Where was I when this happened! This was something great that took place, and I was busy programming and too busy partying to bother with things happening in the Indian Blogging World.
You may have seen full page ads of a guy in a glasses sporting a ponytail, and a big heading which generally goes as "Management Guru", or author of the management book "Counting your chickens before they are hatched" which apparently landed in the Humor section of FabMart. For some reason when ever I passed by a magazine running this advertisement, I just wanted to tear it up, or light it on fire.
Some where in October 2005, a blogger named Gaurav Sabnis posted a blog pointing to a article on a local newspaper targeting college and high school students, about how a management university IIPM is nothing they claim they are. Generally you find them advertising things like "Top 5 b-schools" in India, and other things like WiFi Towers and Free Laptops.