The Indian Institute of Management, Ahmedabad (IIM-A) on Wednesday sent out resumes of 18 graduates to the mobile wallet company, Paytm, after e-commerce major Flipkart deferred their joining date by six months.
Paytm said it would evaluate the resumes and subsequently hold interviews over the next couple of weeks. "We have received mails from the placement cell of IIM-A and we will look at hiring theses graduates, but only after interviews," Amit Sinha, the Vice-President of Paytm, was quoted as saying by the Hindustan Times.
Paytm has already hired 50 graduates from different business schools such as XLRI (Jamshedpur), Indian School of Business (Hyderabad), Management Development Institute (Delhi) and SP Jain Institute of Management and Research (Mumbai), but is also considering the profiles of students whose joining dates have been deferred by Flipkart, Business Standard reported.
The IIM-A is miffed with Flipkart after it refused to honour its commitment of hiring the 18 graduates next month and instead deferred their joining dates by six months to December 2016.
"If a firm delays the date of joining, the students are free to look for alternatives. The placement committee does assist students in such situations on a case-by-case basis," a spokesperson for IIM-A was quoted as saying by Hindustan Times.
Flipkart said that it is not in position to hire the graduates before December 2016, Times of India reported. The company said its internal restructuring was at work and needed a few months more to best saddle its new, enthusiastic campus recruits. Flipkart also promised an additional bonus of Rs. 1.5 lakh to every new recruit as compensation.
According to reports, other major e-commerce firms such as Amazon, ShopClues and Voonik have also expressed their willingness to consider the resumes of students who have been affected by Flipkart's decision.