Wednesday, December 26, 2007

Bits & bytes
IIM-Lucknow seminar on commodity futures market

The Indian Institute of Management-Lucknow recently organised a two-day training seminar on commodity futures market.

The seminar was sponsored by the Forward Market Commission (FMC), Ministry of Consumer Affairs, Food and Public Distribution, Government of India, and was for senior state government officials belonging to the Departments of Civil Supplies, Agriculture, Agricultural Marketing, Information Technology and the heads of State Agricultural Marketing Boards. Policymakers from the states of Assam, Chhattisgarh, Madhya Pradesh, Orissa, Punjab, and UP participated.

The programme was inaugurated by B.C. Khatua, chairman, Forward Market Commission (FMC).

FMC representatives of national level exchanges and experts were of the view that for efficient and better functioning of commodity futures markets, the warehouse receipts need to be treated as negotiable instruments.

Participants desired that national level exchanges should start futures trading in perishables like fruit and vegetables and flowers. It was suggested that efficient terminal markets will be much better suited for such commodities.

The other issues highlighted included creating awareness among farmers, policy makers, media etc., regarding the role of commodity futures markets; problem of quality management, grading and storage of agri commodities; and development of proper infrastructure at the state levels.

Entries sought for animation awards

Arena Animation, the global leader in animation and multimedia training, along with CNBC-TV18, a leading television channel, have instituted the Golden Cursor Animation Awards.

These awards have been initiated in recognition of the booming animation industry in India. The awards will serve as a benchmark for excellence in animation in India and present to the world, the creative genius of the country.

An eminent panel of jury will be evaluating all nominations and the winners will be felicitated at a gala ceremony early next year.

The 16 categories for nominations include Best Animation Film (2D&3D), Best Animation in a Film, Best Animation Ad (TVC), Best Student/Amateur Animation Film, Best New Animation style, Best Animation Public service Ad, Best Animated character of the year, Best Animation-Live Action Combo - TV Commercial, Best Animation-Live Action Combo - Film, Best Title Sequence - Film or TV, Best online Animation Sequence, Best Animated Mobile Content, Best Animation Based TV Channel, Best animation game-online/educational etc.

The last date for submission of entries is January 15, 2008. Only work of Indian origin, created either in English, Hindi or any Indian language, and released only to Indian audience between January 1, 2006, to June 30, 2007, can be submitted. For details log on to:; TNS