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CEOs tell Government to stay out of IIM's business

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Tags: autonomousbangalore-buzz-bangaloreIIM-AhmedabadIIMs AutonomyIimsAutonomyKiran KarnikKiranKarnikLarsen ToubroLarsenToubroMphasiSPhaneesh MurthyPhaneeshMurthyRenuka SugarsRenukaSugars

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A battery of powerful CEOs, many of whose careers were birthed at IIM-Ahmedabad, are rallying in protest against a government proposal seeking greater control over the 13 IIMs in the country. "Any move to control IIM-A, now run autonomously, will bring down the standard of the institution as well as dilute a global brand," said AM Naik, executive chairman of engineering giant Larsen & Toubro, and also the chairman of IIM-Ahmedabad. "It will be like driving in reverse gear." "It ain't broke. ...

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