Core Projects renamed as Core Education

Corporate Updates

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August 23, 2011

Core Projects , one of the leading global education solution providers will now be rechristened as Core Education and Technologies Ltd. Sanjeev Mansotra, Chairman and Global CEO, CORE Group said: “CORE Education and Technologies Limited means a lot to us and it is not merely a new name. Reflecting its increased thrust on education, CORE Projects & Technologies Ltd. announced a change in its name.

Announcing the name change, Sanjeev Mansotra, Chairman and Global CEO, CORE Group said: “CORE Education and Technologies Limited means a lot to us and it is not merely a new name. It reflects our commitment to the growth of education in the country since we firmly believe that an educated India will be able to take on the world with great confidence as it dares to dream to emerge as an economic super power by the year 2020.”

CORE has emerged as a major force to reckon with in the rapidly growing education sector with its presence in over 9000 schools pan-India in about a year's period. With quality as its mantra, CORE has made major strides in education thanks to its management, operational, and technical capabilities.

Globally, CORE caters to over 85,000 schools across 20 State Governments in US, 40 Educational Departments in UK, 9 African countries and 12 State Governments in India, touching lives of more than 31 million students.

Pearson Schools launches VSAT EduriteONE Program

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digitalLEARNING Network

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August 23, 2011

Pearson Schools announced the launch of EduriteONE; a VSAT based Engineering and Medical Prep Program to be implemented at one of its schools, Gyansagar International School in Sohagpur, Madhya Pradesh via a live link from its dedicated studio in Bangalore.

Pearson's EduriteOne is a remote delivery education service offering coaching for Entrance Exams and aims to help students engage in participatory sessions with peers and instructors, irrespective of their location. EduriteOne delivers sessions live to the school with state-of-the-art technology and a centralized monitoring system to track class sessions and student feedback.

Pearson Education Services, the parent company will facilitate the implementation of VSAT based program and will provide students staying in remote towns and semi-urban centres access to the best faculty available in the country.

Educomp and Sri Kanchi Kamalkoti Peetam announce tie up

K-12

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digitalLEARNING Network

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August 23, 2011

Educomp Solutions through its subsidiary Educomp Infrastructure & School Management has entered into a joint venture with Sri Kanchi Kamalkoti Peetam to set up a 100 strong chain of schools across the country.

Everonn Plans Rs 150 cr Capex

Corporate Updates

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digitalLEARNING Network

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August 23, 2011

Chennai-based VSAT education network company, Everonn Education Limited, has plans of investing close to Rs 150 crore in the present fiscal. Also, the company plans to venture overseas to include countries like Africa during the current fiscal year. P Kishore, MD, Everonn Education Ltd has said that the company would invest Rs 150 crore in iSchool and Instructional and Communication Technology (ICTs).

The iSchool model is an initiative of the company which combines the orthodox system of learning with digitised content and tools to make learning interactive. The suggested investment will be funded mainly through debt, said Kishore.

Till now, the company has been working with close to 16 states to enable ICT based education on government run schools. Kishore highlighted that out of the Rs 301.62 crore revenue of the company during year-ended March 31, 2011, 22 per cent were contributed by government projects. The company has set a target to increase its topline by 50 per cent during the present fiscal, he added. The company has reported a 43 per cent rise in its revenues in 2010-11.

NIIT Tech acquires Spanish firm Proyecta Sistemas

Corporate Updates

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digitalLEARNING Network

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August 23, 2011

NIIT Technologies acquired Spainish software services firm Proyecta Sistemas de Informacion SA for for USD 7 million. “We will end up paying 70% of the revenue (for acquisition) which is USD 7 million,” Arvind Thakur, CEO, NIIT Technologies, said.

He said the company had revenue of USD 10 million in last financial year and has EBIDTA (Earnings Before Interest, Taxes, Depreciation and Amortisation) of 10%. “From today we will start consolidating revenue of Proyecta with NIIT Technologies,” Thakur added. The acquisition enables NIIT Technologies to enhance its European footprint with Proyecta's experience in travel and financial services segments.

NIIT Technologies' Europe, Middle East and Africa (EMEA) operations contribute 35% to its global revenues. Headquartered in Madrid, Proyecta, with over 100 consultants that industry players in business intelligence, web and mobility applications.Shares of NIIT Technologies closed at Rs 196.25 on 16 August

CBSE to start schools

Policy Matters

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digitalLEARNING Network

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August 23, 2011

The Central Board of Secondary Education (CBSE) has decided to accredit the affiliated schools, once in every three years, in the areas of Academic Processes and Outcomes, Co-scholastic Processes and Outcomes, Infrastructure

Sterlite Technologies to enhance connectivity in Higher Education

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digitalLEARNING Network

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August 22, 2011

Sterlite, a global provider of connectivity solutions for the power and telecom industries, announced that it has been chosen by Bharat Sanchar Nigam Limited (BSNL) to enhance its network for promotion of Higher Education in India.

The scope of the project includes establishment of world-class connectivity for 120 universities across the country. This infrastructure would act as an information backbone, enabling every university in the network to function as an E-university. This platform would facilitate high bandwidth data transmission that is essential for e-learning and video- based learning. Sterlite would connect 30 universities to this backbone during FY12, would connect the remaining 90 universities by FY14 and would manage the network for five years thereafter. Sterlite has streamlined its efforts to implement the network well within the required project schedule. This project is part of the 'National Mission on Education through Information and Communication and Technology (ICT)' undertaken by the Ministry of Human Resource Development (MHRD), Government of India. The Mission has been envisaged to leverage the potential of ICT, in teaching and learning process for the benefit of all the learners in Higher Education Institutions in any time anywhere mode.

EDNERU Ties up with Aircel in Shillong

Higher Education

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digitalLEARNING Network

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August 22, 2011

An EDNERU institute, namely the IGNOU Institute for Vocational Education & Training (IIVET), Shillong has tied up with Aircel Ltd. for a vocationally related Computer Literacy Programme for poor school children from classes 6 – 12. The six months' programme began on 25th July and 240 students will be attending it in the first batch. The other partners in this project are Empower Pragati and Microsoft.

Evernote launches Skitch for Android

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digitalLEARNING Network

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August 19, 2011

Evernote has announced the acquisition of popular image annotation application Skitch. The announcement marks Evernote's first acquisition and first major expansion in its set of products aimed at helping individuals capture their memories, ideas and experiences. Skitch co-founders Cris Pearson and Keith Lang will join Evernote to lead Skitch development and growth.

Evernote also announced the launch of Skitch for Android, the first Skitch mobile application. Intuitive, fun and easy-to-use, Skitch on Mac and Android allow users to capture, annotate and share images. Once annotated, images can be easily shared with Evernote, as well as other applications and services.

Evernote has a long history of developing handwriting recognition and digital ink. The addition of Skitch allows for a dramatic expansion of these capabilities. Today, Evernote and Skitch work well together

Govt identifies Special Focus Districts under SSA

Policy Matters

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digitalLEARNING Network

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August 18, 2011

The Department of School Education and Literacy has identified 389 Special Focus Districts (SFD) under Sarva Shiksha Abhiyan (SSA) for the year 2011-12 on the basis of (a) Programme category gaps, viz. (i) districts with a classroom gap exceeding 3000 classrooms, (ii) districts with more than 20,000 out-of-school children, (iii) gender gap in enrollment exceeding 10 percent at primary and 20 percent at upper primary level, and (iv) retention rate lower than 60 percent and (b) Social category gaps, viz., districts with more than 25 percent Scheduled Caste or Scheduled Tribe population, 20 percent Muslim minority population, as well as districts affected by Left Wing Extremism and Border Area Districts. Several districts have been classified as SFDs under one or more of the above categories.

Districts have been categorized as per the above criteria to enable them to make focused interventions for overcoming specific gaps in their overall endeavor to achieve universal elementary education. The categorisation of districts as SFDs helps the states to plan and implement interventions in a need based manner, with the flexibility of changing these districts from year to year as the parameters change.

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