MIRA INFORM REPORT

Report Date :

16.04.2013

IDENTIFICATION DETAILS

Name :	INDIAN INSTITUTE OF TECHNOLOGY

Registered Office :	Powai, Mumbai – 400076, Maharashtra, India

Country :	India

Year of Establishment :	1958

Capital Investment / Paid-up Capital :	Not Available

Legal Form :	Institute Owned by Government of India.

Line of Business :	Making available facilities for higher education, research and training in various fields of Science and Technology.

No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

A (68)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good

Payment Behaviour :	Regular

Litigation :	Clear

Comments :	Subject is a well established and a reputed educational institution having excellent track record. It is a very well known and a reputed institute in and outside India. Trade relations are fair. Payments are regular and as per commitments. Institute can be considered good for any 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.

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

Management Non Co-Operative (91-22-25722545)

LOCATIONS

Registered Office :	Powai, Mumbai – 400 076, Maharashtra, India
Tel. No.:	91-22-25722545
Fax No.:	91-22-25723480
E-Mail :	pro@admin.iitb.ac.in director@iitb.ac.in
Website :	http://www.iitb.ac.in

Undergraduate Admission:	Joint Entrance Examination(JEE) Interactive Voice Response System Phone: +91-22-2576-7062 Email Enquiries To: "Chairman JEE" Email: jeeiitb@iitb.ac.in Phone: +91-22-2576-7063 Fax: +91-22-2572-0305

Graduate Admission:	GATE / CEED / JMET Email Enquiries To: "Chairman GATE" Email: gateoffice@iitb.ac.in Phone: +91-22-2576-7068 Fax: +91-22-2572-3706

Academic Matters:	Dean Academic Programme Email: dean.ap@iitb.ac.in General Enquiries To: "Deputy Registrar" Email: dracad@iitb.ac.in Phone: +91-22-2576-7041 Fax: +91-22-2576-7041

M. Sc. Admission:	JAM Email Enquiries To: "Chairman JAM" Email: jamchr@iitb.ac.in Phone: +91-22-2576-7022 Fax: +91-22-2576-2674

Student Services :	Student Activities: Dean Students Affair Email: dean.sa@iitb.ac.in In-charge Gymkhana Email: ssyadav@iitb.ac.in Phone: +91-22-2576-7079 Fax: +91-22-2572-3480

Library Services :	The Librarian Email: librarian@iitb.ac.in General Enquiries Email: phadke@iitb.ac.in Phone: +91-22-2576-8920 Fax: +91-22-2572-0227

International Matters:	Dean International Relations Email: dean.ir@iitb.ac.in General Enquiries Email: dean.ir.office@iitb.ac.in Phone: 91-22-25767076 Fax: 91-22-25723475

Alumni Matters :	Chief Executive Officer Email: shirishw@iitbombay.org General Enquiries To: "Administrative Officer" Email: iitb_aa@iitb.ac.in Phone: +91-22-2576-7086 Fax: +91-22-2576-7019

Continuing Education Programme(CEP):	Professor-In-Charge Email: pic-cep@admin.iitb.ac.in Phone: +91-22-2576-7060 Fax: +91-22-2572-3480

Research and Development:	Dean Research and Development Email: dean.rnd@iitb.ac.in Phone: +91-22-2576-7030 Fax: +91-22-2576-3702 General Enquiries To: "Dean (RandD) Ofiice" Email: dean.rnd.office@iitb.ac.in Phone: +91-22-2576-7039 Fax: +91-22-2572-3702

Student Placement:	Professor-In-Charge Email: pic.placement@iitb.ac.in General Enquiries Email: placement@iitb.ac.in Phone: +91-22-2576-7097/83/87 Fax: +91-22-2576-7092

Centre for Distance Engineering Education Programme (C-DEEP)	Head C-DEEP Email: head.cdeep@iitb.ac.in Phone: +91-22-2576 7880 Office:+91-22-2576 4820 Fax: +91-22-2576 4812 Email: cdeep@iitb.ac.in

General Information and Media Relations :	Public Relations Officer Email: pro@iitb.ac.in Phone: +91-22-2576-7026 Fax: +91-22-2576-7027

Recruitment :	Registrar Email: registrar@iitb.ac.in Office of the Registrar Phone: +91-22-2576-7021 Fax: +91-22-2572-3645 Recruitment for Faculty Positions Email: marathe@iitb.ac.in Phone: +91-22-2576-7946 Fax: +91-22-2576-4031 Recruitment for Staff Positions Email: bkganesh@iitb.ac.in Phone: +91-22-2576-7936 Fax: +91-22-2576-4031

DIRECTORS

Name :	Professor Ashok Misra
Designation :	Director
Date of Appointment	08.05.2000

BOARD OF GOVERNORS:

Name :	Dr. Anil Kakodkar
Designation :	Chairman, Atomic Energy Commission and Secretary, Deportment of Atomic Energy

Name :	Professor Devang V Khakhar
Designation :	Director, IIT Bombay
Tel No.:	91-22-25767002
Fax No.:	91-22-25723546
E mail	director@iitb.ac.in director.office@iitb.ac.in

Name :	Dr. K N Ganesh
Designation :	Director, Indian Institute of Science Education and Research (IISER), Pune

Name :	Dr. S R K Prasad
Designation :	Managing Director, Krishna Industrial Corporation Limited, Chennai

Name :	Professor N.B. Pasalkar
Designation :	MPSC, Mumbai

Name :	Professor R.K Malik
Designation :	Deputy Director (Academic and Infrastructural Affairs)
Tel No.	91-22-25767011
Fax No.:	91—25764060
E Mail:	dd.aia.office@iitb.ac.in dy.director.aia@iitb.ac.in

Name :	Professor R. K Shevgaonkar
Designation :	Deputy Director (Finance and External Affairs)
Tel No.:	91-22-25767090
Fax No.:	91-22-25723475
E mail:	dd.fea.office@iitb.ac.in dy.director.aia@iitb.ac.in

MANAGEMENT

Name :	Mr. Ashok Thakur, IAS
Designation :	Additional Secretary, Ministry of Human Resource Development, Department of Higher Education, New Delhi

Name :	Mr. Hasmukh Adiha, IAS
Designation :	Principal Secretary (Education), Education Department, Gamndhinagar

Name :	Professor H P Khincha
Designation :	Vice-Chancellor, Visvesvaraya Technological University, Belgaum

Name :	Mr. Fr. Romuald D’Souza
Designation :	Goa Institute of Management, Goa

Name :	Professor A N Chandorkar
Designation :	Department of Electrical Engineering, IIT Bombay

Name :	Professor M.S.C Bose
Designation :	Department of Mechanical Engineering, IIT Bombay

Name :	Mr. B.S. Punalkar
Designation :	Secretary, Offg. Registrar, IIT Bombay

Name :	Professor S Biswas
Designation :	Associate Dean (Academic Programmes)
E Mail :	Dean.ap@iitb.ac.in

Name :	Professor V M Gadre
Designation :	Associate Dean (Academic Programmes)
Tel No.:	91-22-25767049
Fax No.:	91-22-25767040
E mail:	Adean.ap@iitb.ac.in

Name :	Professor Subhasis Chaudhari
Designation :	Office of Dean International Relation ( Dean International Relation)
Address:	1st Floor, Main Building, IIT Bombay, Powai, Mumbai-400076, Maharashtra, India
Tel No.:	91-22-25767076
Fax No.:	91-22-25723475
E mail:	Dean.fa@iitb.ac.in Dean.fa.office@iitb.ac.in

Name :	Professor A K Suresh
Designation :	Office of Dean Faculty Affairs
Tel No.:	91-22-25767009
Fax No.:	91-22-25723546
E mail:	Dean.fa@iitb.ac.in Deanfa.office@iitb.ac.in

Name :	Professor K.V Krishna Rao
Designation :	Dean Infrastructure Planning and Support
E mail:	Dean.pol@iitb.ac.in

Name :	Professor R.S. Jangid
Designation :	Associate Dean Infrastructure Planning and Suport I
E mail:	Adan.pl@iitb.ac.in

Name :	Professor N.Venkatramani
Designation :	Office of Dean Planning
Tel No.:	91-22-25767089
Fax No.:	91-22-25764080
E mail:	Adean.pl@iitb.ac.in Dean.pl.office@iitb.ac.in

Name :	Professor Rangan Banerjee
Designation :	Dean Research and Development
E mail:	Dean.rnd@iitb.ac.in

Name :	Professor P V Balaji
Designation :	Office of Dean Research and Development
Tel No.:	91-22-25767039
Fax No.:	91-22-25723702
E mail:	Dean.rnd.office@iitb.ac.in Adean.rnd@iitb.ac.in

Name :	Professor A Q Contractor
Designation :	Office of Dean Alumini and Corporate Relations
Tel No.:	91-22-25767091
Fax No.:	91-22-25723475
E mail:	Dean.acr@iitb.ac.in Dean.acr.office@iitb.ac.in

Name :	Professors Prakash Gopalan
Designation :	Office of Dean of Student Affairs
Tel No.:	91-22-25767079
Fax No.:	91-22-25764040
E mail:	Dean.sa@iitb.ac.in Dean.sa.office@iitb.ac.in

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

Not Available

BUSINESS DETAILS

Line of Business :

Making available facilities for higher education, research and training in various fields of Science and Technology.

