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Intelligroup eyes $18 mn buyouts in US, India
US-based Intelligroup Inc, a provider of strategic IT consulting, application management, support and implementation services with its global delivery centres in Hyderabad and Bangalore, is......
IT veteran to mould Happiest Minds
Ashok Soota, one of the co-founders of MindTree and a veteran of the IT industry knows what it takes to try and reach $100 million in five years -- his ambitious goal for his new company titled......
Soota takes along old members for new team
Ashok Soota, co-founder and former chairman of information technology (IT) services company MindTree, on Monday announced the founding team of his new venture, Happiest Minds.The 12-member team......
NTT resumes talks for Patni promoter stake
Five months after negotiations broke down, Japanese IT services firm NTT Data Corporation is back in the race to acquire the promoter stake in Mumbai-based IT services firm Patni Computer......
Shocker! 30 PEs exit India, withdrawing $1.46 bn
Private equity firms have offloaded stakes worth $1.46 billion in the Indian companies during the April-June quarter this year, reveals the data by deal tracking research firm VCCEdge. It says 30......
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