Two-day management meet commences
AndhraLoyola College (Autonomous) is abuzz with energy as its MBA Department inaugurates Magnalite 2K25, a two-day national management meet, held at the PG Seminar Hall on Friday. This year's event, themed 'Ignite Yourself', aims at empowering MBA students from across India to cultivate their leadership potential for the ever-evolving business landscape.
Fr Dr S Melchior, SJ (Principal), Rev Fr Dr KM Prabhudas (Vice-Principal), and Fr T Balaswamy participated. Their addresses were a source of inspiration, highlighting the critical importance of innovation, entrepreneurship, and ethical leadership in today's world.
Organised by a dedicated team including Dr A Madhuri, Dr Ch Varalakshmi (HoD), and Dr BR Kumar, and Dr D Bhaskar, MAGNALITE-2K25 promises a dynamic platform. It offers management students a prime opportunity to demonstrate their creativity and strategic thinking through various events and competitions.
With free registration, the meet has attracted participants from numerous institutions nationwide, transforming Andhra Loyola College into a vibrant hub of fresh ideas and youthful enthusiasm.
The official opening sets the stage for two days packed with engaging events, competitions, and workshops designed to challenge and inspire.
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Hans India
05-07-2025
- Hans India
Two-day management meet commences
Vijayawada: Magnalite 2K25, Andhra Loyola College, Management Meet, MBA Students, Leadership Development, Innovation AndhraLoyola College (Autonomous) is abuzz with energy as its MBA Department inaugurates Magnalite 2K25, a two-day national management meet, held at the PG Seminar Hall on Friday. This year's event, themed 'Ignite Yourself', aims at empowering MBA students from across India to cultivate their leadership potential for the ever-evolving business landscape. Fr Dr S Melchior, SJ (Principal), Rev Fr Dr KM Prabhudas (Vice-Principal), and Fr T Balaswamy participated. Their addresses were a source of inspiration, highlighting the critical importance of innovation, entrepreneurship, and ethical leadership in today's world. Organised by a dedicated team including Dr A Madhuri, Dr Ch Varalakshmi (HoD), and Dr BR Kumar, and Dr D Bhaskar, MAGNALITE-2K25 promises a dynamic platform. It offers management students a prime opportunity to demonstrate their creativity and strategic thinking through various events and competitions. With free registration, the meet has attracted participants from numerous institutions nationwide, transforming Andhra Loyola College into a vibrant hub of fresh ideas and youthful enthusiasm. The official opening sets the stage for two days packed with engaging events, competitions, and workshops designed to challenge and inspire.
Time of India
04-07-2025
- Time of India
Chandigarh's audit avalanche: Thousands of red flags ignored since 1971
1 2 Chandigarh: In a city known for its bureaucratic rigidity, the Chandigarh administration seems to be treading a callous path when it comes to resolving a decades-long backlog of audit objections, some dating back to 1971. According to the office of the Director General of Audit (Central) Chandigarh, more than 2,300 audit paras of different UT departments are pending. One of the oldest pending audit paras is from the UT excise and taxation department from 1971 regarding tax assessment. For the UT estate office, an audit para from 1979 is pending, which relates to the outstanding balance of a scooter and car stand amounting to Rs 1.13 lakh in that year. There are around 200 entities whose audit paras are pending. Audit paras of the education department are pending since 1980. Some of the audit paras of the sub-registrar office are pending since 1981. Several other UT departments have failed to resolve audit paras since 1981. Among the govt agencies with the maximum number of outstanding paras is the UT engineering department, with more than 700 paras pending against different wings of the department. Some of these have been pending since the 1980s. The estate office has around 155 pending paras. More than 600 audit paras are pending against the municipal corporation. "The audit paras are to be resolved by the department concerned. Most of these relate to financial matters, and some are also regarding administrative policy. Such long pendency of the audit paras indicates that the administration doesn't take the audit process seriously. The audit can only point out the lacunas and financial flaws within the administrative processes, but it is for the administration to rectify these and resolve them with the audit committee. The administrative secretaries should ensure that audit paras in the inspection reports/local audit reports are resolved at the earliest," said an audit department official requesting anonymity. Stating that the piling of the audit report shows that the administration has consistently failed to resolve the lacunas pointed out by the