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UK edtech Pearson to raise India headcount by 43% in three years

UK edtech Pearson to raise India headcount by 43% in three years

Reuters13-06-2025

CHENNAI, June 13 (Reuters) - UK-based Pearson (PSON.L), opens new tab plans to boost its workforce in India by about 43% to 2,000, an executive told Reuters on Friday, months after the education firm named India one of its top three priority markets globally.
"We will invest significantly in India. We have got three very strong locations and we want to grow in all of these different locations," said Vishaal Gupta, president of enterprise learning and skills division and chair of India at Pearson.
Pearson India operates in education and assessment markets, targeting school goers, students aspiring for colleges overseas and corporate professionals.
The company will hire across various functions, including local business operations and global tech, over the next three years, Gupta said, while ruling out the launch of any new office location. It currently has offices in Noida, Bengaluru and Chennai.
Pearson's shares hit a 10-year high in February after the company reported a rise in profit and said deploying AI would help deliver more growth in 2025.
India's ed-tech market, which was valued at $7.5 billion in 2024, is projected to grow more than three-fold to $29 billion by 2030, according to a Grant Thornton report.
In India, Pearson competes with IDP Education (IEL.AX), opens new tab and Educational Testing Service in overseas education segment, and with Upgrad and Coursera in the digital-learning market.
Gupta said the company will focus on government, Indian conglomerates and global capability centers, where a shortage of skilled workers poses a challenge amid growing demand for AI upskilling.
Global capability centers, commonly known as GCCs, are local offices set up by large global companies in India to support their global parent in daily operations, finance, R&D and product development functions.
GCCs are projected to contribute 2% to India's GDP by 2030, according to ICICI Securities, up from less than 1% currently.

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Top Scottish private school bought by Qatari with links to royal family
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time5 hours ago

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Top Scottish private school bought by Qatari with links to royal family

​One of Scotland's most prestigious private schools has been bought by the former deputy prime minister of Qatar. Glenalmond College, a Presbyterian boarding school founded in 1847 by William Gladstone, is now in the hands of 35 Education, a company that styles itself as 'a philanthropic education enterprise'. The new owner is a joint venture between Professor Basak Akdemir, a Turkish academic and businesswoman, and Khalid bin Mohammed al-Attiyah, who served as deputy prime minister and foreign affairs minister and has links to Qatar's royal family. Akdemir said a generous investment would bring Glenalmond 'up to standard' over the next two to three years. There are plans to open a chain of Glenalmond Colleges across the world. The takeover has prompted concern from some people close to the school who take issue with Qatar's human rights record towards women and the LGBT community. Falling roll numbers and the financial difficulties common in the private school sector had made the sudden takeover a 'necessary step', insiders said. Lucy Elphinstone, who has been appointed executive principal of the Glenalmond Schools Group, said: 'Absolutely no parents or staff or anybody has raised any issues whatsoever. And there is no association with his excellency, except that he has given incredibly generously and is president of ­Glenalmond. 'We have on our governing body the primus of the Episcopalian Church and a second bishop, and they have looked into this very carefully and feel there's going to be no influence.' Attiyah, who has also funded 40 scholarships, has been appointed president of the schools group but will not be involved day to day. Elphinstone said that the move might prove to be a model for other fee-paying British schools and she expected more money from the Middle East to be invested in the private system. Other schools, she said, 'would give anything to be in the position we are in'. She added: 'I've had other heads phone me to ask if the professor has a brother or sister who might like​ to invest in my school, and can you introduce me.' A check with the Office of the Scottish Charity Regulator showed ­Glenalmond College had failed to file its accounts on time. They are nearly two months overdue. Companies House filings show that 35 Education was incorporated on January 6. Akdemir confirmed that the business was set up for the purpose of taking over ­Glenalmond. She is the sole director and has a background in shipping with a speciality in artificial intelligence. Akdemir has been appointed head of the board of directors of the school. A statement from the college in Perth and Kinross, which was built to be 'the Eton of the north', said a new board had been appointed as part of a 'change in personnel'. The school's constitution dictates that a descendant of Gladstone, the four-time prime minister, and the primus of the Scottish Presbyterian Church must sit on the board. Glenalmond is called 'Coll' by the school community. One former governor, who asked not to be named, said: 'I hope this is going to be good for Coll in the long term — these are challenging times for the sector and all new investment is to be welcomed.' They called for 'more openness' over the move and added: 'The investment appears to be coming from an expert in Turkish maritime higher education and a former minister in a repressive government that does not allow free speech and is intolerant of the LGBTQ community. The chair of governors has resigned but nothing is being said about the rest of the governing council. Glenalmond has a proud history; it would be a tragedy if it were to be mired in controversy.' Akdemir said she had been looking for a school to invest in 'for some time' and chose Glenalmond for its history and 'glorious campus'. Elphinstone said: 'The raw material, the canvas of the college, is so wonderful, so glorious, and has such potential. But, as with all schools, over the past decade it's been harder to attract students. Pressure has come upon our ability to be able to develop and expand in the way that all schools are wanting to in terms of their facilities and their provision.' ​Elphinstone highlighted the pressure on private schools following the introduction of VAT on education and boarding fees as well as the rise in national insurance contributions and the loss of business rates relief. These, she said, had made it impossible for 'parents clinging on by their fingernails to give an independent education to their children'. She has offered places to families at schools that have recently announced closure, saying the plight of the UK's fee-paying schools is a 'desperate situation'. Elphinstone, who was headmistress of a school in London where Akdemir sent her daughter, described the takeover's provenance as an 'extraordinary quirk of fate'. She added: 'I didn't realise that her parents felt they owe this great debt of gratitude to my school, and perhaps to me.' Akdemir had spent a year looking for the right school to buy and saw Elphinstone's name on the list of governors of Glenalmond. Elphinstone added: 'It is utterly miraculous. I am a Christian and I do believe this was an act of God … The staff live on campus and with the pupil numbers going down, they were thinking, 'Is it going to be OK?' Now, hopefully for another 178 years at least, the school will flourish.' Miles Briggs, the education spokesman for the Scottish Conservatives, said the news indicated the pressures caused by Labour's 'misguided' economic policies that are 'failing to bring in the predicted revenue, costing jobs, letting down pupils and placing extra strain on state schools'.

