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Education & Skill Development

The Union Cabinet has approved the revised cost of estimates for setting up 13 new Central universities. The universities are to come up in Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir (two), Jharkhand, Karnataka, Kerala, Orissa, Punjab, Rajasthan and Tamil Nadu. An expenditure of Rs. 3,639.32 crore has been approved for the recurring cost […]

The Indian Institute of Technology, Kharagpur will launch a six-month Artificial Intelligence (AI) course at three centres in the country. The courses, which will begin from March this year will be offered at IIT KGP’s Kolkata facility, at IIT KGP’s Kharagpur campus and at a rented premise at Bengaluru. https://economictimes.indiatimes.com/industry/services/education/iit-kharagpur-to-launch-6-month-artificial-intelligence-course/articleshow/67472973.cms

Given the limited fiscal space to increase the expenditure on social services, such as education and health, it is essential for the governments of developing countries like India to enhance their public spending efficiency by generating the maximum potential benefit for its population within the given budgetary resources. With India spending about 2.7 per cent […]

Universities in the UK are keen on forging deeper collaborations with Indian universities and companies, for which the UK India Business Council (UKIBC) is pushing for easing of norms in India. The council is also preparing to launch an online platform in March to match skill needs of Indian companies with those that can be […]

Indian Institutes of Management (IIMs) are revamping their courses and even the pedagogy for the class of 2019-21, as they seek to make those more industry-relevant. The incoming batch can expect more role plays, live projects, experiential learning through outbound activities and interactive teaching sessions with not just faculty members but also people from industry. […]

Global private equity buyout funds General Atlantic and KKR & Co are in separate discussions to acquire about 75% stake in preschool chains EuroKids, Kangaroo Kids and Billabong High. EuroKids owns Kangaroo Kids and Billabong High. The PE funds are in talks to acquire stakes held by domestic private equity fund Gaja Capital and Swiss […]

The Indian Institute of Technology Madras (IIT Madras) said it was going to establish a joint research cell in collaboration with two Japanese manufacturing firms. The premier engineering institute signed a memorandum of understanding (MoU) with Japan’s alfaTKG Co. Ltd. and OKABE Manufacturing Co. Ltd. for collaborating in the core areas of the manufacturing sector […]

Cox & Kings, India’s leading travel company, has agreed to sell its education business to Midlothian Capital, a UK-based consumer-focused investment firm, for an enterprise value of 467 million pounds (Rs 4,387 crore). The company had inherited the education-travel services business following its acquisition of UK-based Holidaybreak in 2011. The transaction is subject to regulatory […]

The Union Cabinet on Wednesday sanctioned Rs 3,074 crore for the establishment of permanent campuses of two new Indian Institutes of Science Education and Research (IISERs) in Andhra Pradesh’s Tirupati and Odisha’s Berhampur cities. Union Law Minister Ravi Shankar Prasad made the announcement after a cabinet meeting chaired by Prime Minister Narendra Modi. The Minister […]

Indian Institute of Technology Madras, Tuesday signed a memorandum of understanding with the Tamil Nadu e-Governance Agency here, to enhance data driven governence in education, health care and agriculture sectors. “We believe that by teaming up with the TNeGA we can contribute towards multiple pillars of the government, covering areas such as education, health-care and […]