Commercialisation

Commercialisation of education harming its quality, says V-P Dhankhar

Vice President Jagdeep Dhankhar on Saturday said commercialisation of education is adversely impacting its quality which is not good for the future of the nation. Speaking at a function organised by a private educational institute in Rajasthan's Sikar, Dhankhar said, "I see all around that what began as charitable work has now become commerce. Education becoming a business is not good for the future of the nation." Stating that education was never a source of income but a medium of sacrifice and charity to build a healthy society, Dhankhar rued that today it has become a commodity which is being sold for profit, thus adversely impacting its quality. "In some cases, it is even taking the shape of extortion. This is a matter of concern," he said. "While educational institutions should be financially sustainable, it is the responsibility of the industry to nurture them from time to time. Corporate houses should use their CSR funds liberally to build institutions and fund new courses.

Updated On : 19 Oct 2024 | 3:41 PM IST

Pre-institution mediation must for counter-claims in commercial cases: HC

The court clarified that the statutory mandate of mediation must be followed for all suits, including counter-claims, unless they seek urgent interim relief

Updated On : 04 Sep 2024 | 9:16 PM IST

Arya Omnitalk to expand commercial radio services to 100 cities by 2030

Arya Omnitalk plans to expand its professional and commercial radio service operations to 100 cities by 2030, a senior company official said on Monday. The company provides PMRTS (Public Mobile Radio Trunking Services), CMRTS (Captive Mobile Radio Trunking Services) and Broadband Push-to-talk devices to enterprises, security forces etc. Announcing an exclusive partnership with Motorola Solutions for selling its Mototrbo portfolio, Arya Omnitalk CEO Paresh Shetty said the company operates in 18 cities and will obtain licence to operate in more cities after the rules are notified under the new Telecommunications Act. "We currently operate in 18 cities. We are planning to expand operations to 40 cities in the next 18 months and then to 100 cities by 2030. The expansion will start after we get a licence from the government. We are waiting for rules to come under Telecommunications Act 2023 after which we will apply for licences," Shetty said. Its potential customers include municipal .

Updated On : 15 Apr 2024 | 8:19 PM IST

MRF to Meta: Brands bowl cricket fans over with ads, watchdog on its toes

Leading labels from diverse industries such as Coca-Cola, MRF, Royal Stag, Meta and Booking.com are running ad and marketing campaigns with catchy phrases

Updated On : 08 Oct 2023 | 10:50 PM IST

Domestic commercial vehicle sales volume likely to grow by 9-11% in FY24

Domestic commercial vehicle sales volume is expected to grow 9-11 per cent in FY24 driven by medium and heavy commercial vehicles and an estimated economic growth of around 6 per cent, rating agency CRISIL said on Monday. Besides, an increased allocation to infrastructure spending in the Union Budget for next fiscal year will support demand, it said. This would be the third consecutive year of growth in the domestic CV industry, according to CRISIL. Of the total domestic CV sales, the light commercial vehicle (LCV) segment may grow 8-10 per cent while the medium and heavy commercial vehicle (MHCV) sale is expected to register a higher growth of 13-15 per cent in FY24, it said. With strong demand prospects, we expect LCV sale volumes to grow 8-10 per cent next fiscal, and cross pre-pandemic (fiscal 2019) sale volumes. MHCV sale volumes will continue to grow faster than LCVs at 13-15 per cent next fiscal, but are expected to exceed pre-pandemic sale volumes in fiscal 2025, said Anuj