IBS Konnects November 2011

Prof. Ajay Pathak Director IBS Kolkata Publisher IBS Konnects

EDITORIAL BOARD Prof. Anup Kumar De Prof. Sharbari Saha ADVISORY COMMITTEE Prof. Durga Rani Sinha Prof Bhaskar Basu

TEAM KONNECTS Batch of 2012 Mayuri Das Parinaz Khambatta Paromita Chakrobarty Suman Sinha Zia Mohiddin Askiri Batch of 2013 Anirban Guha Poulab Kumar Chakraborty Ritwik Roy Sayantan Baul Shreshtha Chatterjee Contact us at: ibskkonnects@live.com

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Table of Contents

S. No.
1. 2. 3. 4. 5. 6.

THEME ARTICLES London Bridge is Falling Down by Ritwik Roy London Bridge is Falling Down... Again by Paulab Kumar Chakraborty London Bridge is Falling Down by Puja Baidya London Bridge is Falling Down by Arina Roy The Last Iota of Darkness by Sayantan Baul An Ode to Corruption by Shreshtha Chatterjee POETRY SECTION I am Death by Debashis Saha Mystery of Life by Zia Mohiddin Askiri To Happiness... and Beyond by Suman Sinha RECENT HAPPENINGS Summer Internship Program by Zia Mohiddin Askiri Budget Seminar by Paromita Chakrobarty Six Sigma Workshop by Zia Mohiddin Askiri Remembering Tagore by Mayuri Das Teachers Day by Parinaz Khambatta From a Self Sustaining Buddhist Economy to an Emerging Indigo Economy The Istanbul Connection by Suman Sinha PHOTOGRAPHY

Page No.
4 6 8 10 11 13

7. 8. 9.

15 17 19

10. 11. 12. 13. 14. 15.

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LONDON BRIDGE IS FALLING DOWN

Ritwik Roy IBSK 2011-13
The phrase London Bridge is falling down reminds me of the fire which took place in 1666 in LONDON aka The Great Fire of London. The Great Fire of London was a major conflagration that swept through the central parts of the English city of London; from Sunday, 2 September to Wednesday, 5 September 1666.The fire gutted the medieval City of London inside the old Roman City. It threatened, but did not reach, the aristocratic district of Westminster, Charles II's Palace of Whitehall, and most of the suburban slums. It consumed 13,200 houses, 87 parish churches, St. Paul's Cathedral, and most of the buildings of the City authorities. It is estimated that it destroyed the homes of 70,000 of the City's 80,000 inhabitants. The death toll from the fire is unknown and is traditionally thought to have been small, as only six verified deaths were recorded. This reasoning has recently been challenged on the grounds that the deaths of poor and middleclass people were not recorded anywhere, and that the heat of the fire may have cremated many victims, leaving no recognizable remains. The Great Fire started at the bakery of Thomas Farriner (or Farynor) on Pudding Lane, shortly after midnight on Sunday, 2 September, and it spread rapidly west across the City of London. The use of the major fire fighting technique of the time, the creation of firebreaks by means of demolition, was critically delayed owing to the indecisiveness of the Lord Mayor of London, Sir Thomas Bloodworth. By the time large-scale demolitions were ordered on Sunday night, the wind had already fanned the bakery fire into a firestorm which defeated such measures. The fire pushed north on Monday into the heart of the City. Order in the streets broke down as rumours arose of suspicious foreigners setting fires. The fears of the homeless focused on the French and Dutch, England's enemies in the ongoing Second AngloDutch War; these substantial immigrant groups became victims of lynching and street violence. On Tuesday, the fire spread over most of the City, destroying St. Paul's Cathedral and leaping the River Fleet to threaten Charles II's court at Whitehall, while coordinated fire fighting efforts were simultaneously mobilizing. The battle to quench the fire is considered to have been won by two factors: the strong east winds died down, and the Tower of London garrison used gunpowder to create effective firebreaks to halt further spread eastward. The social and economic problems created by the disaster were overwhelming. Evacuation from London and resettlement elsewhere were strongly encouraged by Charles II, who feared a London rebellion amongst the dispossessed refugees. Despite numerous radical proposals, London was reconstructed on essentially the same street plan used before the fire.

