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OK, here are some facts (and fiction!) about XL (the loving nickname of XLRI) located in jampot (the loving nickname of Jamshedpur) in the Indian state of Jharkhand (earlier part of Bihar):

XL was established by Fr. Quinn in 1949 …yeah its the oldest B School in India !

On the 25th anniversary of XL, Fr. Tome said:

“What does 25 years mean to me personally. Certainly not the
building, not a campus, not even a viable institution. Let me put it this way. Some
years ago, when Raisa Maritain, wife of the famous French philosopher,
Jacques Maritain, wanted to thank God for all that had happened in her life,
she wrote a book about the greatest gift God had given to her and she
entitled the book We Have Been Friends Together. That is what this anniversary
means to me…

“Unlike similar institutions that are amply funded from the very beginning,
for both capital costs and operations, our resources totaled zero. I will
share the secret with you once again. I believe it to be true, even though
it is against all the laws of that dark and murky science of economics. The
secret is this: decisions precede and generate resources, and not the
other way round.”

That statement in many ways sums up the spirit of XL and XLers (pronounced Excellers the products of XL. Even today the XL management states the defining culture as:

“The culture of XLRI is such that it accelerates the members’ passion for achieving excellence in everything they do. While informality, flexibility, humaneness, and espirit de corps are the hallmarks, growth and development of the whole person with integrity and ingenuity are the ‘summum bonum’ of the culture in XLRI.”