Education Archives - Page 3 of 4

ANRF will connect all STEM areas: UoH VC B J Rao

Anusandhan National Research Foundation (ANRF) Act, 2023, is a very significant departure from the previous models of Research & Technology implementation schemes in the country and its vision is guided largely by the philosophy of National Education Policy (NEP), according to B J Rao, Vice Chancellor, University of Hyderabad (UoH). For the first time in…

Ashok Leyland aims to touch one million students by 2030 with ‘Road to School’ project

Ashok Leyland’s Road to School (RTS) programme has won businessline’s Changemaker award in the Chairperson’s Award category, which has been introduced this year. The firm’s initiative was first conceived to address poor learning outcome in government primary schools in the remote districts of Tamil Nadu. Starting with 36 schools in Krishnagiri district, the RTS programme…

At Design for Change, we let children find creative solutions: Kiran Bir Sethi

An alumni of the prestigious National Institute of Design (NID) and founder of Riverside School in Ahmedabad, Kiran Bir Sethi launched the ‘Design of Change’ movement in 2009 aimed at making children the future change makers of the world. Design for Change goes beyond teaching and encourages students to solve everyday problems they encounter as…

Lam Research joins hands with 20 Indian universities to foster semiconductor talent

Lam Research Corp has announced that 20 Indian universities will avail the Semiverse Solutions virtual innovation infrastructure to train and develop future engineers for the semiconductor industry. The announcement was made at the SEMICON India conference at Noida. In 2023, Lam announced its aim to upskill up to 60,000 engineers over the next 10 years…

Hyderabad gets its own Handloom Technology Institute

Aspirants who were earlier going to neighbouring States like Odisha and Andhra Pradesh can now study handloom technology locally. Telangana, Chief Minister, A Revanth Reddy inaugurated the Indian Institute of Handloom Technology (IIHT) here on Monday. The Institute will provide advanced training and education in handloom techniques. The State Government has decided to name the…

Byju’s auditor BDO resigns amid financial and governance concerns

Embattled edtech startup Byju’s has informed the company’s board that MSKA & Associates (BDO) has resigned as a statutory auditor with immediate effect. BDO resigned amid concerns over ‘financial’ and ‘governance’ issues. The exit comes more than a year after Deloitte, the edtech company’s previous auditor, stepped down, citing problems with financial reporting. Byju’s board had…

EKI Energy launches EKI Academy to advance sustainability education

EKI Energy Services Limited (EKI) has announced the launch of its new educational initiative, EKI Academy, aimed at providing specialised training in environmental services. The academy seeks to meet the growing demand for expertise in areas such as greenhouse gas (GHG) accounting, carbon offset development, and sustainability practices. The shares of EKI Energy Services Limited…

IIT Roorkee, Jaro Education join hands for Data Science and AI course

IIT Roorkee, in collaboration with Jaro Education, an online education institute, will launch a Post Graduate Certificate Programme in Applied Data Science and Artificial Intelligence. The executive programme, offered by the Continuing Education Centre at IIT Roorkee, aims to equip professionals with the essential skills and knowledge required to excel in the fields of data…

University of Hyderabad faculty members awarded with Har Gobind Khorana Fellowship

M Shyam Lal, Associate Professor, Department of Animal Biology and Manjari Kiran, Assistant Professor, Department of Systems and Computational Biology, School of Life Sciences, University of Hyderabad (UoH), have been awarded the prestigious Har Gobind Khorana Innovative Young Biotechnologist Fellowship (IYBF) for the year 2023-24 by the Department of Biotechnology (DBT), Ministry of Science and Technology,…

University of Southampton to open Gurgaon campus by July 2025

The UK’s University of Southampton has been granted a licence by the Indian government to establish a comprehensive campus. The branch campus in Gurgaon will start academic programs in July 2025. According to M Jagadesh Kumar, Chairman, UGC, the courses will cover business and management, computing, law, engineering, art and design, biosciences and life sciences.…

Top IT leaders to establish ISB-like institute for deep tech and entrepreneurship in Sri City

A few top IT leaders are teaming up to set up an ISB-like institute for entrepreneurship and deep technology skills in Sri City, Andhra Pradesh, bordering Tamil Nadu, with the aim of providing a holistic approach to building startups. “Those with good startup ideas are not able to find the right people with different skills.…

Centre allows UPSC to perform Aadhaar-based authentication for candidates’ verifications

In a first, the Centre on Wednesday allowed the Union Public Service Commission (UPSC) to perform Aadhaar-based authentication to verify candidates’ identity on a voluntary basis, both at the time of registration and during various stages of examinations and recruitment. The move assumes significance as the commission last month cancelled the provisional candidature of probationary…

ISB, Chanakya National Law University team up to offer social, emotional learning skills

ISB Online and Chanakya National Law University (CNLU) have entered into a partnership for rolling out a credit-based programme on social and emotional learning (SEL). The programme, created by ISB Online, will integrate advanced interpersonal and intrapersonal skills into CNLU’s legal education curriculum. An ISB statement said the collaboration aims to elevate academic offerings and…

NCERT report proposes inclusion of class 9-11 marks in class 12 board results

The National Council of Educational Research and Training (NCERT) has suggested a new evaluation model, proposing that students’ performance in Classes 9, 10, and 11 should contribute to their Class 12 board results. The suggestions were made in the report titled ‘Establishing Equivalence across Education Boards’ (released in the month of July). The report suggested…

Expert Group launches AI-powered e-learning platform

The Mangaluru-based Expert Group of Institutions has launched an AI-powered learning platform ‘Expert e-learn’. Speaking at the launch in Mangaluru on Saturday, Ankush N Nayak, Director (Information Technology), Expert Group of Institutions, said ‘Expert e-learn’ is designed to enhance the learning experience for PU (pre-university) science students. It is currently available to students enrolled in…

Ex-DRDO Chairman Satheesh Reddy joins BITS Pilani

G Satheesh Reddy, former Chairperson of the Defence Research and Development Organisation (DRDO) has joined Birla Institute of Technology and Science (BITS) Pilani as a Distinguished Senior Faculty to support its Research and Innovation efforts primarily in the domain of national security. “In his new role, Reddy will be at the forefront of research and…

TAPMI inducts second batch of Integrated Management Programme

The Manipal-based TA Pai Management Institute (TAPMI) conducted the induction programme for the second batch of the Integrated Management Programme (2024-29 batch) in Manipal on Wednesday. Speaking on the occasion, Vasanth Kamath, Admissions Chair, TAPMI, presented the batch profile to the gathering. He said the batch comprises 66 students with an almost equal gender distribution:…

Sathyabama Institute of Science and Technology holds 33rd convocation; 3,508 undergraduate students, 644 postgraduate students, and 122 Ph.D. scholars receive degrees

The 33rd convocation of Sathyabama Institute of Science and Technology was held on August 18, 2024. The Chief Guest at the ceremony was Ashwin Raja, Co-Founder and Chief Technology Officer of Motorq. A total of 3,508 undergraduate students, 644 postgraduate students, and 122 Ph.D. scholars received their degrees during the convocation. Besides, 45 exceptional students…

IIT-Madras incubated Yotuh Energy raises ₹1.53-crore funding

IIT-Madras-incubated Yotuh Energy, a clean tech start-up specialising in electrifying vehicle refrigeration systems for mid-mile and last-mile cold chain logistics, has raised ₹1.53 crore in a funding round led by Campus Angels Network. Yotuh Energy was founded in 2022 by IIT Delhi alumni Vivek Mahindrakar, Shaivee Malik, and Dharmik Bapodara, and has received grants and…

Veranda Learning Solutions enters the Middle East

Veranda Learning Solutions, the Chennai-based solution provider in the education space, has forayed into the Middle East through its brand, JK Shah Classes. The company is partnering with Jumeira University Connect, the training arm of Jumeira University, to introduce a Chartered Accountancy (CA) preparation course for students in the UAE. Also read: Veranda Learning Solutions…

Vision for Viksit Bharat: State-level investment competition, fresh blood in politics

Prime Minister Narendra Modi on Thursday presented a 14-point agenda as part of a ‘Vision for India’s Future’. This includes competition among states for investment and green jobs. He also said that per capita income has doubled in India during his tenure. Delivering his 11th successive Independence Day address to the nation from the ramparts…

Canara Bank disburses ₹18 crore in scholarships to advance educational opportunities

Public-sector Canara Bank on Thursday, organised scholarship distribution camps across the country. The initiative involved 177 Regional Offices and 26 Circle Offices and was carried out in all 7,457 branches of the bank. This year, the bank has disbursed scholarships amounting to ₹18 crore benefitting 44,742 students. Also read: Canara Bank raises MCLR by 5bps …

75k new medical seats to be created in next five years, says PM Modi

Prime Minister Narendra Modi on Thursday announced that 75,000 more medical seats will be created in next 5 years. This will help to achieve not just developed nation but also a healthy nation by 2047. Also read: Strictest punishment for culprits of crimes against women, says PM Modi on Independence Day amid outrage on Kolkata…

75,000 new medical seats to be added in next 5 years, says PM Modi

Prime Minister Narendra Modi on Thursday announced 75,000 new medical seats in the next 5 years. He also said that the government’s focus on reforms is not just for pink papers. “Every year, many children from our country go abroad to pursue medical education. To address this, we are introducing 75,000 new medical seats in…

