Saturday, February 23, 2013

89th Week@XIMB

89th Week@XIMB - 17th February to 23rd February, 2012

17th February - Sikkim Trip

18th February - Sikkim Trip

19th February - Sikkim Trip

20th February - All classes were finished till now. I only remember Hobbes quote mentioned in Ethics class - It is a bleak world where there is continual fear, and danger of violent death; and the life of man, solitary, poor, nasty, brutish, and short.

The following seven students of RM II have won the worldwide ACARA Challenge of USA (University of Minnesota). The Teams are: Pure Pots- V Ramesh, Pabitra Nayak- Prize $ 1500 ; Nutricycle- Jyoti Kumar Mainali, Omprakash Singh, Shreyas Bhartiya- Prize $ 1000 ; Community Shops- Amit Verma, Sachin Pethkar- Honorable Mention- (Prize money on Pitching)

21st February - Only one student had completed IRP in a entire batch of 330 students, and that puts his effort in perspective. B Srinivas Rao completed his IRP with full dedication and efforts.

22nd February - This was the last class of CMD where I learnt about futures market in more detail. The recent growth of futures trading has taken place in the backdrop of a long history of ban on forward trading when the perception about these markets was not good. These markets are bound to challenge status quo and adversely impact some interest groups. Whenever futures markets try to grow faster than the under developed physical spot markets of underlying commodities, disconnect between the two gets widened thereby exposing the futures market to the criticism of being driven by speculators, even if closely regulated.

23rd February - From a distance it seems that XIMB-RM is two poles: the potential, educated progressive half; and the self indulgent and bias, backward half. And they are quite dynamic in nature depending on situations ;) But a neanderthal legacy of hullabaloo over civilized and reasoned debates exist in the students.

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