IIT Madras’ Pawan Goenka to continue as Board Chairman for three more years

Mahindra and Mahindra Ltd’s Managing Director Pawan Goenka will continue as the Chairman to the Board of Governors of the Indian Institute of Technology (IIT), Madras. His nomination has been approved by President Pranab Mukherjee on his visit to IIT Madras. Goenka will now serve in the post for another three years, according to a press release. The release on Tueday said that President Pranab Mukherjee has allowed the continuation of Goenka’s term which will end in June 2017. Goenka will begin his new term on June 9. Pawan Goenka…

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Government to create higher education financing agency

Government on Monday, announced the creation of a Higher Education Financing Agency (HEFA) with an initial capital base of Rs 1,000 crore which will leverage funds from the market and work to create infrastructure in India’s top institutions like the IITs. In his budget speech, finance minister Arun Jaitley also spoke about creating a regulatory architecture for ten public and ten private institutions to emerge as world-class teaching and research institutions. The finance minister also announced the establishment of a Digital Depository for academic certificates and also opening of 62…

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Another IIT aspirant ‘kills himself’ in Kota

In yet another case of suspected suicide due to academic pressure, a 19-year-old student of one of Kota’s IIT coaching institutes was found hanging in his rented room, on Thursday night. Seventeen coaching students had committed suicide in Kotalast year. Arvind Kushwah, a resident of Bhind in Madhya Pradesh, stayed as a paying guest in Indra Colony, part of Kota’s Vigyan Nagar area. Although police did not recover a suicide note, they have not ruled out the possibility of him taking the extreme step under academic pressure. Arvind’s landlord Karan…

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