Sahara group claims to create 56,000 jobs

February 2, 2014

Sahara_groupNew Delhi, Feb 2: Sahara group, whose legal battle with SEBI continues in Supreme Court over refund of over Rs 20,000 crore to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore.

In three-page newspaper advertisements, the group has invited applications for senior positions across business verticals within and outside country and said that these more than 56,000 new jobs need to be filled by the end of 2014.

At the same time, it has also claimed that the group, which calls itself Sahara India Parivar, is “committed to creating four lakh salaried positions in next three years.”

The businesses for which job applications have been invited include FMCG & retail, dairy, poultry, luxury real estate and lifestyle, food factory, low-cost housing, CSR, education and even cruises (Sahara Water Homes).

Besides job details, the group also disclosed specific investment targets for at least four business verticals and these investments total to an amount of Rs 32,394 crore.

For its "Luxury Retail: Sahara Global Mastercraft Ltd" business, the group said that an investment of Rs 1,400 crore would be made over five years, while Rs 5,172 crore would be invested in Food & Beverages and Entertainment: QSR (Quick Service Restaurants).

Its "International Business: Macedonia (Europe)" business is expected to see an investment of Rs 13,922 crore in dairy project and Rs 9,600 crore in hospitality project.

Further, healthcare would seen an investment of Rs 2,300 crore for 5-7 years, according to the public notice.

The group also claimed a huge asset base with a market value of “Rs 1,52,518 crore” and a land bank of 36,631 acres.

This massive recruitment drive comes at a time when the group is caught in a legal battle with SEBI, which had charged it of raising over Rs 24,000 crore through various “illegalities” in issuance of certain bonds through two firms.

These two firms — Sahara India Real Estate Corp Ltd (SIREC) and Sahara India Housing Investment Corp Ltd (SHIC) — were asked to refund the money to investors, while the Supreme Court also asked the group to comply with SEBI orders.

Sahara group later deposited Rs 5,120 crore with SEBI and claimed that it was way above the outstanding amount due to be returned to investors as more than Rs 20,000 crore were already refunded directly.

The Supreme Court has refused to allow Sahara Group chief Subrata Roy to leave the country till the companies provide details of refunding Rs 20,000 crore to investors.

The apex court last week asked the group to furnish all the documents to reveal the source of Rs 22,885 crore which it claims to have refunded to the investors.

Besides, the group was directed to place all documents including the bank statements sought by SEBI before February 11 when the court would take up the case for further hearings.

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News Network
August 9,2020

The core objective of the new National Education Policy (NEP), which has given freedom for amalgamation of different concepts, will be translated into action through the National Curriculum Framework, CBSE director said on Friday.

CBSE Director Biswajit Saha made the comments during an e-conclave on the new NEP organised by the PHD Chamber of Commerce and Industry.

“The core objective of the policy will be translated into action through the National Curriculum Framework (NCF), which needs more participatory approach. The policy has given freedom for amalgamation of different concepts and multidisciplinary approach. The NCF will give a roadmap for implementation of reforms laid down in the policy,” he said.

Saha said the training required for competency-based education and learning outcomes can be achieved with progressive participation of stakeholders.

“There could be a debate about the training required for competency-based education and learning outcomes but once we have decided we want to do it, it can be achieved with progressive participation of stakeholders. It is a forward-looking policy,” the Central Board of Secondary Education (CBSE) director said.

The NEP approved by the Union Cabinet replaces the 34-year-old National Policy on Education framed in 1986 and is aimed at paving the way for transformational reforms in school and higher education systems to make India a global knowledge superpower.

Choice between 3 or 4 year undergraduate courses, multiple entry and exit options in degree courses, adding 3.5 crore seats in higher education institutions, which will now have a single regulator, discontinuation of M.Phil programmes and fixation of fees are among the higher education reforms outlined in the new NEP.

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Press Release
January 2,2020

Mangaluru, Jan 2: Shwetha Rasquinha, Assistant Professor and Head of the Department of Social Work, St Aloysius College, Mangaluru, has been awarded Doctor of Philosophy (PhD) degree by the Mangalore University for her thesis titled “Effectiveness of Social work intervention on caretakers of cancer patients- A social work study in Mangalore”.

She did her studies under the guidance of Dr Rameela Shekhar, Professor (Rtd), School of Social work, Roshni Nilaya, Mangaluru.

Ms Shwetha Rasquinha hails from Vittal, D/o Vincent Rasquinha and Late Regina Rasquinha, and is the second person to complete doctoral studies from the Vittal Parish.

Her colleagues and well-wishers have congratulated her for her highest achievement in academics and successful completion of quality research.

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Charles Menezes
 - 
Friday, 3 Jan 2020

Hearty congratulations for your achievements. God bless your mission

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News Network
August 9,2020

 

New Delhi, Aug 9: With the National Education Policy 2020 recognising the need for flexibility in choosing the subjects that a student wants to study, implementation of this policy will boost science, technology, engineering and mathematics (STEM) education in India, edtech startup SP Robotic Works has said.

The new education policy also recognised that skills like coding and scientific temper and evidence-based thinking should be learned by all students to become good, successful, innovative, adaptable and productive human beings in today's rapidly changing world.

With the semester-based pattern, there is a lot of relaxation with respect to a child's choice to select their interest in subjects, according to Sneha Priya, CEO and co-founder, SP Robotic Works.

"This will promote the kids to explore various segments which otherwise I believe was restricted to an extent," Priya told IANS in an interview.

On July 29, the Union Cabinet gave its approval to a new National Education Policy (NEP) which aims at bringing about several changes in the education system from the school to college level.

Prime Minister Narendra Modi on Friday said that the NEP is the foundation of a "new India" and that it will help close the gap between education and research.

It is now well recognised that in opening the door to myriad opportunities offered by STEM education, online platforms have played a pivotal role.

Coding-related courses have picked up well and the online platforms have seen a lot of kids enrol in block programming, artificial intelligence (AI) and android app development.

"As the field of STEM education gained immense popularity in India, this online learning platform has seen 80 per cent increase in the number of renewal of programmes, which implies the increase in interest and is a positive sign for the future of STEM education," she said.
The proposal to introduce coding from Class 6 and onwards is one of the best decisions of the policy, Priya added.

"With importance being given to coding in the NEP, the schools will be more open to adopting new ways to ensure their children master in what they are learning which will automatically result in better outcomes," she opined.

"Focus on these skills is crucial during the formative years for the development of the children. Hence, this new policy will prove beneficial for growing kids to gather their interest in coding at an early stage," she said.

According to Priya, it is important to deliver the coding concepts in the right manner to captivate and encourage the child to engross his/her attention towards the subject.

She also stressed that both robotics and coding courses have seen a huge upsurge this year.
In addition to what is being taught at school, the online learning platform has seen an increased number of queries from parents with regards to shaping up their child's coding skills.

"Especially with the current situation, the Covid-i9 lockdown has given more time to students to explore their interest in this field and we have seen double the demand in participation just in the previous few months from children," Priya quipped.

Even during the lockdown, SP Robotic Works said they have seen an increase of 55 per cent in the revenues.

"Additionally, we have seen around 1 lakh new enrolments during the last four months which demonstrates that Indian children are exploring their interests across segments," the CEO said.
"For the next six months, our focus is going to continue educating and engaging more students in experiential learning as we work towards building a nation that's truly 'Aatmanirbhar'," Priya noted.

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