MoneyWorks4Me

GSS Infotech gets nod to raise funds to the tune of $75 million

06 Dec 2011 Evaluate

GSS Infotech has received an approval for raising funds through Foreign Currency Convertible Bonds (FCCB) / American Depository Receipts (ADR) / Global Depository Receipts (GDR) and Qualified Institutional Placement (QIP) to the tune of $75 million. The board at its meeting held on December 05, 2011 has approved for the same.

GSS Infotech is one of the fastest growing IT consulting and software Development Company. The Global IT Services company focuses on providing scalable and cost-effective IT Solutions using Global Delivery Model for industries in the areas of financial services, insurance, telecom, manufacturing, transportation, healthcare, legal and power.

Peers
Company Name CMP
TCS 2085.20
Infosys 1015.25
HCL Technologies 1258.70
Wipro 164.25
Tech Mahindra 1568.40
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