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IT majors make 408 offers at Osmania
IT majors — Tata Consultancy Services (TCS), Infosys, Wipro Technologies and Cognizant Technology Solutions — have made 408 job offers to the students of Osmania University College of Engineering (OUCE) during the "premium company recruitment drive" that ended on December 31.

Govt takes tough stand, rejects new schedule
The Union Ministry of Home affairs (MHA) has taken a tough stand on the Indian Premier League (IPL) issue and told its organiser — the Board of Control for Cricket in India (BCCI) — that forces could not be diverted from election-related duties for this cricketing extravaganza.

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Sugar mills to get more time for export obligation
The government today said it will allow sugar mills more time to comply with export obligations as the priority now was to meet domestic demand.
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New IIMs raise mentorship concerns

The existing IIMs will have to guide the new ones even as the issue of faculty crunch has raised its ugly head again - AIIMS researchers develop device to administer IV medicine - Cabinet nod for 7 new IIMs, Rs 1,000 cr earmarked">Cabinet nod for 7 new IIMs, Rs 1,000 cr earmarked - Arvind Singhal: India"s agriculture challenge - B-schools strategise to fight flu scare - IIT faculty take casual leave to protest against snipped pay hike - Govt invites applications for directors at 4 new IIMs With the Manmohan Singh government approving seven new Indian Institutes of Management (IIM), the faculty and management of the existing ones appear to be under stress. Given the recommendations of the Bhargava committee that existing IIMs — which include IIM-Ahmedabad, IIM-Bangalore, IIM-Calcutta, IIM-Lucknow, IIM-Kozhikode, IIM-Indore and IIM-Shillong — will have to mentor the new ones, issues like faculty crunch and even fewer faculty with PhDs have once again raised their ugly heads. For instance, IIM-Indore which is likely to mentor IIM- Raipur (Chattisgarh), given its proximity to the institute, has a long way to go before it reaches the required faculty strength of 450. Currently, according to V K Gupta, dean of IIM-Indore, the institute has a total faculty strength of around 40. “We will have to create faculty and provide whatever other assistance that we can to the new IIM that we will mentor. I am guessing we will be asked to mentor Raipur since it is close to our campus. We are working on a model to get the best of the faculty for ourselves meanwhile,” Gupta said. The proposed seven new IIMs will be set up in Trichy (Tamil Nadu), Ranchi (Jharkhand), Raipur (Chhattisgarh), Rohtak (Haryana), Jammu and Kashmir, Uttarakhand, and Rajasthan. While the first four will start classes in the 2010-11 academic year, the rest will be operational from the year after. Even IIM-Ahmedabad, which intends to have a faculty strength of around 110 by 2011, was able to add around only 10 faculty members in last 15 months. IIM-A, which will be mentoring the upcoming IIM in Rajasthan, has a faculty strength of over 90. As of now, the existing IIMs are waiting for a communication from the Centre on which new IIMs they will have to mentor before they begin tackling the challenges. "We have not received any communication from the Centre yet. We have agreed to mentor the IIMs and will come to know once the process of mentoring starts as to what are the challenges we face and what are we expected to do," says Pankaj Chandra, Director, IIM-Bangalore. Moreover, the old IIMs are also occupied with fulfilling the quota implementation requirements and incurring expenditure on infrastructure expansion at their respective campuses. An allocation of Rs 451 crore as non-recurring expenditure and Rs 118 crore as recurring expenditure has been sanctioned by the Centre for the new IIMs for the first phase. While the new IIMs will begin their academic sessions with a minimum batch strength of 140, the number can go up to 560 eventually.


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