20, Dec 2024
IIM Raipur Hosts IFC 2024: Engaging Finance Pioneers Across Globe

Mumbai, 20th December 2024: Indian Institute of Management (IIM) Raipur, a leading institution recognized for #BuildingBusinessOwners, is proud to host the India Finance Conference (IFC) 2024 jointly organized by the IIM Calcutta, IIM Bangalore and IIM Ahmedabad. Scheduled from December 19 to December 21, 2024, the conference has brought together experts and thought finance leaders to foster insightful discussions and knowledge exchange.

L-R-L-R-Prof. Ram Kumar Kakani, Akshay Sahni, Professor Yakov Amihud,Dr. Ajay Pandey

 The first day of conference was graced by chief guest Akshay Sahni, Ex. Managing Director, Head of APAC Cash Equities & ECM Trading & Co-Head of Equity Derivatives Trading, Goldman Sachs, Hong Kong and Keynote speaker Professor Yakov Amihud, Ira Rennert Professor of Entrepreneurial Finance at the Stern School of Business, New York University.

 Welcoming all the distinguished participants, Prof. Ram Kumar Kakani, Director, IIM Raipur, said, “The presence of distinguished leaders and visionaries represents the significance of IFC 2024 for IIM Raipur as we continue to foster discussions and knowledge sharing that inspires future finance leaders. The world of finance continues to evolve, exploring diverse dimensions. Today, we navigate both contemporary topics and emerging trends shaping the future of the industry.” Sharing his knowledge on the topic he further added, “The maximum amount of development that has happened is during the decades of 1950 to 2000s wherein we had the Black Scholes, CAPM and the existing liquidity measures. When it comes to things related to time as a dimension, size as a dimension, governance as a dimension, ownership of firms as a dimension, we believe there is lot of scope to contribute, and new instruments come can come and conceptual finance can in some sense adapt itself.”

 Addressing the gathering, the chief guest Sahni shared, “We should be grateful to all our teachers and professors, it’s not always the classroom but, what we learn from them that always stays with us for the rest of our lives. The biggest carnages come from the biggest leverage positions; this is what causes ruin. If you can prepare for that and look out for signs, it’s always a good advice in the world of investing and finance. Trading and capital markets, no matter how much analysis you do, is always a game of probabilities and you can never be certain about the outcome.” He also advised the students that, “There is no point trying to meddle around with a small indecisive position with less conviction. Do your homework and when you see an opportunity, you really got to go for it”.

 Prior to the main event, IIM Raipur also hosted pre-conference tutorials on 18th December 2024. The tutorials were centred on insightful topics including Experimental Research in Finance: The Way Forward, Managing high-frequency data, Research issues in Real Estate, and A case study on the impact of Finance analytics.

 Featuring two plenary sessions, the conference covers absorbing topics including “Corporate resiliency and the choice between financial and operational hedging” and “A Nudge to Female Home Ownership and Mortgage Market Outcomes”. In addition, the gathering will also engage in five concurrent brainstorming sessions, each divided in various tasks and presided over by dignitaries from various prestigious institutions from around the world.

 Highlight of this colloquium, are the three intriguing industry panel sessions, with experts from various domains. Panel Discussion1 was held on “Climate Finance.” Session 2 & 3 to be held on 20th-21st December 2024, will revolve around “Impact of Regulatory Changes on Indian Financial Markets” and “Role of fintech, digital finance, and AI in Transforming Indian Banking and Financial Landscape” respectively.

 The three-day event also features an Indian Finance Association annual meeting, a dazzling gala dinner, and an enchanting cultural evening, offering attendees a perfect blend of intellectual engagement and memorable entertainment.
The conference is being organized in collaboration with Motilal Oswal and participated by NSE, BlackRock, Fractal, MCX, RelantoAI and CareerTopper.

20, Dec 2024
Early Career Academics Colloquium 2024: MDI Gurgaon Explores Sustainable Solutions for Business and Society

India 20th December, 2024: Management Development Institute (MDI) Gurgaon, in collaboration with The Teaching Learning Centre (TLC) and the Indian Academy of Management (INDAM), successfully inaugurated their highly anticipated Doctoral and Early Career Academics (ECA) Colloquium & Conference on December 19, 2024. The theme of the event was “Sustainability in Emerging Economies: Integrating Business Excellence in Management Education.” This invited scholars, researchers, and educators nationwide to seek innovative approaches for embedding sustainability in management education. With 140 registrations, the conference demonstrated high interest and engagement with participation from high reputed Institutes/Universities like IIT Delhi, IIT Roorkee, IIFT, IIM Indore, IIM Lucknow, IIT Patna, MDI Gurgaon, University of Auckland (Australia), University of Leeds (England), BITS Pilani (Dubai), Skyline University College (Sharjah), École des Dirigeants et des Créateurs d’entreprise (Paris), Universidad de Los Andes (Colombia), Durham University (England), Wrexham University (England), GE Energy (Vernova), XLRI (Jamshedpur).

The first day of the Doctoral and Early Career Academics (ECA) Colloquium & Conference commenced with a warm welcome and registration as participants from across India and beyond gathered at the Athena Banquet Hall, The Pllazio Hotel. The ceremonial lamp lighting marked the official inauguration of the event, followed by inspiring speeches from distinguished dignitaries, including Prof. Arvind Sahay, Director, MDI Gurgaon; Prof. Sumit Kundu, President-INDAM and Professor of International Business, Florida International University; Prof. Pawan S. Budhwar, Associate Deputy Vice Chancellor, Aston University, UK; and Prof. Jyotsna Bhatnagar, Dean Research, MDI Gurgaon.

During his keynote address, Prof. Arvind Sahay, Director of MDI Gurgaon, emphasised the importance of impactful research. He remarked, “Prioritise your passion in research while ensuring its relevance and impact, particularly regarding sustainability in emerging economies, where enhancing quality of life must accompany environmental initiatives. Engage with practitioners and communities to address real-world challenges effectively.”

Prof. Sumit Kundu, president of INDAM and Professor of International Business at Florida International University, emphasised the need for innovative research and teaching in global strategy. He said, “To address today’s challenges, we must adopt proactive methods in research and teaching, focusing on creating market leaders. Equally important is prioritising students’ mental wellness, a global concern transcending regions from Asia to Latin America. Integrating climate change and evolving business models into our strategies is critical as we navigate these complexities.”

Prof. Pawan S. Budhwar, Associate Deputy Vice Chancellor, Aston University, UK, urged doctoral students to pursue meaningful research, saying, “Your PhD years are a chance to address significant global challenges like sustainability. Go beyond short-term goals and embrace interdisciplinary collaboration to create real impact. Environmental issues demand urgent attention, and researchers in India are uniquely positioned to lead solutions.”

Prof. Jyotsna Bhatnagar, Dean of Research, MDI Gurgaon, highlighted the importance of involving early-career academics in sustainability. She said, “Involving young researchers in the sustainability dialogue is essential, particularly in emerging economies where the effects of climate change are deeply felt. Through interdisciplinary collaboration and diverse perspectives, we can create well-rounded strategies to tackle the urgent challenges of sustainability effectively.”

The morning progressed with an expert panel discussion on the theme, “Sustainability—SDG Goals: Discoveries and Challenges—Way Forward.” Moderated by Prof. Prajapati Trivedi, Commonwealth Secretary General’s Special Envoy for SDG Implementation and Distinguished Professor at MDI Gurgaon, the panel featured eminent speakers such as Ms. Shubhi Kesarwani, CEO, Gurujal and Mr. Ankit Agarwal, Founder-CEO, Phool.co. The discussion explored innovative strategies for implementing the United Nations’ Sustainable Development Goals (SDGs) in governance, business, and education.

Prof. Prajapati Trivedi emphasised the importance of aligning research with real-world impact. He stated, “A good idea attracts financial backing, as funding reflects its relevance and potential for implementation. Researchers should focus on areas with market demand and financial support rather than pursuing academic interests without practical applications.”

