 "Everonn in trouble again: Nikhil Gandhi under I-T scanner")
Controversy seems to be the best friend of Everonn Education. After the company’s managing director was arrested in bribery and tax evasion case, now its largest shareholder, SKIL Infrastructure has come under the taxman’s scanner.
Nikhil Gandhi’s SKIL Infrastructure with a 21 percent stake in Everonn, is the largest shareholder of the company. SKIL Infrastructure is now being raided by the tax department.
Gandhi, who was being touted as the company’s next chairman after Everonn’s former chairman JJ Irani stepped down, following the managing director PK Kishore’s arrest in a bribery and tax evasion case is now under the watchful eyes of the taxman’s scanner.
Former chairman Irani was tight lipped about the raids at Nikhil Gandhi’s office and told CNN IBN he would not want to comment on it. “The company was doing reasonably well. I would have never guessed what the entrepreneur did. As soon as I knew about it, I resigned,” he said.
However, inspite of the controversies, Dubai-based Varkey Group bought 12 percent stake in Everonn Education. Everonn’s subsidiary also inked a deal with National Skill Corporation Development a few months back, which is expected to fetch an estimated revenue of Rs 14, 000 crore to the company.
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