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SNIST in pact with US institution for aviation courses

Hyderabad, May 1 (UNI) The Sree Educational Society today announced the signing of a memorandum of understanding with Vaughn College of Aeronautics and Technology, USA, to offer internationally recognised aviation and engineering technology programmes at the Sreenidhi Institute of Science and Technology (SNIST).

Announcing this to the media here Sree Educational Society Secretary K T Mahi said the pioneering global partnership will enable SNIST to offer Bachelor of Science (BS), Associate in Applied Science(AAS) and certificate courses in multiple disciplines of aviation engineering based on curriculum developed by Vaughn.

Under the mutual agreement, Vaughn would offer 30 of the total 120 course credits while Sreenidhi will offer the balance 90.

Students have the option to take the 30 credits either at SES or at Vaughn College in the US.

Sree Educational Society and Vaughn have approached the government agencies for requisite approvals to commence the courses and are optimistic of obtaining the same in time to take off in the coming academic year (2006-07).

Mr Mani said ''Sreenidhi takes pride in being the first to offer internationally recognised courses in aviation, a sector that is booming globally and in India as well. Our partnership with Vaughn facilitates Indian students to complete the much-in-demand courses at a fraction of cost compared to doing the courses overseas.

''We are confident this irresistible combination of international recognition and affordable costs will fuel the creation of a talent pool of qualified personnel the aviation sector needs so badly.'' MORE UNI DB MP BST1845

SBI revises its PLR, domestic term deposits rate

Mumbai, Apr 29 (UNI) Premier public sector bank, State Bank of India (SBI) has revised upwards its benchmark prime lending rate (BPLR) to 10.75 per cent with effect from May 1, stated a release issued here today. SBI has also revised upwards its interest rates on domestic term deposits with effect from the same date. Accordingly, interest rates on short-term deposits of maturity between 46 days to 179 days and 180 days to less than.....

RBI announces 182-day treasury bills auction

Mumbai, Apr 29 (UNI) The Reserve Bank of India (RBI) has announced the auction of 182-day GoI treasury bills for a notified amount of Rs 1,500 crore of which Rs 500 crore will be under the regular auction calendar, while Rs 1,000 crore will be under the market stabilisation scheme (MSS), stated a release issued here today. The auction will be conducted on May 3, using the multiple price auction method. According to the release,.....

Kalpana Morparia becomes Joint MD of ICICI Bank

Mumbai, Apr 29 (UNI) The Board of Directors of ICICI Bank Limited at its meeting today elevated Ms Kalpana Morparia, Deputy Managing Director to the position of Joint Managing Director of the Bank. The Board also elevated Ms Chanda Kochhar and Dr Nachiket Mor, from Executive Directors, to Deputy Managing Directors. UNI GC KU SKB1522.....
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