ABT Parcel Service, a leading goods transporter, will commence long distance Omni luxury bus services from November 1, a top offficial of the group said here yesterday
To start with, the company would operate buses in three sectors, all to Chennai from Coimbatore, Tirupur and Pollachi and down, M Manickam, Managing Director, ABT group said today.
Speaking to reporters during a trial run of the hi-tech 40-seater airconditioned bus, he said the company has proposed to increase its service across Tamil Nadu and also various parts of South India, including Bangalore, within one year.
With a bus costing Rs 30 lakh to Rs 35 lakh, the company proposed to add 35 more buses in this fiscal. To ensure passenger safety, a GPS control system has been fitted to monitor and track the vehicles.
On future plans,he said ABT would introduce package tours, daily or weeklong, to tourist spots and famous pilgrim centres The company is in the process of introducing e-ticketing facility so that passengers need not wait in queue for tickets Manickam added.
Source: The Hindu
Saturday, October 28, 2006
Friday, October 27, 2006
NRI offers Rs.10 crore for new Government hospital at Coimbatore
A 300-bed hospital will come up on the premises of the Coimbatore Medical College at Peelamedu here at a cost of Rs.10 crore, fully funded by Alagiri Swamy, a nephrologist based at Memphis in the United States.
The Dean of the Coimbatore Medical College and Hospital (CMCH), T.P. Kalaniti, said on Thursday that on coming to know of the need for expansion of the existing hospital, Dr. Swamy had contacted the Dean and offered the amount.
With no scope for expansion at the hospital, Dr. Swamy wrote to the Secretary of Health and Family Welfare expressing his desire to contribute the amount for the construction of a new hospital. After studying it, the State Government issued an order permitting the construction of the hospital with the funds from Dr. Swamy and also naming it "Jay Swamy Memorial Building", after his son.
Completion
The order had asked the Director of Medical Education to earmark the site for the building and one of the conditions was that Dr. Swamy should ensure the completion of the project in two years.
Source: The Hindu
The Dean of the Coimbatore Medical College and Hospital (CMCH), T.P. Kalaniti, said on Thursday that on coming to know of the need for expansion of the existing hospital, Dr. Swamy had contacted the Dean and offered the amount.
With no scope for expansion at the hospital, Dr. Swamy wrote to the Secretary of Health and Family Welfare expressing his desire to contribute the amount for the construction of a new hospital. After studying it, the State Government issued an order permitting the construction of the hospital with the funds from Dr. Swamy and also naming it "Jay Swamy Memorial Building", after his son.
Completion
The order had asked the Director of Medical Education to earmark the site for the building and one of the conditions was that Dr. Swamy should ensure the completion of the project in two years.
Source: The Hindu
Thursday, October 26, 2006
Khivraj Tech Park plans SEZ in chennai
Khivraj Tech Park Pvt Ltd, the real estate arm of Khivraj Motors, is planning a 25-acre IT products specific SEZ (special economic zone) in Navalur, Chennai, according to Mr Ajit Chordia, Chief Executive Officer, Khivraj Tech Park.
This would be the company's second venture in this area, the first one being Olympia Tech Park in Guindy, promoted jointly with Eveready Industries India.
Some of the existing clients at Olympia have evinced interest in taking up space at the new technology park as a part of their expansion plans, he said, including one major telecom outsourcing company.
Some of the major clients at Olympia include AIG (American International Group), an insurance products and services provider, and Mindtree, a Bangalore-based software services provider.
Mr Chordia said that the company is hoping for SEZ status because of the benefits to IT companies. "Since there is no certainty that STPI (software technology parks of India) benefits would be extended beyond 2009, bigger companies such as Wipro and IBM are looking at SEZs," he said.
From the developers' perspective, the capital cost comes down by about 10 per cent in an SEZ, which is not a major benefit, he said. Developers are entitled to benefits under the industrial park scheme, which is still valid for the next two years, and would allow the company to enjoy ten years of tax-free operations.
However, apart from the cost, the SEZ also allows for an assured title deed, and reduces the possibility of land disputes.
The company would also set up a school or a hospital for the benefit of the locals around the SEZ region.
Khivraj is also planning to expand to tier two cities in anticipation of growth in those areas. It would send in applications for SEZ allocations in Coimbatore, Tiruchi and Madurai.
Mr Chordia said that Coimbatore is emerging as a suitable alternative to Chennai, whereas Tiruchi is a city for the future. "We believe Tiruchi stands a good chance of becoming the next best destination after Coimbatore, because of the number of good engineering and arts colleges," he said, pointing out that a company such as ABN Amro has been recruiting B.Com graduates irrespective of their background. This could mean that the next logical step is to set up shop in those cities.
Also, Coimbatore is fast becoming as expensive as Chennai as far as real estate costs go. Rental costs in Tiruchi would still give the company a cost saving of about 40 per cent, he said.
source: The Hindu
This would be the company's second venture in this area, the first one being Olympia Tech Park in Guindy, promoted jointly with Eveready Industries India.
Some of the existing clients at Olympia have evinced interest in taking up space at the new technology park as a part of their expansion plans, he said, including one major telecom outsourcing company.
Some of the major clients at Olympia include AIG (American International Group), an insurance products and services provider, and Mindtree, a Bangalore-based software services provider.
Mr Chordia said that the company is hoping for SEZ status because of the benefits to IT companies. "Since there is no certainty that STPI (software technology parks of India) benefits would be extended beyond 2009, bigger companies such as Wipro and IBM are looking at SEZs," he said.
From the developers' perspective, the capital cost comes down by about 10 per cent in an SEZ, which is not a major benefit, he said. Developers are entitled to benefits under the industrial park scheme, which is still valid for the next two years, and would allow the company to enjoy ten years of tax-free operations.
However, apart from the cost, the SEZ also allows for an assured title deed, and reduces the possibility of land disputes.
The company would also set up a school or a hospital for the benefit of the locals around the SEZ region.
Khivraj is also planning to expand to tier two cities in anticipation of growth in those areas. It would send in applications for SEZ allocations in Coimbatore, Tiruchi and Madurai.
Mr Chordia said that Coimbatore is emerging as a suitable alternative to Chennai, whereas Tiruchi is a city for the future. "We believe Tiruchi stands a good chance of becoming the next best destination after Coimbatore, because of the number of good engineering and arts colleges," he said, pointing out that a company such as ABN Amro has been recruiting B.Com graduates irrespective of their background. This could mean that the next logical step is to set up shop in those cities.
Also, Coimbatore is fast becoming as expensive as Chennai as far as real estate costs go. Rental costs in Tiruchi would still give the company a cost saving of about 40 per cent, he said.
source: The Hindu
Wednesday, October 25, 2006
Palanisamy is Rural Industries Minister
The five-month-long Dravida Munnetra Kazhagam Government will have one more Minister with the induction of N. Palanisamy, Member of the Legislative Assembly representing Coimbatore East.
The strength of the Ministry will go up to 31. A press release issued by Raj Bhavan on Wednesday said Mr. Palanisamy would be sworn in shortly.
He held the portfolios of Pollution Control and Youth in the previous DMK regime (1996-2001). Mr. Palanisamy will be the Minister in charge of Rural Industries, a portfolio till now looked after by Arcot N. Veerasamy, Electricity Minister.
Mr. Veerasamy has been entrusted with the portfolio of personnel and administrative reforms, which was till now looked after by Chief Minister M. Karunanidhi.
The subject relating to wasteland development has been given to Agriculture Minister Veerapandi S. Arumugam. Hitherto, it was held by Suba Thangavelan, Minster for Housing and Slum Clearance.
Source: The Hindu
The strength of the Ministry will go up to 31. A press release issued by Raj Bhavan on Wednesday said Mr. Palanisamy would be sworn in shortly.
He held the portfolios of Pollution Control and Youth in the previous DMK regime (1996-2001). Mr. Palanisamy will be the Minister in charge of Rural Industries, a portfolio till now looked after by Arcot N. Veerasamy, Electricity Minister.
Mr. Veerasamy has been entrusted with the portfolio of personnel and administrative reforms, which was till now looked after by Chief Minister M. Karunanidhi.