GENERAL INFORMATION

No. of Employees :	Information declined by the management

Bankers :	Canara Bank, Mumbai and Kanpur State Bank of India, Kanpur


Banking Relations :	--

Auditors :	Not Available

CAPITAL STRUCTURE

Not Available

FINANCIAL DATA

[all figures are in Rupees Millions]

Not Available

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	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	No
12]	Profitability for last three years	No
13]	Reasons for variation <> 20%	----------------------
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	Yes
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

PRELIMINARY

1. (1) This Act may be called the Institutes of Technology Act 1961.

(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act.

2. Whereas the objects of institutions known as the Indian Institute of Technology, Bombay, *the college of Engineering and Technology, Delhi; the Indian Institute of Technology, Kanpur and the Indian Institute of Technology, Madras are such as to make them institutions of national importance, it is hereby declared that each such institution is an institution of national importance.

3. In this Act, unless the context otherwise requires, -

(a) "Board", in relation to any Institute, means the Board of Governors thereof;

(b) "Chairman" means the Chairman of the Board;

(i) in relation to the society known as the Indian Institute of Technology, Bombay, the Indian Institute of Technology, Bombay;

(ia) in relation to the known society as the College of Engineering and Technology, Delhi, the Indian Institute of Technology, Delhi.

(ii) in relation to the society known as the Indian Institute of Technology (Kanpur) Society, the Indian Institute of Technology, Kanpur, and

(iii) in relation to the society known as the Indian Institute of Technology, Madras, the Indian Institute of Technology, Madras;

(d) "Council" means the Council established under sub-section (1) of section 31;

(e) "Deputy Director", in relation to any Institute means the Deputy Director thereof;

(f) "Director", in relation to any Institute means the Director thereof;

(g) "Institute" means any of the Institutions mentioned in section 2 and includes the Indian Institute of Technology, haragpur, incorporated under the Indian Institute of Technology (Kharagpur) Act, 1956;

(h) "Registrar", in relation to any Institute, means the Registrar thereof;

(i) "Senate", in relation to any Institute, means the Senate thereof;

(j) "Society" means any of the following societies registered under the Societies Registration Act, 1860, namely;-

(i) the Indian Institute of Technology, Bombay;

(ia) the College of Engineering and Technology, Delhi;

(ii) the Indian Institute of Technology, (Kanpur) Society;

(iii) the Indian Institute of Technology, Madras;

(k) "Statutes and Ordinances" in relation to any Institute, mean the Statutes and Ordinances of the Institute made under this Act.

THE INSTITUTES

4. (I) Each of the Institutes mentioned in section 2 shall be a body corporate having perpetual succession and a common seal and shall, by its name, sue and be sued.

(IA) The College of Engineering and Technology, Delhi, shall on such incorporation; be called the Indian Institute of Technology, Delhi.

(2) The body corporate constituting each of the said Institute shall consist of a Chairman, a Director and other members of the Board for the time being of the Institute.

5. On and from the commencement of this Act;-

(a) Any reference to a society in any law (other than this Act) or in any contract or other instrument shall be deemed as a reference to the corresponding Institute;

(b) All property, movable and immovable; of or belonging to a society shall vest in the corresponding institute;

(c) All the rights and liabilities of a society shall be transferred to, and be the rights and liabilities of the corresponding Institute; and

(d) every person employed by a society immediately before such commencement shall hold his office or service in the corresponding, Institute by the same tenure, at the same remuneration and upon the same terms and conditions and with the same rights and privileges as to pension, leave, gratuity, provident fund and other matters as he would have held the same if this Act had not been passed, and shall continue to do so unless and until his employment is terminated or until such tenure, remuneration and terms and conditions are duly altered by the Statutes:

Provided that if the alteration so made is not acceptable to such employee, his employment may be terminated by the Institute in accordance with the terms of the contract with the employee or, if no provision is made therein in this behalf, on payment to him by the Institute of compensation equivalent to three months’ remuneration in the case of permanent employees and one month's remuneration in the case of other employees.

6. (I) Subject to the provision of this Act, every Institute shall exercise the following powers and perform the following duties, namely:--

a) To provide for instruction and research in such branches of engineering and technology, sciences and arts, as the Institute may think fit, and for the advancement of learning and dissemination of knowledge in such branches;

(b) To hold examinations and grant degrees, diplomas and other academic distinctions or titles;

(d) To fix, demand and receive fees and other charges;

(e) To establish, maintain and manage halls and hostels for the residence of students;

(f) To supervise and control the residence and regulate the discipline of students of the Institute and to make arrangements for promoting their health, general welfare and cultural and corporate life;

(g) To provide for the maintainance of units of the National Cadet Corps for the students of the Institute;

(h) To institute academic and other posts and to make appointments thereto (except in the case of the Director);

(i) To frame Statutes and Ordinances and to alter, modify or rescind the same;

(j) To deal with any property belonging to or vested in the Institute in such manner as the Institute may deem fit for advancing the objects of the Institute;

(k) To receive gifts, grants, donations or benefactions from the Governments and to receive bequests, donations and transfers of movable or immovable properties from testators, donors or transferors, as the case may be;

(i) To co-operate with educational or other institutions in any part of the world having objects wholly or partly similar to those of the Institute by exchange of teachers and scholars and generally in such manner as may be conducive to their common objects;

(m) To institute and award fellowships. scholarships, exhibitions, prizes and medals; and

(n) To do all such things as may be necessary. incidental or conducive to the attainment of all or any of the objects of the Institute.

2) Notwithstanding anything contained in sub-section (1), an Institute shall not dispose of in any manner any immovable property without the prior approval of the Visitor.

7. (1) Every Institute shall be open to persons of either sex and of whatever race, creed, caste or class, and no test or condition shall be imposed as to religious belief or profession in admitting or appointing members, students, teachers or workers or in any other connection whatsoever.

(2) No bequest, donation or transfer of any property shall be accepted by any Institute which in the opinion of the Council involves conditions or obligations opposed to the spirit and object of this section.

8. All teaching at each of the Institute shall be conducted by or in the name of the Institute in accordance with the Statutes and Ordinances made in this behalf.

9. (1) The President of India shall be the Visitor of every Institute.

(2) The Visitor may appoint one or more persons to review the work and progress of any Institute and to hold inquiries into the affairs thereof and to report thereon in such manner as the Visitor may direct.

(3) Upon receipt of any such report, the Visitor may take such action and issue such directions as he considers necessary in respect of any of the matters dealt with in the report and the Institute shall be bosund to comply with such directions.

10. The following shall be the authorities of an Institute,

a) A Board of Governors;

b) A Senate; and

c) Such other authorities as may be declared by the Statutes to be the authorities of the Institute.

11. The Board of an Institute shall consist of the following persons, namely:-

a) The Chairman, to be nominated by the Visitor;

b) The Director, ex officio,

(c) One person to be nominated by the Government of each of the States comprising the zone in which the Institute is situated, from among persons who, in the opinion of that Government, are technologists or industrialists of repute;

(d) four persons having special knowledge or practical experience in respect of education, engineering or science, to be nominated by the Council; and (e) two professors of the Institute, to be nominated by the Senate. Explanation:- In this section, the expression "zone" means a zone as for the time being demarcated by the All-India Council for Technical Education for the purposes of this Act.

12. (1) Save as otherwise provided in this section the term of office of the Chairman or any other member of the Board shall be three years from the date of his nomination.

(2) The term of office of an ex officio member shall continue so long as he holds the office by virtue of which he is a member.

(3) The term of office of a member nominated under clause (e) of section 11 shall be two years from the 1st day of January of the year in which he is nominated.

(4) The term of office of a member nominated to fill a casual vacancy shall continue for the remainder of the term of the member in whose place he has been nominated.

(5) Notwithstanding anything contained in this section, an outgoing member shall, unless the Council otherwise directs, continue in office until another person is nominated as a member in his place.

(6) The members of the board shall be entitled to such allowances, if any, from the Institute as may be provided for in the Statutes but no member other than the persons referred to in clauses (b) and (e) of section 11 shall be entitled to any salary by reason of this sub-section. As per Institutes of Technology (Amendment) Act 1963. Terms of office of, vacancies among, and allowances payable to, members of Board.

13. (1) Subject to the provisions of this Act, the Board of any Institute shall be responsible for the general superintendence, direction and control of the affairs of the Institute and shall exercise all the powers of the Institute not otherwise provided for by this Act, the Statutes and the Ordinances, and shall have the power to review the acts of the Senate.

(2} Without prejudice to the provisions of sub- section (1), the Board of any Institute shall-

(a) Take decisions on questions of policy relating to the administration and working of the Institute;

(b) Institute courses of study at the Institute;

(d) Institute and appoint persons to academic as well as other posts in the Institute; (e) consider and modify or cancel Ordinances;

(f) consider and pass resolutions on the annual report, the annual accounts and the budget estimates of the Institute for the next financial year as it thinks fit and submit them to the Council together with a statement of its developments plans;

(g) Exercise such other powers and perform such other duties as may be conferred or imposed upon it by this Act or the Statutes.

(3) The Board shall have the power to appoint such committees as it considers necessary for the exercise of its powers and the performance of its duties under this Act.

14. The Senate of each Institute shall consist of the following persons; namely:-

(a) The Director, ex officio who shall be the Chairman of the Senate;

(b) The Deputy Director, ex officio,

(c) The professors appointed or recognised as such by the Institute for the purpose of imparting instruction in the Institute;

(d) Three persons, not being employees of the Institute, to be nominated by the Chairman in consultation with the Director; from among educationists of repute, one each from the fields of science, engineering and humanities; and

(e) Such other members of the staff as may be laid down in the Statutes;

15. Subject to the provisions of this Act, the Statutes and the Ordinances, the Senate of an Institute shall have the control and general regulation, and be responsible for the maintenance, of standards of instruction, education and examination in the Institute and shall exercise such other powers and perform such other duties as may be conferred or imposed upon it by the Statutes.