Top headteacher's fury at politicians who 'delight in the demise of independent schools'
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The head of one of the largest private schools in the UK has hit out at politicians who 'delight in the demise of independent schools' and says her school makes £45m a year for the Scottish economy. Lisa Kerr, who formerly led King Charles 's old school Gordonstoun, said those driven by their 'ideological beliefs' failed to recognise the massive economic benefits of private schools. Now Principal at prestigious George Watson's College in Edinburgh, where 1 in 4 pupils attend private schools, one of the highest numbers in the UK, said: 'Our school alone contributed £34.8 million in GVA (gross added value) to the Edinburgh economy, supporting 580 jobs in the city. 'Across Scotland, our impact rose to £44.7 million GVA and 680 jobs.' And Ms Kerr, who has previously slammed the government's VAT on fees tax raid as an 'existential threat' for private schools, said: 'The impact on Treasury coffers and state school places is only half the story. 'Those whose motivations are ideological and who delight in the demise of independent schools miss the significant economic impact we have on our communities and the benefits that are at stake as the sector shrinks.' Pointing out the huge savings City of Edinburgh Council had made because of children being educated outside the state sector, she explained: 'By educating nearly 2500 pupils, our school saved the public purse a staggering £18.9m with £15.7m of this directly relating to savings made by City of Edinburgh Council from us educating pupils in this area. 'In addition to the staff we employ directly, the school has a valuable and long term supply chain including catering, construction, engineering and cleaning, some for as long as 25 years.' The Labour-run council has been in the firing line since The Mail on Sunday first revealed its hardline anti private school policies such as charging sick kids on cancer wards at the Royal Hospital for Children and Young People in Edinburgh £115 an hour for tuition if they went to private schools while state school children received it free. Ms Kerr also warned the huge numbers quitting the independent sector – 'four times the government estimate at 13,000' – would have a devastating impact on the state sector. She said: 'Once numbers are in for the rest of the year, the Treasury sums will be further adrift. The numbers for this flawed policy just don't add up; not only will the government fail to raise the promised income but it will put serious strain on the public purse as more pupils are forced to move to already stretched state schools.' Ms Kerr has previously revealed admissions numbers are dropping at the historic college, originally founded in the 18th century, where fees have risen by up to £19,991 a year because of VAT on school fees. And she warned local partnerships which had delivered 'significant positive social impact' including work with the Edinburgh Food Project, an HIV education project and work with local primary schools were now under threat. 'As admissions and pupil numbers fall due to the introduction of the politically driven education tax, these benefits are at significant risk. This will not only damage Edinburgh's economy but will also increase the taxpayer burden. 'It is time for the government to go back to the calculator, be honest about the actual benefits that any school will ever see and to rethink this policy.' The UK Government has repeatedly defended its stance, stating that ending tax breaks for private schools will raise £1.8billion a year by 2029/30, to be spent 'supporting the 94 per cent of children in state schools'.

EV Shops Ditch Grease for Tablets: How Auto Repair Shops Are Transforming
EV Shops Ditch Grease for Tablets: How Auto Repair Shops Are Transforming

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