Indian Institutes of Management (IIMs) across the country have decided to hike their fees. While IIM-Bangalore and IIM-Calcutta have decided to increase fees from Rs 1.50 lakh per year to Rs 1.75 lakh, IIM-Indore and IIM-Kozhikode will raise it from Rs 1.25 lakh per year to Rs 1.50 lakh.