Chitchat Good News! Raffles College India Collapsed - More Indians Students Cumming to SG!

[Pinkieslut]

Not just Bengaluru branch, 3 other Raffles colleges shut down

Deepika Burli | TNN | Updated: Nov 26, 2016, 05.46 AM IST

BENGALURU: Indian campuses of the premier Singapore-based design institute Raffles seem to be jinxed. Apart from the Bengaluru college, the Delhi, Hyderabad and Chennai branches of the institute have also shut down.
Last week, students of Raffles Millennium International in Bengaluru were shocked when they learned about the development. Citing a dispute between the institute and its Indian promoter as the reason for the closure, the students were left with just two options — head to Singapore to complete the course or opt out and take home a refund. The colleges are run by EduComp-Raffles Higher Education Limited (ERHEL).

Sunil Peters, vice-president, India operations, confirmed the closures. "The colleges in Delhi, Bengaluru, Hyderabad and Chennai have ceased to operate," Peters said in an email statement to TOI from Singapore on Friday. He said: "All the affected students can complete their course at other Raffles colleges. The initiative will be funded by the Raffles Entities even though the accountability rests with ERHEL..We will extend financial assistance to RMI employees whose salaries have not been paid by ERHEL."

However, students who enrolled for the course in Bengaluru are confused. Manila (name change) has completed 15 months in the institute and has decided to opt for the refund. "I joined the institute, thinking it was best. I didn't know things would turn so ugly. I don't know when will I get the refund. The management told us it would get back to us next week," said Manila.

Parents of Ruchika Jha (name changed) have decided to send her to Singapore so that her academic year is not wasted. "I have lived in Singapore for a long time so I know how it is there. But the cost of living is much higher so we may have some financial trouble," said Neeraj (name changed), Ruchika's father.

He added, "When our daughter begins her course in Singapore, we will have to pay the tuition fee as as per the Bengaluru fee structure. We were told Raffles would bear the travel expenses. Now we have to run around to get the paperwork for her visa ready."

Parents said they have paid Rs 15 lakh for the courses and have been promised a refund of Rs 10 lakh. While the students are worried about their future, parents feel let down by the institute.

EduComp Solutions Limited said: "The dispute between Raffles and Educomp with regard to EduComp-Raffles Higher Education Limited is at the shareholder level and has no bearing on the operational matters. Educomp is only an investment partner and has no knowledge of the operational problems and the commitments made to the students."

Established in 1990, Raffles colleges are spread across 14 countries in Asia-Pacific. They offer courses in fashion designing, graphic designing, interior designing, jewellery designing, multi-media designing, product designing, animation and game designing.

 

[tanwahtiu]

Why Under pinky thinks don't do well.

Lifts break down
Riots in little India
Now even in india school breakdown too.

 

[shittypore]

Why Under pinky thinks don't do well.

Lifts break down
Riots in little India
Now even in india school breakdown too.

It only happens to tos who seek greed and richness at the expense of the Nation and their own health.

 

[virus]

It only happens to tos who seek greed and richness at the expense of the Nation and their own health.

they should just head for south pacific u. it would not collapse like a deck of card.

 

[Brightkid]

My guess is, it's actually a ploy to pull wool over sinkies' eyes.

Once the schools were set up and now closed, many Ahnehs will be heading for Sinkiepore as a student. Thereafter, since they are already here, might as well work here as work permits can then be easily justified.

There you go, many many Ahnehs now in Sinkiepore to take jobs away from sinkies.

 

[Jah_rastafar_I]

Not just Bengaluru branch, 3 other Raffles colleges shut down

Deepika Burli | TNN | Updated: Nov 26, 2016, 05.46 AM IST

BENGALURU: Indian campuses of the premier Singapore-based design institute Raffles seem to be jinxed. Apart from the Bengaluru college, the Delhi, Hyderabad and Chennai branches of the institute have also shut down.
Last week, students of Raffles Millennium International in Bengaluru were shocked when they learned about the development. Citing a dispute between the institute and its Indian promoter as the reason for the closure, the students were left with just two options — head to Singapore to complete the course or opt out and take home a refund. The colleges are run by EduComp-Raffles Higher Education Limited (ERHEL).

Sunil Peters, vice-president, India operations, confirmed the closures. "The colleges in Delhi, Bengaluru, Hyderabad and Chennai have ceased to operate," Peters said in an email statement to TOI from Singapore on Friday. He said: "All the affected students can complete their course at other Raffles colleges. The initiative will be funded by the Raffles Entities even though the accountability rests with ERHEL..We will extend financial assistance to RMI employees whose salaries have not been paid by ERHEL."

However, students who enrolled for the course in Bengaluru are confused. Manila (name change) has completed 15 months in the institute and has decided to opt for the refund. "I joined the institute, thinking it was best. I didn't know things would turn so ugly. I don't know when will I get the refund. The management told us it would get back to us next week," said Manila.

Parents of Ruchika Jha (name changed) have decided to send her to Singapore so that her academic year is not wasted. "I have lived in Singapore for a long time so I know how it is there. But the cost of living is much higher so we may have some financial trouble," said Neeraj (name changed), Ruchika's father.

He added, "When our daughter begins her course in Singapore, we will have to pay the tuition fee as as per the Bengaluru fee structure. We were told Raffles would bear the travel expenses. Now we have to run around to get the paperwork for her visa ready."

Parents said they have paid Rs 15 lakh for the courses and have been promised a refund of Rs 10 lakh. While the students are worried about their future, parents feel let down by the institute.

EduComp Solutions Limited said: "The dispute between Raffles and Educomp with regard to EduComp-Raffles Higher Education Limited is at the shareholder level and has no bearing on the operational matters. Educomp is only an investment partner and has no knowledge of the operational problems and the commitments made to the students."

Established in 1990, Raffles colleges are spread across 14 countries in Asia-Pacific. They offer courses in fashion designing, graphic designing, interior designing, jewellery designing, multi-media designing, product designing, animation and game designing.

Oh fuck no!!! we have more than enough shit skins here to last us 100000 lifetimes.

 

[frenchbriefs]

singapore continues to be a prostitute gateway for shitskins to the west.

 

[duluxe]

The host country should do it right to treat the Indian students well. Of course, Raffles would have to bear the travel expenses and resposnsible for any distress experienced by the Indian students leaving their homeland.

 

[Rogue Trader]

Stupid fuck Pap must have set up this school as part of the Ceca deal, not aware that doing business India is one of the most dangerous ideas ever

 

[frenchbriefs]

I'm just curious,who is crazy enough to go all the way to another country especially a expensive one just to complete a degree mill course,these fuckers are obviously looking for any excuses to come to Singapore.any diploma or degree with the name Raffles on it is like a golden ticket to get a job in Willy Wonka Singapore factory.

 

[Brightkid]

In the 80's every giant companies setup business in India hoping for a slice of the pie when India opens up.

In the 90's everyone losing money still.

In the 2000's interest waned but since invested millions, they continue to pour $ in hoping to recover their investment.

Now in 2010's most, if not all, still loosing their pants,yet SG went in like a chicken and has its head slaughtered.

Obviously, those SG scholars are very much wet behind their ears with zero business experience leading SG to be held in ransom till today. Let's see how CECA will, if not cause more hardships, benefit the citizens.

 

[Pinkieslut]

In the 80's every giant companies setup business in India hoping for a slice of the pie when India opens up.

In the 90's everyone losing money still.

In the 2000's interest waned but since invested millions, they continue to pour $ in hoping to recover their investment.

Now in 2010's most, if not all, still loosing their pants,yet SG went in like a chicken and has its head slaughtered.

Obviously, those SG scholars are very much wet behind their ears with zero business experience leading SG to be held in ransom till today. Let's see how CECA will, if not cause more hardships, benefit the citizens.

Do you know Singapore is the largest Foreign Investor in India? I am not joking. Just Google it. We are larger than US, EU and Japan! The angmo was burnt a few years ago many has pulled out.

Capitaland investment millions but now will be burnt quite hard with the Demonetization campaign which will see property prices there crashing another 30 percent (already crashed early this year).

Now you know why LHL so eager to fixed the President candidate to a Malay woman.

 

[Pinkieslut]

March 2016:

Foreign Direct Investment (FDI) inflow in the country increased by 29.32% compared to previous year and stood at $40 Billion for FY 2016. The FDI stood at $30.9 Billion for the same period, previous fiscal.

Nearly 55% of the FDI inflow came from Singapore ($13.6 billion) and Mauritius ($8.3 billion) for the FY 2016. The US contributed only 10% ($4.19 billion) of the FDI inflow. The significant inflow from smaller countries has made government to rethink about their tax avoidance agreements with these countries. This further has prompted the government to change the a tax treaty with Mauritius government.

Do remember Mauritius is another Indian dominated country (they actually import Indian immigrants similar to Singapore importing PRCs).