With the pressure mounting on them to bring a satisfactory closure to the computer-based Common Admission Test (CAT), the Indian Institutes of Management (IIMs) have announced a procedure to look into the wrong-doings of the first online edition of the test this year.

IIMs to look into CAT 2009 fiasco

Business Standard

Pankaj Sarma (name changed), associate professor with an Indian business school, earns Rs 1 lakh every month for evaluating papers written by students in the US. This is apart from his salary of Rs 60,000 as per University Grants Commission scale.

Indian professors clear outsourcing test

The Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs) is the most ridiculous entrance test in the world, noted management guru and honorary dean, Indian Institute of Planning and Management (IIPM), Arindam Chaudhuri said here.

Management guru hits out at CAT

To avoid a repeat of the chaos seen this year in the first few days of computer-based Common Admission Test (CAT), the Indian Institutes of Management (IIMs) are thinking of doubling the testing window period next year to make the process smoother.

IIMs consider doubling CAT test window next year

Offers for senior positions take longer since companies spend more time screening the 1-year executive management programme students.

More firms pay early visit to size up Aspiring or Sr Managers

Vinod Gupta School of Management (VGSOM) at IIT-Kharagpur is increasing the tuition fees for its flagship two-year postgraduate MBA programme by 150 per cent from the next academic year (July 2010) to fund infrastructure expansion and other expenses.

VGSOM to hike tuition fees by 150%

The premier Indian Institutes of Technology (IITs) are gearing up to complete the implemention of the scheduled caste (SC), scheduled tribe (ST) and other backward classes (OBC) quota requirement for faculty positions from next year.

IITs begin advertising to fill faculty quota seats

In a first at the National Institute of Design (NID), academic profiles were offered to the graduating batch of young designers during placements this year. The annual industry interface at NID campuses in Ahmedabad and Gandhinagar saw around 70 firms visiting the campus. Apart from academics, profiles in auto design, apparel design, retail, and product design were offered by some of the biggies like Honda R&amp;D, Bajaj Auto, LG, Madura Garments, TAFE, Luxor, Godrej Industries Limited, and Godrej &amp; Boyce Manufacturing.

Rs 9.9 lakh highest offer at NID

Brand experts are divided on the move to drop the 10-year old name of the European steelmaker, which contributes 70% of Tata Steel&rsquo;s production.

Tata's ta-ta to Corus

Famed British toy retailer Hamleys will make its India debut with a 22,000-square-feet store at the popular Phoenix Mills in Mumbai, by February next year.

Hamleys set for India debut in February

Swedish telecom equipment provider Ericsson is looking for a new identity to make the brand more vibrant at a time when the company is moving from being just a equipment provider to one which manages services.

Brand Ericsson gets a makeover

Coca-Cola India is adding one more product to its portfolio in India - Burn. It is a premium energy drink (250 ml for Rs 75) which the company has launched to tap the Rs 200 crore energy drink market in India that is growing at over 60 per cent over the last couple of years. It will compete with Gatorade from PepsiCo and other established products like Red Bull and Cloud 9. Seema Sindhu spoke to Ricardo Fort, vice-president, marketing, Coca-Cola India, about the company&rsquo;s plans on Burn, how it will impact the competition and other issues.

'Burn targets those who are always on a high'

Tata Teleservices is trying its hand at mobile TV, though not on mobile phones. It is offering streaming TV content through its Internet wireless broadband &mdash; Photon Plus. While mobile TV is not news to technophiles, since mobile TV content has been made available by operators such as Reliance Communications as well as broadcasters like Star TV and handset makers such as Nokia on mobile phones, high speed wireless broadband will stream TV for the first time. So, even as mobile phones wait for quality content, Tata Teleservices hopes that Photon TV will fill the need gap on laptops.

Tata Teleservices: TV on the move

Coca-Cola launched its energy drink brand Burn in the Indian market a few days ago, targeting high-spending, young, urban consumers. Positioned as an after-hours drink, Burn is setting its sights on pub-goers and the clubbing crowd.

Coca-Cola: No burn-out

The market for medical equipment in India is valued at Rs 5,750 crore and is expected to grow at around 23 per cent annually for the next few years. Medical equipment can be categorised into diagnostic and surgical, with the latter having 55 per cent market share.

KIT: The Indian market for surgical equipment

MARKETING SSENTIALS, MARKETING RESEARCH WORKBOOK
Publisher: McGraw-Hill 
Price: Rs 1,659
ISBN: 0078259754.
E-COMMERCE
Author: Brian C Satterlee
Publisher: iUniverse
Price: Rs 843
ISBN: 0078259754.
HOW TO FAIL IN BUSINESS
Author: Troy Dowden
Publisher: iUniverse
Price: Rs 793
ISBN: 0078259754.
FINANCE FOR NON-FINANCE MANAGERS
Author: B K Chatterjee
Publisher: Jaico Publishing House
Price: Rs 275
ISBN: 8172245262.
HUMAN RESOURCE PLANNING
Author: John Bramham
Publisher: Universities Press (India) 
Price: Rs 200
ISBN: 8173712611.
MANAGEMENT
Authors: Stephen P Robbins and Mary Coulter
Publisher: Pearson Education 
Price: Rs 325
ISBN: 8178086492.
INTUITIVE SELLING
Author: Thomas Wood-Young
Publisher: Jaico Publishing House
Price: Rs 160
ISBN: 8179923215.
WHAT THE DOG SAW
Author: Malcolm Gladwell
Publisher: Penguin Books India
Price: Rs 599
ISBN: 9781846142765.
CORPORATE GOVERNANCE
Author: Scott C Newquist
Publisher: Jaico Publishing House 
Price: Rs

The top 10 business bestsellers

    The B-school that bears this person&rsquo;s name recruits about a third of its students from outside the business world. He helped inspire the megachurch movement and acted as an informal adviser to the Girl Scout movement in the US. Identify him.

The Strategist Quiz (#127)

    Fill in the blanks and identify the company from this ad: &ldquo;In 1969 space pioneers Armstrong, Aldrin and Collins set out to bring the moon a little closer. In 1969 our founders ___, ___ and ____ set out to make the world a little smaller.

Answers to last week&#39s quiz (#126)

Unhappy over thousands of students failing to write the Common Admission Test (CAT) due to technical problems, the Ministry of Human Resource Development (MHRD) is meeting directors of Indian Institutes of Management (IIMs) on Wednesday to discuss its concerns.

Govt to meet IIM directors on CAT fiasco

Religare aims to become one of the top financial services companies globally, and in double-quick time.

Eyes on the world

&ldquo;What does the consumer want? What does the market want?&rdquo;
&ldquo;Who the hell is the consumer? Where is he? Is he listening?&rdquo;
&ldquo;Why will he buy this stupid vanilla product, that too a twentieth &lsquo;me too&rsquo;?&rdquo;
&ldquo;Why can&rsquo;t they make an innovative product instead?&rdquo;
&ldquo;Isn&rsquo;t the idea already done?&rdquo; 
&ldquo;Slice of life? Isn&rsquo;t that too generic?&rdquo;
&ldquo;Idea! Our ad will be more emotional!&rdquo; 
&ldquo;Yeah!

Page 677 - News