While most companies send their employees for executive education programmes at various IIMs and IITs, freshers' recruitment is mostly based on conventional degrees since the belief is that distance learning does not enjoy the same value as regular classroom programmes. Why is it so?
The Mondols were taken in by the 'Kajla Janakalyan Samiti', formed seven years ago in Contai Deshapran block in east Medinipur district, an NGO supported by various other organisations and individuals, which works with displaced and trafficked families and trains them in ways to earn alternate livelihood.
According to Ajit Balakrishnan, chairman of the board of governors of IIM-C, "Most students who study in IIM-C come from families whose annual income is Rs 5 lakh. We are a public higher education institute funded by taxpayers' money. Hiking our fees just because IIM-Ahmedabad or IIM-Bangalore has hiked theirs will make IIM-C an opportunist."
Ahmedabad-based Malibu Plastica, a manufacturer of polycarbonate plastic sheets, is working on redesigning the metal tops of post boxes, which would make it rust-free and weather resistant. This is the first time such a project has been undertaken.
The government appears to have hit upon a novel faculty-sharing solution to tackle the shortage of quality faculty at the premier Indian Institutes of Technology. The shortage will accentuate now that eight new IITs have been announced.
For those mulling their first job offer and wondering if they are being paid right, here is a website that could give an indication.
In what could be termed as a major innovation in the field of male contraception, the Indian Institute of Technology-Kharagpur (IIT-KGP) has invented a unique male contraceptive that can have a continued effect for 10 years. A single 60 mg injection can be effective for at least 10 years. A single dose, which may cost the manufacturer Rs 50, is expected to be marketed at close to Rs 200.
The Indian Institute of Technology-Kharagpur (IIT-KGP) and Vinod Gupta School of Management (VGSOM), for instance, recently introduced an initiative -- the Deferred Placement Programme (DPP) -- to provide a safety net to students willing to take up the challenges of entrepreneurship. Under this programme, students interested in starting entrepreneurial ventures will be allowed to push back their participation in campus placements for a maximum period of two years.
The Delhi Daredevils, IPL's Delhi team which is owned by the GMR Group, has recruited a student of the Postgraduate Programme in Public Policy and Management (PGP-PMP) from the institute to manage its operations. Colonel Vinod Bisht, the student, has been hired as assistant vice-president (operations) for the company for a Rs 30-40 lakh package.
When Samir K Barua took over as the director of the Indian Institute of Management, Ahmedabad (IIM-A) in November 2007, he had listed knowledge creation, hiring and retention of faculty members and increasing contacts with the industry as his priority work areas. Four months on, Barua is planning a number of initiatives in the upcoming academic year towards achieving his objectives.
E-kiosks for services like bill payment and job queries are mushrooming all over rural India. Many youths in rural India have taken up CSC projects to start their own businesses and are earning a decent income out of it. The work at CSC basically involves collecting and paying phone and electricity bills of the villagers. Additionally, they can provide add-on services like English course. Srei Infrastructure and Reliance Infocom will set up such centres in PPP in West Bengal.
CPI (M) politburo member Sitaram Yechury has outsourced the planning of the Member of Parliament Local Area Development Scheme in West Bengal to IIM-A students. Students will be involved closely with the constituency's role in the National Rural Employment Guarantee Scheme (NREGS) and Sarva Shiksha Abhiyan. 4-5 students will work on this project and will be guided by faculty advisors. This project will enable students to understand the working of government and public policy.
The group is investing Rs 250 crore (Rs 2.5 billion) to expand its edible oil business thisyear by foraying into palm oil, soya oil and rice bran oil production. In its new FMCG products, the company will launch 18 new products in hair care, babycare and men's grooming segments. Initially, the company will sell its edible oil in bulk to industries that are into production of chips and biscuits. Brands will be launched later on, depending on the initial success.
Five school students got together to create a car out of scraps for just Rs 11,000. They spent two years sifting through scrapyards to find appropriate material for the car.
Rajkot-based diesel engine maker, Fieldmarshal Group, will make a small electric car with foreign collaboration that is likely to be priced at Rs 99,000.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
It is for the first time that students of PGPX, a one-year programme that targets young industry executives with an average work experience of 7 to 9 years, has got such offers. Last year, a PGPX student had broken all records by receiving the highest job offer of over Rs 1 crore (Rs 10 million).
Amity University is scouting for land in Ahmedabad to set up its first campus in Gujarat.
The Indian Institute of Technology, Kharagpur (IIT-KGP) is investing close to Rs 46 crore (Rs 460 million) in four new centres of excellence -- School of Entrepreneurship, School of Infrastructure Design and Management, Steel Technology Centre, and Centre of Excellence in Telecommunication Engineering.
For executives who quit their cushy jobs to do a one-year post-graduate programme in management at reputed management schools, it could be a problem of plenty, with placement offers pouring in two months before their course comes to an end.
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