B - School News

 

Press Release
Indian School of Business (ISB)
Inaugurates
A 400-Seater Auditorium On Its Campus

Hyderabad, April 11, 2003: The Indian School of Business (ISB) has inaugurated a new 400-seat auditorium on its campus. The Auditorium is an endowment from the Khemka family of the SUN group of Companies. The auditorium will be called the Rameshwarlal Khemka Auditorium, honouring the memory of Shri Rameshwarlal Khemka. His Excellency, Surjit Singh Barnala, the Governor of Andhra Pradesh, inaugurated the auditorium at the ISB on April 11, 2003.

The sons of Shri Rameshwarlal Khemka - Satyanarayan, Basudeo Prasad, Badri Prasad, Chandi Prasad and Nand Prasad, bequeathed the endowment to ISB for the auditorium. The fully air-conditioned, light oak-paneled auditorium boasts of modern acoustics systems. The Khemka Auditorium will host a variety of events -- cultural, educational and professional - thus creating a lively meeting point for the ISB community.

"We deeply appreciate the Khemka family's generous gesture for making the Rameshwarlal Khemka Auditorium a reality for the ISB community," said Dean Vijay Mahajan. "The Khemka Auditorium will be a place where students, faculty, people from the industry and society will converge to debate, share and bond with one another. It will play an important role in providing a multifaceted learning experience to our students. I look forward to hosting several educational and cultural events here," he said.

"We are proud to be associated with the Indian School of Business," said Nand Khemka of the SUN Group of companies. "ISB shines as an example of how Indians can work in unison to create excellence and competitive advantage to allow our country to compete on a global scale. At the same time, we strongly support the powerful international focus of the school and believe that students and companies from around the world will benefit from the calibre of its educational standards and research. We know this auditorium will add to the school's vision of generating business leaders who are deeply committed to excellence, ethics and a spirit of service," he added.

On the day of the inauguration, two special events were hosted in the Khemka Auditorium - the "Professor of the Year Award" ceremony and a music concert by eminent artist Pandit Vishwa Mohan Bhatt on his unique instrument - the Mohan Veena.

Of the 45 professors that taught Management courses in the year 2002-2003, two professors have been chosen for the "Professor of the Year Awards". A student panel selects the best professors annually for exceptional delivery of course content. Professor Mark Finn from the Kellogg School of Management teaching the course on Financial Accounting and Decision Making, and Professor N. R. Prabhala from the University of Maryland, teaching a course on Capital Raising Strategies in Corporations were selected for the awards.

The Khemka Auditorium also hosted its maiden cultural event - a concert by Pandit Vishwa Mohan Bhatt. An outstanding instrumentalist, who plays Hindustani classical music, Panditji plays on an instrument of his own design, called the Mohan Veena, which evolved from the slide guitar. He is particularly known for his brilliant rendition of the 'Tantrakari Ang' and for incorporating the 'Gayaki Ang' on the Mohan Veena. He has won a Grammy in 1994 with Ry Cooder for their album - 'A meeting by the River'.

The Indian School of Business is a privately funded institution and depends on grants and endowments to augment resources for the School. The ISB, a research-oriented independent management institution, is born of a visionary partnership between eminent business leaders, entrepreneurs and academicians from around the world. The School has formal affiliations with three of the world's leading business schools - the Kellogg School of Management, The Wharton School and London Business School. The School offers a one-year Post Graduate Programme in Management (equivalent to an MBA) and short-duration, high-powered courses for corporate executives.


Contributed by -
Ms. Bhuvana Ramalingam,
Director - Communications,
Indian School of Business, Hyderabad.