5 August 2010
IBS denies Everon Deal Launches Campus building and owning
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IBS denies his involvement in any agreement or discussions or even the existence of an idea on its acquisition by any party, including Everon. Any rumors or discussions on the subject are unfounded nutrition degree in Northwestern University.
FOR IMMEDIATE RELEASE
PRLog (Press Release) - August 5, 2010 - Hyderabad, August 5, 2010: IBS denies involvement in any agreement or discussions or even the existence of an idea on its acquisition by any party, including Everon. Any rumors or discussions on the subject are totally baseless.IBS s' (earlier known as ICFAI Business School), attention is drawn to CNBC and NDTV reports Everon acquisition ICFAI schools and some rumors being floated by vested interests . IBS is seeking to clarify facts and to inform all stakeholders as follows: IBS denies involvement in any agreement or discussions or even the existence of an idea on its acquisition by any party, including Everon.Any rumors or discussions on the subject are totally baseless.On the contrary, a chain of schools IBS Business Premier is fully focused on the consolidation of its operations. IBS has initiated land acquisition and construction of its own premises for all of its campuses. It currently operates in leased premises, and offer the PGPM program to over 3,000 students. The strength of the old IBS is more than 22,000 students.While land has been acquired in Ahmadabad, Bengaluru, Chennai and Kolkata, the negotiations are at an advanced stage in other cities such as Gurgaon, Mumbai and Pune. Construction activities began in Bangalore and all campuses are planned in 12-18 months. IBS Hyderabad has opened a fully functional campus over 90 acres.This is also the campus of the University nearing completion in Jaipur and Baddi (near Chandigarh). the constructi
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