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In my views London Bridge, the only physical connection between the City and the south side of the river Thames, was itself covered with houses and had been noted as a death-trap in the fire of 1632. By dawn on Sunday these houses were burning, and Samuel Pepys, observing the conflagration from the Tower of London, recorded great concern for friends living on the bridge. There were fears that the flames would cross London Bridge to threaten the borough of Southward on the south bank, but this danger was averted by an open space between buildings on the bridge which acted as a firebreak. The 18 foot (5.5 m) high Roman wall enclosing the City put the fleeing homeless at risk of being shut into the inferno. Once the river front was on fire and the escape route by boat cut off, the only exits were the eight gates in the wall. During the first couple of days, few people had any notion of fleeing the burning City altogether: they would remove what they could carry of their belongings to the nearest "safe house", in many cases the parish church, or the precincts of St. Paul's Cathedral, only to have to move again hours later. Some moved their belongings and themselves "four and five times" in a single day. The perception of a need to get beyond the walls only took root late on the Monday, and then there were near-panic scenes at the narrow gates as distraught refugees tried to get out with their bundles, carts, horses, and wagons. The crucial factor which frustrated fire fighting efforts was the narrowness of the streets. Even under normal circumstances, the mix of carts, wagons, and pedestrians in the undersized alleys was subject to frequent traffic jams and gridlock. During fire, the passages were additionally blocked by refugees camping in them amongst their rescued belongings, or escaping outwards, away from the centre of destruction, as demolition teams and fire engine crews struggled in vain to move in towards it.

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LONDON BRIDGE IS FALLING DOWN AGAIN

Paulab Kumar Chakraborty IBSK 2011 - 13

A few weeks back, at Highbury Corner Magistrate Court, Adrian Cotton, 25, of Edmonton pleaded guilty to a burglary in a North London ASDA store after breaking in. Almost at the same time police officers allegedly found text messages on 25 year old, Keiron Samuels phone following his arrest for looting JD sports. These two incidences though, apparently seem isolated, are, in reality, a part of the recent London Riots. The Violence that began with the shooting of Mark Duggan by a policeman at Tottenham witnessed the involvement of a large number of youths; not as protectors of the society but its predators. As the looting and plundering prevailed at its prime, London, a city which was once an epitome of the world culture, a city which till recent boasted of its Royal Wedding and a city on which our Kolkata models itself upon, did lose some of its Stiff upper lipped sophistication. And courtesy to the impulse of the youth, London Bridge fell down yet again. But what made the Youth so vile? The unanimous answer would be unemployment. The frustration of hundreds of jobless youths found a vent through this insane agitation. A recent report from the British Office of National Statistics indicated that joblessness among people between ages 16 and 20 have been rising steadily from 14% in the last quarter of 2008 (at the onset of the global financial crisis) to 20% in the 1st quarters of 2011- an astounding 40% spike in just 3 years. However its not only the United Kingdom that is facing such a crisis, the scenario in India is no different. Unemployment coupled with poverty, illiteracy and the ever increasing population makes even difficult. To top it all, the active involvement of the youth in the corrupt aspect of politics accelerates the degradation. As the colleges become a battle ground for political parties, true education, which is a necessity in the development of a responsible citizen, is losing its dominance. The participation of the youth in Godhra and Babri riots, the cases of terrorism, and the conviction of the teen terrorist Kasab as guilty of the Mumbai blasts have repeatedly and bluntly pointed out to the deteriorating conditions of the country in the hands of the youth. Yet some exceptions can be made to the generalization.

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Sajjan Singh Rajawat, a young man running a cyber Caf at Khatipura had been continuously broadcasting videos of Anna Hazare in an attempt to popularize the Lokpal Issue. Its not just Rajawat, but credit should also be given to the thousands of young people who hit the roads voicing their demands for equality and the power of the youth brigade, much akin to 1947, made the Government relent to their claims. The youth has the capability to influence many such implementations that can change the world. So why should we take up to destruction? Lets join hands in collaboration to make the earth a much peaceful place to live in. Let determination be the keyword of our lives and our belief in goodness be restored. Let us go forward and achieve much greater things. I am ready to change the World. Are you?

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LONDON BRIDGE IS FALLING DOWN

Puja Baidya IBSK 2011 - 13

The saga of the London Bridge is never ending, mysterious and we are confronted every time with a new story that creates history for us. The bridge that spanned River Thames was first made with timber and clay and later it was invigorated with materials as mentioned in the famous song and nursery rhyme LBIFD with wood and clay. bricks and mortar, then iron and steel. History repeats London riots but the concrete lesson is still to be learnt. Agitation is great when evils are to be reformed but is simply a nuisance when done unnecessarily and without any cause. The cries of agitation in London shocked the whole world and the horror of the whole account was enough to build nightmare in ones mind. The riots and the prevailing unrest have created political upheaval and every morning we stand up to view examples of violence all around the world. The recent riots in London has seen some of the most mindless criminals and thugs, rioting and looting the various cities of England .The burning of a century old furniture shop in Hackney and the robbing of Asyraf were some of the important images of the riot. The unrest is caused by poverty plus a sense of unfairness and exclusion from the mainstream society, political life, economic activities (business and jobs). This situation is caused by the social structure of the society in London. There is a British middle class which runs the society and is based on voluntary cooperation among equals (NGO's, business cooperation and so on) and a poor immigrant group of people who depend on powerful persons for their livelihood. These people are unable to produce their own jobs and security. The British middle class is in no mood to integrate those people (and that would be no easy task, anyway) even in good economic times, such that the situation will worsen. Our face book fan page has more than 370,000 followers for Harare and the India against Corruption page? The 74 year old, Gandhian Anna Hazare, our modern day reformer spent three long nights despite being freed by the authorities .It was followed by a revolutionary hunger strike which has ended with the belief to give victory to the common man. These protests have sent shockwaves throughout the political class. The fight against combating corruption, black money and the dictatorial attitude of the government are the issues which have been given importance and are to be worked upon. Now this should be a real wake up call for the countrymen. Change needs to be conducted in a broader way for peace, antimilitarism, socialism, world reconstruction, colonialism etc. Annas unbelievable victory is actually a triumph of our democracy and we deserve to celebrate it. The devastating acts of terrorism in different parts of the world have left us alarmed about their potential impact. They surely raise a question as to when and how each individual might fall in trap of these heinous crimes. The terrorist attacks on the World Trade Center and the

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Pentagon are noteworthy here Terrorist hope to use fear to achieve their objective. They simply try to establish dominance over innocent people. We are actually living in a period of intense crisis. It is very important to understand the barriers for a sustainable future and to be aware of the consequences of our actions and belief. It is also stated that it is our instant need and greed what the problem is. For this we should have driving forces for our future. The driving forces for our future are leadership, vision, people, politics and policies. Right interaction of these five factors is likely to produce a culture that encourages better ways of relating not only with our environment but also amongst ourselves as communities and nations. The driving force is the realization and the understanding that depletion of resources caused by irresponsible consumption, financial instability, and ignorance and illiteracy is leading the world towards destruction. The ability to study in right earnest the issues and multiple problems that has invaded a society, with a will to bring in constructive reformatory measures is the main driving force for bringing in a sustainable future. Political ecology implies raising awareness, which can be achieved through education, a tool allowing future citizens to be active, participate and take responsibility for their acts. The youth should stand up to place the wealth of their idealism and energy at the service of their country. They should stand up for the larger ideals, for a more human and humanitarian approach to all problems. This BRIDGE is setting an e.g. for a global concern and its high time that we all should build this bridge properly rather than just helping it to fall down forever.

