Delhi cancels IIM single test diktat
New Delhi: Having settled the IIM fee controversy, the government has made another concession, withdrawing the directive for a single entrance examination for all management institutes.
The IIMs had opposed a single examination on the grounds that they would lose their autonomy and revenue that the common admission test (CAT) run by them brought. Anxious not to be seen as attacking the independence of the IIMs, the human resource development ministry has issued a resolution permitting five entrance examinations for admission to MBA courses. An official said it had been decided that for the 2005-06 session, students would be admitted through any of the five national entrance tests, including CAT and JMET conducted by IITs.
But if the minister, Arjun Singh, expected the IIMs to reciprocate his gesture and agree to his proposals, he got it wrong. A day after he proposed that the older IIMs help the government set up new institutes, the chairman of the board of governors of IIM Ahmedabad and Infosys chief, .R. Narayana Murthy, was quick to reject the idea.
Murthy said premier IIMs, like the one in Ahmedabad, have a lot to do to strengthen themselves. “IIM Ahmedabad cannot take up other IIMs. It cannot do anything for others.” Arjun Singh had announced plans to set up an institute in the Northeast, which he said could be run by one of the established IIMs to begin with.
Outsourcing on B-school agenda
Bangalore: The University of Michigan Business School and the Indian Institute of Information Technology (Bangalore) have launched a unique research centre here for studies on managerial issues and emerging practices in leveraging global resources and accessing new markets, reports our special correspondent.
he Centre for Global Resource Leverage: India will be jointly headed by management gurus C.K. Prahalad and his colleague at the Michigan university, M.S. Krishnan.
Scholars will focus on the interface between global companies and Indian firms and on the issues and challenges associated with maximising the talent pool and knowledge infrastructure in India. The areas of study would include services outsourcing, manufacturing outsourcing, the Indian economy, India-US business interaction and market opportunities at the “bottom of the economic pyramid”.
esearchers would address four key questions: How global and Indian firms could benefit from outsourcing relationships; the dynamics that define these relationships; the points of tension in such relationships and how they could be resolved and how companies could transform outsourcing relationships into sustainable, mutually beneficial relationships.
Reddy appoints key advisers
Hyderabad: Peter T. Hussan of the Federation of Indian Chambers of Commerce and Industry has been appointed adviser on industry affairs to the month-old Y.S. Rajasekhar Reddy government in Andhra Pradesh, reports our special correspondent.
The government also appointed Reddy’s personal chartered accountant, D.A. Somayajulu, as economic affairs adviser
Madhumita case
Lucknow (PTI): A CBI court on Friday extended the judicial remand of Madhumani Tripathi and three others accused in Madhumita Shukla murder case till July 2. Accused Prakash Chanda Pandey, Rohit Chaturvedi and Santosh Rai were produced before the court of special judicial magistrate. Madhumani could not appear in court because she was ill.
Hoax bomb call
Chennai (PTI): An anonymous phone call warning police of a bomb explosion at the Chennai airport triggered panic on Friday. The call later turned out to be hoax. Police said the caller had warned that an explosive device would go off at the airport at 11 am. A thorough search failed to detect any explosive in the airport precincts.
Salman in trouble
Jodhpur (PTI): An eye-witness on Friday told a court here that actor Salman Khan was hunting black bucks in October 1998. “Khan shot with his rifle two black bucks during the night of October 1 and two near Badaron ki Dhani village in Luni Tehsil, six years back,” local villager Poonam Chand Vishnoi told the court.
Robbers kill cop
New Delhi: A constable of the Railway Protection Force died of stab injuries he suffered when he rushed to the rescue of an unidentified person whom six armed assailants were trying to rob early on Thursday.
Rail protest
Jaipur (PTI): Hundreds of apprentice seeking regular employment with the North-West Zone Railways protested on the rail tracks on Friday. An official said over 200 youths also ransacked offices at the zone headquarters.
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A helicopter service to transport tourists from Srinagar to the famous health resorts of Gulmarg and Pahalgam in Jammu and Kashmir was started on Thursday. Officials said in a month’s time, Amarnath pilgrims could also avail the special service.
