Page 2 - Niit

NIIT inducts promoters' children Udai Pawar, Leher Thadani to board

The appointments shall be effective from the date of approval by shareholders at the forthcoming AGM

Street signs: Macrotech GMP muted, PLI boost for AC companies & more

With the markets turning range-bound, investors are looking for bottom-up investment opportunities

NIIT surges 19% on announcement of share buyback schedule

The company's board on December 24, 2020, had approved an up to Rs 237 crore buyback proposal at Rs 240 per equity share

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The Reserve Bank of India has extended the term of J&K Bank Chairman and Managing Director R K Chhibber by six months

NIIT's up to Rs 237-crore buyback plan gets shareholder approval

The firm on Friday said its up to Rs 237 crore buyback plan has received approval from shareholders

NIIT hits 52-week high after board approves Rs 237 crore buyback proposal

The stock hit a fresh 52-week high of Rs 209.90 today, rallied 21% in past four trading days after the company announced share buyback plan.

NIIT gains 7% as board set to consider share buyback on December 24

As of September 30, 2020, the promoters held 34.29 per cent stake in the information technology (IT) training services company

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NIIT will consider buyback of equity shares at its board meeting on December 24

NIIT Tech targets $1 bn revenue a year, plans to expand into healthcare

Current revenue at $600 mn; firm offers no timeline for $1 bn goal but says it will be achieved organically without any acquisitions

No material changes planned in strategy, vision: Sudhir Singh, NIIT Tech

We believe that we will see a very significant uptick in both revenues and margins on a sequential basis, says CEO SIngh

NIIT Limited declares consolidated results for financial year 2019-20

NIIT Limited declares consolidated results for financial year 2019-20

NIIT and Rio Tinto Extend Their Partnership With a 5-Year Contract Extension

New Delhi/Atlanta, GA, June 9 (ANI/BusinessWire India): NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has extended its partnership with Rio Tinto, the leading global mining group for another five years.

NIIT's Rs 335 crore buyback offer to begin Nov 25, to close on Dec 6

The transaction, which closed in May, saw NIIT Ltd receiving gross proceeds of Rs 2,020.4 crore in cash

NIIT falls 15% as stock turns ex-date for share buyback

On August 10, 2019, NIIT's Board had approved to buyback up to 26.8 million equity shares at Rs 125 per share for Rs 335 crore.

NIIT announces Q1 net profit at Rs 1,090.4 crore; revenue falls 2%

In April this year, funds affiliated with Baring Private Equity Asia (BPEA) bought about 30 per cent stake in NIIT Technologies from NIIT Ltd

NIIT Q4 profit up 18% to Rs 23 crore, revenue rises 8% to Rs 240 crore

NIIT Vice-Chairman and Managing Director Vijay K Thadani said the increase in quarterly profit and revenue was on the back of improved productivity and turnaround in the SNC business

Baring PE's plan to buy 30% stake in NIIT for Rs 2627-cr gets CCI approval

This includes about 14.4 million shares of NIIT and 4.3 million shares held by he families of NIIT founders

Open offer for NIIT Tech to begin from May 31 after acquisition by BPEA

The deal triggered an open offer under which BPEA is slated to make an offer to the public shareholders of NIIT Technologies for purchasing up to 26 per cent additional shareholding

NIIT Tech to buy WHISHWORKS; sell 89% stake in Esri India for Rs 90 crore

WHISHWORKS IT Consulting is an IT services and consulting company specialising in MuleSoft and Big Data technologies

NIIT Technologies rejigs organisational structure to sharpen focus

The IT services company has carved out new business verticals and strengthened its leadership team