Explore Business Standard
An e-commerce company has offered an annual salary of Rs 1 crore to a student of the Indian Institute of Management (IIM) Indore, an official said Tuesday. This is the highest annual package offered during the final placement round of this session at IIM-I, the official said. "One of our students has bagged the highest salary package of Rs 1 crore during the final placement period of this session. This student has been offered a job in the sales and marketing department by a company in the e-commerce industry. The offer is for domestic placement," the official said. Against the backdrop of "a cooling job market", the season culminated with more than 150 recruiters extending offers to 594 students of the two-year Post Graduate Programme (PGP) and five-year Integrated Programme in Management (IPM), the official said, adding that this reflects the industry's unwavering trust in the institute and its students. The statistics for this year consisted of the average CTC (cost to company)
Prime Minister Narendra Modi will arrive in Odisha on Saturday afternoon to unveil projects worth Rs 68,400 crore in the state, including the new campus of IIM-Sambalpur, officials said. The prime minister will reach the Jharsuguda airport around 1 pm, and head to the IIM-Sambalpur campus where CM Naveen Patnaik, Governor Raghubar Das and Union Education Minister Dharmendra Pradhan will join him, they said. Besides the Rs 400-crore campus, Modi will also unveil infrastructure projects worth Rs 68,000 crore. These projects span sectors such as power, roads and railways. Modi will address a public meeting at Remed Ground around 3 pm, before leaving for Guwahati, officials said. Stringent security arrangements have been made for the PM's visit, they said.
The National Centre for Drinking Water, Sanitation and Quality in Kolkata has been renamed as Dr. Syama Prasad Mookerjee National Institution of Water and Sanitation, the government announced on Wednesday. The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, gave ex-post facto approval to the proposal to rename the institute set up on 8.72 acres of land in Joka, Diamond Harbour Road, Kolkata. The prime minister inaugurated the institute last month. It is envisaged as a premier institute to develop capacities in states and Union territories in the field of public health engineering, drinking water, sanitation, and hygiene through training programmes. Such capacities are envisaged for not only the frontline workforce engaged in implementation of the Swachh Bharat Mission and the Jal Jeevan Mission, but also for the representatives of local bodies, both rural and urban, an official statement said. Accordingly, suitable infrastructure has been developed, including