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Shanti Educational Initiatives Q3 results: PAT jumps 10-fold to Rs 1.95 cr

Ahmedabad-based education services provider Shanti Educational Initiatives Ltd (SEIL) has reported a 10-fold jump in net profit for the October-December quarter on the back of a surge in total income. The BSE-listed company reported more than five-fold jump in total income to Rs 20.94 crore for the third quarter of 2024-25 compared to Rs 4 crore in the year-ago period driven by all-round growth across its entities, the company said in a statement. The company's profit after tax (PAT) was Rs 1.95 crore in the December quarter of 2024-25 as against Rs 16.89 lakh in Q3FY24. For the nine-month period, total income rose more than two-fold to Rs 43.24 crore against Rs 18.80 crore in 9MFY24. Net profit stood at Rs 7.5 crore in April-December FY25 compared to Rs 4.73 crore reported in 9MFY24, the statement said.

Shanti Educational Initiatives Q3 results: PAT jumps 10-fold to Rs 1.95 cr
Updated On : 08 Feb 2025 | 3:51 PM IST

Aakash to invest Rs 100 crore to rebuild Aakash Digital in 2 years

Test preparatory firm Aakash Educational Services plans to invest around Rs 100 crore in rebuilding and scaling up its edtech unit Aakash Digital after it has come out of the control of beleaguered edtech company BYJU'S, managing director and CEO Deepak Mehrotra said. In an interview to PTI, Mehrotra said that as part of Aakash 2.0 journey, the company will scale up Aakash Digital classrooms to cater to students across the country including in those areas where it is not feasible to set up physical rooms. "We have brought the Aakash Digital Program back under Aakash, we are building on it and investing heavily. We believe that over the next 18 to 24 months, we will be spending close to Rs 100 crore on building this programme -- investing in technology, content, teacher capabilities, and delivery. This investment will go into the Aakash Digital Classroom Program," Mehrotra said. BYJU's had acquired a majority stake in Aakash Educational Services (AESL) in April 2021 but due to ...

Aakash to invest Rs 100 crore to rebuild Aakash Digital in 2 years
Updated On : 22 Oct 2024 | 11:15 PM IST

Indian educators to procure 1,000 AI-powered EdTech innovations at Didac

Indian educators will procure more than 1,000 AI-Powered EdTech innovations showcased at Didac India 2024 exhibition, according to a statement. The 14th edition of Didac India, an exhibition and conference focused on education and skilling resources, was organised by Messe Stuttgart India from September 18 to 20 at Yashobhoomi, New Delhi. The event witnessed the unveiling of a diverse array of futuristic solutions and resources with exhibitors from over 20 countries showcasing more than 5,000 Edtech products and innovations, the statement said. "Over 1000 cutting-edge AI products are going to be procured by Indian educators to transform India's education and skill sector," it stated. Domestic and international companies including Roombr, Microsoft, HP, Samsung, LG, BenQ, Up Grad, Teachmint, Viewsonic, Philips, and several others showcased latest innovations in AI, education technologies, drones, educational supplies, IoT, robotics, AV equipment, lab equipment, infrastructure, AR, a

Indian educators to procure 1,000 AI-powered EdTech innovations at Didac
Updated On : 21 Sep 2024 | 4:25 PM IST

Telangana govt orders to provide free electricity in govt edu institutions

The Telangana government on Thursday issued an order providing free power supply to government educational institutions in the state to impart quality education. The scheme will into effect immediately, the Government Order (GO) said. According to the modalities for the scheme's implementation, the DISCOMS (power distribution companies) will create an online portal with logins given to respective departments of all the government educational institutions of Telangana. The secretaries of the concerned departments would finalise the list of institutions to be covered in the scheme and include the same on the online portal. Monthly billing will be done for each institution and will be displayed in the departments' login. The portal would also enable generation of reports pertaining to the consumption, bill amount, historical consumption, billing, payments and others. The portal will be integrated with the finance department to enable the departments to pay the bills to DISCOMS using

Telangana govt orders to provide free electricity in govt edu institutions
Updated On : 05 Sep 2024 | 9:54 PM IST

Educational institutions in Bangladesh reopen after a month of shutdown

Bangladesh on Sunday reopened all educational institutions, including universities, secondary schools and colleges, across the country after more than a month of closure due to violence centring the student-led protests that led to the ouster of Prime Minister Sheikh Hasina. The educational institutions in Bangladesh were closed indefinitely on July 17 to ensure the safety of students in the wake of clashes that erupted during the recent movement demanding reform of the job quota system. The Ministry of Education on Thursday issued a directive to reopen the institutions under its jurisdiction. All the educational institutions reopened on Sunday, after a month of closure. According to Somoy Television, a Bengali news channel based in Dhaka, All concerned have been asked to take necessary steps to resume academic activities in all the educational institutions from August 18 following the instruction of Chief Adviser Muhammad Yunus, a notification signed by deputy secretary Mosammat ..

