37-Year-Old School Teacher-Turned-Entrepreneur Is India’s Newest Tech Billionaire

Photo Credit: Bloomberg India’s newest billionaire is a former classroom teacher who developed an education app that’s grown to a valuation of almost $6 billion in about seven years. Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million (roughly Rs. 1,000 crores) in funding earlier this month. That deal conferred a value of $5.7 billion (roughly Rs. 39,000 crores) on the company in which the founder owns more than 21 percent, people familiar with the matter said. Its closing coincided with the announcement that…

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China Mobile Phone Shipments Fell 6 Percent in March as Economy Slows: CAICT

Shipments of mobile phones to China fell 6 percent in March compared with the same year-earlier month, official figures showed on Wednesday, as slowing economic growth took a toll on the sector. The shipments dropped to 28.4 million units in March from 30.2 million units in March 2018, the China Academy of Information and Communications Technology (CAICT) said. March’s 6 percent slide follows four consecutive months of double-digit declines. The slowdown points to continued pressure on the likes of Apple Inc, which endured a steep drop in China sales in…

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HRD Releases List Of 20 ‘Institutions Of Eminence’

The UGC has examined the list of 15 public and 15 private institutions, the education ministry said. New Delhi:  The University Grants Commission or UGC, the higher education regulator, has released a list of 20 institutes – 10 public and 10 private – which are recommended for Institutions of Eminence or IoE status. In case of the private institutions proposed as IoEs, there will be no financial support, but they will be entitled for more autonomy as a special category Deemed University. The UGC, it its 542nd meeting held today…

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CBSE Board Exam 2019: Last Minute Tips For Class 12 Hindi Paper

CBSE board exam 2019 for class 12 Hindi paper is scheduled tomorrow Board Exam 2019: CBSE will conduct class 12 board exam for Hindi paper tomorrow. Hindi being a language paper is often found to be a tough paper by students. It is not difficult to understand but difficult to score in. Students often misunderstand writing a good answer with filling the paper with answers that exceed word limit. Exceeding word limit is a strict no-no for students if they want to score good marks in Hindi paper.

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