MIRA INFORM REPORT

 

 

Report Date :

02.10.2012

 

IDENTIFICATION DETAILS

 

Name :

IIT BOMBAY 

 

IIT BOMBAY PROJECT AND CONSULTANCY DIVISION OF IIT BOMBAY

 

 

Registered Office :

Indian Institute of Technology Bombay, Powai, Mumbai – 400076, Maharashtra

 

 

Country :

India

 

 

Year of Establishment :

1958

 

 

Legal Form :

Educational Institute

 

 

Line of Business :

Educational Institute

 

 

No. of Employees :

Information declined by the management 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (49)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established and reputed institute having satisfactory track.

 

It is second in the chain of IITs. Trade relations are reported as decent. Business is active. Payments terms are unknown.

 

The Institute can be considered normal for business dealings at usual trade terms and conditions.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – June 30, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

INDIAN ECONOMIC OVERVIEW

 

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

 

INFORMATION DECLINED BY

 

Name :

Dr. Prasad

Designation :

Senior Admin Officer

Contact No.:

91-22-25767034

Date :

01.10.2012

 

 

LOCATIONS

 

Registered Office :

Indian Institute of Technology Bombay, Powai, Mumbai – 400076, Maharashtra, India 

Tel. No.:

91-22-25767301

Fax No.:

91-22-25767302

E-Mail :

hod@civil.iitb.ac.in

Website :

http://www.iitb.ac.in

 

 

MANAGEMENT

 

BOARD OF GOVERNORS – (IIT BOMBAY)

Name :

Dr. Anil Kakodkar,

Designation :

Chairman - Nominated by Visitor

Brief :

Department of Atomic Energy, Homi Bhabha Chair Professor, 7th floor Central Complex, Bhabha Atomic Research Centre, Trombey - 400085, Maharashtra, India

 

 

Name :

Prof. Devang V. Khakhar

Designation :

Member - Ex-Officio

Brief :

Director, IIT Bombay, Mumbai 400 076, Maharashtra, India

 

 

Name :

Dr. S. Sivaram

Designation :

Member - Council Nominee

Brief :

CSIR Bhatnagar Fellow, National Chemical Laboratory, Dr. Homi Bhabha Road, Pune - 411 008, Maharashtra, India

 

 

Name :

Dr. Ajit Ranade

Designation :

Member - Council Nominee

Brief :

Chief Economist, Aditya Birla Group, Aditya Birla Centre, Worli, Mumbai - 400 030, Maharashtra, India

 

 

Name :

Prof. Shobho Bhattacharya

Designation :

Member - Council Nominee

Brief :

A-416, Department of Condensed Matter Physics and Material Science, Tata Institute of Fundamental Research, Homi Bhabha Road, Navy Nagar, Mumbai - 400 005, Maharashtra, India

 

 

Name :

Prof. Dinesh Singh

Designation :

Member - Council Nominee

Brief :

Vice Chancellor, University of Delhi, Delhi - 110 007, India 

 

 

Name :

Dr. Satish R. Shetye

Designation :

Member - Goa State Nominee

Brief :

Director, National Institute of Oceanography, Gona Paula, Goa - 403 003, India

 

 

Name :

Mr. Gyanesh Bharti, IAS

Designation :

Member - Dadara and Nagar Haveli Nominee

Brief :

Finance Secretary, U.T. of Dadara and Nagar Haveli, Silvasa, India

 

 

Name :

Prof. N.B.Ballal

Designation :

Member - IIT Bombay Senate Nominee

Brief :

Professor, Met. Engg. and Mat. Science, IIT Bombay, Mumbai - 400 076, Maharashtra, India

 

 

Name :

Prof. D.K. Sharma

Designation :

Member - IIT Bombay Senate Nominee

Brief :

Professor, Deptt. of Electrical Engineering, IIT Bombay, Mumbai - 400 076, Maharashtra, India

 

 

Name :

Mr. B.S. Punalkar

Designation :

Secretary - Ex-Officio

Brief :

Registrar, IIT Bombay, Mumbai - 400 076, Maharashtra, India

 

 

DEPARTMENT OF CIVIL ENGINEERING

FACULTY

Name :

Prof. Tarun Kant

Designation :

Faculty Member

Brief :

Solid mechanics; Finite element and other numerical methods; Polymer composites; Composite and computational mechanics;

 

 

Name :

Prof. D.M. Dewaikar

Designation :

