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Report Date : |
09.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
INDIAN INSTITUTE OF TECHNOLOGY |
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Registered
Office : |
G.T. Road, Kalyanpur, Kanpur – 208 016, Uttar Pradesh |
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Country : |
India |
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Year of
Establishment : |
1960 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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Legal Form : |
Autonomous Public Engineering and Management Institute |
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Line of Business
: |
Subject is engaged into imparting engineering and
scientific educational training. |
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No. of Employees
: |
Information declined by the Management. |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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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 |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is one of the old and premier institutions set up by the Government
of India. It is a well-established education and research institute having
fine track record. Management remained non-cooperative in order to provide any
information about the subject to us. The institute is indulged into providing meaningful education, to
conduct original research of the highest standard and to provide leadership
in technological innovation for the industrial growth of the country. Trade relations are trustworthy. Institute is very much active.
Payment terms are reported as slow but correct, due to bureaucratic hurdles. In view of prevailing reputation, the subject can be considered for
business dealings at usual trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
US investment bank
Goldman Sachs has upgraded its outlook on Indian markets as it expects
positive impact of the election cycle.
India’s economy may
grow 4.7 % in the current financial year, lower than the official estimate of
4.9 %, Fitch Rating said. The global rating agency expects the economy to pick
up in the next two financial years.
Global ratings
agency Standard & Poor said increasing focus by India Inc on lowering debt
is likely to improve their credit profiles.
Singapore (1.1
million Indian tourists in 2012), Thailand (one million), the United Arab
Emirates ().98 million) and Malaysia ().82 million) emerged as the preferred
holidays hotspots for Indians. The total figure is expected to increase to 1.93
million by 2017, according to the latest Eurmonitor international report.
There is a $29.34 bn
outward foreign direct investment by domestic companies between April and
January of 2013/14 which has seen some signs of recovery according to a Care
Ratings report.
There are 264 number
of new companies being set up every day on average during 2014. Most of them
are registered in Mumbai. India had 1.38 million registered companies at the
end of January, 2014.
Twitter like
messaging service Weibo Corporation has filed to raise $ 500 million via a US
initial public offering. Alibaba, which owns a stake in Weibo is expected to
raise about $ 15 billion New York this year in the highest profile Internet IPO
since Facebook’s in 2012.
Bharti Airtel has
raised Rs.2,453.2 crore (350 million Swiss Francs) by selling six-year bonds at
a coupon rate of three per cent and maturing in 2020. This is the largest ever
bond offering by an Indian company in Swiss Francs. Bharat Petroleum
Corporation raised 175 million Swiss Francs by selling five year bonds at 2.98
% coupon rate in February.
Indian Oil
Corporation plans to invest Rs 7650 crore in setting up a petrochemical complex
at its almost complete Paradip refinery in Odhisha in three to four years. The
company board is set to consider the setting up of a 700000 tonne per annum
polypropylene plant at an estimated cost at Rs.3150 crore.
Global chief
information officers at gathering in Bangalore in April to meet Indian startups
at an event called Tech50 Watchout for Little Eye Labs-Facebook type deals in
the making.
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
Management non-cooperative
(Tel. No.: 91-512-2597889)
LOCATIONS
|
Registered Office : |
G.T. Road, Kalyanpur, Kanpur – 208 016, Uttar Pradesh, India |
|
Tel. No.: |
91-512-259 0151/ 2592889 |
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Fax No.: |
91-512-2590260 |
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E-Mail : |
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Website : |
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Other Contact Details : |
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Entrance
Examination |
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Undergraduate
Admission |
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Joint
Entrance Examination (JEE) |
Email: jee@iitk.ac.in Phone: 91-512-2597335 |
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Graduate
Admission |
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Chairman |
Email: chrgate@iitk.ac.in Phone: 91-512-2597470, 7412, 7304 |
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Vice
Chairman |
Email: vchrgate@iitk.ac.in Phone: 91-512-2597470 |
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CAT |
Email: ssmishra@iitk.ac.in Phone: 91-512-2596649 |
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Admission to
Integrated M.Sc./B.Tech/B.Tech Dual Degree/M.Tech/Ph.D, information pertaining
to Transcripts and Educational Placement Verification |
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Dean of Academic Affairs |
Email: doaa@iitk.ac.in Phone: 91-512-2597199 |
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Assistant
Registrar/Officer Incharge |
Email: aracad@iitk.ac.in Phone: 91-512-2597669 |
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Students |
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Dean of Student's Affairs |
Email: dosa@iitk.ac.in Phone: 91-512-2597203 |
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Assistant Registrar/Officer
Incharge |
Email: ardosa@iitk.ac.in Phone: 91-512-2596802/7249 |
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Faculty/Faculty Position |
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|
Dean of Faculty Affairs |
Email: dofa@iitk.ac.in Phone: 91-512-2597414 |
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Assistant
Registrar/Officer Incharge |
Email: ardofa@iitk.ac.in Phone: 91-512-2596192 |
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Information on Research and Development |
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|
Dean of Research and Development |
Email: dord@iitk.ac.in Phone: 91-512-2597578 |
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Deputy Registrar
/Officer Incharge |
Email: shakeel@iitk.ac.in Phone: 91-512-2597385 |
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International Relations and Alumni |
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Dean of Resources and Alumni |
Email: dora@iitk.ac.in Phone: 91-512-2597834/7635 |
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Assistant
Registrar/Officer Incharge |
Email: arra@iitk.ac.in Phone: 91-512-2597289 |
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Campus Security |
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Security Officer/Advisor |
Email: security@iitk.ac.in Phone: 91-512-2597999/7994 |
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Administrative Matters |
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Registrar |
Email: registrar@iitk.ac.in Phone: 91-512-2597808, 7290 |
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Administrative Officer (Administration) |
Email: kga@iitk.ac.in Phone: 91-512-2597620 |
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Assistant Registrar/Officer Incharge (Internal Audit) |
Email: arra@iitk.ac.in Phone: 91-512-2597389 |
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Assistant Registrar/Officer Incharge (Legal Cell) |
Email: arcoord@iitk.ac.in Phone: 91-512-2597290, 7728 |
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Deputy Registrar /Officer Incharge (Stores and Purchase
Section) |
Email: sharif@iitk.ac.in Phone: 91-512-2597384 |
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Superintendent (Human Resource and Administration) |
Email: manojkmr@iitk.ac.in Phone: 91-512-2597738 |
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Superintendent (Estate Office) |
Email: rrdohare@iitk.ac.in Phone: 91-512-2597166 |
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Financial Matters |
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Finance Officer |
Email: fo@iitk.ac.in Phone: 91-512-2597950 |
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Senior Deputy Registrar (Finance and Accounts) |
Email: akmisra@iitk.ac.in Phone: 91-512-2597382 |
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Assistant Registrar (Finance and Accounts) |
Email: sujay@iitk.ac.in Phone: 91-512-2597786 |
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Directorate |
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|
Directorate |
Email: doiitk@iitk.ac.in Phone: 91-512-2597258,7283/7333 |
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Deputy Director
Office |
Email: deputy@iitk.ac.in Phone: 91-512-2597760 |
MANAGEMENT
|
|
BOARD OF GOVERNORS |
|
Name : |
Professor M. Anandakrishnan |
|
Designation : |
Chairman, Board of Governors, Indian Institute of
Technology Kanpur |
|
Address : |
8/15, Madan Apartments, Kasturibai
Nagar, Adyar, Chennai – 600 020 Tamilnadu, India |
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|
Name : |
Professor Indranil Manna |
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Designation : |
Director (Ex-Officio) Member |
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Council Nominees
(Members) |
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|
Name : |
Shri Harsh Manglik |
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Designation : |
Former Senior Advisor and
Former Chairman and Geography Managing Director, Accenture |
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Address : |
227, Defence Colony, Indiranagar
Phase-II, Marvel Viento, Apt. 201
(2nd Main/6th Cross), Bangalore - 560038, Karnataka, India |
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|
Name : |
Shri Irshad Mirza |
|
Designation : |
Chairman, Mirza
International Limited |
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Address : |
H. No.7/21, Parvati
Bangla Road,
Kanpur – 208 001, Uttar Pradesh,
India |
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|
Name : |
Dr. Arup Kumar Raychaudhuri |
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Designation : |
Director and Senior
Professor S N Bose National Centre for Basic Sciences |
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Address : |
JD Block, Sector III,
Salt Lake City, Kolkata – 700
098, West Bengal, India |
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|
Name : |
Professor E.D. Jemmis |
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Designation : |
Department of Inorganic
and Physical Chemistry Indian Institute of Science, Bangalore |
|
Address : |
Bangalore – 560 012, Karntaka, India |
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Uttar Pradesh Government Nominee |
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|
Name : |
Professor Onkar Singh |
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Designation : |
Vice Chancellor - Madan Mohan Malaviya University of
Technology |
|
Address : |
Deoria Road, Gorakhpur – 273 010, Uttar Pradesh, India |
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Senate Nominees (Members) |
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|
Name : |
Professor Deepak Gupta |
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Designation : |
Department of Materials
Science and Engineering Indian Institute of Technology Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor Achla M. Raina |
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Designation : |
Department of Humanities
and Social Sciences Indian Institute of Technology Kanpur |
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Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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Special Invitees |
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|
Name : |
Professor S.C. Srivastava |
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Designation : |
Deputy Director Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor Manindra Agrawal |
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Designation : |
Dean of Faculty Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor Dheeraj Sanghi |
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Designation : |
Dean of Academic Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor A K Ghosh |
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Designation : |
Dean of Student Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor Amalendu Chandra |
|
Designation : |
Dean of Research and Development Indian
Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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|
Name : |
Professor Prabhat Munshi |
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Designation : |
Dean of Resources and
Alumni Indian Institute of
Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
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KEY ADMINISTRATORS |
|
Name : |
Professor Indranil Manna |
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Designation : |
Director |
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|
Name : |
Professor
Suresh Chandra Srivastava |
|
Designation : |
Deputy Director |
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Deans |
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|
Name : |
Professor
Manindra Agarwal |
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Designation : |
Faculty Affairs |
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|
Name : |
Professor
Amalendu Chandra |
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Designation : |
Research and Development |
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Name : |
Professor
Prabhat Munshi |
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Designation : |
Dean of Resources and Alumni |
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|
Name : |
Professor
Dheeraj Sanghi |
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Designation : |
Academic Affairs |
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Name : |
Professor
A K Ghosh |
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Designation : |
Students' Affairs |
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Heads of Departments |
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Engineering |
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|
Name : |
Professor
Sanjay Mittal |
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Designation : |
Aerospace Engineering |
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Name : |
Professor
S Ganesh |
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Designation : |
Biological Sciences and Bioengineering |
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Name : |
Professor
Nishith Verma |
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Designation : |
Chemical Engineering |
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|
Name : |
Professor Vinay
K. Gupta |
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Designation : |
Civil Engineering |
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|
Name : |
Professor
Sumit Ganguly |
|
Designation : |
Computer Science and Engineering |
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|
Name : |
Professor S. P Das |
|
Designation : |
Electrical Engineering |
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|
Name : |
Professor Rahul
Varman |
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Designation : |
Industrial and Management Engineering |
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Science |
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|
Name : |
Professor Parimal K.
Bharadwaj |
|
Designation : |
Chemistry |
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|
Name : |
Professor
Debasis Kundu |
|
Designation : |
Mathematics and Statistics |
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|
Name : |
Professor Avinash Singh - |
|
Designation : |
Physics |
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Humanities |
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|
Name : |
Professor
Munmun Jha |
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Designation : |
Humanities and Social Sciences |
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Inter-Disciplinary
Programmes : |
|
|
Name : |
Professor Vinay K. Gupta |
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Designation : |
Environmental Engineering and
Management |
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|
Name : |
Professor P.K. Panigrahi |
|
Designation : |
Laser Technology |
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|
Name : |
Professor Satyaki Roy |
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Designation : |
Masters of Design |
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|
Name : |
Professor Kamal K Kar |
|
Designation : |
Materials Science Programme |
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|
Name : |
Professor Prakash M. Dixit |
|
Designation : |
Nuclear Engineering and
Technology |
|
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|
|
Name : |
Dr. Rakesh
Kumar Sachan |
|
Designation : |
Acting
Registrar |
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|
|
|
Name : |
Munish Malik |
|
Designation : |
Finance Officer |
KEY EXECUTIVES
|
Name : |
Dr. Rakesh Kumar Sacha |
|
Designation : |
Secretary |
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 |
No |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if applicable |
No |
|
29] |
Last accounts filed at ROC |
No |
|
30] |
Major Shareholders, if available |
No |
|
31] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth 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 |
WEBSITE DETAILS:
PROFILE:
The institute was
established in the year 1960. The Parliament of India passed the ‘Institutes of
Technology Act 1961’ declaring all the IITs as “Institutions of National
Importance”. The Parliamentary Act has given absolute autonomy to the IITs.
