Amid incessant rains, Shivamogga district administration has declared a holiday on Tuesday for schools and colleges (government and aided) in three Taluks of Malnad vicinity.
The schools and faculties will stay close in Sagar, Thirthahalli, and Hosanagara of Malnad place.
There is a flood-like scenario in northern elements of Karnataka because of Maharashtra releasing massive volumes of water from its reservoirs after receiving heavy rainfall inside the nation.
Chief Minister BS Yediyurappa on Monday conducted an aerial survey of the flood-affected regions in north Karnataka to take stock of the scenario.
The IMD has predicted sizeable rainfall over Odisha, south Chhattisgarh, south Madhya Pradesh, significant Maharashtra, south Konkan, Goa, Gujarat, Kerala, Karnataka, northern Andhra Pradesh, and Telangana in the course of the approaching days.
“Fairly massive to large rainfall with remoted heavy to very heavy falls very probably over Odisha, south Chhattisgarh, south MP, Madhya Maharashtra, south Konkan and Goa, Gujarat vicinity, Kerala, Karnataka and northerly parts of Andhra Pradesh, and Telangana at some stage in next four-5 days,” the IMD release stated.
With admire to corporation-particular issues, China Maple Leaf dissatisfied with its most current 1HFY2019 (YE August 31) effects. While headline numbers have been first-rate with 1HFY2019 revenue and net earnings up 17% (but below-consensus sales growth expectancies of +28%) and 25% 12 months over year respectively, there had been other signs and symptoms of weakness.
China Maple Leaf’s high-faculty-pupil enrollment reduced 9.2% year over year (and a corresponding -three% decline in revenue contribution from the excessive school segment) for 1HFY2019, notwithstanding universal scholar enrollment increase of 27.Five%. The decrease start fee in 2003 (the ones born in 2003 are the students applying for excessive school enrollment for the 2018/2019 school time period), the yr when severe acute respiration syndrome broke out, might be a potential contributing aspect. The decrease in excessive-school-student enrollment is of difficulty because the excessive schools charge higher tuition costs consistent with student relative to basic and center faculties.
Also, there are worries that China Maple Leaf’s increase in average tuition expenses in step with scholar may want to slow inside the coming years. This is due to the fact the excessive school phase contribution for China Maple Leaf should decline as a percentage of overall revenue, because the organization plans to construct more elementary and middle schools to behave as feeder colleges for its excessive schools.
In addition, China Maple Leaf’s gross margin reduced from 46.6% in 1HFY2018 to 43.9% in 1HFY2019, as average tuition charge per scholar declined -eight% YoY to RMB 18,000, even as universal enrollment boom of +27.Five% become partly offset by way of the 10% upward thrust in instructors’ salaries. (Salary adjustment for China Maple Leaf’s instructors is typically performed once every 3 years.)
But now not all is gloom.
The maximum critical qualitative criterion of a great faculty is its reputation, and there may be a virtuous cycle at play right here. A “correct” excessive college with an established recognition tends to draw smarter and more stimulated college students, who later get enrolled at the most respectable universities and paintings at the pleasant agencies. The excessive college alumni who did properly in both better schooling and paintings serve an endorsement of the faculty’s “nice”, which in flip results in the excessive-quality of pupil enrolling on the school.