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Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
How a mother’s determination helped her bedridden son with a collapsed lung crack JEE and reach IIT Delhi
A student's JEE preparation was interrupted by a collapsed lung and surgery. His mother stepped in, attending online classes and creating study notes for him. Gunjan Kumar recovered and used his mother's notes for revision before the exam. He achieved a good percentile in JEE Mains and cleared JEE Advanced. This success led to his admission at IIT Delhi's Abu Dhabi campus.
RS MP & former FS Shringla launches unique initiative to boost career opportunities for Darjeeling youth
Darjeeling Welfare Society and Physics Wallah have launched DWS Utkarsh. This initiative offers free coaching for 16 competitive exams to over 10,000 students in North Bengal. The program aims to remove financial barriers for aspiring youth. Students will receive access to Physics Wallah's online learning platform. This partnership empowers young people for careers in public service and defense.
PhysicsWallah dials down schools push after investor unease
PhysicsWallah is shifting its K-12 expansion strategy to an asset-light, online-led model, moving away from capital-intensive school operations. This pivot aims to reassure investors by focusing on school partnerships and online platforms, while limiting K-12 revenue contribution to less than 1%.
RRB extends 2025 application deadline: Check new date and free modification window
The Railway Recruitment Board has extended the application deadline for Junior Engineer, Depot Material Superintendent, and Chemical & Metallurgical Assistant posts. Candidates now have until December 10, 2025, to apply. The total vacancies have also increased to 2,588. A modification window is available for applicants to make changes. All other recruitment terms remain the same.
PhysicsWallah shares soar 13% in debut trade after solid listing pop. Should you buy, sell or hold?
PhysicsWallah shares jumped up to 13% in their market debut after listing at a strong premium over the IPO price, sparking immediate interest among investors. While the edtech firm posted robust revenue growth and returned to profit, analysts remain divided, urging investors to balance optimism with caution amid competitive and regulatory risks.
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3 years ago he had not heard about NEET: Young e-rickshaw puller shares how he became a NEET rank holder
Mohammad Suhail, once an e-rickshaw puller from Muzaffarnagar, defied odds by cracking NEET with a remarkable rank of 609. Despite initial unawareness of the exam and financial constraints that halted his education, Suhail's determination led him to seek help from teachers and online resources like PhysicsWallah.
NEET aspirant sold mobile covers by day and studied at night; his NEET score stuns Physics Wallah
Rohit Kumar, a mobile phone cover seller from Jamshedpur, remarkably scored 549 in NEET-UG, securing an all-India rank of 12,484. Supported by Physics Wallah's free coaching, his dedication impressed CEO Alakh Pandey, who personally congratulated him. Balancing work and studies with immense grit, Rohit aspires to join a government medical college, symbolizing his unwavering determination to become a doctor.
Draft framework proposes sweeping changes to transport systems for persons with disabilities
A new draft framework proposes significant changes to transport systems, ensuring accessibility for persons with disabilities. The guidelines mandate wheelchair spaces in buses and trains, accessible toilets, and trained staff across transport networks. These standards aim to create barrier-free environments, aligning with the Rights of Persons with Disabilities Act, 2016, and are currently undergoing stakeholder consultations.
Physics Wallah’s Alakh Pandey comforts heartbroken JEE aspirants: 'Bahut bura lag raha na, beta?'
Alakh Pandey of Physics Wallah delivered a heartfelt YouTube message to students who didn’t clear JEE, urging them to view the setback as a learning journey and explore alternate paths. His words resonated amid the NTA’s recent results—only 24 out of nearly one million scored a perfect 100 percentile. Students praised him for revolutionizing online education and lifting their spirits.
Coursera sees spike in GenAI course demand, India leads enrolments
Raghav Gupta, Coursera's Managing Director for India and Asia Pacific, highlighted that while overall online learning growth has slowed compared to the pandemic boom, genAI courses have surged, with enrollments reaching 950,000—a 1600% year-over-year increase.
NEET 2024 results sparks concern: Physics Wallah's Alakh Pandey questions scoring, calls for more medical college seats
Physics Wallah CEO Alakh Pandey has voiced concerns over the NEET 2024 results, highlighting discrepancies in scoring and the limited availability of seats in top medical colleges. He urged for an increase in government medical college seats to accommodate deserving students. Pandey's comments went viral, sparking discussions about the fairness of the scoring system and the need for broader access to medical education.