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LONDON BRIDGE IS FALLING DOWN

Arina Roy IBSK 2011 - 13
IS RIOTING FUN? What did the hoodies have in mind when they started this mindless destruction? These youths who in the name of poverty and joblessness went about destroying property, would have taken any non-violent means to express their views and grievances, it would have been much more effective. They went about ruining the property of innocent people, who had no role to play. I as a representative of the youths in India would like to ask them-Is this the way you young people seek jobs? They not only hampered the common people but greatly hampered the pride, the reputation of London. People all around the world are shattered by such violence which took place in London. Is it the same picture which comes to our mind when we think of London? Smoke from smouldering shops, burnt-out police cars and shops, destruction all over. How INHUMAN they are!! And FOOLISH too!! They ruined the properties of those who might have hired them, and went on stealing from them. If these youths were as interested in getting a good education and working as they are in drinking, smoking, and taking drugs, they would be incredibly successful in life. What was the underlying truth? Was it the discontent among the poor people over the years or was it the hatred faced by the blacks in the whites society? Mark Duggans death only acted as a catalyst to such a social issue. Violence only brought down the aura of London. At the same time, would anyone care at all if there had not been violence???

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THE LAST IOTA OF DARKNESS

Sayantan Baul IBSK 2011 - 13
Its better to burn out than to fade away. Famous lines of a revolutionist singer, ironically yet queerly pertinent, comes to mind citing the imagery, where over the last few months the vociferous support of the youth has implicitly propelled an upsurge against an age old social sinister : CORRUPTION. Amidst all the various connotations for our lovely country, deplorable though undeniable, India has stigmatized a deep image fixation with corruption. From the top notch bureaucrats on the ultimate pedestals to the bottom most rungs, the system is contaminated in the deathly hallows of corrupt practices. A very big reason for this is the extensive number of people who join the system from unfathomably challenged economic backgrounds. They fall as the most obvious victims and volunteers to gluttony. The inadequate education level, especially at the grassroots, is another detrimental propellant to the germinating seed of corruption. However, in light of the recent incorporations, the youth has embedded its existence in different government machineries and that is definitely a silver lining for times ahead. However, we must also understand, that just a few Anna Hazare stints or a few sporadic set of Tehelka Stings from time to time, may cause caution, but it will never lead to the cessation of corruption. In a country like ours where the population is dominated by the youth, it is quintessential for them to come forward and take a stand against corruption. Even if it does not be a real extensive self infusing anti-corruption drive involvement, a strong inadvertence shown to efforts of corruption, will reduce its spread immensely and it will be the start of the end for this extremely malign syndrome called CORRUPTION. India dreams of emerging as the next economic super power in years to come and their pursuit is based on their most coveted asset of the time: The Youth. It is high time that we realize that this venomous practice has to be completely or, at best, almost completely extinguished. We have to form the nuclei around which the stepping stone of DREAM INDIA can be laid and thus the onus to remove all the debacles in its way must completely depend on the youth of the nation. A unified endeavour of ours can soon see our country free from the chains of malpractices. A healthy system is the epitome of a successful functioning and a pre-requisite for systematized existence. The ascent to infinity is beckoning on the other side of this last iota of darkness All it requires is a little bit of effort from each citizen.

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Lets unite our Indianness, lets conjure our power of unity, let the bonhomie synergize the unfaltering pledge to bury corruption till it Absolutely Rests in Peace. At the last iota of darkness let the Indian ascent to infinity begin.

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AN ODE TO CORRUPTION
Shreshtha Chatterjee IBSK 2011 - 13

I am the person who rebels for change and the misfit who wants to fit in, I am the person whose world is a mirror and I look crude, ugly and destructive through it. I am the person who tries to shatter the looking glass which breaks me. As blood and the shiny shards sting I am the person whose taunting image in the mirror pinches me at the core of my heart. I am broken to see the cruel world succeed, and I am forced to lead a life encircled with lies. I am the person who goes mad at the oval of civilized people. I feel my vacant soul go through a life of phantom, an empty sprite. I am the person who reverses back and plunges into the deep blue lake, its cool water soothes and relaxes me and I sense the soothing effect go down my spine. I am the person who peers into the silent depths of the lake... I am the person who now no more wants to remember corruption, agitation and violence. So clarity emerges in the moving ripples. It portrays a different me, I stand up and face life. I am the person who has transformed my minced and shattered soul into a lovely human being. I am obliged to myself, my soul and my life... For only because of the power that emerges within me, does my existence go on...

