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Recession as an opportunity?

Recession should not threaten the new generation; instead, it should be taken as an opportunity to practise new principles and acquire new skills,’’ said Finance Minister Thomas Isaac. He was delivering the convocation address at the Asian School of Business (ASB) in  Technopark

It is sure that prospects shrink. However, opening up of the geographical boundaries of the European markets has provided opportunities for many countries such as China and India to do business in proportions never heard before, He said.

The awards for best academic performance were presented by the Minister. Dr S. Ramadorai, chairman, Board of Governors – ASB and CEO and Managing Director, TCS, gave away diplomas to the third batch of outgoing PGPM students.

In his report, Prof K. Ramakrishnan, director, ASB, said: “At a time when placements and new job opportunities are becoming difficult, nearly 50 percent of the outgoing PGPM graduates have already received campus placements in prestigious companies across the country. Efforts are on to find appropriate placements for the remaining students. It is expected that most students will get placements by the end of May or early June.’’

       

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8 comments

  1. it is easy to say, but hard to implement

  2. We have been hearing reports of huge lay offs from E & Y ME’s back office in Trivandrum. Please confirm

  3. more layoffs will happen if the situations are like this.

  4. he dosent have any idea about recession !!

  5. ministers are dump. they don’t know anything about the industry.

  6. Recession would be another opportunity, because more works will be outsourced.

    How can america stop the outsourcing? how can they afford a $50/Hour resource, since the same resource can be get in india for $50/Day.

  7. bla bla bla Wat recession… have lots 4 ministers 2 talk.opportunity vs unemployment. leave tat portion… so frm here i cme 2 knoe recession is an opportunity to market ASB products so well in market, gr8 job ASB techno park. think twice.. customer satisfaction is all we want …