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Report Date : |
29.07.2013 |
IDENTIFICATION DETAILS
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Name : |
INDIAN INSTITUTE OF TECHNOLOGY |
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Registered
Office : |
Vishwakarma Government Engineering College Complex, Chandkheda, Visat-Gandhinagar Highway, Ahmedabad - 382424, Gujarat |
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Country : |
India |
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Year of
Incorporation : |
2008 |
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Legal Form : |
Educational Institute |
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Line of Business
: |
Providing education in varied fields. |
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No. of Employees
: |
Not Divulged |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (48) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is a well established and reputed institute having a
satisrfactory track record. The management of the subject is a well experienced, knowledgeable and
efficient people. It is engaged in providing education in varied fields. It aims to
create excellence in scuience, technology as well as humanities and social sciences
and thereby creat rounded and nuanced minds. Trade relations are reported as decent. Business is active. Payement
terms are usually correct. The institute can be considered for business dealings at usual trade
terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION DECLINED
MANAGEMENT NON-COOPERATIVE (Tel. No. 91-79-32419484)
LOCATIONS
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Registered Office : |
Vishwakarma Government Engineering College Complex, Chandkheda, Visat-Gandhinagar Highway, Ahmedabad - 382424, Gujarat, India |
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Tel. No. : |
91-79-32419484 |
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Fax No. : |
91-79-23972324 / 23972583 |
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E-Mail : |
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Website : |
MANAGEMENT
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BOARD OF
GOVERNORS |
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CHAIRMAN : |
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Name : |
Dr Baldev Raj |
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Designation : |
President (Indian National Academy of Engineering) |
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Address : |
New Delhi – 110016, India |
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MEMBERS |
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Name : |
Prof. S. P. Sukhatme |
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Designation : |
Former Director, (IIT Bombay and Former Chairman, Atomic Energy Regulatory Board) |
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Address : |
Mumbai – 400076, Maharashtra, India |
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Name : |
Prof. Surendra Prasad |
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Designation : |
Former Director (IIT Delhi Indian Institute of Technology
Delhi) |
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Address : |
New Delhi – 110016, India |
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Name : |
Prof. Deepak B. Phatak |
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Designation : |
Members (Subrao M. Nilekani Chair Professor Kanwal Rekhi School of Information Technology Indian Institute of Technology Mumbai) |
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Address : |
Mumbai – 400076, Maharashtra, India |
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Name : |
Mr. Kamal Nanavaty |
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Designation : |
President (Strategy
Development Reliance Industries Limited) |
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Address : |
Mumbai – 400005, Maharashtra, India |
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Name : |
S. S. Sidhu |
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Designation : |
Director (Technical Education U. T. Administration of
Daman and Diu Secretariat) |
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Address : |
Moti, Daman – 396220, Daman and Diu, India |
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Name : |
Dr. Varesh Sinha |
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Designation : |
Chief Secretary (Government of Gujarat) |
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Address : |
Gandhinagar – 382010, Gujarat, India |
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Name : |
Prof. G. K. Sharma |
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Designation : |
Visiting Professor (Indian Institute of Technology) |
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Address : |
Gandhinagar, Ahmedabad – 382424, Gujarat, India |
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Name : |
Prof. N. Ramakrishnan |
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Designation : |
Visiting Professor (Indian Institute of Technology Gandhinagar) |
