Pearson, the publisher of Financial Times and owner of Penguin, on Wednesday said it will pump in $ 30 mn (about Rs 145 crore) in India to acquire 50 pc stake in Educomp’s vocational training business and over 17 pc in a Bangalore-based e-tutoring firm. The investments are aimed at catering to the industry’s demand for skilled labour.
Published 24 June 2009, 16:34 IST