Notification by UGC

The University Grants Commission (UGC) on Wednesday notified the regulations for foreign universities to set up and operate their campuses in India.

The Regulations aim to facilitate the entry of Foreign Higher Educational Institutions (FHEIs) into India, in line with the recommendations of the National Education Policy 2020, and to provide an international dimension to higher education in India.

These Regulations outline the conditions and requirements for Foreign Higher Educational Institutions to set up their campuses in India. These Regulations aim to ensure that the education imparted in the campus is at par with that of the main campus in the country of origin and that its operations comply with the applicable laws and Regulations.

Foreign Higher Educational Institutions can offer study programmes leading to the award of certificates, diplomas, degrees, research and other programmes at the undergraduate, postgraduate, doctoral and post-doctoral levels

Eligibility criteria :

The Foreign Higher Educational Institution intending to establish campuses in India shall fulfil any of the following criteria at the time of application, that-

(a) it should have secured a position within the top five hundred in the overall category of global rankings at the time of application, as decided by the Commission from time to time; or
(b) it should have secured a position within the top five hundred in the subject-wise category of global rankings at the time of application or should possess outstanding expertise in a particular area, as decided by the Commission from time to time.

In the case of two or more than two Foreign Higher Educational Institutions intending to collaborate to establish campuses in India, each Foreign Higher Educational Institution should meet the eligibility criteria

Procedure for approval

(1) In case the Foreign Higher Educational Institution intends to set up more than one campus, it shall make a separate application to the Commission under the procedure laid down in these regulations.

(2) Upon fulfilment of the eligibility criteria, the Foreign Higher Educational Institution shall apply online to the Commission along with the non-refundable processing fee, as decided by the Commission from time to time.

(3) The Foreign Higher Educational Institution shall upload the following documents along with the application on the University Grants Commission portal, namely:-

(a) permission by the Governing Body or Board, by whatever name called, for establishing campuses in India;

(b) information on the proposed location, infrastructural facilities, fee structure, academic programmes, courses, curricula, availability of faculty and financial resources for setting up and operations of campuses in India, and any other details that may be sought;

(c) an undertaking to the effect that-

i. the quality of education imparted by it in its Indian campus is similar to that of the main campus in the country of origin; and

ii. the qualifications awarded to the students in the Indian campus shall enjoy the same recognition and status as if they were conducted in its home jurisdiction, that is, they shall be recognized in the country of origin of the Foreign Higher Educational Institution and shall be equivalent to the corresponding qualifications awarded by the Foreign Higher Educational Institution in the main campus located in the country of origin.

(d) the latest Accreditation or Quality Assurance report from a recognized Body; and

(e) any other document as specified in the application portal.

(4)The Commission shall constitute a Standing Committee to examine matters related to the setting up and operation of campuses of Foreign Higher Educational Institutions in India.

(5) The Standing Committee shall assess each application on merit, including the credibility of the educational institutions, the programmes to be offered, their potential to strengthen educational opportunities in India, and the proposed academic infrastructure, and make recommendations thereof.

(6) In case the applicant is a Foreign Higher Educational Institution possessing outstanding expertise in a particular area, the Standing Committee shall consider its strengths, outstanding contribution, research capacities, institutional history, institutional prestige and influence, and professional recognition within the areas, among others.

(7) The recommendations of the Standing Committee shall be placed before the Commission within a period of sixty days from the date of receipt of the application, complete in all respects.

(8) Based on the recommendations of the Standing Committee, the Commission may within a period of sixty days, initially grant in-principle approval and issue a Letter of Intent to the Foreign Higher Educational Institution to set up campuses in India within two years from the date of approval.

(9) The Commission may reserve the right to give an extension, if required, on a case-to- case basis.

(10) The applicant Foreign Higher Educational Institution shall convey its readiness for the commencement of its academic operations to the Commission and the Standing Committee shall examine the readiness of the campus and give its recommendations.

(11) The Commission shall consider the recommendations of the Standing Committee and issue approval to the Foreign Higher Educational Institution, within a period of sixty days, for commencing the operation of a campus in India with or without conditions.

Application Portal to set up Campuses in India by Foreign Higher Educational Institutes (FHEIs) is live now.

Registration link for Eligible FHEIs to Register and apply : http://fhei.ugc.ac.in

Industry 4.0 for MSMEs

Conference on “Industry 4.0 for MSMEs” on 23rd August 2023, Wednesday

The adoption of Industry 4.0 technologies, such as automation and IoT, is essential for the manufacturing of MSMEs in the future. These technologies provide substantial advantages, such as increased visibility, productivity, competitiveness, and efficiency, all of which are essential for MSME manufacturers to maintain their lead in the global market. MSME manufacturers can successfully adopt Industry 4.0 principles and modernize their processes to satisfy future demands.

Considering the importance of this, Andhra Chamber of Commerce in association with Friedrich Naumann Foundation for Freedom is organizing a Conference on “Industry 4.0 for MSMEs” on the 23rd August 2023 in Hotel Hyatt Regency, Anna Salai, Chennai from 10 a.m. to 4 p.m.  

The learnings of the Conference will

  • make the MSMEs more competitive
  • make the MSMEs more attractive to the younger workforce
  • make the team stronger and more collaborative.
  • allow the MSMEs to address potential issues before they become big problems.
  • allow the MSMEs to trim costs, boost profits, and fuel growth

Target audience: MSMEs, Consultants, Academicians, CEOs of Industries etc.,
Participation fee:

Program Details:

Venue: Hotel Hyatt Regency, Anna Salai, Chennai 2

Date: 23rd August 2023 (Wednesday)

Time: 10 a.m. to 4 p.m

There is no participation fee but registration is must.