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Address : |
Gandhinagar, Ahmedabad – 382424, Gujarat, India |
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Name : |
Prof. Sudhir K. Jain |
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Designation : |
Director (Indian Institute of Technology Gandhinagar) |
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Address : |
Gandhinagar, Ahmedabad - 382424, Gujarat, India |
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Qualification : |
Ph.D. (California Institute of Technology Pasadena, 1983) |
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Profile : |
Dr. Sudhir K. Jain is an outstanding academician,
accomplished leader in academic administration and a reputed engineering
consultant. He is a world renowned expert in the field of earthquake
engineering and structural engineering. He received his B.E. degree from the
University of Roorkee and MS and PhD degrees from California Institute of
Technology, Pasadena, USA. He is on the Faculty of Civil Engineer, IIT Kanpur
since 1984. He accepted the position of Director, IIT Gandhinagar in June
2009. |
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SECRETARY : |
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Name : |
Mr B. S. Punalkar |
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Designation : |
Registrar (Indian Institute of Technology Bombay) |
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Address : |
Powai, Mumbai – 400076, Maharashtra, India |
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ACADEMIC OFFICIALS |
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Name : |
Prof. Sudhir K. Jain |
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Designation : |
Director |
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Name : |
Prof. Ashwini Kumar |
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Designation : |
Professor in-charge, Planning and Resources |
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Name : |
Prof. Jaison A. Manjaly |
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Designation : |
Dean, Student Affairs |
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Name : |
Prof. Naran M. Pindoriya |
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Designation : |
Chairman, Student Placement Committee |
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Name : |
Prof. Sharmita Lahiri |
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Designation : |
Head, Counseling Service |
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Name : |
Prof. Sudhanshu Sharma |
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Designation : |
Warden, Ashok Vihar Hostel |
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Name : |
Prof. Atul Bhargava |
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Designation : |
Warden, Boy’s Hostel |
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Name : |
Prof. Arnapurna Rath |
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Designation : |
Warden, Girl's Hoste006C |
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Name : |
Prof. S. P. Mehrotra |
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Designation : |
Professor-in-charge, External Relations |
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Name : |
Prof. Ravikumar Bhaskaran |
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Designation : |
Honorary Advisor, External Affairs |
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Name : |
Prof. Abhijit Mukherjee |
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Designation : |
Dean, Research and Development |
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Name : |
Prof. D. V. Pai |
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Designation : |
Professor in-charge, Sciences & HSS Disciplines |
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Name : |
Prof. Amit Prashant |
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Designation : |
Dean, Academic Affairs |
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Name : |
Prof. D. P. Roy |
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Designation : |
Professor in-charge, Engineering Disciplines |
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Name : |
Prof. G. K. Sharma |
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Designation : |
Professor in-charge, Faculty Affairs |
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Name : |
Prof. S. S. Major |
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Designation : |
Convener, IITGN Cell, IIT Bombay |
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Name : |
Prof. Achal Mehra |
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Designation : |
Dean, Strategic Planning and Special Initiatives |
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GENERAL ADMINISTRATION |
· Mr. B. S. Punalkar, Mentor Registrar, IIT Gandhinagar and Registrar, IIT Bombay · Mr. D. S. Gupta, Senior Assistant Registrar, IITGN Cell, IIT Bombay · Mr. Ram Babu Bhagat, Assistant Public Information Officer (also Assistant Registrar , Academic) · Ms Sunita Menon, Coordinating Officer · Mr. Jithesh V. K., Junior Superintendent · Ms. Timir Darji, Junior Assistant |
