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QDE launches vocational courses in financial study Quantum Dynamics Education, an institute of life skills, has introduced shortterm vocational courses on financial study that will help people understand and upgrade their fundamentals of investment and wealth management in an interesting and engaging way. Spanning
across diverse range of subjects elucidating fundamental concepts on smart investing in Stock Markets, Financial Instruments, Real Estate, Gold and Equities, the nouveau courses are created using the vast experience of experts at Quantum Dynamics Education.
Pearson’s new approach to business education
Everonn Education may bag Rs 15000cr order from NSDC
Textbook learning, with the help of Pearson and Languagelab. com, will be taken to the next level of 3D experience besides interactivity and socialsing. Market Leader Live transforms the case studies from the bestselling Market Leader Business English series. It provides students around the world with a unique opportunity to use English in the actual situations they are preparing for, allowing them to practice and learn with qualified teach-
ers – and network with each other – in a controlled, business-focused environment. Stephen Nicholl, Editorial Director, Business English at Pearson said, “We were impressed by Languagelab’s ability to move the Market Leader case studies into an entirely new learning space, which we believe will offer students a level of interaction not seen before in Business English learning.”
Everonn Education is likely to bag order over Rs 15000 crore from NSDC. The order will be executed in next 10 years. The announcement is likely to take place
soon. NSDC is likely to hold 27 per cent in joint venture and rest will be with Everonn. The company’s current order book stands at around Rs 500 crore. It was trading with volumes of 1,723,830 shares, compared to its five-day average of 464,279 shares, an increase of 271.29 per cent. In the previous trading session, the share closed up 3.62 per cent or Rs 21.35 at Rs 611.75.
MPI puts in Rs 50Cr in MIPS Matrix Partners India has invested Rs 50 crore in the first institutional round of funding of Maharana Infrastructure and Professional Services Private Ltd (MIPS). Matrix, an investment firm with Rs 1,500 crore under management, is the sole investor to participate in this round. This investment marks Matrix’s third deal in the fast-growing education space. The other education portfolio firms include test prep firm FIIT JEE and pre-school chain Tree House. With this round, Matrix India director Amit Kapoor will join the board of MIPS, a service provider to higher education institutes in northern India. “MIPS has an innovative business model to address the needs of the country’s fast-growing education sector. It is well-positioned to become a dominant player in India with its focus on providing state-of-the-art facilities and high quality, job-oriented training,” said Kapoor. Matrix Partners started in Boston in 1977 as Hellman Ferri Investment Associates.
APMDC to educate tribals as per CSR The Andhra Pradesh state government enterprise, AP Mineral Development Corporation (APMDC) Ltd, has resolved to spend 20 per cent of the amount realised from M/s. Orient Cements towards higher education of tribals in Utnoor agency area of Adilabad district, Andhra Pradesh. Orient Cements is MDC’s joint venture company that extracts limestone in the agency area of Adilabad. Even as a debate rages in the country on finalising the quantum of mining profits to be shared towards corporate social responsibility, a state government enterprise has taken the lead by deciding to spend 20 per cent of the profits towards higher education of tribals in Adilabad. Official sources said the joint venture company had paid Rs 3 crore as royalty to state government and the net profit of the company was around Rs 3 crore. “An amount of Rs 60 lakh has been earmarked to cater to the needs of higher education among tribals in the agency area. The Utnoor Integrated Tribal Development Agency (ITDA) project officer has been entrusted with the responsibility of ensuring higher education to tribals in the area. We have finalised the guidelines of the policy regarding spending 20 per cent of profits in consultation with the tribal welfare commissioner,” said Praveen Prakash, MD, APMDC.priority attention.”
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