Michael & Susan Dell Foundation pumps $1mn into Shiksha Fina

Chennai-based school financing company Shiksha Financial Services India Private Limited has today raised $1 million (Rs 6.7 crore) from the Michael & Susan Dell Foundation in a round that also saw participation from the Aspada Investment Advisors. Incorporated in 2014, Shiksha Finance is an award-winning NBFC that provides loans in the range of Rs 5 lakh– Rs 1 crore to affordable private schools, as well as smaller loans to middle- and lower-income families that find it difficult to fund their children’s education. They finance school-going children from kindergarten to Class XII,…

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Michael & Susan Dell Foundation pumps $1mn into Shiksha Finance

Chennai-based school financing company Shiksha Financial Services India Private Limited has today raised $1 million (Rs 6.7 crore) from the Michael & Susan Dell Foundation in a round that also saw participation from the Aspada Investment Advisors. Incorporated in 2014, Shiksha Finance is an award-winning NBFC that provides loans in the range of Rs 5 lakh– Rs 1 crore to affordable private schools, as well as smaller loans to middle- and lower-income families that find it difficult to fund their children’s education. They finance school-going children from kindergarten to Class XII,…

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Education loan seekers taken for a ride

CHENNAI: The racket usually begins with a message saying, ‘You have been chosen as a lucky customer to avail free insurance for an education loanof 2 lakh.’ Many unsuspecting loan seekers who took the bait have found that they were not so lucky after all. With educational institutionsthrowing open applications for the coming academic season, banking experts are warning people to be wary of such messages or calls. In Tamil Nadu, the highest number of complaints received by the banking ombudsman pertained to education loans during 2015-16, as per an…

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Professors in doubt over value of distance education

Dive Brief: A new survey from Gallup suggests that a predominant number of college and university faculty members, about 55%, are not confident in the outcomes of distance education when measured against traditional learning models. Of a respondent pool of more than 1,600 professors from all private, public and for-profit institutions, 40% said they have taught at least one online class, and 32% believed that learning was possible through digital and traditional classroom settings at any institution. More than 60% of professors with no online teaching experience believe that positive outcomes…

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Mass learning must mean web-based study

Despite what sceptics about university expansion might say, more need not necessarily mean worse. But if expansion amounts to just more and more of the same, then it can do. The UK is a prime example. At the turn of the 1980s, there were some 500,000 students in full-time higher education. Although this was a sixfold increase since the eve of the Second World War, it still accounted for only 13 per cent of 18-year-olds, and was relatively low by Western standards. But by 1995-96, the number of full-time students…

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Teacher’s sabbatical could bring distance learning to Pioneer

WARWICK — Despite budgetary concerns, the Pioneer Valley Regional School Committee granted Emily Beeman, head teacher in the world languages department at Pioneer, a sabbatical. Nine members voted to approve her request, which would be for one year. One member, Sharon Fontaine, was opposed, with Robin L’Etoile abstaining. Beeman intends to use the sabbatical to pursue her second master’s degree at Marlboro College. Many of the members were initially concerned about how Beeman’s sabbatical would affect the budget. Superintendent Ruth Miller estimated it would cost the district between $4,000 and…

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Need some career advice? Ask Mani

My name is Sumeet and I head the HR function for a large private organisation based at Chennai. I have done my master’s in Social Work (HR) and have 13+ years of experience. I’m seeking to upgrade myself and wish to do an executive MBA from a reputed institute. Please suggest good institutes where I could pursue an MBA (or equivalent programme) on a part-time basis. I would recommend that you do a part-time MBA with weekend or alternate day evening contact classes so as to maximise learning from peers…

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Virender Sehwag reveals how MS Dhoni saved Virat Kohli’s Test career

Off-late, Virender Sehwag’s words have generated great curiosity. Be it with his outlandish Tweets, or his bold cricket commentary, the former Indian captain is carrying forward his legacy of playing on the front foot well past his retirement. On one such instance of saying things that most people wouldn’t, Sehwag revealed how current captain of the Indian ODI team Mahendra Singh Dhoni played a pivotal role in guiding Test captain Virat Kohli’s career in the right direction. While doing commentary during the on-going India-England Test at Mohali, Sehwag spoke about…

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‘Innovate, adapt to achieve career goals’

Be innovative and adaptive to new advancements in your respective fields and take calculated risks in your career to reach milestones, said Mohan Narayanaswamy, Managing Director and Chief Operating Officer of iNautix Technologies India, in his address to students of BS Abdur Rahman University, Vandalur, during the 6th Convocation ceremony held on Sunday. Citing a few interesting incidents from the game of cricket, he urged the students to gain proficiency in the subjects they were studying. He distributed degree certificates to 694 engineering graduates on the occasion. Sundaram Fasteners Limited…

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Ashwin leaves England floundering after India’s lower-order surge

India gave a lesson in how to take a grip on a Test match that was in the balance. Firstly their lower order built a commanding lead of 134, anchored around Ravindra Jadeja’s career-best 90 and Jayant Yadav’s maiden Test fifty, then R Ashwin’s three wickets left England floundering on 78 for 4, still 56 behind. The runs from the bottom half of India’s order has been a feature of their recent Test success and here they enjoyed one of their more stellar days. In total the last four wickets…

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