Monthly Archives: March 2011

Corporate Feedback For Campus Placement

It was indeed my pleasure to be at MIT.  Looking forward for a long term association.


Shubhada Paranjape
Fast Track Software Services Pvt Ltd


We extend our heartful thanks to the entire team for being with us through the process and ensuring the class ambience and the best arrangements. MIT certainly holds a significant contribution in our aggressive and progressive growth plans.

Best Regards,

Manager Human Resources
Kosan Crisplant India

Thank you so much for extending a very cordial environment at MITSOT. It was a very good insight into the facilities and infrastructure at MIT Group and I am sure your college will go a long way from here by leveraging this truly world class infrastructure.

Thanks again and we look forward to extending our relationship in future.

Best Regards

Siddhartha Tipnis
Associate Director

HR Summit 2011 Corporate Feedback

For More details & photos of event

It was indeed a pleasure for me to be present at the occasion.
I wish the institute all the best for such initiatives.

Better Together,
Sudhanshu Mishra
Head HR

The pleasure is indeed ours. It was good to interact with the fine , young and bright students and share experiences with them. Thank you for the warm welcome during the event!
Industry-academic interactions are very important for the student’s career as they get the real perspective of how things work and what is expected out of them.

With Regards,
Director HR

It was a pleasure to meet you and the students on Friday. I enjoyed every moment with your team. Thanks a ton for the warm hospitability extended.

Head HR

It was refreshing to talk with and share thoughts with the students.
Thanks for the opportunity.

Associate Senior Manager – HR
Persistent Systems

Corporate Feedback for CII –MITSOT Teletech 2011

Many thanks!  It was our pleasure to be partnering with you.

Kind regards
Sandeep Ladda
PwC , Executive Director/Partner

The event was a big success. I could see all of your team effort behind it. Hearty Congratulations!

Avinash Joshi
Network Technology Solutions and Services, Tech Mahindra

It was a pleasure to be part of this initiative and I hope to continue being associated with this in the years to come. Look forward to many more touch points in the coming weeks as we work together on the Android Application development.


R. Venkateswaran
Business Head, Telecom BU

First of all let me congratulate you for another successful event in the Teletech series. I honestly believe this was an ideal and a well organized platform for the academia and industry to interact and share their views on current industry challenges and way forward.


Vaibhav Dongre
Sr. Manager Marketing – NTSS,Tech Mahindra

Guest Lecture on Budget

A guest lecture was organized for all the students of MITSOT on the topic: “Analysis of Union Budget: 2011” on 1st of March 2011 at 12pm.The eminent  guest for the lecture was Mr. Sumedh Gupte, Manager, Market Development, Business Standard.

Mr. Sumedh Gupte with his varied experience in the field of marketing and finance analyzed the budget comprehensively. The issues discussed during the interaction with students were as follows:

1)    Food items: The government is very keen on ensuring that inflation is curbed and food security is ensured for all citizens. Since inefficient distribution has been found to be the culprit for the sky rocketing of food prices, the FM has proposed to focus on reducing Production and Distributions bottlenecks. Food, vegetables, Meat etc will show an easing of prices in the medium term future.

2)    Education: A higher allotment of funds in the form of over 24% hike as compared to last year for the Education Sector.

3)    Income tax: More modernization of the taxation system is being mooted. A new form called “SUGAM” will make it easier for small tax payers to file their returns. A miniscule hike of Rs 20000 in the exemption limit for tax payers has been introduced. The older citizens can feel happy as the FM has decrease the income tax “senior citizen” definition from age 65 to age 60 thus giving a big benefit to those born between 1946-1951. And for those who survive all the hardships of life and live to be over 80 they get a higher limit!!

4)    Selling off PSU’s: Continuing the focus on divesting government stakes in Public Sector Undertakings the FM has proposed to look at raising Rs 40000 Crores from divestment in 11-12

5)    Foreign Investment: The business environment is set to improve for Foreign companies as the government is looking at further liberalizing the FDI policy. More Foreign Direct Investment can only be good for the economy.

6)    Infrastructure is King: Rs 214000 Crores has been allotted for infrastructure for 2011-12. An increase of over 23% over the last year. We can see better highways and transport systems in the near future which could lead to reduction in inflation in the longer term.