The subject relating to wasteland development has been given to Agriculture Minister Veerapandi S. Arumugam. Hitherto, it was held by Suba Thangavelan, Minster for Housing and Slum Clearance.
Source: The Hindu
Irugur line doubling project at a snail's pace
Irugur line-doubling project continues to remain a dream though 10 years have passed since it was included in the Railway Budget of 1996-1997.
The single railway line between the Coimbatore Junction and Irugur is a bottleneck affecting timely operation of trains and introduction of new services. Trains entering Coimbatore will either be held up at Irugur or have to move at snail's pace because of the single line.
Railway authorities are turning down requests for new trains citing the pathway congestion.
Important trains
Three pairs of important trains are being operated via Podanur and Irugur skipping Coimbatore and any schedule for a special or a new train will automatically skip Coimbatore.
While budgetary allocations proved to be inadequate all along, now teething troubles are derailing the completion of the project.
The project seems to suffer from want of coordination between various Central and State Government departments, say sources.
In the last 10 years, railways had completed only 2.6 km line conversion between the Coimbatore Junction and the North. It has helped in giving a little breathing space for the Coimbtore Junction when there are more outgoing and incoming trains.
Cost escalation
Of the estimated cost of Rs. 38.66 crore (including cost escalation over the last few years), the railways has so far allotted Rs. 24.49 crore, say highly placed railway sources. The project is not progressing owing to hitches in handing over of 1.365 hectares by the State Government.
Unresolved disputes over the issue of sharing the cost of over bridges at two places - on Sathyamangalam Road (near Textool) and on Avanashi Road near Hope College - are also delaying the project.
Railways, as per the existing norms, is willing to foot the cost involved in replacing the existing structure whereas the Highways authorities want both two-lane bridges replaced with six-lane bridges.
Railways had made it clear that it would demolish the existing structure for widening the pathway and construct another. But the cost of increased lanes would have to be borne by the Highways. Talks between officials and Ministers were in the final stages.
Approval
The revised General Agreement Drawing (GAD) has been sent to the National/State Highways for approval. Railway authorities are now going slow on other works since the money invested in rest of the incomplete work will become a dead investment.
While no time limit is fixed for completing the project at the time of including it in the budget proposal, the railway authorities are expecting to complete it by 2008. The secretary of Coimbatore Consumer Cause, K. Kathirmathiyon, has asked the Chief Minister to sort out the issues since Governments of consensus are in power both at the State and the Centre.
Source: The Hindu
The single railway line between the Coimbatore Junction and Irugur is a bottleneck affecting timely operation of trains and introduction of new services. Trains entering Coimbatore will either be held up at Irugur or have to move at snail's pace because of the single line.
Railway authorities are turning down requests for new trains citing the pathway congestion.
Important trains
Three pairs of important trains are being operated via Podanur and Irugur skipping Coimbatore and any schedule for a special or a new train will automatically skip Coimbatore.
While budgetary allocations proved to be inadequate all along, now teething troubles are derailing the completion of the project.
The project seems to suffer from want of coordination between various Central and State Government departments, say sources.
In the last 10 years, railways had completed only 2.6 km line conversion between the Coimbatore Junction and the North. It has helped in giving a little breathing space for the Coimbtore Junction when there are more outgoing and incoming trains.
Cost escalation
Of the estimated cost of Rs. 38.66 crore (including cost escalation over the last few years), the railways has so far allotted Rs. 24.49 crore, say highly placed railway sources. The project is not progressing owing to hitches in handing over of 1.365 hectares by the State Government.
Unresolved disputes over the issue of sharing the cost of over bridges at two places - on Sathyamangalam Road (near Textool) and on Avanashi Road near Hope College - are also delaying the project.
Railways, as per the existing norms, is willing to foot the cost involved in replacing the existing structure whereas the Highways authorities want both two-lane bridges replaced with six-lane bridges.
Railways had made it clear that it would demolish the existing structure for widening the pathway and construct another. But the cost of increased lanes would have to be borne by the Highways. Talks between officials and Ministers were in the final stages.
Approval
The revised General Agreement Drawing (GAD) has been sent to the National/State Highways for approval. Railway authorities are now going slow on other works since the money invested in rest of the incomplete work will become a dead investment.
While no time limit is fixed for completing the project at the time of including it in the budget proposal, the railway authorities are expecting to complete it by 2008. The secretary of Coimbatore Consumer Cause, K. Kathirmathiyon, has asked the Chief Minister to sort out the issues since Governments of consensus are in power both at the State and the Centre.
Source: The Hindu
Tuesday, October 24, 2006
Nilgiris Mountain Rail service suspened !!!
The Nilgiris Mountain Rail (NMR) service between Mettupalayam and Udhagamandalam has been suspended till October 24 due to landslips following incessant rains in Nilgiris district for the last few days, official sources said.
The train, which left Mettupalayam on Saturday morning had to return as there were landslips near Kallar and again a few km from there.
Due to continuous landslips and rains, the Railways decided to suspend the service of this train for three days, the sources said.
Restoration of the service would depend on the situation on the track, they added.
Source: chennai online
The train, which left Mettupalayam on Saturday morning had to return as there were landslips near Kallar and again a few km from there.
Due to continuous landslips and rains, the Railways decided to suspend the service of this train for three days, the sources said.
Restoration of the service would depend on the situation on the track, they added.
Source: chennai online
Monday, October 23, 2006
Sri krishna sweets, Annapurna, Annalakshmi busy as always !!
They are everywhere. On the table, in cupboards, in the larder, on kitchen counters, in the boot of the car, down your clothes and in your mouth. Big ones, small ones, dry ones, juicy ones, green ones, yellow ones, home-grown and the exotic. Square, round, triangular and squiggly, they come in all shapes, sizes and flavours.
The next few days are going to be syrupy, quite literally. And, preparations in traditional households are already underfoot — extra sugar was bought beginning of the month, so was the ghee. Ditto for the saffron, cardamom and dry fruits. The big paatharams have been taken down from the lofts and boondi making ladles have been cleaned up for the act. Everyone at home is looking forward to the laddoos.
But, just so that people, who do not have enterprising ammas and paatis at home to turn out traditional sweets, do not miss out on the goodies, there are shops galore that will do the good deed.
So, what is simmering this Deepavali? "Mysurpa," comes the answer like a shot from M. Krishnan of Sri Krishna Sweets. Their flagship sweet is what sells the most and the reason is its shelf life. "We are not experimenting with anything new. The Mysurpa is tried and tested and we are responsible for it from the time it leaves our shop till it reaches the stomach of the consumer," he says. Asked about `diabetic sweets', Krishnan rubbishes the whole idea. "It is a big fraud. How can you have a sweet that is good for diabetics?" he asks.
But while a diabetic sweet may be a contradiction in terms, D. Srinivasan of Sri Annapoorna Sri Gowrishankar says: "We use oil that is low fat compared to the traditional medium of cooking. The emphasis is also on using natural food colouring and flavours as well as reducing the amount of sweet being used in each preparation. The desire is to find a healthier substitute for the traditional ingredients, since people are increasingly health conscious."
New trends
Adyar Ananda Bhavan too, has made a concession. It has fructose-added sweets like jangiri, milk halwa, paneer jamun and kalakand. "There is no added sugar in these," assures the manager, R.E. Ganesh. He says that while all sweets are bad for diabetics, the fructose ones are a little less harmful than those with sugar. The store has also introduced a lot of dry fruit sweets that seem to be in great demand.
V. Prabhu of Annalakshmi also thinks tastes have changed. "From traditional jalebis and laddoos, people now want north Indian and Bengali sweets. Kaju katli is particularly popular." And Prabhu feels the mood this year in Coimbatore is definitely upbeat with generous bonuses and good business all around.
But, for those who are not worried about sugar levels, the profile of their lipids, or themselves, there is endless possibilities. Kiran Gupta, who caters for private parties, says she has been flooded with demands for exotic fare. "Chocolates are in great demand among my clients," she says. This time, she has fashioned chocolate tarts where even the pastry shell is made of chocolate!
For Anjali, one of the iron-willed types who takes a serious view of expanding waistlines, fruit salads and fruit chats are good enough to pander to the sweet tooth, but for those made of flesh and blood, there is guilty pleasure in abandoning themselves to the calorie-laden goodies at least once a year. And, you could always make the "Diet after Deepavali" mantra your own.
