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Why foreign institutes dig Indian market

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For foreign universities, which haven't yet recovered fully from the aftershocks of the worldwide recession, India presents, to quote a word re-introduced into the English vocabulary by Tim Burton's Alice in Wonderland , a 'frabjous' opportunity. More than 100,000 students leave Indian shores annually to study at universities abroad. Their presence has made foreign universities wake up to the incontrovertible fact that there's another 'creamy layer' below these students abroad whose families are prepared to pay upwards of Rs 2.5 lakh a year for quality education. Profs debate Foreign Univ Bill What foreign universities Bill can't do International students are the economic mainstay of foreign universities, but these institutions are not in a position to meet the demand for the education they provide on their own campuses back home. This untapped market makes the business of overseas campuses that much more lucrative. For over a decade, foreign univer...
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Rail Budget 2012

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It's boom time again

With slowdown now history, companies line up for campus recruitment Unlike last year, when placement was a big worry for city colleges and institutes, this year they are making their own rules. With companies lining up for recruitment, several institutes have put a cap on minimum annual packages. This, when the annual packages have been increased. Annual pay packagesAt University Business School (UBS), Panjab University, the highest package has been Rs 10.4 lakh per annum this year � average package has been Rs 6.8 lakh per annum. UBS officials say as many companies are lining up for recruitment, "the highest pay package may rise further". Prof Sanjay Kaushik, training and placement officer at UBS, said, "Placements are definitely better than last year. Also, compared to last year, a few companies have increased their annual pay packages. There is a boom like situation again." Cap on pay packagesUBS has put a cap of Rs 4.5 lakh on pay packages � compa...
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