Educomp Solutions Ltd (ESL), a globally diversified education solutions provider, has signed up a 50-50 strategic partnership contract with EuroKids International Private Limited (“EIPL”), a specialist in pre-school education.
    
The proposed deal includes the acquisition of existing company shares as well as an infusion of additional capital into EuroKids for future expansion.

According to the sources, the agreement has also a provision for ESL, to hike its stake in stages to 74% over duration of time.
 
The major activity of EuroKids International is to provide pre-school education in India, whereas Educomp Solutions Ltd is the largest education company in India, which offers globally diversified education solutions.

RKHS has revealed that it has acquired Compass Group Plc's 50 percent stake in RKHS through its affiliates.

Real estate major Ambuja Realty is all set to make entry into boutique hotel segment in coming two fiscals in West Bengal.

According to the sources, under the proposed plans, the company would be constructing six boutique hotels at different tourists locations in West Bengal.

While lecturing on the plans, Mr. Harsh Neotia, chairman of Ambuja Realty stated, “We will come up with five to six resorts in tourist destinations in the state and also a few city properties in the boutique hotel category.”

“We will expand to other parts of India and abroad after two or three years once the brand is established,” he added.

Animation trainer Frameboxx Animation and Visual Effects has signed partnered deal with global job portal CreativeHeads.net to assist students access employment opportunities throughout the world.

According to the trainer, under the proposed partnership, Frameboxx pupils will have instant access to hundreds of global job opportunities in foreign studios such as LucasFilm, Sony Pictures Imageworks, Pixar.

CreativeHeads.net has a network of 28 top editorial sites, and reaches a community of more than 20-million creative professionals each month.

Rendezvous Hotels and Resorts International (RHI) has formed a Joint Venture Company with Chennai-based X S Real Properties Ltd, for managing hotels and resorts in India.

GMR Energy, unit of GMR Infrastructure, plans investment of over Rs 10,000 crore to set up a 2,000 - 3,000 MW nuclear power plant in the country within 5-7 years.

For the foray, the company has already hired experienced people including former chairman and managing director MD MR Srinivasan.

Within six months to one year, the company expects to come up with a broad plan in place.

The company is in talks with equipment and fuel suppliers in France, United States and Korea.

Also, Executive vice-president Avinash R Shah of the company, said, "We have held talks with equipment as well as fuel suppliers and will firm up a plan in the next one year."