MIRA INFORM REPORT

 

 

Report Date :

12.03.2008

 

 

IDENTIFICATION DETAILS

 

Name :

VIVEKANANDA COLLEGE OF ENGINEERING

 

 

Registered Office :

Tiruchengode, Namakkal District, Elayampalayam, 637205, Tamilnadu, India

 

 

Country :

India

 

 

Date of Incorporation :

2001

 

 

Legal Form :

Education Institution

 

 

Line of Business :

Subject is an Educational Institution

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established and reputed Educational Institute. Nothing adverse reported.  Payments are reported as usually correct and as per commitments.

 

The Institute can be considered good for any normal business dealings..

 

 

 

 

LOCATIONS

 

Registered Office :

Tiruchengode, Namakkal District, Elayampalayam, 637205, Tamilnadu, India

E-Mail :

info@vivekanandha.org ,

vivekaadmission@yahoo.co.in

vivekaadmission@rediffmail.com

Website :

www.vivekanandha.org

 

 

 

Paramedical Campus

Tel. No.:

91-4288-234670 (8 Lines)

Fax No.:

91-4288-234890

 

 

 

Arts Campus

Tel. No.:

91-4288 - 234560 (7 lines)

Fax No.:

91-4288-234892

 

 

 

Engineering Campus

Tel. No.:

91-4288 - 234060( 4lines)

Fax No.:

91-4288-234894

 

 

 

Chairman Office

Tel. No.:

91-4288 - 234417

Fax No.:

91-4288-234891

 

 

 

Admission office

Tel. No.:

91-9443734427/34670.

Fax No.:

91-4288-234890

 

 

 

Administrative Office

Tel. No.:

91-9443734437

 

 

MANAGEMENT

 

Name :

Dr. M. Karunanithi,

Designation :

Chairman & Secretary

Qualification :

B. Pharm , M.S.,Ph.D

 

 

Name :

Mrs. K. Krishnaveni

Designation :

Member

Qualification :

M.A

 

 

Name :

Mr. S. MuthuGounder

Designation :

Member

 

 

Name :

Mr. S. Meganathan,

Designation :

Member

Qualification :

M. Sc(Agri)

 

 

Name :

Mr. M. Chokkalingam

Designation :

Member

Qualification :

M. Sc. ,B. Ed.

 

 

Name :

Mr. T. C. Vidhyasankar

Designation :

Joint Managing Director

 

 

Name :

Mr. Selvaraj

Designation :

Textile Industrialist Tiruchengode

 

 

Name :

Dr. Muthuselvi

Designation :

Principal, VCW, Elayampalayam

 

 

Name :

Dr. D. Devadha

Designation :

Principal, VICAS, Elayampalayam

 

 

Name :

Dr. V. Palanisamy

Designation :

Principal, Govt. College Technology, Coimbatore

 

 

Name :

Dr. N. Rengarajan

Designation :

Member-Secretary

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is an Educational Institution

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

NA

 

 

LOCAL AGENCY FURTHER INFORMATION

 

 

VIVEKANANDHAA COLLEGE OF ENGINEERING FOR WOMEN was started in the year 2001 with the objective to mould Engineering graduates, to extent the frontiers of knowledge and to serve the educational and technical needs of the community. The college is affiliated to Anna University and approved by AICTE. Educating women benefits the society as a whole. Their Engineering programs are for creating capable and effective engineers with the emphasis firmly based on technology and management knowledge, skills acquisition, co operative learning and personal developments.

 

ENGINEERING

The application of computers in the modern world is unlimited. Computers are extensively used in research and development. As the use of computers is manifold, the demand for trained professionals is also increasing. Openings for computer graduates are too vast and expanding.

 

FACILITIES

The institution has always kept its target by providing computers in 1:1 ratio to the students. The departments is well equipped with the latest computers of Pentium IV 2.6 GHz, with multimedia kit and softwares like Rational Rose, Oracle, and Visual studio etc. the department provides 2 Mbps wireless internet connectivity service capable of connecting 300 systems at a time. The department besides other facilities also has:

 

• Data structures and Algorithms Lab
• System Software and DBMS Lab
• Object Oriented programming Lab
• Network Programming Lab
• Compiler Lab
• Operating Systems Lab
• Software Development Lab

 

 

DEPARTMENT OF ELECTRONICS AND COMMUNICATION ENGINEERING

The department can be mentioned as a boon for scientific knowledge, which is needed as the driving force to meet the latest technical challenges.

 

FACILITIES

The department provides excellent lab facilities such as electronic devices & circuits lab, communication lab, microprocessor lab, digital signal processing lab, Electronic system design lab, Fibre optic & Microwave lab, and Radio Frequency lab with advanced and sophisticated equipments.

 

 

DEPARTMENT OF ELECTRICAL AND ELECTRONICS ENGINEERING

The department aims at providing skill – based education and strives to produce eminent, competitive and enthusiastic electrical engineers with advanced technology to cater to the requirements of Industries.

 

Facilities:

The department provides various lab facilities such as DC machines lab, AC machines lab, Control system lab, Power electronics lab, Electronic circuits and devices lab, Measurement and application lab, Simulation lab and Electrical Workshop. All the laboratories are well equipped with state – of -  the -  art  equipments.

 

 

B.E. ELECTRONICS AND INSTRUMENTATION ENGINEERING

In the era of automation in Industries, Electronic Instruments  pay a vital role.  The course Electronics and Instrumentation Engineering  gives in depth knowledge in the application of electronic gadgets in modern machineries and plants .

The Electronics and Instrumentation Engineering department impart quality education.  The laboratories are will established and having sophisticated  instruments to acquire skill.