A key highlight of the day was the Interactive CESIM Simulation Workshop, moderated by Prof. Ritu Srivastava, Faculty Member, MDI Gurgaon, along with Rohan Jugran, Head of Customer Success, CESIM, and Abdul Baji, Growth & Product Head, CESIM. This engaging session provided participants with hands-on experience in fostering critical thinking and practical application of sustainability principles through advanced learning simulations, offering valuable insights into achieving excellence in classroom instruction.

Speaking at the Industry Panel on Risk Management and Sustainability, Mr. Mayank Bansal, Senior Investment Professional (IFC), Mr. Sunder Krishnan (Ex-CRO, LIC), and Mr. Baran Guntupalli (CRO & Head of Risk, NaBFID), moderated by Prof. Ruchi Agarwal, Faculty Member, MDI Gurgaon emphasised the strategic importance of integrating sustainability into risk management frameworks. They noted, “In today’s uncertain world, aligning risk management with sustainability is vital for building resilient and future-ready organisations.”

In the Master Class on Case Methods for Active Learning, Prof. David Wood, Professor & Executive Director, Ivey Publishing, Ivey School of Business, Canada highlighted the power of experiential learning. “The case method equips participants with critical thinking and decision-making skills to address real-world challenges, particularly in dynamic sectors like banking and finance,” he stated, underscoring its role in shaping adaptive and innovative leaders.

Participants enjoyed networking and engagement opportunities during tea breaks and a networking lunch, facilitating meaningful interactions and collaboration. The afternoon was dedicated to conference paper presentations, where scholars and early-career academics showcased their research across parallel tracks. Key topics included green finance, sustainability-driven digital transformation, and the intersection of technology and sustainability, providing fresh perspectives on advancing sustainable practices in business and academia.

20, Dec 2024
Sightsavers India partners for Jeevan Jyoti Project to Bring Eye Care to Alwar’s Rural Communities

Alwar, Rajasthan, 20 December 2024: District Medical and Health Department, Alwar, Rajasthan Metso Outotec India Private Limited and Sightsavers India have come together to launch the ‘Jeevan Jyoti’ project, aimed at reducing avoidable blindness in Alwar District, Rajasthan. This initiative, implemented under Sightsavers India’s Rural Eye Health Programme, is supported by Metso’s Corporate Social Responsibility (CSR) and in partnership with the Government of Rajasthan. The formalization of this partnership was marked by the signing of a Memorandum of Understanding (MoU) at a ceremony in Alwar, outlining the shared commitment to improving local healthcare infrastructure.

This tripartite agreement represents a significant step towards improving eye health services for the underserved communities of Alwar. The event was attended by key dignitaries from the government including Dr Artika Shukla, the District Collector of Alwar district, Dr Yogendra Sharma, the Chief Medical & Health Officer, of Alwar district and Dr Sunil Chauhan, Principle Medical Officer of the District Hospital of Alwar. From Metso Outotec India Private Limited, Mr Sunil Maheshwari, Managing Director and Mr Somesh Parasar, CSR Administrator, Mr Prasannakumar, Senior Director Programmes, Sightsavers India, Ms Tushita Mukherjee, Senior Project Officer, Rajasthan, Sightsavers India were present at the signing event

metso press release (1)

Mr Sunil Maheshwari, AMD, Metso Outotec India Private Limited, shared his enthusiasm for the project, noting: “Metso is proud to support ‘Jeevan Jyoti Project’ as part of the CSR Initiative to make a meaningful impact in the communities where we operate. The opportunity to partner with Sightsavers India and the Government of Rajasthan allows us to contribute to a cause that directly improves people’s quality of life. We believe that this project will bring sustainable eye care solutions to the people of Alwar, helping to eliminate avoidable blindness and strengthen local health infrastructure.”

