Everonn plans business schools at Chennai, Coimbatore, Hyderabad, Bangalore, Bhubaneswar and Pune
Following is an excerpt from a report in Business Standard.
Everonn Education Ltd, a Chennai-based education services company, announced plans to set up seven management institutes at a cost of Rs 25 crore each, by the next academic year. These would be set up in collaboration with a partner at Chennai, Coimbatore, Hyderabad, Bangalore, Bhubaneswar and Pune.
The proposed investment would be funded through debt and internal accruals, said P Kishore, Everonn’s managing director. “While our partner will invest in infrastructure and land, we will be bringing content and technology, where company has its expertise,” he said.
May 20th, 2010