposed to analyzing ideas with a view to commercialize them. “The Metamorphosis experience has further nurtured the entrepreneur inside us,” they voiced.

Team Water- Pranav Padgaonkar, Siva Prasath B and Vishal Dashora also from the ISB came in second. Their innovation, Bachat Valve, is a cut-off valve that blocks the inlet of the water tap in residences when there is no water in the overhead tank. This prevents water from being wasted through the taps when the overhead tank is refilled. It comes as a huge relief especially to the multi-storey apartments in metros, where one resident’s mistake costs everyone their day!

For more news on Metamorphosis, please visit
http://www.isb.edu/media/UsrSiteNewsMgmt.aspx?Topicid=332


ISB Day – Six Years of Never-ending Celebrations

The Sixth Anniversary Celebrations of the Indian School of Business (ISB) epitomised the incessant talent, the indomitable mettle, and the essence of community life, which the campus has in abundance. On December 9, 2007, the ISB community - students, faculty, and staff- partook in the merriment, celebrating ISB’s sixth year of existence and excellence.

‘Future Leaders’, a colorfully costumed dance, saw tiny-tots dressed up as freedom fighters and leaders, dancing to the tune of Vande Mataram. The evening’s talent show proved to be a bag of never-ending surprises. Students presented a spoof on what life at the ISB is like - from the moment they make the decision to join the School, till those gruelling placement days. A Mridangam recital and a classical vocal recital won much appreciation. A play ‘Marna Mana Hai’ put up jointly by the Theatre Club at the ISB and Microsoft brought in much laughter and empathy. The evening's programme wound up with the ‘can’t be omitted’ Rock Show, organised by the student band.

On the occasion, Dean M R Rao felicitated members of the staff who completed their five years of service at the ISB. He also presented mementos and gifts to the winning participants of various competitions, that were held during the entire month of November – rangoli, creative writing, binary cricket, treasure hunt, quiz, to name a few. Guests were seen sharing light moments, while kids huddled near the tattoo and craft corner and the inflatable slides, all arranged to keep them occupied happily. (enclose one or two pictures )

The evening ended with an enjoyable dinner and lots of bonding till the next year.


Seminar on Case Writing

To commence the case writing initiative at the ISB, Professor Charles Dhanaraj, who is an experienced case writer and teacher, conducted a brief introductory seminar on case writing on December 19, 2007.


Publications

Professor Ravi Bapna’s paper has been accepted for publication in the Information Systems Research, a top tier journal in the Information Systems Area. This is his third acceptance in a top journal in the past one year.
R Bapna, G Shmueli and W Jank "Consumer Surplus in Online Auctions" Information Systems Research

Dr Kiran M Shete, Rohit Kumar and Neha Iyengar's paper in ‘Business Vision’ journal
One more feather has been added to the ISB’s feat! Dr Kiran M Shete, Class of 2008, whose paper on "Changing Paradigms in Management of Foreign Exchange by Indian Firms & RBI", co-authored with Rohit Kumar has been selected for ‘Business Vision’ journal publication. It is a management journal of SNCPS, AP.

Another paper from Neha Iyengar on 'Strategies for Private Equity Firms to create Value in India’ has also been selected for the ‘Business Vision’ journal publication.


Professor Ram Gopal joins the ISB as a Visiting Scholar 

Professor Ram Gopal has joined the ISB as a Visiting Scholar. Professor Gopal is the GE Capital Endowed Professor of Business at the School of Business, University of Connecticut. His research interest lies in the areas of Privacy and information security, Piracy and intellectual property, Design of online market structures and Technology: design, management and evaluation. Professor Ram obtained his PhD in Management information systems from S.U.N.Y, Buffalo in 1994 and BTech from IIT, Madras in 1986.


Dr Vijaya B Marisetty joins the ISB as a Visiting Scholar

Dr Vijaya B Marisetty has joined the ISB as a Visiting Scholar. He is visiting the ISB till December 2008. He is a Visiting Assistant Professor at the National Institute of Securities Markets (NISM), Mumbai and a Senior Lecturer at Monash University.

