ICFAI Hosts Keynote Address Explaining AI’s Impact on Healthcare

Artificial Intelligence is ultimately poised to democratize global healthcare, not by replacing physicians, but by empowering those who embrace it. This was the core message from Dr. D. Nageshwar Reddy, Chairman of AIG Hospitals, during his keynote address delivered on the 16th Foundation Day of the ICFAI Foundation for Higher Education (IFHE). Celebrating the legacy of late Founder Sri N. J. Yasaswy, the event was presided over by Chancellor Dr. C. Rangarajan, who underscored the need for responsible innovation. As a Category-1 Autonomous, NAAC A++ accredited Deemed-to-be University educating over 6,500 students, IFHE provided a fitting academic backdrop for Dr. Reddy’s insights into multimodal AI. He emphasized that the future of medicine remains firmly rooted in human empathy, seamlessly augmented by revolutionary algorithmic clinical efficiency.

The prestigious event was hosted at IFHE, an institution recognized globally for its rigorous academic environment. Operating as a Deemed-to-be University under section 3 of the UGC Act 1956, the institution boasts an impressive institutional CGPA of 3.59 out of 4. It serves as a vital hub for multidisciplinary learning, with students pursuing dynamic programs across its several faculties.

These include the Faculty of Management, the Faculty of Science & Technology, the Faculty of Law, and the ICFAI School of Architecture. Setting this stage, Vice Chancellor Dr. T. Koti Reddy opened the function by recollecting the visionary leadership of Sri N. J. Yasaswy, whose commitment to institution building continues to drive the University's mission forward.

Addressing an audience of faculty, students, Vice Chancellors, advisors, and research scholars, Dr. Reddy dispelled the widespread anxiety among medical practitioners regarding AI integration. He remarked that AI will not replace doctors, but doctors who know how to use AI will replace those who do not, emphasizing that modern healthcare increasingly relies on multimodal AI to elevate diagnosis, treatment, and patient care.

The transformation is already well underway across various medical disciplines. Dr. Reddy noted that AI applications are accelerating breakthroughs in pharmaceuticals, slashing drug discovery timelines from decades to a mere two years. Furthermore, AI is revolutionizing specialized care including radiology, precision medicine, genomics, dermatology, and telemedicine. He also pointed out that AI is enhancing early cancer detection through the AI-powered analysis of CT scans.

Moving from theory to practice, Dr. Reddy shared compelling use cases from AIG Hospitals that demonstrate how artificial intelligence actively mitigates clinical fatigue and improves outcomes. He introduced MIRA, an AI-powered assistant that actively supports doctors and nurses, fields patient queries, cuts consultation waiting times, and aids in medical education. He also detailed the iSAVE early warning system, which continuously monitors critical patient parameters and alerts doctors nearly an hour before a patient’s condition severely deteriorates.

AI also simplified the hospital's pre-anaesthesia evaluation by recommending a centralized pre-surgery lounge. This logistical pivot reduced patient fatigue and caused surgery dropout rates to plummet from nearly 20 percent to about one percent. In addition, AI tools assist in managing AIG's high-volume endoscopy services, where roughly 700 procedures are conducted daily.

Looking toward large-scale public health impact, Dr. Reddy highlighted AI's role in tackling India's fatty liver disease burden through affordable screening that utilizes simple clinical parameters in place of expensive diagnostic tests. 

AI-enabled clinical documentation systems are also automatically generating medical summaries from doctor-patient conversations, freeing physicians to spend more meaningful time interacting with their patients. Moving forward, AIG aims to pioneer interoperable medical records for seamless sharing across hospital networks.

Embracing this tech-forward future requires careful stewardship. While studies indicate that AI can actually improve patient engagement, Dr. Reddy cautioned that expanding adoption must be accompanied by strict adherence to data quality, ethics, privacy, and regulatory standards.

Echoing these sentiments in his presidential address, Chancellor Dr. C. Rangarajan observed that AI remains in its infancy, and its long-term impacts have yet to fully unfold. Acknowledging how AI is transforming the educational landscape for both teachers and students, Dr. Rangarajan concluded with a vital mandate. Healthcare innovations must be wielded responsibly, ensuring that the remarkable benefits of artificial intelligence reach every section of society.

KEI Industries - Meeting the Rising Demand for Wires & Cables

India’s cables and wires sector has witnessed a quiet but monumental transformation, and KEI Industries stands at the very heart of this growth story.

Under the visionary leadership of Chairman and MD Anil Gupta, alongside a dedicated team of key executives and directors, the company has evolved into an undeniable industry heavyweight with over Rs 50,000 crore in market cap.

To broaden its brand appeal, the company recently welcomed dynamic actress Rashmika Mandanna as its brand ambassador, highlighting its focus on modern consumer connection.

The recent commencement of its massive Rs 2,000 crore greenfield expansion in Sanand, Gujarat, is a striking testament to this ambition.

For long-term investors, the wealth creation journey has been nothing short of spectacular.

From an all-time low of around Rs 6.70 to a recent all-time high of over Rs 5,700, the stock has delivered staggering returns over the past couple of decades.

This phenomenal rise reflects deep operational resilience and a steadfast commitment to execution from the entire team.

Furthermore, its strategic visibility as a Principal Partner for the Lucknow Super Giants (LSG) for the IPL 2026 season further solidifies its position as a trusted and ubiquitous brand across the nation.

However, the business landscape is dynamic, and new headwinds are appearing on the horizon.

The imminent entry of the Aditya Birla Group into the sector promises to intensify competition significantly.

Furthermore, a recent downgrade and cautious stance from Kotak has sparked some near-term debate among market watchers.

Yet, KEI’s robust order book, diversified product mix, and established institutional relationships provide a strong buffer to weather this incoming storm.

Counterbalancing the recent skepticism, other prominent brokerages remain highly optimistic about the company's fundamentals.

Ultimately, KEI’s trajectory from a small manufacturing unit to an infrastructure backbone is a proud achievement for its founders, employees, and early believers.