7)    Bring the money back: As expected the FM has taken note of the hue and cry over Black Money. Many new initiatives have been mooted to bring back black money in circulation.

8)    Air travel and Medical aid to cost more: Service tax on air travel has been hiked. Hospitals with over 25 beds will have to pay tax on all services. So those posh hospitals could be giving you higher bills in the coming year.

9)    Housing Loan: Loan limit has been enhanced to Rs 25 Lakh for housing under priority sector lending. Interest subsidy (subvention) of 1% on housing loan has been liberalized. People in the lower financial spectrum to get benefit from Mortgage Risk Guarantee Fund.

10)  Agriculture: Higher allotment under Rashtriya Krishi Vikas Yojana of Rs 7860 Crores could see more support for the agriculture sector. Special focus on Vegetables in the form of Rs 300 crore for Vegetable initiative. Agriculture credit too raised to Rs 475, 000/- Crores. Happier farmers could mean lower prices for the common man. Focus on Cold Chains and Storage could also lead to efficiency and in return reduction in prices and better quality vegetables reaching our kitchens.

Bottom line: Overall a very low key budget that has not given great cheer to any particular sector except for Agriculture and Infrastructure. But to give credit to the FM, this focus on these two most critical sectors will only mean that in the longer term all of us get to benefit from better Food stability and Better infrastructure.

India Cyclothon 2011

Pune, February 27, 2011: The enormous support of Puneites for ‘Hero Cycles India Cyclothon – Pune 2011’ has reinforced the city’s commitment to a greener and cleaner tomorrow. Today, over 5,500 cycling enthusiasts participated in various rides as part of the mega cycling event. Organized jointly by Sport18, the sports marketing
division of Network18 group and Hero Cycles, the number one cycle manufacturer in the world, the event was Pune’s largest mass mobilization cycling event.

MIT Group of Institutions has received maximum participation award in this event. On behalf of MIT Group of Institutions Dr. Milind Pande received this award by the hands of Mr Praveen Amre.
For More Photos
Over 300 students from MIT Group participated in this event in various categories.
‘Hero Cycles India Cyclothon – Pune 2011’ witnessed active participation across sectors with registrations and participation crossing the 5,500 mark. This included 98 participants for the Elite National Race, 2924 participants for LG Green Ride, 788 participants for the Corporate Ride, 843 participants for the Amateur Ride, 41 participants for the Wheel chair Ride and 925 for the Junior Ride.
The first ride of the Cyclothon, the Elite National Race was flagged off by 6:20 AM. The total prize money for this race was Rs 4 Lacs The race saw a close finish with Mr. Sarbeer Singh winning first place with 18 points (Prize: Rs. One Lac) and Mr. Amandeep Singh coming in second with 13 points (Prize: Rs. Seventy Five thousand). Mr. Atul Kumar won the third place with 10 points (Prize: Rs Fifty Thousand).
Lending his support to the initiative was Mr. Mohansingh Rajpal, Mayor of Pune. In addition to the participants from all walks of life, including amateur cyclists, cycling enthusiasts, working professionals, housewives and school children, the ‘Hero Cycles India Cyclothon – Pune 2011’ had contestants of Femina Miss India 2011 riding as
participants in the LG Green Race. Also seen pedaling away were Miss India winners Neha Hinge and Manasvi Mamgai.
Mr. Pankaj Munjal, Managing Director, Hero Motors and Hero Cycles said, “The overwhelming response from Puneites has proven that Pune is indeed India’s foremost cycling city. The cycling culture here is quite strong and we endeavour to further strengthen it by emphasizing upon the fitness and environmental benefits of cycling. Year-onyear,
the Cyclothon has received tremendous response from cycling enthusiasts across the country and we are committed to taking this event to newer heights in the coming years.”
Mr. Satish Menon, CEO Sport18 said, “We thank the citizens of Pune for supporting the Cyclothon whole-heartedly and appreciate the efforts of all our special guests for making the event memorable. We also thank the administration, the state government and the local authorities for all their support, without which an event of this scale
wouldn’t have been possible. We are confident of being back again next year for an even larger event and look forward to Puneites supporting us in full force.”