Diverse: Billionaire Proposes New Research University
British billionaire Anil Agarwal, the chairman of Vedanta Resources, has announced a $1 billion grant towards setting up the first privately-owned research university in his native India.
The Anil Agarwal Foundation made the announcement earlier last year but finalized the eastern state of Orissa as the location for the multi-disciplinary Vedanta University last week in a memorandum of understanding with the local government.
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