Shares of NIIT today touched the 20% upper circuit of ₹114.50 on BSE in early trade. The surge in NIIT shares comes in the backdrop announcement that Baring Private Equity Asia will acquire 30% stake ...
Training giant NIIT Ltd’s reorganisation plan announced a year ago has taken concrete shape, with its Board approving a split of the company into two. The demerger of its corporate learning business ...
It’s déjà vu at training giant NIIT. In 2004, it had restructured and split into two, hiving off its software services business into another entity, which it eventually sold in 2019 to Barings Pvt ...
NIIT demerger: Board of directors had fixed 8th June as record date for subdivision of the company into two separate companies — NIIT Ltd and NLSL.(MINT) NIIT share price has been under bulls' lens ...
According to the IRS, the Net Investment Income Tax (NIIT) applies at a rate of 3.8% to certain net investment income of individuals, estates and trusts with earnings higher than the statutory ...
Shares of NIIT will turn ex-date for demerger on Thursday. The company had announced a composite scheme of arrangement wherein the training company transferred its corporate learning business to new ...
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