Mexus Education announces edutainment retail foray with Iken Store

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July 15, 2010

Mexus Education, an education innovations enterprise, announces their strategic foray in education retail with the launch of Iken Store, India's first edutainment store, in Mumbai yesterday. This will be the first store launch in Mumbai, in a chain of branded stores across India, which will feature innovative educational products under the brand name 'Iken'. The concept of Iken Store is poised to introduce the realm of 'edutainment' to Indian audience. It aims to redefine the way India studies. Mexus Education is committed in creating a state-of-the-art learning experience for all learners. Starting with 7 flagship Iken stores in the next 5 months, the company plans to step up to 500 Iken Stores pan India in next 3 years through mix of company owned and company operated (COCO) stores and Franchise Owned Stores. In total, the company will open its own in Delhi, Vapi, Bangalore, Kolkata, Chennai, Indore apart from Mumbai during this financial year.

Speaking on the occasion, Saurabh Saxena, Director, Mexus Education, said, 'Iken Store will establish our presence in education retail which has tremendous potential in an emerging marketing like India. There are approximately 10 CR students in 90,000 private schools in India currently and they spend close to INR 50,000 CR annually on educational products and services other than school fee. With this foray, we wish to gain the first movers advantage and re-define education retail in India by being pioneers through innovation backed with cutting-edge technology and content.' Globally, the educational retail market is well defined and developed with several brands investing heavily into Product Development for learners across all age groups. These products have targeted the curricular segment as well as hobbies and extra-curricular segment. The 'Iken store' embodies the practical & hands-on learning philosophy of Mexus Education. The store format is unique in its design and has been formulated to optimize space across all locations keeping children in mind. Iken store will be the access point where parents and students can have a first-hand experience of the Iken range of products. In the first leg of operations, Iken store will operate as an exclusive store for Iken products. However, it will showcase other stationeries but under the brand Iken.

IndiaCan and NDTV Worldwide Launch a Programme in Broadcast Journalism in India

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July 15, 2010

IndiaCan and NDTV Worldwide today announced a strategic partnership to launch a programme in broadcast journalism across the country. NDTV Worldwide, part of the NDTV Group, India's first and leading private broadcaster for news, current affairs and lifestyle television and IndiaCan, a joint venture between Educomp (India's largest education company) and Pearson (an international media company with world-leading businesses in education, business information and consumer publishing), have entered into an arrangement for introducing a broadcast journalism training programme that leverages the strengths of both partners. Broadcast journalism today is an exciting and fulfilling career, pitching its practitioners at the heart of extraordinary changes in one of the world's most dynamic societies. With the growth in the broadcast media space across India, more specifically in regional television, the programme aims to address the requirement of the industry – quality candidates equipped with fine journalism skills and the necessary practical experience.

'This alliance between India's leading private broadcaster NDTV & IndiaCan is the start of a new journey in the field of broadcast education for the young aspiring minds of today. It will throw up an enormous opportunity to the large student base in the country to develop an unparalleled expertise by leveraging the rich experiences of the partners,' said Srinath Venkatesh, Head, Vocational Business, IndiaCan. 'NDTV's Media Institute is proud to partner with NDTV Worldwide and IndiaCan in offering students across India an opportunity to train with latest methodologies of broadcast journalism. The success of our courses under the NDTV Media Institute gives us a huge leveraging platform to expand the training course across India,' said Sanjay Nigam, CEO of the NDTV Media Institute.

Monster says max job growth in June in Education

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July 15, 2010

Monster India mentioned that job opportunities continued to expand for the seventh month in June. The education sector saw the strongest demand with a nine percent rise last month over the previous month. Production and manufacturing followed closely with a seven percent rise in opportunities. The hiring in the banking, finance and insurance showed a growth of three percent. The index estimates job demand footed on a real-time review of employment opportunities culled from a large representative selection of online job sites, including Monsterindia.com. The index had monitored 13 cities out of which Kolkata recorded the largest increase in job availability while Chandigarh saw the steepest decline, falling almost nine percent.

Education Initiative by UTI Mutual Fund

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July 15, 2010

On Tuesday 13, 2010, UTI Mutual Fund announced launch of its investor education initiative. The initiative is to create awareness among people about the concepts of financial planning and benefits of investing in mutual funds. As part of the initiative, christened as Swatantra, three UTI knowledge caravans will travel from Porbandar, Jammu and Guwahati across the country to spread awareness about financial planning. The press release of the same indicated that during the journey, investors meets will be held in various centres and that the initiative is in partnership with the Ministry of Corporate Affairs. The agreement was signed by UTI AMC Chairman, UK Sinha, BPCL Chairman and MD, Ashok Sinha and Corporation Bank CMD, JM Garg.

Toshiba and Intel partner to provide PC for education

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July 15, 2010

A tablet PC designed to facilitate learning in education, the CM1, is to be commercialised as a part of joint planning between Toshiba and Intel. Intel will be commercializing the CM1 to promote ICT education on a global basis with Toshiba. The tablet PC's monitor rotates 180 degrees and equips a 10.1-inch touchscreen LCD that supports pen input with a slip-resistant rubber coating. This new provision is to support students to practice handwriting and experience an enhanced learning process.

The LCD comes with a power-saving LED backlight. Weighing approximately 1.8kg, students can easily carry it to their schools or learning centers. Apart from this, to foster the ICT environment, the companies have planned to demonstrate the CM1 tablet PC at schools. The new CM1 tablet PC will be introduced in the beginning of August, 2010 in the Japanese market.

