Indian students in Germany need not pay to study: Envoy

October 22, 2012

india_students_in_germany


New Delhi, October 22: Germany, a hub of quality scientific research and innovation, is keen to attract the brightest Indian minds for further studies and research and has as an incentive made it easier for students to stay over and work, the country's envoy has said. Another incentive for students is that German universities don't charge any fees.

"In Germany you don't pay to study in the universities," Michael Steiner, Germany's envoy to India, told IANS in an interview.

The students only have to pay for their board and lodging, he added.
There are at present 6,000 Indian students in Germany, and the country is eager to attract more, he said.


"Earlier, students who wanted to stay over could not, and this was a problem. This year, we have facilitated that students keen to stay over and work can do so," Mr Steiner said. This would be done on the basis of specific work permits.

And, to give a fillip to Indo-German scientific and technological cooperation, Germany is setting up an institute in Delhi to facilitate the exchange of science and innovation, Mr Steiner said, describing it as "one of the defining pillars of our bilateral relations".

The German House for Research and Innovation (DWIH), New Delhi, coming up on Oct 27 near the German embassy here, will help Indian students wanting to go to Germany and vice versa, as well as facilitate bilateral research projects, he said.


The DWIH "will be part of the Ivy League from our perspective", he said.

The ambassador does not foresee language to be a barrier for Indian students as German universities now offer courses in English, he said.

"But it is an enrichment to learn the German language... And it has been observed that Indians are good at learning German," Mr Steiner said.

The DWIH will act like a hub for young talents and a house for scientific innovation, which is one of Germany's strengths, said the ambassador.

Among the 14 universities and member institutions of the DWIH are the well-known Heidelberg University, the Max Planck Society and the University of Cologne.

"The DWIH is mainly an address for facilitating study in Germany," he said, adding that there was an increase of 20 percent in the number of Indian students going to Germany in 2011 from the previous year.

"This is encouraging, but we expect a further increase," he said.

The DWIH is one of the five set up by Germany across the world, with the others in Sao Paolo (Brazil), Moscow (Russia), New York (USA) and Tokyo (Japan)

To a question on how much a student would have to spend to stay in Germany, Mr Steiner said it depends on the city.

"We have very good universities in small cities. It all depends on where the student wants to go," he said, adding that staying in Berlin would be relatively cheaper than Munich.

According to a study by the Indian Institute of Management-Bangalore, more than 53,000 Indians went abroad in 2000 for a degree and at the end of the decade, the count shot up to 190,000.

The US is the top country having most number of Indian students, with the UK a close second. Between 2000 and 2009, the number of Indian students in Europe increased from 3,348 to 51,556, with the UK seeing a rise from 3,962 to 36,105.

Mr Steiner was full of praise for India's excellence in the field of IT and German companies' collaboration with Indian firms.

"I have spoken to Infosys Germany and found them pretty impressive," he said.

Infosys is in collaboration with German IT major SAP, while Wipro has tied up with Siemens.



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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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Agencies
July 17,2020

Washington, Jul 17: US President Donald Trump's economic adviser Larry Kudlow has said that TikTok may cut off ties to its Chinese parent and become a 100 per cent American company to circumvent demands to ban it as India has done.

"I think TikTok is going to pull out of the holding company which is China-run and operate as an independent American company," he told reporters at the White House on Thursday.

The US has not made a final decision on whether to ban it - which has been suggested by Secretary of State Mike Pompeo, he said.

TikTok being divested by ByteDance Technology Company "is a much better solution than banning or pushing away", said Kudlow, who is the Director of the National Economic Council.

He said that its services will be located in the US and "it will become an hundred per cent American company".

If it becomes a US company without Chinese links, India may have to reconsider the ban on the short video app wildly popular in the country.

India banned TikTok along with 58 other Chinese apps on June 29 citing threats to its defence and national security.

The ban came after a deadly clash between Indian and Chinese troops along the Line of Actual Control in Ladakh.

Under Beijing's National Security Law, all Chinese companies have to provide intelligence requested by the government, creating risks for users and their countries.

India was TikTok's biggest market outside of China, where it operates as Douyin.

There were about 200 million users in India and over 300 million downloads.

The US comes next with over 30 million users for the app.

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News Network
January 7,2020

Jan 7: Body of the senior Iranian military commander, Qasem Soleimani killed in a U.S. drone strike in Iraq last week, has arrived in his home town of Kerman in southeast Iran for burial, the official IRNA news agency said on Tuesday.

State TV broadcast live images of thousands of people in the streets of the town, many of them dressed in black, to mourn Soleimani's death.

Soleimani was widely seen as Iran’s second most powerful figure behind Supreme Leader Ayatollah Ali Khamenei, 80, who wept in grief along with hundreds of thousands of mourners who thronged the streets of Tehran for Soleimani’s funeral on Monday.

Khamenei led prayers at the funeral in the Iranian capital, pausing as his voice cracked with emotion. Soleimani, 62, was a national hero even to many who do not consider themselves supporters of Iran’s clerical rulers.

He was killed while leaving Baghdad airport last Friday. Mourners packed the streets, chanting: “Death to America!” - a show of national unity after anti-government protests in November in which many demonstrators were killed.

The crowd, which state media said numbered in the millions, recalled the masses gathered in 1989 for the funeral of the Islamic Republic’s founder, Ayatollah Ruhollah Khomeini.

The killing of Soleimani has prompted fears around the world of a broader regional conflict, as well as calls in the U.S. Congress for legislation to keep President Donald Trump from going to war against Iran.

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