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VARKEY GROUP
O J Janeesh appointed Youth Congress president in KerelaO J Janeesh has been appointed as the new state president of the Kerala Youth Congress following Rahul Mamkootathil's resignation over sexu...
Expats paying $33,000 school fees fuel rise of Dubai billionaireGEMS World Academy in Dubai offers premium education with facilities like iPads for kindergarteners and a planetarium. With fees up to $33,...
Five Indian expats in UAE enter Forbes' billionaires list for 2019The combined worth of the five expats, including three from Kerala, is a whopping USD 15.1 billion (Rs 1.04 trillion).
Three new alliances to tackle global education challengesThe alliances include prominent individuals from organisations such as UNESCO, Harvard University, Amazon, LEGO Education.
Nandan Nilekani, 6 other Indians feature in Forbes Asia's new list of philanthropistsSeven Indians, including three Infosys co-founders, feature in the latest Forbes Asia edition in a new group of philanthropists.
Indian entrepreneur to donate half his wealth to charityA 58-year-old Dubai-based Indian education entrepreneur has pledged to give away more than half of his wealth for helping teachers around t...
GEMS Education to invest $200 million in IndiaGEMS Education, a private school group, founded by Dubai-based NRI Sunny Varkey, plans to invest over Rs 1200 crore ($200 million) in India...
Aditya Birla Group in talks to acquire Educomp schoolsThe Aditya Birla Group has been in talks to acquire schools of Educomp which once the country’s largest diversified education service provi...
Dubai-based Gems Education to open 50 schools in India in 5yrsBetting big on the private education market in India, Dubai-based Gems Education plans to start 50 schools over the next five years.
Gems Education to open 50 schools in India in 5yrsGems Education plans to start 50 schools over the next five years, and is setting up an exclusive education fund for the country.
Everonn Education terminates Centum Learning acquisition from Bharti GroupChennai-based Everonn Education Ltd, part of Dubai-based billionaire Sunny Varkey Group, has terminated its plans to buy Centum Learning Lt...
Sunny Varkey banks on Centum Learning to revive India businessEveronn's Centum buy seen as attempt to prop up the Chennai-based company with higher-margin corporate training business.
- Bharti group exits education business, sells Centum Learning to Everonn Education
The Bharti Family Office, which manages investments made by the promoters of the group in their personal capacity, will receive a combinati...
- Everonn founder Kishore offloads 5% stake to Varkey Group
A day after being declassified as non-promoter, Everonn's founder P Kishore has started offloading his stake.
- FIIs use open offer route to exit Everonn Education
According to information available with stock exchanges, FIIs held a meagre 0.49% of the company’s stock at the end of the December quarter.
- Wait for new growth triggers before investing in Everonn
Everonn Education's market capitalisation has nearly halved in the past year following legal action against its former managing director.
- Everonn Education up by 5% hits upper circuit on bourses
Everonn Education climbed by 5 per cent to hit the upper circuit limit in early trade on the bourses today
- Everonn to sell 12% stake to Dubai-based GEMS Education for Rs 138 crore
Chennai-based Everonn Education, whose founder is in jail, will sell a 12% stake for Rs 138 crore to Dubai-based GEMS Education.
- Supermarket chain Varkeys in sellout talks; Aditya Birla Retail in the fray
Varkeys, started as a single store in 1926, is one of the largest retail chains in Kerala with 2 lakh square feet of retail space.
- Leading Indian businessmen part of Dubai forum
Indian businessmen based in the Gulf region have been named part of a forum that has been established here to unite the business community ...