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LIBRARY : |
· Dr. T. S. Kumbar, Librarian · Ms. Pannaben Chaudhari, Sr. Lib. Inf. Assistant · Ms Parul Chavda, Library Trainee · Ms Raksha Jain, Library Trainee · Mr Manu T.R., Library Trainee · Mr Nipul Shihora, Library Trainee |
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ESTATE AND WORKS : |
· Mr. L. P. Srivastava, Advisor (Works) · Ar. Shobhit Tayal, Owners Architect · Mr. B. V. Puvar, Security Advisor · Mr. Harshad Mandalia, Senior Executive Engineer · Mr. Dharmesh Patel, Project Manager · Mr Rajeev Raizada, Senior Assistant Engineer and Estate Officer · Mr. P.H. Yadav, Horticulture In-Charge · Mr. Krishna Anand, Architect · Mr. Dharmendra S. Panchal, Junior Engineer · Mr. Nilesh Soni, Junior Engineer · Mr. Nand Lal Vishwakarma, Junior Superintendent · Mr. R.J. Upadhyay, Maintenance Supervisor · Mr. Santosh Raut, Caretaker, Guest House (also PS to Director) · Mr. Sanjeev Pandey, Caretaker, Transport Services (also Junior Accounts Officer) · Mr. Yashwant Chauhan, Manager, Hospitality Section |
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FINANCE AND ACCOUNTS : |
· Mr. Shashin A. Raval, Assistant Registrar (Finance and Accounts), (also Public Information Officer) · Mr. Sanjeev Pandey, Junior Accounts Officer · Mr. Harshad Patel, Junior Accountant · Ms. Arika Patel, Junior Accountant · Mr. Subhash Tewari, Sr. Accounts Assistant |
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ACADEMIC : |
· Mr. Ram Babu Bhagat, Assistant Registrar (Academic), (also Assistant Public Information Officer) · Mr. Shreejit B Menon, Junior Superintendent, (also PS to Dean Academic Affairs) · Mr. Piyush Vankar, Junior Assistant · Mr. Pavitra Kumar Rout, Senior Office Assistant |
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MATERIALS MANAGEMENT : |
· Mr. Pijush Majumdar, Assistant Registrar (Material Management) · Ms. Twinkle Patel, Junior Accounts Officer · Mr. Darshan Patel, Junior Assistant · Mr. Sujit Shah, Junior Assistant · Ms. Kamini Patel, Junior Assistant |
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EXTERNAL RELATIONS : |
· Ms. Meena Joshi, Assistant Registrar (External Relations) · Ms. K. Naga Mouli, Executive Officer · Mr. Dayananda Meitei, Communication and Media Relations Officer · Mr. Gaurav Shukla, Junior Superintendent (also PS to Professor in charge R & D) · Ms. Ritu Agarwal, Information Officer · Mr. Sunny Thomas, Junior Lab. Assistant, Web Developer · Mr. Nishant Nandan, Administration Assistant |
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IT SERVICES : |
· Mr. Sanket Patel, Junior Technical Superintendent · Mr. Rohit Chaudhary, Junior Technical Superintendent · Mr. Dharmeshkumar V. Kapadiya, Junior Lab. Attendant · Mr. Dinesh B. Desai, Junior Lab. Attendant · Mr. Shashikant Patel, Laboratory Associate |
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DIRECTOR'S OFFICE : |
· Mr. Santosh Raut, PS to Director (also Caretaker, Guest House) · Ms. Komal Vadhvani, Junior Assistant, PA to Director · Mr. Rakesh Kumar Chaudhary, Junior Research Engineer · Mr. Prabhuji Thakor, Junior Lab. Attendent |
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HEALTH AND FITNESS : |
· Dr. Deepa Shah, Medical Consultant · Dr. K. V. Mehta, Medical Consultant · Dr. Amrita Narayana, Psychologist · Mr. Manu Pratap Singh, Physical Education Coordinator · Ms. Jasbir Kaur Thadani, Counselor · Mr. Mukesh Sharma, Medical Assistant · Mr. Vishal M. Soni, Physical Fitness and Gymnasium Instructor |
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STUDENT AFFAIRS : |
· Mr C.S. Sharma, Consultant · Ms. Mansi Goel, Junior Placement Executive · Mr. Amit Purohit, Assistant Placement Executive · Mr. Viral Y. Shah, Junior Superintendent, PS to Associate Dean (Student Affairs) and caretaker Boys Hostels (also PS to Chairman, Faculty Search Committee) · Ms. Parul Vankar, Caretaker Girl's Hostel |
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FACULTY AFFAIRS : |
· Mr. J. S. Rawat, Office Secretary, PS To Professor-in-charge, Faculty Affairs · Ms. Ankita Bhandari, Trainee Office Executive · Mr. Shailesh Patni, Trainee Office Assistant |
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LABORATORIES AND CLASS ROOMS : |
· Mr. S. S. Bhatnagar, Consultant Electrical Engineer – (Electrical) · Mr. Nitin Shukla, Research Engineer- (Civil) · Mr. Ashwin K., Junior Technical Superintendent - (Mechanical) · Mr. Pragnesh Parekh, Junior Technical Superintendent- (Electrical) · Mr. Ankur K. Navdiwala, Junior Lab. Assistant - (Electrical) · Mr. Palak R. Bagiya, Junior Lab. Assistant- (Electrical) · Mr. Hiren P. Vadhavana, Junior Lab. Assistant- (Electrical) · Mr. Sanjaykumar K. Kachiya, Junior Lab. Assistant- (Mechanical) · Mr. Sanjay T. Patel, Junior Lab. Assistant- (Mechanical) · Mr. Jignesh S. Patel, Junior Lab. Assistant - (Chemistry) · Mr. Ramesh Bhai, Workshop Mechanic - (Mechanical) · Mr. Kishunpal Yadav, Laboratory Technician - (Civil) · Mr. Supresh Thaleshwari, Junior Lab. Attendant - (Chemical) · Mr. Tushar H. Brahmbhatt, Junior Lab. Attendant - (Electrical) · Mr. Prajapati R. Lalsaheb, Junior Lab. Attendant - (Mechanical) · Mr. Babloo, Junior Lab. Attendant - (Mechanical) · Mr. M Armugam, Junior Lab. Attendant - (Mechanical) · Mr. Mayur N. Chauhan, Junior Lab. Attendant - (Physics) · Mr. Bhikhabhai Patel, Junior Lab. Attendant - (Shed-III) · Mr. Ashish Pandey, Workshop Mechanic – (Mechanical) |
