Corporates line up to back Ashoka University

Dilip Shanghvi has signed up as a contributor to Ashoka University, a new privately funded institution that will start accepting students later this year, joining a growing list of corporate tycoons who're backing the learning centre that's being readied in Sonipat, Haryana. Shanghvi, whose Sun PharmaceuticalBSE 1.87 % will shortly be taking over Ranbaxy, made his funding pledge in February. Other backers include Deep Kalra, founder of online travel site MakeMyTrip.com, ma Shankar Bhartia, managing director of green petrochemicals firm India Glycols, Nirmal Jain, founder and chairman of brokerage firm India Infoline, and Ravi Jhunjhunwala, CMD of manufacturer and exporter of graphite electrodes, HEG.

Read the Economic Times news report here.