As the company powers ahead, its strategic foresight makes it a fascinating Indian corporate story to follow. Do you agree?

ICFAI Hosts 18th Annual Doctoral Thesis Conference

As India navigates the turbulent waters of international trade disruptions and global supply chain uncertainties, the path forward lies in strategic resilience and sustainable energy. This was the resounding message at the 18th Annual Doctoral Thesis Conference, jointly hosted by the ICFAI School of Social Sciences (ISoSS) and the Indira Gandhi Institute of Development Research (IGIDR) on June 4 and 5, 2026. Drawing nearly 200 top-tier research scholars nationwide, the hybrid event featured a powerful keynote by the Vice- Chancellor of ICFAI Foundation for Higher Education (IFHE) and former RBI Governor Dr. C. Rangarajan. He dismantled fears surrounding the falling rupee, attributing current economic hurdles to exogenous global shocks rather than domestic weakness. Dr. Rangarajan outlined a robust three-pronged strategy prioritizing diplomatic diversification, energy security, and selective import substitution. Complementing this vision, IGIDR Director Prof. Basanta Kumar Pradhan tackled the evolving architecture of global climate finance, cautioning against greenwashing.

The 18th Annual Doctoral Thesis Conference, jointly organized by the ICFAI School of Social Sciences (ISoSS), Constituent Unit of  ICFAI Foundation for Higher Education, Hyderabad, and the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, was inaugurated on June 4, 2026. Conducted in a hybrid mode, the two-day conference brought together eminent academicians, researchers, faculty members, and doctoral scholars from across the country.

The conference has emerged as a significant academic platform for doctoral researchers to present their work, receive expert feedback, and engage in scholarly dialogue. The strong response to the event, with participation from nearly 200 research scholars representing leading institutions including IIMs, IITs, NITs, IIITs, Jawaharlal Nehru University, and several Central and State universities, reflects its growing importance in India's research ecosystem.

The keynote inaugural address was delivered by Dr. C. Rangarajan, Former Chairman, and Economic Advisory Council to the Prime Minister, and Former Governor, Reserve Bank of India, Chancellor, ICFAI Foundation for Higher Education, who underscored the critical role of universities and research institutions in advancing knowledge. Analyzing the current economic challenges facing India, he noted that many of the difficulties confronting the country are the result of external or exogenous shocks like  the international trade disruptions, and tensions in West Asia, rather than domestic weaknesses. 

These developments have affected global supply chains, increased energy and food prices, and created uncertainty in international financial markets. He emphasized that in spite of a falling rupee, India’s fundamentals remain strong, and the end of the war would revive the value of the rupee. According to him, recent currency pressures have been influenced largely by capital outflows,  rather than by structural weaknesses in the economy. 

Addressing the policy response to such external shocks, Dr. Rangarajan outlined a three-pronged strategy. In the short term, he stressed the importance of diplomatic engagement and diversification of supply sources. In the medium term, he advocated the creation of strategic buffers, particularly in critical areas such as energy security. For the long term, Dr. Rangarajan highlighted the need for efficient and selective import substitution in strategically important sectors. 

He argued that India's objective should not be self-sufficiency at any cost, but rather the development of competitive domestic capabilities in critical areas where excessive dependence on imports may pose risks.  He also stressed the importance of accelerating the transition towards alternative and sustainable energy sources, including renewable energy and electric mobility, to strengthen India's long-term energy security and reduce vulnerability to glob al disruptions. Concluding his address, Dr. Rangarajan called upon researchers and doctoral scholars to address contemporary economic and social challenges through rigorous research, robust data analysis, and innovative methodologies. 

Delivering the special address, Prof. Basanta Kumar Pradhan, Director (Vice-Chancellor), IGIDR, Mumbai, spoke on “The Global Climate Finance Landscape: Concepts, Architecture, and the Road Ahead.” He explained the distinctions among climate finance, green finance, transition finance, and sustainable finance, emphasizing the need to avoid greenwashing. 

Tracing the evolution of climate finance from the Rio Earth Summit and the United Nations Framework Convention on Climate Change to recent global climate negotiations, he discussed changing patterns in climate finance, including the growing role of private finance and project-based funding.

The inaugural session was graced by Dr. Tamma Koti Reddy, Vice-Chancellor, IFHE, Hyderabad. Welcoming the gathering, Prof. C. S. Shylajan, Director, ICFAI School of Social Sciences, highlighted the conference's role in nurturing research excellence and fostering intellectual exchange among young scholars and experts from diverse disciplines.

The conference featured technical sessions covering a wide range of disciplines, including Agricultural Economics and Sustainability, Development Economics, Entrepreneurial Development and General Management, Behavioral Economics and Psychology, Finance and Accounting, Health Economics, Human Resource Management and Organizational Behaviour, Macroeconomics and International Economics, Marketing and Business Strategy, and Sociology and Public Policy. 

The sessions chaired by distinguished academicians, policymakers, and industry experts who provided  guidance and feedback to participating scholars. Paper presentations and academic discussions were made on June 5, 2026. 

The ISoSS intends to offer distinctive, high value education programs at the under-graduate and post graduate levels, and promote high quality research at the masters and doctoral degree levels. Currently, the institution offers a 3-year BA undergraduate and a 2-year MA postgraduate degree programs in Economics, and a doctoral research program leading to a PhD. 

Towards internationalizing higher education, a 4-year BA Economics Program leading to an undergraduate degree with Honors or Honors with Research was offering from 2023-24 academic year. In the academic year 2024-25 the School offers a 3-year B.Sc. (Psychology), a 4-year B.Sc. (Psychology (Honors) and a 4-year B.Sc. (Psychology (Honors with Research). 

A masters level research program leading to an MS (by research) degree is also being conceived of. Going forward, the ISoSS proposes to offer double-degree programs leading to BA Economics with Psychology, or Law, or Data Analytics, or Management.