Faculty Member

Brief :

Foundation engineering; Numerical techniques;

 

 

Name :

Prof. M.C. Deo

Designation :

Faculty Member

Brief :

Ocean engineering (wave hydrodynamics, ocean structures, statistical and stochastic analysis, neural networks and soft computing); Hydrology (neural networks and soft computing);

 

 

Name :

Prof. P. Banerji

Designation :

Faculty Member

Brief :

Earthquake vibration control; Damage detection in structures; Guided wave propagation and scattering in structures; Condition/health monitoring of bridge structures;

 

 

Name :

Prof. A. Goyal

Designation :

Faculty Member

Brief :

Structural dynamics and earthquake engineering; Vibration control; Seismic hazard assessment; Service life assessment, repair, rehabilitation and retrofitting of RC buildings;

 

 

Name :

Prof. J.N. Mandal

Designation :

Faculty Member

Brief :

Centrifuge modeling of geosynthetic reinforced soil structures; Municipal/Hazardous waste landfills; Tsunami reconstruction with geosynthetic containment systems; Ground improvement techniques; Geosynthetic testing; Nano technology (Smart geosynthetic); Numerical analysis and computer Aided Design of geosynthetic reinforced soil retaining walls and slopes, Pavements, Embankments, Reflection cracking, coastal and waterway Erosion control, Dewatering, Filtration and drainage.;

 

 

Name :

Prof. A. Rastogi

Designation :

Faculty Member

Brief :

Aquifer remediation strategies; Groundwater systems planning and management; Inverse modelling of the aquifers and auto calibration of field models; Coastal aquifer hydrodynamics modelling;

 

 

Name :

Prof. R. Sinha

Designation :

Faculty Member

Brief :

Dynamic behaviour of structures and equipment; Development and design of energy-absorbing and base-isolating devices; Earthquake resistant design and vulnerability evaluation of structures and facilities;

 

 

Name :

Prof. D.N. Singh

Designation :

Faculty Member

Brief :

Environmental geotechnology; Centrifuge modelling; Geomaterial characterization; Industrial waste disposal and utilization; Porous media characterization;

 

 

Name :

Prof. Y.M. Desai

Designation :

Faculty Member

Brief :

Finite element analysis; Analysis and control of vibrations; Structural dynamics; Composite mechanics; Rehabilitation of deteriorated structures; Computational mechanics;

 

 

Name :

Prof. K.V.Krishna Rao (Head of the Department)

Designation :

Faculty Member

Brief :

Travel demand modelling and forecasting; Behavioural travel modelling; Urban land use transport modelling; Public transit network design; ANNs, Fuzzy systems, GAS and GIS in urban transportation planning;

 

 

Name :

Prof. R.S. Jangid

Designation :

Faculty Member

Brief :

Base isolation for earthquake-resistant design; Vibration control using tuned mass dampers; Non-linear dynamic analysis; Non-classically damped systems; Stochastic earthquake analysis; Active control of structures;

 

 

Name :

Prof. A Srividya

Designation :

Faculty Member

Brief :

Structural reliability, Optimization, Quality systems

 

 

Name :

Prof. B.V.S.Viswanadham

Designation :

Faculty Member

Brief :

Centrifuge modelling; Environmental geotechnics; Soil reinforcements; Slope stabilization; Waste materials utilization;

 

 

Name :

Prof. Kapil Gupta

Designation :

Faculty Member

Brief :

Urban drainage/storm water management; Sedimentation in channels and rivers; Urban water infrastructure management; Hydrologic disaster management;

 

 

Name :

Prof. T.I. Eldho

Designation :

Faculty Member

Brief :

Groundwater flow and pollution investigation; Computational fluid dynamics; Coastal hydrodynamics; Watershed management; Application of numerical methods in water and environment;

 

 

Name :

Prof. K.M. Bajoria

Designation :

Faculty Member

Brief :

Computer aided design of structures; Earthquake resistant structures; Nonlinear structures; Nuclear containment structures; Structural stability; Structural dynamics;

 

 

Name :

Prof. Naresh K. Chandiramani

Designation :

Faculty Member

Brief :

Nonlinear dynamics; Stability and control; Computational mechanics; Solid mechanics;

 

 

Name :

Prof. Tom V. Mathew

Designation :

Faculty Member

Brief :

Traffic flow modeling and simulation; Transportation network optimization, control and management;

 

 

Name :

Prof. Deepankar Choudhury

Designation :

Faculty Member

Brief :

Earthquake geotechnical engineering; Soil-structure interaction problems; Centrifuge modelling of geotechnical structures; Numerical and analytical modelling of retaining wall, anchor, shallow and deep foundations; Swelling of soil; Soil Dynamics; Machine Foundations.