NIRF ranks MAHE fourth in university category

Manipal Academy of Higher Education (MAHE) has moved up two ranks to fourth place among universities in the National Institutional Ranking Framework (NIRF) survey for 2024. In the overall rankings, MAHE has secured the 14th position. Many of the constituent units of MAHE are also among the top 10 position under various disciplines. In dental…

St Aloysius College improves ranking from 80 to 58 in NIRF survey

Mangaluru-based St Aloysius College has jumped up 22 ranks to reach 58th rank among colleges in India in the National Institutional Ranking Framework (NIRF) survey for 2024. Addressing media persons in Mangaluru on Tuesday, Praveen Martis, Vice-Chancellor of St Aloysius (deemed to be university), said St Aloysius College has been performing incredibly well in all…

IIMA proves it is gold standard for management studies, bags top spot in NIRF list for 5th consecutive time

The Indian Institute of Management Ahmedabad (IIMA) has bagged the title of the best management institute for the fifth consecutive year in the National Institutional Ranking Framework (NIRF) India Rankings 2024, released by the Ministry of Education, Government of India, on Monday. Since the inception of NIRF ranking in 2016, IIMA first snatched the top…

IIT Madras tops NIRF rankings for sixth consecutive year

Indian Institute of Technology Madras (IIT Madras) has retained the top honours in National Institutional Rankings Framework (NIRF) rankings of the Union Ministry of Education. Union Education Minister Dharmendra Pradhan on Monday announced the results of ninth edition of NIRF India Ranking Results in New Delhi. IIT Madras retained its No. 1 ranking in the…

Supreme Court refuses to postpone NEET-PG 2024

The Supreme Court on Friday refused to reschedule the postgraduate National Eligibility-cum-Entrance Test (NEET-PG) 2024 fixed for August 11. A three-judge Bench headed by Chief Justice of India DY Chandrachud pointed out that two lakh aspirants were expected to appear in the exam. “More than two lakh students and close to four lakh parents will…

Veranda Learning Solutions pre-closes two loans worth ₹220 crore

Chennai-based education technology company Veranda Learning Solutions Ltd had pre-closed two loans worth ₹220 crore that were procured from two large corporate groups to fund two acquisitions. While the transactions happened in Q4 of last fiscal, the payouts happened in April. There was a one-time pre-closure cost of ₹9 crore during the June quarter, said…

IIT Indore develops e-shoes for live location tracking

The Indian Institute of Technology (IIT) Indore has delivered 10 pairs of Tribo-Electric Nanogenerator (TENG)-based shoe sole energy harvesting units to the Defence Research and Development Organisation (DRDO), which will help in live location tracking of jawans and can help improve the performance of athletes as well. Developed in collaboration with DRDO, the shoe harnesses…

IIT Madras gets largest single donation of ₹228 crore from Alumnus Krishna Chivukula

Indian Institute of Technology Madras (IIT Madras) on Tuesday received the largest single donation in its history of ₹228 crore from its Alumnus Krishna Chivukula (MTech, 1970), founder of INDO US MIM Tec in Bengaluru to produce small metal and ceramic components with complex geometries in high volumes. Chivukula graduated with a M. Tech (Aerospace…

Medical education was a business before NEET; PG seats sold for ₹8-13 crore: Nadda

Health Minister J P Nadda on Friday defended the National Eligibility-cum-Entrance Test (NEET), which is under the scanner over paper leak cases, saying medical education had become an open business before the NEET was introduced and PG seats were sold for ₹8 crore-13 crore each. The minister intervened during a discussion on a private member’s…

Nemetschek India and ICT Academy sign MoU to boost digital transformation in education

Nemetschek India, a leading global software provider for the architecture, engineering, and construction (AEC) industry, has signed a memorandum of understanding (MoU) with ICT Academy, Chennai, to enhance digital transformation in education through advanced technology and training programmes. This gives Nemetschek access to over 1,000 member engineering colleges of ICT Academy. The MoU outlines a…

Skill university to kick off classes in Telangana with 2,000 students this year

With a view to creating a skilled workforce, the Telangana government introduced a Skill University Bill in the Assembly on Thursday. The Young India Skill University, which will work out of a temporary campus this academic year, will have a permanent campus at Meerkhanpet near Hyderabad. Addressing the House, Chief Minister A Revanth Reddy said…

NEET UG 2024 counselling registration to begin on August 14, confirms NMC Secretary

Dr B Srinivas, Secretary of the National Medical Commission (NMC), stated that the registration process for National Eligibility cum Entrance Test Undergraduate (NEET-UG) 2024 counselling is going to start on August 14. Candidates will have to visit the MCC website for the latest updates and notices regarding counselling. “We are starting the counselling (for NEET…

Budget 2024: 15x customs duty hike on lab chemicals provokes outcry from academicians

A steep hike in customs duty on lab chemicals from 10 per cent to 150 per cent in Budget 2024 has surprised researchers. The community has sought clarification and called for exemptions to ensure research continuity. Laboratory chemicals (Harmonised System Code 9802) include fine chemicals and pure compounds used by the pharmaceutical and biotech industry…

NCLAT Chennai judicial member recuses himself from hearing Byju’s plea

Justice Sharad Kumar Sharma of the National Company Law Appellate Tribunal (NCLAT) Chennai bench on Monday recused himself after hearing a plea filed by Byju Raveendran seeking an interim stay on the insolvency proceedings against Think and Learn, the parent company of the edtech firm Byju’s. Justice Sharma recused himself as he had been counsel…

SC declines pleas to cancel NEET-UG 2024

The Supreme Court on Tuesday refused to cancel the undergraduate National Eligibility-cum-Entrance Test (NEET-UG) 2024 held on May 5. The Supreme Court stated that there is no material on record “at the present stage” to prove that a systemic leak of question papers has destroyed the sanctity of the exams held annually for medical admissions…

Budget provides ₹1.48 lakh cr for education, employment, skill: FM

The Union Budget for 2024-25 will provide ₹1.48 lakh crore for education, employment and skilling in the country. Presenting the Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman said it will focus on employment, skilling, MSMEs and the middle class. She added that the government has extended the PM Garib Kalyan Anna Yojana for…

MAHE’s first V-C Valiathan no more

Professor Marthanda Varma Sankaran Valiathan, a distinguished cardiac surgeon and first Vice-Chancellor of Manipal Academy of Higher Education (MAHE), passed away in Manipal on July 17 at 9.14 pm at the age of 90. He is survived by his wife, a son and a daughter. At Manipal, he served as the first Vice-Chancellor of MAHE…

Mahindra University opens School of Design Innovation

Mahindra University, which is promoted by the Mahindra group, has launched School of Design Innovation at its campus here. The school has tied up with the Pininfarina Design Academy (Torino, Italy), and Shenoy Innovation Studio IDC IITB. It will allow students to be mentored by some of the best design brains from India and abroad.…

Nudged out owing to current controversy: Congress on UPSC chairman resignation

With UPSC chairman Manoj Soni resigning citing personal reasons, the Congress on Saturday said he was apparently “nudged out” given the current controversy in which the Commission is involved. Congress president Mallikarjun Kharge alleged the BJP-RSS is systematically indulging in an institutional takeover of India’s constitutional bodies, thereby damaging their reputation, integrity and autonomy. “The…

Antier’s EduBlock Pro uses blockchain to prevent exam paper leaks

In India, the persistent issue of exam paper leaks has long undermined fair competition and meritocracy, causing widespread concern. This rampant problem, affecting millions of students and eroding public trust, now has a promising new solution. Mohali-based blockchain firm Antier has unveiled EduBlock Pro, an innovative blockchain powered platform designed to safeguard the integrity of…

Telangana Government aims to strengthen Govt schools in next 3 years

Telangana Chief Minister A Revanth Reddy instructed the Education Department to prepare plans to strengthen all government schools in a period of three years. Reddy directed the officials to come up with constructive proposals to open semi-residential schools along with integrated residential schools and prepare proposals to provide education up to the third standard in Anganwadi centres on…

SC orders NTA to publish NEET-UG 2024 results by July 20 noon

The Supreme Court on Thursday directed the National Testing Agency to publish the undergraduate National Eligibility-cum-Entrance Test (NEET-UG) 2024 results of all 23.33 lakh candidates who appeared in the exam on a centre-wise basis in a bid to transparently check for anomalies in the marks pattern. A three-judge Bench headed by Chief Justice of India…

Edtech giant Byju’s challenges insolvency proceedings in NCLAT

Edtech company Byju’s has challenged the National Company Law Tribunal (NCLT) order that initiated insolvency proceedings against the startup in the National Company Law Appellate Tribunal (NLCAT). The appellate tribunal is expected to hear the appeal on July 22 though the company sought an urgent hearing. businessline previously reported that Byju’s would try settling the…

UPL University partners ISRO for R&D in chemical sciences

UPL University of Sustainable Technology, an initiative by the UPL Group and the Space Application Centre (SAC) of the Indian Space Research Organisation (ISRO), have signed a Memorandum of Understanding (MoU) to advance research and innovation in chemical sciences. This collaboration is part of UPL’s broader strategy to enhance academic excellence and foster global recognition,…

ICAI embraces AI technology, launches GPT for CAs

As it celebrates the Diamond Jubilee of its inception, the Institute of Chartered Accounts of India has decided to embrace Artificial Intelligence and Generative AI to tap the benefits of the technology that gives human-like answers. After testing the Beta version, the institute launched the CAGPT, a fenced GPT (which is not connected to external…