Why All Warring Nations Have Lost Big in the Middle East War

The scorched landscapes of the Middle East have become yet another proof for the futility of modern warfare. What began as an ill-conceived surgical strike has spiraled into a multi-front conflagration that has drained treasuries, leveled cities, and shattered the illusion of decisive military success. And a deeper look at the balance sheets reveals a sobering truth: every major player has suffered losses that will take a generation to recoup.

Israel had entered 2026 facing its most grueling economic landscape in decades. According to recent Bank of Israel reports, the country had lost over $57 billion between 2023 and 2025 - a staggering 8.6% of its annual GDP. The 2026 budget has already been revised to add an additional $13 billion for the ongoing military operations, as the nation grapples with a massive deficit and a fractured labor market. 

Beyond the capital, the social fabric is strained by the prolonged mobilization of reservists, and a tourism sector that has effectively evaporated. Israel may point to the tactical degradation of its enemies' leadership as a supposed gain, but this so-called achievement is dwarfed by the long-term erosion of its economic stability, military security and international standing.

For the United States, the regional crisis has been a relentless drain on both its soft and hard power. Conservative estimates from the Costs of War Project indicate that the US spending on Israeli & Saudi military aid and regional operations - including countering Houthi threats - had exceeded $22.7 billion in just the first year of the conflict itself. By 2026, this figure has swelled, involving massive deployments of Carrier Strike Groups and advanced missile defense systems like the THAAD.

Diplomatically, Washington’s leverage has plummeted as it struggles to balance domestic dissent with its regional commitments. The US can claim the arguable gain of demonstrating its reliability as an ally to the oil-rich GCC countries, yet this rings hollow against the backdrop of a multi-billion dollar war bill and a significantly diminished ability to influence global peace, going forward.

Iran’s strategy of regional dominance via proxies like the Hamas, Hezbollah & Houthis has resulted in its own domestic ruin and near total loss of its leadership. Following direct strikes on its infrastructure, Iran’s economy is projected to shrink by 10% this year alone. Critical assets, including the Mobarakeh Steel plant and over 66% of its missile and drone production sites, have been severely damaged. It has also lost much of its nuclear program. 

Its strikes on GCC neighbours and closure of the Strait of Hormuz have backfired, isolating Iran in the world community, with even neutral countries like the EU, India & China strongly opposing such aggressive and unilateral steps. Tehran may tout the gain of proving that it can strike deep into enemy territory, but the near-total destruction of its naval fleet, the crippling of its industrial base, and the loss of its second-largest trading partner UAE, make this a hollow victory.

In Lebanon, the human and structural toll are catastrophic. Over 1.2 million people - nearly one-fifth of the population - remain displaced. The World Bank estimates that 100,000 houses have been partially or fully destroyed, particularly in the south - a heavy price for striking Israel, to protect Iranian interests.

Hezbollah has lost a significant portion of its founding leadership, along with over 1,400 fighters. The group continues to project an image of resistance as its supposed gain, yet this provides no solace to a Lebanese nation whose infrastructure is in rubble and whose economy has been set back by decades.

The Gulf Cooperation Council (GCC) nations, once considered the stable anchors of the region, are now feeling the heat. The closure of the Strait of Hormuz triggered a direct hit to their oil led economies.  There is also a grocery supply emergency in some of these states as they rely on the Strait for 80% of their caloric intake.

Food prices have surged between 40% and 120%, and the UNDP warns that the war could reduce regional growth by up to $194 billion. The dream of Vision 2030 and the region's image as a safe destination for FDI are under threat. These nations might find a supposed gain in their aerial defence systems that proved partially reliable, but this prestige is a poor substitute for the loss of their hard-earned status as global hubs for tourism and investment.

Amidst this widespread ruin, only one sector is thriving: the worldwide arms industry. While nations bleed, the defense export market is projected to reach $542 billion in 2026, growing at a record pace. Global military spending has hit an all-time high of $2.44 trillion recently.

Arms giants like Lockheed Martin & Raytheon of the US, and their international counterparts like Dassault & Thales of France, Rostec of Russia, Rheinmetall of Germany, AVIC of China and many such firms are seeing unprecedented demand for the very munitions leveling Middle Eastern cities. 

For these corporations, the war is not a tragedy but a growth driver, a morbid reality where profit is directly indexed to the destruction of human populations. Most of these are listed private firms, with the only exceptions being the Russian & Chinese corporations which are fully state owned.

The metrics are clear: military solutions have reached a point of not diminishing returns, but serious losses for all the warring nations. There is no total victory in a region so interconnected with the world and so intensely volatile. The only path toward lasting prosperity and peace lies in continuous, multilateral dialogue and the restoration of diplomatic channels. 

If all these nations are to recoup their losses and ensure a future for the next generation, they must move past the aggressive rhetoric and destructive actions, and move towards collaborative and constructive steps, acknowledging that true security is built on economic interdependence and mutual recognition, not the exchange of ballistic missiles.

ICFAI to Host Landmark International Congress on Mechanics

The ICFAI Foundation for Higher Education is preparing to host a prestigious gathering of global minds this December as it welcomes the 71st Congress of the Indian Society of Theoretical and Applied Mechanics to its Hyderabad campus. Scheduled from December 21 to 23, 2026, this international conference, organized through the university’s constituent IcfaiTech, represents a significant milestone for the institution's commitment to scientific advancement. By bringing together eminent researchers, academicians, and industry professionals, the event aims to explore cutting-edge developments in fluid and solid mechanics. This landmark congress reinforces the institution’s NAAC A++ standing and honors a tradition established by ISTAM since 1955. It serves as a vital platform for innovation, where emerging talent collaborates with experts to shape the future of theoretical and applied mechanics.

The ICFAI Foundation for Higher Education (IFHE), through its constituent ICFAITech, has announced the 71st Congress of the Indian Society of Theoretical and Applied Mechanics (ISTAM-2026), an international conference to be held from December 21 to 23, 2026, at its Hyderabad campus. ISTAM-2026 is being jointly organized by the Departments of Mathematics and Mechanical Engineering at the ICFAI Foundation for Higher Education. 

The conference will bring together eminent academicians, researchers, scientists, and industry professionals from around the world to present and discuss cutting-edge developments in fluid mechanics and solid mechanics. The event will feature peer-reviewed paper presentations, opportunities for publication, and the presentation of Young Scientist Awards, fostering innovation and encouraging emerging talent in the field.

Key dates for the conference include the opening of abstract submissions on April 2, 2026, with the last date for submission scheduled for July 12, 2026. Notifications of acceptance will be communicated by August 16, 2026, followed by full-length paper submissions on September 13, 2026. The final date for registration fee payment is October 11, 2026. The organizing committee from ICFAI Tech includes Dr. Anjanna Matta as Organizing Secretary, Dr. Manmadhachary as Convener, and Dr. Upendar Mendu and Dr. Avinash Malladi as Joint Organizing Secretaries.

The announcement of the international conference was made by Dr. K L Narayana, Director of IcfaiTech, in the presence of distinguished dignitaries, including Professor Tamma Koti Reddy, Vice-Chancellor; Professor O.R.S. Rao, Chancellor of ICFAI University, Sikkim; Dr. T R K Rao, Chancellor of ICFAI University Jharkhand; and Professor J Mahender Reddy, Distinguished Advisor to the ICFAI Society, along with other members of the organizing team.

With the university's NAAC A++ accreditation and a strong research ecosystem, ISTAM-2026 is poised to be a landmark international conference, reinforcing the institution’s commitment to academic excellence and global collaboration in the field of theoretical and applied mechanics.

Established in 1955 and headquartered at the Indian Institute of Technology, Kharagpur, ISTAM has long served as a premier platform for scientists, engineers, and technologists to exchange ideas and advance research in mechanics. The annual congress, hosted by leading institutions such as IITs, NITs, and various research organizations across India, consistently attracts participation from both national and international communities. 

The ICFAI Foundation for Higher Education is a deemed-to-be university under section 3 of the UGC Act 1956, with the ICFAI Business School as a constituent. About 6,000 students are pursuing various programs in the Faculty of Management, Faculty of Science and Technology, Faculty of Law, ICFAI School of Architecture, and ICFAI School of Social Sciences. The university is accredited by NAAC with an A++ grade and an institutional CGPA of 3.59 out of 4.

ICFAI’s Legacy of Mentorship Celebrated in New Book

At the ICFAI Foundation for Higher Education (IFHE), the commitment to student success does not end at graduation; it evolves into a lifelong partnership of growth and guidance. This enduring philosophy is powerfully illustrated in the newly released book, ‘One Step at a Time’, a collaborative work by distinguished ICFAI alumna, medical doctor & entrepreneur Dr. Nischita Muppavarapu and her long-time mentor, Prof. Sudhakar Rao, Director of Branding at the ICFAI Group.

‘One Step at a Time’ stands as a testament to how ICFAI grooms winners by fostering deep, intergenerational intellectual bonds. Dr. Nischita’s journey - spanning 40 years of life and two decades of navigating professional crossroads - was shaped significantly by the 20 years of mentorship she received from Prof. Rao, proving that the university’s engagement with its students is an ongoing initiative for those inclined to be mentored. As noted by IIM Kozhikode Director Prof. Debashis Chatterjee, this narrative embodies "learning as becoming," blending intellect with humility.

Dr. Nischita Muppavarapu is a prominent Indian aesthetic dermatologist, entrepreneur, and diplomat. She holds an MBA (taken in 2005) and an MBBS (obtained in 2012), and later specializing in dermatology with an M.Sc. from Cardiff University. She is an internationally renowned cosmetic dermatologist and Managing Director of Desire Aesthetics in Chennai and Hyderabad. 

She was appointed as the first Honorary Consul of Costa Rica in Chennai, Tamil Nadu, in May 2025. In 2019, she became the youngest person ever appointed as a member of the Tirumala Tirupati Devasthanams (TTD) Board. She is the author of the Telugu book "Aame Aakasam" (focused on historical women icons) and the 2025 memoir "One Step at a Time," which outlines her unique career path from an MBA to medicine.

Far more than a memoir, One Step at a Time offers a structured mentorship model for current students, encouraging critical thinking and interdisciplinary wisdom. It underscores that at ICFAI, mentorship is not merely an academic duty but a continuous process where alumni and faculty grow together. As Prof. Rao eloquently states, the book views progress "not as a revolution of noise, but as an evolution of purpose," highlighting the institution's role in guiding students toward meaningful, value-driven lives long after they have left the classroom.

One Step at a Time was launched recently by Mrs  Sailaja Kiran, Managing Director,  Margadarsi  Chit Fund and Kalanjali, at the inaugural session of the “International Conference on Women 5.0: Power, Process & Possibilities” held at the ICFAI University Campus, Hyderabad on 11th  December, 2025. Also the Chief Guest, Mrs Sailaja Kiran  in her address lauded the authors for their  commendable work of bringing out such an excellent book. 

Prof Debashis Chatterjee, Director, IIM, Kozhikode, in his foreword stated that the book’s rare honesty is a narrative of reflection rather than achievement. He notes how Dr. Nischita’s story embodies “learning as becoming,” blending intellect with humility, and mentorship with meaning. He also suggested that students should learn some key facets of life from this book such as; critical thinking that questions assumptions, interdisciplinary wisdom that connects seemingly disparate fields, and a deeply humanistic voice that values purpose over position.

On this occasion, Dr Nischita Muppavarapu  said "One Step at a Time" traces 40 years of living, 35 years of learning, and 2 decades of navigating choices and crossroads shaped by 20 years of mentorship, distilled into 12 chapters across 162 pages and 1 enduring lesson: “growth happens step by step." 

Prof. Sudhakar Rao, the co- author, in his speech said “Dr. Nischita, an alumna of ICFAI University, has remained in touch with me throughout her professional journey. As a mentor, I’ve had the privilege of guiding her through some of her most defining crossroads and sharing in her moments of discovery. Collaborating on this book has been deeply fulfilling. "One Step at a Time" sees progress not as a revolution of noise, but as an evolution of purpose. True change begins within - through reflection, resilience, and renewal. It’s not about how far we move, but how deeply we grow with every step.”

Distinguished guests present  at the event included,  Mrs Sobha Rani Yasaswy, Chair person ICFAI Society; Prof. P. Rajalakshmi, IIT, Hyderabad;  Dr. T Koti Reddy, Vice Chancellor (In-Charge) and Prof S Vijayalakshmi, Registrar, ICFAI University; and delegates from across the country .  

The book opens by questioning society’s inherited definitions of success. It introduces the “Three Circles of Success” - male, female, and universal - encouraging readers to consciously define success for themselves. This becomes the framework for the journey that follows.

Set in Kakumanu’s Mandala Praja Parishad School, the second chapter revisits rural schooling, gendered privilege, and the quiet influence of her grandfather, who taught her curiosity through everyday lessons in the fields. Teacher Haneef Sir appears as her first true mentor.

Transitioning to Kakinada and later to Andhra University, she charts her academic hunger and early exposure to disciplined study. Experiences of being underestimated shaped her resilience. The third chapter marks this first conscious step toward higher education and ambition.

Then, drawing from her experiences in Thailand, she reflects on Anchali, a young masseuse whose story embodies cultural preservation as progress. Parallels are drawn to Laxmi Agarwal’s acid-attack activism and Indira Nooyi’s corporate vision at PepsiCo - illustrating that history is made in the present.

Prof. Sudhakar Rao, her mentor at ICFAI, delivers a defining truth in Chapter 5: “There will come a day when one must look in the mirror and ask what they are doing with themselves.” Through an MBA project in a telecom company, Nischita learns that reflection and rigor define real growth.

A failed project and an unvarnished evaluation transform into a turning point. She learns that failure is diagnostic, not defining. ICFAI’s structured mentorship model contrasts sharply with the chaotic internship culture elsewhere - reinforcing her respect for guided learning.

Written from her years in medicine and management, Nischita then explores the allure and anxiety of entrepreneurship. From multiple hospital consultancies to early business experiments, she frames entrepreneurship as “purpose-driven independence” - a journey, not a leap.

On Prof. Rao’s advice, she undertakes a year-long apprenticeship - a “real MBA of experience.” Working with Dr. Lakshmi in Mumbai, Dr. Maio abroad, and Dr. Obagi in the U.S., she learns the 80/20 principle: only 20% of success is technical; the rest is psychology, business, and ethics.

A deeply emotional episode traces her nomination by Prof. Rao for the WCRCINT World’s Best & Emerging Leaders 2022 award at the House of Lords. Standing in London, she recalls Hampi’s Virupaksha Temple, realizing how far persistence - not privilege - has brought her.

Dr. Nischita’s appointment as Honorary Consul for Costa Rica marks a symbolic milestone. The “Pura Vida” philosophy - simplicity, presence, and bridge-building - becomes her leadership mantra. It redefines success from personal ascent to shared human impact.

Blending her roles as doctor, entrepreneur, and diplomat, she recalls moments of exhaustion and loss during the pandemic. The ritual of “three minutes of silence” with her team becomes a metaphor for mindful leadership - staying alive to life itself, even in crisis.

Invited back to the classroom for the Mentorship Clinic at IIM Kozhikode, she almost declines - until Prof. Rao reminds her, “The moment we think we’ve learned enough is the moment we stop growing.” Returning to learn, she closes the circle - student, mentor, and learner, all at once.

The book ends as wonderfully as it began: in reflection as motion. After 35 years of professional growth and 20 years of mentorship, the lesson remains simple - life rewards consistency more than speed; progress is personal, but purpose is shared.

ICFAI & Illinois Tech to Pursue Multiple Synergies

On November 20, 2025, the ICFAI Foundation for Higher Education, Hyderabad, unlocked a significant new gateway to the West by formalizing a strategic alliance with the Illinois Tech, Chicago. While the MoU explicitly outlines robust exchanges in engineering and management, a closer look reveals a potential powerhouse collaboration that goes beyond standard academic exchange, to the intersections of Design Heritage and Business Strategy. 

Uniquely, this partnership creates a tangible bridge between ICFAI’s School of Architecture and Illinois Tech’s historic Mies Campus - home to the legacy of modernist icon Ludwig Mies van der Rohe - offering ICFAI students unprecedented access to a living architectural laboratory. Furthermore, a distinct pedagogical synergy awaits, which is about fusing ICFAI Business School’s globally renowned Case-Based Learning with Illinois Tech’s reputation as a hard-tech innovation hub. This collaboration positions ICFAI not just to teach technology, but to translate Chicago’s applied science breakthroughs into viable business models, effectively creating a "Lab-to-Market" corridor between two global innovation capitals.

The formal Memorandum of Understanding (MoU) with the Illinois Institute of Technology (Illinois Tech), Chicago, marks an important milestone in ICFAI’s continued global engagement initiatives. The event was organized on 20th November 2025 at ICFAI Campus, Hyderabad.

The MoU was formally signed by Malllik Sundharam of Illinois Tech and Prof S. Vijayalakshmi, Registrar of ICFAI, marking the official commencement of the internationally significant partnership.

Prof T. Koti Reddy Vice Chancellor, ICFAI, 0in his address highlighted the university’s research culture, case-based teaching approach, and its dedication to expanding international collaborations that enrich student learning and faculty scholarship.  Mr. Raghunath Thota, Illinois Tech, in his talk, emphasized Illinois Tech’s commitment to global academic engagement and the many opportunities of the partnership  that offers collaborative research, innovation-driven education, and student development.

The Directors of ICFAI Tech, ICFAI Business School and ICFAI School of Social Sciences highlighted the implementation opportunities from the perspectives of their schools during the interactive session.  Present at the ceremony was the Vice Chancellor, Registrar, Directors, Deans and senior leaders of ICFAI along with Mr. Raghunath Thota, representing Illinois Tech.

