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Well-refined – RIL’s refinery margins zoom LVB gears to become a financial supermarket Chennai Port is at last decongested! Steel loses its sheen The new look- 4s Verna STFC raises money Research needs more funding Veritas Finance- financing the unfinanced Is Indian telecom industry heading for a monopoly? Make way for the new and dynamic railways Carrefour’s quick exit An American alliance in the chemical industry? More gensets and diesel engines from TAFE Industry-well poised to invest on expansion Three more leather clusters… IFCI to raise NCDs upto Rs 2000 crore Economic issues take a back seat at G20 summit Smart controls for cooling large multi-zone spaces ... ALL to launch electric busses TCS’ revenues cross Rs 100,000 crore Celebrating 180 years of relevance Hyundai excites again ECGC expands operations Connecting the unconnected Placing the right shoe forward... Gem of social service... SumInfra- corridor based development... Techies trip to India WABCO’s second Chennai plant When Centre visits the state Ridley marathon to India Indigo stays leader with 40 per cent share Striking cords for 25 years… Business Breif OBO Bettermann for better lightning protection Auto test tracks launched at GARC Oragadam campus TiE applauds innovative entrepreneurs Tata Steel commence operations at Kalinganagar Purdue and IIT-M sign the dotted line CUB: towards card-less withdrawal Celebration time at MS Chola Durga - India’s largest blast furnace; now operational Sun Edison launches solar pumps Time to fast-pace the logistics sector On the ‘milky’ way Investor friendly Japan AirAsia India infuses funds to fight out competition Flexible labour laws… Apple maps – finding its way Reality bytes A global plastic event in India Climate change may change the way businesses work... ALL – truck industry is recovering from degrowth Innovation that helped Chennai port Backpack laboratory Secured NCDs from Shriram City Chola MS net crosses 100 crores Inclusive and forward moving... Business Briefs Nothing to hide... People Flow Day- Safety TII-challenging year with flat growth Four daughters and a proud father Hero Motocorp - smooth ride Digital retail transactions stabilise at higher level… Realty sector takes a break... Blue Star plans a new plant in south Housing Innovation Challenge, 2015 Brand leaders come forward... - TII’s single largest investment at Thiruthani Creating Tamil Nadu Banana brand Dynamic e-commerce scenario Curbing steel imports will hurt small business... Nigeria comes nearer Realising double digit growth in Tamil Nadu BRICS development bank World labour laws at a glance Towards peace of mind Murugappa- a year of consolidation Economic, business and social sustainability Airlines wage price war Waste, a gold mine Scoot offers just Rs.13,500 to ANZ... Indian Bank – global businesses crosses Rs 3 lakh crore... Schwing Stetter India joins hands with US-based Gomaco Chola MS launches motor app Need to focus on ease of doing business... European crisis is a global crisis! TOP 10 CEO Compensation ALL-two launches in a row An aerospace-defence cluster in Tamil Nadu… Changing dynamics in human resource management Automotive Vision Plan II... Strategy war escalates between Hero and Honda Downsizing spree... Adding Zest to Scooty ISRO's 100th mission Big-ticket investments march towards Punjab Chennai to get a roundabout Metro Applauding enterprise... Holiday Inn opens in OMR Chennai Bridging the skill deficit in pharma industry Pharma market dozes Chennai will soon get its World Trade Centre TVS Logistics – another acquisition to sharpen the business model Focus on self-certification and third party inspection TN budget pragmatic and moderate on fiscal deficit Rating of states to be released soon Illicit markets a concern to growing economy
 
Purdue and IIT-M sign the dotted line

IIT Madras and Purdue University recently signed a MoU that provides for joint supervision of doctoral candidates between the two universities.   Suresh Garimella, Executive Vice President, took the initiative to bring Mitch Daniels, President of Purdue to Chennai to conclude this MoU. Daniels was the Governor of the State of Indiana for two terms in which Purdue is located.

 In my visit to Purdue in 2005 I noticed the university establishing close rapport with leading universities in China and Germany. In my interactions, then Dean of Mechanical Engineering, Dan Hirleman, outlined an interesting project:  a group of students from German Technical University worked with a similar group from Purdue on a new project, where the flair of the Germans for design and engineering was complemented by the native genius of the Americans for packaging and marketing.

The present MoU should be expanded to provide for such fruitful exercises and just should not stop with opportunity for tourist visits. Along with its alumnus CNR Rao, National Research Professor, Purdue University plans a lecture series. The inaugural session will be held in Bengaluru and Chennai during January.

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