The Hindu : New Delhi News : Focus on cooperation between India and EU

Online edition of India's National Newspaper
Thursday, Oct 11, 2007
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New Delhi

New Delhi

Focus on cooperation between India and EU

The economic links between India and the European Union are “quite impressive” and in future one of the key issues that the two need to deliberate upon would be scientific and technical cooperation, said Luis Filipe Castro Mendes, Ambassador of Portugal to India, addressing students during a lecture at Jawaharlal Nehru University earlier this week.

Speaking on “India, Portugal and the European Union”, Mr. Mendes, whose country currently holds the European Union presidency, said: “The European Union is more than just the sum of our member-States. We are committed to serious trade and investment with India. It is a myth that the European Union is a closed group and a fortress within Europe. We can’t accept that claim. The growing globalisation of European economy, flow of investment, growing external trade are contrary to the concept of European fortress as suggested by many.”

Talking about the ties among the European Union, Portugal and India, the Ambassador pointed out: “Portugal and India need to come closer as they share a common history. We should find a path of cooperation in a new mood. Our perception of India is that of a great economic and political player at a large scale, while India should look at the European Union in terms of diversity of cultures and nations.”

The Institute of Finance, Banking and Insurance (IFBI) and HDFC Bank have entered into a partnership to develop and train students in the field of banking. Selected students of IFBI would join HDFC Bank as trainees immediately upon completion of the institute’s six-month post-graduate diploma in banking operations (PGDBO).

IFBI is an initiative of NIIT to develop talent for the burgeoning financial services sector.

Under the terms of the partnership, the Bank would make an offer of employment to identified students of IFBI at the time of their admission to the PGDBO programme.

The Executive Council of Aligarh Muslim University has approved the proposal for instituting the Sir Syed Ahmad Khan Award.

A four-member committee has been constituted under the chairmanship of Mahfooz Ahmad, honorary treasurer of the University. The committee would evolve a system to raise funds. It has been decided to approach the University Grants Commission for Rs.1-c rore as a corpus to this award.

The Executive MBA programme of Pearl School of Business, Gurgaon, has received validation by the Nottingham Trent University in Britain.

The programme has a focus on entrepreneurship, internationalisation and innovation and technological excellence.

The British University will award the MBA (Executive) degree to students of PSB which is a delegated centre and its affiliated business school.

The course comprises 15 months of course work and a three-month project.

-- Parul Sharma

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