Chennai Plus

Thiru M.K.Stalin, Chief Minister of Tamil Nadu inaugurated the green Tamil Nadu mission in Vandalur by planting the first tree in zoo campus. The scheme is to plant 2.80crores of saplings in government, public, private properties and educational institutions all over the State for which nurseries were raised by forest department for the past 6 months.   Public, NGOs and Eco club/NGC students from various schools/colleges participated in the 500 trees plantations on the first day.   The NGC students from Vidya matric school, Medavakkam and eco club students from Annai Veilankanni's College & Vivekananda College also planted trees. NGC District coordinator Thangaraj, Rotarian Siva Chandran, Arivukkan magazine Akila coordinated the eco club students.

CL Educate Limited ( NSE, BSE: CLEDUCATE, 540403 ), a listed EdTech & MarTech entity, and owner of popular brands Career Launcher and Kestone, today announced that it has entered into an agreement to sell its plot of land and building thereon, situated at Indore, held by its subsidiary company Career Launcher Infrastructure Pvt Ltd (‘CLIP’). CL Educate, as a strategic decision, has been in the process of exiting asset heavy businesses over the last few years, including its K-12 school business. As a part of this decision, the organization has been looking to convert its real estate bank into cash for redeployment in its core business. Over the last year, the company has sold 4 other land parcels, for a total value in excess of Rs. 60 crores. The present sale, one of two school plots that the group had remaining has been sold for a total consideration of Rs.17.5 crores, of which Rs.3 crores have been received in advance, with the sale expected to be completed by the end of the f