GMAT 720 was asked to retake

Well, yes that's the truth.

We (Indian/IT/male category) do belong to a very competitive pool, both in quality and in quantity, of people applying to US B-Schools every year. Those guys must be sick and tired of us, or they are afraid of us. Some time ago, we used to hear that anything above 700 is a decent score. But that's not the story anymore. If you are an Indian and applying for an MBA to a US B-School, most likely you would belong to IT industry. And if that is the case, the requirement rises and 720 also is no longer competitive. Well, these two are true stories. Go through them. I'm planning to retake my GMAT now. ;)

http://thenontechtechie.blogspot.com/2006_07_01_archive.html
http://jatwarrior.blogspot.com/2006_06_01_jatwarrior_archive.html