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IIM-Lucknow students head to foreign universities	03/09/2010
As part of the Student Exchange Programme (SEP), 53 students of the premier Indian Institute of Management, Lucknow (IIM-L) will head to partner universities in foreign countries.

Problem of plenty: Engineering seats lying vacant in West Bengal	29/08/2010
Engineering education in West Bengal is facing a problem of plenty. Around 6,238 seats are lying vacant after the second round of counselling and the reasons are manifold. A third round of counselling is slated between August 29 and 31, to fill up the vacancies.

IIT-Kharagpur hopes to get Cabinet nod for medical school	29/08/2010
The Indian Institute of Technology, Kharagpur (IIT-K) might finally get a go ahead with its plans to set up a medical school and hospital.Since it signed a $50-million MoU with the University of California, San Diego, last year to set up a 750-bed state-of-the-art hospital and research centre at the IIT, the institute had been pursuing the case with the Union HRD Ministry.

IIMs see surge in pre-placement offers	29/08/2010
Industry majors keen to hire freshers based on their performance during summer internships.

ISB keen on Aiesec members	26/08/2010
I would like to take as many as we can, said Ajit Rangnekar, dean of the Indian School of Business (ISB), while experiencing the youthful energy, enthusiasm and a whole lot of cheer brought in by the Aiesec (Association Internationale des tudiants en Sciences conomiques et Commerciales) members to his campus on Thursday.

Harvard Business School drives Yale and MIT's edifice complex	25/08/2010
Yale Universitys School of Management, which aspires to be among the worlds best business schools, crams its students and faculty into 19th-century homes and former astronomy buildings linked by a rabbit-warren of basements. Thats a far cry from Harvard Business Schools 33-building riverfront campus, which boasts a chapel, health club and its own art collection.

Sujana B-school gets going	24/08/2010
Sujana School of Business, which took shape as a university-industry interface between Jawaharlal Nehru Technological University-Hyderabad (JNTUH) and the diversified industrial group of Sujana, formally began its academic programme on Tuesday.

CAT 2010 starts from October 27

23/08/2010

IIMs and Prometric announced in a media statement that vouchers for CAT 2010 would be available for sale at select Axis Bank branches from August 30 through September 27. Registration and scheduling would open on August 30 and close on September 30. In addition to this, Prometric said it would also release a collection of short videos taht will be made available online to familiarise candidates with the registration and scheduling process, test day procedures and other aspects of CAT. In order to ensure candidates are appropriately prepared, a separate video would be developed to explain the scoring method.

AP reinstates NRI quota in pvt colleges	22/08/2010
Non-resident Indian students can now enrol with private colleges offering professional courses in Andhra Pradesh. In a recent circular, the state government restored a previous order allowing 15 per cent quota for NRI students who could pay their course fees in dollars.

Induction cells may help IIMs meet faculty crunch	22/08/2010
Will take decisions on recruitment, promotion of teachers.

Auditor mindset needs to undergo change

22/08/2010

Section 227 of the Companies Act 1956 requires an auditor to express an opinion on if the balancesheet presents a true and fair view of the state of the companys affairs at the end of the financial year and whether the profit and loss account presents a true and fair view of the profit or loss for the financial year. It also requires an auditor to state specifically whether, in his opinion, the profit and loss account and the balance sheet comply with accounting standards. Auditing and Assurance Standard (AAS) 28 requires the auditor to express an opinion on whether the financial statements give a true and fair view in conformity with the accounting principles generally accepted in India.

IBS to invest Rs 150 crore for campuses across India	22/08/2010
Icfai Business School (IBS), a wing of the Hyderabad-based Icfaian Foundation, plans to invest Rs 150 crore to set up its own campuses across India over the next two years.

Flame's liberal touch to MBA course	22/08/2010
The global financial crisis and the opening up of the Indian market have prompted business schools to reflect on their future course.

A'bad University ties up with Cambridge University for exec prog

20/08/2010

Amrut Mody School of Management (AMSoM), Ahmedabad University (AU) in collaboration with Cambridge Executive Education, Judge Business School (JBS), University of Cambridge has designed an Executive MBA programme for young entrepreneurs of family driven organisations. The programme, which was launched in Ahmedabad today, will help its participants identify and capitalise on business and family strengths for competitive advantage.

IMT benefits from EU academic programme	15/08/2010
Students and faculty of the Institute of Management Technology (IMT), Ghaziabad a signatory to the European Union (EU) s educational programme Erasmus Mundus have started reaping the fruits in form of scholarships.

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People & Career

Q: Dilip Kapur, Founder & President, Hidesign	01/09/2010
Puducherry-based luxury leather brand Hidesign, in which Louis Vuitton holds a 20 per cent stake, is set to launch its eyewear brand in the next quarter. Also on the cards is a range of jewellery, handbags etc along with designer Rohit Bal.

'Advertising needs to be socially creative'

29/08/2010

For long advertisers have bombarded us with TV and print ads that we sat politely and consumed. But as the world turns more social because of the Facebooks, Orkuts, YouTubes and Twitters of the world we are breaking out of the passive-participant mould. The consumer is reacting and influencing others opinions. This throws up challenges for marketers and advertisers. Lucy Jameson, executive strategy director of DDB UK and chair of DDBs Global Planning Futures Group, believes that in todays socially-networked and hyper-connected world, its not enough to craft a message that just touches the individual. What we produce today has to be inherently social. In a conversation with Amit Ranjan Rai, she talks about the importance of social creativity and the shift from traditional advertising.

Q: Devang Khakhar, Director, IIT-Bombay	15/08/2010
Devang Khakhar, director, Indian Institute of Technology, Bombay and a member of the IIT JEE reform committee set up by the HRD Ministry, in an interview with Kalpana Pathak speaks on the challenges in making changes, while retaining the Joint Entrance Examinations reputation for high level of integrity and transparency.

Q: Kapil Kapoor & VD Wadhwa, Timex	08/08/2010
The Timex Group, one of the worlds largest watch makers, set up operations in India in 1992. Over the years the market has evolved and a number of players, both national and international, have rolled out aggressively. Timex India is now catching up and looks ready to provide some strong competition.

Q: B S Sahay, Director, MDI Gurgaon	08/08/2010
High-quality research should be second nature to a top business school, believes B S Sahay, Director Management Development Institute (MDI), Gurgaon. In an interview with Chitra Unnithan, Sahay says the issue of faculty crunch faced by business schools in the country can be tackled with adequate time allotted to research.

Q: Ajay Nanavati, MD, 3M India	01/08/2010
3M India is a 76 per cent subsidiary of 3M, the $23-billion diversified technology company. It has a presence in categories like infrastructure, automotive, oil & gas, healthcare, office stationery and home care. Ajay Nanavati, the managing director of 3M India, has had a long innings in the company. He talks about the 3M strategy for India with Bhupesh Bhandari.

Q: Sudhir Jain, Director, IIT-Gandhinagar

11/07/2010

By becoming, perhaps, the first among the new Indian Institutes of Technology (IITs) to offer students an opportunity to change their branches in their second year, IIT-Gandhinagar (IIT-Gn) has chosen a liberal path. The institute clearly intends to stand out by offering better pay packages over and above the government salaries to attract faculty. Sudhir Jain, director of IIT-Gandhinagar talks to Vinay Umarji on what are the institute's learnings from the older IITs.

Q: Himanshu Rai, Faculty, IIM Lucknow	04/07/2010
The Common Admission Test (CAT) 2009 received bad press last year due to numerous glitches which inconvenienced thousands of students. This year, Himanshu Rai, faculty, IIM Lucknow, in his first interview after taking over as the CAT convener for 2010, tells Chitra Unnithan how he plans to enhance the quality of the premier management test.

Q: John Blake, Vice-President & GM,Eastman Kodak Company

20/06/2010

Kodak has been slow to leave its days of silver halide glory behind and make the arduous transition to a digital imaging company. As recently as 2005, its profit margins had been eroded as nimble digital players such as Canon and Nikon stole a march over it. But after certain course corrections, it has created leadership in point-and-shoot digital cameras in the US and other markets. Since late last year, India too has seen a similar curve for the company.

Q: Archana Shukla, Dean, Noida campus, IIM Lucknow

13/06/2010

Having taken charge as Dean of the Noida campus of the Indian Institute of Management, Lucknow (IIM-L), Archana Shukla has her work cut out for her right from consolidation to the handling of faculty crunch. Though she has been associated with the institute for the past 13 years, Shukla tells Chitra Unnithan that the task is challenging. She discusses some of her plans for the campus in an interview.

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Management

Toyota raises the pitch in hatchback market	01/09/2010
It is a market which every automobile major is eyeing. The hatchback market in India, which is growing at 35 per cent annually, has quite a few superstars Maruti Suzukis Swift, Hyundai i20, Volkswagens Polo, the Skoda fabia and Fords Figo.

Cultivating a brand	29/08/2010
The bustling town off Pushkar lake is an unlikely place for a fast-moving consumer brand to locate an exclusive branded store. But that is where Himalaya Drug Company chose to set up an outlet for Himalaya Herbals, its range of shampoos, face washes, lip salves, moisturisers, foot creams and the like.

JK does a first in branded paper market	22/08/2010
In a first-of-its-kind move in the branded paper segment, J K Paper has tied up with Hewlett Packard (HP) to avail of its ColorLok technology in producing copier paper.

The makeover of Taj

18/08/2010

The grand cantilever staircase and the iconic red dome were singed by flames and pockmarked with gunfire when terror struck Mumbai a little more than 18 months ago. So when Tata Group Chairman Ratan Tata told the Taj Mahal Hotel employees looking over the wrought-iron balustrades last week that the venerable old lady will reopen with the splendour that it has enjoyed for over a century, it was more than just symbolic.

Destination India

15/08/2010

Serving under-served routes in India is paying rich dividends for Tony Fernandes AirAsia. Can the largest low-cost carrier in South-East Asia stay ahead of rivals? Tiruchirappalli or Trichy lies somewhere in the middle of the highway that connects Chennai with Kanyakumari, the southernmost tip of the country. It is a hub for industrial engineering, houses a number of institutions of higher education some of them over a hundred years old and is famous for its temples. It is an ancient city and the fourth-largest urban centre of Tamil Nadu. Still, it is an unlikely place for an aggressive international budget airline to start its Indian operations. But thats precisely what AirAsia, the largest low-cost carrier in South-East Asia, has done. It found that people from Trichy travelled first to Chennai and then took a connecting flight to destinations like Singapore, Kuala Lumpur and Bangkok. It was expensive, and it wasted a lot of their time.

Jaguar goes for the kill	11/08/2010
Most termed it Ratan Tatas vanity play when he acquired the marquee brand in the UK.

A thrifty lifestyle	08/08/2010
How Lifestyle International Managing Director Kabir Lumba is putting the retail chain back on track Some time towards the end of February last year, credit rating agency Crisil had downgraded Lifestyle International, a part of the $3.2-billion Dubai-based Landmark group, a notch.

Cement makers pull out all the stops for Bharat	08/08/2010
From hiring musicians to beefing up distribution, firms are doing everything to push their brands in rural India.

Future's growing appetite for food	08/08/2010
Kishore Biyani is betting big on private labels in food. So after noodles, breakfast cereals and soup, its the turn of rice, snacks, spices and edible oil.

Yahoo! refreshed	08/08/2010
With Pulse and other innovations, Yahoo! wants to get the eyeballs back.

Penn varsity in talks with Indian institutes for tie-ups	08/08/2010
Ranked third in industry research, the institute is number one in many research areas like supply chain and energy.

Hardsell in Indian skies	01/08/2010
Why Emirates has launched a high-decibel campaign to promote the planes in India even though the country is still not on the A-380 map.

The Strategist Quiz (#158)	18/07/2010
This product dates back to 1929 and was known for its trademark green shaft and transparent ink window. The brand under which it is sold was founded by a chemist in 1838 and currently has a Hanging Gardens of Babylon edition too. Name it.

Operation Medanta	18/07/2010
Naresh Trehan is confident the world-class medical care offered at his new hospital facility in Gurgaon will make it profitable in a year.

Leveraging the lessons	18/07/2010
Research conducted with a group of global organisations reveals how they are proactively addressing cultural integration issues in mergers and acquisitions.

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