ISB inaugurates the Thomas Schmidheiny Centre for Family Enterprise Date:   Friday , February 27, 2015 The Indian School of Business (ISB) launched the Thomas Schmidheiny Centre for Family Enterprise on February 7, 2015. The Thomas Schmidheiny Centre for Family Enterprise is funded and supported by Dr. Thomas Schmidheiny. The inauguration of the new Centre coincided with the Fifth Asian Invitational Conference on Family Business being held at the ISB and witnessed the participation of many dignitaries like Adi Godrej, Chairman, Godrej Group and Chairman of the ISB Board and Dr Thomas Schmidheiny, Chairman, Spectrum Value Management; at the event. The new Centre is an expansion over the Thomas Schmidheiny Chair for Family Business, which was established in 2006. Over the years, the Chair has contributed significantly to the growing body of research on various aspects of family business, such as governance, leadership, professionalization, role of women in family businesses and entrepreneurship. \"Trust can be a source of significant competitive advantage to a family business,\" says Adi Godrej. The Centre has been established with the objective of creating sustainable family enterprises and institutions, strengthening the custodianship role of business families and other stakeholders, which in turn will create value for the economy and the society. Some of the new areas that the Centre will focus on are wealth management, philanthropy, developing mentors for family businesses, managing family business boards, and research on global family enterprises. The ongoing activities will include research, case studies, training, teaching, external engagement and institution building. JGU Opens Gates for Afghan Students Afghanistan delegation of women parliamentarians and civil society leaders, visited the OP Jindal Global University recently to discuss opportunities for higher education for students, and in particular women students from Afghanistan. In an effort to strengthen people-to-people linkages between India and Afghanistan, the OP Jindal Global University (JGU) in Sonipat, Haryana, announced 100 percent scholarship for 5 girls and 50 percent scholarship for all students from Afghanistan. \"The purpose of the scholarship program is to encourage bright Afghan students who would otherwise be unable to access quality higher education,\" says Raj Kumar, Vice Chancellor, JGU. The new initiative taken under the Jindal Afghanistan Scholarship and Empowerment Program (JASEP) is aimed at building human capital of fellow developing countries through higher education. \"We believe education is a source of empowerment. Countries in transition like Afghanistan should significantly engage with higher education and in particular higher education of women for nation building,\" says Raj Kumar. JGU will develop the good relationship between both the countries and will help in developing educational culture. \"Based on the cultural affinities and historic ties between India and Afghanistan, there should be more opportunities for young Afghan men and women to learn from India,\" Sahera Sharif, a member of the Afghanistan Parliament said. SensiBol wins \'Best Start-up Company\' Award SensiBol Audio Technologies, which was incubated at IIT Bombay’s Technology Business incubator SINE, has been awarded the ‘Best Start-up Company’ title under the Technology Incubation and Development of Entrepreneurs (TIDE) scheme. Shri Ravi Shankar Prasad, Hon’ble Minister of Communication and Information Technology presented the award. The company develops solutions such as Mobile Apps for the Android and iOS platform, Web, IVR and applications for Windows, for the Media, Entertainment, Telecom, Music and Education industries.