The name IIM always draws a lot of attention and respect in India.IIMs are undoubtedly one of the best B schools in India. They were about to make an impact in the outside world too. There was a chance of IIM Bangalore setting up a school in Singapore.
Now, the Govt of India stops IIM-B from opening a Singapore campus.Don't know the dynamics behind it but it would have been great to see IIM Singapore compete with NUS, NTU and INSEAD.!

SP Jain has a MBA program at Singapore, but it is yet to get noticed.