Mangalore University approves challenge valuation

News Network
April 6, 2012

muMangalore, April 6: The guidelines for implementing the challenge valuation in the various post graduate courses was approved at the academic council meeting held at Mangalore University on Thursday.

 

Mangalore University Vice-Chancellor Professor T C Shivashankra Murthy chairing the academic council meeting in Mangalore on Thursday.With this a candidate who has appeared for PG examination conducted by Mangalore University may apply through the Institution/Head of the Department for challenge valuation on payment of the prescribed fee, within 20 days after the publication of the result or 10 days from the date of dispatch of the marks cards by the Registrar (Evaluation) to the Institution/HoD, or within seven days from the date of communication of the result of re-totaling whichever is later.

 

Addressing the meeting, Mangalore University Vice-Chancellor Professor T C Shivashankra Murthy said that if there is a difference between marks awarded initially and on Challenge Valuation, the final marks shall be the average of the two awards.

 

In case the difference between the initial award and the final award is more than 10 per cent and is to the advantage of the candidate, then 50 per cent of the fee paid for the challenge valuation shall be refunded to the candidate. Grace marks shall not be taken into consideration for eligibility for refund of the challenge evaluation fee.

 

“Challenge valuation is permitted for all theory papers only. Answer scripts will be evaluated by a suitable external examiner selected from the panel of examiners approved by the Vice-Chancellor. However, such examiners should not have been valuers for that paper during the examination. The answer scripts for Challenge Valuation can also be sent to examiners or other universities, said VC.

 

12th Five Year Plan

 

The UGC had asked the University to submit the 12th Five Year Plan proposal after getting it duly approved by all the statutory bodies of the University.

 

Since the actual allocation of resources for the 12th Five Year Plan is yet to be finalised by the Government of India, the Universities have been requested to develop two parallel scenarios priority-wise, one with a hike of three times and another with a hike of five times of the 11th Five Year Plan allocation to University under both development of merged schemes.

 

Accordingly a committee was formed under the chairmanship of the Vice-Chancellor to draft the 12th plan proposals and a document titled “ Inclusive and Qualitative Expansion of Higher Education” is prepared.

 

The proposals are presented in two scenarios and are further classified under Capital Head, General Head and Salary Head.

 

Under scenario I the University has proposed Rs 40.5 crores as the required fund.

 

In scenario II Rs 65.80 crores has been proposed as the required fund.

 

Committee for PG course

 

As a college has requested the University to grant permission to start Post Graduate course in Bharathanatyam and Karnatak Music, a committee was formed to frame guidelines of the course and syllabus under the Presidentiship of Sarsa College of Fine Arts and Science Principal Dr Arati Shetty, said Vice-Chancellor Professor T C Shivashankara Murthy.

 

The regulations governing the choice based credit system (CBCS) for the two years (four semesters) Masters Degree Programmes in Bharathanatyam and Karnatak Music was presented before the academic council.

 

 

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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News Network
April 8,2020

Udupi, Apr 8: Six patients were admitted to isolation wards in the hospitals in the district on Tuesday.

While four people were suffering from symptoms of COVID-19, two were suffering from SARI (Severe Acute Respiratory Infection).

As many as 19 samples were collected and sent for Covid-19 testing to a laboratory in Shivamogga.

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News Network
February 28,2020

Kozhikode, Feb 28: Nearly 200 Umrah pilgrims from Kerala were deboarded from their flights to Saudi Arabia from Calicut international Airport here on Thursday after the gulf nation enforced a temporary ban on foreigners seeking to visit the holy cities of Makkah and Madina, following coronavirus scare.

Saudi Arabia halted travel to the holiest sites in Islam over fears about a viral epidemic just months ahead of the annual hajj pilgrimage, a move that came as the Mideast has over 240 confirmed cases of the new coronavirus.

According to Airports Authority of India officials, as many as 84 of passengers from the Saudi Airlines and 104 from the Spice Jet Airlines were denied permission to board the flights and travel to Saudi Arabia.

However, other passengers bound to Jeddah were permitted to fly, they said.

A private tour operator here said two batches of 40 pilgrims each were denied permission to travel to Makkah to perform Umrah on February 27.

Umrah is an Islamic pilgrimage that can be performed at any time of year.

"The pilgrims were denied entry by the two airlines, Spice Jet scheduled at 05.30 hrs and Saudi Airlines at 1130 hrs," Naiful Akbar, a travel agent said.

The Airport Authority of India sources said, "the passengers were asked to alight by the Spice Jet airline staff following an instruction received by them."

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