At a time when the markets are still trying to grapple with the global recession, finance is fast becoming an emerging area of research. Not just the IIMs but also lesser known MBA institutes which have very little to do with this stream are involved in it. At the first ever three-day International Finance Conference organised at IIM-Calcutta, papers on finance were presented by Haryana School of Management, Pondicherry University, Jamia Milia Islamia, St Xavier’s College and IILM Academy, Lucknow, — institutes which do not have a tradition of research in finance and related disciplines. “We have got at least 8-10 papers from organisations and institutes like Ministry of Railways, Quantum Finance and Army School of Managemen,” said

Ajit Balakrishanan, Chairman, Board of Governors of IIM Calcutta.

CPM-Trinamool clash, 6 injured

Six people were injured in an armed clash between CPM and Trinamool Congress at Raina in Burdwan district. While offices of both the parties were gutted, houses of some leaders of both the parties were set ablaze. Two of the injured have been brought to Kolkata.

One more held in antique theft case

The Kolkata police arrested one Sandip Chowdhury (33) in the antique theft case from his residence near APC Road in Manicktala.