IIM Calcutta held the celebration with traditional gaiety and much enthusiasm.

The Think Odisha Leadership Awards were the result of an initiative by Teflas and The Times of India to recognise and honour individuals and organisations that have contributed consistently to the betterment of the state of Orissa. The award will be presented to XIMBs Director, Fr. P. T. Joseph, in a ceremony in Bhubaneswar, on the August 14, 2008 in presence of Shri Naveen Patnaik, the honourable Chief Minister of Orissa.

Unite4action, or U4A, tries to bridge the resource gap in social sector and caters those professionals and students who feel like contributing to society, but dont know from where to start.

Information overload, rapid change, irreconcilable certitudes and persistent uncertainty are now the experience of many organisations including companies, government departments and NGOs.

Abraham Zaleznik of Harvard Business School argues that managers tend to adopt impersonal, if not passive, attitude towards goals, whereas leaders take a personal and active attitude towards goal. While, John Kotter, a colleague of Zaleznik at Harvard, also argues that management is about coping with complexity. Leadership, in contrast, is about coping with change. No wonder that leadership literature is voluminous and much of it is confusing and contradictory.

Even the brief love affair with Japanese business practices in the early 1980s was intellectually colonized by American thinkers such as W. Edwards Deming and Richard Pascale.

The impact of Bhagavad Gita was clear when he said I think its better to fight and fail than not to fight at all; but in this industrial movement I believe we are destined to fight and to conquer. I have no patience with my country men throw up their hand in despair, and declare all is lost. He had demonstrated transactional leadership.

The institute has already announced the date for its admission test - IBSAT - for both of the programmes.

The IBSAT (IBS Aptitude Test), acronym for ICFAI Business School Aptitude Test, will be held on December 21, 2008.

According to IBS, The IBSAT 2-hour long paper is aimed to test the applicants ability in quantitative techniques, data interpretation, data adequacy, vocabulary, analytical reasoning and reading comprehension.

Bharat Ratna and Former President of India Dr APJ Abdul Kalam will preside over the function and deliver the convocation address.

Dr Kalam will also hand out the coveted Industrial Management, Information Technology Management and Industrial Safety & Environment Management diplomas to the 2008 Batch. He will also address the present batches, Class of 2009 and 2010, currently pursuing their MBA.

Padmasri Sudha Raghunathan, Noted Carnatic Vocalist, Ms. Mridula Ramesh of Sundaram Textiles and Ms. Hemu Ramaiah, founder of Landmark enlightened the audience on Women as Trailblazers: Dreaming, Exploring and Discovering new horizons.

SWIM is an initiative by the students of Great Lakes to empower women with traits to assume leadership roles in the corporate world. The SWIM community, initiated in 2005, works towards identifying and drawing inspiration from successful women from various walks of life.