Shrinivas V. Dempo, chairman of the Goa-based Dempo Group of companies (estb.1941), has endowed $3 million (Rs.13.5 crore) for a professional chair at the Tepper School of Business of Carnegie Mellon University (CMU), USA. The Vasantrao Dempo Reflective Chair will be occupied by a business professor nominated by the Tepper School of Business, and support teaching and socio-economic research related to India. Vasantrao Dempo was the founder of the Dempo Group, and Shrinivas grandfather. The professor, who will be nominated to the chair by CMU later this year, will partner with a distinguished scholar from a university in India. I am delighted to be partnering with Carnegie Mellon through this endowment, says Shrinivas Dempo. The professorship will enable me to maintain a linkage with my alma mater that is both meaningful and fulfilling as also a worthy homage to the memory of my much-loved grandfather, Vasantrao Dempo. I am confident the chair will add to the body of knowledge about India, leading to more inclusive growth for the people of my country, a dream of my grandfather. On behalf of Carnegie Mellon, I would like to thank Shrinivas Dempo for this generous gift, says CMU president Jared L. Cohon. We are pleased to be partnering with Dempo, a widely respected name in India, through this professorship. Indian Education Congress in Delhi The Delhi-based Franchise India Holding Ltd (FIHL estb.1999) is organising a two-day Indian Education Congress 2011 at Hotel Claridges, Surajkund, New Delhi on April 22-23. The Indian Franchise Association (IFA) and KPMG are partners of the congress. Its a platform to bring together key policy makers, educationists and corporates from India and abroad for deliberations and interactions that would lead to sharing of learning and knowledge, draw attention to best practices and promote innovations in education, says a spokesperson of FIHL. The governments education expenditure as a percentage of GDP is about 5 percent and the consumption trends predict that the urban Indian is spending 9 percent of his wallet on education while the rural consumer spends only 6 percent. In view of huge requirements of infrastructure and manpower of Indian industry, even if the government takes up the supply challenge, the time frame will exceed the youthfulness of our population. The Indian Education Congress is an initiative by FIHL that recognises the need to think more boldly and broadly on how to strengthen and expand our existing education initiatives, says Gaurav Marya, president of FIHL who adds that the Indian Education Awards 2011 which recognise excellence in the education sector will be disbursed during the congress. Don Bosco Institute signs up IIJT The Gurgaon-based Indian Institute of Job Training (IIJT) — a wholly owned subsidiary of TeamLease Services Pvt. Ltd — signed an agreement on March 22 with the Don Bosco Technical Institute, Hassan (Karnataka) under which IIJT will offer computer hardware and networking study and training programmes to students of the institute. Students will now have an opportunity to learn from experienced teachers of IIJT, a respected…
