October 28, 2014: XLRI - Xavier School of Management, as a part of the Diwali Celebrations, recently organised ‘Silent Auction' at their campus.
The ‘Silent Auction' is an annual philanthropic event conducted by CII Young Indians, student club in XLRI where memorabilia collected from the students and faculty of XLRI is auctioned off and the proceeds are then given for charity. This year the proceeds were donated to the treatment of Lung cancer patients in Tata Memorial Hospital.
The members of CII Young Indians club collected the various artifacts and items to be auctioned from students and faculty. This year, more than 250 items were on display at the auction which ranged from rare collectible lamp to beautiful paintings. While students contributed books and posters, artistic paintings and wall decors were contributed by professors. A unique feature of this auction was the action of services. The services offered by Professors like a dinner for four by Prof. Manish Singhal or 3 chess games by Prof. Sabayaschi Sengupta were very much in demand.
The amount raised this year is Rs. 70,000 and increased by 25% as compared to the previous years. Almost all of the items on display were sold with the price ranging from few hundreds and several thousands.
Anita Israni, Secretary of the CII Yi XLRI Net said "The students get a chance to bid for rare items and services which they might not be able to get otherwise. Also since the proceeds from the event go directly to a noble cause the participants had no inhibitions in outbidding each other! Also the fact that this year the event coincided with Diwali celebrations ensured that XLRI fraternity were inclined to spread the happiness."
Fr. E. Abraham, S.J. Director of XLRI commented on the occasion, "XLRI takes immense pride to be a socially conscious b-school that works for the greater good of the society. Events like silent auction imbibe the spirit of giving back in the students and the faculty act as responsible role models and every year lead with the contributions during the auctions. Silent Auction was a successful affair this year with the contributions and the excitement shown by the XLRI fraternity widely exceeding expectations".
XLRI-Xavier School of Management, Jamshedpur is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the ‘steel city' of Jamshedpur www.xlri.ac.in