16. (1.) The Chairman shall ordinarily preside at the meetings of the Board and at the Convocations of the Institute.

(2) It shall be the duty of the Chairman to ensure that the decisions taken by the Board are implemented.

(3) The Chairman shall exercise such other powers and perform such other duties as may be assigned to him by this Act or the Statutes.

17. (1) The Director of each Institute shall be appointed by the Council with the prior approval of the Visitor.

(2) The Director shall be the principal academic and executive officer of the Institute and shall be responsible for the proper administration of the Institute and for the imparting of instruction and maintenance of discipline therein.

(3) The Director shall submit annual reports and accounts to the Board.

(4) The Director shall exercise such other powers and perform such other duties as may be assigned to him by this Act or the statutes or Ordinances.

18. The Deputy Director of each Institute shall be appointed on such terms and conditions as may be laid down by the Statutes and shall exercise such powers and perform such duties as may be assigned to him by this Act or the Statutes or by the Director.

19. (1) The Registrar of each Institute shall be appointed on such terms and conditions as may be laid down by the Statutes and shall be the custodian of, the common seal, the funds of the Institute and such other property of the Institute a5 the Board shall commit to his charge.

(2) The Registrar shall act as the Secretary of the Board, the Senate, and such committees as may be prescribed by the Statutes.

(3) The Registrar shall be responsible to the Director for the proper discharge of his functions.

(4) The Registrar shall exercise such other powers and perform such other duties as may be assigned to him by this Act or the Statutes or by the Director.

20. The powers and duties of authorities and officers other than those hereinbefore mentioned shall be determined by the statutes.

21. For the purpose of enabling the Institutes to discharge their functions efficiently under this Act, the Central Government may, after due appropriation made by Parliament by law in this behalf, pay to each Institute in each financial year such sums of money and in such manner as it may think fit.

22. (1) Every Institute shall maintain a Fund to which shall be credited –

a) All money provided by the Central Government;

b) All fees and other charges received by the Institute;

c) All money received by the Institute by way of grants. gifts. donations, benefactions, bequests or transfers, and

d) All money received by the Institute in any other manner or from any other source.

(2) All moneys credited to the fund of any Institute shall be deposited in such Banks or invested in such manner as the Institute may, with the approval of the Central Government, decide.

(3) The Fund of any Institute shall be applied towards meeting the expenses of the Institute including expenses incurred in the exercise of its powers and discharge of its duties under this Act.

23. (1) Every Institute shall maintain proper accounts and other relevant and prepare an annual statement of accounts, including the balance -sheet, in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

(2) The accounts of every Institute shall be audited by the Comptroller and Auditor –General of India and any expenditure incurred by him in connection with such audit shall be payable by the Institute to the Comptroller and Auditor -General of India.

(3) The Comptroller and Auditor-General of India and any person appointed by him in connection with the audit of the accounts of any Institute shall have the same rights, privileges and authority in connection with such audit as the Comptroller and Auditor -General of India has in connection with the audit of the Government accounts, and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect the offices of the Institute.

(4) The accounts of every Institute as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded annually to the Central Government and that Government shall cause the same to be laid before each House of Parliament.

24. (1) Every Institute shall constitute for the benefit of its employees, including the Director in such manner and subject to such conditions as may be prescribed by the Statutes, such pension. insurance and provident funds as it may deem fit.

(2) Where any such provident fund has been so constituted, the Central Government may declare that the provision of the Provident Funds Act, 1925 shall apply to such fund as if it were a Government Provident Fund.

25. All appointments on the staff of any Institute, except that of the Director, shall be made in accordance with the procedure laid down in the Statutes, by –

a) The Board, if the appointment is made on the academic staff in the post of lecturer or above or if the appointment is made on the non-academic staff in any cadre the maximum of the pay scale for which exceeds six hundred rupees per month;

b) By the Director, in any other case.

26. Subject to the provisions of this Act, the Statutes may provide for all or any of the following matters, namely :-

(a) The conferment of honorary degrees;

(b) The formation of departments of teaching;

(c) The fees to be charged for courses of study in the Institute and for admission to the Examinations of degrees and diplomas of the Institute.

(d) The institution of fellowships, scholarship, exhibitions, medals and prizes.

(e) The term of office and the method of appointment of officers of the Institute;

(f) The qualification of teachers of the Institute;

(g) The classification, the method of appointment and the determination of the terms and conditions of service of teachers and other staff of the Institute;

(h) The constitution of pension, insurance and provident funds, for the benefit of the officers, teachers and other staff' of the Institute;

(i) The constitution, powers and duties of authorities of Institute;

(j) The establishment and maintenance of halls and hostels;

(k) The conditions of residence of students of the Institute and the levying of fees for residence in the halls and hostels and of other charges;

(l) The manner of filling vacancies among members of the Board;

(m) The allowances to be paid to the Chairman and members of the board;

(n) The authentication of the orders and decisions of the board;

(o) The meetings of the Board, the Senate, or any Committee, the quorum at such meetings and the procedure to be followed in the conduct of their business;

Private any other matter which by this Act is to be or may be prescribed by the Statutes.

27. (1) The first Statutes of each Institute shall be framed by the Council with the previous approval of the Visitor and a copy of the same shall be laid as soon as may be before each House of Parliament.

(2) The Board may, from time to time, make new or additional Statutes or may amend or repeal the Statutes in the manner hereafter in this section provided.

(3) Every new Statute or addition to the Statutes or any amendment or repeal of a Statute shall require the previous approval of the Visitor who may assent thereto or withhold assent or remit it to the Board for consideration.

(4) A new Statute or a Statute amending or repealing an existing Statute shall have no validity unless it has been assented to by the Visitor.

28. Subject to the provisions of this Act and the Statutes, the Ordinance, of each Institute may provide for all or any of the following matters Namely :-

a) The admission of the students to the Institute;

b) The courses of study to be laid down for all degrees and diplomas of the Institute;

c) The conditions under which students shall be admitted to the degree or diploma courses and to the examinations of the Institute, and shall be eligible for degrees and diplomas;

d) The conditions of award of the fellowships, Scholarships, exhibitions, medals and prizes;

e) The conditions and mode of appointment and duties of examining bodies, examiners and moderators;

f) The conduct of examinations;

g) The maintenance of discipline among the students of the Institute; and

h) Any other matter which by this Act or the Statutes is to be or may be provided for by the Ordinances.

29. (1) Save as otherwise provided in this section, Ordinances shall be made by the Senate.

(2) All ordinances made by the Senate shall have effect from such date as it may direct, but every Ordinance so made shall be submitted, as soon as may be, to the Board and shall be considered by the Board at its next succeeding meeting.

(3) The Board shall have power by resolution to modify or cancel any such Ordinance and such Ordinance shall from the date of such resolution stand modified accordingly or cancelled, as the case may be.

30. (1) Any dispute arising out of a contract between an Institute and any of its employees shall, at the request of the employee concerned or at the instance of the Institute, be referred to a Tribunal of Arbitration consisting of one member appointed by the Institute, one member nominated by the employee, and an umpire appointed by the Visitor.

(2) The decision of the Tribunal shall be final and shall not be questioned in any court.

(3) No Suit or proceeding shall lie in any court in respect of any matter which is required by sub section (1) to be referred to the Tribunal of Arbitration.

(4) The Tribunal of Arbitration shall have power to regulate its own procedure.

(5) Nothing in any law for the time being in force relating to arbitration shall apply to arbitrations under this section.

THE COUNCIL

31. (1) With effect from such date as the Central Government may, by notification in the Official Gazette, specify in this behalf, there shall be established a central body to be called the Council.

(2) The Council shall consist of the members, Namely :-

a) The Minister in charge of 'technical education in the Central Government, ex officio, As Chairman;

b) The Chairman of each Institute, Ex officio;

c) The Director of each Institute, Ex officio;

d) The Chairman, University Grants Commission, Ex officio;

e) The Director-General, Council of Scientific and Industrial Research, Ex officio;

f) The Chairman of the Council of the Indian Institute of Science, Bangalore, Ex officio;

g) The Director of the Indian Institute of Science, Bangalore, ex officio;

h) Three persons to be nominated by the Central Government, one to represent the Ministry concerned with technical education, another to represent the Ministry of Finance and thethird to represent any other Ministry;

i) One person to be nominated by the AII- India Council for Technical Education;

j) not less than three, but not more than five, persons to be nominated by the Visitor, who shall be persons having special knowledge or practical experience in respect of education, industry, science or technology;

k) three Members of Parliament, of whom two shall be elected by the House of the People from among its members and one by the Council of States from among its members.

3) An officer of the Ministry of the Central Government concerned with technical education shall be nominated by that Government to act as the Secretary of the Council.

32. (1) Save as otherwise provided in this section, the term of office of a member of the Council shall be three years from the date of his nomination or election, as the case may be.

(2) The term of office of an ex officio member shall continue so 10ng as he holds the office by virtue of which he is a member.

(3) A member of the Council referred to in clause (h) of sub-section (2). of section 31. shall hold office during the pleasure of the Central Government.

(4) The term of office of a member elected under clause (k) of sub -section (2) of section 31 shall expire as Soon as he ceases to be a member of the House which elected him.

(5) The term of office of a member nominated or elected to fill a casual vacancy shall continue for the remainder of the term of the member in whose place he has been nominated or elected.

(6) Notwithstanding anything contained in this section an outgoing member shall, unless the Central Government otherwise directs, continue in office until another person is nominated or elected as a member in his place.

