A list of 9 blacklisted companies was released by IIT Bombay. The Indian Institute of Technology Bombay barred these companies from recruiting its students. This is the first instance of an IIT making public such a list - as mandated by the All-IIT Placement Council (AIPC) last week.
This decisions was put forth as the companies revoked job offers given to its students.
The list of the blacklisted companies are:
- Portea Medical,
- Johnson Electric,China
- LeGarde Burnett Group
- Mera Hunar,
- Cashcare Technologies,
- Indus Insights
The reasons for blacklisting the above companies include the following:
- Revoking of offers in case of GPSK, Portea Medical, Peppertap and Cashcare Technologies
- Delay in joining dates as with Indus Insights and Lex Innova
- LeGarde Burnett Group not just revoked offers but the company was found to be fake with no proper office address
- Mera Hunar came with a different name and hired students for another startup.
Since decisions on blacklisting are taken by the All-IITs Placement Committee (AIPC), and usually adhered to by all IITs, it is likely that the blacklisting holds true at the other older IITs as well.
Infact, the combined list of blacklisted companies at the IITs is likely to far surpass 9. Blacklisted startups alone are expected to be over 20. "These 9 are companies that had created issues at IIT Bombay," said Shreyash Gupta, placement manager at IIT Bombay.
Interestingly, despite delaying offers, Flipkart does not feature among the list of blacklisted companies. After a face-off with the IITs, the ecommerce major had offered to arrange internships for affected students as a stopgap measure.