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.
The buoyant foreign capital flows in debt instruments since the beginning of 2010 could weigh on the Reserve Bank of India's decision on whether to raise policy rates.
With the Reserve Bank of India allowing retired teachers, kirana shop owners and public call office (PCO) operators to be hired as business correspondents, banks are set to hire over 200,000 people over the next few years to push financial inclusion initiatives.
"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.
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.
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.
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.
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.
The move is aimed at improving margins.
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.
One indication of this was the fact that many large bond buyers stayed away from the Rs 12,000 crore auction conducted on August 7.
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