Educational institutions in Bangladesh reopen after a month of shutdown
Updated On : 18 Aug 2024 | 12:22 PM IST

Is DU planning to teach Manusmriti to law students? What edu minister said

DU Manusmriti row: Education Minister Dharmendra Pradhan clarified that there was no question of teaching any controversial portion of any script in the syllabus

Is DU planning to teach Manusmriti to law students? What edu minister said
Updated On : 12 Jul 2024 | 5:22 PM IST

T-shirts, torn jeans also not allowed in Mumbai college after hijab ban

A city-based college, which has been in news for imposing a ban on hijab, has now also barred students from wearing torn jeans, T-shirts, "revealing" dresses and jerseys, or a dress that reveals religion or shows "cultural disparity". The Chembur Trombay Education Society's N G Acharya and D K Marathe College, in the notice issued on June 27, also said students should wear a formal and decent dress while on campus. Students can wear a half or full shirt and trousers. Girls can wear any Indian or western outfit, it said. The directive came after the Bombay High Court on June 26 refused to interfere in a decision taken by the college to impose a ban on hijab, burka and naqab on its premises, observing that such rules do not violate students' fundamental rights. "Students shall not wear any dress which reveals religion or shows cultural disparity. Nakab, hijab, burka, stole, cap, etc shall be removed by going to the common rooms on the ground floor and then only (students) can move ..

T-shirts, torn jeans also not allowed in Mumbai college after hijab ban
Updated On : 02 Jul 2024 | 2:54 PM IST

Top colleges, care for heritage. Here's what Patna's well-known want

State-of-the-art higher educational institutions, urban renewal with sensitive planning and upkeep of shrinking built heritage are among the post-poll expectations of some of Patna's well-known families. Polling will be held in the two Lok Sabha seats under Patna district -- Patna Sahib and Pataliputra -- on June 1. Both the seats have over 43 lakh electors. Businessman Abhay Kanoria, 59, who comes from an affluent Marwari family of Patna and calls himself a proud Bihari, feels the state has the potential to regain its lost glory. "My expectations for Patna from the government that will come to power, is that it should help establish some state-of-the-art academic institutions here. We have a lot of good schools here, but after 12th, students just want to leave Patna and do not want to study in existing universities in Bihar, as they don't get the quality of education they can get elsewhere," Kanoria told PTI here. He alleged that bureaucratic red tape has "lessened" but still exi

Top colleges, care for heritage. Here's what Patna's well-known want
Updated On : 30 May 2024 | 12:47 PM IST

Edtech firm Aakash Educational Services appoints Deepak Mehrotra as CEO

The appointment of Deepak Mehrotra is part of AESL's strategic vision to enhance its offerings and expand its reach, the company said

Edtech firm Aakash Educational Services appoints Deepak Mehrotra as CEO
Updated On : 08 Apr 2024 | 8:58 PM IST

Australian institutions eye India's vocational educational, training sector

Speaking at an event, Australian High Commissioner Philip Green on Monday said that Australia seeks to play a "bigger part" in India's journey to upskill its population

Australian institutions eye India's vocational educational, training sector
Updated On : 08 Apr 2024 | 5:24 PM IST

Assam to introduce 6 tribal languages as medium of instruction in schools

The other decisions of the state cabinet are - for the protection of land rights of indigenous communities

Assam to introduce 6 tribal languages as medium of instruction in schools
Updated On : 24 Feb 2024 | 8:49 AM IST

Kerala CM urges global standards in research for education institutions

Kerala Chief Minister Pinarayi Vijayan on Sunday stressed on the need for a serious introspection of the inability of the state in achieving global standards in the area of research. He said his government has been spending huge amount in the research sector for the last three years and it is not seen as an expense but as an investment for the future. Kerala is the state which spends the highest amount for disbursing scholarship to students, he remarked while addressing a gathering ahead of an interaction with select college students at the Malabar Christian College here. "We should think seriously about Kerala's inability to attain world-class standards in the area of research. We are failing to achieve in-house excellence. We should think about it seriously and suggest solutions," he said. Listing various programmes implemented by the Left government in the higher education sector, the Chief Minister said their objective was not superficial changes but thorough reforms in tune wi

