Indore: A post-graduate program student of Indian Institute of Management Indore has received a job offer with salary package of Rs 34 lakh per annum. Without disclosing the names of the employer-firm and the student, an IIM spokesman said the job was offered in India, to a student of the PGP 2011-13 batch.
A total of 432 students and 142 companies took part in the placement process and the average salary offered was Rs 12.1 lakh per annum.
Maximum jobs were offered in sales and marketing (29 per cent).
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08:08 PM, May 19, 2013
Mumbai: Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block, with the Finance Ministry questioning the rationale behind the proposed scheme. The VRS scheme is "stuck in the Finance Ministry over the payment of Rs 1,200 crore for it. The ministry has pointed out that around 7,000 employees will retire from service over the next three years...
01:50 PM, May 19, 2013
Guwahati: Assam Chief Minister Tarun Gogoi said at Guwahati on Saturday there was considerable improvement in the law and order situation in the state over the past 12 years. He added that the government has been able to bring almost all insurgent outfits to the negotiating table. Gogoi completed his second year as chief minister for the third consecutive term Saturday. He said that while 412 civilians were killed due...
05:42 AM, May 19, 2013
Mumbai: Bollywood actor Sanjay Dutt spent his first night after returning to prison reading spiritual books even as Maharashtra Government authorities are yet to decide on keeping him at Arthur Road Central Jail in Mumbai or shifting him elsewhere. The 53-year-old filmstar surrendered before TADA Court on Thursday and was later shifted to the high-security jail in central Mumbai. He has to serve 42 more months in jail after his...
05:33 PM, May 17, 2013
CNN-IBN had exposed how 40 financial companies in Odisha had duped investors of more than Rs 20,000 crore. ...
03:18 PM, May 11, 2013
New Delhi: There are no Indian universities in the top 200 in the world, to the QS World University Rankings. But in the recently released QS World University Rankings by Subject, a few Indian universities have broken into the top 50 for certain subjects. In all 15 Indian institutions in world's top 200 for at least one subject. Top Indian institutions by subject [global rank in brackets] ARTS & HUMANITIES...
06:21 PM, May 10, 2013
Gaya: Highlighting initiatives undertaken by his government, Bihar Chief Minister Nitish Kumar on Wednesday said the pace of progress could be understood from the almost ten-fold increase in funds spent on development in the state. "Prior to the NDA rule not even Rs 3,000 crore were spent on developmental works in Bihar. The amount has now risen to Rs 26,000 crore in fiscal 2012-13," Kumar said in Gaya. He said...
12:43 AM, May 09, 2013
Patna: A 13-year-old boy from Bihar has cracked the preliminary examination of the highly competitive Indian Institute of Technology-Joint Entrance Examination (IIT-JEE). He is the youngest to pass the exam. Satyam Kumar of Bakhorapur village in Bhojpur district qualified for the IIT in 2012 at the age of 12-and-half years, after he got special permission from the CBSE, Mumbai zone. He then secured an all-India rank of 8,137. Not satisfied...
08:45 PM, May 08, 2013
Bangalore: The results for the Karnataka Assembly elections, which recorded the second highest voter turnout in 35 years with a polling percentage of 71.29 in the May 5 voting, will be known on Wednesday. The results will decide the fate of 2,940 candidates in 223 Assembly segments. Out of these, Bangalore slightly improved its record with a higher turnout at the booths but still remained the lowest in the state....
11:29 PM, May 07, 2013
Sangrur: Several persons, including six police personnel, were injured after a protest by university students on Monday turned violent as agitators ransacked and set ablaze several vehicles and a portion of the varsity's building. Students of deemed university Sant Longowal Institute of Engineering and Technology in Longowal city in Sangrur ransacked the administrative block and smashed window panes of several vehicles, including the institute director's car. The students smashed about...
12:25 AM, May 07, 2013
Mumbai: Gujarat Chief Minister Narendra Modi on Thursday accused the UPA government of "degrading" constitutional institutions and endangering the federal structure of the country. "All our constitutional institutions are being degraded. If we don't give strength to our constitutional institutions, all systems will be finished," Modi said. "A democracy functions according to systems. It cannot be based on individuals. People may come and go, but the system of democracy is...
03:57 AM, May 03, 2013
New Delhi: The Delhi High Court on Thursday upheld the Chief Information Commision's (CIC) order directing the unaided private schools to give out information relating to total no of seats in all classes. The court, however, said the schools need not disclose informations relating to their financial records. Justice Rajiv Shakdher passed the order while hearing a plea of Delhi State Public School Management Association challenging the CIC's December 2010...
01:30 AM, May 03, 2013
Mumbai: Police claimed to have busted an MBA entrance test racket, with the arrest of six persons, including a B Tech graduate, at the Narsee Monjee Institute of Management Studies (NMIMS). The B Tech graduate, who is the prime accused in the case, has been identified as Alok Kumar, who cleared the NMIMS entrance test several times by impersonating real applicants. About 87 students cleared NMIMS Management Aptitude Test (NMAT)...
10:08 PM, May 02, 2013
New Delhi: The government on Thursday allowed Swedish furniture major IKEA to invest Rs 10,500 crore - the biggest ever FDI proposal in single brand retail - for setting up home furnishing stores in the country. "Whatever proposal of IKEA was there has been cleared," Information and Broadcasting Minister Manish Tewari told reporters after the application was cleared by the Cabinet Committee on Economic Affairs headed by Prime Minister Manmohan...
09:30 PM, May 02, 2013
New Delhi: IIT Kharagpur, has revoked the suspension of whistleblower Professor Rajeev Kumar who had exposed flaws in JEE and other irregularities in the institute. The action came after a probe report by a one-member inquiry committee which went into the charges levelled against him, which was accepted by the IIT Kharagpur's Board of Governors. "Prof Kumar has been reinstated," said sources in the HRD ministry adding, the direction was...
04:57 PM, May 01, 2013
New Delhi: Overseas investors pumped USD 823 million into the stock markets in the month of April, taking the total investment tally to over USD 11 billion in 2013 so far. Foreign institutional investors (FIIs) infused a net amount of USD 823 million (about Rs 4,450 crore) in Indian stock market in March taking the total inflows to USD 11.2 billion (Rs 60,072 crore) in less than four months of...
01:50 PM, Apr 28, 2013
New York: When Apple launched its iTunes music store a decade ago amid the ashes of Napster, the music industry - reeling from the effects of online piracy - was anxious to see how the new music service would shake out. "The sky was falling, and iTunes provided a place where we were going to monetize music and in theory stem the tide of piracy. So, it was certainly a...
03:25 PM, Apr 25, 2013
