Career Point News
Creditors approve sale of IL&FS’ education biz to Career Point
Career Point will now get 80% ownership in IL&FS Skills Development Corp., held by Schoolnet IndiaThe development represents another key milestone in the overall resolution for the IL&FS Group under the new board
1 min read12 Nov 2019IL&FS gets creditors’ approval for sale of education business
Career Point Publications’s financial bid was approved by over 78% of IL&FS’s creditors, in terms of value, through an e-voting process that concluded on 5 NovIL&FS Group holds 73.70% stake in Schoolnet India
1 min read12 Nov 2019Litigation is part of debt resolution process: Deloitte’s Uday Bhansali
’There will be judgements of courts in some cases that will also set the jurisprudence and establish the practice for handling some of these matters’
4 min read12 Jun 2018Education stocks lose investor fancy
Analysts say many education companies started diversifying into various segments at the same time
2 min read20 Feb 2017Aptech plans to open 20 schools, first in Kabul
The company, which traces its origin to computer training in India and elsewhere, will not open any school in India
1 min read29 Oct 2015Education firms target higher margins via better utilization
After asset-light strategy, education firms are focusing on margin improvement via better utilization of schools
2 min read25 Feb 2015Building schools no longer a priority for education services firms
This is a marked shift from the asset development strategy education companies used to pursue
1 min read26 Sep 2014Education companies: long road to recovery
Investor interest continues to remain poor in most of the education stocks
2 min read2 Dec 2013As core business falters, investors shun education stocks
Educomp, Everonn and Career point stocks come under pressure due to intense competition, changing business economics
2 min read9 Jun 2013Low enrolments continue to weigh on Career Point
Tutorial business will continue to play a determining role in the firm’s financial performance in the short term
2 min read27 May 2013Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared