Speaking about the importance of the day, he said, Convocation is shifting the orbit and beginning a new phase of life for the participants of our programmes.

The award is to recognize his outstanding leadership in globalizing India and transforming Tata Group as a company to reckon with.

In his address, Mr Roongta noted the progress made by IIM-I, reminded the students of the opportunity and problems that India faces and offered his mantra to the budding managers.

Highlighting the importance of knowledge, Mr Roongta said, We are living in very exciting times. The world has shrunk as never before. The process of globalization continues to transform the economic play field. Competitiveness in every facet is the key. Knowledge has acquired new significance. The era is of Intellectual Capital, which has become the prime mover of organizations.

According to information shared by IIM-K with MBAUniverse.com, 177 members of the class of 2008 will be awarded the Post Graduate Diploma in Management. Two students would be awarded the Institutes gold medal for academic performance and all-round performance respectively.

Dr. C.K.Prahalad, the man behind the Bottom of the Pyramid concept, is globally recognized business consultant. His groundbreaking article, The End of Corporate Imperialism, won the 1998 McKinsey Prize as the years best

Mr Prem was at IMT campus to receive the Distinguished Alumnus Award 2008. While receiving the award, Mr Prem said, I am overwhelmed with a feeling of love and nostalgia. Its the same campus where I grew up. I feel proud to receive this award today.

In his inspirational address, Mr Prem urged the passing out students to not succumb to the way things are done in corporate India, but to add new energy and dynamism. He communicated his message through a story of Bumblebees.

Said Dr Sahay, My advice is that you think big and do big. Unless you dream big, you cannot think big, if you cannot think big, you cannot do big tasks.

Talking about the expansion at IMT, Dr Sahay said, IMT family has grown to three campuses: Ghaziabad, Nagpur and Dubai. I feel happy to inform you that we are moving to our newly constructed state-of-the-art campus in Dubai next month.

To comment on the current state and how to survive these times, who better than someone who is leading India on global forums like WTO Mr Kamal Nath. Delivering his presidential address at IMT Convocation on March 18, Minister of Commerce & Industry, Government of India, Mr Kamal Nath, spoke on these issues.

Said Mr Nath, World is undergoing tremendous transformation. India is an active participant in the global playing field. These changes bring both challenges and opportunities.

Delivering the Convocation Address at Institute of Management Technology, Ghaziabad (IMT) on March 18, business icon Mr N R Narayana Murthy believes that business managers and students, who are leaders of tomorrow, must make the best use of the current times.

Mr N R Narayana Murthy, Chairman of the Board and Chief Mentor of Infosys Technologies was the guest of honour, presided over 1,000 people on the ceremony. Mr Kamal Nath, President, IMT Ghaziabad and Union Minister of Commerce and Industry awarded over 700 Post-Graduate degrees and diplomas to the students of IMT Ghaziabad and Nagpur.

While the current management program for the armed forces has still a fortnight to conclude, leading companies like Tata Motors, Cadilla, Reliance, Idea Cellular, Tata NDPL, ICICI, Genpact, Ericsson, Infosys have thronged the MDI campus to woo officers with fat pay packets.

According to MDI, the pay packages range from Rs 12 to Rs 18 lakhs.

These ex-army officers are successfully reorienting themselves after their retirements from the Army, Navy and the Air Force.