ITI

In an order dated January 17, the directorate general of training (DGT) - apex organization under the MSDE to develop vocational training programs de- affiliated 449,000 seats in a total of 5,848 ITIs

Tripura Chief Minister Manik Saha said the state government has signed a Memorandum of Agreement (MoA) with Tata Technologies Ltd on Wednesday to upgrade 19 Industrial Training Institutes (ITIs) in the northeastern state. Of the Rs 683.27 crore upgradation plan, Tata Technologies Ltd will pay 86 per cent while the state government will pay the remaining 14 per cent. Besides, the state will separately spend Rs 107 crore to improve infrastructure in the existing ITIs. The upgradation plan will be implemented in five years. "After intense discussion, the state government signed a Memorandum of Agreement (MoA) with Tata Technologies Ltd today to upgrade the 19 ITIs operating under the Industries and Commerce department. This is aligned with Prime Minister Narendra Modi's wish to acquire skill", he told reporters. Saha said the ITIs have been offering old courses which have no job prospects nowadays and the pass-out students used to find it difficult to get jobs. "Under the upgradation

Shares of ITI hit a record high of Rs 378 on rallying 20 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes

The Assam government has decided to reserve 3.24 per cent seats under the OBC quota in Industrial Training Institutes (ITIs) for Ahom, Moran, Matak, Chutia and Koch-Rajbongshi communities. The decision was taken at a cabinet meeting, chaired by Chief Minister Himanta Biswa Sarma, held in New Delhi on Wednesday night. According to a cabinet communique shared by Sarma on Twitter, a total of 786 seats, representing 3.24 per cent, have been reserved under the Other Backward Classes (OBC)/ MOBC (More OBC) for students from the Ahom, Moran, Matak, Chutia and Koch-Rajbongshi communities. Tea garden and ex-tea garden communities are already availing 5 per cent reservation within the OBC/MOBC category, it added. Assam's Moran, Motok, Chutia, Tai-Ahom, Koch-Rajbongshi and Tea-Tribes communities have been demanding ST status for many years. The cabinet also decided to rename the Food, Civil Supplies and Consumer Affairs Department as Food, Public Distribution and Consumer Affairs ...

Facing acute shortage of manpower in the micro small and medium enterprises (MSME) segment, the Andhra Pradesh Chambers of Commerce & Industry Federation (AP Chambers) on Friday requested the State government to usher in some fundamental changes so that polytechnic students do not get wooed away by the software industry from core engineering streams. Potluri Bhaskar Rao, president, AP Chambers wrote to C Nagarani, director of Technical Education, that the situation is not conducive for industry in the southern state as students are being "brainwashed" not to pursue careers in mechanical, electrical, civil and metallurgy engineering streams but to go after only white collar software jobs. "From the recent interactions by the industries with the parents and students from different colleges, we understood that parents are forcing children to pursue careers only in information technology as software industry is more remunerative," said Rao in a press note shared by AP Chambers. Rao ..

The candidates can check and download NCVT MIS ITI scorecard on the official website- ncvtmis.gov.in

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore, currently

The stock surged 10 per cent to Rs 115 on the BSE in early morning trade after the company announced it has received order worth of Rs 1,011 crore from Gujarat Fibre Grid Network Limited.

After remaining sick for 16 years, ITI had turned profitable in FY18 by posting a net profit of Rs 1.02 billion

The stock rallied 20% to Rs 112 on the BSE on back of heavy volumes.

The stock soared 19% to Rs 121, also its 52-week high on BSE on back of heavy volumes.

The stock moved higher by 8% to Rs 81, its highest level since January 8, 2008 on BSE

Profits were aided by Rs 484 cr jump in other income, which is largely revenue grant for employee benefit expense to the phone maker