When the foundation stone of the IIT system was laid, it was perceived that
taking help from the industrially advanced western countries might be lot more
effective in achieving the status of a world class technical institute. Hence,
IIT Kanpur had a massive collaboration with USA through a specially created
programme- KIAP (Kanpur Indo American Programme). It is said to be the largest
ever academic assistance programme supported by U.S.A. Such close interaction
brought fresh air, new ideas and novel thoughts into the academic programmes
and academic administration. IIT Kanpur substituted the traditional annual
system with semester system and also introduced the letter grade system instead
of marks for evaluating the students for the first time in the country. IIT
Kanpur may also take pride in introducing the concepts of term papers,
unannounced quizzes etc.
The IIT Kanpur is a
prestigious institute of higher learning producing meritorious students with excellent
career growth and universal recognition. The students get the best of
opportunities in the form of highly advanced courses, eminent faculty members,
well-equipped laboratories, library, hostels and immense facilities to excel in
research and development. The selection procedure for students at
undergraduate, postgraduate and research level is highly stringent so that IIT
gets the best brains of India. Highly scientific and innovative technology is
used for teaching and carrying out research activities. Every year IIT Kanpur
is enriched by the laurels brought by the faculty members and the students in
the form of research publications, projects, fellowships and industrial
exposure.
At the Bachelor’s level,
they have B. Tech. Programs in Aerospace, Biological Science and
Bioengineering, Chemical, Civil, Computer Science, Electrical, Metallurgy and
Mechanical Engineering. They also have integrated M.Sc. programs in Physics,
Chemistry, Mathematics and Statistics. From July 2005, they have started an integrated
M.Sc. program in Economics. The students for these programs are selected
through JEE and usually they are the top students from various places in the
country. There are programs for M. Sc. (2 years) in Physics, Chemistry,
Mathematics and Statistics, where the students with B.Sc. (Hons.) background
are chosen through an all-India examination known as JAM. They have M.Tech.
Programs in all the Engineering Branches, mentioned above. In addition, there
are M. Tech. Programs in the interdisciplinary areas, such as, Nuclear
Engineering, Biological Sciences and Bioengineering, Laser Technology,
Environmental Engineering, Materials Science, and Industrial and Management
Engineering. The M. Tech. Students are chosen through an all-India examination,
known as GATE. They have also adopted a dual degree (B.Tech.-M. Tech.) program.
In this program, the students admitted through JEE, are expected to complete
the M. Tech. Program in five years. At the end of five years, the student is
awarded both B.Tech. and M.Tech. Degrees. Entrance to MBA and M.Des is given
through JMET and CEED respectively. They have indeed a vibrant PhD program in
all the above academic areas as well as in Humanities and Social Sciences. The
Department of Physics offers a M.Sc.- Ph.D. dual degree program, which allows
their M.Sc. students to continue for a Ph.D. The M. Tech. and Ph.D. students
receive research/ teaching assistantships.
IIT Kanpur has demonstrated
its excellence in research in many areas. IIT Kanpur has a vibrant university
atmosphere with a combination of strong academic and research activities. Both
compliment each other and the students at all levels under the able guidance of
the faculty members maintain this brilliant combination and help the Institute
to reach the zenith of knowledge and innovation. To cite a few areas: Finite
Element Methods Using Domain Decomposition, Flow Induced Vibrations, Wind
Tunnel Testing of Large Scale Prototypes, Computational Chemistry,
Nano-materials and Nano-technology, Geometric Optimization of Large Organic
Systems, Genomics and Bio- Informatics, Electronic Structure Calculations,
Aggregation and Etching, Molecular Dynamics, Thin Film Dynamics, Optical / EM
Field Calculations, Computational Fluid Dynamics and Heat Transfer, Computer
Aided Design and Rapid Prototyping, Tomography, Robotics, Multi-Body Dynamics,
Geo-seismic Prospecting, Stress Analysis and Composite Materials, Vibration and
Control, Semiconductor Physics, Photonics, Neural Networks and Genetic
Algorithms, Earthquake Engineering, Impurities in Anti-Ferro Magnet, Raman
Scattering, Particle Physics, Spin Fluctuation in Quantum Magnets and so on.
The most recent initiative of IIT Kanpur has been the Formation of a Strong
Research Group in the areas of Nanoscience and Nanotechnology.
Understanding basic science
and having a strong grip on fundamentals is essential for the future engineers.
