At the meeting of the Board of Governors of IIM Bengaluru held on February 11, the chairperson, Mukesh D Ambani, expressed his decision to step down, IIM-B said.
The Board of Governors of the Indian Institute of Management, Bangalore, on Friday gave its approval to start the process of amendment of its Memorandum of Association to facilitate expansion of its activities outside India.
The Indian Institute of Management, Bangalore has raised the annual fee for its post-graduate programme in management by Rs 75,000 to Rs 2.5 lakh.
The decision to seek the amendment was taken after the Union human resources development ministry recently disallowed the business school from going ahead with its overseas expansion plan.
Chairman and managing director of Reliance Industries, Mukesh Ambani is understood to have expressed interest in footing the salary bills of international faculty at the Indian Institute of Management, Bangalore.
A couple of days earlier, IIM Ahmedabad said it would hike the fees for its two-year PGP course.
Speaking at the 33rd convocation of the business school in Bangalore, Reliance Industries Chairman Mukesh Ambani said IIM-B graduates could make a change in the world of business. He said ethical values and moral leadership are dwindling in Indian businesses and IIM graduates should strive to fill the void of moral leadership. He stated that IIMs provide global leaders in today's knowledge economy. He also said IIM graduates have high calibre and India is benefitting from it.
In a first, graduating students from the Indian Institute of Management Ahmedabad (IIM-A) have decided to pledge Rs 200 per month in favour of the institute from their salaries for one year.
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
In an interview with Business Standard, Mazumdar-Shaw spells out her plans for the institution over coming years.
EduBridge is emerging as a strong player in training unemployed youth.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
IIM-B, professor R Vaidyanathan talks to Shobha Warrier about black money, Mudra Bank and Jaitley's Budget.
'When we became a Rs 100 crore company in October, we celebrated in grand scale. We have grown from producing 10 packets a day in 2005, with just my cousin managing the kitchen, to 50,000 packets a day with 1,100 employees in 10 years.' 'If you have the passion to start something, do it immediately. Don't wait for tomorrow.'
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