Thanks to Yusuf Ali, Keralite gets freedom after 6 years


Thiruvananthapuram, June 9 | Finally, it was a much awaited and perhaps a walk to freedom by Beks Krishna, when he landed at the Cochin Airport from UAE and this was made possible by none other than billionaire businessman M.A. Yusuf Ali.

“I never expected that this day would ever dawn,” was his first statement after seeing his wife Veena and son Adwaith, who were present at the airport to receive him, when he arrived in the wee hours of Wednesday.

Krishna was in jail for the past six years in Abu Dhabi after his vehicle which he was driving, hit a Sudanese boy, who died soon after the accident happened.

Krishna was taken into custody and was sentenced to death.

“While being in jail there, I heard about six or seven instances, when similar people accused in cases like mine, where the sentence was executed. Hence I was very tensed,” said Krishna.

“But when I heard that Ali Sir had taken up my case, I regained the hope that I lost and it has now become a reality. Will always be grateful to him,” added Krishna.

Hailing from Thrissur, his relative despite several attempts to make truce with the bereaved Sudanese family, failed to make any headway.

But things started to change after they got in touch with Ali, who also hails from Thrissur and then things started to shine brightly and in January this year Ali deposited a sum of Rs one crore in the court, there.

Then it was left to the court which gave the green signal of his release and two days back he got the out pass to leave the country and on Tuesday night Krishna boarded the flight for India.

Ali has already made his intent clear after first depositing the money in the court, which will go to the Sudanese family and said Krishna can now go and be with his family for some months.

“I have offered him a job and he can return when he wants to take up the job. His life also has to move on and hence I offered him the job,” said Ali, who is the founder of the Lulu Supermarket chain.

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  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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