Ahmedabad Crime Branch investigating investors application against media reports on Adani

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Gandhinagar, Oct 21 | The Ahmedabad police’s Crime Branch, looking into an application filed by three stock investors claiming misleading news reports on Adani Group led to a huge loss on their investment and alleging a conspiracy behind it, has summoned four journalists from two media houses, including an editor.

Certain investors from Ahmedabad filed an application before the Crime Branch alleging a nationwide conspiracy to cheat investors of the country by publishing misleading and untrue and unverified story about suspicious shareholding of FPIs in the Adani Group.

“Under the provisions of Section 160 of the CRPC, the investigation officer can issue summons and in that context, we summoned the anchor of the a leading news channel as well as three journalists of a leading financial newspaper, including an editor, regarding the application filed by three Ahmedabad investors who claimed to have been inflicted with a huge loss due to the misleading news stories regarding Adani Group,” Investigation Officer, Police Inspector Nikhil Brahmbhatt of Ahmedabad Crime Branch told IANS.

“The Crime Branch has recorded the statements of all the four journalists as well as stock exchange official regarding the application. We are looking into the application and investigating whether a conspiracy was hatched by the TV media outlets with clear intentions and other concerns related to it. If the ACB finds any merit to the claims made in the application, then we’ll be filing a formal complaint against the media outlets,” he added.

The application was filed based on news item broadcast on the above subject by the channel as well as the newspaper, said police. According to the application, there seemed to be a conspiracy being hatched against the investors of the country by broadcasting “misleading and unverified news” on that day.

The application said that the shares of Adani Group of companies fell drastically, thereby causing loss to the investors. Certain investors from Ahmedabad suffered huge monetary loss due to such “misleading campaign” carried out by the news channel, the plea said.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal Campusutra.com  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal

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