President donates $1M to Saraswati Vidya Niketan School

first_imgAs the Saraswati Vidya Niketan (SVN) School on Sunday afternoon honoured the graduates of the institution for their outstanding performance at this year’s Caribbean Secondary Education Certificate (CSEC) and Caribbean Advanced Proficiency Examinations (CAPE), President David Granger announced that he would be donating million to the school.The top student of SVN Ramkumarie Ramdass receiving the President’s award from President David GrangerThis, along with a gold plaque to feature the names of the school’s top student each year, beginning from 2016, was handed over by the President.More than 80 students, along with family and relatives, attended the grand ceremony held at the school, on the West Coast of Demerara, Region Three (Essequibo Islands-West Demerara)For 2016, SVN stands second in Guyana with regard to the number of students who graduated with 11 grades one at the examinations, with 24 of the students copping eight grade ones or more.Ramkumarie Ramdass copped the top position at the institution, attaining 19 grade ones.She was greatly honoured by President Granger for her outstanding performance, receiving the President’s Award, along with a cheque for $20,000 and a laptop computer. Both Ramdass and the second best graduating student, Kimberley Najab, were presented with US$500 also.Najab was also presented with the Prime Minister’s Award of Excellence by Mrs Sita Nagamootoo, the wife of Prime Minister Moses Nagamootoo.The Head of State, during his remarks, underscored the importance of values which are being instilled predominantly at the institution.According to the President, education is about inculcating values, as the two go hand in hand.“Education is never a matter of simply getting a job, its values cannot be measured in employment alone. Education is about inculcating values,” he said.The Head of State, while reflecting on the roots of education in Guyana said, “It is from the families and the religious organisation that our poor foreparents build their children’s education after the end of indentureship and they did this with the values that they instilled.”He noted that the SVN fully displayed what was learnt from our foreparents in terms of educating students.“There is no better place than SVN to speak about those values. This very institution is a monument to our diversity. The name itself is not only indicative but also inspirational,” the President stated.The name Saraswati Vidya Niketan is a merger of Saraswati, the goddess of knowledge, and Vidya Niketan which means house, thus meaning House of Knowledge.The President then praised the school for its outstanding work, noting that it was an example to be followed.“It is good for us to gather here at the SVN and it is an example not only to the Hindu community but to the entire Region Three and to the rest of the country. Education enhances skills and emancipates the mind from arrogance, from anger and from hatred. Education can achieve a lot, but only if it is accompanied by certain values and this school combines the values that which value education.”Special invited guest speaker at the event and a former Professor of the University of the West Indies, Clement Sankat lauded the students for their accomplishments.“I don’t know how you do it, but you students have all done such outstanding work: you are all winners,” he declared.Sankat congratulated the school’s board for its outstanding performance over the years, noting that the SVN must be extremely proud of its achievements.He focused his attention on the fact that SVN does not have a National Grade Six Assessment (NGSA) marks limit for admittance to the school. Students who gained low marks at the Assessment, such as 320 marks, are admitted. “They did not do well at previous examinations and through this institution, they are opening doors to future careers which they could not have done otherwise,” he stated and praised the SVN.Principal Swami Aksharananda also praised the students, noting that the institution was proud of them and their accomplishments.last_img read more

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Content, technology courtship

first_imgSAN FRANCISCO – News Corp.’s Rupert Murdoch has a $5 billion crush on the owner of The Wall Street Journal, Reuters PLC is the apple of Thomson Corp.’s eye, and Microsoft Corp. is again apparently flirting with Internet icon Yahoo Inc. The media mating dance that broke out this week is part of a mad scramble to find the right mix of technology, business savvy and content to remain relevant and profitable amid the sociological and financial upheaval wrought by the rise of the Web. “Media companies are trying to adapt quickly and they are looking for some help,” said Ryan Jacob, a money manager who runs a fund specializing in Internet stocks. Even mighty Microsoft – the world’s most valuable technology company and a catalyst in the personal computer revolution – seems uncertain about its ability to cope on its own. Any discussion about the media’s challenges and opportunities these days usually involves Google Inc., whose Internet-leading search engine has become the Web’s biggest moneymaking vehicle as well as an influential gateway to other online destinations. As the operators of the second- and third-largest search engines behind Google, Microsoft and Yahoo obviously may be trying to figure out if they would be better off trying to gang-tackle the industry leader. Even if they were to combine, Microsoft and Yahoo would still trail Google in the lucrative search-engine race, according to the latest data from comScore Media Metrix. Google ended March with a 48 percent share of the U.S. search market, trailed by Yahoo at 27.5 percent and Microsoft at 11 percent, comScore said. “This deal can’t just be about chasing Google in search because that is a losing battle,” said Forrester Research analyst Charlene Li. “It has to be about creating something more powerful, something they could do better than Google.” Google’s whirlwind success after just 9 years in business also has galvanized other media trying to plumb new revenue channels in hopes of approaching Google’s outlandish profit margins. In the first three months of this year, Google earned $1 billion on the $2.54 billion in revenue.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! How else to explain Microsoft’s reported decision to renew its on-again, off-again merger talks with Yahoo? Although neither Microsoft nor Yahoo would confirm negotiations first reported by the New York Post, some investors seem to think the couple could make it to the altar this time. Yahoo shares shot up by more than 19 percent Friday before settling back to finish at $30.98, up $2.80, or 9.9 percent. Redmond, Wash.-based Microsoft is reportedly considering paying about $50 billion, or $35 to $37 per share, for Sunnyvale-based Yahoo. Although he doubts the deal will get done, Standard & Poor’s equity analyst Scott Kessler understands why it might make sense for Microsoft and Yahoo to get together. “A merger would address the major problem that both companies have been trying to deal with,” Kessler said. “They both have a lot of users, but their problem has been translating that into higher revenue and profits. Neither has been doing it as well as Google.” last_img read more

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