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The Indian Institute of Management (IIM) Mumbai on Wednesday said it has secured a 100 per cent placement for students of the 2025 batch with the highest salary package touching Rs 47.5 lakh per annum (LPA). The overall number of job offers has seen a remarkable increase of more than 10 per cent compared to the previous year, while the average salary package was higher by 5 per cent, IIM Mumbai Director Prof Manoj Tiwari told reporters. A total of 198 companies participated in the placement process, with the top 10 per cent of the batch securing an impressive average salary of Rs 47.5 lakh. The top 20 per cent and top 50 per cent of students received an average salary package of Rs 41.2 lakh and Rs 34.1 lakh per year, respectively, he said. This year, there was notable growth in hiring across multiple sectors, with the pharmaceutical and healthcare segment witnessing a 130 per cent increase in offers, driven by the industry's rapid expansion and rising demand for innovation, ...
Competition Commission can now appoint agencies to monitor the implementation of its orders, with the notification of amended regulations. The move also comes amid instances of some entities flagging concerns about non-compliance with certain orders of the regulator, which works to ensure fair competition in the market place. The Competition Commission of India (General) Regulations, 2024 were notified on Tuesday. Now, agencies can be appointed by CCI to monitor the implementation of its orders. The agencies can be accounting firms, management consultancy or any other professional organisation or chartered accountants, company secretaries or cost accountants. "Where the Commission is of the opinion that the implementation of its orders passed under Section 31 or Section 48A or Section 48B or any other provisions of the Act and regulations made thereunder, needs monitoring, it may appoint agencies to oversee such implementation, on such terms and conditions as deemed fit by the ...
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Mansun Consultancy and its promoters have settled with capital markets regulator Sebi a case on alleged violation of investment advisers norms. Mansun and its promoters/directors -- P R Sundar and Mangayarkarasi Sundar -- paid Rs 15.60 lakh each towards the settlement charges, as per a Sebi order on Thursday. Besides, the terms of the settlement also included the disgorgement of the fees collected by Mansun, along with the 12 per cent per annum interest -- from June 2020 till February 2023 -- of Rs 6.07 crore. In the revised settlement terms, the applicants proposed that Mansun, PR Sundar and Mangayarkarasi "shall refrain from buying, selling or otherwise dealing in securities in India for a period of one year from the date of passing of the settlement order". "The Applicants shall refrain from buying, selling or otherwise dealing in securities markets for a period of one year from the date of passing of the settlement order," Sebi's Chief General Manager Anitha Anoop, said in the