Kerala CM urges global standards in research for education institutions
Updated On : 18 Feb 2024 | 2:53 PM IST

86.8% children in 14-18 bracket in India enrolled in educational institutes

More than 86.8 per cent youngsters in the 14-18 years age bracket in the country are enrolled in educational institutions, while more than half of them opt for the humanities stream, according to the Annual Status of Education Report (ASER) released on Wednesday. While the report noted small gender gaps in enrolment, it flagged notable differences between age groups. "Older youth are more likely to be not enrolled. The percentage of youth not enrolled is 3.9 per cent for 14-year-old youth and 32.6 per cent for 18-year-olds," the report said. Last year's report showed that the enrolment levels of children in the age bracket of six to 14 years had gone up from 96.6 per cent in 2010 to 96.7 per cent in 2014 and from 97.2 per cent in 2018 to 98.4 per cent in 2022. The report said more than 55 per cent students of Classes 11-12 opt for humanities, followed by science and commerce. It also pointed out that females are less likely to be enrolled in the STEM (science, technology, engineer

86.8% children in 14-18 bracket in India enrolled in educational institutes
Updated On : 17 Jan 2024 | 2:53 PM IST

MeitY unveils domain registration portal for educational institutions

Secretary Krishnan also inaugurated the new conference hall of ERNET India and interacted with officers and staff on the occasion

MeitY unveils domain registration portal for educational institutions
Updated On : 04 Jan 2024 | 10:03 PM IST

'Selfie-points' in universities: What purpose do they serve?

The cult of personality damages democracy as it attempts to short-circuit the mind of the rational voter by discouraging intellectual consideration and debate about national issues

'Selfie-points' in universities: What purpose do they serve?
Updated On : 11 Dec 2023 | 11:22 AM IST
Updated On : 24 Nov 2023 | 2:49 PM IST

Infra push: IT hubs lead surge in price of residential real estate

Hyderabad's Gachibowli logs highest rise in avg prices between Oct 2020 and now

Infra push: IT hubs lead surge in price of residential real estate
Updated On : 23 Nov 2023 | 11:08 PM IST

Delhi's tech institutions should lead in research, innovation: Atishi

Delhi's technical education institutions should lead in the fields of research and innovation, Education Minister Atishi said on Thursday while inaugurating two new state-of-the-art academic blocks at Delhi Technological University. She said the goal of the Arvind Kejriwal-led Delhi government is to provide every student studying in their institutions with excellent facilities. The newly inaugurated blocks at the Delhi Technological University (DTU) are each eight-storeyed and equipped with "world-class modern facilities", Atishi said. These academic blocks will serve as an example where the students will have all the necessary amenities to help shape their careers in the future, she added. "Our technical education institutions should lead in the fields of research and innovation," an official statement quoted the minister as saying. The minister said since coming to power, promoting technical education has always been a priority of the Kejriwal government. "We have consistently

Delhi's tech institutions should lead in research, innovation: Atishi
Updated On : 16 Nov 2023 | 7:14 PM IST

IIM Bangalore test for admission to MBA courses on November 19, January 28

The last date for registration for the IIM-B test scheduled on November 19 is November 15 and the deadline for the second round is January 25. Applicants can take the tests from their homes

IIM Bangalore test for admission to MBA courses on November 19, January 28
Updated On : 16 Nov 2023 | 2:19 PM IST

PhysicsWallah cautiously monitoring market for opportunities: CBO Rashid

Edtech firm PhysicsWallah has said it is cautiously monitoring the market for any opportunities that align with its vision, as it aims to be a sustainable company, not merely an initiative-driven one. The Noida-headquartered edtech company also said it has enough cash in the bank before the next round of fundraising. "We are cautiously monitoring the market for any opportunities that align with our vision, since it is important to be a sustainable company, not merely being an initiative-driven one," PhysicsWallah Chief Business Officer (CBO) Imran Rashid told PTI. The company raised USD 100 million in series A funding from Westbridge and GSV Ventures at a valuation of USD 1.1 billion in 2022. PhysicsWallah, Rashid said, is in an early stage in terms of funding amid a stretched funding winter in the startup space. The edtech firm has recently forayed into offline teaching and established tie-ups with schools. "Schools are an integral part of...education system (in India) because t

PhysicsWallah cautiously monitoring market for opportunities: CBO Rashid
Updated On : 22 Oct 2023 | 4:28 PM IST