Ahmedabad University announces Bagchi School of Public Health with ₹55 crore grant

The Bagchi School of Public Health, named after philanthropists Susmita and Subroto Bagchi, was announced at Ahmedabad University on Tuesday. Established in 2023, the School is now named in honour of the philanthropists and aims to revolutionise public health education and research in India, as stated in an official release here. The Bagchi couple’s transformative…

‘Ivy Leagues seek well-rounded students who excel in many domains’

In recent years, the trend of Indian youth migrating abroad for higher education has witnessed a significant surge. This phenomenon has been on a steep upward trajectory, with over 7.65 lakh students moving abroad for studies in 2022 alone. Even before the Covid-19 pandemic, the numbers were already high, with student migration surpassing 500,000 in…

‘Rajaram – DCM Shriram Scholarship’ launched at DialogueNEXT conference

The International Maize and Wheat Improvement Center (CIMMYT) unveiled the bust of Dr Sanjaya Rajaram — one of world’s most influential wheat breeders and World Food Prize Laureate — at the DialogueNEXT conference in Mexico. This conference, which was held on July 10-11, featured the launch of the ‘Rajaram-DCM Shriram Scholarship’ aimed at fostering the…

IIT Madras unveils plans to transform India into a global chess powerhouse

In an ambitious stride to boost India’s chess prowess, the IIT Madras Center of Excellence in Sports Science and Analytics (CESSA) has unveiled a comprehensive plan aimed at positioning India as a global chess powerhouse. At the heart of this initiative lies a suite of technology-driven tools designed to enhance every facet of the game.…

Harness information for progress of country, CSIR DG tells IIIT-H graduates

IT-trained graduates must harness information and data for the progress of the nation, according to N Kalaiselvi, Director General, CSIR & Secretary, DSIR. Addressing the graduating students of International Institute of Information Technology, Hyderabad (IIIT-H) at its 23rd convocation here on Saturday, she said, “In today’s world, everything is information and everything is data. The IT-trained experts…

NEET-UG 2024 counselling to start in July

The Centre said counselling for the controversy-hit NEET-UG 2024 will be conducted in four rounds from the third week of July even as the Supreme Court deferred the hearing of the case on Thursday to July 18. A three-judge Bench headed by Chief Justice of India DY Chandrachud accepted the request of lawyers to adjourn…

NEET exam: Action will be taken if anyone found guilty, says Pradhan

Union Education Minister Dharmendra Pradhan said the government would take strong actions against functionaries of the National Testing Agency (NTA) if they were found to be involved in irregularities in the conduct of the National Eligibility cum Entrance Test (NEET), 2024. Pradhan made this statement during his visit to Sambalpur in Odisha on Sunday. He…

Telangana CM Revanth Reddy announces proposal to establish Skill University

Telangana Chief Minister, A Revanth Reddy, has announced that the State will have a Skill University. The Chief Minister asked the officials and industry bigwigs to come up with proposals for the establishment of the University one or two days before the start of the Budget Session of the State Assembly, which is by this…

Extent of leak, key to ordering NEET-UG re-test: Apex court

The Supreme Court on Monday said the cancellation of the undergraduate National Eligibility-cum-Entrance Test (NEET-UG) 2024 in its entirety is an “extreme last resort” as it affects over 23 lakh students. However, Chief Justice of India DY Chandrachud concluded that the fact that questions were leaked and the sanctity of the exam was compromised was…

ICAI can proceed against entire CA firm for professional misconduct: Delhi High Court

In a landmark ruling, the Delhi High Court has empowered the CA Institute’s Disciplinary Committee (DC) to take action against an entire CA firm even when no single individual can be held responsible for the allegations in a complaint. Dismissing a batch of 10 writ petitions filed by partners from firms including BSR and Associates…

ICAI sets ball rolling on ‘aggregation of firms’, takes two key decisions

The CA Institute has made two key decisions to create a supportive framework for the aggregation and expansion of CA firms, President Ranjeet Kumar Agarwal announced. These decisions were taken at the Central Council meeting that ended on July 2. One of them is related to relaxation of the existing five-year demerger norm to a…

‘Bharat’, ‘India’ to be used interchangeably in textbooks, debate over it useless: NCERT Chief

“Bharat” and “India” will be used interchangeably in NCERT textbooks as is the case in the country’s Constitution, National Council of Educational Research and Training Director Dinesh Prasad Saklani has said. The comments assume significance in the wake of a high-level panel working on the social science curriculum recommending that “India” should be replaced with…

IIT Madras Alumnus Prem Watsa donates $5 million for brain research

Fairfax Financial Holdings Limited, a leading Canadian financial company founded by IIT Madras Alumnus V Prem Watsa, is going to support the research activities of IIT Madras’ Sudha Gopalakrishnan Brain Centre through a research grant of $5 million (approximately ₹41 crore). Watsa, who graduated from IIT Madras in 1971 with a First Class degree in…

Veranda Learning targets ₹600 crore revenue through institutional partnerships

Veranda Learning Solutions signed a Memorandum of Understanding with Sri Krishna Arts and Science College in Coimbatore to offer a B.Com course with ACCA accreditation. This move is part of Veranda’s broader strategy to generate ₹600 crore in revenue over the next five years through institutional partnerships. The company informed that currently it collaborates with…

CA Institute signs MoUs with eight universities to promote commerce curriculum

The CA Institute on Friday signed Memorandum of Understanding (MoUs) with eight different Universities for the promotion of commerce curriculum across the country and make it more efficient. These MoUs were signed at the 4th Global Education Summit in Commerce and Accountancy (GESCA) 2024 in the capital. The Summit was inaugurated by Harsh Malhotra, Minister…

NEET-PG 2024 to be held on August 11

The NEET-PG 2024 will be held on August 11 in two shifts, the National Board of Examinations in Medical Sciences announced on Friday. The exam was earlier scheduled to be held on June 23. “In continuation of NBEMS notice dated 22.06.2024, the conduct of NEET-PG 2024 examination has been rescheduled. It will now be conducted…

NEET-UG exam row: Apex court says any negligence should be thoroughly dealt with

The Supreme Court on Tuesday said that even if there was “0.001 per cent negligence” on the part of anyone in the conduct of the NEET-UG 2024 examination, it should be thoroughly dealt with. Observing that students have to labour hard while preparing for these examinations, the apex court said the litigation pertaining to the…

Children’s MF schemes asset rise to ₹20,081 crore

Assets under Management (AUM) of children’s mutual fund more than doubled in the last five years to touch ₹20,081 crore last month against ₹8,286 crore in May, 2019. On a year-on-year basis, the AUM increased 31 per cent from ₹15,375 crore in May, 2023, according to ICRA Analytics. Also read: Why this dividend yield fund…

Wipro inks MoU with Anna University to provide skill-based training on VLSI design

Wipro Ltd has signed an MoU with Anna University in Chennai to provide faculty and students skill-based training on VLSI design. It plans to set up an innovation centre to offer skill-based courses to sixth and seventh semester students of the electronics department. The course will be delivered by Wipro’s Talent Skilling Team. Students will…

TAPMI commences 2024-26 MBA batch with 521 students

The Manipal-based TA Pai Management Institute (TAPMI) commenced the academic year for the batch 2024-26 on June 26. TAPMI welcomed the 42nd batch of MBA, the 11th batch of MBA – Banking and Financial Services (BKFS), the seventh batch of MBA – Human Resources (HRM), the sixth batch of MBA – Marketing, and the third…

Karnataka HC sets aside NCLT stay on Byju’s second rights issue

The Karnataka High Court has set aside the National Company Law Tribunal (NCLT) order that restrained embattled edtech company Byju’s from launching a second rights issue. Investors — Peak XV Partners, General Atlantic, and Prosus — had filed a plea in the NCLT to halt Byjus’ second rights issue, as it would further dilute their…

Flying cadet, doctor, and cricketer among diverse incoming students at MICA Ahmedabad

A flying cadet, a doctor and a cricketer are among this year’s incoming batch of 235 students across three programmes offered by MICA Ahmedabad. In terms of gender ratio, 47 per cent of the incoming batch across all three programmes ~ flagship Post Graduate Diploma in Management Communication (PGDM-C), PGDM Crafting Creative Communications (CCC), and…

NTA announces re-test result, revised rank list for NEET-UG

The National Testing Agency announced the revised rank list for the medical entrance exam NEET-UG on Monday, officials said. The revised result was announced after a retest was conducted for candidates who were earlier awarded grace marks to compensate for loss of time as the exam on May 5 started late at six centres. Also…

MAHE appoints Raviraja NS as COO

Manipal Academy of Higher Education (MAHE), an Institution of Eminence and deemed-to-be university, has appointed Raviraja NS, Director – Planning and Monitoring, as the Chief Operating Officer of MAHE with effect from July 1. Raviraja will focus on enhancing operational efficiencies of the non-academic functional departments of MAHE like general services, purchase, projects, IT and…

UGC-NET rescheduled: New exam dates released by NTA

Amid a raging row over alleged irregularities in the conduct of competitive exams, the National Testing Agency (NTA) Friday night released fresh dates for cancelled and postponed examinations, announcing the UGC-NET will now be held from August 21-September 4. The University Grants Commission–National Eligibility Test (UGC-NET) was cancelled a day after being conducted on June…

