British firm to invest $30 mn in India’s education sector

September 30th, 2009 NEW DELHI - India's top construction and engineering firm Larsen and Toubro (L and T) has said it planned to invest 500 million dollars to build nuclear reactors, hoping to tap Indian orders for power projects. Talking to reporters here on Tuesday L and T chairman and manging director A.M.

September 24th, 2009 SYDNEY - Indian and Chinese students are fuelling Australia's education sector growth, latest statistics show. Indian student enrolments in the country reached 121,000 by this June.

September 15th, 2009 NEW DELHI - The Public Private Partnership (PPP) model is being looked at for some of the Innovation Universities that are to be set up by the Government (the 11th Five Year Plan proposes the establishment of 14 such universities aimed at world class standards). The Government is already in the process of involving a PPP model in school education, said Union Minister for Human Resource Development Kapil Sibal while meeting with Minister for Trade, Investment and Business of the United Kingdom, Lord Mervyn Davies.

August 5th, 2009 Britain's services sector growing fastLONDON — Britain's services sector grew at its fastest rate in nearly a year and a half during July, a closely watched survey showed Wednesday. The Chartered Institute for Purchasing and Supply said its monthly purchasing managers index for the services sector rose to 53.2 in July from 51.6 in June.

July 24th, 2009 NEW DELHI - Renewable energy player Astonfield will invest around $2 billion in India over the next five years to generate about 1,000 MW of power, most of it from solar sources, a top official said Friday. "We are going to make an announcement in the next 30-60 days.

July 2nd, 2009 NEW DELHI - The Union Cabinet today approved providing free and compulsory education to children aged 6-14 by giving its nod to the Right of Children to Free and Compulsory Education Bill 2005. Earlier announcing the government's agenda for the education sector in the next 100 days, Union Human Resource Development Minister Kapil Sibal had said that enactment of the Bill - also known as the Right to Education Bill - will be followed by the notification of the 86th Constitutional Amendment in the official gazette.

June 24th, 2009 NEW DELHI - Pearson, a Britain-headquartered education and information company, will acquire 50 percent stake in Indian education resource provider Educomp Solutions for $17.5 million as part of an agreement signed between them Wednesday. The two companies will offer skills training as part of the agreement, a joint statement from the companies said.

June 12th, 2009 NEW DELHI - The United Arab Emirates Minister of Foreign Affairs Sheikh Abdullah Bin Zayed Al-Nahyan met the Minister for New and Renewable Energy, Farooq Abdullah on Friday, for collaboration in the renewable energy sector. "Since ages, India has had good relations with UAE.

June 4th, 2009 NEW DELHI - Calling the youth India's greatest strategic resource, President Pratibha Patil Thursday said the challenge before the country was to invest in their education, employability and employment. Over 50 percent of our population is below 25 years of age and their creative energy is our greatest strategic resource.

June 1st, 2009 NEW DELHI - Human Resource Development Minister Kapil Sibal has said that the Central Government is keen to pass the Right to Education bill in the ensuing budget session of the parliament. Speaking at an Education Fair hosted by the country's apex forum of corporate sector, the Associated Chambers of Commerce and Industry (Assocham) here on Sunday, Sibal expressed concern on the number of Indian student dropping out from schools.

May 25th, 2009 NEW DELHI - The Congress-led coalition government at the centre may not offer any further fiscal stimulus as the mounting fiscal deficit has left little room for more such measures, a senior cabinet minister said here Monday. I don't know whether the fiscal deficit we have has left any room for another stimulus...

April 28th, 2009 NEW DELHI - Hero Motors Ltd, part of the Hero Group, has bagged a $250-million order from a Canadian manufacturer of recreational vehicles, the company announced Tuesday. The order from Bombardier Recreational Products (BRP) is for supplying transmissions for the Canadian company's vehicle range that includes all-terrain vehicles, motorcycles and snow-mobiles.

April 17th, 2009 CHANDIGARH - British Columbia will invest Rs.60 lakh in Chandigarh to set up an office of its in-market business investment and skills liaison representative, a senior official of the Canadian province said here. 'British Columbia Premier Gordon Campbell chose the Baisakhi parade in Vancouver city to announce that his province will further encourage trade and investment from northern India,' Crystal Sawyer, manager-India operations for the British Columbia regional innovation chair of the Canada-India Business and Economic Development Centre (BEDC), told IANS.

February 14th, 2009 PATNA - The Department for International Development (DFID) of Britain plans to invest up to 150 million pounds in Bihar, a senior official of the British government said here Sunday. 'Over the next five years, the DFID is planning to invest up to 150 million pounds (approximately Rs.1,050 crore) in Bihar on strengthening governance, urban management and health service delivery including nutrition and water and sanitation,' DFID India deputy head Chris Chalmers said at a media workshop here.

January 14th, 2009 AHMEDABAD - Global software giant Microsoft will invest in training teachers in Gujarat and enhance the use of IT in the education sector. Microsoft India Pvt Ltd signed a memorandum of understanding (MoU) with the Gujarat government at the Vibrant Gujarat Global Investors' Summit this week.