 "Indian-American couple sell firm, started with $2,000 investment, for $2 bn")
An Indian-American couple has raked in big bucks, with French IT outsourcing major Atos's acquisition of Michigan-based Syntel for $3.4 billion.
Since Bharat Desai and Neerja Sethi together held a 57 per cent stake in Syntel, they have received nearly $2 billion from the sale of their company to the French information technology services group, the Times of India reported on Tuesday.
Sethi, 63, was serving as the vice-president of Syntel, while Desai, 65, was the co-chairman of the company.
ALSO READ: Buying India-centric IT outsourcer Syntel to rev up offshore play for Atos
ALSO READ: Buying India-centric IT outsourcer Syntel to rev up offshore play for Atos
