Leading global education management systems provider, Core Projects & Technologies announced that it has acquired a unit of US-based education firm The Princeton Review, for USD 20 million (nearly 97.5 crore).
In a statement, the company said that the acquisition will be completed through its wholly owned subsidiary CORE Education & Consulting Solutions Inc, USA (CECS). The statement also added that the acquisition will be funded out of debt.
It is learnt that the takeover of the K-12 division of The Princeton Review (TPR) will add about USD 24 million to the global revenues of Core Projects & Technologies.
The deal also includes the acquisition of products and solutions, along with management team of TPR.
Tel Aviv - A Palestinian armed with a knife infiltrated a Jewish settlement on the central West Bank Monday morning and stabbed three Israelis before being shot by an armed settler, a military spokeswoman in Tel Aviv said.
She said one of the three Jewish settlers stabbed was in serious condition, while the other two were moderately and lightly wounded.
The spokeswoman said the attacker was apparently killed after being shot.
The incident occurred in the settlement Qiryat Sefer, near the West Bank city of Ramallah.
Islamabad - The death toll in the weekend suicide car bombing at a polling station in Pakistan's north-western Buner district rose to 40 on Monday as more victims died in hospitals, police said.
A suicide bomber riding an explosives-laden car struck a government school, where hundreds of voters were casting ballots, in Shal Bande village at 11:00am (0600 GMT) Sunday, killing more than 15 people instantly.
The powerful blast destroyed the school building and adjacent shops serving as camps for contesting political parties and damaged nearby houses and a mosque. Rescuers dug through the rubble until late Sunday night to pull out dozens of trapped victims.
Conakry, Guinea - Guinea's new military junta has fired 22 senior military officials as it moves to strengthen its position, reports said Monday.
The BBC reported that the coup leaders on Sunday issued a statement saying the generals had reached retirement age.
The statement added that the generals would be appointed to senior positions at a later date.
Junior military officer Captain Moussa Dadi Camara seized power on Tuesday hours after the death of President Lansana Conte.
The coup has been widely condemned internationally, although Senegalese President Abdoulaye Wade on Friday urged foreign governments to back the new leaders.
Kabul - A suicide bomber detonated his vehicle filled with explosives near a US military convoy in a northern province close to Kabul city, killing two Afghan civilians and wounding 20 others, including two US soldiers, officials said Monday.
The attacker targeted a parked US military vehicle in Char-e-Kar city near the residence of Parwan provincial governor on Monday morning, Interior Ministry spokesman Zemarai Bashary said.
"Two civilians were killed and 17 others were wounded with two of them in critical condition," Health Ministry spokesman Abdullah Fahim said. Three bodyguards for the governor were among the wounded people.
Islamabad, Dec. 28: In an effort to defuse tension between India and Pakistan, China has sent a seven-member delegation headed by its Deputy Foreign Minister, He Yafei, on a visit to the two neighbouring nations.
The Pakistan foreign office spokesman, Mohammad Sadiq, informed The Dawn that the Chinese minister had arrived in Islamabad on a two-day visit.
After arriving in the capital, He Yafei met Foreign Secretary, Salman Bashir and discussed the current regional situation after the Mumbai attacks.
Yafei said that rising tension was not in the favour of India or Pakistan. He also emphasised the need to maintain peace and stability in the South Asian region.
