As the pandemic recedes, competition between education companies in Kota is a lot more fierce than among the students as edtech startups look to hire teachers for their offline enterprises.
Maheshwari’s comments come at a time when SoftBank-backed edtech unicorn Unacademy is opening its offline centre in Kota. In May, Unacademy had announced its forays into offline tuition centres.
An institute that started with a table at home now has 15 buildings with a capacity of 5,000 to 25,000 students each in Kota alone. On May 1, James Murdoch and Uday Shankar-led platform Bodhi Tree Systems announced an investment of $600 million in the test prep firm.
The investment in Allen comes at a time when the test prep market is in the thick of action, and traditional test prep brands are reshaping themselves through investments, mergers and acquisitions.
Experts said the deal will help Viacom18 compete better in terms of new original content and taking on global streaming giants.
The company Seven Island Inc, will raise funds through an IPO using the blank check vehicle.
Murdoch hasn't volunteered for the post nor has he discussed it with any other director, the newspaper reported.
Rupert Murdoch's 21st Century Fox said its board approved a shakeup that puts the 84-year-old tycoon's son James in the chief executive job effective July 1.
Now James and Lachlan Murdoch, octogenarian media baron Rupert's only sons, are teaming up at the helm of Twenty-First Century Fox Inc, the crown jewel of the empire their father built.
While the timing of the moves had not been expected so soon, they come a year after Murdoch elevated both sons into prominent roles. In March 2014, James, 42, was promoted to co-COO alongside the elder Murdoch's popular lieutenant Chase Carey, while Lachlan, 43, was named non-executive co-chairman.
It's the end of the road for the 16-year old xxx million dollar ESPN-Star Sports joint venture. ESPN will sell its 50% stake in the venture to Murdoch's News Corp. CNBC-TV18‘s Animesh Das reports
James Murdoch, former chairman of News International, on Tuesday stuck to his stand that he did not see a crucial e-mail that indicated phone-hacking was widespread in the now-defunct 'News of the World' tabloid, as he faced forensic questioning at an inquiry into media ethics.
In a major new allegation, a lawyer for the family of murdered British schoolgirl Milly Dowler says police have told him her voicemail messages had been hacked in 2002, possibly by a News of the World investigator.
News Corp said on Wednesday that James Murdoch, the younger son of chairman Rupert, would relinquish his position as executive chairman of its News International unit.
Two top 10 shareholder in BSkyB will vote against James Murdoch remaining as chairman of the company at its AGM on Tuesday, according to newspaper reports on Sunday.
Top executive of tainted News International James Murdoch is likely to be recalled to testify by British lawmakers after doubts were raised over his evidence on phone hacking.
Battered by the phone-hacking controversy, James Murdoch has managed to retain his position as the chairman of BSkyB, but if there is more bad news in future for Murdoch's media empire in Britain, he may have to relinquish the post.
British pay-TV giant BSkyB today said that James Murdoch will remain chairman despite the phone-hacking row at main shareholder News Corp, as the broadcaster revealed a 23% jump in profits.
The board of BSkyB today gave chairman James Murdoch their 'unanimous support', a source close to the British satellite broadcaster said, despite calls for him to quit over the phone-hacking scandal.
The past week has been an eventful one for India Inc and the world. Policy decisions have come through towards the end of the week, in India and globally, but terror struck again.
Putting News International chairman James Murdoch in a tight spot, two of his former executives have questioned his testimony to a parliamentary committee where he pleaded ignorance to the wider practice of phone hacking at his now defunct newspaper News of the World.
A dramatic day for the Murdoch empire, as Rupert Murdoch and his son appeared before a parliamentary committee on allegations of phone hacking and corruption. Author of Wilful Blindness: Why We Ignore the Obvious at Our Peril, Margaret Heffernen talks about the proceedings and her takeaways.
News Corp has promoted James Murdoch to the role of deputy chief operating officer in a move that will be seen to mark him as eventual successor to his 80-year-old father, Rupert.