Crocs enters credit facility agreement with PNC Bank for up to $30 millionSeptember 30th, 2009 Crocs enters credit facility agreement with PNCNIWOT, Colo. — Crocs Inc.
$130 mn World Bank bounty for Nepal's classroomsSeptember 23rd, 2009 KATHMANDU - The World Bank Wednesday announced a bounty of $130 million for Nepal's classrooms meant to pay teachers' salaries and boost education for children and women. The funding is intended for the impoverished Himalayan republic's `School sector reform programme' that is part of the government's 15-year national action programme.
Oozing oil forces authorities to vacate school in HaryanaSeptember 17th, 2009 AMBALA - With oil oozing from the ground of a school complex during the rainy season, authorities in this Haryana city have been ordered the government primary school to vacate the premises. Nearly 300 students of the government primary school have been affected as the district administration has asked education department officials to shift the school to another campus of a government senior secondary school.
Former student slaps teacher in Chandigarh schoolJuly 31st, 2009 CHANDIGARH - Three former students of a government school here who were under suspension entered the school and one of them slapped a teacher while she was taking a class, police said. According to police, a case was registered against the three teenaged boys Friday after a formal complaint was received from the principal of Government Model Senior Secondary School, Sector 35, Thursday.
British firm to invest $30 mn in India's education sectorJune 24th, 2009 NEW DELHI - To boost its presence in the Indian education sector, Pearson, a Britain-headquartered education and information company, will invest $30 million in Indian education resource provider Educomp Solutions and Bangalore-based online tutorial firm TutorVista, the company announced Wednesday. Pearson will acquire 50 percent stake in Educomp Solutions for $17.5 million as part of their agreement signed Wednesday.
Nepali PM expands cabinet amid bickeringJune 17th, 2009 KATHMANDU - Nepals Prime Minister Madhav Kumar Nepal Wednesday expanded his 11-member cabinet to induct 10 new ministers. However, the protracted squabble with allies over power sharing continued even three weeks after Nepal assuming office with the parties from Terai not sending any new faces to the cabinet.
Distance learning schools offer 'more relevant' coursesMay 31st, 2009 NEW DELHI - A simple degree or a normal two-year advance course is passe. Educational institutions have designed tailor-made, industry-specific courses in areas like real estate management and carbon credit to lure students to distance education.
BP Prudhoe Bay enters $29.5 million settlement with BP ExplorationMay 13th, 2009 BP Prudhoe Bay enters $29.5M settlement dealNEW YORK — BP Prudhoe Bay Royalty Trust said Tuesday it entered into a $29.5 million settlement agreement with BP Exploration (Alaska) Inc., a unit of British oil company BP PLC. BP Exploration will pay the $29.5 million to the trust.
Manipal Cure and Care launches New Centre at JP Nagar, BangaloreApril 19th, 2009 BANGALORE - Manipal Cure and Care [MCC], India's First Health and Wellness centre, today launched their third centre in Bangalore at 13/A Wilson Garden Housing society, Kothanur Main Road, opposite to RBI Layout, 7th Phase, JP Nagar Bangalore. It was inaugurated by Somnath Das, Chief Operating Officer (COO), MCC.
Nepal's Everest heroines to break new ground in mountaineeringMarch 8th, 2009 KATHMANDU - Last year, they created history by becoming the first inclusive, all-women's team from Nepal to summit Mt Everest, the highest peak in the world. On Sunday, celebrated as the 99th International Women's Day, the 10 Nepali climbing eves have broken new ground by announcing they would establish a national mountaineering school that would help other aspiring climbers in the country to aim at the Everest and other high Himalayan summits.
St Xavier's School in Nepal closes down indefinitelyFebruary 9th, 2009 KATHMANDU - St Xavier's School, one of the oldest English-medium schools in Nepal and part of the educational chain run by Jesuit Fathers renowned for their contribution to education in Nepal and India, has closed down indefinitely after an agitation by a section of teachers. The school authorities decided to close down the 58-year-old school indefinitely from Monday after a newly formed union of teachers, calling itself the Nepal Institutional School Teachers' Union, submitted a 12-point demand to the principal and began a sit-in before the gate of the school in Jawalakhel in Kathmandu Valley.
Manipal medical college reopens in Nepal with misgivingsFebruary 6th, 2009 KATHMANDU - The Manipal College of Medical Sciences and the teaching hospital affiliated to it in Nepal's Pokhara city reopened Friday following four days of closure forced by trade unions. The college authorities are hoping that the protestors will honour the new agreement.
Manipal remains closed as Nepal trade unions up their demandsFebruary 4th, 2009 KATHMANDU - The Manipal College of Medical Sciences in western Nepal and the teaching hospital affiliated to it remained closed for the fourth day Thursday after talks between the authorities and the protesting trade unions broke down over allowances. A collaboration between India's Manipal Group and the government of Nepal, the college and 700-bed hospital have been closed down by two trade unions affiliated to the ruling Maoist party as well as the opposition Nepali Congress since Monday over demands that the hospital authorities say are in violation of Nepal's labour laws.
'Manipal targeted because of Indian link'February 2nd, 2009 KATHMANDU - Continuing to reel under an indefinite strike called by the ruling Maoist party's trade union since Monday, the teaching hospital run by the Manipal College of Medical Sciences in Pokhara says the shutdown is not over a demand for pay hike but because of its Indian connection. Established in 1994 as a joint venture between the Manipal Group of India and the government of Nepal, the college and hospital have been experiencing frequent disruptions since last year after the former Maoist guerrillas came to power through an election and their trade union began to fight for supremacy at Manipal.
Maoists shut down Manipal hospital in NepalFebruary 1st, 2009 KATHMANDU - A week after Nepal's Maoist Prime Minister Pushpa Kamal Dahal Prachanda expressed concern at the growing anarchy in the country and the culture of shutdowns to register protests, a trade union affiliated to his own party called an indefinite closure of the Manipal Teaching Hospital in Nepal. The Maoist trade union Monday shut down the hospital run by the Manipal College of Medical Sciences in Pokhara city in western Kaski district, demanding the implementation of the revised minimum wages announced by the Maoist government last year.