(7) The members of the Council shall be paid such travelling and other allowances by the Central Government as may be determined by that Government, but no member shall be entitled to

MISCELLANEOUS

36. No act of the council, or any Institute or Board or any other body set up under this Act or the Statutes, shall be invalid merely by reason of –

a) any vacancy in, or defect in the constitution thereof, or

b) any defect in the election nomination or appointment of a person acting as a member thereof,or

c) any irregularity in its procedure not. affecting the merits of the case.

37. If any difficulty arises in giving effect to the provisions of this Act, the Central Government may,; by order published in the Official Gazette, make such provision or giving such direction not inconsistent with the purposes of this Act, as appears to it to be necessary or expedient for removing the difficulty.

38. Notwithstanding anything contained in this Act,-

a) the Board of Governors of an Institute functioning as such immediately before the commencement of this Act shall continue to so function until a new Board is constituted for that Institute under this Act, but on the constitution of a new Board under this Act, the members of the Board holding office before such constitution shall cease to hold office;

b) *The staff committee constituted in relation to the College of Engineering and technology, Delhi and any Academic Council constituted in relation to any other Institute before the commencement of this Act shall be deemed to be the Senate constituted under this Act until a Senate is constituted under this Act for that Institute;

c) until the first Statutes and the Ordinance are made under this Act, the Statutes and Ordinances of the Indian Institute of Technology, Kharagpur as in force immediately before the commencement of this Act shall continue to apply to that Institute and shall, with the necessary modifications and adaptation also apply to any other Institute, in so far as they are not inconsistent with the provisions of this Act.

39. (1) The Indian Institute of Technology (Kharagpur) Act, 1956 is hereby repealed.

(2) Notwithstanding such repeal, the provisions of the said Act set out in the Schedule shall continue to have effect.

Provided that in the said provisions, the expression, "this Act" means the said provisions,

AS PER WEBSITE:

ABOUT IIT BOMBAY

IIT Bombay, set up by an Act of Parliament, was established in 1958, at Powai, a northern suburb of Mumbai. Today the Institute is recognised as one of the centres of academic excellence in the country. Over the years, there has been dynamic progress at IIT Bombay in all academic and research activities, and a parallel improvement in facilities and infrastructure, to keep it on par with the best institutions in the world. Institutes in positions of excellence grow with time. The ideas and ideals on which such institutes are built evolve and change with national aspirations, national perspectives, and trends world - wide. IIT Bombay, too, is one such institution.

History of IIT Bombay

Directors of the Institute

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

HISTORY:

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 or 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, training 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 and D work for industries.

Director, IIT Bombay: A Profile

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

Prof. 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.

PROFILE:

The role of the International Relations Office is to oversee and coordinate all international programmes of the IIT Bombay, including:

To promote new relationships between overseas universities and institutions and IIT Bombay (IITB), and to help define the scope of such relationships through appropriate Memoranda of Understanding (MoUs).

To Interface with the appropriate authorities at the collaborating universities and institutions on all matters defined in the scope of the MoUs.

To identify a faculty co-ordinator for each MoU and to co-ordinate activities at IITB under the MoU with him/her.

To create awareness about all such MoUs amongst the departments/centres/schools and students of IITB to ensure their full participation in envisaged programmes.

To interact with departments in identifying matching course programmes and research projects for IITB students participating in exchange programmes.

To select IITB students/scholars, jointly with Dean (Academic Programmes) and departments/centres/schools, for participation in exchange programmes.

To co-ordinate with Dean (Academic Programmes) and Dean (Students Affairs) in order to ensure that all foreign students arriving at IITB under any MoU are provided all specified facilities.

To interface with the Ministry of Human Resources Development and/or Ministry of External Affairs, Government of India, on all matters pertaining to overseas MoUs.

To look after any other related matters.

48^th Foundation Day Celebrated

The Indian Institute of Technology Bombay celebrated it's 48^th Foundation Day on 13^th March, 2007. Distinguished Alumnus Awards and Faculty Awards were presented on the occasion. Mr. Ajay G. Piramal, Chairman, Nicholas Piramal India Limited was the Chief Guest.

Prof. Tarun Kant (Civil Engg. Deptt) and Prof. N. K. Naik (Aerospace Engg. Deptt) were conferred the Prof. H.H. Mathur Excellence Award in Applied Sciences. These awards are instituted by Mr. Rakesh Mathur, an alumnus of IITB. The Faculty Awards were presented by Dr. Anil Kakodkar, Chairman IITB Board of Governors. He spoke on future projects and IIT's plans to make it a Institute of world-class excellence.

Mr. Piramal stated the growth story of India. The challenges which they are facing today need much more innovations. For development, India has to create intellectual property and the institutes like IIT Bombay have to play an important role in it?

Prof. Ashok Misra, Director, IIT Bombay in his address mentioned recent developments at the Institute such as the newly established Department of Energy Systems Engineering ; a new M. Tech Programme in Technology and Development at Centre for Technology Alternatives in Rural Areas which has social relevance. MOUs with three Canadian Universities- University of Waterloo and McMaster for collaborations with focus on nanotechnology and York University. The Institute has been invited to be the lead institute for the establishment of the first African Institute of Science and Technology at Abuja, Nigeria and to assist in formulating a Common Entrance Examination system to facilitate intake of students. He said, IITB plans to implement the 27% OBC reservation from July in increments of 9% over a three year period, while preserving the number of general category students, which results in increase of 54% in the overall strength. ?It is a challenging task as they need to enhance the academic infrastructure, hostel accommodation and most importantly, the faculty strength in a short period?, said Prof. Misra.

Seven IIT Bombay alumni were honoured with Distinguished Alumnus Awards this year. This award is conferred in recognition of outstanding contribution in their chosen field. These are:

Prof. Nitin Nohria (B. Tech., Chemical Engg., 1984) Professor of Business Administration and Senior Associate Dean and Director of Faculty Development, Harvard School, USA. Dr.N. Radhakrishnan (M.Tech., Civil Engg., 1962) Vice Chancellor (Research), North Carolina AandT State University, USA. Mr. Rakesh Mathur (B.Tech., Mechanical Engg., 1978) Vice President, Amazon, USA. Mr. Shailesh Ramkumar Gandhi (B. Tech., Civil Engg., 1969) Former Chairman and Managing Director, Clear Plastics India Limited Mumbai. Mr. Ramesh Vaikuntanathan Vangal (B.Tech, Mechanical Engg., 1977) Founder and Chief Executive of Scandent Group, Banglore. Mr. Prashant Narayan Ranade (B.Tech., Mechanical Engg., 1975) President and CEO, Siemens LandA, North America,

USA. Dr. Sheel Kant Sharma (M.Sc. Physics, 1971 and Ph.D. Physics, 1974) Ambassador of India to Austria.

The awardees in their acceptance responses were expressive of gratitude to IIT and the IIT way of life.

Prof. Nitin Nohria said? I learned the most important thing in IIT that I did not want to be a Chemical Engineer, however I thank IITB for having taken me on. I never made it to IIT in the first round. But the next year, I managed to find my name on the list?.

· Mr. Rakesh Mathur while accepting award said, ? It was the fun he had on the campus that made his stay memorable?.

· Mr. Shailesh Gandhi who is the Right to Information (RTI) activist said? This will be one of my most valued awards as it comes from my alma mater?.

· Mr. Ramesh Vangal thanking the Institute said that he learned five things from IIT, viz: liberation, vision, entrepreneurial skill, passion and respect to Mata-Pita-Guru.

· Dr. Sheel Kant Sharma said, ?While studying to be a civil servant, I found it perplexing to sit in a class-room where there were no equations on the blackboard as I had been so used to communicating in the language of mathematics while on the IIT campus?.

· Mr. Prashant Narayan Ranade and Dr. N. Radhakrishnan were not present for the ceremony. Their messages expressed their gratitude for being selected for the award.

48^th Foundation Day Concern and Powai Vatika Inauguration

Powai Vatika, a newly developed, open-air community facility was inaugurated on March 11, 2007 by Mr. Anil Kakodkar, Chairman, IITB. The inaugural function was followed by a melodious Sitar Concert by the eminent artist Pandit Nayan Ghosh on the occasion of 48^th Foundation Day.

Powai Vatika is an approximate one acre of land (known as survey no.1) lying at the extreme end of the campus beyond Devi Temple. It is surrounded on two sides by Powai Lake and the garden laid out within it makes it one more, very picturesque spot on the campus. A raised stage with a canopy, washroom facilities and a large kitchen have been provided. It will be available as a recreational and community facility for weddings and other functions..

Launch of Creative Commons, India at IIT Bombay

Creative Commons, India was formally launched on January 26th at IIT Bombay. Creative Commons is an alternative copyright licensing system that reserves some rights and waives other rights if favour of the user as opposed to Copyright which seeks to reserve all rights by the author.

There were a series of events to mark this significant occasion. There was a formal launch event on 26th and two parallel workshops conducted on 26^th and 27th.

There was also a stall that provided literature by Creative Commons, India [creativecommons.org and cc-india.org], Creativedot.linux and Novell. Creative Commons, India license is now ready and available for use at the following site: creativecommons.org/license.

