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| Victory for India at SIFE World Cup in Berlin |
| Announcement / Corporate Oct 12, 2009, 22:45 IST |
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The SIFE India team from the Alpha Arts & Science College Chennai, has won the second place in the prestigious SIFE World Cup 2009. The two-day event held in Berlin on the 5th and 6th of October 2009, witnessed teams from over 40 countries world-wide competing for top honors. Almost 3000 students and business leaders from all over the world were present for the 2 day event.
The SIFE World Cup is a keenly contested annual business competition organized by SIFE (Students In Free Enterprise), an international organization that encourages students to evolve sustainable economic solutions for the community.
The participants of the SIFE World Cup are National Champions from their respective countries, chosen after two rounds of competition in each country. Teams present their community projects to a jury consisting of established business leaders and are evaluated on a set of seven criteria ranging from market economics to sustainability. Almost 3000 students and business leaders from all over the world were present for the two day event.
Speaking on the occasion, Mr. Keshav R Murugesh, CEO and President, Syntel Inc. and Chairman, SIFE India said, “SIFE is a powerful programme which provides an opportunity to several young students across India to make a meaningful contribution to various communities; they impart hands on knowledge and change their lifestyles for a better tomorrow. This victory is special not just for the Alpha SIFE team who made a significant contribution to the community but more to the thousands of lives they have impacted through their well-executed projects. ”
The Alpha SIFE team’s high-impact programs on seaweed cultivation for tsunami-hit fisher-folk and tomato pulping for deprived tomato farmers helped create meaningful and sustainable businesses for livelihood in these communities. The immense success of these projects was presented by a team of 5 students from the Alpha Arts & Science College at the SIFE World Cup event, thus earning them the coveted first runners-up place with Egypt being declared winner.
Syntel Inc., a leading global IT and KPO Company has been involved with the creation of SIFE India from the start and Mr. Keshav Murugesh has been Chairman of the Board since the start. A large number of colleges from India are involved in the program that is creating India of the future. SIFE India board members include some of the most well respected industry captains of the Indian corporate world from prestigious companies like Syntel Inc., KPMG India, HSBC India, PwC, Reliance Capital Limited amongst others.
Details on SIFE are available at www.sifeindia.org or www.sife.org
About SIFE India:
Launched in 2003, SIFE India (Students in Free Enterprise) has developed rapidly and attracted top student talents from 40+ active universities in Chennai, Bhubaneswar, Kolkatta, Mumbai, Pune, Ahmedabad, Delhi, Gurgaon, Jaipur, Bangalore and Chandigarh.
SIFE students all over India teach entrepreneurship and free market principles to their communities. Thousands of people in the community benefited from the SIFE program. As a reward, senior corporate executives select the best student team to represent India to compete at an annual SIFE World Cup held in major global cities.
SIFE India Board Members include Indian industry luminaries from prestigious companies like
* Mr. Keshav R. Murugesh – Chairman, SIFE India, President & Chief Operating Officer, Syntel Inc.
* Rupendra Singh – Vice Chairman SIFE India, Non Executive Chairman KPMG India
* Malini Thadani – Director SIFE India, Head of Public Affairs and Corporate Responsibility, HSBC India,
* Sudip Bandyopadhyay – Director SIFE India, Director & CEO, Reliance Capital Ltd.
About Syntel
Syntel (NASDAQ: SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Recently named one of the "50 Best Managed Global Outsourcing Vendors" by The Black Book of Outsourcing, Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2000 certified. As of June 30, 2009, Syntel employed more than 11,300 people worldwide. To learn more, visit us at: www.syntelinc.com.
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