Page 4 - Management
Parliament passes Bill to empower Prez with management IIMs' accountability
Parliament on Tuesday passed a bill which seeks to entrust the management accountability of the IIMs with the President, who will be the Visitor to the premier B-schools and have powers to audit their functioning and remove or appoint directors. The Rajya Sabha cleared the Indian Institutes of Management (Amendment) Bill, 2023, which aims to strengthen the governance and oversight of the prestigious institutions while preserving their academic autonomy, by a voice vote. Lok Sabha had cleared the bill on August 4. Replying to a debate on the bill in Rajya Sabha, Education Minister Dharmendra Pradhan said the government has no intention to take away the academic accountability from the institute but the bill will only ensure its management accountability. He noted that the Centre has spent more than Rs 6,000 crore in setting up the IIMs. According to the bill, which seeks to amend the IIM Act of 2017, the President will be a Visitor to the Indian Institutes of Management (IIMs) with
 "Parliament passes Bill to empower Prez with management IIMs' accountability")
Command and control
Changes in the law will affect IIMs' autonomy
 "Command and control")
74% managers say they want to be trained for their assigned role: Report
The Grand Manager and Workplace Report by upGrad-led Harappa finds that companies cannot seem to agree on what makes a good manager while also examining key challenges managers face in the workplace
 "74% managers say they want to be trained for their assigned role: Report")
CMAT Result 2023: NTA To Release CMAT Scorecards Soon, details here
Applicants can see their CMAT Results 2023 once they are accessible on the official website at cmat.nta.nic.in
 "CMAT Result 2023: NTA To Release CMAT Scorecards Soon, details here")
Audit intricacy, access to talent make splitting audit-non-audit biz tough
Experts say audit no longer simplistic, involves analytics, AI, automation, forensics and tax expertise; Greater audit quality needs variety of skills found in multidisciplinary structure
 "Audit intricacy, access to talent make splitting audit-non-audit biz tough")
 "Management consulting firm Cognitute takes an ethical outcome-driven sustainable approach to consulting")
The idea of a board coach
To improve governance, can a coach help by holding a behavioral mirror to a board?
SBI Funds Management appoints Shamsher Singh as new MD, CEO of company
SBI Funds Management Ltd on Thursday said it has appointed Shamsher Singh as managing director and chief executive officer of the company. Singh, who was deputy managing director at State Bank of India (SBI), has taken over the charge from Vinay M Tonse following his repatriation to the public sector lender, the asset management company said in a statement. Singh has more than 32 years of rich experience working with SBI in various verticals, including investment banking, treasury, corporate banking and branch banking. He had joined SBI as probationary officer in June 1990 and moved up the ranks to become deputy MD by successfully managing leadership roles across domains besides serving international stints in the US, Bahrain and UAE. "Its a huge responsibility to manage the growth dynamics of the No. 1 mutual fund house in the country... As a market leader our aim is to ensure that more domestic investors consider mutual funds when planning for their financial goals while we reach
 "SBI Funds Management appoints Shamsher Singh as new MD, CEO of company")
 "Entrepreneur Jass Dhillon to multiply fleet of 110 trucks to 500 in the next decade")
CAT 2022 registration last date today: Here's how you can apply online
Candidates who wish to apply for CAT 2022 to take admission in various management programs can register online latest by 5 pm today
 "CAT 2022 registration last date today: Here's how you can apply online")
Why shareholders need to be good stewards
Shareholders are collectively responsible for driving business and must learn to be good stewards
IPE: Transforming students into global leaders
Know how IPE has become a premier management institute that creates global business leaders, year after year
 "IPE: Transforming students into global leaders")
Poonawalla Fincorp reinstates Abhay Bhutada as managing director
Independent probe clears him of insider trading charges
 "Poonawalla Fincorp reinstates Abhay Bhutada as managing director")
Adapt & grow: How India's unicorn boom will impact B-school education
What will happen if the hopes of 75 more unicorns in 2022 actually come true?
 "Adapt & grow: How India's unicorn boom will impact B-school education")
Management guru Bala Balachandran, 84, passes away after brief illness
The Chairman and Dean (Emeritus) of Great Lakes Institute was also a J L Kellogg distinguished professor; in 1960s he helped recruit the first set of faculty members to IIM Bangalore
 "Management guru Bala Balachandran, 84, passes away after brief illness")
Management guru Professor Bala V Balachandran passes away
Management guru and founder of Great Lakes Institute of Management (GLIM) here - Professor Bala V Balachandran died following a brief illness
 "Management guru Professor Bala V Balachandran passes away")
Auto firm Stellantis makes top-level appointments for Indian region
Appoints Roland Bouchara as CEO & Managing Director, Partha Datta to head Engineering, Design and R&D
 "Auto firm Stellantis makes top-level appointments for Indian region")
Are wives more resilient than their husbands in business leadership?
Malavika Hegde of Cafe Coffee Day joins a small league of wives who have gone on to rewrite the future of their companies after the untimely demise of their husbands. What accounts for their tenacity?
 "Are wives more resilient than their husbands in business leadership?")
A practitioner's guide to marketing
Book review of Pragmarketism: Pragmatic Marketing Insights For Winning Indian Consumers
 "A practitioner's guide to marketing")
Indians' love for things foreign
…is this a virus more dangerous than Covid-19?
 "Indians' love for things foreign")
