These universities are a part of the ministry's 'brain gain' policy to attract talent from all over the world. Human Resources Development Minister Kapil Sibal had last August announced that 14 Innovation Universities will be set up in the country under the 11th Five-year Plan (2007-12).
People will have to pay 50p-Re 1 more per litre of petrol and diesel when 11 cities in India move to the Euro IV emission norm, and the rest of the country to Euro III, in April 2010.
The country's largest lender will set up wind power projects in Maharashtra (9 Mw), Tamil Nadu (5 Mw) and Gujarat (1.5 Mw) - with a combined capacity of 15.5 Mw - for its captive consumption at various SBI offices and branches in these three states.
Last year, over 200 companies adopted 300 ITIs in the country and the involvement is gaining pace.
Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.
The intensification of global financial crisis in the second half of 2008 had forced Indian companies to put on hold their global plans. When going was good till early 2008, Indian banks -- both public and private sector -- played their part, albeit as junior partners to large international banks, in funding deals.
Power seems to have become the new dotcom," a market observer said, referring to the surge in the number of companies of all shapes and sizes wanting to get into the power business.
Results of the Common Admission Test could get delayed with Indian Institutes of Management and Prometric, which conducted the online test, still to decide a new date for conducting the exam for students who could not give their exam due to technical glitches.
Pankaj Sarma (name changed), associate professor with an Indian business school, earns Rs 1 lakh every month for evaluating papers written by students in the US. This is apart from his salary of Rs 60,000 as per University Grants Commission scale.
Even as placements at the premier Indian Institutes of Technology will continue till March 2010, some IITs have begun offering students from their previous year's batch a chance to sit for job interviews this year, too.
The dates for the exam may be extended beyond December 8 and 9.
The Indian Institutes of Management (IIMs) are understood to have contemplated scrapping of the computer-based Common Admission Test (CAT) before deciding to wait for a few more days before taking such a call.
The premium that borrowers would have to pay over the London Inter Bank Offered Rate (Libor) have not, however, shot up the way they did a year ago when spreads had jumped 750 basis points for some Indian companies in the aftermath of the collapse of Lehman Brothers.
Conducting an examination at this level is a very complex task, says Pankaj Chandra, Director, IIM Bangalore.
Even as day three of the computer-based Common Admission Test (CAT) continued to add to the anxiety of the student community, academicians have shifted the blame game from Prometric to the Indian Institutes of Management (IIMs) and NIIT, accusing them of adopting a highly casual attitude.
Offers, high ones, are coming in before placements officially start.
After successfully dabbling in organised retail in 2006, Mukesh Ambani, chairman of India's largest private sector company, Reliance Industries (RIL), has now set his eyes on no-frills, low-cost housing."RIL has deep pockets and excellent execution skills. It has executed two large projects like the Jamnagar refinery and the KG-D6 basin in a record time. Another such large project is only obvious for the company to get into," said a source close to the development.
These non-profit multi-disciplinary institutions will have to be registered under Section 25 of Companies Act.
Management institutes are simultaneously inviting more companies to minimise the chances of fewer placement offers this season.
Several commercial and residential customers of Reliance Infrastructure (R-Infra) in Mumbai are planning to shift their electricity connections to Tata Power Company (TPC).
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