Aptech receives Rs 50.3-cr dividend from Chinese investment

Commenced education and training business in 1986; trained over six million students globally

PTI | June 30, 2011



Aptech Limited, the global career education and training company, has informed the bourses that its wholly-owned subsidiary has received a dividend of an amount of USD 11,202,479 (equivalent to approximately Rs 50.3 crore) from BJB Career Education Co Ltd of China.

Aptech owns 22.4 per cent stake in BJB Career Education, which is the leading vocational training company of China in the field of information technology. "With the receipt of Rs 50.3 crore now and Rs 32.6 crore in February 2011 as dividend from BJB Career Education, Aptech's balancesheet has been substantially strengthened.

The company now has sufficient internal resources to invest in growing its existing businesses and explore newer growth opportunities," Aptech's MD & CEO Ninad Karpe said.

At the end of fiscal year 2010-11, the company had cash & cash equivalents of Rs 47 crore and current investments of Rs 10 crore without any debt on its balancesheet.

Aptech commenced its education and training business in 1986 and has trained over six million students globally. The company has presence in 40 plus countries through its two main streams of businesses - individual training and Enterprise Business.
 

Comments

 

Other News

How Rafi, Raj Kapoor helped pave the way for a great uranium deal

There`s a certain moment in diplomacy that`s too personal to be captured in a communiqué, too small to make the front page, but more revealing than the front page. This week, prime minister Narendra Modi reached Tashkent and, amid the pomp of state visits, managed to evoke the old Bollywood tunes

Distinguishing Fish 1 and Fish 2: The pragmatism behind India’s WTO ratification

 India became the 123rd WTO member to ratify the multilateral Agreement on Fisheries subsidies (AoFS) when it deposited the Instrument of Acceptance for Phase 1 on July 20, 2026. The ratification is restricted to disciplining Illegal, Unreported and Unregulated fishing (IUU), protection for overfished

The 7% growth problem: Why the next 7% will be harder

India has become accustomed to hearing the 7% growth number. It is now less a milestone than an expectation. Yet the paradox is becoming clearer: maintaining 7% growth may be considerably harder than achieving it once. India’s real GDP grew 7.7% in FY2025–26, following growth of 6.5% in FY202

The Constitution cannot be altered: Justice Abhay Oka

Justice Abhay Oka, who retired from the Supreme Court in May 2025, has said that the Constitution of India cannot be altered. Explaining the landmark Kesavananda Bharati judgment (1973) on the basic structure of the Constitution, he said, “This is one judgment that has saved democracy in India.&rdq

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter