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TCS, HDFC Partner to Invest in Sports Education Startup

Tata Consultancy Services and Housing Development Finance Corporation have together planned to invest in sports education startup – Kids Out Of Home.  Cricket personalities Ajit Wadekar and former Delhi cricket player Sanjeev Sharma have joined as advisors to the Kids Out Of Home.

The company targeted to provide sporting facilities to 3 lakh kids in next three years and it was in the advanced stage to raise fund from a PE firm for around 15% stake.

The company aims to deliver international and professional sports programs and events that are attractive for children; engaging both parents and children simultaneously, with today’s technology to help shape their children’s future.

Other players in the space include Edusports – Seedfund backed sports education solution provider, Sportseed and Leapstart. Edusports was planning to raise around R20 Cr last year to fund its expansion plans. Interestingly in U.S the sports industry is twice the size of the U.S auto industry and seven times the size of movie industry.

India Ranks Second in Education Searches

With over half of the Indian Internet population in the age bracket of 18-35, India has raced to the number two spot globally when it comes to absolute volume of search queries related to education on Google Search, according to a recent Google India study.

India was ranked 8 in 2008, and is now behind only to the US, reveals a study titled ‘Students on the web’ compiled by Google India.
The study was compiled by combining Google search query patterns and an offline research conducted by TNS Australia on behalf of Google India. Over 60 percent Indian students, who have access to Internet, use it as their first source to research for information related to educational courses and institutes, the study reveals.
Education related queries on Google in India are growing at over 46 percent year on year, that highlights strong demand for information on institutes and courses that are available in the country.

Out of all education related search queries on Google, over 40 percent of queries were for higher education courses and institutes.
Search queries from mobile phones have considerably grown showing a growth of over 135 percent and amounting to over 22 percent of all education related search queries.Among the courses being searched for on Google, IT or Vocational accounts for 44 percent followed by engineering courses (40 percent) and institutes, postgraduate courses with MBA (16 percent).
The study also found that students take anywhere close to 5-6 months on an average to research before finalising the institute and course.

Nearly 80% B-school pass-outs are unemployable, says study

The employability of management graduates in India has declined in the past five years, as only 21 per cent of MBAs surveyed are ’employable’, a study has said.
According to the MBAUniverse.com–MeritTrac employability study 2012, which covered 2,264 MBAs from 29 cities and 100 B-Schools, beyond the Top 25, only 21 per cent are employable.
The previous study of 2007 by MeritTrac had placed employability index at 25 per cent.
However, the number of MBA seats in India has grown almost four fold — from 94,704 in 2006-07 to 3,52,571 in 2011-12 —- resulting in a five-year compounded annual growth rate of 30 per cent, but their employability rates have fallen, the study said.

The students were tested for verbal ability, quantitative ability and reasoning by using internationally standardised tests on behalf of recruiting companies.
The index of employability, at 21 per cent mark leaves scope for improvement considering that organisations hire from this talent pool for strategic roles and this is the managerial pool that companies bank on, the study pointed out.
”The results of 2012 employability report covering 2264 B-schools students from 29 cities are quite startling. This report clearly brings out the employability gaps across various competencies and highlights the need for scientific examinations and tests to align the candidate skills to employability metrics.” says S Murlidhar, CEO and director, MerittTrac Services.

Bengal CM Inaugurates First Pvt University of the State

Chief minister Mamata Banerjee has inaugurated the first private university of the state. The CM announced the inauguration of the state’s first private University — The Techno India University. “We passed the bill in the assembly within seven days to have a private University. In the last one year, we are coming up with three new universities, the Kazi Nazrul University in Asansole, Panchanan Barman University in Coochbehar ad now this Techno India University at Rajarhat. the CM said. “After we came to power, we brought a bill to set up this engineering university in the private sector by Techno India group,” she said.
The Techno India group chairman said the state government asked it to provide free education to 10 per cent students and half free to five per cent which was accepted.

AICTE to Give Rs 1crore Seed Capital for Research Parks

Research Park
Research Park

The All-India Council for Technical Education (AICTE) has decided to fund institutes with Rs1 crore to set up research parks under its research park initiative, in order to encourage research activities among students. A research park is a research facility that is often linked with a major research university. There purpose is to create linkages between the university, industry and the community. To combine knowledge assets of a community with local business expertise in order to generate highly qualified individuals for high paying jobs is the reason behind the establishment of research parks.
The AICTE is also going to offer other schemes to encourage research work. The top 100 research students will be placed at the CSIR (Council of Scientific and Industrial Research) and DRDO (Defence Research and Development Organisation) laboratories.

Haryana Begins New Scheme for Personality Development

Chief Minister Bhupinder Singh Hooda
Chief Minister Bhupinder Singh Hooda

The Haryana higher education department has started a new scheme for over all development of personality of students, Education Minister Geeta Bhukkal said.

It has been implemented under Human Resource Development Scheme in all government colleges of the state during current academic session.

She said that under the new scheme, various cultural activities including activities related to music, dance, short play, skit, mimicry, folk and classical dance would be organised and prizes would be given in each category.

She said professional artistes would also be invited in government colleges to hold concerts and programmes to inspire the students.

HCL Acquires Edurix to Strengthen its Content Capabilities

HCL Infosystems Ltd announced the acquisition of Edurix, a part of Attano Media and Education Private Ltd. Edurix designs and implements content for the K-12 education segment. The business transfer between HCL Infosystems and Attano has been completed and included transfer of all fixed assets, IPR and the Human Resources of Edurix. The acquisition by HCL Infosystems brings in-house content capability to its education and learning division, HCL Learning. The acquisition would supplement HCL Learning’s current offerings across the various segments – K-12, Higher Education and its Career Development Centre (CDC). HCL Learning would also have the flexibility to develop and customize content for tablets, dongles and online platforms.

Speaking about the deal, Anand Ekambaram, Senior VP, HCL Infosystems Ltd and Head, HCL Learning said, “HCL Learning is presently in a high growth phase and is poised for greater expansion. The acquisition of Edurix would further strengthen our content capabilities for the K-12 segment and bolster our offerings across different platforms and devices. Content differentiation combined with our technology capabilities will ensure that we provide best in class learning solutions to our institutional and individual customers.”

Apart from strengthening its operations in India, the acquisition will facilitate HCL Learning’s access to international markets and supplement growth in emerging markets like South East Asia, Middle East and Africa. Edurix has more than 150 employees in its two offices in Mumbai and Chennai. The integration of the Edurix’s business and teams with HCL Infosystems are currently underway.

Availability of rich content is one of the key drivers today in the adoption of technology enabled Learning solutions by individuals and educational institutes. HCL Learning, through this acquisition is poised for further growth and will be able to provide a more interactive and engaging learning environment including rich additional content such as game based or outcome based learning. The business has also been registering good growth and booked over 3300 classrooms for its Digischool solutions in the quarter (January – March 2012), which represents growth of 300 percent QoQ in terms of classrooms. In April 2012 the business also launched two tablet versions of the innovative MyEduTab – K12 and Higher Education versions for schools and colleges respectively. MyEduTab is “Education on the Move”, comes along with high quality engaging content and enables students, teachers, and parents to connect, collaborate and share information as well as content over the Cloud.

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Tamil Nadu to Challenge AICTE Eligibility Norms in Court

The State Government has decided to once again challenge the higher minimum eligibility marks fixed by the All India Council for Technical Education (AICTE) for admission into engineering colleges. This year, the AICTE had mandated that only students with a minimum aggregate score of 45 per cent would be eligible to enrol in BE/BTech courses under the Open Competition category. For students belonging to reserved categories (BC, MBC and SC/ST), the AICTE had fixed the minimum eligibility aggregate at 40%.
However, in TN, the prevailing policy allowed SC/ST students with a mere pass mark of 35 per cent to qualify for engineering admission. Soon after the AICTE notification came into force, the Higher Education Department had challenged it in the HC and sought to relax the norms to allow all Plus Two passed students to join engineering colleges. But, in a space of a week, Justices K Chandru and V Ramasubramanian had separately dismissed the pleas holding that relaxing norms would dilute the standards.

Harvard, Stanford Transforming Education with Free Online Course

A growing number of elite universities are throwing open their digital doors to the masses. They’re offering their most popular courses online for no charge, allowing anyone with an internet connection to learn from world-renowned scholars and scientists.
Many colleges have offered web-based courses for years, but the participation of top-tier research universities marks a major milestone in the expansion of digital learning.
With the rising costs of obtaining a university education, many potential students have been left behind, and it is thought that this online revolution is going to change all of that. With these courses, student debt and the costs of relocating to another part of the country (or even the world) to get a decent education are no longer constraining students to the point where they finally give up; they can now choose to apply for these free from anywhere in the world.
Some institutions are choosing to charge for the courses that they allow students to enroll in online, but these learners will be working towards a qualification, and the overall expenses are still expected to be much lower than traditional brick-and-mortar establishments. Online course offerings are set to assist with regards to the rising costs traditionally associated with a qualification, including tuition and the lowered budgets of the university’s themselves.

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