IITs black­list 31 firms over place­ment complaints

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - HT Cor­re­spon­dents ht­metro@hin­dus­tan­times.com

Nine com­pa­nies, mainly star­tups, have been black­listed for a year by the In­dian In­sti­tute of Tech­nol­o­gyBom­bay (IIT-B). Th­ese firms are on a list that names 31 firms barred from re­cruit­ing IIT stu­dents across In­dia.

The de­ci­sion fol­lows a se­ries of complaints against th­ese firms for mak­ing last-minute changes to their orig­i­nal of­fer dur­ing the 2015-16 place­ment sea­son, de­lay­ing the join­ing date for stu­dents and us­ing fake of­fice ad­dresses.

The names of th­ese nine in­sti­tutes were re­vealed by IIT-B on Thurs­day.

A black­list of 31 com­pa­nies was drawn up on Au­gust 14 by the All In­dia Place­ment Com­mit­tee (AIPC), but the names were re­leased af­ter IIT-B re­vealed on Thurs­day the nine com­pa­nies they had banned from cam­pus re­cruit­ments.

The con­vener of the com­mit­tee, Prof Kaus­tubha Mo­hanty, said the ex­er­cise is a precaution taken in the in­ter­est of stu­dents in all 23 IITs.

“We have de­cided now that when we ask a par­tic­u­lar com­pany to reg­is­ter with us, we will try to ask for data on their sources of fund­ing, state­ments of ac­counts, bal­ance sheets and num­ber of em­ploy­ees,” Mo­hanty said.

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