An examinations scam has rattled the top institutes of management
India's reputation for creating top-grade professionals in its business schools may be at risk with the uncovering of a nationwide scam involving admission examinations.
Tests being held in 26 cities were cancelled this week after it was revealed that the question paper had been leaked to candidates.
The mastermind is said to be Ranjit Singh. After his arrest in New Delhi, police said he could not tell his interrogators what the acronym for the graduate medical degree, MBBS, stood for - despite the fact he claimed to be a doctor with his own pharmaceutical company.
Born into a poor family in a village in the central Indian state of Bihar, Singh made his millions by setting up an organisation that specialised in leaking question papers for all types of professional examinations, from medicine to banking.
He is reported to have amassed more than two billion rupees (HK$339 million) by selling examination papers to candidates.
'Thanks to him, the country has produced thousands of fake doctors, engineers, MBAs and bankers,' the Times of India said.