A material change of plans: HCL looks to buy DLF Insurance
Tuesday, July 12, 2011
Prudential of America, In India with DLF as Pramerica, is changing partners as HCL fulfil's its scions plans of moving into more effective areas of business than the last decade's story in IT services. DLF Insurance will come for a price tag slightly higher than $100 mln and would mark a new cornerstone for the HCL group. However their investments in education already outweigh any other new plans when it comes to making a significant statement about their vision. I am particularly impressed by their efforts in primary and high school education in mid town UP and also a surfeit of management and engineering eduication thay have in the cramped Indian education sector which ihas applicants waiting to enter once FDI is approved with Chicago mirror campuses in Delhi and Bangalore and much more planned for long. Singapore and even Shanghai can be expensive for Top tier US universities plans..
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