IIPM can’t call itself a management institute, says Delhi High Court. The organization – it’s hardly an institute – has been making fools out of students for many years, putting full page ads and talking about MBAs from unknown sources in Belgium and so on. I used to spend a lot of time trying to debunk their claims a long time back, when they threatened bloggers and put silly cases in strange places on anyone who wrote honestly about them. Well, it’s payback time, and it’s going to get a lot worse.
Exotel, a startup, blames another startup for spreading rumours they’re shutting down. The founder of Exotel, which provides voice telephony solutions to customers, has sent a mail to its customers saying they’re not shutting down, and has posted emails by its competitor which it says spread the rumour that Exotel is on the verge of going belly up.