The process will start in December, but response from companies is very good.
Thanks to fewer applicants and more seats at IIMs.
In a bid to create an ecosystem of both large and small companies in the chemical and engineering industries, Gujarat Industrial Development Corporation (GIDC) is developing specific zones for small and medium enterprises in these two sectors.
The entrepreneurial bug does not appear to have bitten students at the Indian Institute of Management Ahmedabad this year. So far, not even one student is believed to have opted out of the final placements process to start his own venture.
The IIMs were just recovering from the uproar over technical glitches during the CAT. Now, at least five students have filed applications under the right to information law.
Having witnessed a surge in the number of offers and average salaries as compared to 2009 -- a year marred by the impact of the global slowdown -- they believe the exuberance of 2008 would only return in 2011.
It may have been content so far with milk powder as a substitute, Nigeria now intends to replicate the Amul model in the near future.
"Denim is one of the world's oldest fabrics, yet it remains eternally young," declared an American Fabrics magazine writer in 1969. This Levi Strauss & Co post on its website reflects what Indian denim producers intend to do -- let the Generation Y tailor the pair of jeans for the market.
The industry's estimated losses stand at Rs 5-6 crore per day.
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.
In a first at the National Institute of Design (NID), academic profiles were offered to the graduating batch of young designers during placements this year.
Offers for senior positions take longer since companies spend more time screening the 1-year executive management programme students.
On the back of the global economic slowdown last year, most management institutes had to take steps like extending their final placement week by a few days and inviting more companies to campus to ensure better work opportunities to their students.
The revival has been such that denim players are experiencing a tsunami of orders. Arvind Limited, India's largest denim producer based in Ahmedabad, has its hands full with export orders. The firm has a denim production capacity of 75 lakh (7.5 million) metres a month.
While the registration fee for CAT 2009, which was Rs 1,300 last year, will surely increase due to the high administrative and infrastructure costs because of the computerisation, it may still be less than Rs 2,000. CAT, say IIMs, will be a candidate-friendly test in terms of flexibility in the selection of test date, ease of registration, better physical environment and test experience, and enhanced security with biometric identification of candidates and video monitoring.
"We have signed an MoU with Cisco to make an investment in GIFT and help us evolve our technology platform. The American giant is likely to invest over $2 billion in the project," a top government official of GIFT said. Cisco is also expected to pick up some stake in the project. However, the details are still being worked and it will take about three-four months to finalise the deal, the official added.
The equations would take change completely in case a third front forms the government. Many experts feel that banking, insurance and healthcare will not be impacted whoever forms the government.
As part of its focus on developing startups across the world, Goldman Sachs is looking at training and development of around 29 select women entrepreneurs in India.
Asked if it is looking at the Maruti 800 and the Chevrolet Spark segment, Nigel E Wark, executive director, marketing, sales and service, Ford India, said: "Yes, we will be launching the small car in this segment broadly, but there are sub-segments and this is where we will differentiate ourselves. We will be competing in the largest volume segment. India and China are the two markets where small cars are in huge demand and we will be focusing on these countries."
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances