CBSE sends guidelines on grading system to affiliated schools

The Central Board of Secondary Education (CBSE) has sent the guidelines on grading system to the affiliated institutions. The circular contains a detailed description of the new examination pattern and the ways to assess performance of a student.

Earlier, CBSE had decided to adopt a grading system for class X instead of the current board system to reduce the examination pressure on the students.

Mr. Kapil Sibal, HRD Minister made the announcement about the examination reforms.

The government has planned to switch over to the grading system from the October month of this year, and the Class-X board exam will be scrapped from 2011. In addition to grading system, the government will also start a school-based evaluation system for the students, which will cover every phase of their development.

Under the switching process, CBSE has already rolled out the road map for a Continuous and Comprehensive Evaluation (CCE) system. The CCE system will be implemented from the next month for the students who are presently studying in class IX. The system will evaluate students on the basis of their performance in curricular and co-curricular activities.

However, there is a provision available for those students who want to go with the board examination. The interested students can go for board exams under the scheme “exam on demand”.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.