IIT Madras launches world’s first MBA in digital maritime and supply chain management

Indian Institute of Technology Madras (IIT Madras) made history on Friday by launching the World’s First MBA in digital maritime and supply chain management. This groundbreaking 24-month program, developed by IIT Madras Departments of Management Studies and Ocean Engineering along with industry partner i-maritime Consultancy, is designed to cater to the needs of working professionals…

IIM Kozhikode sets record by admitting 59% female students to flagship PGP Program

IIM Kozhikode has created history this year, by admitting 59 per cent female students to its flagship PGP, which is now into its 28th year. Arun Kohli, Managing Director and Country Head of India, Morgan Stanley, was the Chief Guest for the inauguration ceremony, which was presided over by Debashis Chatterjee, Director IIM Kozhikode. Kohli…

NTA announces new exam dates for UGC-NET, NCET and Joint CSIR UGC NET

N Even though the controversy over paper leaks continues, the National Testing Agency (NTA)) has announced revised dates for conduct of UGC – NET, Joint CSIR – UGC NET and NCET 2024. All three exams will be computer based. The UGC – NET, cancelled a day after it was held on June 18 following a…

Tamil Nadu urges Centre to scrap NEET, passes unanimous resolution

Tamil Nadu Assembly on Friday unanimously adopted a resolution passed by the Chief Minister urging the Centre to scrap NEET at the national level and exempt the State from using it for medical education. Three days ago, West Bengal Chief Minister Mamata Banerjee had raised the same issue by writing a letter to Prime Minister…

Opposition puts pressure on government for discussion on NEET exam irregularities in Parliament

Attempting to corner the government, the Opposition on Friday demanded a discussion on irregularities in the conduct of the NEET-UG medical examination in both Houses of Parliament, with the Leader of the Opposition and Congress MP Rahul Gandhi saying we should send a message to the students that we are with them at this hour…

NEET-UG row: 5 more held in Bihar for ‘paper leak’, State govt notifies transfer of probe to CBI

The Bihar government issued a notification on Sunday evening to transfer the case in connection with alleged irregularities in NEET-UG to the CBI, paving the way for the central agency to take over the investigation. The move came after the Economic Offences Unit (EOU) of Bihar Police arrested five more suspects, who were detained from…

Byju’s settles case with Teleperformance

Embattled edtech Byju’s has settled with France-based Teleperformance Business Services, the Bengaluru Bench of National Company Law Tribunal (NCLT) was told on June 26, a second relief for the company during the day. The tribunal asked Teleperformance to file a memo saying it wished to withdraw the insolvency plea in view of the settlement for…

Company law proceedings against Byju’s still underway: MCA

Corporate Affairs Ministry (MCA) on Wednesday made it clear that the proceedings initiated by it under the company law against EdTech major Byju’s are still on going and that no final conclusion should be drawn in this matter at this stage. “There have been recent reports claiming that Byju’s has been cleared of financial fraud…

‘Ivy Leagues seek well-rounded students who excel in many domains’

As protests grow, CBI gears up for country-wide probe into irregularities in conduct of NEET exam

The CBI is gearing up to take up comprehensive investigation into country-wide reports of deep-rooted racket in the conduct of National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG) examination 2024, as the students protest intensify seeking accountability of people playing with their future. Also read:NEET-PG exam postponed due to integrity concerns; NTA’s DG replaced Opposition parties have also said…

Jaro Education announces bonus, dividend

Jaro Education has declared bonus and dividend to its shareholders. The Board of Directors of Jaro Education has recommended a bonus in the ratio of 1:3 (one equity share for every three held) shares held by the shareholder. The board has also announced a dividend of ₹10 per share for the financial year ended March…

TN announce increase in admissions to arts and science colleges in the current academic year

Tamil Nadu government has announced an increase in admission of students in arts and science colleges in the academic year 2024-2025. This comes in the backdrop of an increase in the pass percentage in Class XII State board examinations, announced State Higher Education Minister K Ponmudy in the Assembly on Monday. Also read:Tamil Nadu seeks…

Motilal Oswal Financial Services signs MoU with IIM Mumbai

Financial services company Motilal Oswal Financial Services Limited (MOFSL) has signed an MoU with IIM Mumbai to revolutionise financial and capital markets understanding at the campus through research, sustainable learning and development. IIM Mumbai will deliver customised training programs for MOFSL executives and will participate in joint research and case writing. Also read: Corporate profit…

A high-level committee formed to overhaul NTA: Dharmendra Pradhan

Under fire from all quarters over alleged paper leaks leading to the cancellation of the UGC-NET 2024 examination and other malpractices identified during the conduct of NEET, the education Ministry has ordered the setting up of a high-level committee aimed at re-looking into the working of the National Testing Agency (NTA), the apex body that…

NEET row: Govt sets up high-level committee to overhaul exam processes amidst paper leak controversies

In the face of criticism, including from the ABVP – the student wing of the RSS – over UGC-NET cancellation and alleged paper leaks in NEET, the Education Ministry on Saturday set up a high-level committee of experts to ensure transparent and fair conduct of such competitive examinations. Reconstituting the apex testing agency will also…

NEET-PG exam postponed due to integrity concerns; NTA’s DG replaced

The NEET-PG Entrance Examination, which was scheduled to take place tomorrow, June 23, has been postponed. The Health Ministry said in a statement that the decision comes amid recent allegations concerning the integrity of several competitive examinations in the country. The National Board of Examination conducts the entrance exam for medical students. Read: NEET row:…

NEET fiasco: Govt notifies former ISRO chief K Radhakrishnan led panel to reform process of competitive exams

The Ministry of Education said Saturday it has constituted a high-level committee of experts led by former ISRO chief K Radhakrishnan to ensure transparent, smooth and fair conduct of examinations through the National Testing Agency (NTA). Also read: NEET aspirants say faith in NTA has been shaken, want re-test option for all candidates to be…

UGC-NET 2024: Scandal-hit UGC-NET exam saw record high candidates

The 2024 University Grants Commission’s National Eligibility Test (UGC-NET), which was cancelled earlier this week due to integrity issues, saw record-high candidates write the exam. Also read: A high-level committee formed to overhaul NTA: Dharmendra Pradhan Conducted by the National Testing Agency (NTA), UGC-NET is the test for Junior Research Fellowship, appointment as Assistant Professors…

IIMA sees rise in female representation and work experience in PGP and PGP-FABM

The percentage of female students admitted to the Indian Institute of Management Ahmedabad (IIMA) is on the rise. On Thursday, the institute welcomed the 61st batch of the two-year full-time Postgraduate Programme in Management (PGP), comprising 404 meritorious students, of whome one-fourth are females. “Out of 404 meritorious students from a diverse educational, professional, socio-…

Congress’ Rahul Gandhi accuses PM Modi of ‘psychologically’ collapsing as public outcry rises over exam irregularities

Mounting pressure on the government to fix accountability on irregularities in UGC-NET and the NEET medical entrance exams owing to growing public outcry across the country, Congress leader Rahul Gandhi on Thursday said Prime Minister Narendra Modi has “psychologically collapsed” post-elections and was merely focused on getting his leader appointed as Lok Sabha Speaker ahead…

NEET aspirants say faith in NTA has been shaken, want re-test option for all candidates to be considered

Many medical aspirants are clamouring for a retest of the NEET-UG 2024, which has been plagued by charges of irregularities, paper leaks and a steep rise in the number of students in the merit list, with the Centre’s decision to cancel grace marks for 1,563 students doing little to assuage their concerns. Student bodies and…

Centre scraps UGC-NET 2024, plans for fresh examination

The Centre on Wednesday said it had scrapped the UGC-NET 2024 exam held on June 18 after it was indicated prima facie “that the integrity of the aforesaid examination may have been compromised”. The matter will now be handed over to the Central Bureau of Investigation (CBI).. Over 9 lakh candidates appeared for the exam,…

PM Modi inaugurates new campus of Nalanda University in Bihar’s Rajgir

Prime Minister Narendra Modi visited Bihar on Wednesday, June 19, to inaugurate the new Nalanda University campus near Rajgir’s ancient university ruins. The campus is named after the ancient university, which attracted scholars from around the world about 1,600 years ago. External affairs minister S Jaishankar and ambassadors from 17 partner countries also attended the…

NEET Issue: Decision on 1,563 candidates taken as per students’ conformity, says Union Minister Giriraj Singh

Expressing his views on the National Eligibility-cum-Entrance Test (NEET) undergraduate exam issue, Union Minister Giriraj Singh said that the decision on 1,563 candidates who got “grace marks” has been taken as per the students’ conformity. Union Minister Giriraj Singh said, “Education Minister Dharmendra Pradhan held cordial talks with representatives of students and parents. The decision…

NEET grace marks nixed, re-test option for 1,563 students: Govt

The scorecards of 1,563 NEET-UG 2024 candidates who were given grace marks for time lost in the examination will be scrapped, the Centre told the Supreme Court on Thursday. The students can opt for a re-test on June 23, and the results will be declared on June 30. If these candidates do not take the…

NCLT directs Byju’s to maintain status quo, freezes funds raised via second rights issue

The Bengaluru bench of the National Company Law Tribunal (NCLT) has directed the embattled edtech major Byju’s to maintain status quo with regard to existing shareholders and their shareholding. “Status quo with regard to existing shareholders and their shareholding shall be maintained till the disposal of the main petition,” the order that was made available…

