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Detailed stories on technology startups, business and economic current affairs.
The Reliance Foundation-backed institute seems to have inflated faculty strength to get the AICTE’s approval when, in fact, it has just four regular teachers and two of its three courses have none.

Jio Institute has hit a major roadblock in its pursuit to become a multidisciplinary higher education institute with excellence in academics, research and innovation. Earlier this week, its provost, G. Ravichandran, quit before his term could end.
“He would be moving to Caltech after the month,” says a person in the know, requesting anonymity. “It was a natural response to everything that is going on, or the lack thereof, at the institute.”
One of the most distinguished names in engineering and applied sciences, Ravichandran, 64, has had an illustrious career. Before returning to India, he served as the Otis Booth …
While the Rs 9,000 crore promoter investment in Q1 brings a measure of reassurance, investors will still have to wait for Jio and retail to work through their challenges.
The edtech company is at the heart of the foreign campus experiment. But questions around demand, faculty and outcomes suggest a tough road ahead.
Reliance Consumer Products is relying on aggressive pricing in the hope that its staples brand will become a household name. But such tactics can go only so far.