A bench comprising Justices Arijit Pasayat and L S Panta delivered the verdict on a batch of petitions filed by various organisations and individuals challenging the decision as being unconstitutional.
According to sources close to the development, the government is shortlisting the states where the new IITs and IIMs will be set up. The states will be selected on the basis of their economic and social status.
Software and training organisation NIIT Ltd has tied up with one of country's leading business school, Indian Institute of Management-Calcutta to offer 'Executive Development' programmes through virtual classrooms.
In 2008-09, all students from the PGPX batch were recruited by June. The batch of 2009-10 was expected to follow suit.
This semds a signal that reservation for OBCs (Other Backward Classes) in elite educational institutions might not be implemented at one go.
The Supreme Court will go into the IIM fee cut issue as the government has declined to give a written undertaking not to interfere with the autonomy of the management schools.
It is for the first time that students of PGPX, a one-year programme that targets young industry executives with an average work experience of 7 to 9 years, has got such offers. Last year, a PGPX student had broken all records by receiving the highest job offer of over Rs 1 crore (Rs 10 million).
In the latest rankings for masters in management released by Financial Times, the country's premier management institute has slipped eight places down and is ranked at Number 18.
Kolkata software engineer who scored a perfect 100 percentile in CAT 2011 says that he is looking forward to he wants to be an investment banker and will join IIM-Calcutta because it is the best management institute to study finance.
Rajat Goyal a student of IIM Lucknow's batch of 2008, shares his CAT advice.
The Indian Institute of Management Ahmedabad has been ranked second in the list of top business schools from which Asia-Pacific employers most prefer to recruit executives.
The Union Ministry of Human Resource Development has indicated that it may allow the premier Indian Institutes of Technology and Indian Institutes of Management to set up campuses in foreign countries once they improve their faculty positions.
The Indian Institute of Management IIM (Bangalore) has hiked its fees from Rs 2.5 lakh to Rs 4 lakh.
The Indian Institute of Management (IIM) Indore has made a provision of Rs 4 crore (Rs 40 million) in the coming academic session to provide assistance to the needy students in its flagship Post-Graduate Programme (PGP).
Gaurav Jaiswal, IIM Calcutta -- Batch 2011, shares his experiences and advice.
Over 90 per cent of those who underwent abridged courses at various IIMs this year have got jobs with salaries ranging from Rs 10 lakh to Rs 25 lakh per annum.
Annamalai has faced criticism for the breakup between the AIADMK and the BJP, but BJP leaders say 'he attracts youth, who needs change'.
In a unique initiative, students from IIM-Ahmedabad will work with Communist Party of India - Marxist politburo member Sitaram Yechury and help in planning for the Member of Parliament Local Area Development Scheme this year. They will be involved in the National Rural Employment Guarantee Scheme and Sarva Shiksha Abhiyan. Provisions of the Right to Information Act will be analysed. Students will assess funds spent by the constituency and create a monitoring system.
The youths will be trained on how to pick up early warning signs of terror strikes, and handle terror stricken situations like 26/11 Mumbai Terror attack. IIM-A students have roped in Lowe Lintus, a firm that will be designing the logos and layout for its curriculum.
...and say bye to the humanities-science divide, says Ajit Balakrishnan.
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.
Ahmedabad's Indian Institute of Management and four other business schools from Asia have figured amongst the world's top 100 management schools in a survey published by the prestigious London-based weekly Economist's Intelligence Unit.
Though there is doubt over the methodology, B-school surveys help aspiring management students and recruiters make a more informed choice
The government has decided to establish four new IITs and six IIMs in various states besides upgrading some of the state universities to the status of central universities. While the new IITs would be located in Orissa, Madhya Pradesh, Gujarat and Punjab, the IIMs would come up in Tamil Nadu, J&K, Jharkhand, Chhattisgarh, Uttarakhand and Haryana. For this state governments had to offer adequate land at suitable locations and at free of cost with infrastructure & connectivity.
In spite of effecting a fee hike by 200 per cent, IIM-A is now running at a deficit of Rs 7-8 crore (Rs 70-80 million), against a corpus of Rs 170 crore (Rs 1.7 billion) in 2001. The institute had asked for a fund of Rs 54 crore from the government of which only Rs 2 crore (Rs 20 million) has been disbursed so far. Last year, IIM-A hiked fee for its flagship post graduate programme course by 200 per cent from Rs 5,50,000 to Rs 11 lakhs (Rs 1.1 million).
This year's final placement surprise has once again come from the Indian Institute of Management, Ahmedabad (IIM-A). The premier institute recorded the highest-ever international offer of $360,000 (around Rs 1.44 crore) made by a financial conglomerate (markets) to a Post Graduate Programme (PGP) student.
We asked readers about what they think of the union HRD ministry's proposal to levy an exit tax on IIT and IIM graduates who go to work abroad for lucrative salaries or to pursue higher studies. Here's the readers' response on the subject.
Six times CAT topper rediffGURU Patrick Dsouza explains how you can utilise the final days to improve your performance in the CAT exam.
Union Human Resource Development Minister Murli Manohar Joshi on Friday ruled out reversal of government's decision to lower fees of Indian Institutes of Management.
The lack of resources makes coaching for institutions like Indian Institutes of Technology (IITs), and Indian Institutes of Management (IIMs) and medical colleges unaffordable for a majority of Indian middle class households, who then encourage their wards to enter fields that require lesser counselling fee, says an Assocham study.