MoneyWorks4Me

KPIT Cummins Infosystems gets nod for investment in KPIT Infosystems, UK

25 Feb 2013 Evaluate

KPIT Cummins Infosystems has received an approval for investment in KPIT Infosystems, UK, for funding of potential future acquisition, by way of loan or equity. The board of company at its meeting held on February 23, 2013 has approved for the same.

The board has also approved for investment in KPIT Infosystems Inc., USA for funding of potential future acquisition, by way of loan or equity.

KPIT Cummins Infosystems, an IT consulting and product engineering partner, is focused on co-innovating domain intensive technology solutions for global automotive & transportation, manufacturing and energy & utilities companies.

Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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