Does the Indian Institute of Management at Bangalore take pride in having Insider Trader and head of Reliance Industries, Mukesh Ambani as the head of Board of Governors of this premier institute ? I wonder how learned and qualified Professors are tolerating the same when their are clear orders from the office of the Securities and Exchange Board of India about the violations.
It is really shameful that institutes like IIM, a dream of million Indians for their Management education are accommodating businessmen with questionable ethics on their Board of Governors. IIM-B is certain that Reliance won’t end up in a mess like Satyam or Rajat Gupta did [Patrons of Indian School of Business, Hyderabad] and hence they continue to accommodate such shady characters.
Well, this explains the sanctity of Indian Institute of MisManagement – Bangalore. Preparing Graduates for Dalal/Wall Street’s next Insider Trading Scam 🙂 Wake up before Dr. Subramainan Swamy gets an order from the Honorable Supreme Court.