New Delhi, Virtual Galaxy Infotech on Tuesday said it has raised Rs 21.44 crore from lead investors in its pre-IPO funding round.The company is now preparing to file the draft red herring prospectus (DRHP) with the stock exchange to launch its SME IPO, the company said in a statement...
New Delhi, IT solutions provider Corporate Infotech on Thursday said it has received a Rs 240 crore project to develop a cloud-based document sharing and storage platform for government officials.The GovDrive project will serve approximately 50 lakh government officials across the country...
Mumbai, Veteran industry leader A M Naik on Wednesday resigned as chairman of L&T Group's information technology and engineering services arms, L&T Infotech Mindtree and L&T Technology Services, on Wednesday.Naik, who has been in the field of engineering, procurement and construction for over...
New Delhi: Industry veteran A M Naik has decided to step down as chairman of LTIMindtree as well as L&T Technology Services, and S N Subrahmanyan will take over as chairman in his place from June 27, the two companies said in separate statements. .Naik, affectionately known as AMN, has been...
The Larsen & Toubro group company said this announcement was made at the 28th AGM of the board of directors.Subramanian (popularly known as SNS) and Chairman and Managing Director of Larsen & Toubro, joined the board of L&T Infotech in January 2015 and on May 4, 2017, he was appointed as the...
New Delhi, IT infrastructure solutions provider Army Infotech Ltd has filed preliminary papers with capital markets regulator SEBI to raise Rs 250 crore through an initial public offering (IPO).The Gujarat-based company's initial share sale is entirely a fresh issue of equity shares, with no...
New Delhi, Market regulator Sebi on Monday said it has put 22 properties of seven companies, including Pailon Group, Vibgyor Group and GBC Industrial Corp Group, up for auction on July 10 to recover money illegally collected from investors. Is.Other companies, whose assets will also be...
New Delhi, Nazara Technologies promoter Mater Infotech has sold 48.8 lakh equity shares, 6.38 per cent stake, to existing investor Pluto Wealth Management through a block deal, according to a release on Monday.The promoters of Nazara Technologies will retain control of the company, with Nitish...
New Delhi, IT services company Clover Infotech on Tuesday announced that it has appointed Harsh Jain as its Chief Financial Officer with effect from April 1, 2024.Jain, who previously held the chair of vice president-finance, will now report to President Javed Tapia and CEO Kunal Nagarkatti...
New Delhi: Diversified unit ITC Ltd on Thursday said its arm ITC Infotech India will acquire BlazeClan Technologies for a total consideration of Rs 485 crore.ITC Infotech India, a wholly owned subsidiary, has advised us that it has entered into a share purchase agreement on Thursday to acquire...