Due to the limited availability of seats in IIMs, aspiring management candidates have alternative entrance exams for admission to other reputable institutions.

Source: https://www.ndtv.com/education/explore-mba-entrance-exams-beyond-cat-2023-for-business-school-admission-4651176

IIMs will now release their shortlists for subsequent admission processes based on, among other things, the CAT 2023 scores.

Source: https://indianexpress.com/article/education/iim-cat-2023-result-live-updates-final-answer-key-scores-released-topper-interview-cutoff-iimcat-ac-in-9077172/

Maharashtra will become the first state to have two IIMs.

Source: https://indianexpress.com/article/cities/mumbai/mumbai-soon-iim-union-cabinet-approves-bill-upgrade-nitie-8841205/

The IIM Act was intended to offer autonomy to IIMs.

Source: https://www.financialexpress.com/education-2/were-now-among-top-2-business-schools-globally/3105324/