NIIT TECH
India, Mexico begin talks for trade pact; aim to boost commerce, investments
India and Mexico have initiated negotiations for a preferential trade agreement to enhance bilateral trade and investment. The agreement aims to create new economic opportunities while addressing market access, customs procedures, and trade facilitation. Discussions included organising a Mexican business mission to India in early 2027 to improve commercial ties. India had a trade surplus with Mexico, largely due to exports in autos and pharmaceuticals.
KPMG audit revealed OP Bhatt suppressed key information as Coforge board chair
OP Bhatt resigned as Coforge chairman after board evaluation findings were withheld. KPMG uncovered inconsistencies in separate board member and board evaluation reports. Key findings, including Bhatt's low scores, were not shared with all directors. Investors confronted Bhatt after KPMG highlighted these discrepancies and legal violations. Vivek Sharma was subsequently named interim chairperson of the company.
Baring stake buy to help drive growth, says NIIT Tech CEO
Baring would end up paying Rs 4,890 crore for a 56 per cent stake, including the open offer.
NIIT Tech slips 3% as Baring PE Asia looks to acquire stake
Baring will also make an open offer to purchase up to 26 per cent shareholding to comply with Sebi norms.
Buy NIIT Technologies, target Rs 1,410: Elara Capital
Buy NIIT Technologies Ltd. at a price target of Rs 1410.
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NIIT Tech hires former HP Enterprise, CSC executives to boost digital biz
The New Delhi-headquartered IT firm also hired Adrian Morgan to head its insurance arm. Morgan was most recently UK head of Digital for Insurance, NIIT Tech said in a statement.
Buy NIIT Tech with a target of Rs 490: Ashwani Gujral
"NIIT Tech is a 'BUY' call with a target of Rs 490 and a stop loss of Rs 462"
Buy NIIT Tech Ltd with a target of Rs 520: Ashwani Gujral
"NIIT Tech Ltd is a 'BUY' call with a target of Rs 520 and a stop loss of Rs 488."
Buy NIIT Tech with a target of Rs 475: Ashwani Gujral
'NIIT Tech is a 'BUY' call with a target of Rs 475 and a stop loss of Rs 448'
Buy NIIT Tech with a target of Rs 485: Ashwani Gujral
NIIT Tech is a 'BUY' call with a target of Rs 485 and a stop loss of Rs 460.
Buy NIIT Tech with a target of Rs 500: Ashwani Gurjal
'NIIT Tech Ltd is a 'BUY' call with a target of Rs 500 and a stop loss of Rs 476'
NIIT Tech delivers seven-quarter strong revenue growth helped by the integration of Incessant
The low growth reflects slowing business in the Indian market where NIIT Tech executed some of the government projects.
BUY NIIT Tech with a target of Rs 450: Mitesh Thacker
'NIIT Tech Ltd is a 'BUY' call with a target of Rs 450 and a stop loss of Rs 417'
Why analysts are getting bullish on NIIT Tech
NIIT Tech management's steps to increase efficiency have started yielding results and, operationally, the worst is behind this company.
NIIT Technologies Q3 Net drops 9.2 per cent to Rs 48.2 crore
The consolidated revenue, however, grew 1.4 per cent to Rs 595.3 crore in the said quarter from Rs 587.3 crore in the October-December 2013 quarter.
NIIT a standout stock in midcap IT space: Jagdish Malkani, Member, NSE & BSE
"NIIT Limited seems to be a standout stock in midcap IT. We have always like this stock, and we still like it. It is a great play on NIIT Tech. "
NIIT Tech stock breaks the range; jumps to two-month high on weaker rupee
In the past three trading sessions, it has gained 6% taking the price to a two-month high of Rs 276 during the Tuesday afternoon on BSE.
NIIT Tech Q2 net declines 6% on rupee rise, sales grow 35%
NIIT Technologies on Tuesday posted a 6% decline in its net profit for the three months ended September 30, due to a sharp appreciation of rupee against the dollar.
NIIT Tech promoters sell 7%, to invest Rs 120 cr in education
NIIT Tech promoters sell 7%, to invest proceeds of Rs 120 cr in education
NIIT Tech net up 34%, on $75 mn of new orders
The Delhi based company gained Rs 33 crore, due to rupee’s depreciation, to report a topline of Rs 433 crore, up 44% for the December quarter, from the same period last year.
NIIT tech net rises 5% to Rs 46 crore
Financial services contributed 39% to NIIT's revenues while travel & transport vertical contributed about 36%.
NIIT Technologies bags contract worth $85 million from US-based media firm Morris Communications
Mid-tier IT firm NIIT Technologies on Wednesday bagged a fiveyear contract worth $85 million from US-based media firm Morris Communications.
NIIT bags $40-m Eurostar IT deal
Eurostar on Monday awarded contract to manage its IT infrastructure to India's mid-cap IT firm NIIT Technologies for an estimated $35-$40 million.
NIIT Technologies is in a wide range: Deepak Mohoni
"NIIT Tech has a fairly wide range. This is between Rs 170 downside 210 on the upside and as you can see we are somewhere in the middle of it."
NIIT Tech is a buy: Hemant Kale, Maia Financial Services Pvt
The longer term averages are definitely facing upwards.
Downside risk to NIIT looks limited
Given a gradual improvement in the company’s performance over the past three quarters and its current level of valuations, the downside risk to its stock looks limited.
NIIT Tech partners Hitachi to offer pay-per-use services
NIIT Technologies on Wenesday tied up with Japanese firm Hitachi Information Services to offer 'pay- per-use' software services to companies that will drive down the cost for both the vendors as well as customers.
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