I myself gone throu the misery of so many.Their enrollment programme for bright children still making money as fee, by promising a lot but delivering absolutely nothing. Repeated letters to no avail.I still had their receipt of payment.still my child is futilely awaiting their phone or letter for start of course. Is NIIT has some responsiblto rectifY the injustticedone.
dear readers...as some of you commented that NIIT is not such a big success story i was thoroughly bemused. does success counts only towards the size of balance sheet? look at the reach of this INDIAN company..32 countries is not a joke...it goes to show that indians are good businessmen and are capable of giving birth to true multinationals. just to clear doubts...the topline of NIIT is 106 crores only for first quarter FY07....its yearly expectation this year is nothing less than 1000 crores as mr.thadani points out.
1000 crores is no joke. the potential to make more profits and boost balance sheet will be greater once it puts in place a proper network as in case of its indian operations. wait and watch this company. i believe in vijay thadani's busness acumen.
A company like NIIT makes only 13 crores and it is a success story??? Rediff as become the crappiest site - selling positive stories to anyone pays. earlier they were only writing positive reviews for bad movies. Now they are using the same model for corporate India. This is not expected from a site like Rediff.
Yes they have succeeded in attracting people to join their courses. But the quality of education is nothing less than crap. In a country of ours, not even engineering colleges, barring IIT's, may claim to impart quality IT education, leave alone NIIT. More often than not those who teach are the ones who have 'graduated' from these NIIT courses and i see no way they are going to get quality people with industry experience teaching on their campus because, no matter, how much money they get from unsuspecting students they are not going to bother spending them for quality. And that may be because students have no options to go for, once enrolled, as other institutes, big or small, are as crap as NIIT.
Need of the hour is to regulate these practices before they assume criminal proportions. Is some one listening!
ya niit's success story is built around the hard earned money of peoples money which niit has let just gone waste ask the actual students except the few in metros like in cities lucknow and get the real picture yourself.niit has done nothing them except post them in call centers or door to door sales
I wouldnt really call NIIT a success story.They did not anticipate the 2000 meltdown, when it ocurred the Elephant moved too slowly despite the first mover advantage they had, allowed SSI first and Aptech later togain marketshare. At one point of time NIIT was on par with Infosys and better than Wipro in the market's perception. The market cap was about 14,000 Crores in Jan2000. Today the marketcap is a measly 676 Crores ( NIIT Tech has a market cap of 690 Cr - Combined MarketCap is just 1366 Cr ! 10% of 14,000 Cr. !) Is that growth ? However I am glad the Kumbhakarana has woken up !
