Bangalore: Macmillan Publishers India Ltd (MPIL) has tied-up with University of Cambridge to administer the Cambridge ESOL Examinations (Cambridge Examinations in English for Speakers of Other Languages) in India.

Cambridge ESOL offers the world`s leading range of certificates for learners and teachers of English-taken by over three million people in 130 countries. They help people gain entrance to university or college, improve job prospects or measure progress in English, a release said.

Macmillan Publishers, a leading educational publisher, aims at enhancing the English Communication and language skills of students and professionals through Cambridge ESOL qualifications.

Authorised to administer the Cambridge ESOL exams in India, Macmillan is now closely working with schools, colleges, universities and corporate sectors to promote and foster the importance of practical English at study and work places, it said.
Now what is positive for MPS Ltd try to find out.

What Macmillan Publishers has to do MPS ltd ? The publishing business was de-merged into a unlisted entity virtually forcing the minority shareholders to exit @Rs 69 / share, which was much lower than the intrinsic value of the company.