From Our Special Correspondent

Daijiworld Media Network

Bengaluru, May 3: HAL and Indian Institute of Corporate Affairs (IICA) signed a MoU to synergise their professional capabilities towards capacity building, education, research and consulting.

The two institutions aspire to design and deliver innovative training programmes in the area of leadership development, strategy, corporate finance, governance, valuation, mergers and acquisitions etc.

The programmes are offered to HAL officers and participants from other organisations.

The MoU envisages exchange of knowledge and resources between HAL and IICA for conducting research, training and consultancy sessions.

C B Ananthakrishnan, CMD, HAL said: ``HAL Management Academy as apex learning and development centre for officials of HAL, has in-depth understanding of the training needs and takes care of competence development requirement at various levels of the organisation.’’

The MoU will provide a long and sustained collaboration involving the two reputed institutions in the spirit of Industry-Academia interface, he added.

Praveen Kumar, Director General and CEO, IICA, said: ``IICA as a premier institution providing astute and credible intellectual leadership in corporate regulation, governance and running sustainable businesses looks forward to collaborate with HAL as a step to equip CPSEs enhance their competitive edge while operating in a volatile, uncertain, complex and ambiguous environment.’’