MUMBAI: The board of NIIT Ltd., India's top computer education trainer, told the Bombay exchange on Tuesday it had approved an investment of Rs 5 crore to set up an university.
The board also approved extending up to Rs 25 crore as a loan, subject to the approval of shareholders.
The university will be set up somewhere in northern India and will focus on information technology and emerging technologies, a spokesman for the New Delhi-based company said.