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KPIT Cummins buys Sparta for Rs 180 cr

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Despite lower revenue projections this financial year, Pune-based manufacturing solutions provider KPIT Cummins Infosystems has entered into a definitive merger agreement to acquire US-based SAP specialist Sparta Consultant for Rs 180 crore.

The merger of Sparta with KPIT Cummins Infosystems would materialise in about two months while the all-cash-payment would happen over next three years.

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Kingfisher's Q3 loss at Rs 755 crore as planes sit idle

Loss would have been Rs 1,090 cr had the airline used accepted accounting standards, says auditor

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Results Calendar
Rss icon May 2013 Rss icon
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Results Tracker
Available for 1254 companies
Quarter Mar 2013 Mar 2012 % chg
Sales 855,720.30 799,272.78 7.06
Op. Profit 293,686.64 266,545.95 10.18
Net Profit 85,882.27 79,424.44 8.13
Figures in Rs crore

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