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FINANCE COMMITTEE |
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Name : |
Dr R. A. Mashelkar, FRS |
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Designation : |
Chairman, Board of GovernorsIndian Institute of Technology Gandhinagar Ahmedabad |
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MEMBERS |
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Name : |
Prof. Sudhir K. Jain |
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Designation : |
Director Indian Institute of Technology Gandhinagar Ahmedabad |
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Name : |
Ashok Thakur, IAS |
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Designation : |
Special Secretary (Higher Education) MHRD, Government of India New Delhi |
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Name : |
Ajay Jha |
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Designation : |
Financial Advisor MHRD (AS&FA), Government of India New Delhi |
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Name : |
Prof. S. C. Sahasrabudhe |
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Designation : |
Director Dhirubhai Ambani Institute of Information and Communication Technology Gandhinagar |
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Name : |
Prof. S. L. Narayanamurthy |
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Designation : |
Visiting Professor Indian Institute of Technology Gandhinagar Ahmedabad |
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SECRETARY : |
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Name : |
Mr. B. S. Punalkar |
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Designation : |
Registrar, IIT Bombay |
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BUILDING AND WORKS COMMITTEE |
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CHAIRMAN : |
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Name : |
Prof. Sudhir K. Jain |
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Designation : |
Director Indian Institute of Technology Gandhinagar Ahmedabad |
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MEMBERS : |
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Name : |
Mr. Kiran S. Wagh |
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Designation : |
Chief Advisor (Civil Infrastructure) Indian Institute of Technology Bombay Mumbai |
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Name : |
Mr. R. Subramanian |
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Designation : |
Former Additional Director- General Central PWD New Delhi |
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Name : |
Prof. N. Chhaya |
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Designation : |
Dean, Faculty of Architecture CEPT University Ahmedabad |
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Name : |
Mr. N. K. Patel |
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Designation : |
Chief Engineer Roads and Buildings Department Government of Gujarat Gandhinagar |
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SECRETARY : |
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Name : |
Mr. B. S. Punalkar |
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Designation : |
Registrar, IIT Bombay |
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SENATE (AS ON MARCH 31, 2012) |
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CHAIRMAN : |
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Name : |
Prof. Sudhir K. Jain |
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Designation : |
Director Indian Institute of Technology Gandhinagar Ahmedabad |
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MEMBERS : |
· Prof. D. V. Pai · Prof. S. L. Narayanamurthy · Prof. D. P. Roy · Prof. G. K. Sharma · Prof. B. D. Agarwal · Prof. Naresh Jotwani · Prof. S. S. Major · Prof. N. Ramakrishnan · Prof. Murali Damodaran · Prof. Nityanand Prabhu · Prof. Ashwini Kumar · Prof. Amit Prashant · Prof. Vinod Narayanan · Prof. Jaison Manjaly · Prof. Sharmita Lahiri · Prof. Iti Gupta · Prof. Arup Lal Chakraborty · Prof. Supreet Saini · Prof. Surendra Ranganath · Prof. Vedant Kadambi · Prof. A. Ramanathan · Prof. Ramesh Gaonkar · Prof. Sameer Dalvi · Prof. K. V. V. Murthy · Prof. Raghavan Rangarajan · Prof. Pawan Lingras · Prof. N. V. Suryanarayana · Prof. Joycee Mekie |
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INVITEES : |
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Name : |
Mr. Shashank Pandey |
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Designation : |
Student Senate Representatives |
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Name : |
