India Corner 

IRAN PIPELINE TO GO AHEAD

IIM-A GRADS OFFERED UP TO $300,000

Ignoring US’ objections, India has decided it will go ahead with the proposed gas pipeline project with Iran.
“Talks are going on. When I was in Iran, I had mentioned categorically that we are interested in the pipeline and negotiations on the pricing are going on,” External Affairs Minister Pranab Mukherjee told a TV channel.
His response came when asked to comment on US objections to the proposed Iran-Pakistan-India (IPI) gas pipeline.
US Energy Secretary Samuel Bodman, during a visit to New Delhi last week, had said Washington was opposed to India having the pipeline project with Iran as it was against his country’s law.
India has maintained that feasibility aspects like pricing and commercial viability will be the only factors guiding the trilateral project that is estimated to be of the tune of $7.4 billion.
Final student placements of the Indian Institute of Management (Ahmedabad) ended last month with the premier B-school witnessing a hike in domestic and international salaries, as well as growing preference for entrepreneurship. 
For the 235 students in the batch of 2007 eligible for placement a total of 86 firms had come to the IIM-A campus. The highest number of offers were given by Lehman Brother (17 offers-14 acceptances), Merrill Lynch (15 offers-14 acceptances) and McKnisey (13 offers-12 acceptances).
“The highest international acceptances ranged from $225,000 to $300,000 and the highest domestic acceptance ranged from Rs 60 lakh to Rs 1 crore,” an IIMA professor told reporters in Ahmedabad.