Source: The Hindu
The next few days are going to be syrupy, quite literally. And, preparations in traditional households are already underfoot — extra sugar was bought beginning of the month, so was the ghee. Ditto for the saffron, cardamom and dry fruits. The big paatharams have been taken down from the lofts and boondi making ladles have been cleaned up for the act. Everyone at home is looking forward to the laddoos.
But, just so that people, who do not have enterprising ammas and paatis at home to turn out traditional sweets, do not miss out on the goodies, there are shops galore that will do the good deed.
So, what is simmering this Deepavali? "Mysurpa," comes the answer like a shot from M. Krishnan of Sri Krishna Sweets. Their flagship sweet is what sells the most and the reason is its shelf life. "We are not experimenting with anything new. The Mysurpa is tried and tested and we are responsible for it from the time it leaves our shop till it reaches the stomach of the consumer," he says. Asked about `diabetic sweets', Krishnan rubbishes the whole idea. "It is a big fraud. How can you have a sweet that is good for diabetics?" he asks.
But while a diabetic sweet may be a contradiction in terms, D. Srinivasan of Sri Annapoorna Sri Gowrishankar says: "We use oil that is low fat compared to the traditional medium of cooking. The emphasis is also on using natural food colouring and flavours as well as reducing the amount of sweet being used in each preparation. The desire is to find a healthier substitute for the traditional ingredients, since people are increasingly health conscious."
New trends
Adyar Ananda Bhavan too, has made a concession. It has fructose-added sweets like jangiri, milk halwa, paneer jamun and kalakand. "There is no added sugar in these," assures the manager, R.E. Ganesh. He says that while all sweets are bad for diabetics, the fructose ones are a little less harmful than those with sugar. The store has also introduced a lot of dry fruit sweets that seem to be in great demand.
V. Prabhu of Annalakshmi also thinks tastes have changed. "From traditional jalebis and laddoos, people now want north Indian and Bengali sweets. Kaju katli is particularly popular." And Prabhu feels the mood this year in Coimbatore is definitely upbeat with generous bonuses and good business all around.
But, for those who are not worried about sugar levels, the profile of their lipids, or themselves, there is endless possibilities. Kiran Gupta, who caters for private parties, says she has been flooded with demands for exotic fare. "Chocolates are in great demand among my clients," she says. This time, she has fashioned chocolate tarts where even the pastry shell is made of chocolate!
For Anjali, one of the iron-willed types who takes a serious view of expanding waistlines, fruit salads and fruit chats are good enough to pander to the sweet tooth, but for those made of flesh and blood, there is guilty pleasure in abandoning themselves to the calorie-laden goodies at least once a year. And, you could always make the "Diet after Deepavali" mantra your own.
Source: The Hindu
Roads may top list of priorities
As the city waits for a fresh council of the Coimbatore Corporation to assume charge, repairs to roads are set to top the list of priorities in terms of improving basic amenities. Most of the roads in the city have potholes that threaten to kill or maim vehicle users. This condition has been persisting for close to a year. But, elections, rain and contractors' refusal to work for unviable material and labour rates have delayed the works.
After the South-West Monsoon and North-East Monsoon finished battering the roads, the Assembly elections were announced in March just as the civic body planned the works. With the Model Code of Conduct in force, the corporation had to wait for the poll results.
Just as it was about to take up work after the elections, monsoon set in and prevented the repairs from taking off. And, some of the planned works were not done as contractors did not submit tenders saying that the rates offered by the Government were low compared to the high market cost of labour and construction materials.
Resentment
As the corporation struggled to convey the resentment of the councillors and contractors to the government, the condition of the roads kept worsening.
Now, in the local body elections, all the contestants have promised to work for good roads in their wards. But, with the prospects of rain again, a tough phase is ahead for the civic body. Corporation sources indicate that roads will get top priority as the civic body has already drawn up works for Rs. 25 crore.
Most of the main roads are in a bad shape. D.B. Road, a busy shopping area in R.S. Puram, is full of potholes. A dug up portion on the western section of the road (leading to Cowley Brown Road) has been haphazardly filled up with stones to avert accidents.