Key highlights of the MoU: The MoU signed by the two institutions outlines several core areas of cooperation. These include joint research initiatives, faculty development opportunities, collaborative academic activities, and program-based partnerships that are expected to benefit both institutions. The MoU also outlines the exchange of students for short-term study, research immersion, and credit-bearing academic engagements, as well as faculty exchanges that would support teaching, curriculum development, and specialized research efforts. Additionally, the MoU encourages co-development of new academic programs, further strengthening interdisciplinary learning pathways across engineering, technology, business, and allied fields.

The partnership will significantly contribute to global learning experiences for ICFAI  students and enable faculty to participate in high-impact research with international peers. By integrating global academic practices and industry-relevant learning models, both institutions aim to create enriched educational opportunities that reflect the evolving needs of higher education in a globalized world.

The ICFAI Foundation for Higher Education (IFHE) is Deemed-to-be University under section 3 of the UGC Act 1956. ICFAI Business School (IBS) is a constituent of IFHE. More than  6,500 students are pursuing various programs in the Faculty of Management (ICFAI Business School), Faculty of Science & Technology (ICFAITech), Faculty of Law (ICFAI Law School), ICFAI School of Social Sciences  and ICFAI School of Architecture, NAAC, an autonomous institute of University Grants Commission has also accredited The University with ‘A++’ Grade with an impressive score (institutional CGPA) of 3.59 out of 4. ICFAI Foundation for Higher Education is now a Category-1 Autonomous Institution.

Illinois Institute of Technology, Chicago, is a globally recognized research-driven university situated in one of the world’s most dynamic innovation ecosystems. The university stands out as Chicago’s only technology-focused institution and is known for its strong emphasis on engineering, computing, design, law, business, and applied sciences. According to the Wall  Street Journal/College Pulse rankings, Illinois Tech is ranked #1 in Illinois and #22 in the United States for graduate salary outcomes, reflecting its strong career impact. Illinois Tech is also the #30 Best Value School and #117 Best National University (U.S. News & World Report, 2026). The university also holds the distinction of being recognized as an “Opportunity College and University,” awarded for its commitment to educational access and student success. A unique hallmark of Illinois Tech is its architectural legacy - its historic Mies Campus features one of the greatest concentrations of buildings designed by modernist architect Ludwig Mies van der Rohe, including the iconic S.R. Crown Hall, a designated National Historic Landmark.

Why Even a Win-Win With the USA Will Be a Big Win For India

India seemingly faces stiff trade barriers from the United States, but in reality, these challenges are not as worrying as they might seem. India’s exports to the US, just about $78 billion a year, are tiny compared to its huge $4 trillion GDP - less than 2 percent. This means that even if US policies make selling to America harder, India’s economy won’t be badly hurt, since it mostly depends on its own people and growing trade with other countries.

The US often blames India for putting high tariffs or taxes on things like cars and electronics. For example, India has very high duties - sometimes up to 100 percent - on imported cars. But even if India cut these tariffs, American cars would still struggle to sell in India because they are far more expensive than cars from India, China, Korea, or even Japan. Indian customers want value for money, and local or Asian brands already meet these expectations at much lower prices. Removing tariffs would not suddenly open the floodgates for expensive US brands.

Trade talks now are caught in a web of international politics, especially because of the Russia-Ukraine war. Some in the US claim India’s oil purchases from Russia help fund the Russian war effort. But in truth, it is the US that has benefited hugely from the Russia-Ukraine conflict, selling over $68 billion worth of weapons to Ukraine since the war began. American companies, especially arms manufacturers, have made big profits while the war continues. Accusing India is more about politics than fact.

US decisions aren’t just about policy, they are influenced by business interests. Former President Biden’s government strongly backed Ukraine, partly because of his family’s connections to businesses there, and this has been well reported in the American press. The current President Trump is more selective, while arms sales continue, deeper US support for Ukraine has faded. Reports link some of Trump family’s business interests in Moscow, which could explain America's cooler approach to supporting Ukraine these days.

India has options. A zero-tariff trade deal with the US, where both sides drop taxes on many or even most products, could actually help India more, and not hurt it. With Indian exports like textiles, chemicals, IT services, and medicines, India could get more access to American buyers. Since US goods are expensive and not highly competitive in India, the risk of India’s market being swamped by US goods is low. Instead, Indian exporters could grow, learning from global standards and succeeding abroad.

But security remains a worry. The US keeps making overtures to Pakistan’s top military, especially welcoming their army chief with honors. This signals that Washington may still view Pakistan as a valuable partner, despite its poor track record on regional peace. This is quite ironic too, given the military animosity the US has with China, and how close China and Pakistan are. Trump family's business interests in Pakistan have also come under scrutiny recently. India must speak up in diplomacy, making it clear that stability in South Asia is non-negotiable.

There have been more pressure tactics. US officials recently raised the H1B visa fees, needed by Indian tech talent hoping to work in America, by almost 40 times. This is meant to push India diplomatically. But it could backfire, with the US tech industry relying on Indian engineers, and hurting them will cause problems for American firms, especially when local talent is in short supply.

India should not get distracted with all these. Instead, it should focus on building better ties with many countries, not just America. India is strengthening relations with the EU, UAE, ASEAN, and Latin American countries, opening up more trade channels.

India can also act quickly when needed. When US tariffs started rising, the Indian government recently responded by slashing GST rates on popular items just before the festive season, giving families more spending power and businesses a boost. Creative steps like tax cuts are a response to tough times and show India’s ability to adapt and thrive.

India’s biggest strength is indeed its booming home market. There are over 300 million middle-class consumers in India, and retail sales during Diwali 2024 alone had hit Rs 2 lakh crore - a sign of powerful domestic demand. By supporting small businesses, startups, and local supply chains, India can weather global storms. In the past year, Indian startups attracted $15 billion in new investment, proving India’s growing confidence.

