Showing posts with label Calcutta. Show all posts
Showing posts with label Calcutta. Show all posts

Saturday, 26 October 2019

IIM-C ends summer placements with 136 firms offering jobs to 480 students

IIM Calcutta has concluded summer placements for its 56th batch, consisting of 480 students pursuing the MBA programme, with 136 participating firms offering nearly 200 roles to the class of 2021.
Finance and consulting firms accounted for 43.2 per cent of the total offers. Several firms also opened international roles including Bank of America, Merrill Lynch, Deutsche Bank, Barclays, Hexaware, said the statement from the institute.

Finance majors such as Brookfield, Macquarie, Gaja Capital, Bank of America Merrill Lynch, Barclays, Deutsche Bank, BPEA, Edelweiss, DE Shaw, Avendus participated in hiring interns.
Citibank (15), closely followed by Goldman Sachs (11), were the largest recruiters in the banking and finance sector. The sector also saw first-timers such as NIIF, Indigrid and White Oak Capital Management, among others.
The consulting sector attracted the highest number of offers with participation from McKinsey, Bain, BCG, ATK, KPMG, Mastercard and EY. BCG and Accenture Strategy were the largest recruiters, hiring 19 and 17 interns respectively.
Sales & marketing and the general management domain covered 35 per cent of the total pie. Students were also offered leadership roles by conglomerates like Mahindra & Mahindra, TAS, ABG, RPG, Godrej and RIL.
FMCG majors HUL, P&G, Nestle, ITC, Johnson & Johnson, AB InBev, Mondelez, Coca-Cola, Asian Paints, Dabur and RP-Sanjiv Goenka Group also participated in the process. HUL was the largest recruiter in the sector with 12 offers.
Product management, operations and the e-commerce sector had 20 per cent of the total intern recruits. The institute said that this segment saw an exceptional rise in the number of hires from IIM Calcutta.
Amazon and Microsoft were the major recruiters with 20 and 12 interns respectively. Other major firms include Adobe, Media.Net, Salesforce, Udaan, Cloudtail, Flipkart, Uber, Ola and Oyo.
Several new firms were added across the spectrum to cater to a larger batch size and provide multiple options to the students, said the institute. The number of participating firms grew by 13.33 per cent which included first timers like Puma, Emami, Cochlear, Atha Group, Valuelabs, Apparel Group.
Career Development & Placement Committee, Abhishek Goel, said, “The results this year speak volumes of our small team’s capabilities. The speed at which we are able to get about 500 internship offers is phenomenal and unprecedented. That we are able to do this by following due processes in a transparent manner is very satisfying.”

Monday, 4 February 2019

HC refuses Mamata govt immediate hearing on CBI's attempt to grill top cop

The Calcutta High Court on Monday refused immediate hearing on the West Bengal government's plea against the CBI's attempt to question city police chief Rajeev Kumar at his residence in connection with chit fund scam cases.
Following objection by the Union government, Justice Shivakant Prasad refused to give the matter an immediate hearing and listed it for Tuesday.
State Advocate General Kishore Dutta submitted that despite a stay by the high court on steps regarding notice to state police officials, the CBI sought to enter Kumar's residence on Sunday and question him.

ALSO READ: Bengal governor preparing report on CBI episode: Raj Bhavan source
He submitted that the court is scheduled to hear the matter on February 13 and as such, the CBI's attempt to enter Kumar's official residence was in violation of its order.
Additional Solicitor General Kaushik Chanda submitted that the stay was on a CBI notice to only Arnab Ghosh, the then deputy commissioner (detective department) of Bidhannagar Police, which initially investigated the chit fund case, and two other police officials - Dilip Hazra and Sankar Bhattacharya.
ALSO READ: CBI team reaches Kolkata Police Comissioner's house, stopped outside
He further told the court that the CBI has already moved the Supreme Court, on the order of which the central agency is investigating the chit fund cases, and as such the hearing on the state's prayer be adjourned.
He submitted that the Supreme Court has fixed hearing on CBI's plea on Tuesday.
ALSO READ: SC to hear CBI's plea on Tuesday; here's how the drama unfolded in Kolkata
The AG then prayed that the CBI be directed not to take steps with regard to its notice to Kumar till the matter is heard by it Tuesday, but Justice Prasad refused to give any such direction.