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Crackdown begins on business use of 'university' title


Crackdown begins on business use of ‘university’ title
China’s ministry of education and eight other government departments overseeing business affairs this month announced a crackdown on the use of the word ‘university’ or ‘college’ for training institutions founded by business enterprises. The institutions were ordered to “rectify” their names.
The move comes as prestigious institutions and business schools founded by prominent businessmen have come under scrutiny as part of investigations into their business dealings, coupled with a proliferation of unregistered and unlicensed institutions.
“Some training institutions founded by enterprises and social organisations fraudulently used ‘university’ and ‘college’ in their names to encourage enrolments and promote themselves without getting approval. That has led to public misunderstanding and disorder in the education sector,” a new guideline issued by the ministry said in its circular d ....

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Aramco mulls cash, share-swap deal for stake in RIL's energy ops: Report


Aramco mulls cash, share-swap deal for stake in RIL’s energy ops: Report
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Last Updated: Apr 28, 2021, 08:13 PM IST
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Synopsis
The Kingdom was weighing paying for the deal with Saudi Aramco’s shares at first and then staggered cash payments over several years, the report said citing three sources in the know of the development.
Agencies
Aramco’s deal to acquire 20 per cent stake in RIL’s energy business was delayed due to the onset of the Covid-19 pandemic last year
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NSE
Reliance Industries are holding discussions over part cash and part share deal for the 20 per cent stake in the latter’s oil-to-chemical business, UK-based Financial Times reported today. ....

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Oatly eyes Hong Kong listing as US IPO nears


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