The well attended formal launch on 26th January had the following speakers: Prof. Ashok Misra [Director], Mr. Joichi Ito [Chairman, CC], Dr. Catharina Maracke [Global Coordinator,CC], Prof. Deepak Phatak [KReSIT], Mr. Nandu Pradhan [President, Red Hat India], Mr. Anurag Kashyap [Film maker], Lawrence Liang [Legal Lead, CC, India] and Shishir K. Jha [Project Lead, CC, India]. Prof. Misra gave a brief welcome address. Mr. Joichi provided an excellent view of the various dimensions of Creative Commons initiative. He particularly emphasized the radical opportunities presented by the internet and how the creative community has seized such an opportunity. Dr. Catharina provided a view of the CC legal licenses. Prof. Phatak spoke out the ongoing work at IIT Bombay that both converges and intersects with Creative Commons. Mr. Anurag spoke about the importance of having access to resources for those working in creative areas such as film and documentary making. Lawrence and Shishir provided views about the significance of Creative Commons for India and its importance for the educational community at large.

Rediance 2007

The Mechanical Engineering Association - MEA of IIT Bombay organized its inaugural annual technical event, RADIANCE 2007, on 10th and 11th March, 2007. This was the first ever Annual Research and Technological Festival of the Department of Mechanical Engineering and it intended to bring the Mechanical Engineering fraternity from industry, research establishments and the academia on a common platform.

The primary motivation for Radiance was to showcase the Department's Research Capabilities and to bring out the challenges and opportunities in the field of Mechanical Engineering.

Radiance 2007 was inaugurated by Prof. Amitabha Ghosh (Senior Scientist? Indian National Science Academy, Former Director of IIT Kharagpur). It featured research project presentations, workshops, guest lectures and competitions related to Mechanical Engineering. 'Vaigyaniki', a national level competition to present research and product development projects done by the students, was the flagship event of Radiance.

Exhibitions were organized to highlight the research activities of the Faculty members of the department. A special exhibition and a movie show by the Mazagaon Dock focused on the challenges in ship building. A showcase exhibition of the robots developed by the students by the Technic Team of IIT Bombay attracted many.

Invited Lectures were delivered by honorable guests, which included professors like Prof. Amitabha Ghosh, Dr. Karmalkar (IIT Madras), Dr. B. Ravi (IIT Bombay), Dr. Agarwal (TATA Memorial Hospital), alumni of the institute like Mr. Kamlesh Pande (VP- Thermax Limited), Mr. Harshwardhan Gupta (Neubauplan Machine Design Studio), Mr. P.K.Verma - from ONGC.

Competitions like Industry Defined Problems, Business Plan Competition, Mechanical engg. software development, quizzes and others tested the technical, entrepreneurial and managerial skills of the budding engineers. As a part of Radiance, a workshop on "MEMS and Micromachining" was also organized which was well received by participants from both the industry and the academia.

In all, Radiance was an outcome of joint efforts put in by both the UG-PG students and the faculty members of the department. Radiance received a phenomenal industry support and witnessed an overall participation of around 500 students from 30 institutes across the nation. It is now envisaged that Radiance shall continue to be organized by MEA on an annual basis.

National Science Day

Indian Institute of Technology Bombay and The Mumbai Chapter of National Academy of Sciences, India jointly organized a National Science Day Talk by Prof. S. M. Chitre on? Is there intelligent life elsewhere in the Universe?? On February 28, 2007.

Prof. S. M. Chitre was a research fellow at the California Institute of Technology, Pasadena, USA before joining the Tata Institute of Fundamental Research, Bombay in 1967 from where he retired as Senior Professor (I) in 2001.

He has held visiting positions at Universities of Cambridge, Princeton, Sussex, Amsterdam, Columbia and Virginia and as a Max-Planck Fellow at the Max-Planck Institute fur Extraterrestrische Physik, Munich and held senior Research Associateships of the National Academy of Sciences, USA at Goddard Se Flight Centre, NASA. His research interests are in the area of Solar Physics, Physics and Astrophysics of Collapsed Objects and Gravitational Lensing.

GPS 2007

GPS-2007, a short-term training course, on ?Global Positioning System and Its Application In Atmospheric and Ionospheric Studies?, sponsored by the Department of Science and Technology, Govt. of India, was organized during 27^thFebruary to 4^th March, 2007, by the Geodesy and Remote Sensing Division, Civil Engineering Department, with Prof. Madhav N. Kulkarni, Lt. Col. (R), as the coordinator and Mr. Anil Kulkarni, Scientist, SAMEER as Course Co-coordinator.

The course was inaugurated on 27^thFebruary by Prof. Kurien Isaac, Associate Dean, R and D. The course faculty comprised of experts in the field, including Dr. J. R. Kayal, Retd. Deputy Director General, Geological Survey of India, Kolkata, Dr. G. K. Mukharjee, Scientist, IIG Panvel, Dr. A. D. Sharma Director NERTU Hyderabad, Dr. Vineet Gehlaut, Scientist, NGRI, Hyderabad, Mr. Manoranjan Mohanty Scientist, Department of Science and Technology, New Delhi, Prof. Kamal Sakr, National Research Institute of Astronomy and Geophysics Egypt, Dr. Parmesh Banergee, Scientist, Wadia Institute of Himalayan Geology Dehradun, Mr. Anil Kulkarni Scientist, SAMEER Bombay, and faculty members from Civil Engineering Department and CSRE, including Dr. (Mrs.) P. Venkatachalam, Prof. E. P. Rao and Prof. M. N. Kulkarni.

The topics included The Global Positioning System and Its Applications, GPS Meteorology, Introduction to Ionospheric studies, Modeling of Ionospheric Time Delay for GPS Applications, Introduction to Map Projections, Earthquake studies in Himalaya using GPS, Principles of GIS, GRAM++ GIS Package Development and Applications, Introduction to Surveying, GAGAN an Overview, etc. and field work for GPS Data collection and processing.

This was the Sixth course at IIT B since 2000, in the series under the "National GPS programme for Earthquake Studies" of DST. A total of 19 scientists/engineers/academicians from different Govt. organizations, Universities, and Institutes participated in the course. A Training Volume and a Compact Disk, both containing lecture notes, were provided to the participants.

Convergence ’07 – KReSIT, Research Workshop

KReSIT, IIT Bombay, organised its annual research workshop 'Convergence' during March 10-11, 2007. The theme of the event this year was "Networks Research". The audience consisted of over 180 participants which included students, researchers, faculty members, and software professionals. The aim of the event was to highlight recent advances in the areas of Access Technologies, Sensor Networks, QoS, and Network Security. Speakers from IIT Bombay such as Prof. Krithi Ramamritham, Prof. Abhay Karandikar, Prof. Girish Saraph, and Prof. Ashwin Gumaste were among those from academia who presented their research. Eminent researchers from the likes of IIT Delhi, IISc Bangalore, Intel India and Bell Labs were also part of the event. Additionally, M Tech students and project staff of KReSIT demonstrated their current research by means of a poster presentation.

Bamboo Product Workshop in West Bengal

A workshop on? Tools, small machines finishes and new products design in bamboo? was held from 12^th March 2007 to 18^th March 2007 at Kirnahar village in the Bolpur district of West Bengal for bamboo crafts persons by the design team Bambu Studio of Industrial design Centre (IDC), IIT- Bombay. Intensive Khadi and Rural Development Centre (IKRDC), Kirnahar had facilitated this workshop .This is organized as part of a Khadi and Village Industries Commission (KVIC) supported initiative to form mini bamboo clusters by IIT Bombay in different parts of the country.

The IDC designer?s team, led by Prof. A G Rao, had divided the craft persons into groups and exposed them to different designs of bamboo products like gift basket, tea coaster, acrylic tray, multi purpose basket, waste paper basket, and shopping basket. The craft persons were exposed to different techniques like coil technique and use of jigs and mould while making products to bring finishing and quality. They also trained them in process of preparation of strips and treatment of bamboo raw material to protect it from fungus and insects by using chemicals like Borax and Boric acid. Craft persons were also trained in dyeing the bamboo products with the natural colour derived from katha, tea, haldi and alta. The team also oriented the trainees on the need of linking of their product with market demand during the workshop.

The IDC team has so far conducted about ten workshops on bamboo craft in different states. AG Bamboo Style (Private) Limited, a bamboo product marketing company, being registered by Prof. Rao under SINE, IIT Bombay, has extended its support by placing orders for the products trained in the workshop. The Kirnahar workshop team was consisted of Prasad Bokil, designer, Niranjan Rudrapaul, Mrs. Gangamma, both skilled craft instructor and Krishna Sutar, mould maker. Banmali Roy , IKRDC?s the Chief Functionary had provided the logistics support .

Kaladarshan

Kaladarshan, the annual art exhibition of IIT Bombay, was held on the 2^nd and 3rd of March, at the Gulmohar Hall. The exhibition was organized by Rang, the fine arts club and Picture Perfect, the budding photography club. The exhibition included around 140 paintings and about 150 photographs submitted by people in the IIT campus.

This year's Kaladarshan witnessed amazing paintings from various people including Ms.Bina Tamse of the Campus school, Mrs.Saraswathi Kirthivasan, a few IDCians like Poorva carvings from Mr.Balan and also cute artworks from the students of Kendriya Vidyalaya. The exhibition also included some breathtaking photographs by Prof. Gaitonde, Sumeet Parmar, Suyog, Aashish and others. It also had floral arrangements by freshie girls and also Rangoli by Neelam Bhoir.

The objective of the art exhibition is to provide a platform especially for amateur artists to showcase their talents. Art enthusiasts also feel that this gets different styles under a single roof. The exhibition received encouraging feedback .

Institute Lecture

Prof. Bill Casselman, University of British Columbia gave an institute lecture titled? The Early History of Numbers? on February 28, 2007. Prof. Casselman specialises in the field of mathematical research: automorphic forms and combinatorial computing. Since 1971, he has been on the faculty of the University of British Columbia. He was a visitor in recent years to the University of Sydney, the University of New South Wales, and the Tata Institute in Mumbai, India. He has also been a speaker at the Euclid Conference held in October, 2005 at Oxford University. He is also the author of the book Mathematical Illustrations, Cambridge University Press, 2004.