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I am Death
Debashis Saha IBSK 2011 - 13

I am death-a truth, none can deny; A truth that every mortal must someday come by. I snap the sleep of each and everyone, I am the all-mighty, I care for none.

No one sees me but they realize my existence, Through pain, I make them feel my presence All try to take over me but I always take over themI conquer their efforts, because death is my name.

I climb the mountains, walk past the valley, Through the cities and villages - I move freely; I wave my flag of victory wherever I go And cast a spell of separation there-I know.

I am the child of darkness-they say Through discord and agony, I find my way I spare no one - young or old, Happy or sad, coward or bold.

Life dares to resist me, but tries in vain,

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In the long run alas! he loses all and moans in pain. Life is spontaneous, he is tough Yet I conquer him, I laugh the last laugh.

The universe is my kingdom - I reign thereAll alone, without any councillors, without any heir. Heaven is my limit, hell is my base, I am the greatest foe whom all must someday face.

And here I am with all my might To make you shiver and tremble in fight, You will never see me yet I will ever underline my name Never dare to fight me back, for, now you know my fame.

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Mystery of Life
Zia Mohiddin Askiri IBSK 2010 - 12

This world gives me the jitters Every time I see it Every time I feel it Every time I understand it It is a difficult place to survive But a much difficult place to live I live because I am allowed to by God But why I live Only His knowledge suffice For to live and Die is not my choice Sacrifice I willingly my Wish and Voice Knowing others would Smile and Rejoice

Happiness and luxury are alien to me Sorrow and Pain are near to me Why...O...Why? Is this the case? Why can not I my happiness face? Why is it I meet Disgrace? How is it I will win the race?

Never in Pleasure Never in Pain

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I found my treasure Drenched in Rain Rain of Fears Rain of Roars Rain of Tears That eternally pours

Fight and survive the gathering of moss Dont you feel you are at loss The Day will come; when the Treasure is found The day of Glory and Joy profound

Hark o you of mortal soul! Soon will He take you to your Goal.

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An Ode to Happiness
Suman Sinha IBSK 2010 - 12

As the city sleeps through engraved enchantment Tired minds in search for some rest, a path to escape From the daily routine of life to the world and beyond From the consistent torture of disgrace and rape I walk among the unprivileged, narrow streets and alleys For it is peace and comfort that I find amongst them As the society and its norms, mock me when they say I am living a life in tragic ways of expressing shame I say, it is not shame that withers in me, rather Pity for those who pretend to be happy and gay For they live lives in blurred vision, hallucination Yet unready to learn and grow, come what may The epitome of success may lay as illusion to me I may not follow the ladders to heaven, for I only Intend to prove to the world, at the ladder's end Heaven might not be the destination of this journey For the joy I see in sunshine and rain, the same Joy I saw in my lover's face, erasing all loneliness Bringing life to my soul, for it is on this very earth That we may all find the source of eternal happiness

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SUMMER INTERNSHIP PROGRAM

Zia Mohiddin Askiri IBSK 2010 - 12

Summer Internship Program or SIP as it is known in the B-school parlance is an integral part of IBS Kolkata as it is a mandatory component of the curriculum. Its equivalent to one semester Students undertake a 14-week internship at any organization depending upon their specialization during the period between the close of Semester II and beginning of Semester III. It is equivalent to one semester and carries a weightage of 15 units. The basic need of this programme is to allow the student to match their knowledge from the books into corporate situations. It literally opens up the students mind and encourages them to assimilate the corporate situation. In order to facilitate the process the student is mentored by a faculty guide (from the college side) and a company guide (from the company side). These two entities synergistically carve out the future road of the budding manager. The SIP also helps the students to plan their specializations by doing internship in the desired industry or sector. This has helped us as well as the previous batches to gain confidence. There have been examples of students giving their bests to these organizations. This in turn makes the student confident and performs equally well in his/her academics. Internship is a vehicle for introducing students to real-life situation, which cannot be simulated in the classroom. Therefore, internship assignments must necessarily be those of direct interest to the host organization. Students are encouraged to take up time bound, multidisciplinary and goal oriented assignments involving team work. Solutions to various problems confronted in the assignment might be open-ended, involving an element of analytical thinking, processing and decision making in the face of insufficient data, parameters and uncertain situations.