 

 

Name :

Prof. E.P. Rao

Designation :

Faculty Member

Brief :

Runoff modelling of watersheds; Optimization of water distribution systems; Remote sensing applications to water resources;

 

 

Name :

Prof. V. Jothiprakash

Designation :

Faculty Member

Brief :

Physical and Stochastic Hydrology, Water Resources Systems, Water Resources Engineering, Hydrology, Fluid Mechanics and Machinery ,Geographical Information System, CAD in Civil Engineering

 

 

Name :

Prof. Siddhartha Ghosh

Designation :

Faculty Member

Brief :

Performance based seismic design; Inelastic design of steel and concrete structures; Reliability of structures; Nonlinear analysis; Probabilistic hazard assesment

 

 

Name :

Prof. Ashish Juneja

Designation :

Faculty Member

Brief :

In-situ and laboratory engineering properties of soil; Numerical and physical modelling in geotechniques; Earthwork; Ground improvement

 

 

Name :

Prof. Mandar Inamdar

Designation :

Faculty Member

Brief :

Application of structural, solid, fluid, and statistical mechanics to biological systems; Mechanics of biopolymer networks; Cellular adhesion and motility; DNA mechanics; Mechanics of biofilms

 

 

Name :

Prof. Manne Janga Reddy

Designation :

Faculty Member

Brief :

Water supply, watersheds, irrigation, floods

 

 

Name :

Prof. S. Murthy Dasaka

Designation :

Faculty Member

Brief :

Site characterization; Stability of foundations and slopes; Limit state design; Risk assessment and reliability analysis; Code calibration; Management of geohazards; Ground improvement; Landfill engineering; Experimental geomechanics and centrifuge modelling

 

 

Name :

Prof. Subimal Ghosh

Designation :

Faculty Member

Brief :

Applications of Probability and Statistics,Risk Based Approach, Fuzzy Systems Theory, Imrecise Probability, Possibility Theory, Water Resources Systems, Water Quality Management, Reservoir Operation, Hydroclimatology

 

 

Name :

Prof. Sauvik Banerjee

Designation :

Faculty Member

Brief :

Structural and Solid Mechanics, Ultrasonic wave propagation in solids, Non-destructive quality evaluation of composites, Structural health monitoring, Dislocation mechanics, Multiscale materials modeling

 

 

Name :

Prof. Gopal R. Patil

Designation :

Faculty Member

Brief :

Transportation Systems Engineering

 

 

Name :

Prof. P. Vedagiri

Designation :

Faculty Member

Brief :

Transportation Systems Engineering

 

 

Name :

Prof. Balaji Ramakrishnan

Designation :

Faculty Member

Brief :

Coastal engineering, wave-structure interaction, tidal hydrodynamics, coastal processes

 

 

Name :

Prof. Deepashree Raje

Designation :

Faculty Member

Brief :

Stochastic hydrology, hydrological impact of climate change, uncertainty quantification, macro-scale hydrologic modeling

 

 

Name :

Prof. Prakash Nanthagopalan

Designation :

Faculty Member

Brief :

High performance concrete, mineral and chemical admixtures, sustainable construction materials, rheology of cement based materials

 

 

Name :

Prof. Raaj Ramsankaran

Designation :

Faculty Member

Brief :

Remote sensing and GIS applications, High definition surveying, Surface hydrological processes

 

 

Name :

Prof. G. Venkatachalam

Designation :

Faculty Member

Brief :

Finite element/discrete element analysis in rock mechanics: Rock slopes and rock joints; Digital image processing: Digital terrain modelling; GIS applications to landslides;

 

 

Name :

Prof. B. S. Pani

Designation :

Faculty Member

Brief :

Diffusion of jets and plumes; Multiple diffusers; Off-shore pipelines; Scour problems and cooling water structures;

 

 

Name :

Prof. S.L. Dhingra

Designation :

 

Brief :

Modelling mass transit; Land use transportation; Environmental, economical, financial impact assessment;

 

 

Name :

Prof. K. Gopal Rao

Designation :

Faculty Member

Brief :

Remote Sensing

 

 

STAFF

Name :

Rajgopalan P.N.