His research interests are in the areas of Indian Capital Market, Funds Management, Market Microstructure and Australian superannuation Funds. He is a Post Doctoral Fellow of the ISB. He obtained his PhD in Financial Economics from Monash University and completed his Post-graduate Level Course Research Methods from Royal Melbourne Institute of Technology, Australia. Dr Vijay will be working with Professor Kallapur on establishing the Network for Securities Markets Data (NSMD) for NISM. The ISB is partnering with NISM to establish NSMD.


Professor Gireesh Shrimali joins the ISB as a Resident Faculty

Professor Gireesh Shrimali has joined the ISB as an Assistant Professor in the Information Systems Area. His research interests are in the areas of network and Internet economics, mainly from the perspective of competitive resource sharing by service providers. Representative examples of this setting include Internet service provider peering, service industries and grid computing. He has used tools from economics, especially game theory and optimization, to derive structural results and to develop practical protocols. In the past, he has used tools from probability theory and queuing theory in the analysis and design of high speed, high capacity networks. Professor Shrimali has a PhD from Stanford University and an MS in Electrical Engineering from the University of Minnesota. He obtained his Bachelors in Technology from the Indian Institute of Technology, Delhi.


Professor Giri Kumar Tayi joins the ISB as a Visiting Scholar

Professor Giri Kumar Tayi joined the ISB as a Visiting Scholar. He is visiting the ISB till July 2008. Professor Tayi is a Professor of Management Science and Information Systems at the School of Business, University at Albany State University of New York. His teaching interest lies in the areas of Information Systems, Operations Management and Operations Research. Professor Tayi obtained his PhD in Engineering Systems and Policy from CMU, Pittsburgh, MTech in Production/Operations Management from IIT, Kharagpur and BTech in Chemical Engineering from OU, Hyderabad.


Neha Mittal wins 2008 AMCF Richard Metzler Scholarship

Neha Mittal, Class of 2008, has been awarded the prestigious Richard Metzler Scholarship from the Association of Management Consulting Firms (AMCF), USA. This is awarded to 1 student across all the leading B-schools in the world. This is the first time the ISB sent applications to AMCF and we have hit the home run!


Net Impact Club

With funds contributed by Class of 2008, Net Impact Club has instituted two-year scholarships of 5000/- each for four bright children of Ashray Akriti School for hearing impaired. First instalment of this scholarship has been disbursed to Arun Kumar Tagore, G Venkata Subramanyam, M Abhinay Rao, Ganga Devi during their visit to the ISB.

The ISB has donated 4 laptops to Ashray Akriti for educational use of these kids. These children are studying in a polytechnic college in trades like Mechanical Engineering, Computer Science and electronics and telecommunications and wish to join ISB some day!


ISBAA Senate Election results

ISBAA elections were held through on-line voting

Senate Chairman: Prashant Dhawan (Class of 2003)
Senate Vice-Chairman: Subramani Ramachandrappan (Class of 2004)
Senate Treasurer: Karthik Ram Srinivasan (Class of 2004)
Director Chapter Liaison: Aakash Shah (Class of 2006)

The new Senate will assume office from February 2008. As per the constitution, in order to ensure continuity and a smooth handover, the Founding Senate Chairman will continue to be on the Senate for the next two years as a non-voting member.


Committees at the ISB

ISB Young Leaders and Torchbearers Awards stand as a tribute to the ISB PGP students who have demonstrated extraordinary ability, leadership, commitment, and quality of participation in the ISB campus life. I am pleased to constitute the ISB Young Leaders Awards Committee to select the awardees for the year 2007 – 08.

Professor N Viswanadham (Chair)
Ashalata Devi, ASA
Arundhati Ghanwar, LRC
Shiv Kumar, CCA
Subramonia Sarma, PGP-Projects
Konark Saxena


Photo Studio on Campus

Photo Studio on Campus is located at SV1, K block and will be officially inaugurated very soon.
Workshops on Basics, Fashion etc will be organised.

For any enquiries please email: kiran_shete@pgp2008.isb.edu
Dr Kiran M Shete
President - Photography Club