Choksi may have taken his girlfriend to Dominica, claims Antigua PM

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New Delhi, May 31 | Even as a court in Dominica is scheduled to hear the matter of fugitive diamantaire Mehul Choksi on Wednesday after he was caught from the Caribbean island nation on May 26, the Prime Minister of Antigua and Barbuda, Gaston Browne, has claimed that Choksi may have taken his girlfriend to Dominica on a romantic trip before getting caught.

“Mehul Choksi made a mistake and the information we are getting is that Choksi travelled with his girlfriend, but he was caught in Dominica and now he can be deported back to India,” Browne reportedly told a local radio station, as reported by the Antigua News Roon.

Choksi, who has been staying in in Antigua and Barbuda since 2018 after taking citizenship in 2017 under the Citizenship by Investment programme, reportedly fled to Dominica on May 23 before being caught on May 26.

It is speculated that Choksi was going for dinner with his girlfriend when he was nabbed.

A Dominican court had restrained the deportation of Choksi on Friday till June 2 while hearing a habeas corpus plea filed by his lawyers.

His lawyer Vijay Agarwal had earlier told IANS that Choksi was forced to get into a vessel from Antigua and was taken to Dominica. He also claimed that there were marks on Choksi’s body, implying the use of force.

“There is something fishy and I guess it was a strategy to take him to another place so that there are chances of sending him back to India. So I don’t know what forces are operating. The time will tell,” he had said.

However, Antigua Police Commissioner Atlee Rodney had rubbished the claims of Choksi’s counsel, saying that they have no information of Choksi being forcefully removed.

On Saturday, Gaston Browne had also confirmed that a private jet had landed in Dominica with certain documents related to his case.

Choksi, who is wanted in India by the CBI and the ED in the Rs 13,500 crore PNB loan fraud case, went missing from Antigua and Barbuda on May 23, sparking a massive manhunt. He was captured in Dominica last Wednesday.

On Saturday, several pictures of Choksi emerged online, showing him with swollen eyes and bruises on his arms.

The CBI and the ED, which have filed separate chargesheets in the case, are trying for his extradition.

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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