Institutes are encouraging students to work hands-on with the underprivileged of society.
Nothing seems to dampen the spirit of Gujarat's textile industry when it comes to investments. Inspite of the issues arising due to rising input costs, the state government is expecting to witness MoUs worth Rs 10,000 crore (Rs 100 billion) in textile sector at the Vibrant Gujarat Global Investor's Summit 2009. During the summit, the state government will be luring several textile machinery manufacturers from overseas to set up base in the state.
The Gujarat government's health department has announced an e-medicine scheme for rural areas. The programme entails offering online and telemedicine facilities to villagers. The department will install web cameras and other infrastructure for distant diagnosis. Of the total plan outlay in the state budget for 2008-09, 4 per cent is for the health sector. The state is also encouraging medical practitioners to set up clinics in certain identified blocks in rural areas.
Hindustan Petroleum Corporation's wind power foray is facing teething troubles. The state-run company plans to set up 100 mw capacity at an investment of Rs 500 crore. Its first project - a pilot of 25 mw coming up in Maharashtra's Dhule district - is being shifted to Jaisalmer in Rajasthan following protests by farmers.
While states across the country grapple with the problem of getting power to the rural areas, Gujarat stands tall as an exception. The state government's Jyoti Gram Yojana (JGY) has not only ensured 100 per cent village electrification but also 24 X 7 power supply. The result is a resurrection of rural industries in the state and reverse migration to rural areas.
The premier Indian Institutes of Management will have to draw on all their management skills to solve the current financial imbroglio they are in. On the one hand, the fee hike by IIM Ahmedabad and IIM Bangalore has caused heartburn not only among students and the Union Human Resource Development Ministry but also among the other IIMs who say they were not consulted despite an existing agreement to do so. IIM-A and IIM-B have said that a fee hike is a prerogative of their own
The jewellery industry innovates to compete with lifestyle products like mobiles and laptops. Students at the National Institute of Design (NID), Ahmedabad, are working on innovative designs concepts which will add some utility value to luxury jewellery products and help jewellers stay afloat.
They are of the view that calling the new institutes "IITs" would dilute the brand image of the existing premier institutes, which figure among the world's 100 best technology universities and are compared with the likes of MIT, California University and Berkeley. The seven IITs are located in Kharagpur, Mumbai, Chennai, Kanpur, Delhi, Guwahati and Roorkee.
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.
In December 2009, the Consulate will change its address from the landmark Lincoln House in south Mumbai to the Bandra-Kurla Complex, where it will have 40 visa windows as compared with the 17 visa windows at present.
The move was initiated by National Knowledge Commission Chairman Sam Pitroda as an incentive to encourage innovation, collaboration, licensing and commercialisation in Indian institutes. The matter is before the Cabinet and will shortly be moved to Parliament for approval, according to a source close to the development. The law will be on the lines of the 1980 Bayh-Dole Act of America.
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.
At IIM-Ahmedabad, 11 students opted out of placements to start their own venture. While at IIM-Bangalore, 4 students chose not to join the corporate world, IIM-Kozhikode had 5 students who decided to kick-start their own venture. At S P Jain Institute of Management and Research in Mumbai, out of 89 students, one student decided to opt out of placements to join his own family business where he would be heading a new division.
The premier southern institute is said to have got about 100 international and 600 domestic offers for its batch of 425 students. ISB rules mandate that each student will get at least two offers.
Information technology firms appear to have lost their appeal at the Indian Institutes of Technology. Campus recruitment figures by major Indian and foreign IT firms have dipped this year, raising further concerns of an industry slowdown.
With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures.
Higher crude oil prices have almost doubled the under-recoveries of government-owned oil marketing companies -- Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum -- in the past three years.
The technical education regulating body plans to direct the institutions to refund the entire fee collected from the student after deducting processing fees, which cannot exceed Rs 1,000.
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.
The directors of the seven Indian Institutes of Management (IIMs) will meet later this month to discuss details of a proposal to take the Common Admission Test (CAT) online by 2009.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances