Dear Folks,
Spoke to Dr. Bhasak of the School of Management who was kind enough to answer my queries.
1) Shortlisting is not over yet - this is the vacation time for all teaching staff and hence it is going to be over by Jan 1st week only.
2) They're closely looking at the research area and research proposals.
3) Many guides are already occupied with 8 scholars and hence few students will only be considered. (This may be the reason I guess that they've not advertised for Ph.D. in Mgt for July'13 cycle)
4) Those selected for Interview can now expect the calls by mid-Jaunary 2013.
Best Regards
Sundar