Click here to fill up online registration form . 

As the participation is only on the first come first served basis, please fill up the registration form and send it to Andhra Chamber of Commerce at the earliest.

SEBI – Regulatory Frame Work

Sebi – Regulatory Framework for value chain ESG disclosures for listed entities

Sebi came out with a regulatory framework for listed entities on ESG disclosures on supply chain and assurance.

Sebi has introduced BRSR Core, a sub-set of the BRSR (Business Responsibility and Sustainability Report), comprising nine Key Performance Indicators (KPIs) for several E, S and G factors that need to be assured. Under the framework, large listed companies will have to make disclosures and obtain assurance as per ‘BRSR Core’ for their value chain.

Keeping in view the relevance to the Indian market context, few new KPIs have been identified for assurance such as job creation in small towns, openness of business and gross wages paid to women. Further, for better global comparability, intensity ratios based on revenue adjusted for purchasing power parity have been included.

In addition, the Securities and Exchange Board of India (Sebi) has introduced disclosures and assurance for the value chain of listed entities, as per the BRSR Core. In the supply chain, Sebi said that ESG disclosures according to the BRSR Core for the top 250 companies on a comply-or-explain basis will start from 2024-25, with assurance beginning the following year, according to a circular.

Disclosures for the value chain will be made by the listed company as per BRSR Core as part of its annual report. In this regard, the value chain would encompass the top upstream and downstream partners of a listed entity, cumulatively comprising 75 per cent of its purchases or sales by value, respectively.

As per Sebi, listed entities will have to report the KPIs in the BRSR Core for their value chain to the extent it is attributable to their business with that value chain partner. Such reporting may be segregated for upstream and downstream partners or can be reported on an aggregate basis. Sebi also said the board of the listed entity will have to ensure that the assurance provider of the BRSR Core has the necessary expertise for undertaking reasonable assurance. Further, the listed entity would have to ensure that there is no conflict of interest with the assurance provider appointed to assure the BRSR Core. For instance, it needs to be ensured that the assurance provider or any of its associates do not sell its products or provide any non-audit related service, including consulting services, to the listed entity or its group entities

Source: https://www.moneycontrol.com/news/business/sebi-puts-in-place-regulatory-framework-for-value-chain-esg-disclosures-for-listed-entities-10948501.html

Conference on Telehealth

SMART Hospitals India Conference 2023 at Medical Fair India, Pragati Maidan, New Delhi

SMART Hospitals India Conference 2023 at Medical Fair India, New Delhi

Conference Theme 2023

Telehealth : Where SMART Technologies connect with healthcare settings for better patient outcomes

Healthcare Service Providers are increasingly adopting multiple digital health initiatives for better patient connect and seamless delivery of patient care. FUTURE SMART Healthcare Establishments focus on providing solutions to meet the rising needs of SMART PATIENTS across the globe.

Smart Hospitals Business Sessions this year are designed to create focused discussions around TELEHEALTH Technologies as listed below

Session 1 – Telehealth Technologies , Solutions for Better Patient Care in Healthcare Settings in India

Session 2 – Delivering Quality Care through Telehealth Quality System Program in Clinical Settings

Session 3 – Health Technology Assessments and Regulatory Requirements of Telehealth Solutions in India

Program Date :

Date: 29th April 2023 – Saturday
Time: 10:00 a.m. – 5:00 p.m.
Venue: Hall 5, Pragati Maidan, New Delhi

For more information on program, registration links, do visit – https://www.medicalfair-india.com/en/Special_Shows/Smart_Hospitals

Prior registration is a must to attend the conference.

For enquiries related to Conference Partnerships, Stall bookings in the Expo, enquiries, 𝗽𝗹𝘀 𝘄𝗿𝗶𝘁𝗲 𝘁𝗼 :

VermaA@md-india.com / +91-124-4544507


For enquiries related to Delegate Registration to the Conference, please write to :

Ms Rama Venugopal
Vice Chairperson – SMART Hospitals Conference
Email – info@smarthospitals.events
WhatsApp – +91 7338992778 / +91 9840870532

Stressed Hospital Asset

Stressed Hospital Asset available for Takeover

About Credimore :

Credimore is an organisation that facilitates monitoring, review of debt and in the event it is under stress, finds a resolution and worst case scenario recovery. Essentially addresses the complete lifecycle of debt.

Credimore is backed by professionals and domain experts with rich experience in identifying business stress and addressing them at an early stage, the proverbial “Golden Hour”, to ensure that it is dealt at an early stage.

As part of IBC processes, Credimore comes across multiple investment opportunities in potential businesses and assets that are in the stressed space and are available for takeover.

About the Stressed Asset :

One such opportunity is available in respect of a stressed hospital asset in Bengaluru.

As per the information shared in the public domain, the hospital is located at Marathahalli, Bengaluru with 217 beds facility in 1.70 lakh Sq. Ft. Land and Building.

The investors normally get benefited by reasonable and attractive prices for stressed assets which can be acquired after a thorough due diligence.

Any healthcare businesses looking for expansions and scale up, can reach out to Credimore, if interested for further details and information.

Businesses with growth plans, planning expansions through acquisition route also, can reach out to Credimore for any specific investment opportunities too in healthcare and other sectors as well.

Credimore will identify the business assets accordingly.

For further queries , please reach out to :

Contact :