Professor Casselman has given several public lectures of this kind, notably the "Clay Public Lecture" at Harvard University. The photographs that Professor Casselman displayed at the lecture are part of his large personal collection. The talk included the photographs of mathematical artefacts from Sumer, Babylon, Hellenistic Egypt, India, and medieval Europe

Awards and Distinctions:

Prof. Ashok Misra, has been elected as a Honorary Fellow of Indian Plastics Institute in recognition of outstanding academic achievement by the Governing Council of Indian Plastics Institute on 23^rd February 2007.

Prof. Pramod Wangikar has been selected for the 'National Bioscience Award for Career Development- 2006' by the DST, for outstanding contributions in the area of ?Modeling, Optimization and Monitoring of Fermentation?.

Prof. K. V. Venkatesh and Prof. Chandra Venkataraman, Deptt. of Chemical Engg. have been selected for 'R. G. Manudhane Faculty Research and Development Excellence Award 2006', in Chemical Engineering of IIT Bombay.

Prof. H. S. Shankar, Prof. S. Mahajani and Prof. J. Bellare, Deptt. of Chemical Engg. have been selected for 'Indira Manudhane Applied Research Project Awards 2006', in Chemical Engineering of IIT Bombay.

Dr. T. R. Rama Mohan (ex faculty Deptt. of Metallurgical Engineering and Materials Science) has been given Life Time Achievement Award (Fellow PMAI) by the Powder Metallurgy Association of India in recognition of his unique contribution to PMAI in the synergy achieved in bringing all the Scientists, Researchers and Industrialists working with various particulate materials together under one roof.

Rajendra M Sonar, SJMSOM presented a paper titled 'An Application Development Framework using Expert System Approach' at International Conference on Information Systems, Technology and Management (ICISTM-2007), held at Indian Habitat Centre, New Delhi during 12-13 March, 2007. He also Chaired session on 'Software Engineering and Application Development'.

Amitava De, Associate Professor, In-Charge, Central Workshop; SITAC Lab, Mechanical Engineering Department presented an original research paper in National Welding Conference on "Welding Productivity and Quality (WPQ-2007)" held at National Materials Research Laboratory, Ambarnath (India) during February 19 - 21, 2007. The research paper entitles "Enhancing reliability of numerical computational model for laser spot welding process" which was authored by De, A., Bag, S. and Trivedi, A. The paper was awarded as the BEST PAPER PRESENTED.

Dr. Geetanjali Chimote, a research scholar in the School of Biosciences and Bioengineering working under the guidance of Prof Rinti Banerjee, has been awarded the first prize for the best poster presentation at the 7^th International Symposium on Advances in Technology and Business Potential of New Drug Delivery Systems, organized by the Controlled Release Society - Indian Chapter, held on 13th and 14th February 2007.

FACULTY NEWS:

Department of Chemistry

Prof. Sambhu N. Datta gave an invited lecture titled ?Relativistic Dynamics of N-particle Systems in a Strong, Homogeneous Magnetic Field? in the closed international conference on Recent Trends in Many-Body Methods for Electronic Structures and

Properties of Atoms and Molecules and also served as the Chairperson of a session titled ?Relativistic Theory of Atoms and Molecules? in the same conference held in Bhubaneswar and Puri during 11-13 January 2007.

Civil Engineering Department

Prof. V. Jothiprakash, Assistant Professor presented a paper titled "Trap Efficiency Estimation for Reservoir Sedimentation - A case study" at the 6th International Symposium on Ecohydraulics (ECOHYDRAULICS 2007), held at Christchurch, New Zealand during 18th - 23rd February 2007.

Prof. Deepankar Choudhury was invited to deliver the keynote lecture on the topic "Recent developments in earthquake resistant design of retaining walls", during First Indian Young Geotechnical Engineers Conference (FIYGEC 2007) at JNTU Kukatpallay, Hyderabad, organized by JNTU College of Engineering, Hyderabad, IGS Hyderabad Chapter, IGS Kakinada Chapter, India on March 3, 2007. He also had chaired a session of the conference.

Electrical Engineering Department

Prof. V. Ramgopal Rao has been appointed as an Honorary Editor for the IETE Journal of Research in the area of "Electronics Devices and Components". He is currently serves on the editorial boards of IEEE Transactions on Electron Devices and the Open Applied Physics Journal (OAP) from Bentham Science Publishers.

Department of Humanities and Social Science

Prof. Rehana Ghadially delivered a lecture on "Women at Work in the Family and Society" at NTPC Limited Mumbai on 8th.March 2007.

Prof. Ramasubramanian delivered a talk on ?Seminal Contributions of Nilakantha : A 15th Century Indian Astronomer? at National Seminar on "Indian Scientific Heritage : Aryabhata to Harishchandra?, organized by Ramakrishna Mission Vivekananda University, Belur Math, Calcutta held on 23 and 24 February 2007.

Prof. L. M. Bhole delivered the Inaugural Keynote Address on the subject,"Some Reflections on Future Directions of Research in Management with Special Reference to Finance Area" at All-India Doctoral Thesis Conference organised by ICFAI Business School, Hyderabad on March 9, 2007.

Dr Sudha Shastri presented a paper entitled 'Revisiting the Past: Feminist Concerns in Margaret Atwood's THE PENELOPIAD' at the International Conference on Women's Studies: 'Sites of Female Terror', organised by the Departments of English Philology I and II, University of Complutense, Madrid, from 12-14 March 2007.

Industrial Design Centre

Prof. Raja Mohanty attended a seminar on 'Palm Leaf Manuscripts and Pata Chitra Paintings of Orissa' organized by the National Museum and the Orissa State Museum at Bhubaneswar and presented a paper titled 'Storytelling and the Pata Chitra tradition of Orissa' on the 28th of February and the 1st of March 2007.

Department of Mathematics

Prof. Tony Puthenpurakal gave a colloquium talk on ?Some Aspects of Resolutions of Ideals? in the Department of Mathematics IITB on March 14, 2007.

Prof. Inder K. Rana organised One day "Teacher's meet cum workshop on Technology in Math Education " on 17th March 2007 in the Department of Mathematics. About 20 teachers from various schools participated in the event.

Department of Physics

Prof. U. A. Yajnik presented the plenary talk titled "Gauged B-L symmetry and cosmology" at the International Workshop on Theoretical High Energy Physics, IIT Roorkee on March 16, 2007.

SJM School of Management

Prof. S. Bhargava attended the Association of International Education Administrators Conference held at the Marriot City Center during February 19-22, 2007 and participated in the session on the theme ?The Global University: Challenges and Opportunities?. He also delivered 1st Global Scholars Lecture on ?What the East Must Learn From the West: Developing An Entrepreneurial Society? invited by Office of the Vice Provost for International Programs and Strategic Initiatives, University of Missouri, Columbia where he had consultation/interaction and meetings with the faculty and students of MU International Center, Rural Policy Research Institute, College of Business, College of Agriculture, Food and Natural Resources, and the Truman School of Public Affairs during 22-26 February, 2007.

Prof. Atanu Ghosh attended the National Symposium on "India Inc Goes Global: Challenges and Opportunities Abroad" being hosted by MBA-Global Business students of NMIMS University in Mumbai on 24th of March,2007.

School of Biosciences and Bioengineering

Dr. Rohit Srivastava delivered an invited talk on ?Nanoengineered Biosensors and Tissue Engineering? at the Indo-US Workshop on Free Form Fabrication for Tissue Engineering and Biomedical Applications, held at TERI, Bangalore during 22-24 Feb 2007.

Department of Earth Sciences

Prof. S.C. Patel delivered an invited lectures on the topic "Metamorphic rocks as recorders of tectonic processes" in a UGC-sponsored refresher course at the Department of Geology, University of Pune on 3rd March, 2007.

Centre for Studies in Research Engineering

Dr. B. Krishna Mohan, Principal Research Engineer attended the 3^rd Asian Space Conference organized by Nanyang Technological University, Singapore during 21-23 March 2007 and presented a paper entitled ?Segmentation and Classification of High Resolution Remotely Sensed Images? , co-authored by Vijendra Nayak and James Hogg.

Publications:

Prof. S. M. Khopkar, Professor Emeritus, Chemistry Deptt. has authored a research monograph entitled ?Solvent Extraction Separation of Elements by Liquid Iron Exchangers? which has been recently published by New Age International Publishers Limited (Formerly Wiley Eastem), New Delhi.

Dr. Rehana Ghadially, Deptt. of HSS, edited a book titled "Urban Women in Contemporary India" which was published by Sage Publications India Private Limited, Delhi in March 2007.

Seminars:

Department of Aerospace Engineering

Prof. Pant gave a popular lecture on? Airbus A-380? which was organised by The Aeromodeling Club of IITB on 26th March 2007.

Department of Chemistry

Prof. D. Balasubramanian, Director of Research L.V. Prasad Eye Institute, Hyderabad delivered a seminar on ?Translational Biology in India : From Smallpox to Stem Cells? in a Second Anil K. Lala Memorial Lecture (A lecture series instituted in memory of Late Prof. Anil K. Lala a pioneer of research at the interface of chemistry and biology at IIT Bombay) on March 15, 2007.

Dr. M. Vairamani, Head, Indian Institute of Chemical Technology, Hyderabad gave a talk on "Mass Spectrometry" during March 21-26, 2007.

