Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

NIIT Technologies gets part payment of Rs 41.9 crore

05 Apr 2017

NIIT Technologies has received a part payment amounting to Rs 41.9 crore under a settlement agreement. This will result in revenue recognition of Rs 27.1 crore for services contracted, and reversal of provisions amounting to Rs 13.15 crore in the financial statement of the Company for FY 2017.

NIIT Technologies is a leading global IT solutions organization, servicing customers in Americas, Europe, Middle East, Asia and Australia. It offers services in Application Development and Maintenance, Infrastructure Management Services, IP Asset or Platform Solutions, and Business Process Management to organizations.

Related Coforge Ltd. Links:

Coforge Share Price

5087.30 -90.05 (-1.74%) Jul 30, 18:01
1 Year Price Chart
Peers
Company Name CMP
TCS 3167.50
Infosys 1610.25
HCL Tech. 1025.45
Wipro 586.60
Tech Mahindra 1209.45
View more..
Sensex vs Coforge
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback