logo
#

Latest news with #TFCs

Call option: Askari Bank to redeem Rs6bn TFCs early
Call option: Askari Bank to redeem Rs6bn TFCs early

Business Recorder

time2 days ago

  • Business
  • Business Recorder

Call option: Askari Bank to redeem Rs6bn TFCs early

Askari Bank Limited has announced plans to redeem its Rs6 billion (USD 21.14 million) subordinated, unsecured Term Finance Certificates (TFCs) in full by exercising a call option. The listed bank disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. 'Notice is hereby given to the TFC Holders of the rated. subordinated and unsecured TFCs in the aggregate amount of PKR 6,000,000,000/- of Askari Bank Limited, that the Issuer wishes to exercise the call option in full in respect of the TFC Issue in accordance with Clause 3.12 of the trust deed dated December 24, 2019, executed between the issuer and Pak Oman Investment Company Limited,' read the notice. The redemption, set for September 17, 2025, will cover the entire outstanding principal along with accrued profit up to the date, subject to applicable taxes and Zakat deductions, Askari said. For determining eligibility, the bank will close the transfer books for the TFCs from September 2 to September 16, 2025 (both days inclusive). Askari Bank's Zia Ijaz gets FPT clearance from State Bank Askari Bank Limited was incorporated in Pakistan on October 9, 1991, as a Public Limited Company. The bank is a scheduled commercial bank and is principally engaged in the business of banking as defined in the Banking Companies Ordinance, 1962. The ultimate parent of the bank is the Fauji Foundation.

TNEA 2025 Counselling: How to choose right college, course during choice filling
TNEA 2025 Counselling: How to choose right college, course during choice filling

Indian Express

time07-07-2025

  • General
  • Indian Express

TNEA 2025 Counselling: How to choose right college, course during choice filling

TNEA 2025 Counselling: The Tamil Nadu Engineering Admissions (TNEA) 2025 has commenced. According to the tentative counselling schedule, this year, counselling registration and choice filling begins on July 7 for special categories, including ex-servicemen, sports and others. Following which general counselling round is scheduled to begin on July 14. Candidates will be required to log into the portal at and register themselves, and subsequently submit their choices for college seat allotment. TNEA Rank List 2025: Over 2.3 lakh candidates qualify for choice-filling Earlier last month, the TNEA released the rank lists which was made available both as a general PDF list containing the application number, aggregate mark, general rank followed by community and community-wise rank. Alternately, they can log into the candidate portal and check their rank and scores. When will TNEA 2025 General Counselling begin? According to the tentative schedule announced on the website of TNEA, for candidates with aggregate marks between 200.000 and 179.000 and general ranks from 1 to 39,145, Round 1 of TNEA 2025 General Counselling will begin with choice filling from July 14 at 10 am, till July 16, 5 pm. The tentative allotment will be released on July 17, and candidates will be required to confirm it the same day. The provisional allotment will follow on July 18, and candidates who opt to accept and join must confirm their seats before 10 am on July 19. These candidates are then required to join their allotted colleges between July 19 and July 23. Meanwhile, those who select the Accept & Upward option should report to their respective TNEA Facilitation Centers (TFCs) by July 26, when the provisional allotment for upward opted candidates will also be published. Subsequent rounds will take place after round 1 completes. This year witnessed a record surge in participation, with 2,39,299 students entering the choice filling phase, nearly 40,000 more than last year. In such a highly competitive environment, selecting the right college and course goes beyond popularity or cutoffs. Students must adopt a well-researched, multi-factor approach to improve their admission chances and long-term outcomes. Start with autonomous colleges for academic flexibility One of the first criteria students should consider is whether a college is autonomous. Autonomous institutions offer greater academic flexibility, with quicker syllabus updates, industry-relevant course design, and more efficient exam and result systems. These factors make them better equipped to adapt to evolving industry needs and often lead to improved teaching-learning experiences. Placement records should be evaluated over a three-year span When assessing placement performance, it is essential to look beyond the latest figures. Many colleges advertise only their highest packages or recent spikes, which can be misleading. Instead, students should analyse placement data from the last three years. Consistent average salary packages, stable recruiter participation (including MNCs, core companies, and startups), and a functional placement cell with internship tie-ups are key indicators of reliability. For example, a college maintaining a Rs 4–6 LPA average salary with a Rs 6–9 LPA highest package over three years is more dependable than one showing dramatic one-time highs. Look at cutoff trends over multiple years Another common mistake is relying only on last year's cutoff. Students should study cutoff data for at least the last three years to understand trends, stability, and the college's demand level. They should also compare branch-wise and community-wise closing cutoffs. Colleges with consistently high closing scores—180 and above—can be considered top-tier, while those ranging between 150 and 180 are mid-range. Colleges with closing cutoffs below 130 require closer evaluation and further research before being considered. Faculty profile determines academic depth The strength of the teaching faculty plays a significant role in determining the academic environment of a college. While choosing institutions, students should try to identify whether the faculty have doctoral degrees, backgrounds from IITs or NITs, industry experience, or research exposure. Colleges with a high proportion of qualified, experienced, and research-active faculty tend to offer deeper academic engagement and better mentoring support. Infrastructure and labs should support practical learning For engineering education, robust infrastructure is critical. This includes modern laboratories, digital classrooms, high-speed internet, and campus facilities that support innovation and research. Students are encouraged to take campus tours—either in person or virtually—and refer to student reviews or official college channels to understand the actual state of infrastructure. Industry collaborations and centers of excellence add value Students should give preference to colleges that have signed Memoranda of Understanding (MoUs) with top companies like TCS, Infosys, Google, or have government-supported Centers of Excellence. These institutions often allow students to work on live projects, gain industry certifications, and benefit from early exposure to practical challenges, all of which can enhance both employability and academic relevance. Stream selection must align with career goals While the institution is important, the choice of branch or course is equally crucial. Students should choose a stream based on their interest, aptitude, and long-term career aspirations. Whether opting for emerging fields like Artificial Intelligence or Data Science, or traditional disciplines like Mechanical or Civil Engineering, the focus should remain on relevance and interest. Trends and peer pressure should not dictate this decision. A well-matched stream can lead to more fulfilling academic engagement and broader placement opportunities. Location can impact accessibility and opportunities The geographical location of a college also matters. Students should consider travel convenience, hostel availability, and proximity to industrial or IT hubs. Colleges located near urban or industrial zones often offer more internship options, guest lectures, and placement exposure compared to those in remote locations. Institutional quality: Additional filters to refine your list After evaluating academic and placement-related aspects, students should also refer to formal accreditation and ranking systems to validate their choices. NAAC accreditation helps gauge overall institutional health The National Assessment and Accreditation Council (NAAC) assesses institutions based on various parameters such as teaching-learning quality, infrastructure, governance, and academic outcomes. Colleges with NAAC grades of A++, A+, or A are considered high-performing. Those with B-level ratings offer moderate quality, while grades C or below may signal serious concerns. While NAAC should not be the only deciding factor, it can help differentiate between colleges that appear similar on the surface. Use NIRF rankings judiciously The National Institutional Ranking Framework (NIRF) provides annual rankings based on research, graduation outcomes, outreach, and other broad criteria. While these rankings are helpful, they should be used as a secondary filter. Colleges ranked within the top 300 generally indicate good performance but may differ significantly in terms of undergraduate teaching or student experience. Hence, NIRF should complement—not substitute—other more practical metrics like placements and academic quality. Evaluate the course: Align branch selection with future scope Apart from college selection, the branch of engineering a student chooses has a lasting impact on career direction. In many cases, a student may benefit more from pursuing a high-quality course in a mid-level college than opting for an irrelevant course in a top-ranked institution. Courses that are accredited by the National Board of Accreditation (NBA) are usually more industry-aligned and outcome-focused. NBA-approved branches typically feature better-designed syllabi, skilled faculty, and advanced labs, all of which improve both learning and placement outcomes. Ultimately, students should select a course that not only aligns with current industry demand but also resonates with their personal interests. Streams like Computer Science, ECE, Mechatronics, or Biotechnology offer cross-industry applications and flexibility, while core branches like Civil and Mechanical Engineering continue to hold value, particularly in government and infrastructure sectors. (With expert inputs from Dinesh Prabhu, Career Guidance Expert & Analyst)

Tamil Nadu Engineering Admissions 2025: Rank List Out, Check Direct Link To Download PDF
Tamil Nadu Engineering Admissions 2025: Rank List Out, Check Direct Link To Download PDF

NDTV

time27-06-2025

  • Science
  • NDTV

Tamil Nadu Engineering Admissions 2025: Rank List Out, Check Direct Link To Download PDF

TNEA Rank List 2025: The Directorate of Technical Education (DoTE), Tamil Nadu, has released the Tamil Nadu Engineering Admissions (TNEA) 2025 rank list on the official website - A total of 2,39,299 candidates have been allotted ranks in this year's general list. Candidates who secured the highest possible aggregate score of 200 have received ranks ranging from 1 to 141. The rank list includes the applicant's name, application number, date of birth, aggregate marks out of 200, community, and corresponding community rank. The counselling process for TNEA 2025 will begin on July 14 and continue till August 19. Candidates who wish to raise objections regarding their rank can submit grievances in person at the office of the TNEA Secretary or nearby TNEA Facilitation Centres (TFCs) between June 28 and July 2. Here's How To Access TNEA Rank List 2025 Visit the official portal, click on the 'Rank Details' link, select their category Download the relevant PDF. The rank list has been prepared using normalised Class 12 scores. Mathematics carries the highest weightage (100 marks), while Physics and Chemistry together account for the remaining 100 marks. In the event of tie scores, the inter-se merit is determined by subject-wise percentages, total marks, date of birth (preference to older candidates), and random number allocation. Candidates whose names appear in the rank list are eligible to take part in the counselling process, which includes choice filling, seat allotment, and reporting to the allotted colleges.

TNEA registrations pick up pace at Tiruchi district's facilitation centres
TNEA registrations pick up pace at Tiruchi district's facilitation centres

The Hindu

time14-05-2025

  • General
  • The Hindu

TNEA registrations pick up pace at Tiruchi district's facilitation centres

A week after it was declared open, student registration for Tamil Nadu Engineering Admissions (TNEA) has been proceeding at a brisk pace at the four facilitation centres in Tiruchi district, largely due to a resurgent interest in the subject this year. The TNEA committee had commenced single-window admission process for engineering, polytechnic, and arts and science programmes for the academic year 2025-26 on May 7. The last date to register for online admissions through is June 6 and the last date to upload documents is June 9. 'We have helped to register 70 students so far, and are expecting more in the coming weeks, as there is a greater interest in engineering this year. We had 1,024 registrations in the last academic year; the number may be significantly higher in 2025,' T. Senthilkumar, dean, University College of Engineering (BIT Campus), Anna University, told The Hindu. Besides the varsity, the Government Polytechnic Colleges in Thuvakudimalai and Srirangam, and Government College of Engineering, Srirangam, are the other TNEA Facilitation Centres (TFCs) in the district. 'There is a greater awareness of engineering among male and female students compared to previous years. We have already registered 50 persons in the past week,' said P. Vanitha Muthu, head, Department of Computer Science, and TFC coordinator at Government College of Engineering, Srirangam. The TFCs have deputed staff teams to help applicants complete the online registration. Sources said that quite a few students were opting to register through external e-service centres to save time. 'Applicants should be careful to see that the online form is filled correctly. Very often the selection for the First Generation Graduate Scholarship Scheme or the reservation available for government school students is missed by outside browsing centre staff, that could deprive the applicant from fee concessions. Rectification of data is a long-winded process, which is why it is better to get registered through a designated centre,' said a TFC team member.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store