audit, the official said, "It shows that the executive is not taking the constitutional body seriously." After the completion of the audit, the audit observations are forwarded to audited entities in the form of an inspection report. The major observations (part-II-A paras) which have potential are forwarded to heads of departments (HoDs) in the form of a statement of facts (SoF). After getting a reply from the HoD about the SoFs, the same are processed as potential draft paras (PDPs) and subsequently featured in the audit report as draft paras (DPs). "There exist several mechanisms for enforcing compliance to audit, viz. audit committee meetings, bilateral meetings, quarterly/half yearly reports of outstanding IRS/paras, etc. In the case of draft paras of audit reports, selected paras are discussed in the public accounts committee (PAC), and recommendations/action taken notes are forwarded to this end on the basis of such discussion by the PAC," said the audit official. RK Garg, a city-based social activist, said, "It is surprising that a large number of audit paras are pending for so many years, and it is almost all departments of UT. That means UT is not serious about discrepancies and irregularities pointed out by CAG. The administration should start monitoring the audit paras and initiate action for recoveries in financial transactions and launch a special month to submit replies to CAG. The picture will not be cleaned unless strict action is taken and the responsibility of HoDs is fixed." A senior UT official said, "The administration takes the audit paras very seriously and has developed different mechanisms like an online portal to allow administrative secretaries to regularly monitor the progress of resolution of paras. Similarly, regular meetings with the audit agency are held for this purpose."
The Hindu
02-06-2025
- The Hindu
NCC, Shapoorji & Pallonji, and L&T to build five towers in Amaravati at ₹3,673 crore
The 48th Capital Region Development Authority (CRDA) meeting, held under the chairmanship of Chief Minister N. Chandrababu Naidu at the Secretariat on Monday, approved the selection of NCC Limited for the construction of the GAD Tower and Shapoorji & Pallonji and Larsen & Toubro (L&T) for the construction of Head of Department (HoD) Towers 1 and 2, and 3 and 4 respectively at a total cost of ₹3,673 crore. Announcing it in a press conference on Monday, Municipal Administration Minister P. Narayana said NCC emerged as the lowest bidder for the GAD Tower by quoting a sum of ₹882 crore, while Shapoorji & Pallonji and L&T were the lowest bidders for the HoD Towers 1 and 2, and 3 and 4 by offering to build them for ₹1,488 crore and ₹1,303 crore. The CRDA approved the issue of Letters of Agreement to them with the mandate to begin the works immediately. The construction of these five administrative towers had begun during 2014-19 but had come to a grinding halt after the YSR Congress Party (YSRCP) came to power. The NDA government now focused on their construction and cleared all the legal hurdles that came in their way. These towers were so planned that the Ministers and all HoDs concerned would be seated in the same building for the convenience of the public approaching them. Amaravati airport Mr. Narayana said the CRDA also gave permission for the construction of an international airport on 5,000 acres in the capital with a vision for the next 50 to 100 years. An airport of such scale was mainly essential for investors to easily travel to Amaravati, the Minister said, while pointing out that Mr. Chandrababu Naidu's decision to build the international airport at Shamshabad had been heckled by his critics but time proved them wrong. Land for smart industries Further, Mr. Narayana said the CRDA cleared the proposed allotment of 2,500 acres for smart industries in Amaravati that would give a fillip to the value of lands pooled from the farmers. Besides, an international sports city was planned to be developed, and it was decided to extend the rules and regulations applied to the original master plan of 217 square kilometres of the capital region, to more lands which the government contemplated to take through the Land Pooling Scheme (LPS). So far, farmers came forward to give 24,000 acres more under the LPS. Additional funding As far as external funding of the Amaravati project was concerned, Mr. Narayana said the government was hopeful of raising ₹5,000 crore from various banks and lending institutions in addition to ₹15,000 crore already sanctioned by the World Bank and the Asian Development Bank and ₹11,000 crore approved by HUDCO. Asked whether the government was trying to rope in the Government of Singapore (GoS) for the development of Amaravati, he replied in the affirmative, while stating that the GoS officials who helped the A.P. government during 2014-19 in preparing the Amaravati master plan and related activities were sceptical due to bitter experience they had during the YSRCP regime.