Mr. Ajinkya Kulkarni |
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Designation : |
Student Senate Representatives |
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Name : |
B. S. Punalkar |
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Designation : |
Secretary |
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STANDING COMMITTEES
OF THE SENATE (AS ON MARCH 31, 2012) |
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SENATE ACADEMIC
PERFORMANCE EVALUATION COMMITTEE (SAPEC) : |
· Prof D. V. Pai, Convener · Prof. K.V.V.Murthy · Prof.Nitin Padhiyar · Prof. Jaison Manjaly · Prof. AjantaSachan |
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SENATE SCHOLARSHIPS
AND PRIZES COMMITTEE (SSPC) : |
· Prof. Jaison Manjaly, Chairman · Prof. N. Ramakrislman · Prof. SharinitaLahiri · Prof. K. Ragavan · Prof. Cliiiimav Ghoroi |
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SENATE ACADEMIC
PROGRAMMES COMMITTEE (SAPC) : |
· Prof. Amit Prashant, Chairman · Prof. D.P.Roy · Prof. SurendraRanganath · Prof. S. L. Narayanamurthy · Prof. Sriram Kanvah · Prof. Joycee Mekie · Prof. Vinod Narayanan · Prof. Sameer Dalvi · Prof. SharmitaLahiri · Mr Subhash Kunche, Student Senate Nominee · Mr Luv Gupta, Student Senate Nominee |
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SENATE STUDENT
AFFAIRS COMMITTEE (SSAC) : |
· Prof. Jaison Manjaly, Chairman · Prof. Surendra Ranganath · Prof. N. Ramakrislman · Prof. SuchiraSen · Prof. Nardil Pindoriya · Mr Shashank Pandey, Student Senate Nominee · Mr Ajinkya Kulkarni, Student Senate Nominee · Ms Kirti Jain, Student Senate Nominee · Mr Ravi Agarwal, Student Senate Nominee |
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SENATE LIBRARY
COMMITTEE : |
· Prof. Samccr Dalvi, Chairman · Prof. Joycee Mekie · Prof. Atul Bhargav · Prof. AbhijitMishra · Prof. Rita Kothari |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm
/ promoter involved in |
----- |
|
23] |
Banking Details |
No |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking
account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |
No |
|
34] |
External Agency Rating,
if available |
No |
ABOUT INSTITUTE
The Indian Institute of Technology Gandhinagar (hereafter IITGN) was founded in the year 2008. It is currently located in Chandkheda, which is about a 15-minute drive from both Ahmedabad and Gandhinagar, Gujarat. Ahmedabad is one of the oldest living cities in India, known both for a rich cultural past as well as state-of-the-art infrastructure, thriving industries, and many modern amenities. It is also the hub of prestigious academic and research institutes such as the Indian Institute of Management, Ahmedabad and the National Institute of Design. Gujarat’s long standing mercantile and business tradition encourages excellence and entrepreneurship.
IITGN is in the process of building its permanent campus in
Gandhinagar, the capital of Gujarat, a city that expresses the state’s vision
of modernity. Despite operating from a temporary campus at the Vishwakarma Government
Engineering College, Chandkheda, IITGN has excellent facilities in terms of
classrooms, laboratory spaces, faculty offices, etc. IIT Gandhinagar currently
offers a 4-year B. Tech. programme in Chemical, Electrical and Mechanical
Engineering and an M. Tech. programme in Chemical, Civil, Electrical,
Mechanical Engineering and in Metallurgy Materials Science. In addition, the
Institute offers the students the option to do a Minor in Computer Science or
Management along with their B. Tech. degrees. It also offers Ph.D. progammes in
several disciplines in Engineering (Chemical, Civil, Computer Science,
Electrical, Mechanical, and Metallurgy & Materials Science), Sciences
(Chemistry, Physics and Mathematics) and Humanities and Social Sciences (Cognitive
Science, English, Philosophy, Sociology and others). IITGN goes many
steps beyond the call and definition of a technology Institute, it aims to
create excellence in science, technology as well as the Humanities and Social
Sciences and thereby create rounded and nuanced minds.
SUPPORT FOR IIT
GANDHINAGAR
Major Grant from the
Government of Gujarat
Technology Incubation and Development of Entrepreneurs Centre Government of India establishes Chair at IITGN Research on Solar Power Systems get boost Scholarship support from Neotia Foundation Nilekani Fund at IIT Gandhinagar Motwani Fund at IITGandhinagar Major Grant from the Government of Gujarat The Government of Gujarat has sanctioned a grant of Rs 1,000 lakh to set up a Centre of Excellence in Biomedical Engineering at IITGN. The Centre will focus on research and development in the areas of biomedical engineering, healthcare technology, biochemical engineering, pharmaceuticals, and nanotechnology. The Centre's efforts will focus on the development of low-cost diagnostic techniques and low-cost prosthetic devices for rural areas, and efficient drug delivery techniques. The activities envisioned include the development of relevant technologies, entrepreneurial ventures, promoting industry-academia collaborations and dissemination of knowledge in allied fields.