The ‘Jeevan Jyoti’ initiative will focus on decentralizing eye care by upgrading two vision centres in CHCs located in Laxmangarh and Ramgarh blocks. These centres will be equipped with essential tools and staffed by trained optometrists to ensure local access to screenings, cataract diagnoses, and referrals for surgeries. Door-to-door screenings will be conducted to identify cataract cases early and ensure timely intervention, with support from Accredited Social Health Activists (ASHA) and Community Health Workers. A health counselling desk has also been established to guide cataract patients through pre-and post-surgery care.

Dr Yogendra Kumar Sharma, Chief Medical and Health Officer, Alwar added: “We are delighted to partner with Sightsavers India and Metso in this vital initiative. The ‘Jeevan Jyoti’ project reflects our shared vision of improving access to healthcare services in rural areas, especially for the underprivileged. By upgrading vision centres and conducting door-to-door screenings, this project will ensure that timely and quality eye care is available to everyone in the district. The government is fully committed to supporting this collaboration for the well-being of our communities.”

RN Mohanty, CEO of Sightsavers India, emphasized the importance of the collaboration, saying:

“The launch of ‘Jeevan Jyoti’ represents our commitment to transforming the eye care landscape in Alwar. By working closely with Metso and the District Medical and Health Department of Alwar, we can bring essential eye care services directly to communities that have limited access. This initiative is about building lasting trust in public health systems and

empowering local communities to prioritize eye health. We are proud to play a role in improving lives and building sustainable healthcare infrastructure in the region.”

The project also emphasizes community engagement by training members of Panchayati Raj Institutions (PRIs) and Self-Help Groups (SHGs) on eye health. This will raise awareness at the grassroots level and encourage community involvement in the initiative. The ‘Jeevan Jyoti’ project is set to have a transformative impact on the eye health landscape in Alwar District. With strong partnerships in place, the project is poised to create lasting improvements in the region’s eye care infrastructure and health outcomes.

20, Dec 2024
MTAR bags Rs. 226 Crs of orders in Clean Energy and Aerospace segments

Hyderabad, 20 December 2024:

 MTAR Technologies Ltd has received Rs. 226 Crs of orders in Clean Energy and Aerospace segments. This includes Rs. 191 Crs of orders for various products from Bloom Energy in Clean Energy sector and Rs. 35 Crs of orders from reputed customers in Aerospace including Rafael, IMI Systems, and IAI. Furthermore, Rs. 225 Crs of orders are expected to be executed within one year and balance orders shall be executed by April 2026. The order value reflects the Company’s increasing market share in Clean Energy and Aerospace sectors.

 Commenting on the orders, Mr. Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies Ltd, said, “We are optimistic about growth in Clean Energy and Aerospace verticals. The Company is expecting significant orders in both the segments going forward.”

20, Dec 2024
National Skill Development Corporation recognized as Best Brands in 2024

Mumbai,20th December 2024: National Skill Development Corporation (NSDC) was honored as one of the Best Brands of 2024 at a prestigious event in Mumbai on Thursday. The award ceremony, themed “Vision to Impact: The Best Brands of Tomorrow,” celebrated NSDC’s remarkable legacy, its transformative role, and the significant contributions it has made to strengthening India’s skill ecosystem.

The 7th edition of the ET NOW annual awards event was graced by distinguished leaders from across various industries across India. NSDC was further acknowledged for its progressive initiatives, influential social media presence, and innovative marketing strategies, which have inspired industry leaders and garnered admiration from global brands and media houses.

Ved Mani Tiwari, CEO NSDC and MD NSDC International said, “NSDC being recognised as one of the ‘Best Brands’ is a testament to the dedication and hard work of our entire team. Over the years, we have built a brand that stands for empowerment and innovation in skill development. Our commitment to revolutionizing India’s workforce has led us to forge strong partnerships with both government and private sector players, as well as major national and international brands. Today, we are proud to collaborate with countries across the globe, sharing our expertise and learning from diverse cultures. This recognition inspires us to continue our mission of equipping individuals with the skills they need to thrive in a rapidly changing global economy.”

