CORE Education gets nod to appoint leading real estate consultant

CORE Education & Technologies has received an approval for appointment of a leading real estate consultant for developing or disposing off non-core assets and real estate properties of the company, currently having a value of approximately Rs 400 crore. The board of directors at its meeting held on June 10, 2014 has approved for the same. The board also approved bringing in additional investment and / or divesting its investments in overseas subsidiaries. It has also approved for sourcing of appropriate joint venture equity partners for the India business, in the backdrop of the positive business environment prevailing currently. CORE Education & Technologies operate in three segments; Education, Enterprise Resource Planning (ERP) and consulting and logistics.