IIJT Mangalore to organize seminar on Career in Financial Planning

[email protected] (CD Network)
August 2, 2011

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Mangalore, August 2: TeamLease Services, India's largest staffing Company and Indian Institute of Job Training (IIJT), India's fastest growing vocational education company is organizing an awareness seminar on Career in Financial Planning on August 6, 2011 at Hotel Deepa Comforts, opposite Canara College, MG Road, Mangalore at 10.45 am.

The seminar jointly organized by IIJT and Financial Planning Standards Board India would throw light on Financial Planning as prospective career for graduates, undergraduates and working finance, insurance and banking professionals. For registrations contact: 0824 4277791

Sri. Krishna Palemar Hon Minister for Ecology, Environments, Port and Inland Water Transport, Govt of Karnataka will inaugurate the seminar. Air Vice Marshal KR Karnik (Retd), Director, Justice KS Hegde Institute of Management, Nitte, Mr Sanjeeva Mathur AVP, Financial Planning Standards Board of India (FPSB) will be the Guests of Honour.

About Financial Planning

Financial Planning is the process of determining how an individual can meet life goals through the proper management of his or her financial resources. Examples of life goals include a comfortable retirement, buying a home, saving for a child's education or starting a business.

A Financial Planner is someone who uses the Financial Planning process to help clients figure out how to meet their life goals. A Financial Planner can take a "big picture" view of a client's financial situation and make Financial Planning recommendations based on the client's needs in areas such as budgeting and saving, taxes, investments, insurance and retirement planning. Or, the planner may work with a client on a single financial issue but within the context of that client's overall situation.

A Financial Planner helps a client analyze either all or selected areas of his or her finances and develops a "plan" bringing together all of the client's financial goals, or provides advice on specific areas as needed. This big picture approach to a client's financial goals sets the planner apart from other Financial Advisers, who may have been trained to focus on a particular area of a client's financial life. The Financial Planning process as described on the following page distinguishes Financial Planning practitioners from other Financial Advisers.

About IIJT

Indian Institute of Job Training [IIJT] is one of India's largest and leading vocational education providers with a capacity of over 1 lakh concurrent students in courses. Started in 2006, IIJT is the fastest growing educational brand in the country with over 120 centers across the country. IIJT offers short term and long term courses in the areas of Finance, Information Technology, Retail and Sales & Marketing. The TeamLease and IIJT strategic alliance aims to help bridge the employability gap and support the industry's demand for skilled manpower.

About FPSB India

Financial Planning Standards Board India is a Public – Private Enterprise and a Professional Standards Setting body that proactively guides the development and promotion of standards for Financial Planning professionals to benefit and protect the public in the country. FPSB India closely works with all the stakeholders' viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. It is a Professional Membership & Certification organization-part of leading Global Confederation established by prominent financial service corporations with an objective to professionalize the concept of Financial Planning in India.


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News Network
January 9,2025

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

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News Network
December 31,2024

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From shocking sex scandals to high-profile scams and intense factional power struggles, Karnataka's political landscape in 2024 played out like a gripping thriller. The state's three dominant parties—Congress, BJP, and JD(S)—found themselves entangled in controversies, scandals, and unexpected alliances, keeping the political stage turbulent throughout the year.

Shocking Hassan Sex Scandal Hits JD(S)
The JD(S) faced a monumental crisis with the Hassan sex scandal involving its MP Prajwal Revanna. Allegations of sexual exploitation surfaced through pen drives containing incriminating videos, sending shockwaves across the nation. Revanna fled the country but was arrested on May 31 upon his return. The scandal not only embarrassed the JD(S) but also led to the party losing its stronghold in Hassan, a seat it had held since 1999.

Congress' Struggles with Scams and Infighting
The Congress, riding high after its 2023 Assembly poll victory, faced a series of setbacks. Chief Minister Siddaramaiah’s reputation as “Mr. Clean” was tarnished by allegations in the MUDA site-allotment scam, for which he is under court-ordered investigation. The Maharshi Valmiki Scheduled Tribes Development Corporation Limited scam also led to the resignation and arrest of Minister B Nagendra.