In the end, the US trade barriers are not an existential crisis for India. Since Indian exports to the US are very small compared to India’s total economic size, and because US goods are not a big threat in the Indian market even without tariffs, India can confidently pursue fairer trade deals. By resisting political pressure, calling out misdirection, and pursuing reforms at home, India can turn challenges into stepping stones toward greater growth and global leadership.

IFHE Ties Up With University of Missouri, For Leadership in Global Business Education

In a landmark move that promises to redefine cross-border academic tie-ups, the ICFAI Foundation for Higher Education (IFHE), Hyderabad, has signed a Memorandum of Understanding (MoU) with the University of Missouri, USA, and its prestigious Robert J. Trulaske Sr. College of Business. This five-year partnership opens new frontiers in faculty exchange, joint research, student mobility, and executive education, with a strong emphasis on creating impactful global learning opportunities. The tie-up specifically links Missouri’s renowned business school with IFHE’s flagship ICFAI Business School (IBS) Hyderabad - one of India’s top management institutions. With the vision of IFHE’s Vice Chancellor Prof. L.S. Ganesh and IBS Director Prof. K.S. Venugopal Rao, this collaboration is poised to blend academic excellence, innovation, and international exposure into a transformative educational experience.

The signing of the MoU between the ICFAI Foundation for Higher Education (IFHE), Hyderabad, and the University of Missouri, USA, represents far more than a formal handshake. It’s a strategic step toward building a bridge of intellectual exchange between India and the United States. Held at the vibrant ICFAI campus in Hyderabad, the in-person ceremony was attended by senior dignitaries from both sides, underscoring the seriousness and scale of this partnership.

Representing IFHE were some of its most prominent academic leaders like Vice Chancellor Prof. L.S. Ganesh, a visionary academician known for his leadership in strengthening IFHE’s research culture and global collaborations; Prof. K.S. Venugopal Rao, Director of IBS Hyderabad, whose initiatives have continuously expanded IBS’s reach in industry-linked education; Prof. S. Vijayalakshmi, the Registrar; and Dr. Sitamma Mikkilineni, Dean of International Accreditation & Collaboration, who has been instrumental in forging global partnerships. Senior deans and directors from across IFHE’s various faculties also lent their presence, reflecting the institution’s collective commitment to the collaboration.

From the University of Missouri’s side, Professor Vairam Arunachalam, Director of the School of Accountancy, and Mr. Eric Jackson, Director of Strategic Partnerships at Becker Professional Education, joined the proceedings. Their presence not only symbolized Missouri’s enthusiasm for the alliance but also signaled a strong focus on areas such as accounting, finance, and professional certifications - domains in which both institutions have established reputations.

The MoU lays the foundation for deep cooperation in multiple spheres: faculty exchange programs to bring global perspectives into classrooms; collaborative research initiatives to address pressing global business and economic issues; student mobility programs for rich cultural and academic immersion; and executive education offerings designed for business leaders in both countries. The agreement also envisions the joint development of academic proposals, undergraduate and postgraduate programs, as well as tailored training and executive development initiatives.

The ICFAI Foundation for Higher Education, a Deemed-to-be University under Section 3 of the UGC Act, 1956, is home to over 6,500 students across five faculties: ICFAI Business School (IBS), Faculty of Science & Technology (ICFAITech), Faculty of Law, ICFAI School of Social Sciences, and ICFAI School of Architecture. IFHE enjoys the distinction of being a Category-1 Autonomous Institution, accredited with an ‘A++’ grade by NAAC and boasting a remarkable institutional CGPA of 3.59 out of 4.

At the heart of this MoU is IBS Hyderabad, the flagship management school of IFHE, celebrated for its industry-aligned curriculum, case-based learning methodology, and impressive corporate network. IBS consistently ranks among India’s top B-schools, producing graduates who are well-prepared for leadership roles in global organizations. Under Prof. Venugopal Rao’s stewardship, IBS has intensified its focus on global exposure, making this partnership with Missouri a natural progression.

Founded in 1839, the University of Missouri (often called “Mizzou”) is the flagship campus of the University of Missouri System and a proud member of the Association of American Universities (AAU), an elite consortium of leading research institutions in North America. Known for its comprehensive academic programs and strong research output, Mizzou attracts students from across the globe.

Its Robert J. Trulaske Sr. College of Business holds the distinction of being one of the oldest AACSB-accredited business schools in the United States. The College offers a full spectrum of undergraduate, MBA, and doctoral programs, emphasizing leadership, innovation, and experiential learning. Its deep ties with industry and its innovative approach to business education make it an ideal partner for IBS Hyderabad, which too is AACSB-accredited, in delivering cross-continental academic value.

Over the next five years, this MoU will see tangible academic and cultural exchanges that extend beyond classroom walls. Joint research projects could focus on emerging fields such as fintech, sustainability in business, and global supply chain resilience. Student exchange programs will expose Indian students to the academic rigor and multicultural campus life of Missouri, while American students will gain first-hand experience of India’s dynamic business environment.

The partnership also stands to benefit the corporate world, with executive education programs tailored for global business leaders, drawing from the combined expertise of faculty from both institutions. The ability to blend Missouri’s rich academic traditions with IFHE’s growing global footprint may well create new benchmarks in international business education.

The collaboration is not merely an institutional alliance but a shared commitment to shaping globally competent leaders who can navigate complex business landscapes with wisdom and innovation. With leaders like Prof. Venugopal Rao driving IBS’s vision, and Missouri’s long-standing academic excellence in play, this partnership is set to be more than the sum of its parts, and a leap toward creating a truly interconnected academic ecosystem.

