Mangalore: 'Greed is the reason for the meltdown—Ananthakrishna at St Aloysius


Mangalore: St Aloysius College Graduation Day

Media Release


Mangalore, Nov 1: The Annual Graduation Day of MBA, MCA and  M Sc-Bioinformatics courses of St. Aloysius College, Mangalore, affiliated to Mangalore University was held on 1 Nov. 2008 at 10.30 am in the Eric Mathias Hall of the IT Centre of St. Aloysius College, Mangalore.

“Greed is the reason for the meltdown” said Shri Ananthakrishna, the Chairman & CEO, Karnataka Bank , in his Gradation Day address to the large number of students gathered for the graduation. He exhorted the students saying “whatever you do, don not have greed. Do you work with commitment expecting no result”. In his threefold manthra he told the students fist of all not to shirk work. “Take every difficult task as an opportunity; secondly do not work because of  supervision, but love your work; and thirdly he said that one should get the attitude of giving and not getting from the institution one works for. He said, “what you get you make a living, and but you give you make life”, he said. He also told the students that what he has learned a lot for his  life from St. Aloysius College when he himself was an alumnus.













Fr. Denzi Lobo SJ, Director,  presented a report  on the achievements and activities of  the students and the faculty of AIBA and AICS . He informed the gathering that the NEW CAMPUS for management and IT will be ready by May 2009, and that  the aim of the College is to make this campus the very best in India, offering excellent Management and IT education and preparing “men and women for others” to take up leadership positions  in India and abroad. He also mentioned that great persons like Mr Prem Watsa, Chairman and CEO, Fairfax Financial holdings and others are supporting this new venture and want to make it famous at the  global level.


Fr. Francis Serrao SJ, Rector , Aloysian Institutions, in his presidential remarks thanked shri Ananthakrishna for his enlightened leadership in the banking sector and appreciated his simplicity. He also thanked Fr Denzil Lobo , Director for taking AICS and AIBA to greater heights and having a vision to excel in all respects. He asked the graduating students to take “memories and impressions” when they leave the Institutions. But he said it is not enough to just to take such memories, but it is important they also take a set of “value system’ they have learned when they were at St. Aloysius. “Not having more , but  being more; not individual achievement, but common good; not corruption in any form, but collaboration and justice” should be their hallmark he said.  Finally in his message to the  graduating students he told that they should have threefold attitudes-“use material and do not love it; love persons and do not use them; and thirdly put into practice what God want s you to do in life”

















Fr Swebert D’Silva SJ, the principal, St. Aloysius College exhorted the graduating students to dream big, and try to do great things for our Country.


Fr. Rector distributed the certificates to the graduating students and the solemn oath was taken by the students to be true to their vocation and that they would be just and honest in their life.


Three of the students who have secured ranks at the University level were honoured. Adrina Pinto, who has secured the FIRST RANK in MCA was awarded the DEWANG MEHTA PRIZE of Rs. 10,000 for the meritorious MCA student. This award is instituted by a friend of the College who has also sponsored the Dewang Mehtha Library in the IT Centre. Shruthi Maroli, who has  secured the IV RANK in MBA at the University level was awarded the Prize of Rs. 10,000 instituted by Bharath Kumar, an alumnus and Associate VP, Cambridge Integrated Solutions, UK;  and Seema Shenoy, who has secured FIRST RANK in M Sc-bioinformatics was awarded the prize of Rs 5,000 instituted by Cosmic Enterprises, Mangalore.  

Prof. Santhosh Rebello, Dean, AICS welcomed the gathering and Dr. P. G. Aquinas, dean, AIBA proposed the vote of thanks. 

  

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Comment on this article

  • Joan, Francis and Coral Sequeira, Mangalore/Muscat

    Tue, Nov 04 2008

    Congratulations Adrina. Wish you all the best

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  • NK, Mangalore

    Sun, Nov 02 2008

    Shruthi, Congratulation and i am sure your hard work and committment will help in your career path also .... all the best NK

    DisAgree Agree [1] Reply Report Abuse

  • ronald, barkur

    Sun, Nov 02 2008

    In my previous comment I have stated that there is a difference between education and literacy. For instance just having a Masters Degree with a good record of academic achievement but WITHOUT any civic sense (e.g.cleanliness/hygiene), social sense (e.g. well-mannered/humane/considerate) makes one merely literate (however highly) but ill-educated or poorly educated.

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  • Colin Sequeira, Muscat, Oman

    Sun, Nov 02 2008

    Congrats Adrina! on securing the 1st Rank in MCA

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  • Shwetha Shetty, Mangalore

    Sun, Nov 02 2008

    P.S:- its Seema Shetty from MSc Bioinformatics and not Seema Shenoy! please ... thank you

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  • Chetan Mendonca, Mangalore

    Sun, Nov 02 2008

    Congrajulations Shruthi on securing IV RANK in MBA at the University level. Wishing you all the best

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  • A.D'Cunha Shenoy, Mangaluru

    Sun, Nov 02 2008

    Mr. Ananthakrishna is right. Greed is the culprit of modern day financial menace. Yes ,we need education to make a living for some, but living should not be for greed. I must say most of the greed emanates from the educated and from the highly educated, I must add.

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  • ronald, barkur

    Sun, Nov 02 2008

    The words of advice and exhortation from Shri Ananthakrishna and Fr. Serrao, are something all MBA, MCA, and other outgoing Graduate and Post-Graduate Degree Holders ought to remember. These words, when followed, separate Literacy from Education which contains the balancing components of morality, ethics, civics, etc. At the present time literacy is given high importance around the World. This leads to imbalances of various sorts including greed, which is correctly attributed by Shri Ananthakrishna as the cause of the "meltdown" (of the World Economy). Here, Graduates may also be reinforced with Mr. Mahatma Gandhi’s words that GOD HAS PROVIDED ENOUGH FOR MAN’S NEED BUT NOT FOR HIS GREED.

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  • Stephen Pinto, Mangalore / Dubai

    Sun, Nov 02 2008

    Congratulations to you Fr. Denzil Lobo. We Aloysians are really proud of you for your efforts and hard work for making St Aloysius an excellent institution.

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Title: Mangalore: 'Greed is the reason for the meltdown—Ananthakrishna at St Aloysius



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