Designation :

Sr. Superitendent, Office.

 

 

Name :

Chautmol P. S.

Designation :

Jr. Superitendent, Office.

 

 

Name :

Bhate V. G.

Designation :

Jr. Assistant, Office.

 

 

Name :

Sanjay Y .S.

Designation :

Administrative Officer, Office.

 

 

Name :

Vijay B.Dhanve

Designation :

Administrative Assistant, Office.

 

 

Name :

Vivin Mathew Varghese

Designation :

System Administrator, PG lab.

 

 

Name :

Kalyan Ram

Designation :

Asst. System Administrator, UG Lab.

 

 

Name :

Kazi A.A.

Designation :

Mech. Assistant, Library.

 

 

Name :

More S.D.

Designation :

Helper Gr. I, Office.

 

 

Name :

Shashank M B

Designation :

Lab attendent, Office.

 

 

Name :

Sunanda S Hile

Designation :

Lab attendent, Office.

 

 

Name :

Rane H.D.

Designation :

Sr. Tech Superitendent, Geotech Lab.

 

 

Name :

Kadam S.S.

Designation :

Mech Assistant, Geotech Lab.

 

 

Name :

Chalke D.K.

Designation :

Helper Gr.I, Geotech Lab.

 

 

Name :

Shinde M. T.

Designation :

Sr Lab Attendent, Transport and traffic lab.

 

 

Name :

Satve K.M.

Designation :

Sr. Lab Attendent, Transport and traffic lab.

 

 

Name :

Khaire D.N.

Designation :

Attendent Gr., Survey Lab.

 

 

Name :

Viswanadh C.

Designation :

Sr Tech Superitendent, Hydraulics Lab.

 

 

Name :

Alexender A.M.

Designation :

Jr Tech Superitendent, Hydraulics Lab.

 

 

Name :

Parihar R.S.

Designation :

Attendent Sr., Hydrulics Lab.

 

 

Name :

Nissar Khan

Designation :

Sr.Tech.Superitendent, Heavy Structures Lab.

 

 

Name :

Bist M.S.

Designation :

Sr.Mech., Heavy Structures Lab.

 

 

Name :

Shinde N.T.

Designation :

Attendent Sr., Heavy Structure Lab.

 

 

Name :

Kabre R.G.

Designation :

Mech Assistant, Experimental lab.

 

 

Name :

Nikhade N.M.

Designation :

Attendent Sr., Experimental lab.

 

 

Name :

Dhongde V.K.

Designation :

Helper Sr.I, Concrete Lab.

 

 

Name :

Pun Prem Bahadur

Designation :

Helper Gr.I., Concrete Lab.

 

 

 

KEY EXECUTIVES

 

Name :

Dr. Prasad

Designation :

Senior Admin Officer

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of Establishment

Yes

2]

Locality of the firm

Yes

3]

Constitutions of the firm

Yes

4]

Premises details

No

5]

Type of Business

Yes

6]

Line of Business

Yes

7]

Promoter's background

No

8]

No. of employees

No

9]

Name of person contacted

Yes

10]

Designation of contact person

Yes

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

No

14]

Estimation for coming financial year

No

15]

Capital in the business

No

16]

Details of sister concerns

No

17]

Major suppliers

No

18]

Major customers

No

19]

Payments terms

No

20]

Export / Import details (if applicable)

No

21]

Market information

--

22]

Litigations that the firm / promoter involved in

--

23]

Banking Details

No

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

27]

Financials, if provided

No

28]

Incorporation details, if applicable

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

32]

PAN of Proprietor/Partner/Director, if available

No

33]

Voter ID No of Proprietor/Partner/Director, if available

No

34]

External Agency Rating, if available

No

 

AS PER WEBSITE DETAILS

 

PROFILE

 

IIT Bombay, the second in the chain of IITs, was set up in 1958.  It was the first IIT to be set up with foreign assistance.  The funds came from UNESCO in roubles from the Soviet Union.  In 1961, the Parliament decreed IITs as 'Institutes of National Importance'.  Since then, IIT Bombay has grown from strength to strength to emerge as one of the top technical universities in the world.