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BUDGET SEMINAR
Paromita Chakraborty IBSK 2010 - 12
We at IBS Kolkata, on 21st March, 2011 had an illuminating seminar on BUDGET 2011- Is it forward looking. The event was graced upon by Mr. Shantanu Sanyal, Senior Journalist, Hindu Business Line, Dr Sudip Kr Sinha, Advisor, WBIDC, Dr Tamal Dutta Chowdhury, Faculty IBS Kolkata, Prof Ajay Pathak, Director, IBS Kolkata. It was also a rare opportunity for a few students, namely Ayan Doss, Mridul Arora, and Paromita Chakrabarty, who got a chance to share the stage and speak with such dignitaries. The seminar tried to explore the various aspect of the Union Budget presented on 28th February 2011. The inflation issue, maintenance of the growth momentum, social welfare was some of the key area which was discussed. Thrust on strengthening of the supplychain and public distribution system along with the construction of the mega food parks was made. Relevance of Cash subsidy and Laws and regulation was also reflected. A Sectorial Analysis was attempted to see the effects on individual sectors such as Automobiles, Agri Products & Chemicals, FMCG, Banks & Financial Services, Infrastructure & Power, Cement, Metals, and Oil & Gas. The seminar concluded by opining that the Budget though was a good one but not reformative in nature.

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SIX SIGMA WORKSHOP

Zia Mohiddin Askiri IBSK 2010 - 12
IBS Kolkata organized a one and a half day workshop on Lean Six Sigma yellow belt certification on 24 and 25 July, at their Sector 5 campus. Six Sigma is a business management strategy which tries to improve the quality of product or service by removing the cause of defects. Lean is a philosophy focused on eliminating wastes. Lean Six Sigma is a methodology which brings s the combined effects of Lean and Six Sigma to bring speed and accuracy in a business process. Corporate team leaders and

executives from, Siemens Information Systems, CMC Ltd, RS Software and Impetus Management Solutions were some of the twenty delegates who attended the workshop. Ashoke Das Sharma, VP Lean Six Sigma, TCS and a faculty in the workshop felt that the corporate executives with industry exposure will definitely find the program useful in increasing the efficiency and effectiveness of their business projects. Anup Kumar De, the program coordinator and an IBS Kolkata faculty, felt that the corporate executives will be able to initiate a Six Sigma project in their organization. Incidentally Prof. De is a Lean six Sigma Master Black belt who conducted many training programs on Lean Six Sigma in India and abroad. Debassis Bandopadhay, a VP from a software firm believes that Lean Six Sigma program will definitely improve the quality of projects. Shoma Ghosh, a quality manager from SISPL, felt the program will help in reducing cost of her projects. Chiranjiv Maity, a team leader from CMC felt the program will help in analyzing his projects effectively.

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They felt that the workshop was well received and the participants were enthusiastic. IBS Kolkata wishes to hold future workshops looking into the overwhelming response.

