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 government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
Human Resource Development Minister Arjun Singh has convened the meeting of directors of all IIMs to discuss issues relating to, among other things, autonomy and measures to further strengthen the institutions.
In an apparent softening of his stand, Union Human Resource Development Minister Arjun Singh on Wednesday said the prestigious Indian Institutes of Management
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In a bid to incentivise its staff and improve their performance, Air India may soon offer them employee stock options (ESOPs). The erstwhile national carrier, which was acquired by the salt-to-steel conglomerate Tata Group last year, will be the second company in the Group to have an ESOP policy. Tata Motors is the other Group company with an ESOP policy, which was implemented in 2018.
The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Human Resource Development Minister Arjun Singh has called a meeting of the directors and the chairmen of all the six premier Indian Institutes of Management on May 31.
The Shunglu committee, which went into the financial needs of the Indian Institutes of Management, is understood to have backed the drastic fee reduction mooted by Human Resources Development Minister Murli Manohar Joshi.
After agreeing to the Centre's decision to drastically reduce fees, the Indian Institute of Management, Indore, on Monday sought an annual assistance of Rs 2 crore from it.
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The government said that the premier B-schools should meet domestic demand first.\n
FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.
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