NSDC’s impact on India’s skill development ecosystem has been significant, with over 40.19 million candidates trained, including 18 million women and 12.9 million from disadvantaged groups. Through its 40,000+ training centers across 750 districts, NSDC has created a lasting legacy of empowerment, placing 9.4 million candidates in jobs. Its digital initiatives, including the Skill India Digital Hub, are reshaping how skills are acquired, with AI and ML-powered tools offering personalized learning experiences. Globally, NSDC has partnered with 22 countries, deploying over 66,250 candidates and verifying 33,640 skills internationally. With a forward-looking vision and strong global partnerships, NSDC continues to position itself as a leader in shaping India’s future workforce.

20, Dec 2024
WorkIndia Report Highlights Gender-Specific Trends in Blue-Collar Workforce for 2024 – Telecalling for Women, Delivery for Men

National, 20th December 2024 – WorkIndia, a leading platform in tech-enabled hiring solutions, has unveiled the annual data on job postings, offering a comprehensive analysis of sector specific trends, candidate preferences and recruitment activities across India. According to 25,000,000 job postings between January and December 2024, Delhi emerged as the city with the highest number of opportunities, accounting for an impressive 420,083 listings. Meanwhile, tele-calling stood out as the leading sector with 270,526 postings.

The data reveals interesting demographic and sector-wise trends, with delivery jobs topping the charts for postings that prefer male candidates, while telecalling emerged as the sector with the highest preference for women.

Among job titles, field sales executive recorded the highest demand, with 50,690 postings, highlighting its critical role across industries. The report also noted that twelfth-grade qualification remains the most preferred by employers, emphasizing its value in the job market.

The report also provided an insight into the interaction between candidates and recruiters. During the year, 17,673,568 WhatsApp messages were exchanged, while 25,729,120 calls were made from the candidate’s end, highlighting the active communication between both parties. Candidates submitted an impressive 29,592,283 job applications, with back-office roles leading in job view. The back-office sector scored high in fresher engagement, with 5,827,713 applications. These metrics showcase the immense popularity and demand for back-office positions across the country.

The report further analysed candidate behaviour within the first 30 days of registration, revealing that the average call duration is 5.9 minutes, while candidates made an average of three calls and sent approximately 4 WhatsApp messages during the same period. On average, candidates viewed 5 job postings and applied for three positions within 30 days, reflecting high levels of engagement with available opportunities.

Commenting on the findings, Mr. Nilesh Dungarwal, Co-Founder and CEO, WorkIndia said, “The latest data highlights the evolving dynamics of India’s job market, where certain roles attract varying levels of interest across demographics. Tele-calling sees higher participation from women, while delivery roles have a stronger male presence—reflecting the specific needs and opportunities within these industries. Freshers are finding their footing in the back-office sector, which leads in both job postings and engagement metrics. These insights underscore the growing demand for tailored talent solutions, and we are committed to bridging the gap between candidates and recruiters with data-driven hiring strategies.”

WorkIndia’s report sheds light on the evolving preferences in India’s job market, showcasing the growth in specific sectors and the increasing emphasis on connecting candidates and recruiters through innovative, technology-driven platforms.

20, Dec 2024
Noida’s Uptown Mall Becomes Ultimate Christmas Destination with ‘Christmas Cantata’ Live Performance & Exciting Contests

Noida, 20th December 2024: Uptown by Advant Mall in Noida, Sector 142, is all set to bring the holiday cheer to life with its Grand Christmas Carnival on December 24 and 25, 2024. This two-day extravaganza promises an unforgettable celebration of joy, artistry, and holiday cheer for families, friends, and everyone looking to soak in the festive spirit.

The carnival’s highlight is the enchanting performance by ‘Christmas Cantata,’ the celebrated band from the International Youth Fellowship. Known for their soulful renditions and captivating stage presence, the band will perform live on December 24 from 6 PM to 9 PM. Their festive melodies are sure to set the perfect tone for the holiday celebrations. To add to the merriment, a friendly Snowman will be present to greet visitors and create picture-perfect moments for families from 5 PM to 9 PM.

Uptown by Advant Mall, Noida (2)

On Christmas Day, the celebrations will reach their peak with a special appearance by Santa Claus. From 5 PM to 9 PM on December 25, Santa will delight children and adults alike, spreading joy, sharing surprises, and making holiday wishes come true. Visitors can also unleash their creativity and immerse themselves in the festive spirit with interactive workshops like Christmas Tattoo Art and Accessories Making. These engaging sessions provide a fun and hands-on way for participants of all ages to celebrate the season while crafting unique keepsakes to cherish.

Adding a touch of excitement, Uptown Mall has launched the #XmasAtUptown Contest, giving visitors the chance to win amazing prizes. The contest includes two thrilling challenges:

Photo Contest: Take a selfie against Uptown Mall’s enchanting Christmas-themed decor, tag two friends, and share it on Instagram or Facebook stories using #XmasAtUptown while tagging the mall’s official page. The best entry will win a ₹5000 voucher redeemable at Punjab Club.

 Festive Outfit Challenge: Dress in your best holiday attire to win ₹2500 vouchers, one each for the most festive male and female outfits, redeemable at The Chocolate Room or Alma Cafe Bakery.

 Expressing excitement about the event, Mr. Kamal Batra, Director from Uptown by Advant, said, “We are thrilled to host the Grand Christmas Carnival and bring a unique festive experience to our visitors. With the mesmerizing performance by ‘Christmas Cantata,’ exciting activities, and delightful contests, Uptown Mall is the perfect place to celebrate Christmas this year. We look forward to welcoming families and friends to create cherished memories together.”

Located at the Advant Building in Noida, Uptown Mall is known for its vibrant mix of restaurants, clubs, salons, and entertainment spaces. With this festive carnival, the mall reaffirms its commitment to being a hub of joy, fun, and community engagement.

Join us at Uptown Mall this Christmas for a festive experience like no other. From live music and creative workshops to exciting contests, there’s something for everyone. Don’t miss the chance to make this holiday season truly magical!

20, Dec 2024
GrainsWorld Conference 2024: Strengthening Global Collaboration and Resilience in the Grains Sector

New Delhi, 20th December 2024: The Grains World Conference 2024 commenced with a grand opening ceremony, where an esteemed panel of dignitaries symbolized hope and collaboration in the global grains sector through the ceremonial lighting of the lamp. Distinguished representatives from various countries and organizations gathered to mark the beginning of this key global agricultural event.

The conference was officially inaugurated by a distinguished panel of leaders, including H.E. Mariano Agustin Caucino (Ambassador of Argentina), Mr. Marcelo Schunn Diniz Junqueira (Vice President, SRB), Shri Pasha Patel (Former Member of Maharashtra Legislative Council), Ms. Ariana Guedesde Oliveira (Foreign Affairs Advisor for the State of Mato Grosso to Asia), Mr. Deepak Pareek (Convenor, GGPC), and Mr. Ashwani Bakshi (CEO, ICFA).
The dignitaries emphasized the importance of building resilient agricultural systems, fostering international trade, and ensuring food security amidst challenges like climate change, geopolitical tensions, and market volatility.

grains

The first day of the conference featured a series of engaging discussions, panels, and networking opportunities addressing key global agricultural challenges and opportunities. Experts discussed critical issues affecting the agriculture and grains market, including the urgent need for government intervention to improve market liquidity, the role of modern technologies like remote sensing to tackle data gaps, and the impact of logistics and currency depreciation on price volatility.

Panelists also highlighted the challenges small landholdings present to food security, and the urgent need to balance land scarcity with increasing yields. Insights into global food assistance programs and the role of surplus nations in ensuring food security were also shared by Shri Siraj Hussain, Former Secretary, Department of Food and Public Distribution and Ms. Shweta Saini, Acrus Policy Research. On the other hand, Mr. Arvind Betigeri from the United Nations World Food Programme highlighted successful food assistance efforts.