Technology Incubation
and Development of Entrepreneurs Centre
A Technology Incubation and Development of Entrepreneurs Centre is being set up at IITGN with an initial grant of Rs 1.55 crores from the Department of Information Technology, Government of India . It will provide a platform to the students of the Institute to develop technologies for commercialization for entrepreneurship. The mandate of this Centre resonates with IITGN's vision that its graduates should create jobs rather than seek them.
Government of India
establishes Chair at IITGN
The Ministry of Earth Sciences, Government of India has sanctioned an endowment of Rs 1.5 crore to establish a
Varahamihira MoES Chair at the Institute in the area of Earth System Science and Engineering (including Earthquake Engineering, Science of Climate Change, and Ocean Science and Technology).
Research on Solar
Power Systems get boost
Research in the area of integrating distributed renewable generation into electrical grid being carried out by Prof. Naran Pindoriya and his group at IITGN got boost from support provided by Gujarat Energy Development Agency
(GEDA), Gandhinagar and NTT Facilities, Inc., Japan. Both organizations have provided one 10 kW roof-top solar photovoltaic (PV) system each to the Institute. The GEDA system (44 polyerystalline modules each rated at 230 W) is produced by Jain Irrigation Systems Ltd., India while the NTT Facilities system (64 thin-film modules each rated at 150 W) is made by Solar Frontier, Japan. These PV systems are expected to generate a total of about 30,000 kWh of electricity every year and reduce CO2 emissions by about 28 tonnes. These systems are already operational and being used for research work of solar PV, and also reduce the energy bills of the Institute. Underwriters Laboratories, USA has also shown interest in this research work.
Scholarship support
from Neotia Foundation
Shri Suresh Neotia, member of the BoG of IITGN has donated through Neotia Foundation a sum of Rs. 4.5 lakh to support Ph. D. research in the area of Cognitive Science. Shri Neotia was born and raised in Kolkata and hails from a family that has been successful in business for over 100 years. He completed his B. Com. degree from St. Xavier's College, Kolkata and LLB from Kolkata University. He
is currently the co-promoter and Chairman of Gujarat Ambuja
Cements Ltd.
Nilekani Fund at IIT
Gandhinagar
Mr Nandan Nilekani has donated Rs 25 lakh to initiate the Nilekani Fund at IIT Gandhinagar to support initiatives of excellence and pursue areas of high priority at the Institute. Mr Nilekani, a visionary, is an alumnus of IIT Bombay, and currently heads the Unique Identification Authority of India (UIDAI) project of the Government of India. A co-founder of NASSCOM and of Infosys Technologies Ltd, Mr Nilekani served as the CEO of Infosys from 2002-2007. In 2006, the Government of India conferred the Padma Bhushan on Mr Nilekani in recognition of his distinguished service to the nation.
Motwani Fund at IIT
Gandhinagar
The Motwani Fund was instituted at IIT Gandhinagar with an initial donation of USD 50,000 thanks to the philanthropic efforts of Ms Asha Jadeja, wife of Late Prof. Rajeev Motwani. Prof. Motwani was an alumnus of IIT Kanpur and did his Ph. D. at the University of California, Berkeley. As a professor of Computer Science at Stanford University, he carried out pioneering research in the areas of web search, robotics and theoretical computer science. Ms Jadeja, originally from Ahmedabad, did her graduate studies at USC, UC Berkeley, and Stanford University. She is actively involved in philanthropic educational initiatives in India and in the USA. She also mentors many startups in the Bay Area. The Motwani Fund will support excellence and high-priority initiatives at the Institute.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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 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.58.91 |
|
|
1 |
Rs.90.68 |
|
Euro |
1 |
Rs.78.22 |
INFORMATION DETAILS
|
Information
Gathered by : |
PLK |
|
|
|
|
Report Prepared
by : |
MRI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
48 |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
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 |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.