 

IIT Bombay has a total of 14 academic departments, six centres, one school, and three interdisciplinary programmes.  It is recognised worldwide as a leader in the field of engineering education and research.  It is reputed for the quality of its faculty and the outstanding calibre of students graduating from its undergraduate and postgraduate programmes.

 

Over the last fifty-three years, around 39,000 engineers and scientists have graduated from the institute.  It is noted for its strong research groups in varied areas of science and technology that are making substantial contributions to national projects.  Educational progammes here extend beyond the physical sciences and engineering into humanities and social sciences such as Economics, English, Philosophy, Psychology and Sociology and into management studies.  Over the years, the institute has also created a niche for its innovative short-term courses through continuing education and distance education programmes.  In 2011, a total of 1846 degrees, including 173 Ph.D., were awarded, which represents 9.2 per cent increase in the total number of degrees awarded in the previous year.  The faculty of the institute has won many prestigious awards and recognitions, including nine Shanti Swaroop Bhatnagar awards.

 

Residents at IIT Bombay have the twin advantage of being located at the financial capital of India while enjoying the serene environs of the campus located at Powai, situated in the northern suburbs of Mumbai, in Western India.  It is a fully residential institute, with all its students staying on campus.  The students are accommodated in 14 hostels with in-house dining and excellent amenities for sports and other recreational facilities.

 

HISTORY

 

Genesis: A high-powered committee of the Government of India recommended in 1946 the  establishment of four higher institutes of technology on the lines of their counterparts in Europe and United States to set the direction for the development of technical education in the country. These institutes were designed to provide the necessary dynamism and flexibility of organisation in the light of the expanding knowledge and changing socio-economic requirements of modern society.

 

Planning for the institute at Mumbai began in 1957 and the first batch of 100 students was admitted in 1958. The institute campus at Powai extends over 200 hectares and is situated in picturesque surroundings with Vihar and Powai lakes on either side and green hills strewn around. In 1961, by an Act of Parliament, the institute was declared an institution of national importance and was accorded the status of a university with power to award its own degrees and diplomas. IIT Bombay was established with the cooperation and participation of the UNESCO, utilising the contribution of the Government of USSR. The institute received substantial assistance in the form of equipment and expert services from the USSR through the UNESCO from 1956 to 1973. It received 59 experts and 14 technicians from several reputed institutions in the USSR. The UNESCO also offered fellowships numbering 27 for training Indian faculty members in the USSR. Under the bilateral agreement of 1965, the Government of USSR provided additional assistance to supplement the Aid Programme already received by the institute through UNESCO.

 

How was IIT Bombay set up?

 

A high-power committee of Govt. of India recommended in 1946 establishment of four higher institutes of technology of the level of their counterparts in Europe and United States to set the direction for the development of technical education in the country. These institutes were designed to provide the necessary dynamism and flexibility of organization in the light of expanding knowledge and changing socio-economic requirements of modern society. Planning for the Institute at Bombay began in 1957 and the first batch of 100 students was admitted in 1958. The Institute campus at Powai extends over 200 hectares and is situated in picturesque surroundings with Vihar and Powai lakes on either sides and green hills strewn around. In 1961, by an act of Parliament, the Institute was declared an institution of national importance and was accorded the status of a university with power to award its own degrees and diplomas. IIT Bombay was established with the cooperation and participation of the UNESCO, utilizing the contribution of the Govt. of USSR. The Institute received substantial assistance in the form of equipment and expert services from USSR through the UNESCO from 1956 to 1973. The Institute received several experts (59) and technicians (14) from several reputed institutions in the USSR. The UNESCO also offered a number of fellowships (27) for training of Indian faculty members in the USSR. Under the bilateral agreement of 1965, the USSR Govt. provided additional assistance to supplement the Aid Program already received by the Institute through UNESCO.

 

Objectives and Goals

The Indian Institute of Technology, Bombay seeks to establish traditions which will foster creativity and growth of excellence. The institute has the following broad objectives :

  • To provide the best possible educational facilities for training bright students for the careers in technology and science.
  • To provide a creative atmosphere in which higher studies and research thrive both amongst the students and the faculty.
  • To organize a short intensive courses, conferences and seminars on current technological developments which will be of benefit to the surrounding community.
  • To provide research and development consultancy which will promote contact with and be of service to industries and to government and Civic Organizations.
  • To organize quality improvement programmes for faculty members from various engineering colleges.
  • To provide leadership in curriculum design and development.