Intel appreciates Zinox Computers for its effort in Africa

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July 15, 2010

Intel Corporation lauded Zinox computers for it's outstanding contributions to ICT education in Nigeria. Reportedly, Intel recounted that since last two years Zinox has relentlessly engaged in educational ICT projects and successfully deployed Intel powered classmate PC projects to 210 secondary schools in the country. This also comprises of the wireless internet connectivity and training of teachers as ICT champions.

In May 2010, the Federal Government of Nigeria approved that Zinox may carry out its initiative of carrying out Intel-powered classmate PC projects to an additional 201 secondary schools across the country. Zinox, therefore, deployed over 80% of all Intel-powered classmate PC projects in Nigeria.

HP emphasises on its commitment to ICT initiatives

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July 15, 2010

Recently, HP announced and reassured its support to Department of Education, Government of Rajasthan, whereby over 222 Higher and Higher Secondary Schools in Rajasthan are to receive benefits of using 250 HP computers. Additionally, this initiative of the Minister of State for Communications and Information Technology (IT), Shri Sachin Pilot, supports the dynamic digital learning environment for Madrasas and for students with special needs. This is aligned to HP's vision of bringing PC access to more students, empowering students to learn beyond the classroom with the latest technology solutions; and helping them cultivate specialized professional skills to take them from basic computer literacy to being able to collaborate, create and solve problems through technology.

ICT initiatives explored by Abu Dhabi Media Company

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July 15, 2010

Abu Dhabi Education Council (ADEC) was visited by a team from Abu Dhabi Media Company (ADMC) to explore the recent ICT initiatives implemented by ADEC. Briefing was provided to the team members on Identity Management (IDM) that was launched by ADEC, comprising of a system that is to enable staff and teachers to use various innovative applications such as ADEC's Active Directory, ERP system and e-mail service. The visiting team was briefed on the ADEC Web Portal based on MS SharePoint 2007 technology. With enormous capacity for storing information, data and documents, the portal protects information security and privacy and supports business and users by providing services that can improve work efficiency.

ICT resource DVDs to teachers in Kerala

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July 15, 2010

A Kerala initiative, IT@School project, to impart IT education in schools has developed a Resource DVD to distribute among high school teachers in order to provide for complete Information and Communication Technology (ICT) enabled educational system. It was reported that the Resource DVD, which is supposed to be first of its kind in the country, comprises of various tools, software and features which were in line with the new ICT syllabus.

Developed on a free software, the resource DVD, reportedly can be used in any computer or Laptop, would be distributed to 60,000 high school teachers in the state. It was also mentioned by IT@School Project Executive Director K Anvar Sadath, that the teachers had also been given direction to use this technology while teaching their subjects also, thereby enabling the new ICT STD e textbook to be a reference book for teachers in this regard. Additionally, the DVDs are to include the PDF versions of various textbooks, latest versions of free application softwares.

IGNOU with NIIT Launches MBA Program for Professionals

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July 12, 2010

IGNOU- world's largest Open University and NIIT- leading Global Talent Development Corporation and Asia's largest IT trainer, today launched industry-linked Partnership Programs for enhancing employability of the youth. The Partnership Programs were unveiled by Prof. V.N. Rajasekharan Pillai, Vice-Chancellor, IGNOU and Rajendra S Pawar, Chairman, NIIT. Also present on the occasion were Shashi Bhushan, Reader, SOCIS, IGNOU; Dr Neeta Kapai, Head, Campus Placement Cell, IGNOU and Mr. G. Raghavan, President-Global Individual Learning Business, NIIT.

Under this significant partnership IGNOU and NIIT will offer cutting edge Executive MBA Program and BSc (IT) for International Markets. Also on offer are a bouquet of Finishing School Programs in BPO training, IT skills and professional skills, designed to make students job ready for the emerging knowledge economy. The Executive Management Program from IGNOU and NIIT is specially designed and customized for working professionals to equip them with contemporary business management skills and prepare them for career advancement opportunities.

Speaking on the launch of the Partnership Program Prof. V. N. Rajasekharan Pillai, Vice-Chancellor, IGNOU, remarked, 'I am pleased to launch the executive MBA Program for working professionals in India and BSc (IT) for International markets, in partnership with NIIT. This is in continuation to IGNOU- NIIT collaboration, wherein we had recently announced Finishing School Programs for enhancing employability.'

According to Employment Trends Survey 2010 by Ma Foi, the organized sector in India is set to create close to a million new jobs in the year 2010 -2011. Demand for job-ready, employable talent will come from varied sectors such as BFSI; IT & ITeS; Education, Training & Consultancy; Healthcare; Hospitality & Travel; Real Estate & Construction. In IT & ITeS sector alone, as per the latest industry figures announced by NASSCOM, an additional 1,50,000 jobs are expected to be created in FY 10-11. Soft skills have become imperative today, to enhance competitive edge in these fields. The Finishing school programs will assist students in developing necessary skill sets to avail this opportunity.

Rajendra S Pawar, Chairman, NIIT said, 'The executive MBA program will set a new precedent in providing inclusive management education for working professionals.' Students' opting for IGNOU-NIIT programs will get placement support from NIIT. IGNOU will approve admission, design curriculum, consolidate results and award degrees, while NIIT will design and develop the programs in consultation with IGNOU, market the programs and carry out the education delivery as well. The programs will be delivered at NIIT premises through qualified instructors. IGNOU and NIIT entered into Global Partnership in Education earlier this year to collaborate in various domains like Information Technology, Management, both for its India and outside India operations.

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