But, even this temporary measure had been taken only after the pit hurt two-wheeler riders and cyclists and inflicted some damage on their vehicles for a couple of days ahead of the elections.
Only the regular users of Dr. Rajendra Prasad Road (also known as 100 Feet Road) had been lucky because the road was re-laid before the elections.
A Corporation official says that works will begin after October 25. The Corporation had reached the process of finalising bids for the works when the elections to the local bodies had been announced. With the Model Code of Conduct in force from September 20, the process had to be halted. The government also raised before the announcement of elections the rates it paid for construction materials, he said.
Funds have also been allocated for works to be taken up on a priority. So, the corporation has to wait for the entire election process to be over, the official says.
Source: The Hindu
After the South-West Monsoon and North-East Monsoon finished battering the roads, the Assembly elections were announced in March just as the civic body planned the works. With the Model Code of Conduct in force, the corporation had to wait for the poll results.
Just as it was about to take up work after the elections, monsoon set in and prevented the repairs from taking off. And, some of the planned works were not done as contractors did not submit tenders saying that the rates offered by the Government were low compared to the high market cost of labour and construction materials.
Resentment
As the corporation struggled to convey the resentment of the councillors and contractors to the government, the condition of the roads kept worsening.
Now, in the local body elections, all the contestants have promised to work for good roads in their wards. But, with the prospects of rain again, a tough phase is ahead for the civic body. Corporation sources indicate that roads will get top priority as the civic body has already drawn up works for Rs. 25 crore.
Most of the main roads are in a bad shape. D.B. Road, a busy shopping area in R.S. Puram, is full of potholes. A dug up portion on the western section of the road (leading to Cowley Brown Road) has been haphazardly filled up with stones to avert accidents.
But, even this temporary measure had been taken only after the pit hurt two-wheeler riders and cyclists and inflicted some damage on their vehicles for a couple of days ahead of the elections.
Only the regular users of Dr. Rajendra Prasad Road (also known as 100 Feet Road) had been lucky because the road was re-laid before the elections.
A Corporation official says that works will begin after October 25. The Corporation had reached the process of finalising bids for the works when the elections to the local bodies had been announced. With the Model Code of Conduct in force from September 20, the process had to be halted. The government also raised before the announcement of elections the rates it paid for construction materials, he said.
Funds have also been allocated for works to be taken up on a priority. So, the corporation has to wait for the entire election process to be over, the official says.
Source: The Hindu
More Canara Bank branches in coimbatore !!!
The public sector Canara Bank has identified 38 locations in the Coimbatore circle to open more branches during this fiscal, a senior bank executive said today.
The bank has sent the proposal to RBI and was awaiting its approval, Sethupati, DGM of Coimbatore Circle, comprising six districts, told reporters here.
The circle, including Coimbatore, Erode and Nilgiris districts, would add 18 more ATMs to its existing 30 ATMs by March 2006, Sethupati said.
On the financial results for the second quarter of the current fiscal, he said the Bank has targeted a 18.74 per cent growth in global business during this financial year to reach a level of Rs 2,33,000 crore by March 2007.
This would comprise Rs 1,38,000 crore under deposits and Rs 95,000 crore under advances, he said, adding that as part of a major expansion drive, the bank has idenified 21 prominent centres for setting up branches and offices.
Source: The Hindu
The bank has sent the proposal to RBI and was awaiting its approval, Sethupati, DGM of Coimbatore Circle, comprising six districts, told reporters here.
The circle, including Coimbatore, Erode and Nilgiris districts, would add 18 more ATMs to its existing 30 ATMs by March 2006, Sethupati said.
On the financial results for the second quarter of the current fiscal, he said the Bank has targeted a 18.74 per cent growth in global business during this financial year to reach a level of Rs 2,33,000 crore by March 2007.
This would comprise Rs 1,38,000 crore under deposits and Rs 95,000 crore under advances, he said, adding that as part of a major expansion drive, the bank has idenified 21 prominent centres for setting up branches and offices.
Source: The Hindu
Sunday, October 22, 2006
Booming Job opportunities in Coimbatore
India's economic growth rate is translating in the form of a boom in the country's financial sector. This factor is bringing multinational companies and banks to the country for expanding their services.
