The Indian Institute of Technology-Bombay has blacklisted 31 companies and banned them from campus recruitments this year after a flurry of complaints against the firms.
Five of these firms — GPSK, Johnson Electric, China, Portea Medical, Cashcare Technologies and PepperTap – were blacklisted for revoking job offers made to students.
The LeGarde Burnett Group was banned for revoking and offer and having a fake office address.
Another company named Mera Hunar was barred from campus recruitments as it came with a different name and hired students for another startup.
IndusInsight was blacklisted for delaying the joining dates of candidates. The IIT administration issued a notice to announce the unprecedented move.
The past few months saw several startups delaying job offers made during campus placements. Several top firms – including ecommerce giant Flipkart — pushed back the joining dates of new recruits from several top institutes by at least six months.
In June this year, the IIT Council decided to blacklist companies that deferred placements, revoked offers or reduced salary packages initially offered to students at the campus placements. But the Council didn’t divulge the names of the companies it was planning to blacklist at that point of time.
The IIT-Bombay decision follows months of speculation that a slowdown in the start-up sector was hurting placements in India’s top schools. At present, start-ups account for almost a third of campus job offers across IITs and IIMs.
Companies that wish to participate in IIT campus placements after the one-year ban will first have to write to the AIPC convener and explain why they did not stand by their offers. Following this step, they will be asked to give a presentation and have a “one-to-one discussion” with all members of the committee, according to Mohanty, who is a professor at IIT-Guwahati.
The following are the blacklisted companies:
- Zomato (whose ban was extended by a year)
- Portea Medical
- LexInnova Technologies
- Tenova India Pvt Ltd
- Verity Knowledge Solutions
- CashCare Technology
- Crayon Data India Pvt Ltd
- LeGarde Burnett Group
- Johnson Electric (Japan)
- Mera Hunar
- Tescra Software Pvt Ltd (Rockon)
- Fundamental Education
- Excellence Tech
- Indus Insights
- SmartTrak Solar Systems Pvt Ltd
- Glow Homes Technologies Pvt Ltd