NBFC Indian School Finance plans to raise $30-35 million from PE investors

 Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational institutes and coaching classes to help them build their infrastructure such as setting up of computer and science labs, construction of additional floors or wings in existing premises or for…

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Now, explore Egypt’s Great Pyramid from the inside, thanks to virtual reality

A team of scientists who last week announced the discovery of a large void inside the Great Pyramid of Giza in Egypt have created a virtual-reality tour that allows users to ‘teleport’ themselves inside the structure and explore its architecture. Using 3D technology, the Scan Pyramids Project allows visitors wearing headsets to take a guided tour inside the Grand Gallery, the Queen’s Chamber and other ancient rooms not normally accessible to the public, without leaving Paris. “Thanks to this technique, we make it possible to teleport ourselves to Egypt, inside the pyramid, as a…

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GATE-like test for students with engineering degrees from these 3 deemed universities

Days after the Supreme Court cancelled engineering degrees granted since 2001 by three deemed universities through the distance education mode, the Union HRD ministry has called a meeting of the University Grants Commission (UGC) on Monday to protect the interests of hundreds who could be affected by the move, people familiar with the matter said. JRN Rajasthan Vidhyapeeth University, Udaipur; Vinayaka Mission Research Foundation, Salem, Tamil Nadu; and IASE Deemed University, Rajasthan — have been conducting distance engineering programmes without necessary approvals, including that from the UGC or the All India Council…

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At IIM Ahmedabad, it’s time for lessons from the Panchatantra

At IIM Ahmedabad, students of PGP (postgraduate) and PGPX (executive postgraduate) programmes recently learnt some valuable lessons from India’s ancient fables, the Panchatantra. Leaving regular classes undisturbed the two-week course, conducted after dinner from 9 to 10.15 pm for 25 students, was non graded. The management lessons were based on the understanding and interpretation of conflict in the Panchatantra. These were initiated on an experimental basis by Professor N Ravichandran, faculty in production and quantitative methods area at IIMA. About 25 stories from the Panchatantra were discussed with five classes covering…

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From a snake as snack to crocodile meat as an antidote for a bad heart — in the Philippines

In the Puerto Princesa Public Market, pink duck eggs lay stacked next to white hen and pied quail eggs, eggs so pink that a flamingo would want to borrow it for its plumes. The crowd was milling in the Philippine island of Palawan and I heard a voice piping in the clamour of a marketplace. “Want an embryo for a snack?” After a long day rowing inside an underground river, one of the New Seven Wonders of Nature, I sure required nutrients. But an embryo? I thought my ears were…

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CBSE NEET 2017: Meet the four toppers from Muktsar, Indore and Bengaluru

New Delhi: The 17-year-old son of a Punjab school teacher, two close friends from Madhya Pradesh and a Delhi Public School student from Bengaluru, on Friday, bagged the first four positions in the National Eligibility cum Entrance Test (NEET), an all-India examination for admission to medical and dental colleges. The Central Board of Secondary Education (CBSE), which conducts the examination, announced the results on Friday morning, ending weeks of suspense that saw the Madras high court withholding the outcome before the Supreme Court cleared it. Launched in 2016, the NEET…

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UPSC exam results: Saumya Pandey from Allahabad gets fourth rank

Saumya Pandey, a gold medallist from the prestigious Motilal Nehru National Institute of Technology (MNNIT), Allahabad, secured fourth rank in Union Public Service Commission (UPSC) examination, results of which were declared on Wednesday. A trained classical dancer, Saumya said her aim of becoming a civil servant is to serve the society on a large scale as in the role of an electrical engineer, which she completed in 2015, she would have been serving just a section of society. Saumya, a trained Kathak dancer from Prayag Sangeet Samiti, is also a…

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Australia to ban convicted paedophiles from travelling abroad ‘World-first’ measure aims to tackle problem of sex offe

14 hours ago 56 Click to follow The Independent Online Foreign Minister Julie Bishop Jason Reed/Reuters Australia plans to ban convicted paedophiles from travelling overseas in what the government said is a world-first move to protect vulnerable children in South East Asia from exploitation. Australian paedophiles are notorious for taking inexpensive vacations to nearby South East Asian and Pacific island countries to abuse children there. Foreign Minister Julie Bishop said she would cancel the passports of around 20,000 paedophiles on the national child sex offender register under legislation that will…

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TV singing champ from Noida scores 93% in CBSE 12th boards battling all odds

On the first day of the month of Ramzan, 17-year-old Minnatullah gave his Noida-based family a gift they will remember for ages — he scored 93% marks in his class 12 boards. What makes his achievement sweeter is that Minnatullah has already made a name for himself in the world of music. All this despite the fact that he comes from a family of meagre means. A former participant of popular talent hunt show Sa Re Ga Ma Pa Li’l Champs, Minnatullah is a celebrity among his classmates at Delhi…

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From NYC to Paris: Why be a tourist when you can explore like a local?

In London, the most popular attraction for tourists is The Tower of London. For locals, that changes to Borough Market. In New York, tourists are more likely to check in to the Hard Rock Café. But when it comes to eating at a restaurant chain, locals in the know prefer eating at the burger joint Shake Shack. That’s according to a breakdown by TripAdvisor, which created a chart comparing the most popular places of interest among tourists and locals in cities around the world. For the lists, analysts looked at…

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