BWI: Orchid Chemicals Donates Rs 50 million to Great Lakes Institute of Management

Press release from Business Wire India
Source: Great Lakes Institute of Management
Friday, January 07, 2011 05:32 PM IST (12:02 PM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Education & training, Media & entertainment
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Orchid Chemicals Donates Rs 50 million to Great Lakes Institute of Management


Chennai, Tamil Nadu, India, Friday, January 07, 2011 -- (Business Wire India) --

. For setting up Center for Excellence in Technopreneurship at Great Lakes
. MoU signed in the presence of Dr. APJ Abdul Kalam
. L'Attitude 13° 05 - Great Lakes annual B-school fest was also inaugurated

Great Lakes Institute of Management, among the top 20 B-schools in the country, founded by Prof. Bala V Balachandran signed a Memorandum of Understanding (MoU) with Orchid Chemicals & Pharmaceuticals Ltd. (Orchid Chemicals) for setting up a Center for Excellence in Technopreneurship at Great Lakes campus near, Chennai. The MoU was signed in the presence of Dr. APJ Abdul Kalam, Former President of India during the inauguration of Great Lakes' B-school festival, L'Attitude 13° 05.The Chennai-based pharma major, Orchid Chemicals donated Rs 50 million for setting up a Center for Excellence.

Orchid - Center for Excellence in Technology, Innovation & Technopreneurship is an incubator that will enable students in advancing the knowledge, know-how, exploitation of technologies, and disseminating global best practices to convert ideas into ventures and thus contribute in a significant manner in India's tryst with destiny in reaching global economic leadership.

The event was graced over by many other dignitaries from the corporate world including, Mr. Satish Pradhan, Group Head HR, Tata Sons; Mr. Firdose A Vandrevala, CMD, Hirco Developments Pvt. Ltd; Mr. Kamal P Nanavaty, President, Cracker, Polymers & Chemicals, Reliance Industries Limited; Mr. Sampath Ramesh, President & Co-founder, Meso America Inc. These icons from India Inc. provided the best mix of perspectives on major challenges facing business and industry in today's scenario.

The two day B-school festival - L'Attitude 13°05', hosted by Great Lakes Institute attracts the brightest minds from premier B-schools across the country. This year's participation had, more than 15 overseas B-schools including Yale, Illinois Institute of Technology, Michigan State, Cass & others besides more than 35 premier Indian B-schools including all the IIMs, IIFT, XLRI, IITs & others. The fest is a potpourri of students, academia and industry icons. Experience and the diversity of participants provided for a great learning opportunity.

This edition of the event is based on the theme, '3BL - People Planet Profit - Triple Bottom Line', which will have events related to creating a fair and beneficial business practices towards labour force, ecological environment and economic value created by the organization.

Speaking on the occasion, Dr. Bala V Balachandran said, "It gives me great pleasure to announce the 4th edition of the most awaited B-school fest of Great Lakes and inaugurate Orchid Center for Excellence in Technopreneurship. I strongly believe the Center for Excellence will enable students in advancing the knowledge and exploitation of technologies thereby contributing a significant share in economic growth of the country."

The two-day festival will host a cultural evening and a live band performed by an upcoming band from Chennai. This annual event serves as a forum for management students to exchange and develop their knowledge and skills in the field of management.

About Great Lakes Institute of Management

GreatLakes Institute of Management is one of Chennai's finest management Institutes, founded by Prof. Bala V. Balachandran of Kellogg School of Management. He established the institute with a dream of setting up an international class Business School in Chennai. GreatLakes Institute of Management has been bringing the best brains in the world of management to India with an objective to provide world-class management education. GreatLakes have tie-ups with eminent universities of international repute. One such initiative is Yale-GreatLakes Center for Management Research, started in partnership with Yale University of USA. This center aims to promote, facilitate and advance India-centric management related research, which contributes, to the development of basic and applied knowledge in the field of management. The centre will be a bridge that links scholars around the globe with India as a common interest.

To view the photographs, please click on the links given below:

(From Left) Dr. APJ Abdul Kalam, Former President of India; Dr. Bala V Balachandran, Founder & Dean, Great Lakes Institute of Management; Mr. Raghavendra Rao, CMD, Orchid Chemicals.

Dr. Bala V Balachandran, Founder & Dean, Great Lakes Institute of Management exchanging MoU with Mr. Raghavendra Rao, CMD, Orchid Chemicals in presence of Dr. APJ Abdul Kalam.

For picture(s)/data to illustrate this release click below:

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CONTACT DETAILS
T. N. Swaminathan, Director - PGPM , External Relations & Professor - Marketing, Great Lakes Institute of Management, + 91 9840195454, tnswami@greatlakes.edu.in
Twinkle Xavier, 20:20 MEDIA, + 91 9884480115, twinkle@2020india.com

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