Science-based courses are included in the curricula during the first two years
of training so that the engineers follow a correct track in their innovative
endeavor. Theodore von Karmann once stated: The Scientists explore what is and
engineers create what has never been. In IIT Kanpur, Science Electives have
been introduced in order to enhance the science content in engineering. The
following Science Electives are worth mentioning: Quantum Physics, Modern
Theories of Material Design, Non-Linear Systems, Order and Chaos, Molecular
Modeling, Bio-Inorganic Chemistry, Lasers in Chemistry and Biology, Digital
Image Processing, Fourier Analysis, Numerical Linear Algebra, Photons,
Molecules and Chemical Dynamics, Magnetic Resonance in Chemistry and Biology,
Bio-informatics and Computational Biology are to name a few.
IIT Kanpur has developed a
close association with the Indian Railways. A new project namely SIMRAN has
been rolled out for tracking of trains and providing two directional data
connectivity between a stationary server and a moving train. This project has
turned out to be a great success. The Research Summit called REACH Symposium
was conducted at Shimla during March 2007 and is expected to be of great
importance of their Institute for bringing out new initiatives in academic and
non-academic environments. National Wind Tunnel Facility (NWTF) was established
as a landmark research and development activity at IIT Kanpur. Establishment of
Samtel Center for Display Technology is indeed a shining example of development
of a research programme of high quality. The National Program on Earthquake
Engineering Education (NICEE) is a resource center for many aspects of
earthquake engineering. A system of material processing using focused beam
(FIB) has been established.
The Institute is expanding
and various infrastructural developments have taken place in the recent past.
The Outreach '69 and '80 has come up which houses offices of Alumni Association
and Students’ Placement activities. It also has a centrally air-conditioned
multipurpose auditorium with the seating capacity of 218. The Institute is
setting up a centre of Environmental Sciences and Engineering utilizing the
MPLADS funds given by Shri Arun Shourie. The construction of a separate
building is under advance stage, which will house laboratories, seminar and
discussion rooms for various disciplines of the Environmental Sciences and
Engineering. Many developments have already taken place and many are lined up
for the future years. P. K. Kelkar Library is housed, with all modern
amenities, in a magnificent three-storied, separate building covering an area
of 5730 sq. m. The library has been rendering essential support to the
academic, research and developmental programmes of the Institute. It remains
open on 358 days of the year, from 8 a.m. to 12 midnight on all working days; 9
a.m. to 12 midnight on Saturday; 9 a.m. to 5.30 p.m. on Sundays and Gazetted
holidays, and for 24 hours during the three examinations each semester.
The initiative to conceive
a grand design for technical education in India and implement the concept true
to its spirit, in the form of IITs is one of the greatest hallmarks of visionary
development in independent India. IIT Kanpur has been ranked as the No.1
Engineering Institute of the country in the June 2007 edition of India Today.
The entire system is ranked third among the top Engineering educational systems
at the international level. IIT Kanpur cherishes to maintain its leadership
role not only at the national but also at the international level.
NEWS:
IIT-KANPUR UNVEILS NEW SUPERCOMPUTER
June 4, 2014
Kanpur: One of
India's top educational institutes, the Indian Institute Of Technology at
Kanpur (IIT-K) has unveiled a new supercomputer on Tuesday.
It is the second
supercomputer that has been developed by the prestigious institute. The
computer has been ranked fifth in the country in terms of performance and 130th
in the list of world top 500 supercomputers.
The machine was assembled by a team of engineers at the IIT-Kanpur, headed by
institute's deputy director SC Srivastava and unveiled by him along with Ashish
Dutta, head of the Computer Centre.
According to
Srivastava, the machine operate at a peak performance of 307.2 Terra Flops (TF)
and a realised performance of about 249 TF.
They said the new
machine would be used for regular education, research and training purposes.
Ashish Dutta says “Supercomputers
are used in many areas of science and engineering research. The general area of
research that uses supercomputers is called High Performance Computing (HPC).
HPC can simulate nuclear explosions, evolution of galaxies, effects of
pacemaker redesign, genetics and genetic related diseases, medical drug
discovery, aircraft light, aerodynamics, etc.”
The machine has been
launched after extensive research by a seasoned team and the engineers behind
the project felt that this is one of the best supercomputers.
The project cost
Rs.480.000 millions to the institute.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No 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.59.20 |
|
|
1 |
Rs.99.52 |
|
Euro |
1 |
Rs.80.83 |
INFORMATION DETAILS
|
Information Gathered
by : |
NYA |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SMN |
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 |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.