The Institute cherishes the hope that its graduates will be the leaders of tomorrow. Their education is patterned with this in view. Thus in the engineering curriculum, besides the professional courses, there is a strong emphasis on acquiring a thorough grounding in the basic sciences of mathematics, physics and chemistry and a reasonable knowledge in subjects like economics, english, philosophy and social sciences belonging to the Humanities and Social Science. The emphasis on the basic sciences removes to some extent the fear of rapid obsolescence, while studies in the Humanities help the students to interact more positively with the society in which he lives. Besides making available facilities for higher education, traning and research in various fields of engineering and technology, the Institute contributes to the industrial development and economic growth of the country by preparing a cadre of engineers and scientists, who provide both man power and support R&D work for industries.

 

PROFESSOR DEVANG KHAKHAR

DIRECTOR, IIT BOMBAY: A PROFILE

 

Professor Devang Khakhar is currently Director of IIT Bombay. He assumed office from January 01, 2009.

 

Professor Khakhar did his B.Tech. from IIT Delhi in 1981 and his Ph.D. from the University of Massachusetts Amherst in 1986. He joined the Department of Chemical Engineering at IIT Bombay in January 1987, and has been with the institute since then.

 

Prof. Khakhar's research interests include: dynamics of particulate systems, polymerization of rigid molecules and fluid mixing. He has published and presented over 150 papers, including papers in Nature and Science. For his research achievements Prof. Khakhar has been accorded several prestigious awards, which include the Bhatnagar Prize (1997) and the Swarnajayanti Fellowship (1998). He is a Fellow of the Indian National Academy of Engineering, the Indian National Science Academy and the Indian Academy of Sciences.

 

Prof. Khakhar is also a recipient of IIT Bombay's "Excellence in Teaching Award" and the "Mathur Award for Research Excellence". He has served as Professor-in-Charge of IIT Bombay's Continuing Education Program from 2001-02, as Head of the Department of Chemical Engineering from 2002-04, and has been the Dean of Faculty Affairs since 2005.

 

LIST OF DIRECTORS

 

Name of Directors

Period

Brg. S. K. Bose

19-1-1959 to 9-6-1969

Prof. R. P. Mhatre

10-6-1969 to 14-4-1970

Dr. P. K. Kelkar

14-4-1970 to 1-7-1974

Prof. A. K. De

1-7-1974 to 31-7-1980

Prof. R. E. Bedford

31-7-1980 to 8-12-1981

Prof. A. K. De

9-12-1981 to 31-8-1984

Prof. B. Nag

1-9-1984 to 31-8-1994

Prof. S. C. Sahasrabudhe

1-9-1994 to 1-1-1995

Prof. S. P. Sukhatme

2-1-1995 to 31-12-1999

Prof. S. C. Sahasrabudhe

1-1-2000 to 8-5-2000

Prof. Ashok Misra

8-5-2000 to 30.06.2005

Prof. Ashok Misra

1-07-2005 to 4.10.2008

Prof. J. M. Vasi

4-10-2008 to 31.12.2008

Prof. Devang V. Khakhar

1-01-2009 onwards

 

 

INDUSTRIAL RESEARCH AND CONSULTANCY CENTRE  

 

Procedure to Initiate Consultancy Project

 

At IIT Bombay, we believe that close association with Industry is crucial to the growth of Science and Technology. The challenging problems in the field are best solved by teams of technologists from Industry and researchers from academia.

 

IIT Bombay has outstanding resources for research and development. More than 400 faculty in various areas of Science, Technology, and Humanities and Social Sciences, with doctoral degrees from the top universities in the world, and with expertise matching the best available at the national and international level. More than 5000 students who are amongst the most talented in the country. Excellent project staff and technical staff. Some of the most sophisticated experimental and computational facilities in the world.

 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                           None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                        None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                        None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 

 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.52.78

UK Pound

1

Rs.85.16

Euro

1

Rs.67.79

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Report Prepared by :

BSN

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

5

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

6

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

6

--CREDIT LINES

1~10

6

--MARGINS

-5~5

-

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--LITIGATION

YES/NO

NO

--OTHER ADVERSE INFORMATION

YES/NO

NO

MERIT POINTS

 

 

--SOLE DISTRIBUTORSHIP

YES/NO

NO

--EXPORT ACTIVITIES

YES/NO

NO

--AFFILIATION

YES/NO

YES

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

49

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 

 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

-

NB

                                       New Business

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.