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IMC to bring industry, academicians and FIS together

Mumbai, July 18 (UNI) The Indian Merchants' Chamber (IMC) has decided to act as a facilitator to bring together the industry, academicians, training institutes and financial intermediaries.

Addressing a select gathering in the Jamshed Bhabha Theatre, NCPA, after inauguration of the centenary celebrations of the IMC here this evening, its president, Nayan Patel, said that the theme of the celebration was 'Education:Empowering the youth'.

Referring the President, Dr APJ Abdul Kalam who inaugurated the programme in a glittering function here today, he said that 'Educational system in India should give the youth the freedom to achieve and in doing so should guide them accordingly'.

Talking about the features of the programme, Mr Patel said that the IMC along with industry, academicans and the training institutes will decide on the curriculum and methodology for training and duration of the training period.

The IMC would carry out the set system's constant monitoring and periodic revision anticipating the global market needs. Finally, the IMC jointly with the partner corporate, will evaluate and accredit successful students, he added. Also, the IMC would facilitate financing in the form of seed capital through banks and financial institutions. Thus the IMC model comprises mentoring, advisory and networking facilitation, he added.

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Suzlon plans Rs 1500 cr investment to set up mfg plants

Mumbai, July 18 (UNI) Suzlon Energy, a leading power company has announced a Rs 1500 crore investment plan to set up integrated manufacturing facilities in India to cater to increasing export market share and demand. The proposed facilities are planned at strategic locations close to the ports for manufacturing of wind turbines with aggregate capacity of 1,500 MW and Vertical integration through Foundry, Forging and Machining unit (FFM), said a Suzlon press release.....

Reliance Capital ropes in Global CIO of Genpact

Mumbai, July 18 (UNI) Mr Sandeep Phanasgaonkar is joining Reliance Capital Ltd., part of the Reliance -Anil Dhirubhai Ambani Group, as President and Chief Technology Officer. He will be responsible for information technology and systems for all financial businesses under Reliance Capital, including Mutual Funds, Life and General Insurance, Stock Broking, Consumer Finance, etc, said an official press release here. Mr Phanasgaonkar has been with Genpact (formerly GE Capital International Services) as.....

ANG Auto forges strategic alliance with Ashok Leyland

Mumbai, July 18 (UNI) ANG Auto Tech Pvt Ltd, a subsidiary of ANG Auto Ltd, has entered into a strategic tie-up with Ashok Leyland, the flagship of the Hinduja Group in India, for the manufacture and supply of tractor-trailers for a initial period of five years to be renewed with mutual consent, for a value between Rs 1500 crore- Rs 1800 crore. Under this agreement, ANG Auto Tech (P) Ltd is setting up a capacity of.....
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