Department of Civil Engineering

Dr. Kamal Sakr, Professor of Geodesy at the National Research Institute for Astronomy and Geophysics (NRIAG), Egypt, visited IIT Bombay where he delivered invited lectures in the DST-sponsored training course on ?Global Positioning System (GPS)?. He also carried out collaborative research with the GPS-Geodesy research group. A MoU for collaborative research between NRIAG and IITB was also finalized in his visit during 24 Feb. to 7 March.

Department of Humanities and Social Science

Dr. Priyedarshi Jetli, Reader, Department of Philosophy, University of Delhi delivered a lecture on? Defining False: Towards a Unified Theory of Truth? under the auspices of Indian Council of Philosophical Research Periodical Lecture Series on February 28, 2007.

Prof. Craig Shealy, Professor of Graduate Psychology at James Madison University, a core faculty member of the Combined-Integrated Doctoral program, and Executive Director of the International Beliefs and Values Institute (IBAVI) delivered a talk on "From Falwell to bin Laden: Making Sense of Why They Believe What They Believe" on March 7, 2007.

Sadanand Dhume, Journalist and writer gave a seminar talk on? Radical Islam in Southeast Asia : Contrasting Approaches to the Problem? on March 12, 2007.

Prof. N. S. Siddharthan, Hon. Professor of Economics, Madras School of Economics

Member Secretary and Hon. Director, Forum for Global Knowledge Sharing delivered a seminar on ?Regional Differences In FDI Inflows: China - India Comparison? on March 22, 2007.

Prof. Rahul Varman , Associate Professor, Dept. of Industrial and Management Engineering, I.I.T, Kanpur gave a talk on ?Labour Standards in The TImes of Globalisation? on 23rd March, 2007.

Frode Helland, Director at the Centre for Ibsen-Studies, University of Oslo spoke on "Henrik Ibsen and the Political: A Doll's House" on 26th March 2007.

Department of Mathematics

Kartik Prasanna, University of Maryland, USA delivered a colloquial talk on? Nonvanishing of L-functions mod p? on March 5,2007.

Piotr Pragacz, Institute of Mathematics, Polish Academy of Sciences, Warsaw, Poland delivered a colloquial talk on ?Thom Polynomials and Schur Functions? on March 7, 2007.

Manoj Keshari, IIT Bombay gave a talk on? Gorenstein Rings VI? in a Communicative Algebra Seminar on March 8, 2007.

Nitin Nitsure, School of Mathematics, TIFR gave a talk on ?The curvature and topology of surfaces? in a Popular Lecture Series on March 7, 2007. He also delivered a Public Lecture on the occasion of The 26^th Mathematics Olympiad titled? Mathematics and Set Theory? on March 11, 2007.

Prof. Milind Sohoni, Department of Computer Science spoke on ?Geometric Complexity Theory (GCT)? on March 22, 2007.

Department of Mechanical Engineering

Prof. Ranga Pitchumani, Advanced Materials and Technologies Laboratory, Department of Mechanical Engineering, University of Connecticut Storrs, Connecticut 06269-3139, delivered a seminar on ?Investigations on Polymer Electrolyte Membrane Fuel Cells? on March 7, 2007.

Sanket S. Mahajan, Doctoral Candidate, Purdue University spoke on? Molecular Simulations for Determining Transport Properties of Nano-Composites? On March 14, 2007.

Prof. S. S. Sezhin, School of Engineering, University of Brighton, UK gave a talk on? Modeling of Processes in Droplets and Sprays? On March 19, 2007.

Department of Metallurgical Engineering and Materials Science

Dr. G. Sundararajan, Director, ARCI, Hyderabad delivered a seminar on? Micro arc oxidation: a novel coating technique? on March 9, 2007.

Prof. Satish Kumar, School of Polymer, Textile and Fiber Engineering Georgia Institute of Technology, Atlanta GA30332-0295 gave a talk on? Polymer/ Carbon Nanotube Composite Film and Fibers? On March 13, 2007.

Department of Physics

Prof. B. Ananthanarayan, IISc, Bangalore gave a seminar talk on? Probing new physics at the ILC with polarized beams? on March 28, 2007.

Industrial Engineering and Operations Research

Prof Vijay Kannan, Professor of Operations Management College of Business, Utah State University, U.S.A. Delivered a talk on? Service Operations Strategy- Keys to Success? on March 6, 2007.

Centre for Research In Nanotechnology and Sciences

Prof. Subhabrata Dhar, Physics Deptt. delivered a Nanotechnology colloquium on ?Gd doped GaN: A Promising Material for Spintronics and Optoelectronics? on March 5, 2007.

Prof. Ramaswamy Murugavel, Department of Chemistry gave a colloquial talk on ?Precursors for Designer Zeolites: Applications of Organometallic and Metal-Organic Chemistry in Nanoscience? on March 26, 2007.

Kanwal Rekhe School of Information Technology

Prof. Christopher Jermaine, Assistant Professor, Computer and Information Sciences and Engg. Dept., University of Florida delivered a seminar on ?Supporting Scaleable Online Statistical Processing? on 16th March, 2007.

SJM School of Management

Prof. Nitin Nohria, Richard P. Chapman Professor of Business Administration and Senior Associate Dean and Director of Faculty Development at the Harvard Business School delivered a seminar on ?Leadership : Lesson from Two Decades of Research? on March13, 2007.

Dr. Dinesh Abrol, senior researcher at the National Institute of Science, Technology and Development Studies (NISTADS) Delhi delivered a memorial lecture on ?The Union Budget and the Social Sectors? in The 2007 Sudhir Yardi Memorial Lecture on March 29, 2007.

School of Biosciences and Bioengineering

Dr. Debraj Shome, Honorary Consultant- Ocular Oncology, Tata Memorial Cancer Centre and Head, Department of Ophthalmic and Facial Plastic Surgery, Orbital diseases and Ocular Oncology, Aditya Jyot Eye Hospital Private Limited, Wadala delivered a seminar on ?Retinoblastoma ? the disease, detection and therapy? on March 6, 2007.

Dr. Siddhartha Jana, NIH, Bethesda, Maryland, U.S.A. Gave a talk on ?Function of the C1 Inserted Isoform of Nonmuscle Myosin II-C in Tumor Cell Lines and Mice? on March 7, 2007.

Department of Earth Sciences

Dr. S. K. Steve Chang, Schlumberger K.K.,Japan and Society of Exploration Geophysicists (SEG) Asian Regional Lecturer-2007 spoke on " Recent Advances in Borehole Geophysics Applications" on 27th February, 2007. The lecture was organised by SPG-IIT Bombay Student Chapter and attended by the President SPG India Mr. Apurva Saha, President SPG-IIT Bombay student Chapter, professors and students of the department.

Appointments:

Prof. Abhiram Ranade, Deptt. of Computer Science and Engg. has been appointed as Head of the Department of recently merged The Kanwal Rekhi School of Information Technology with the Computer Science and Engg. Deptt. w.e.f. March 8, 2007.

Dr. Dipankar Sarkar has been appointed as an Adjunct Associate Professor in the Department of Electrical Engineering from 2nd January, 2007.

Dr. Manoj Neergat has been appointed as an Assistant Professor in the Energy Systems Engineering Group from 31st January, 2007.

Dr. (Ms.) Pratibha Sharma has been appointed as an Assistant Professor in the Energy Systems Engineering Group from 5th February, 2007.

Shri Neeraj Parolia has been appointed as a Lecturer (Sr. Scale) (Contract) in the Shailesh J. Mehta School of Management from 13th February, 2007.

Dr. Sivaji Ganesh Sista has been appointed as an Assistant Professor in the Department of Mathematics from 13th February, 2007.

Dr. Rajdip Bandyopadhyaya has been appointed as an Assistant Professor in the Department of Chemical Engineering from 2nd March, 2007.

Dr. (Ms.) Asmita Mukherjee, Lecturer (Sc.Scale) (Contract), Department of Physics has been appointed as an Assistant Professor in the same Department from 7th March, 2007.

Dr. Rohit Srivastava, Lecturer (Sc.Scale) (Contract), School of Biosciences and Bioengineering has been appointed as an Assistant Professor in the same School from 7th March, 2007.

Shri Vivek Sinha has been appointed as a Research Associate in the Department of Mathematics from 9th March, 2007.

Dr. Rajakishore Nath has been appointed as a Lecturer (Sc.Scale) (Contract) in the Department of Humanities and Social Sciences from 12th March, 2007.

Dr. Ratikanta Panda has been appointed as an Assistant Professor in the Department of Humanities and Social Sciences from 12th March, 2007.

Dr. S.S. Krishnamurthy has been appointed as a Visiting Professor in the Department of Chemistry from 12th March, 2007.

Student News:

Vipul Mathur (Research Scholar) and Prof. Varsha Apte of CSE Department presented their paper entitled "An Overhead and Resource Contention Aware Analytical Model for Overloaded Web Servers" at the Sixth International Workshop on Software and Performance (WOSP 2007) held in Buenos Aires, Argentina during February 5-8, 2007.

Ms. Pritee Sharma, Research Scholar at Department of HSS, presented her research paper on ?Rural Poverty and Agricultural Productivity Growth in India: A Region-wise Analysis?, at the National Seminar on ?Making growth inclusive with Special Reference to Imbalance in Regional Development.? The seminar had been organized at Jammu, by the Department of Economics, University of Jammu, and Indian Institute of Advanced Studies, Shimla, during March 12-13, 2007.