NEET-UG row: Centre revokes grace marks, retest scheduled for June 23

The Centre on Thursday told the Supreme Court that the decision to give grace marks to 1,563 NEET-UG, 2024 candidates for admission to MBBS, BDS, and other courses has been cancelled. They will be given an option to take a retest on June 23. The counsel for the Centre and the National Testing Agency (NTA)…

Technopark firm Guidehouse renovates Sainik School library, computer lab

Management, technology, and risk consulting services provider Guidehouse — operating from Technopark, Thiruvananthapuram — has sponsored the upgradation of the computer lab and library at Sainik School, Thiruvananthapuram. This is aimed at helping the school raise its quality of education, a company spokesman said. The company has also provided the school 25 PCs and computer…

CA Institute Bars Erring Students from Exams for 5 Years

Cracking down on rule violations, the CA Institute has barred several students from CA exams for five years for possessing mobile phones during the recent May exams. The ICAI Examination Committee have now decided that such erring students who adopted unfair means during CA exams cannot appear in future exams for the next five years. However,…

Ed-tech start-up Leverage.Biz announces second ESOP buyback

Ed-tech company Leverage.biz, which runs the study abroad platform Leverage Edu, along with Fly.Finance & Fly Homes, has announced the completion of its second employee stock ownership plan (ESOP) buyback exercise. According to Tracxn, Leverage.biz’s subsidiary Leverage Edu has secured a total funding of $58.3 million. In July 2023, Leverage Edu secured $40 million in…

Unacademy co-founder Hemesh Singh steps down; to move into an advisory role

Unacademy’s co-founder Hemesh Singh has stepped down as the chief technology officer and will move into an advisory role. Founded in 2015 by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy connects educators and learners in various streams for skill improvement by offering various courses. The company makes money from subscriptions of online and offline…

Andhra Chamber of Commerce inks pact with Atal Incubation Centre, Anna University

The Andhra Chamber of Commerce has signed a memorandum of understanding with Atal Incubation Centre at the Anna University Incubation Foundation here aimed at boosting the start-up ecosystem and aspiring entrepreneurs. As per the joint initiative, the strategic tie-up would help both the partners to leverage their strengths and reach out to a wider audience…

Volvo India signs MoU with Indian universities to offer mentorship programs, internships

Volvo Group India has signed a Memorandum of Understanding (MoU) with Manipal University, KIIT University, and SRM University to offer mentorship programs to postgraduate students and provide 50-75 internships annually. Also read: Karnataka signs MoUs worth ₹22,000 crore with 7 companies The collaboration aims to build a stronger industry-academia engagement and enhance the industry-readiness of…

People have ushered in change through peaceful means in the Lok Sabha polls: Venkaiah Naidu

People have brought in the change they wanted through peaceful means in the recent Lok Sabha elections, said Venkaiah Naidu, former vice-president, while speaking at the 43rd convocation of the Institute of Rural Management Anand (IRMA), Friday. Also read:Six MP elects including Amit Shah cross highest winning margin record “India has proved to be a…

Byju’s lenders petition to put subsidiaries in bankruptcy in the US

Troubled edtech major Byju’s term-loan lenders have petitioned a bankruptcy court in Delaware against the companies’ subsidiaries — Epic, Tynker, and Osmo — seeking to initiate Chapter 11 bankruptcy proceedings. Glas Trust, a US-based non-banking loan agency, was appointed by over 100 lenders as an administrative agent for the $1.2-billion term loan. “Since Byju’s began…

Rakesh Mohan Joshi takes over as vice-chancellor of IIFT

International trade and management expert Rakesh Mohan Joshi on Wednesday took charge as vice-chancellor of the Indian Institute of Foreign Trade (IIFT), a business school under the ministry of commerce. Joshi a former Dean of the institute was on deputation to Bengaluru-based Indian Institute of Plantation Management as Director. “Prof. Rakesh Mohan Joshi takes over…

BYJU’S Financial Update: May 2024 Salaries Processed Using Business Collections

Edtech firm BYJU’S has processed employees’ May salaries from the month’s business collections, sources close to the company said on Monday. Last year, the founders of the edtech firm had to pledge their house to raise debt to pay employees’ salaries. “The salaries for the month of May have been processed for BYJU’S employees and…

Badruka School of Management organises business case competition to inspire entrepreneurship among students

Badruka School of Management (BSM), an institute of Badruka Educational Society, organised the third and final round of in-person presentations for BSM IGNITE, a business case competition, in Hyderabad. The competition, BSM IGNITE, was initiated for young and aspiring business leaders as a platform to present their entrepreneurial ventures and receive feedback from industry experts,…

We will continue to explore new acquisitions, says Veranda Learning’s Suresh Kalpathi

Veranda Learning Solutions Ltd, the Chennai-based education technology company founded in 2018 by the Kalpathi AGS Group, has over the years grown mainly through acquisitions. For instance, in May 2023, it acquired seven companies valued at ₹400 crore. The total number of students trained by the Veranda Group for FY24 stood at 6,93,874. The company’s…

Geojit announces scholarship scheme for professional courses

Geojit Financial Services Ltd has announced education scholarships for deserving students from economically weaker sections of the society, to help them pursue career-oriented courses across diverse disciplines. As a part of the scholarship, Geojit will provide up to ₹25,000 per annum to selected students towards their tuition fees, examination fees, etc. Also read:Bahwan CyberTek announces…

ISB’s report shows role of legacy in success of family businesses

There is a strong correlation between a family business’s legacy, and its long-term success, according to a report released by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School of Business (ISB). It also revealed businesses with strong legacies, demonstrate superior performance, and a firm dedication to environmental, social, and governance (ESG) principles.…

Educate Girls founder Safeena Husain receives honorary doctorate from LSE

Safeena Husain, the Founder of Educate Girls, has been awarded an Honorary Doctorate by the London School of Economics and Political Science (LSE), for her outstanding contributions to girls’ education in India. This prestigious recognition highlights Safeena’s relentless efforts to enhance access to education for girls in India’s underserved villages. Safeena and Educate Girls, were…

Nitte to offer MBA in ‘Innovation, Entrepreneurship, and Venture Development’

Nitte (Deemed to be University) has announced the launch of an MBA programme in ‘Innovation, Entrepreneurship, and Venture Development’ (IEV) for the academic year 2024-25. This programme is designed to train and nurture future first-time entrepreneurs and family business owners. It will be offered jointly by Nitte Atal Incubation Centre and Justice KS Hegde Institute…

University of Hyderabad ranked among top 12% universities in Asia

The University of Hyderabad (UoH), an Institution of Eminence is ranked among the top 12 per cent universities in Asia for international students by the Study Abroad Aide (SAA) World Rankings. The University of Hyderabad (UoH), an Institution of Eminence is ranked among the top 12% universities in Asia for international students. The UoH is…

IIT Madras Zanzibar introduces new M Tech Program in Ocean Structures

IIT Madras Zanzibar has introduced an M Tech Program in Ocean Structures for the Academic Year 2024-25. The new two-year Master of Technology Program is open to candidates of all nationalities and comes with two streams: Offshore and Ship structures and Port Harbour & Coastal structures. The stream selection will be based on CGPA obtained…

Veranda Learning Solutions reports net loss of ₹39 crore despite revenue doubling

Despite revenue more than doubling, Veranda Learning Solutions Limited, the Chennai-based education services solutions provider, reported a net loss of ₹39 crore in the fourth quarter ended March 31, 2024. It was the same in the same quarter last year. Revenue increased to ₹103 crore (₹48 crore). The net loss was mainly due to higher…

Adda247 reports 88% growth in revenue, 66% decline in losses in FY24

Google-backed edtech platform, Adda247 has recorded a jump of 88 per cent year-on-year (y-o-y) in revenue to ₹243.39 crore in FY24 from ₹129.65 crore in the previous fiscal year. The company reportedly also reduced its net loss by 66 per cent to ₹101 crore, down from ₹296 crore in FY23. Adda247 attributed this growth to…

CA Institute announces September exams dates for the first time

CA Institute, the world’s largest accounting body, has announced the dates for the September leg of its Foundation, and Intermediate examinations for this year. Also read:CA Institute to hold 2nd edition of ‘Startup Sphere’ at Bengaluru between June 27 & 29 While the foundation course examination would be held on September 13th, 15th, 18th and…

ISB ranked first in India by Financial Times in Executive Education Custom Ranking 2024

The Indian School of Business (ISB), has retained the top position in India while has been ranked second in Asia and gone up to the 26th position globally, from last year’s 29 in the Financial Times (FT) Executive Education Custom Ranking, 2024. Also read:ISB to train grassroots entrepreneurs with no degrees ISB Executive Education, has also…

How Chat-GPT-like AI tools are changing the dynamics of education

As India’s education experts gaze into the future, they see a transformative force emerging — the integration of advanced AI tools like ChatGPT-4.0. This technology, they believe, holds the promise of ushering in a new era of highly personalized, accessible, and efficient learning experiences for students across the country. “ChatGPT-4.0 and similar AI assistants have…

Harvard blocks graduation for 13 Students, defying faculty vote

Harvard University’s governing board said it’s declining to award degrees to 13 students who violated the university’s policies by participating in a pro-Palestinian encampment on campus. Also read: Harvard seeks to move past firestorm brought on by school President Claudine Gay’s resignation The move came after 115 faculty members showed up to a meeting on…