Obviously, it means there are great job opportunities in store for youngsters who seek a career in the financial sector. The offers for the enterprising and hard working can be quite lucrative. The financial sector has a lot of new areas, making it a lucrative field for those who are interested in the subject, says K.K. Ramachandran, Director, GRD School of Commerce and International Business. "The financial sector is experiencing a boom. The requirement for skilled hands is also quite high," he adds.
Opportunities are also available in areas of finance and risk analysis. Share broking, retailing, consulting and money changing are a few other areas that offer challenging openings to aspiring candidates.
Though specific courses in finance are few, all Master of Business Administration (MBA) programmes offer finance as one of the specialisations. But, the combination of electives differs according to the choice of individual colleges. Though Equity Research and Portfolio Management, Financial Services, Strategic Cost Management and International Financial Management are some of the common ones, some others such as Mergers and Acquisitions and Global Financial Management are also offered by a few colleges.
However, for those who are looking at an in-depth course in finance, M.Com. (Finance and Control) will be an ideal choice, says Mercia Selvamalar, Head of the Department of M. Com. (Finance and Control), CMS College of Science and Commerce.
The course also does not require a background in commerce subjects.
"Any graduate who is comfortable with numbers and is ready to learn the art and science of money management can pursue it," she adds.
It deals with Capital Market, Money Market and International Finance. It also offers two modules of National Stock Exchange's Certification in Financial Management (NCFM) course, one on capital market and another on mutual funds.
The students would be provided with the study material from the NSE and the examinations could be taken online. Those who have completed the module could seek jobs as capital market advisors for investors and those who have done the module on mutual funds could get jobs in marketing and consulting services.
The course does not involve general management papers. Nehru Maha Vidyalaya College in Coimbatore and Vellalar College for Women in Erode also offer this course.
The D.J. Academy for Managerial Excellence offers a certificate course in Merchant Banking and Financial Services, an application-oriented course most often a 10 to 15-day module.
"This is to give the students something more than the curriculum," says B. Sudhakar, principal.
Source: The Hindu
Obviously, it means there are great job opportunities in store for youngsters who seek a career in the financial sector. The offers for the enterprising and hard working can be quite lucrative. The financial sector has a lot of new areas, making it a lucrative field for those who are interested in the subject, says K.K. Ramachandran, Director, GRD School of Commerce and International Business. "The financial sector is experiencing a boom. The requirement for skilled hands is also quite high," he adds.
Opportunities are also available in areas of finance and risk analysis. Share broking, retailing, consulting and money changing are a few other areas that offer challenging openings to aspiring candidates.
Though specific courses in finance are few, all Master of Business Administration (MBA) programmes offer finance as one of the specialisations. But, the combination of electives differs according to the choice of individual colleges. Though Equity Research and Portfolio Management, Financial Services, Strategic Cost Management and International Financial Management are some of the common ones, some others such as Mergers and Acquisitions and Global Financial Management are also offered by a few colleges.
However, for those who are looking at an in-depth course in finance, M.Com. (Finance and Control) will be an ideal choice, says Mercia Selvamalar, Head of the Department of M. Com. (Finance and Control), CMS College of Science and Commerce.
The course also does not require a background in commerce subjects.
"Any graduate who is comfortable with numbers and is ready to learn the art and science of money management can pursue it," she adds.
It deals with Capital Market, Money Market and International Finance. It also offers two modules of National Stock Exchange's Certification in Financial Management (NCFM) course, one on capital market and another on mutual funds.
The students would be provided with the study material from the NSE and the examinations could be taken online. Those who have completed the module could seek jobs as capital market advisors for investors and those who have done the module on mutual funds could get jobs in marketing and consulting services.
The course does not involve general management papers. Nehru Maha Vidyalaya College in Coimbatore and Vellalar College for Women in Erode also offer this course.
The D.J. Academy for Managerial Excellence offers a certificate course in Merchant Banking and Financial Services, an application-oriented course most often a 10 to 15-day module.
"This is to give the students something more than the curriculum," says B. Sudhakar, principal.
Source: The Hindu
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