Adding to the Congress' woes, the BJP spotlighted a controversial marking of farmers' lands as Waqf properties, further intensifying the political storm. However, the Congress bounced back by sweeping three critical by-elections in Channapatna, Shiggaon, and Sandur, silencing critics and bolstering support for its flagship guarantee schemes.

BJP-JD(S) Alliance: A Rocky Path
The BJP and JD(S), forced into an alliance after 16 years, saw relative success in the 2024 Lok Sabha polls. While the BJP won 17 of the 25 seats it contested, the JD(S) secured two seats, enabling its state president H D Kumaraswamy to join the Modi 3.0 Cabinet.

However, the BJP faced its own internal strife, with factional tensions erupting after the appointment of B Y Vijayendra, son of B S Yediyurappa, as the state party president. MLA Basanagouda Patil Yatnal openly criticized Vijayendra’s leadership, earning a show-cause notice. Adding to the BJP’s troubles were sexual assault allegations against Yediyurappa and MLA Munirathna, which tarnished the party's image.

Power Tussle within Congress
Deputy Chief Minister D K Shivakumar’s ambitions for the top post grabbed headlines after a controversial interview where he hinted at an "agreement" for chief ministership. While Chief Minister Siddaramaiah denied such an arrangement, Shivakumar’s comments reignited debates about factionalism within the Congress.

Legislative Drama and Bitter Exchanges
The year ended with heated debates in the Belagavi session. The BJP cornered the Congress on the Waqf land issue, while Congress countered with statistical defenses. Tensions flared when Women and Child Development Minister Laxmi Hebbalkar accused BJP leader C T Ravi of using derogatory language against her, leading to Ravi's arrest and subsequent bail.

Karnataka in 2024 was a year of intense political drama, marked by scandals, power struggles, and shifting alliances—offering a preview of the state's evolving political dynamics in the years to come.

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News Network
January 6,2025

Bengaluru, Jan 6: Most wanted Maoists operating in deep jungles of Western Ghats, hilly and coastal region of Karnataka have decided to lay down their arms and join the mainstream following the appeal by Chief Minister Siddaramaiah-led Karnataka Congress government.

According to sources, the Maoists have taken the decision following the encounter of Vikram Gowda and the continuous combing operations in the Western Ghat region by the Anti-Naxal Force (ANF) and the Karnataka Police.

Sources said that top leaders Mundagaru Latha who leads the Tunga Naxal Wing in the state; Sundari, Vanajakshi, Jeesha, the most wanted Maoists of south India; K. Vasantha from Andhra Pradesh and Mareppa Aroli have decided to surrender and lay down their arms.

Maoist leader Sundari’s brother Anand, who was also a Naxal and returned to the mainstream, stated, “They will welcome her home if she decides to lay down arms. Let her and associates stop the struggle and live like common people. It’s 17 years since she had gone away from home. We will be happy if she comes back to us.”

“Sundari, surrender before the government and come back home,” he appealed in Kutlur of Mangaluru district.

The surrender procedure will happen in two to three days, sources confirmed.

The sources also revealed that the Maoists had written a letter in this regard to the Citizen’s Forum, a progressive organisation and the members of the forum have discussed the matter already with Chief Minister Siddaramaiah.

CM Siddaramaiah welcomed the proposal and gave the green signal for authorities to start the surrender procedures.

The Maoists have demanded that the surrender process should take place in a dignified manner and that their self-respect should not be harmed. They have also demanded that they should not be prevented from exercising their rights under a democratic system.

The Maoists have also demanded that they should not be made to languish in prisons. The 'false' cases against them should be closed and cooperation has to be extended for them after surrender to obtain bail. It has also been demanded that all cases must be brought under one court and trial has to be expedited.

They have also demanded financial support from the government to shape their lives. The package has to be applied to other surrendered Maoists who are presently in prison. They have also sought clarification on whether Karnataka, Tamil Nadu and Kerala states will take one stand on the matter.

The Maoists have also demanded a judicial investigation of the Vikram Gowda encounter.

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