IIM-Calcutta want the fund of 50 cr.

Chennai, Sept. 24 Indian Institute of Management Calcutta (IIM-C) is an Indian company plans to use the funds to complete some of its infrastructure projects in the following increased intake of students for the past three years. "The student intake has increased. This year, the total consumption of about 450 students. Former consumption was about 260 students," IIM-C Director Shekhar Chaudhuri told IANS here. "Construct about 530 000 square meters of new construction. Half of the project. We have built 14 classrooms in the 19 planned. Two new hostels are under construction. The total project cost is about Rs.195 crore," he added. 

He said that the department has decided to approach companies for a Rs.50 crore to complete the infrastructure and strategic management professor projects.Dean Sougata Ray said. "We have used our internal accruals, and our corpus, we would like to have some balance in our corpus built over the years and thus the decision about the company." Requested a response to an Indian company, Chaudhuri said, "We have not approached any of the company still considering their response. "Institute officials say the company's philanthropy in higher education in India is not popular, even though some Indian groups have donated money to foreign universities. 

"Making donations to foreign business schools, the Indian groups also be a branding strategy," the official said.Speaking economy, Chaudhuri said the institute is a self-supporting fund formation, and has not received any support from the government since 2003, the day-to-day activities . "Our turnover is around Rs.100 crore, we have to earn good money -. 

About Rs.30 crore - in the company's long-term training program," Ray Chaudhuri said.According all IIMs are planning to join hands to bring high-quality management, read the Harvard Business Review magazine. "It may take some years to come. The magazine's name has not yet been confirmed. It could be Indian Management Review," Ray said. 

Citing various studies in business school ranking, said Ray IIM-C has been moved up one slot, and is now number two among the management institutes country.Chaudhuri said the department has decided to concentrate on research as a major strategic initiative. "We have increased funding for research and a post-doc. Strengthening of faculty, research weightage given," he said said.Meanwhile, Chennai as IIM-C alumni chapter that deals with marketing seminar students, IIM-C Alumni Association Bangalore Chapter decided to organize the company focuses primarily on social entrepreneurs.The workshop first workshop is scheduled for next month and it will become an annual event. There are a lot of IIM-C alumni who are turning to social entrepreneurs, says Ray.