TDK Corporation joins hands with IIT Madras innovation centre to launch accelerator program

TDK Corporation, a leader in electronic solutions, has tied up with the Gopalakrishnan-Deshpande Center for Innovation & Entrepreneurship (GDC) at IIT Madras to launch the ‘TIIC Accelerator Program 2024’. The program aims to foster innovation in the Healthcare Technology and Diagnostics sector arising from Indian STEM university researchers and start-ups. Through this collaboration, TDK Corporation…

NCLT issues fresh notices to Byju’s over unpaid vendor dues; next hearing on July 3

The National Company Law Tribunal (NCLT), on May 22, issued notices to Think and Learn Pvt Ltd, the parent company of Byju’s, in three cases over non-payment of dues to operational creditors. The hearing in all three cases, filed by publishing company McGraw Hill, BPO service provider Cogent E-services, and supplier of automation control products…

SuperKalam secures $2 million in seed funding for AI-led educational platform

SuperKalam, an AI-led personal mentor for students preparing for competitive exams, has concluded a seed funding round, raising $2 million. The company said the funding will be utilized to improve SuperKalam’s AI-led educational platform, expand its reach, enhance user experience, and foster innovation in learning services. The funding round was led by YCombinator and Fundersclub…

Career Mosaic sets up office in GIFT City

Career Mosaic, an international student recruitment firm, announced the opening of its new office in Gujarat International Finance Tec-City (GIFT City) in Gujarat. The firm’s presence in GIFT City will facilitate seamless application management, assessments, marketing strategies and enrollment procedures for educational institutions aiming to tap into the Indian study abroad market and beyond, said…

BYJU’S former employees looking to file NCLT plea for unpaid dues

A group of former employees of troubled edtech major BYJU’S is planning to drag the company to the National Company Law Tribunal (NCLT) to demand their dues from the company. Nearly a group of 400 employees who were either terminated, resigned, or are still employed at Byju’s, all sharing a common issue have banded together…

Harvard selects former Twitter India head Manish Maheshwari for Mason Fellowship

Harvard University’s John F. Kennedy School of Government has selected former Twitter India head, Manish Maheshwari, currently an AI entrepreneur and co-founder of Fanory.ai, for the Mason Fellow Program. This program aims to address global development challenges and is renowned for its international impact. Starting from July 2024, he will spend two semesters at Harvard’s…

Educational lending platform Propelld raises $25 million for NBFC arm Edgro

Propelld, a fintech start-up that offers educational funding, has raised $25 million for its wholly-owned non-banking financial company (NBFC) subsidiary Edgro. Nine lenders including Credit Saison India Private Ltd, AU Small Finance Bank, InCred Financial Services Ltd and Northern Arc Capital Ltd contributed to this. The company will utilise the funds to expand its reach…

Rajnish Kumar, Mohandas Pai to step down from Byju’s advisory board

Amid a series of setbacks, edtech major Byju’s has announced that its parent company, Think & Learn Private Limited (TLPL), and two advisory board members – Rajnish Kumar and Mohandas Pai – have mutually decided not to renew the contractual agreement scheduled to end on June 30, 2024. Also read: Byju’s faces uphill sales battle…

CUET-UG Day 1: Over 2.5 million students sit for exams nationwide

The first day of CUET-UG was conducted on May 15 for Chemistry, Biology, English and General Studies, all over India except for 258 centres in Delhi. There are 2,157 centres where the exam took place. Attendance was around 75 per cent. According to senior government officials, 6,43,752 candidates took the Chemistry exam across 1,640 centres, and 3,63,067 candidates took the biology exam…

IIT Madras places over 80% of BTech/Dual-Degree students and over 75% of Master’s students

In the last two years, 90 per cent of IIT Madras BTech and Dual-Degree graduates found career opportunities by the time of their convocation. With more than two months left for 2024 convocation, IIT Madras is on track again this year to hit this milestone, says a release. As on April 30, 2024, IIT Madras…

CA Institute to issue international networking guidelines for Indian firms, says Prez Agarwal

CA Institute will soon issue international networking guidelines to enable domestic firms to spread their footprints abroad, its President Ranjeet Kumar Agarwal has said. The Institute of Chartered Accountants of India (ICAI), the largest accounting body in the world, will also review the Advertising regulations for its members to relax them in accordance with the…

Jaro Education reaches out to add 100 institutes

Jaro Education, a leading player online education sector, has reached out to 100 reputed institutes for offering their education programme on its platform. Also read:Online learning platform UNIVO welcomes UGC recognition Founded by Dr. Sanjay Salunkhe, Jaro. already offers a diverse range of programmes in collaboration with institutions such as IIMs, IITs and other top-ranked…

Bold promises in education, but gap in delivery needs attention

In February, amidst bold promises for transforming education, Education Minister, Dharmendra Pradhan, unveiled the Automated Permanent Academic Account Registry (APAAR) under the National Education Policy (NEP) 2020. This initiative aimed to establish a unified student identification system under ‘One Nation, One Student ID’. Also read:‘Education is now being taken over by private sector’ Shortly after,…

‘Education is now being taken over by private sector’

How do you see the performance of this Government? The Indian government was investing in schools, towards primary education, institutions of higher education, with a distinct focus on pushing ahead scientific temperament, and understanding. There was leash on private sector in some instances too. A network of well established publicly funded education institutions existed in…

Strides in education sector taking India closer to Viksit Bharat: Dhankhar

Vice President Jagdeep Dhankhar said India has been the hub of knowledge and continuous strides in the education sector are taking the country closer to achieving the goal of ‘Viksit Bharat’ by 2047. Also read: Time to embrace ‘Economic Nationalism’, VP Jagdeep Dhankhar tells Corporate India Dhankhar was addressing the 62nd Foundation Day ceremony of…

Byju’s slashes course fees by 30-40%, ups sales incentives by 50-100%

Edtech firm Think and Learn — owner of Byju’s brand — has slashed course subscription fees by 30-40 per cent and hiked sales incentives by 50-100 per cent, according to sources. Byju’s Founder and CEO Byju Raveendran, who has started handling the company’s daily operations, in a meeting with 1,500 sales associates and managers, has…

Almost 83% of IIT-Madras students already placed: Institute Director

It is too early to judge the placements situation at IIT-Madras, as the process happens in phases and also includes researchers, IIT-Madras Director V Kamakoti said on Wednesday. “Almost 83 per cent of IIT-Madras students have already been placed currently and the correct position of placements will be available only in mid-July as it concludes in…

ISB to train grassroots entrepreneurs with no degree

The Indian School of Business (ISB) Campus in Hyderabad | Photo Credit: NAGARA GOPAL The Indian School of Business (ISB) has launched a programme for upcoming and promising entrepreneurs, called I-Venture Immersive (ivi) to be run by its entrepreneurship arm, I-Venture@ISB The programme encourages keen innovators from across the country to pursue their passion…

Classplus invests in government exam-prep platform Gyan Live

Classplus, a B2B edtech unicorn, announced a strategic investment in Gyan Live, an educational platform dedicated to State-level government exam preparation in Gujarat. With this undisclosed amount of investment, Gyan Live is planning to expand its offerings to those preparing for central government and school exams in regional languages. According to the company, this funding…

Supreme Court stays Calcutta HC order on West Bengal teachers’ appointments

In a major relief to 25,753 teachers and non-teaching staff of West Bengal, the Supreme Court on Tuesday stayed the order of the Calcutta High Court order invalidating their appointment made by the state’s School Service Commission (SSC) in the state-run and state-aided schools. The top court, however, permitted the central probe agency, Central Bureau…

Personalised learning platform Interval launches 4 new courses

Interval, a leading personalised learning platform, has announced the launch of four innovative products as part of its expansion into the new financial year. The company with hundreds of courses in the K-12 segment is expanding its business to new vernaculars and different age segments or students and adults alike, a press release said. Co-founded…

IIT Madras and Sambalpur University to collaborate on research

Indian Institute of Technology Madras (IIT Madras) and Sambalpur University in Odisha will collaborate on research and academics. The two institutions will also work towards the exchange of students and faculty, academic and scholarly information besides materials and publications. An MoU towards this collaboration was signed at the IIT Madras Campus on Saturday. Also read:IIT…

businessline Young Changemaker Award winner Cherrilearn wins ‘Elevate Karnataka 2023’ award

Puttur-based edtech start-up and winner of the ‘businessline Young Changemaker Award 2023’ – Cherrilearn – has been named a winner of ‘Elevate Karnataka 2023 Call 2’ competition. This recognition brings funding that will fuel Cherrilearn’s mission to empower students, particularly in underserved communities across India. Cherrilearn offers interactive and gamified learning experiences in English and…

Byju’s implements revenue-linked compensation for sales team amid financial challenges

Troubled edtech major Byju’s has rolled out a new policy wherein the salaries of the sales staff are directly linked to the revenues they generate every week, amid the struggles that the edtech major is facing with a severe cash crunch and to cover the payroll of its employees. The cash-crunched company has only paid…

Troubles mount for Byju’s as OPPO files insolvency plea, NCLT admits case

Embattled edtech major Byju’s problems keep mounting as Chinese electronics manufacturer OPPO Mobiles Pvt Ltd has approached the Bengaluru bench of the National Company Law Tribunal (NCLT) for an insolvency plea against the company. The NCLT has admitted the case and is scheduled to hear it next on May 28. The Section 9 plea seeks…