 

 

B. TECH BIO-TECHNOLOGY

Biotechnology is a field that offers an interface between the widest range of sciences, beginning from Biosciences to chemical sciences, Medical engineering to different branches of Engineering. With its increasing popularity due to its use in various commercial applications – from agriculture to pharmaceuticals, the institution has foreseen a visible urgency to model up appropriate study courses. Biotechnology is poised to experience a new wave in the coming years.

 

FACILITIES:

The department has well established laboratory with sophisticated equipment like Fermenters,  HPLC Unit, sonicator, Gel Documentation, UV visible spectrophotometer, Gas Chromatography, Fluorescent Microscope, Ultra Centrifuge, CO2 incubator, Bio informatics lab supported by relevant softwares

 

 

B. TECH INFORMATION TECHNOLOGY

 

DEPARTMENT OF INFORMATION TECHNOLOGY

The era of computing and IT education is changing so fast that the restructuring of courses and curricula presents a big challenging to educationists.

 

The Information Technology department gives quality education and good infrastructure to the students. Ubiquitous computing is fast becoming a reality in India through devices like  PDAs, Cellular Phones, Laptop, Tables PCs, etc. Business have also started realizing the immense potential in these emerging technologies and is focusing on usage of devices that improve productivity. In order to acquaint students with the growing opportunities in this area and to enhance their career prospects, the college periodically organizes seminars and workshops.

 

FACILITIES:

The department is well equipped with Pentium IV 2.6 GHz multimedia packages like Adobe Photoshop, Macromedia Flash, Macromedia Dream Waver & Software like Rational Rose, Oracle, Visual Studio etc. The department provides 1Mbps Wireless Internet connectivity service capable of connecting 150 systems at a time. The department has UNIX / DBMS lab, System Programming Lab, Multimedia Lab, Visual Programming Lab, Case Tool Lab, Networking Lab, and Software Component Lab. Separate Lab  facilities are provided for final year students to do their project work.

 

Location:

Vivekanandha Educational Institutions are situated at Elayampalayam, Tiruchengode, Namakkal District of TamilNadu, on either side of Erode-Namakkal state highway.

 

The campus is 6 Kms away from tiruchengode,
26 Kms from Erode,
30 Kms from Namakkal
53 Kms from Salem
26 Kms from Coimbatore,
Nearest Railway station is Erode and Sankagiri
Nearest Airport is Coimbatore and Trichy

 

 

DEPARTMENT OF COMPUTER SCIENCE AND ENGINEERING

The application of computers in the modern world is unlimited. Computers are extensively used in research and development. As the use of computers is manifold, the demand for trained professionals is also increasing. Openings for computer graduates are too vast and expanding.

 

Facilities:

The department has well equipped computing laboratories with Pentium IV 3.0GHz PCs and a rich repository of software covering a wide spectrum of applications. The institution has always kept its target by providing computers in 1:1 ratio to the students. The department provides 1 Mbps Wireless Internet connectivity service capable of connecting 150 terminals at a time. The department has all facilities to conduct the following labs:

 

DEPARTMENTAL LIBRARY

The department library has about 500 books and manuals relating to latest computer languages and packages and reference manuals. It has good collection of CDs including computer-based tutorials teaching various areas of computer science. There are also magazines and journals of interest to computer science available for reference. The departmental library has computer facilities for effective use of the CD based materials and Internet access.

 

Faculty Expertise:

The department has experienced faculty members specialized in Artificial Intelligence, Expert Systems, Neural Networks, Software Engineering, Networks, OOPS and related fields.

 

ADMISSION PROCEDURE

Prospectus and application for various courses may be obtained from the admission office of Vivekanandha Educational Institutions

All the applications duly filled in should be sent by registered post to the admission office before the stipulated date. Applications can also be directly submitted to the admission office.

The following photocopies of the testimonials should be enclosed along with the filled in application.

 

• Mark sheet of the qualifying examination or equivalent.
• Provisional / Degree certificate of the qualifying examination.
• Transfer & conduct certificate from the institution last studied.
• Community certificate
• Migration certificate for other state candidates.
• SSLS certificate
• Medical fitness certificate.
• Five passport size & five stamp size photographs of the applicant.
• Other necessary documents.

 

All the above original certificates should be submitted at the time of admission

 

Admissions are made to this college on the clear understanding that those who are admitted will fully accept and abide by the rules and regulations in force and those which may be enforced or modified as and when required. Any dispute that may arise would be subject to Tiruchengode jurisdiction only.

 

All admissions will be done according to the guidelines of the Government of Tamil Nadu and the Hon. Supreme court.

 

 

THEIR HOSTEL

The management provides a state of the art hostel to all the inmates. The facility caters to and looks after the needs of the college campus, the well furnished hostels are equipped with all modern amenities and are efficiently administrated to provide right atmosphere for student life and assures safety and security to their students.

 

Separate Hostels are available for paramedical, arts & Science, Engineering, Education, Physical Education and teacher training Institution. As present more than 3500 students accommodated in the hostels. All efforts have been made to serve a wide variety of food to cater their diverse tastes. The monthly mess bill is calculated an dividing bases.

 

 

MEDICAL SERVICES AND HEALTH CARE

The college has a modern, well-equipped 100-bedded general hospital where students can get excellent medical attention and guidance on health related issues. A super speciality eye hospital is running inside the campus. In addition to this, individual hostels are provided with full time residential doctors. Round the clock ambulance services are available in all the hostels.

 

 

 

 

 

 

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                  None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 40.47

UK Pound

1

Rs. 81.27

Euro

1

Rs. 62.11

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions