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NIIT Technologies achieves Top Honor
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NIIT Tech Q1 net doubles on lower hedging losses

New Delhi: Software services firm NIIT Technologies Ltd said on Tuesday its quarterly net profit more than doubled although currency risks remained a challenge in coming quarters. NIIT Tech's net profit rose to 408 million rupees from 176 mn rupees. Its revenues rose 34 percent to 2.91 bn rupees. more»

July 21 , 2010
NIIT Tech's Q1 net more than doubles

New Delhi: Software services firm NIIT Technologies Ltd said on Tuesday its quarterly net profit more than doubled although currency risks remained a challenge in coming quarters. NIIT Tech's net profit rose to 408 million rupees from 176 mn rupees. Its revenues rose 34 percent to 2.91 bn rupees. more»

July 21 , 2010
Air Cargo Week: Technology enablers

Ravi Pandey, an NIIT Technologies senior vice president and the man responsible for the UK business of the Delhi-headquartered IT systems company, believes: “Crucial to an air carrier’s success in today’s highly competitive environment is its ability to access business-critical information quickly.” Pandey pointed out: “To maintain a lead in a market well known for its volatility, air freight companies are relying on new technologies to conduct detailed evaluations of their operations.” He believes thatNIIT offers just such systems in its product portfolio, the type of technologies that allow the various types of companies within the air freight industry to gather data at different points along the transportation supply chain and save it in a ‘data warehouse’ in order to create their own comprehensive storehouse of information. more»

June 28 , 2010
NIIT Technologies, Hitachi Asia set up data center

NIIT Technologies Limited, a global IT solutions provider and Hitachi Asia (Thailand), an IT services company have jointly launched a high-reliability cloud computing service. The cloud computing hub will be hosted in NIIT Technologies' data center in Bangkok, initially serving only local Japanese corporations. more»

June 25 , 2010
Prudent and strategic IT investments for business

As the UK begins the slow and difficult climb towards recovery and companies wrestle with unprecedented challenges, the responsibility for cost-cutting is settling firmly on the shoulders of he finance director. more»

June 1 , 2010
We plan to launch a healthcare vertical by the year-end

Delhi based NIIT Technologies posted a 57 percent rise in the net profit for the quarter ending March. It jhas 189.5 crores of cash in the balance sheet and says it will be used to pursue new opportunities. CEO Arvind Thakur told Kritika Suneja the would explore only a few seghments for growing this year. more»

May 24 , 2010
NIIT Tech Q4 Profit rises 57%, on lower taxes, high margin deals

NIIT Technologies' consolidated net profit today reported a growth of 57 per cent at Rs 41.3 crore for the fourth quarter ended March 31, 2010, over the same period year-ago. Revenues of the company rose to Rs 239.2 crore for the quarter ended March 31, from Rs 227 crore in the same quarter last year, NIIT Technologies said in a filing to the Bombay Stock Exchange more»

May 7 , 2010
NIIT Tech Q4 net up 57 pct; declares dividend of Rs 7/share

NIIT Technologies' consolidated net profit today reported a growth of 57 per cent at Rs 41.3 crore for the fourth quarter ended March 31, 2010, over the same period year-ago. Revenues of the company rose to Rs 239.2 crore for the quarter ended March 31, from Rs 227 crore in the same quarter last year, NIIT Technologies said in a filing to the Bombay Stock Exchange. more»

May 7 , 2010
As Volcanic Ash Settles On The Air And Travel Industry, The Sector Faces A New Wave Of Cost Cutting

As the air travel and transport industry continues to count the cost impact of the volcanic ash on the sector, many experts predict more pain and consolidation could follow, with a renewed focus on cost-saving. more»

April 21 , 2010
Our focus is on Geographical Information System for UID Project” said Mr. Arvind Thakur, CEO NIIT Technologies in an interaction with Financial Express

After focusing on three industry segments -- insurance, travel and retail -- since 2004, NIIT Technologies has taken a step forward. The company has decided to lay more stress on the domestic market (contributes 10% of the revenue) after bagging the Rs 228-crore Border Security Forces deal. Arvind Thakur, CEO, NIIT Technologies, discusses with FE's Diksha Dutta the company's strategies and its positioning in the competitive IT industry. more»

April 8 , 2010

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