Reliance Infotel, a communication based subsidiary of Mukesh Ambani owned Reliance Industries Limited acquired 38.5% stake in Extramarks Education, a firm which provides digital learning in all parts of India. By acquiring these stakes, Infotel plans to strengthen its content pipeline to pioneer 4G revolution in India.
Reliance Infotel invested in Extramarks Education through an affiliate company Reliance Strategic Investments. Details about the amounted invested remain undisclosed. Sources say that RIL will infuse fresh capital and there will be no dilution of equity in Extramarks.
Infotels investment in Extramarks Education will help the latter continue with its growth plans for developing services and deepening market penetration. Extramarks Education broadens learning experience for students by providing computer aided learning. Its education support aims at reaching out to students even in the remotest locations, anywhere and anytime.
Extramarks Education intends to use the funding for executing new learning projects and new technologies to render study help at affordable prices. Extramarks Chairman, Atul Kulshreshta said, The relationship with Reliance is the start of an exciting phase for Extramarks. Over the last two years, we have progressed on our journey of revolutionizing the domestic education sector through technology enabled smart solutions and active participation in infrastructure development.
He added that the alliance with Infotel will help to accelerate the mass penetration which will prove to be beneficial for thousands of Indians, as it will cater quality education and study help at their doorstep.
Last year, Reliance Industries Limited acquired 95% stake in Infotel Broadband after investing Rs 4,800 crore and made it a subsidiary of RIL. Reliance Infotel is the only company which won licenses in 22 circles in Pan India Broadband Wireless Access (BWA) during the auction for BWA 4G Spectrum.
Infotel plans to roll out high speed internet services, data cards and latest handsets at affordable rates by early 2012. In order to lead India into 4G broadband services, RIL intends to strategize relations with leading global technology vendors, service providers, infrastructure providers, device manufacturers, etc.
Reliance Infotels content portfolio is expected to strengthen by the acquisition of 38.5% stakes in Extramarks Education. It will help Reliance grow its business in the education sector, as it strongly focuses on delivering content using information and communication technologies.
India
Education Is The Chief Defense Of Nations
Surely be correct to say, Education is the chief defense of nations. The foundation of every state is the education of the youth. Only the educated are free. In the present competitive era, one can notice that education has become a necessity. It uplifts the person moral ethical and spiritual values. Illiteracy is a curse on mankind. An illiterate person does not appreciate the proper values of life. He/she is unaware of the modern day developments-both national and international.
The parliament has passed the constitution amendment act in 2002. This act has made elementary education a fundamental right for children in the age groups of 6 to14years. The sarva shiksha abhiyan covers the entire country.
Children are the asset of the nation. They are the citizens of tomorrow. If they remain illiterate, nothing good cab is expected from them in the future. Educated people have a rational mind to think. They can choose a career. They have more employment opportunities as compared to the illiterates.
Education accelerates economic and social development in the country. The main object of education is the establishment of a two fold harmony in every individual harmony with its own self and harmony with the other living beings in the whole world. It is rightly said – “The root of education is bitter, but the fruit is sweet.
Education has played a vital role not only in ancient times but will continue from generation to generation. Whatever it is a rich human or a poor the need of education is equal for each one.
It is the matter of great sorrow to know that India is lacking behind in the population as well as in education with comparison to the other countries. Child labor is the biggest problem due to which the population of uneducated children is increasing in our country.
In this new era, everybody wants to give international level education to their children. And it is absolutely right. Nowadays lots of international school India facilitate with such kind of education.
Education plays a very vital role in shaping one’s life and career by developing the capacities latent in human nature to the expression of progress and enrichment of society.
Every country requires educated and learned citizens. Unless people are educated they can not help the nation nor can they grow, so, for overall development education is a pre-requisite. Thus, education is a factor in nation building.
Without education one can not think of surviving in this world because for proper survival one should be educated then it may be in the form of boosting human capital, social capital of earnings.
Every member of a county should must be educated and move on the right path. Education not only means that getting degrees and being a topper but also having manners, good habits, confident and also being a good person to live in the society.
One must be good in studies, co-curricular activities and other fields. But he must also take care of his personality. Personality is the main thing that shows the background, society, and also how educated a person is. But studying is equally important along with personality to get jobs, be capable to match with other people, be equally participating and confident.
People along with their subject must be aware about the world and their surroundings. They must have social values and moral values too. Education is something that an educated person must have like know, how to talk, walk, behave with woman and elders and also know to learn. The education system of India is not correct, as the teachers emphasize only on the burden of studies. Correct education can lead to a growth of a good person and can also lead to success.
Correct education is the only way of living a comfortable and happy life. Be calm, be cheerful, be strong and you can surely receive a good education and good personality