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OYO signs MoU with Uttarakhand Tourism Development Board

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Global hotel chain OYO has signed a Memorandum of Understanding (MoU) with the government of Uttarakhand. Under the MoU, OYO has committed an investment of ₹500 crores in Uttarakhand, to boost the state’s tourism by strengthing its hospitality ecosystem.

OYO will be adding more than 35,000 rooms across cities including Dehradun, Rishikesh, Mussoorie, Haridwar, Haldwani, Kashipur, Nainital, Mukteshwar, Bhawali, Bhimtal, Roorkee, Almora, Lansdowne, Binsar, and Ranikhet.

Talking on the deal the company CEO said that “As of now we are nowadays more focused towards ensuring that we support the State’s vision to provide affordable good quality accommodations to tourists and thereby boost tourism while ensuring we promote micro-entrepreneurship by empowering independent hoteliers. The company officials over the last 5 years of OYO has built deep expertise in standardizing amenities and guest experiences in the segment which is having the budget hotels, and, therefore, this tie-up offers an opportunity to transfer those set of skills and learnings to hoteliers in Uttarakhand,”.

OYO was founded in 2013, over the last five years, Gurugram-based hospitality startup has not only become the largest hotel chain in the country but has also ventured overseas to countries like China, Malaysia, Nepal, and recently the UK.

Must Read: FreshMenu in funding talks to raise $75 million from new Investors

The startup has a presence in over 350 cities, with more than 10,000 asset partners spread across the five countries. It has grown at an outstanding rate, with more than 250,000 franchised and leased rooms as part of the hotel chain.

Along with a vast chain of budget hotels providing quality accommodations, the global hotel chain has ventured into premium category with its Palette Resorts.

Also Read: Top 10 Portfolio Investments By India Quotient in India

OYO has also ventured into other verticals like the wedding industry, with its new Auto Party venture and acquisition of wedding planning startup Weddings. It later acquired Mumbai-based AblePlus, to venture into IoT, in order to boost its technology platform and enhance customer experience.

Last month, OYO raised a gigantic sum of $1 billion from Softbank, propelling the startup to a valuation of $5 billion.

Read More: Top 9 Kalaari Capital Investments Portfolio in India

Joyce Virginia is a New York–based writer, whose work has appeared in the New York Times, Wired, Poets & Writers, and other publications. She is a member of Sisters In Crime and Mystery Writers of US.

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Education

A Guide to Study Master in Computer Science from Canada

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Canada is a place which is known for the serene atmosphere and also the communities of friendly behaviour. The country is famous for its sparsely populated provinces (ten) and territories (three) and never fails to amaze people with its bitter, cold winters. All the degrees at UG, PG, doctorate level are available in the Canadian Universities or institutions.

In this article, we will specifically discuss the Master in Computer Science program in Canada. Undoubtedly, Canada is the destination of most of the students across the globe but before heading towards the country one should have every specific detail about the procedure to get into the program

Where to Study a Master in Computer Science in Canada?

Cities like British Columbia, Quebec and Ontario are the most popular destinations of study in Canada. Many of the famous and top institutions of academics in the world are located in these cities. According to the QS rankings, two highest-ranking Canadian universities include the University of Toronto and McGill University. Also included in the global top 200 are the University of British Columbia, University of Alberta, University of Waterloo, University of Calgary and Western University.

Canadian Universities offering Masters in Computer Science

There are a few of the top-notch universities which you should keep in the list if you are planning to pursue a Master of Computer Science in Canada. Some of them are mentioned below:

University of British Columbia (UBC)

Top University for its Computer Science department which was established in May 1968 as UBC Department of Computer Science, established in, is one of the top computer science departments in North America. Six major programs are there in the university that can be picked.

Mixed major can also be selected by the candidates, which is a benefit and gives many directions to select in future. There are also honours and other programs you might prefer, such as a software engineering program, so visit this faculty’s site and read everything about your future speciality.

University of Waterloo

The University of Waterloo was established in 1957 and is positioned itself as the innovation, transformational research and entrepreneurship leader very quickly.

No rush to choose the field in the first year as choices can be narrowed down in the second year of studies. The candidates willing to take admission in the Master in Computer Science program must note that the program is of 12-16 months duration and it will cost you around 11. 5 Lakhs in the first year. a 7.5 score in IELTS exam will be the requirement.

University of Toronto

The University of Toronto has courses related to the computer science field as MS in Computer Science and MS in Applied Computing. Every year, this university boldly takes first place in different categories and specialities. Computer science is a branch that Toronto University excels in because it is built on modern trends as well as technologies. In fact, it hopes to have up to 20% of international students within its ranks in the future, so you’re going to be warmly welcomed.

Also, there is one more program which is of duration 16 months and is applied for the research program, and it is named as M.Sc. Applied Computing program.

McGill University

The department of M.Sc. Computer Science program at McGill University is the School of Computer Science which is known as the leading centre for teaching and research for computer science in Canada. Both coursework and research are included in the program. This university is a highly innovative hub worldwide.

McMaster University

At McMaster University, the major focus is on academic research and development, which is industry-relevant. There are two options for a Master degree, i.e. thesis option or project and coursework option. It is to be decided when an offer of admission is made. If you pick this respectable uni, you’ll be joining the Engineering Faculty in the CS field of study.

University of Montreal

It has a vast department of Computer Science and Operations Research that allows devising the most intricate and relevant programs for students. Applied research, access to the latest technologies — you’ll be provided with everything you need. Note that this university is French-focused, so programs are held in this language.

Simon Fraser University

There are three major departments in the CS field at this university. With a team of supremely qualified professors, this educational hub has won many prestigious awards due to its CS proficiency, such as a Sloan Fellowship, NSERC Discovery Accelerator Supplement (DAS) grants, etc. Many international students are studying CS there, reaching up to 20%, so if you are from another country, you’ll enjoy your place there.

Why Study in Canada?

  • Education is the priority for the Canadians and degrees offered are in majority equivalent to the degrees that are offered in the USA or other commonwealth countries.
  • Canada is one of the safest countries to live and study in. The global peace index ranks Canada among the top safest countries.
  • Excellence in the field like Transportation, Computer Science, Telecommunication and Engineering is the key for Canadian universities.
  • You need to produce relevant documents, apply for IELTS or TOEFL and make sure your idea behind migrating sounds trustworthy enough to the visa officers.
  • Computer Science is combined with another field as well because of its various applications. Some of them are Statistics, Mathematics, Health Sciences, Commerce, Engineering etc.

Cost and Budget Requirement

Here are the basic admission requirements asked by institutions for admission in Computer Science in Canada, although different educational institutions in Canada demand different eligibility criteria:-

  • The average cost of study in Canada for a full-time postgraduate degree for an international student is approximately twenty thousand dollars
  • Based on the choice of program, the tuition fees may vary.

Admission Requirements to Study Computer Science in Canada

Degrees in Canada may last from three to four years, it can be undergraduate or postgraduate degrees. The requirements to apply are as follows:

  1. Twelve years of formal school education.
  2. A good IELTS/TOEFL score.
  3. Documents which are important or as mentioned by the institution in the brochure.

Job positions like Artificial Intelligence (AI), Data Science and developers bags salaries $100,000 or more for freshers as well as fresh out of school. Artificial Intelligence is a post of the field in which candidates have graduate degrees or PhDs.

Nowadays, there are a few similar streams as Computer Science and that is Cybersecurity and Cloud Computing. So, the employment opportunities for Computer Science professionals are high as computers have become an integral part of all organizations and sectors of the economy.

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Business

Forming Foundations: What You Need To Start A Business

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Making the leap into starting a business for the first time is both risky and exciting. Fortunately, with a reasonable amount of planning and preparation, you can maximise the latter while dramatically reducing the former. However, those who are just starting out in the world of entrepreneurship may not know where to start when it comes to planning and preparing properly.

Starting with the basics is always the best place to begin. This way, you will avoid missing anything essential when it comes to setting up your business for the first time. It is best to make a list to make sure that everything is ready to go when you decide to launch.

Let’s look at some of the specific things that you will need if you are thinking of starting a business.

Financing

Business loans are a common means of securing the funds necessary to start a business. In fact, business loans will likely be necessary at many stages throughout the life of your business as you make plans to expand and make capital acquisitions in the future.

Financing will help you set up either your brick-and-mortar business or your eCommerce platform, depending on what you are planning. It will also help you get started with acquiring some inventory to be ready for meeting your customers’ orders when the time comes. It is also good to set aside some of the funds for your marketing budget in order to rapidly spread the word about your business once it opens.

Market Research

Before starting your business, it is important to know that there is a place for your idea in the market. Doing extensive market research before you launch your business will save you from potential disasters in the early stages.

Make sure to take a close look at who your natural competitors will be and how they are currently faring in the market. If broader economic conditions are not favourable, then it may be better to hold off on starting your business until a more suitable time.

Business Plan

Having a comprehensive business plan is essential to get your business organised and off the ground. Business plans will also help you to present your ideas to potential investors and you will likely need one if you are planning to apply for a business loan.

For your business itself, your business plan will provide some structure to how it will operate. Through a mission statement, for example, you can clearly define what the goal and vision of your business will be to effectively guide it to success.

Business Name And The Makings Of A Brand

Thinking of a good business name that is both meaningful and recognisable to your target market is a small but essential step. Ideally, it is a good idea to start brainstorming about what your brand will represent. Naturally, growing a brand into a powerful force will take time but consistency is key. The more thought you put into it from the outset, the faster it will be able to catch on with the public.

Licenses And Permits

Make sure that you acquire all of the necessary legal licenses and permits that you will need to open a business in your area. It’s important to know and understand the specific regulations of your area, as this will prevent your business from having to deal with nasty legal issues down the line.

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Entrepreneurship

Seconded European Standardization Expert in China – Background in Details

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When it comes to the global economic scene, China is highly powerful. If we talk about Chinese standardization and Quality Infrastructure activities, the three ESOs along with the European Commission and EFTA took an initiative that focused on maximizing the cooperation between Europe and China in matters related to standardization through appointing a SESEC – Seconded European Standardization Expert in China. The primary aims of this project are:

  • To promote European as well as international standards in China
  • To increase contacts with several Chinese administration, industry and standardization bodies
  • To enhance the visibility as well as an understanding of the European Standardization System in China
  • Collect regulatory and standardization intelligence

The project was launched in the year 2006 for first phase of three years. And, it was followed by a second phase until 2012. Mrs. Betty XU – the new Seconded European Standardization Expert in China is the interface of the European Standardization System in China. It acts under the guidance of a Steering Committee that includes a representative of each project partner. Since its inception, the Seconded European Standardization Expert in China project has increased visibility to the European Standard System, maximized cooperation between European and Chinese standardization bodies, and delivered support to European industry facing issues related to standardization in view of market access to China.

As discussed earlier, the project was launched in the year 2006, it aims to raise awareness on the European Standardization System, values as well as assets in China. From the very beginning, it is supported as well as operated by the European Committee for Standardization, the European Committee for Electrotechnical Standardization, and the European Telecommunications Standards Institute. In addition to this, it is also supported and operated by the European Commission’s Directorate General for the Internal Market, Industry Entrepreneurship and Industry as well as the European Free Trade Association.

The European standardization bodies have around 25 years of experience to make actual referencing of technological standards in the best interest of co-regulation as well as progressive innovation. The working document of the European Commission Action Plan for European Standardization state that the first location was Beijing where such a position was to be established. The idea of this standard is now known as essential, both to foster the global outreach of European standardization as well as to support the European industry facing problems related to standardization hampering market access to China.

The first phase of the Seconded European Standardization Expert in China was from May 2006 to June 2009. As the project met the expectations of Chinese as well as European stakeholders successfully, the second phase followed from the year 2009 to 2012 and a third phase was started in the year 2014 for a period of 3 years. This project has one full-time expert in Beijing – Mrs. Betty XU. She is one full-time assistant as well as one part-time assistant. As said earlier, it is under the authority and guidance of Steering Committee composed of one representative from CEN, CENELEC, ETSI, the EU Commission, and EFTA. Each has the role to monitor as well as decide on corrective measures to be undertaken and revise the priorities of projects to meet the needs of stakeholders.

The daily activities of Seconded European Standardization Expert in China III were monitored by CEN in its capacity of a project leader who ensures the implementation of the project as agreed by the five partners.

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