Delegates discussed India’s achievements in agricultural production and the road ahead for global trade participation. Experts like Mr. Arnaud Petit, International Grains Council, discussed India’s standing in the global market, and Dr. Azam Pasha, Maalexi, called for improved logistics and financial ecosystems for export hubs. Mr. John Mulongoti, Permanent Secretary from Zambia, noted the country’s leadership in seed production and intra-African trade.

The role of digitalization in agriculture was also discussed, focusing on how AI, drones, and remote sensing technologies can help farmers increase productivity, reduce inefficiencies in the supply chain, and promote more effective decision-making in agricultural practices.

In a high-level roundtable, industry leaders and policymakers explored ways to enhance collaboration between governments and the private sector to create more efficient and sustainable agricultural ecosystems.

The day wrapped up with a prestigious award ceremony that recognized outstanding contributions to the agricultural sector. Awards were presented to organizations and individuals who have demonstrated leadership, innovation, and a commitment to advancing sustainable and inclusive agricultural practices.

20, Dec 2024
MIT Bengaluru Hosts HACKNOVA 2024: A Premier Cybersecurity Challenge and Innovation Hub

Bengaluru, 20 December 2024: The Manipal Institute of Technology (MIT), Bengaluru, in collaboration with Manipal Institute of Technology, Manipal, Dr. TMA Pai Endowment Chair, Manipal Academy of Higher Education (MAHE) which is sponsored by Schneider Electric, successfully organized HACKNOVA 2024, a 48-hour Cybersecurity Capture the Flag (CTF) Challenge. Held from December 16-18, 2024, at the MIT Bengaluru Campus, the event, powered by the Institution’s Innovation Council (MAHE) and hosted by the MITB ACM Student Chapter, brought together more than 40 teams from across India to compete in a landmark initiative promoting innovation in cybersecurity.

The event began with a welcome address by Dr. Dayananda P, Professor and Head of the Department of IT, followed by the lighting of the lamp. Dr. Manohara Pai M M, Senior Professor from MIT Manipal, introduced the significance of HACKNOVA 2024.

Dr. Shreyas J, Convenor of HACKNOVA 2024 and Assistant Professor, Department of IT, MIT Bengaluru, introduced the Chief Guest, Brahmanand Basavachari, R&D Head – Digital Factory Automation Control, Schneider Electric. In his address, the Chief Guest emphasized the role of competitive platforms like HACKNOVA in fostering innovation and developing real-world problem-solving skills.

mit

The ceremony also featured a Presidential Address by Dr. Iven Jose, Director, MIT Bengaluru, and special addresses by Guests of Honour Dr. Raghavendra Prabhu P (Deputy Registrar, MAHE Bengaluru) and Prof. (Dr.) Madhu Veeraraghavan (Pro Vice Chancellor, MAHE Bengaluru); Dr. Manohara Pai MM, Senior Professor and Dr. TMA Pai Endowment Chair, MIT Manipal.

The event concluded with a vote of thanks by Dr. Gururaj H L, Co-Convenor of HACKNOVA 2024, acknowledging the efforts of the organizing team and participants.

HACKNOVA 2024 serves as a dynamic platform for participants to showcase their cybersecurity skills, tackle real-world challenges, and promote collaboration and innovation in the field of technology.

HACKNOVA 2024 featured 48-hour CTF Challenge that tested participants’ expertise in cryptography, reverse engineering, and penetration testing, and a 24-hour Mini Hackathon that encouraged students to devise creative solutions to contemporary technological challenges. Both events drew significant attention and competition, with participants benefiting from hands-on experiences and expert mentorship.

The CTF Challenge culminated in three winning teams:

  • First Place: Team comprising Sumedh Kashyap, Debashish Tripathy, and Archit Chadalawada
  • Second Place: Team led by Dev Kothari, alongside Shashank Pandey and Vishal Bharat
  • Third Place: Team featuring Ritu Raj and Aastha Sinha

The total prize pool of ₹1 Lakh was distributed among the top-performing teams, recognizing their outstanding problem-solving skills and innovative solutions. The judging panel, comprising industry experts from Schneider Electric—Mr. Manoj Kumar (Project Manager), Mr. Ravikant Kulkarni (Senior Pen Test Engineer), and Mr. Mohan Singh (Security Architect)—played a vital role in evaluating the participants’ efforts and providing valuable insights.

Reflecting on the event, Dr. Iven Jose, Director of MIT Bengaluru, remarked, “HACKNOVA 2024 is a testament to our institution’s dedication to fostering innovation and advancing education in emerging fields. This platform not only empowers students but also strengthens our collaboration with industry leaders like Schneider Electric.” He further added, “We are proud to witness such exceptional talent and enthusiasm, which reinforces our commitment to nurturing the next generation of cybersecurity experts.”

The seamless execution of HACKNOVA 2024 was made possible through the dedicated efforts of faculty convenors Dr. Gururaj HL, Dr. Shreyas J, and Dr. Sumanth V, along with the MITB ACM Student Chapter and the support of the Department of Information Technology, MIT Bengaluru. The Dr. TMA Pai Endowment Chair for Intelligent Technologies further enriched the event with its backing.

Participants lauded the event for its enriching challenges, exceptional organization, and networking opportunities. The provision of food, accommodation, and midnight snacks contributed to a comfortable and engaging experience, ensuring high levels of participation and enthusiasm. HACKNOVA 2024 reaffirmed MIT Bengaluru’s leadership in advancing education and innovation in cybersecurity.

20, Dec 2024
Saviynt University Empowers 250+ IAM Practitioners in India, Accelerating Time-to-Value for Partners

Bangalore, (20 December 2024) — Saviynt, a leading provider of cloud-native identity and governance platform solutions, has taken a significant step towards addressing the global skills gap in cybersecurity. Through its Saviynt University workshops held across two major locations in India, the company successfully trained over 250 Identity and Access Management (IAM) practitioners from 25+ global partner teams. These comprehensive 8 to 10-hour workshops focused on Saviynt’s Time-to-Value (TTV) offerings, equipping participants with tools to accelerate deployment and maximize ROI for customers leveraging Saviynt solutions.

According to the ISC Cybersecurity Workforce Study, the global cybersecurity workforce gap has grown to over 3.4 million professionals. In India, this shortage is even more pronounced, with organizations struggling to find and retain talent equipped to manage identity governance and cybersecurity challenges.

“Our mission is to empower organizations with faster and smarter identity solutions,” said Suraj Krishnaiah, VP – Enablement and Solutions, Saviynt. “Through these workshops, we are enabling our partners to implement Saviynt solutions more effectively and ensuring that our customers experience unparalleled speed in realizing the value of their investment. No other solution in the market comes close to the Time-to-Value Saviynt provides.”

The workshops highlighted critical delivery aspects of Identity Governance and Administration (IGA), while delving deeper on Saviynt TTV implementation methodology, and featured hands-on TTV simulation exercises. Participants, including members of the Saviynt partner community, augmented Saviynt TTV expertise to their existing IAM capabilities.

“India’s shortage of skilled cybersecurity professionals underscores the urgent need for programs like Saviynt University,” said Sapna Nair, General Manager, Saviynt India. “By empowering our customers, partners, and employees with deep technical expertise in Saviynt products, we are fostering a new wave of talent poised to deliver exceptional service. This initiative contributes to a safer and more efficient digital landscape.”

Building on this success, Saviynt is expanding its global training initiative with workshops planned across the United States, Europe, the Middle East, Africa (EMEA), and Asia-Pacific (APJ) regions. These workshops will kick off in November and conclude by the end of H1 2025, reiterating Saviynt’s commitment to fostering a global community of skilled IAM professionals.

Saviynt’s dedication to bridging the IAM talent gap and empowering its ecosystem underscores its unwavering commitment to delivering customer and partner success across the globe.