JEE Advanced 2024 Admit Card to be available soon: Here is direct link, important dates and other details
JEE Advanced 2024 Admit Card: Get ready for the highly anticipated JEE Advanced 2024 exam! Admit cards will be available for download and review starting Friday, May 17, 2024, at 10:00 AM, until Sunday, May 26, 2024, at 2:30 PM. This exam, scheduled for May 26, is the gateway to prestigious engineering programs at IITs and other top institutions in India.
Physics Wallah shrugs off profit drop, plans more offline centres
Chief executive Alakh Pandey told ET that the offline business at Physics Wallah now contributes 40% of total revenue although it accounts for only 5% of its student base and the company is aiming to take the revenue share to about 45%.
The Netflix model may just save India’s online learning apps
Byju’s rapid decline has put a big dampener on that excitement. Yet, online education is still a viable proposition in the world’s most-populous nation, though it’s the test-prep market that has real demand, not K-12 or coding.
ETMarkets Management Talk: Physics Wallah records 3x jump in FY23 revenue, FY24 target of Rs 2,500 crore: Prateek Maheshwari
We experienced a remarkable three-fold increase in revenue, generating approximately Rs 780 crore ($95 million) in FY23 compared to Rs 233 crore in the previous year. We anticipate that the company will register a sizable profit for the year, indicating that our revenue growth is likely to translate into a significant increase in profits. We will continue to maintain the momentum of our growth in the future.
PhysicsWallah, Utkarsh Classes form JV; firms to jointly foray into new test-prep categories
The companies said in a statement that under the partnership, Utkarsh Classes will continue to lead expansion of the government test preparation category and launch offline centres in 32 cities where PhysicsWallah has already established its offline centres under the Vidyapeeth brand, which provide JEE and NEET preparation offerings.
NEET Exam UG 2023: Preparation tips you should follow before attempting the exam
The online application process begins: January 2023- The online application process ends: February 2023- Admit Card availability: April 2023- NEET Exam UG 2023 exam date: 7 May 2023- Result Declaration: June 2023. But candidates must keep in mind that these dates are subject to change and will only be confirmed by NTA authorities closer to the exam.
Institutes told to cut ties with edtech firms; states line up to woo Tesla
The University Grants Commission (UGC) and the All India Council for Technical Education told educational institutes to cancel their partnerships with edtech firms or face being derecognised.
Amazon to host its first-ever Career Day in India on September 16
The event will also see 140 Amazon recruiters offer over 2,000 one-on-one career coaching sessions for jobseekers across the country, including advice on resume-building skills and interview tips.
The CEO training no one talks about
An inside look at how coaches are helping corporate executives make faux pas-free public appearances.
China's online army shows foreign brands who's in charge
Beijing is increasingly finding itself under siege as President Donald Trump's trade war squeezes the world's second-largest economy.
Want to be your own boss? Try freelancing
Many successful freelancers in India have quit their day jobs to focus on their freelancing assignments. Many have turned full-blown entrepreneurs, taking up domestic and cross border job assignments.
Here is how companies are learning from millennials’ mistakes
As young & restless millennials become the largest demographic at work, cos are focusing on grooming them and keeping a close eye on the mistakes they make.
Use of social media for commerce is on the rise: B Amrish Rau, CEO, PayU India
The digital payments industry in India is expected to be $500 billion by 2020, according to a Google-BCG study.
No more GST confusion: Here are software and apps that help taxpayers
The GST software and applications will help the taxpayers file complex GST returns, address to taxpayers' queries and will simplify the process for the users.
From Starbucks to Facebook, corporate companies love a soaring anthem
Business is a battlefield. A rousing mantra or song can do wonders and build up the morale of employees.
Hay Group to incubate 100 Indian startups
Hay Group India has already selected about 28 out of 200 startups identified as those with potential. It will pick the remaining 72 in the coming days.
Rail Budget 2014: E-ticketing to replace existing reservation system; to offer Wi-Fi services
In what could be the most digital rail budget, the govt said it will revamp the e-ticketing reservation system to support 7,200 tickets per minute and 1.2 lakh simultaneous users.
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