Aditya Birla looks to buy IL&FS' education arm, says report
Updated : September 28, 2018 08:59 AM IST
IL&FS Education and Technology Services (IETS), a fully owned subsidiary of IL&FS, operates computer labs in 16,000 government schools in 11 states as well as provides vocational skills training to youths.
Aditya Birla runs its own education and skills development scheme under the not-for-profit organisation Aditya Birla Skills Foundation.
It had approached IL&FS two years ago to buy IETS to enter the for-profit education space.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more