Film Awards:

A film made by Sameer S. Sahasrabudhe, Studio Manager, KReSIT and Kaumudi Sahastrabudhe won an prestigious award for "Best Animated Film with Social Relevance' at the FICCI- Frames 2007 on 27th March, 2007. Federation of Indian Chamber of Commerce and Industry (FICCI)- FRAMES is a big global convention in Asia on the business of entertainment. Nearly 2,000 media and entertainment professionals, including government officials and 425 business delegations from 21 countries, have participated in FICCI-Frames 2007 - billed as Asia's biggest convention on the business of media and entertainment. They have been organising Best Animated Frames (BAF) Award to honour the best animation efforts every year.

Retirement as on 30.04.2007

· Ms. Aruna Thosar Dixit, PPR Section

· Shri K. B. Tari, Elec. Engg. Deptt.

· Shri R. C. Shetty, Elec. Engg. Deptt.

· Shri S. V. Jadhav, Aerospace Engg. Deptt.

CEP Courses

Date	Course Name	Faculty	Department
April 09 - 13	Rational Methods for Microbial Strain Improvement	Prof. P. Wangikar	Chemical Engineering
April 04 - 10	Current Issues and Trends in Airports and ATM Systems	Prof. R.K. Pant	Arospace Engineering
April 14-15 and 21 - 22	Image Processing (CEP - CDEEP Course)	Prof. R. K. Shevgaonkar (Two weeks)	Elect. Engineering
April 16 - 19	Social Computing for Working Professionals	Prof. Ravi Poovaiah	IDC
April 16 - 18	Energy Technology	Prof. S.B. Kedare	Energy Systems Engineering
April 16 onwards (for 14 days)	Mathematics for Economics, Commerce and Management Students	Prof. I.K. Rana	Mathematics Department
April 18 -21	Workshop on Innovative Products Interaction Design for Working Professionals	Prof. Ravi Poovaiah	IDC
April 24 -28	Production Management	Prof. A. Subash Babu	CARE
April 27 -28	HVDC Converters and Control	Prof. A.M. Kulkarni	Electrical Engineering

Application categories and financial support

Teaching Assitantship (TA)

· Students who have valid GATE score will be considered for TA.

· Students getting the assistantship will be required to assist in teaching or research, as assigned by the department, to the extent of 8 hours per week.

· The continuation of the assistantship will be subject to satisfactory performance of the duties assigned by the Department/ Centre as well as satisfactory academic performance (maintain SPI/CPI of 6.00 at the end of each semester).

· The assistantship will be available for a maximum period of 24 months and students with TA have to complete M.Tech. porgramme in two years.

· Fellowships are also available from agencies as Aeronautics Research and Development Board (ARDB), Dept. of Science and Technology (DST), Council for Scientific and Industrial Research (CSIR), etc. Students getting TA will be permitted to switch over to projects if selected.

Research Assitantship (RA)

Depending upon the requirements, each department/centre may induct one Research Assistant every year.

Students who have valid GATE score will be considered for the Research Assistantship.
These Research Assistants have to look after the laboratories and also assist in teaching or research or other work assigned by the Head of the department.
They are required to work for about 20 hours a week. They have to complete the M.Tech. Programme in three years.

Project Staff (PS)

Project staff students will be required to assist as assigned by the principal investigator of the concerned project.

Candidate selected under this category should have either valid GATE score or 2 years of relevant work experience.
They are required to work for up to 10 hours a week.
The maximum duration of this M.Tech academic programme is 3 years.

Institute Staff

Permanent staff members having worked for more than 2 years at the Institute can join the M.Tech. Programme. The admission criteria is same as to the sponsored candidate

Self Finance

The Institute also admits a limited number of students under self financed category on the basis of their GATE percentile and performance in written test/interview. These students have to support themselves fully.

CANDIDATES APPLYING UNDER TA, SF, PS AND RA CATEGORIES MUST HAVE VALID GATE SCORE.

· Sponsored Category

With a view to encourage its own employees (Project and Institute staff) as well as persons working in Industries the Institute admits a limited number of sponsored candidates to the M.Tech. Programme. It is expected that such candidates, after successfully completing the programme are better equipped to work in organizations sponsoring them.

Sponsored candidates from recognized Academic Institutions, with valid GATE score and some professional experience, will be treated on par with other candidates having valid GATE score during selection.

Sponsored candidates with more than two years professional experience and without valid GATE score can also apply for admission. Their selection will be subject to satisfactory performance in a written test and an interview to be conducted by the Institute.

THE OBJECTIVES OF CEP:

· To assist working professionals in the industry in widening their knowledge base and in improving their skills.

· To assist the industry to be globally competitive and be at the cutting edge of technology by providing training and expertise in critical areas.

· To promote strong industry-institute interaction.

TYPES OF PROGRAMMES:

Continuing Education Programmes are being conducted all over the country and abroad.

OPEN Programmes (Short and Long Term)

Courses on topics of interest to the industry and research are conducted, inviting participation from industries and other organisations. Typically, such open programmes would be of 2 - 5 days duration and would be intensive in nature. Many of these courses would include hands on experience with various facilities existing at IIT Bombay with the newly developed appropriate software packages. These courses are conductd at IIT Bombay.

INHOUSE Programmes (Short and Long Term)

Courses are run exclusively for a specific company or organization. These can be at their site or at IIT Bombay campus. The course proposals may be made by specific industries and after initial interaction, the courses would be tailor-made and conducted to their requirement.

Certificate Courses (Long Term)

Intensive courses on selected topics viz. Information Technology, Computer Aided Design etc. are run, leading to a certificate on successful completion and evaluation.

PG Level Evening Programmes (Full Semester)

Professionals can register for post-graduate level courses conducted in the evening hours. Those fulfilling specified criteria for the credits acquired, can go on to get an M.Tech. Degree from IIT Bombay.

Distance Education Programmes (DEP)

The goal of DEP is to offer courses to a large number of participants across the country. Each course is offered through video broadcast lectures supported by course handbook. The broadcast is through satellite transmission to a large number of registered Remote Centres (RCs). Each RC projects the lectures on the screen, in a classroom for upto fifty participants guided by a local supervisor. Participants have the opportunity to ask questions during the lecture, which can be immediately answered by the distant instructor, as in a real classroom."

PRESS RELEASE:

IIT-Bombay and Intellectual Ventures Sign Memorandum of Understanding Enables global dissemination of knowledge generated by faculty and students

Bangalore, March 16, 2009 -Intellectual Ventures and the Indian Institute of Technology Bombay have announced the signing of a Memorandum of Understanding that is expected to result in the wider dissemination and practical utilization of inventions generated by IIT Bombay faculty, students, and staff. Intellectual Ventures will both license IITB inventions accepted under this program and work on a number of possible commercialization strategies for them. Intellectual Ventures will pay IITB fees for such licensing and will also bear the patenting costs associated with these inventions. This engagement between IITB and IV is expected to enhance the atmosphere for innovation at IITB and also encourage more innovators to address important technological problems.

This partnership is not exclusive and allows both IIT Bombay and Intellectual Ventures to engage with others for IP related matters.

Professor Devang Khakhar, Director, Indian Institute of Technology, Bombay, said “We are pleased to be in a collaboration with Intellectual Ventures, one of the largest invention investment companies worldwide. Given our team of leading professors and students, we hope to generate some ground-breaking inventions and see them commercialized on a global scale."

“This agreement demonstrates how Intellectual Ventures unique business model can enhance the creation, dissemination, and use of technological inventions coming out of premier institutes such as IIT Bombay. By accessing its global network of world leading companies, universities and research institutes, Intellectual Ventures can also help bring unique problems needing solutions to IIT Bombay. We take a long-term view of technology and are searching for solutions that will be useful five or even ten years in the future. Our goal is to find excellent collaborators to help us develop the best solutions for the global marketplace of the near future,” said Prof. Ashok Misra, Chairman Intellectual Ventures India.

As a company exclusively focused on building, buying, and partnering to generate invention, Intellectual Ventures believes that inventions are inherently valuable. By making invention investments and developing a variety of invention investment models, it is pursuing the goal of creating a more efficient and dynamic invention economy. By funding invention and collaborating with various institutes throughout India, Intellectual Ventures empowers the

country’s next generation of great minds, perhaps even discovering the next Vikram Sarabhai or CV Raman along the way.

In 2008, Intellectual Ventures expanded its presence into India in order to work on the development of new inventions directly with leading Indian inventors and top institutions across the country. With a global team of more than 400 and collaboration with over 500 inventors around the world, Intellectual Ventures files thousands of patent applications a year in more than 30 technology areas including nanotechnology, biomedical devices, software and consumer electronics. IV currently manages a portfolio of over 20,000 patents and patent applications and has returned over US$1 billion to its investors.

ABOUT IIT BOMBAY

IIT Bombay was established in 1958, and all IITs were declared as Institutes of national importance by an Act of Parliament in 1961. Today the Institute is recognised as one of the centres of academic excellence in the country. Over the years, there has been dynamic progress at IIT Bombay in both academic and research activities, including a parallel improvement in facilities and infrastructure to keep it on par with the best institutions in the world. Institutes in positions of excellence grow with time. The ideas and ideals on which such institutes are built evolve and change with the national aspirations, national perspectives and global trends. IIT Bombay, too, is one such institution. On an average, the institute admits over 600 candidates for the undergraduate and dual degree programme through Joint Entrance Exam (JEE), 100 candidates for M. Sc. programmes, 550 candidates for different postgraduate programmes and 200 for Ph.D. programmes, every year.

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 records 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.54.63
UK Pound	1	Rs.83.70
Euro	1	Rs.71.42

INFORMATION DETAILS

Information Gathered by :	SVA

Report Prepared by :	NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	8
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	8
--LEVERAGE	1~10	8
--RESERVES	1~10	7
--CREDIT LINES	1~10	8
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		68

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.