As US campus protests turn violent, parents in India worry

As the campus agitations in the US over Israel’s actions in the Gaza turned torrid, sparking police action in places like Columbia University, and rival group clashes in University of California, ripples of anxiety are being felt in India. According to the Open Doors Report of the US State Department, students from India constitute more…

Education Ministry asks NCERT to review, update textbooks on yearly basis

The Ministry of Education (MoE) has asked the NCERT to conduct a review of its textbooks and update them on yearly basis, according to sources. So far, there has been no mandate on the frequency of updating NCERT textbooks. However, the National Council of Educational Research and Training has been occasionally revising and updating content…

MAHE confers doctorate upon K V Kamath

Manipal Academy of Higher Education (MAHE) held a special convocation in Manipal on Monday to confer an honorary doctorate upon KV Kamath, Chairman of National Bank for Financing Infrastructure and Development (NaBFID) and Chairman of Jio Financial Services Ltd. HS Ballal, Pro-Chancellor of MAHE, said Kamath’s leadership and vision align perfectly with MAHE’s mission to…

ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC

The CA Institute has proceeded and notified its revised exam dates (announced on March 19) for the intermediate course examination and final examination despite a pending Supreme Court hearing slated for April 29 on postponement plea filed by some CA Students. An ICAI notification—gazetted on April 25 —showed that the intermediate course exams will be…

Anglo Eastern Group to create job opportunities for Indian youth in merchant navy

Aimed at generating job opportunities for the youth, the Hong Kong-based ship management firm Anglo Eastern Group is planning a maritime awareness campaign for Indian students as part of its 50thanniversary celebrations this year. The company, a major employer of Indian seafarers, has proposed to connect schools and colleges in cities in Kerala, Tamil…

TAPMI hosts 38th annual graduation ceremony

A total of 510 students from the 2022-24 batch of TA Pai Management Institute (TAPMI) graduated at the 38th annual graduation ceremony in Manipal. Of them, 364 students were from the flagship MBA course, 52 students from MBA (Banking and Financial Services), 49 from MBA (Human Resources Management), 24 students from MBA (Marketing), and 21…

Byju’s vs investors: NCLT defers hearing to June 6

The Bengaluru Bench of the National Company Law Tribunal (NCLT) has deferred the hearing of the ‘oppression and mismanagement plea’ filed against Byju’s by investors to June 6. The investors — Peak XV Partners, General Atlantic, Chan-Zuckerberg Initiative and Prosus — have accused the embattled edtech of using some of the funds raised during the…

Byju’s pays partial salaries for March amid legal struggles

Troubled edtech major Byju’s has paid partial salaries to employees for March, sources told businessline. Byju Raveendran, founder and CEO of Think and Learn, parent of BYJU’S, has raised debt in his personal capacity to pay the salaries of employees for March. This comes weeks after the company had announced the clearing of salary dues…

IIMA plans certification courses in Hindi, Bengali, Hindi & Tamil

A year after launching online certification courses, the Indian Institute of Management-Ahmedabad (IIM-A) is now planning to offer similar certification courses in Indian languages including Bengali, Hindi and Tamil. Also read:1/3rd of the new PGPX batch at IIMA comes with international exposure “We will finish one year of launching online certification courses at the end of…

IIT Madras sets ambitious goal of incubating 100 start-ups in one year: Director V Kamakoti

IIT Madras has set an ambitious target of incubating 100 start-ups for the next year, with a start-up once every three days, said its director, V Kamakoti. “I will keep emphasising the target of 100 start ups at every given opportunity,” he said at the 65th Institute Day of IIT Madras on Saturday. Also read:IIT…

1/3rd of new PGPX batch at IIMA comes with international exposure

More than one-third of the 158 qualified professionals who were welcomed into the 2024-25 batch of one-year full-time MBA (PGPX) at the Indian Institute of Management Ahmedabad (IIMA) on Thursday, have international exposure in work or studies. The 19th batch of the PGPX consists of 117 (74 per cent) male students and 41 (26 per cent) female…

IIIT Hyderabad adds dual programme in Computer Sciences and Geospatial Research

In Geospatial Technology, the International Institute of Information Technology, Hyderabad (IIIT) has announced an addition of two new courses: B.Tech. (Hons) in Computer Science and Master of Sciences in domain areas by Research (CGD), for the academic year 2024-25. The CGD programme will equip students with expertise in the geospatial industry, addressing myriad issues in…

Byju’s India CEO Arjun Mohan resigns, Raveendran to head daily ops

Arjun Mohan, the CEO of Byju’s India, has resigned from his position in a little over six months after he took over, with founder Byju Raveendran resuming daily operational responsibilities, the company said in a statement. Mohan will transition to an external advisory role. This is a significant step as the embattled edtech Byju’s is…

ISB introduces curriculum review for a more customised PGP

To tackle the dynamic industrial shift, the Indian School of Business (ISB) has introduced a curricular makeover in its Post Graduate Programme (PGP). Also read: ISB brings in AI, increases flexibility of curriculum to tackle the changing business environment In a statement issued here on Monday, it said that the redesign comes with a three-pronged…

MAHE, Vrtta Green Solutions ink pact for innovation in environmental engineering

Manipal Academy of Higher Education (MAHE) and Vrtta Green Solutions, a Montreal-based environmental engineering firm, have signed a memorandum of understanding (MoU) to spearhead innovation in environmental engineering. Through the MoU, MAHE and Vrtta Green Solutions pledge to offer paid internships for Master’s students specialising in Environmental Engineering, Data Science, and other related domains providing…

ISB brings in AI, increases flexibility of curriculum to tackle the changing business environment

In a major initiative, the Indian School of Business (ISB) is now getting future-ready with significant changes in its curriculum in the backdrop of technological advancements like Artificial Intelligence (AI) and the changing business environment. Also read: IIT Madras launches Research Foundation to drive its global aspirations “While our curriculum remained dynamic for the last decades, what we are…

MAHE’s ‘QS World University Ranking’ improves in ‘Life Sciences’; ranks 317

The ranking of Manipal Academy of Higher Education (MAHE) in the broad subject of ‘Life Sciences’ stood at 317 in ‘QS World University Ranking 2024’. In 2023, MAHE’s ranking was at 368. A media statement said 2024’s ranking is an improvement of 51 places from last year’s rank. In ‘Medicine’ subject, MAHE has been placed…

Sachidananda Mohanty appointed as member, UGC

Sachidananda Mohanty, former Professor and Head of the Department of English, University of Hyderabad and former Vice Chancellor of Central University of Odisha, has been appointed as Member, University Grants Commission (UGC) for three years with immediate effect. Also read:UGC enriches higher education with short term industry courses The Ministry of Higher Education, Government of India, issued a gazette…

Edtech start-up Scaler lays off nearly 150 employees

Bengaluru-based edtech start-up Scaler has laid off nearly 150 employees across its marketing and sales functions, according to sources in the know. The company, which confirmed the development, attributed the job cuts to its need for long-term growth and sustainability. It said that the decision was not performance-driven. “As part of this restructuring, we identified…

IIT-M start-up Planys Technologies raises ₹43 crore in round led by investor Ashish Kacholia

Underwater infrastructure testing start-up Planys Technologies has raised ₹43 crore in equity funding led by investor Ashish Kacholia. Samarthya Advisors, Golden Birch Investments, Cogniphy Angel Fund, Krishna Defence, and Impact India Investment Partners LLC also participated in the funding round. Some existing investors also participated in the round, which saw exits from many first-round seed…

Kinetic Group inaugurates Arun Firodia Research Floor at IIT Powai

Arun Firodia, an alumnus of IIT Bombay, has significantly influenced India’s engineering and automotive landscape, epitomising innovation, entrepreneurship and a steadfast commitment to advancing engineering education. Also read:Kinetic reports 125% jump in gross profit Speaking about the occasion, Arun Firodia said, “My education at IIT instilled in me a belief in innovation and the ‘Make…

IIT Madras launches Research Foundation to drive its global aspirations

Indian Institute of Technology Madras (IIT Madras) is launching the IIT Madras Research Foundation (IITMRF) to drive its global aspirations. It will be a catalyst for start-ups coming out of the Institute’s tech ecosystem landscape to access the global markets, capital, funding for research & innovation, scaling its Academic Master’s and Doctoral Programs through strategic…

Aakash Institute appoints Deepak Mehrotra as Managing Director

Byju’s-owned coaching institute Aakash Institute has appointed Deepak Mehrotra as its Managing Director and Chief Executive Office. Mehrotra has over 35 years of experience in executive roles across sectors such as telecom education, FMCG and others. Prior to joining Aakash, he was the MD at Ashirvad Pipes and has also worked at Pearson India, Bharti…

Bahwan CyberTek announces ₹25-lakh scholarship for Ethiraj College students

The Bahwan CyberTek Group announced a scholarship fund of ₹25-lakh to support the students at Ethiraj College for Women on Friday. The proposed scholarship fund will be dedicated to supporting the academic and sporting aspirations of deserving students, said VM Muralidharan, Chairman, Ethiraj College Trust, and Chief Operating Officer, Bahwan CyberTek Group during the 76th College…

