SHRESHTA: A Scheme for Progress
SHRESHTA is a new scheme launched by the government to provide quality residential education to meritorious SC students in the best private schools in the country. The scheme aims to empower SC students and facilitate their socio-economic progress. What is SHRESHTA? SHRESHTA stands for Scheme for Residential Education for Students in High Schools in Targeted […]
10-Year Jail Term for Leaking UPSC, SSC, Railway Exam Papers
The Public Examinations (Prevention of Unfair Means) Bill, 2024, introduced in the Lok Sabha on Monday, proposes stringent penalties for question paper leaks in exams conducted by UPSC, SSC, Railway and other agencies. The bill aims to bring greater transparency, fairness and credibility to the public examination systems and to reassure the youth that their […]
Class 1-8 Students to Get Free Sweaters, Bags by UP Govt
The Uttar Pradesh government has announced a budget allocation of Rs 1,000 crore for providing free sweaters, shoes, socks and bags to over 2 crore students of classes 1 to 8 in government schools. The scheme aims to encourage education and improve the infrastructure of primary schools in the state. According to Finance Minister Suresh […]
Byju’s Pays January Salaries Amid Investor Crisis
Byju’s, once valued at $22 billion, is now struggling to survive amid a series of legal, financial and operational challenges. The company is in a standoff with its investors, who are seeking to oust the founder and CEO Byju Raveendran. The company has also missed payments on a $1.2 billion loan and is facing a […]
Ericsson and IIT Kharagpur: A Partnership for AI Research
Ericsson, a leading global provider of communication and information technology solutions, and Indian Institute of Technology Kharagpur (IIT Kharagpur), one of the premier engineering institutes in India, have partnered for a joint research in the field of artificial intelligence (AI), compute and radio technologies. The aim of this partnership is to develop novel AI and […]
No Voting Rights on CEO Change: Byju’s to Investors
Byju’s, India’s leading edtech firm, has refuted the claims of some investors who seek to remove founder and CEO Byju Raveendran from his position. The company said that its shareholder agreement does not give them the right to vote on CEO or management change. Investors demand EGM to oust Raveendran A group of investors, including […]
Ranjan Pai Buys 40% Stake in Aakash Institute: Byju’s Lifeline?
Ranjan Pai, the chairman of Manipal Education and Medical Group, has bought a 40% stake in Aakash Institute, one of the largest test-prep businesses in India, owned by edtech giant Byju’s. The Aakash board has approved the conversion of Pai’s $300 million investment, made during 2023, into equity, valuing the company at around $700 million […]
CPCL and IIT-Madras Collaborate for Green Hydrogen Production
CPCL, a subsidiary of Indian Oil Corporation, has partnered with IIT-Madras to produce green hydrogen from seawater using renewable energy sources. The project aims to cover the entire value chain of hydrogen, from generation to utilization, and reduce India’s dependence on fossil fuels. Green hydrogen is a clean and sustainable alternative to conventional hydrogen, which […]
Tata Capital’s Foray into Higher Education Loan Market
Tata Capital, the flagship financial services company of the Tata Group, has launched a new product in the education loan segment. The company aims to provide financial support to students who want to pursue higher education in India or abroad. The company offers collateral-free loans up to Rs 75 lakhs and secured loans up to […]
Oxford-TCS Partnership Ends, Future Collaborations Uncertain
Oxford University has announced that it has ended its relationship with Tata Consultancy Services (TCS) following technical glitches in online admission tests in 2023. TCS was hired by the university less than a year ago to design and deploy the admission tests for thousands of students annually. However, the university said that it received negative […]