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REMEMBERING TAGORE
Mayuri Das IBSK 2010 - 12

Rabindranath Tagore is an all pervasive figure in our lives.When we are buckled with grief, we try to find relief in Rabindranath. To celebrate any family get together, Rabindra sangeet is a must in many Bengali households. Any situation of love and affection among people of any age, again comes Rabindra sangeet. To mark the occasion of the 150th birth anniversary of the bard, IBS Kolkata organised a cultural programme on 9th May, 2011. It was an honour for us to pay tribute to the Nobel laureate through his own literary works. The programme commenced with an inaugural song followed by a speech by the Director. The next part of the programme was a small speech by Prof. Sharbari Saha accompanied by interludes of Rabindra sangeet by Mayuri Das,a student of Batch 2012. In her speech she tried to highlight the farsightedness of the poet when he wrote decades ago that we have to break the age old traditions and dogma to welcome the newwelcome the change. Two exstudents, Mayukhi Sen and Nilanjana Ghosh, were also a part of this wonderful programme and they recited two of the poets creations beautifully. This was followed by a speech by Prof. Dipankar Dey. Lastly, Oindrilla Ray, a student of Batch 2012, enthralled the audience by a dance performance in perfect harmony with the song Bhenge mor gharer chabi. We probably were able to do some justice to the creations of the great poet as the room reverberated with applause when the programme came to an end.

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TEACHERS DAY CELEBRATIONS

Parinaz Khambatta IBSK 2010 - 12

For the first time in the history of IBS, Kolkata, the teaching fraternity was treated to a splendid celebration in order to honor their wholehearted dedication and unwavering commitment towards ensuring the success of all their students. On 5th September, the birth anniversary of Sarvapalli Radhakrishnan, the students of IBS, Kolkata put up a small programme and felicitated all faculty members for showing their appreciation and gratitude for all the efforts put in by their beloved teachers. The programme began with a welcome dance followed by an audio visual presentation wherein all got a glimpse of the professors as well as the administrative staff. This was followed by a solo and group singing performances. Prof. Ajay Pathak, the Director, was then asked to give a short speech on the occasion, subsequent to which, there was a fusion dance which had the audience wanting for more. The last leg of the Teachers Day celebration was a game of musical chairs where all the faculty members were cheered on enthusiastically by the students and which was eventually won by Prof. Anup Kumar De. After the game concluded, the Dean along with the Director, Prof. Dipankar Dey, unveiled the Teachers Day card which was presented by Anuran Mukherjee, the President, Student Council on behalf of all the students. The card was a special one, handmade especially for the teachers of IBS, Kolkata and it bore the names of all the students who are studying at IBS presently. Finally, all the faculty members were presented with a small token of appreciation and so were the administrative and the non teaching staff of IBS, Kolkata who are equally responsible for the smooth functioning of day to day affairs but whose contributions often go unnoticed.

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FROM A SELF SUTAINING BUDDHIST ECONOMY TO AN EMERGING INDIGO ECONOMY THE ISTANBUL CONNECTION
Suman Sinha IBSK 2010 - 12

Taking leave from delivering lectures and guiding management aspirants in pursuing the most rational career path, Professor Dipankar Dey, Associate Dean at IBS Kolkata travelled across borders to Istanbul in order to present his paper 'From a Self Sustaining Buddhist Economy to an Emerging Indigo Economy - A Case Study on Indias Development Process' (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1850408) at the 9th International Conference of the European Society for Ecological Economy, ESEE 2011, June 14-17 2011held at Bogazici University, Istanbul. The fact that there had been observed a stark transformation in the Indian economy, the evolution of an emerging indigo economy from the roots which defined a self sustaining Buddhist economy has been elucidated through thorough research and scrutinized understanding of the core of the nations economic dynamics in this paper. The city once known as Constantinople, the city once ruled by the Ottomans, the city elected as A Joint European Capital of Culture in 2010...; Istanbul is also the 3rd largest Metropolitan area in Europe and the financial centre of Turkey. Our scholar was embraced warmly amongst such cultural heritage and his experience was simply fascinating as eventually there was cerebral sharing of knowledge and an immensely intensified learning phenomenon in the process. As we share a few memoirs of this wonderful tour of the professor, we further would like to wish him success in all future explorations and expeditions.

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Deepakesh

Satavisha Ghosh

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Satavisha Ghosh

Satavisha Ghosh

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Address: WDC Building, J3, Block GP, Sector-V, Salt Lake City, Kolkata 700-091.

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