ICFAI Honours Democracy with S Jaipal Reddy Awards

In a stirring tribute to democratic ideals and public service, ICFAI Law School, in association with the Capital Foundation Society, hosted the prestigious S Jaipal Reddy Democracy Award ceremony at Hotel Taj Krishna, Hyderabad. Telangana Chief Minister Shri A. Revanth Reddy led the event, reflecting on how leaders like the late Jaipal Reddy upheld democratic values through conviction and service. The highlight was the conferment of the Democracy Award to renowned policy thinker Mohan Guruswamy, alongside a slew of recognitions to legal luminaries, social activists, and change-makers across India. The ceremony also featured a compelling lecture by Dr. Sasmit Patra on the challenges before Indian parliamentary democracy. The event underscored ICFAI’s growing stature as a platform for dialogue on governance, justice, and institutional integrity.

Shri A Revanth Reddy, Honourable Chief Minister of Telangana was the Chief Guest  at the event organized by ICFAI Law School in association with Capital Foundation Society.

“In today’s politics, which has moved from ideology to fast delivery, challenging the roots of democracy, we need to remember leaders like Shri Jaipal Reddy, who worked relentlessly for the up liftment and holistic development of people and stood firmly by the values they believed in,” said Shri A. Revanth Reddy, Honorable Chief Minister of Telangana.

He was speaking at an Awards Ceremony at Hotel Taj Krishna, Hyderabad on Saturday, 26th July. The event was organized by ICFAI Law School in association with the Capital Foundation Society.

The Chief Minister said in various capacities, Shri Jaipal Reddy’s decisions were always aimed at the welfare of the people and rooted in democratic values. His focus was on bringing systematic change and addressing challenges from the grassroots. The Chief Minister emphasized that for any government, the focus should be on good governance, and constructive suggestions are a hallmark of a healthy democracy.

Sri Revanth Reddy conferred S Jaipal Reddy Democracy Award to Shri Mohan Guruswamy, prominent author, thought leader and policy advisor and said that Sri Guruswamy has been an inspiration to many.

Chief Minister Shri Revanth Reddy also gave away various awards for personalities who did remarkable service to the society. He conferred Attorney General K Parasaran Award on Mr N Venkataraman, Additional Solicitor General of India; Dr G V Rao, Senior Advocate, Superme Court of India received the Attorney General Soli J Sorabjee Award; Mr P H Arvindh Pandian, Senior Advocate, High Court of Madras received the Solicitor General of India Dipankar Gupta Award; Mr S S Ramdas, President, Mysore Education Society received the Attorney General K K Venugopal Award; Mr B V Subba Rao Distinguished Environmental Expert got the Environmental Protection and Sustainable Development Award.

The Capital Foundation Award was given to Col. (Dr) I V S Gahlot, CEO & Medical Director, Park Hospital, Dr Shilpa Krishna Social Activist,  Dr Thallada Bhaskar Director, CSIR Advanced Materials and Processes Research Instutite, and Mr J Nishanth Reddy, Founder & Managing Trustee, Dharma Seva. The Chief Minister also gave Prof Dr T R Subramanya, Dean CMR University of Legal Studies, Advocate General S G Sundarswamy Award; Mr M Sunil Kumar Advocate and Social Activist received Capital Foundation Social Activist Award, while Ms Anumapa Ramachandra, World Snooker Champion got the Justice A K Sikri Young Achiever Award.

On this occasion, the Dr. B. R. Ambedkar Outstanding Parliamentarian Award was presented to Dr. Sasmit Patra, who also delivered a special lecture on ‘Challenges before Parliamentary Democracy in India’. Dr. Patra highlighted the many challenges currently facing parliamentary democracy, recalling Dr. Ambedkar’s words before the adoption of the Constitution: “However good a Constitution may be, it is sure to turn out bad because those who are called to work it happen to be a bad lot. However bad a Constitution may be, it may turn out to be good if those who are called to work it happen to be a good lot.”

Dr. Patra emphasized that the responsibility of upholding democratic values must lie with the people, but today, it has been outsourced to political parties. He noted that as responsible citizens, we must question acts of omission and commission. He called the disruption of Parliament a serious threat, as it prevents many bills from undergoing legislative scrutiny. He also warned that tensions among the legislature, executive, and judiciary could create fault lines in democracy that must be addressed.

Prof. L. S. Ganesh, Vice-Chancellor of the ICFAI Foundation for Higher Education, in his welcome address, remarked that India must strive for collective brilliance and reduce its reliance on Western validation in intellectual pursuits. Mr. Vinod Sethi, Secretary General of Capital Foundation, Prof K Purushottam Reddy, Executive President of Capital Foundation also. The event was chaired by Mrs Sobharani Yasaswy, Chairperson, ICFAI Society,  Dr P Ravisekharraju, Director, ICFAI Law School, and Coordinated by Dr K Hariharan of ICFAI Law School

The ICFAI Law School is a significant segment of the ICFAI Foundation for Higher Education, Declared as a Deemed-to-be University established under section 3 of UGC Act, 1956. Established in the year 2010, the Law School has successfully completed a decade in professional teaching. It offers BBA LL.B (Hons) BA LL.B (Hons) five year integrated courses and two year LLM course recognized by Bar Council of India. It also offers PhD Program in Law and  Certificate Programs.

The Capital Foundation Society is a registered, non-governmental, non-profit, voluntary organisation which brings together persons of thought and learning to deliberate and articulate public opinion on vital issues. It promotes free flow of information and ideas from diverse sources to influence decision-making. The Capital Foundation Society, since its inception in 1987 has been engaged in providing a platform for policy dialogue and debate on issues of national and international importance. Over 250 events have been organised by the Foundation.

Participants have appreciated the quality of debate and dialogue in each one of them. One of the strengths of India's democratic system is the considerable  space it allows for open and vigorous debate on issues of public policy. Parliamentarians, civil servants, judges, diplomats, journalists, scholars and professionals  come together and exchange ideas.

The topics covered are issues relating to democratic governance and  accountability of representative institutions, electoral and educational reforms, criminal justice system and judicial reforms,  threats and challenges before media, gender justice and women  empowerment, problems of dalits, disabled or differently abled  persons, union budget and its impact on economy and capital  markets, challenges before the new governments, human rights,  national and international developments affecting India and humanity.