MICA adds sports business specialisation in curriculum

With the sports ecosystem evolving in the country, MICA — a B-school in Ahmedabad — on Thursday said it has added a sports business specialisation to its curriculum. The B-school has renamed one of the most prominent areas, ‘Media and Entertainment Management’ to ‘Media Entertainment and Sports’, which will now offer multiple courses, including sports…

IIT Madras launches Mobility and Intelligent Transportation collaborative

Indian Institute of Technology Madras (IIT Madras) has launched the ‘Mobility and Intelligent Transportation’ (MInT) collaborative towards building a global mobility digital infrastructure. Neeraj Mittal, Secretary, Department of Telecommunications, virtually launched the Collaborative on Thursday. Also read:Student innovations for sustainability challenges awarded at IIT-Madras The initiative is based on the principle of ‘collaborate and compete’…

Edtech start-up Guvi launches Large Language Models for vernacular learners

HCL group company and edtech startup GUVI has launched Large Language Model (LLM) features on its platform that helps users from diverse linguistic backgrounds to learn concepts in their ‘colloquial’ language. The AI-enabled platform has the capability where users can upload course video in English language and get it translated in preferred colloquial language. It…

Byju’s rights issue: NCLT members divided on interim order, refers case to president

The Bengaluru bench of the National Company Law Tribunal (NCLT) has referred the case of embattled edtech Byju’s rights issue to the president of the tribunal owing to a difference of opinion between the members of the Bengaluru bench. The president of NCLT is now likely to allocate the case to a third member of…

Byju’s hands out pink slips to over 500 employees without notice period amid financial strain

Embattled edtech major Byju’s has handed pink slips to nearly 500 people without serving them notice period, or without putting them on a performance improvement plan (PIP), according to the sources. Some employees have alleged that the company’s human resource executive informed them that the company had decided to terminate employment immediately. “The HR went…

India needs 2 lakh company secretaries by 2047: ICSI

The president of the the Institute of Company Secretaries of India (ICSI), B Narasimhan, on Saturday said that when the Indian economy reaches $30 trillion by 2047 as per the expectations, the country will need two lakh company secretaries. The country currently, has 72,000 company secretaries.. Speaking to the media on the sidelines of a seminar on…

SEBI Chairperson at IIM-A: Current generation of Indians on their way to see ‘high noon’ of a new India

The current generation of Indians is on their way to see the “high noon” of a new India, said Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), said at the 59th annual convocation of the Indian Institute of Management-Ahmedabad (IIM-A) on Saturday evening. “My generation was a very fortunate generation. We participated in…

Veranda Group raises ₹425 crore NCD from BPEA Credit

Veranda Learning Solutions Ltd, the Chennai-based enterprise offering end-to-end solutions provider in the education space, has received approval to raise funds for an amount up to ₹425 crore by way of issuance of Non-Convertible Debentures (NCDs) to funds managed and arranged by BPEA Investment Managers Private Limited (BPEA Credit). The NCD is part of a…

Byju’s offers dissenting investors another opportunity to participate in rights issue

In a bid to make a peace offering, Byju Raveendran, founder and CEO of embattled edtech major Byju’s has offered the dissenting investors — Peak XV, Prosus, General Atlantic, Chan-Zuckerberg Initiative a chance to invest in the rights issue, according to a letter sent by him to shareholders on Friday morning. businessline has seen a…

Wipro collaborates with IISc to offer MTech in AI to its employees

Wipro Ltd has collaborated with the Indian Institute of Science (IISc), Bengaluru, to offer eligible employees a higher education program in AI. The online Master’s in Technology (MTech) course will focus on key areas such as AI, foundations of ML/AI, data science, and business analytics, addressing the growing demand for skilled professionals in these domains,…

Byju’s $200-mn rights issue on track as NCLT refuses to halt EGM

The Bengaluru bench of the National Company Law Tribunal (NCLT) on Thursday refused to defer the extraordinary general meeting (EGM) called by the board of edtech major Byju’s to raise authorised capital for its $200-million rights issue. A group of investors in Byju’s parent, Think & Learn, led by Prosus, had moved NCLT for a…

163 firms make offers to 516 students of IIM Bangalore

The final placements for PGP-BA and PGP 2024 of the Indian Institute of Management Bangalore saw 516 eligible students accepting job offers from 163 firms. Also read: In tough job market, rise in recruiting firms & roles, says IIMA as placements end The placement week, which ended on February 7, 2024, saw 503 students placed,…

DY Patil University starts BTech course on semiconductor

In a bid to increase the talent pool on the back of growing investments, DY Patil International University, Pune for the first time in the country has started a BTech course on semiconductor. Prof Prabhat Ranjan, founder Vice chancellor of DYPIU said while VSLI (very-large-scale integration) design programs have been running for quite some time,…

Manipal’s Ranjan Pai eyes Byju’s stake in Aakash

Months after taking a large stake in Byju’s owned Aakash Educational Services, Ranjan Pai, chairman of Manipal Education and Medical Group is readying to take a larger stake in Aakash. Also read:Aakash’s head of marketing Sushant Kumar quits amid turmoil According to several highly placed sources, Pai is eyeing at 42 per cent stake collectively…

Student innovations for sustainability challenges awarded at IIT-Madras

Student teams from Velalar College of Engineering, Vivekananda College of Engineering for Women, MEPCO Schlenk and others emerged as winners of a sustainability innovation challenge held in IIT-Madras on Saturday. Also read:IIT-Madras’ brain research work finds a mention in Nvidia GTC Conducted by Pan IIT Alumni Leadership Series (PALS), an initiative led by alumni of IITs,…

CA Institute Revises Exam Dates in view of Lok Sabha Elections

The CA Institute, the world’s largest accountancy body, has brought in changes to its earlier announced exam dates so as to ensure they don’t clash with the upcoming Lok Sabha elections. The revision in exam dates applies for the intermediate course examination and final examination. It also applies for the international taxation assessment test to…

Physics Wallah’s online business sees 100% growth, aims to double its revenue in 2024-25

Edtech unicorn Physics Wallah (PW) has witnessed over 100 per cent growth in its online business for the academic year 2024-25. Also read: Edtech unicorn Physics Wallah bets big on offline expansion, to open over 60 centres by 2024 The Vishwas Diwas, PW’s annual flagship event, saw over 200,000 enrollments, resulting in more than ₹100…

IIM Ahmedabad to offer courses on real estate

Amid growing focus over luxury segments and premium homes, IIM Ahmedabad (IIMA) has launched a course on real estate in the form of an elective course offered within the MBA programs. IIMA has launched four elective courses in the real estate domain that are well subscribed. IIM Bangalore also offers real estate elective courses. Few…

NPTEL is a big hit among students and faculty

When professor Mangala Sunder Krishnan, who teaches Chemistry at IIT Madras, came up with the idea of a ‘virtual university’ back in 1999, he had in mind a few thousand students viewing videos of classroom lecture recordings. And then came the internet. It brought in its wake the likes of Google and YouTube. Riding on…

Byju’s denies financial irregularities, says ‘not privy to any report by MCA’

Embattled edtech major Byju’s has said that there are no financial irregularities in the affairs of the company. The company said that it’s not ‘privy to any report by the MCA or the contents thereof’. This comes at a time when there are news reports that the investigation arm of the Ministry of Corporate Affairs…

IIT Madras Pravartak partners with VyVoxel to launch an AR/VR programming course

IIT Madras Pravartak Technologies Foundation is partnering with VyVoxel, a US-based company, to offer a course on Augmented Reality / Virtual Reality (AR/VR) programming. The course is offered in online mode and has a duration of 60 hours. The last date to apply for the first batch is March 31, 2024. The course covers the…

Karnataka HC extends interim stay on resolution passed at Byju’s EGM

The Karnataka High Court extended the interim order asking Byju’s shareholders not to bring in effect any resolutions passed by investors at extraordinary general meeting (EGM) held on February 23. The court’s decision comes in response to an EGM called by a group of shareholders, who voted to remove Byju Raveendran from his position. During…

CMR College wins HMA-NMDC Sustainability and Business Quiz

CMR College of Engineering & Technology has won the Sustainability and Business Quiz competition organised by the Hyderabad Management Association (HMA). Organised in association with the NMDC, the quiz saw participation from 30 colleges in the preliminary round. While Bhavan’s Vivekananda College of Science, Humanities & Commerce bagged the second prize, Gitam School of Business…

Aakash and Byju’s merger application withdrawn

In the National Company Law Tribunal (NCLT) hearing on Tuesday, Think and Learn, the parent company of Byju’s, and Aakash Educational Services Ltd (AESL) have withdrawn the merger petition. “The petition to withdraw the merger approval was a pre-planned and mutually-agreed process. Both the companies were running independently as separate entities under the Think and…

Are AI chatbots a problem in Delhi schools?

Artificial Intelligence is becoming a problem for schools in the Capital as teachers are increasingly beset with identical assignments, similar essays, and frequent instances of plagiarism. They are noticing a big difference between class work and home work which they believe students are copying from AI-based technologies that generate text, most popularly ChatGPT. Most schools…

TN is to facilitate R&D pacts between specialist depts in Universities and global firms

Tamil Nadu will be embarking on a unique academia-industry initiative under which it will attempt to tie up specialist departments across universities in the state with potential organisations across the world in a move that is aimed at fuelling high-quality R&D activities in the State, said Vishnu Venugopal, MD and CEO, Guidance. Also read: Ph.D. Program launched…