TOIhemali

@devanshmittal_ No matter how much we write, the #ministryofeducation continues to govern them as trusts. Written for the first time in 2012 google.com/amp/s/timesofi…

Since everyone's talking about KKR's Lighthouse buying Pathways, here's a full-page story we did in May on why the world's biggest PE funds are buying schools in India (when edu is legally non-profit)+ also read abt how schools change following these investments.

KKR-backed Lighthouse Learning just bought Pathways School, Gurgaon — for ₹1,500 Crore. → Elite IB campus, 1,600 students, 10 acres → Deal valued at 13x EBITDA (₹110 Cr) → School has been profitable since 2003 → Signals PE’s growing appetite for “schools as companies,” not charities Education just became the next healthcare-style PE playground in India.

In the name of trimming trees, the BMC staff is have raised down entire trees. Request urgent attention of the #mcgm In Eden 4, Hiranandani Gardens Powai

This week, two PE funds invested in schools, Vitruvian bought stake in K12 Techno and KKR invested in Pathways Gurgaon But legally, schools in India are required to be non profits by law, no profits, no dividends. So why are PE funds investing in them? Well, the answer lies in the structure of India’s private school ecosystem Usually the core school entity remains a non-profit, but then there are these layers of associated companies which are for profit, and they act like service providers and vendors for the non profit entity. For example, the non profit (school) pays for the service of its own associated for profit company for uniforms, textbooks, real estate, transport, etc Profits accumulate at the vendor level, not the school trust. This creates a legal and efficient channel for cash flows, and eventually, returns for investors. And there have been many deals like this by PE in India’s school ecosystem: -Kedaara invested Rs 1200 cr in Orchids Intl -KKR invested Rs 1475 cr in EuroKids, EuroSchools, Lighthouse Learning -Gaja Capital invested in Kangaroo Kids It is a long list! I have compiled it below for you

@GabbbarSingh @Sushil_Pasricha That is the saddest part. A parent has written that they kept respecting the annual fee hike taken in the name of infrastructure development. Little did they know the plan was to increase the school's revenue and ready it for sale

@Sushil_Pasricha Most parents aren’t even aware of this leadership change.

Another PE firm buys a Gurgaon school. To improve profits, they will cut operating costs and hike the fees 🥲

Wake-up call, parents: An educator warned me: "Only you can teach your kids. Most school owners are busy increasing the school valuation and readying them to sell the 'asset'." KKR-backed Lighthouse to buy Gurugram-based Pathways School - The Times of India

Wake-up call, parents: An educator warned me: "Only you can teach your kids. Most school owners are busy increasing the school valuation and readying them to sell the 'asset'." KKR-backed Lighthouse to buy Gurugram-based Pathways School - The Times of India

Wake-up call, parents: An educator warned me: "Only you can teach your kids. Most school owners are busy increasing the school valuation and readying them to sell the 'asset'." KKR-backed Lighthouse to buy Gurugram-based Pathways School - The Times of India

Wake-up call, parents: An educator warned me: "Only you can teach your kids. Most school owners are busy increasing the school valuation and readying them to sell the 'asset'." KKR-backed Lighthouse to buy Gurugram-based Pathways School - The Times of India

It's been a week since this garbage has been lying in @Hiranandani @Powai. @mybmc to kindly look into it. @powaiinfo @PlanetPowai @CMOMaharashtra Farsan Shops need to be pulled up for the mess in @eden lane.

#CBSE #LanguageLearning #foreignlanguage Students who had opted for two foreign languages under the existing CBSE system can continue with their current combination until they complete their Class X board examination. CBSE is expected to issue an amended order. The new 3-language with 2 Indian languages would apply from Class VI and then advance with each cohort. CBSE also taking up for discussion to allow foreign language in lieu of its mandatory vocational subject (as optional fourth language) till Class X in its new framework under the NEP 2020. A @timesofindia report 👇 timesofindia.indiatimes.com/india/cbse-stu…

Winning against the Chinese. In China. At the Asian Relay Championships. Srabani, Sudeshna, Sneha & Tamanna in the 4x100 relay. Power. Speed. Grace. Commitment. But above all, teamwork. This clip has it all. I’m watching it on loop. More of this please. 🇮🇳

Boarded #AquaLine3. A housekeeping worker steps in, gives the floor a token swipe with his mop, and exits through the next door. Mumbai's cleanliness problem isn't abt resources but accountability. Can #Mumbaikars demand bttr standards &do their bit to keep the city clean?

An ₹860-crore deal. A defunct mill. Powerful names. Investigations, allegations and years of unanswered questions. Only dead silence. In Maharashtra's political economy, some stories refuse to fade bcoz too many pieces still don't fit. #KohinoorMill #PoliticsAndBusiness

#IITs #placement #GATE #JEErank In a set of decisions that could reshape campus recruitment across the country’s premier engineering institutions, the All IITs Placement Committee (AIPC) has directed students across all 23 IITs to remove JEE ranks, GATE scores, percentiles and similar entrance examination credentials from their resumes. At the same time, the IITs have decided to take a tougher stance against companies that issue job offers and later withdraw them, potentially restricting future engagement with such recruiters for up to two years if their explanations are found unsatisfactory. Taken together, the measures reflect a growing concern within the IIT system that fairness in recruitment depends not only on how students are evaluated, but also on how they are treated once selected. A @timesofindia @hChhapiaTOI report 👇 timesofindia.indiatimes.com/india/no-jee-r…

Kota's story isn't just about students chasing IIT and NEET dreams. It's also about parents who put careers, comforts and routines on hold to support them. Behind every rank is a family's sacrifice, hope and resilience. timesofindia.indiatimes.com/city/jaipur/ko… #Kota #JEE #NEET #Education

This year's Jee Adv result is about those from the marginalized communities who have outperformed everyone's expectations. timesofindia.indiatimes.com/city/mumbai/ga… #minoritycommission #scheduledcaste @PMOIndia

Students’ lives r on pause. Mornings brings fresh anxiety & the same question: what new disruption awaits us? CBSE. NEET. CUET. An entire generation is being forced to navigate uncertainty when it should be focused on learning, growing and dreaming. #Education

If merit can be manipulated, sport stops being competition & becomes cartelisation. The AIU chief’s allegation as reported by my colleague @manashTOI is explosive: that deserving university athletes may have been denied recognition& opportunities through systemic manipulation.