Page 28 - Azentio Software News Today : Breaking News, Live Updates & Top Stories | Vimarsana

3i Infotech Ltd on Thursday said Thompson Gnanam has been appointed as the company's managing director and global CEO, with immediate effect. Also, Mrinal Ghosh has been named as the company's chief financial officer, while Avatar Singh Monga has been appointed as an additional director. "As part of the sale of the product business of the company to Azentio Software Pvt Ltd under the business transfer agreement (BTA) dated December 28, 2020, Padmanabhan Iyer will move to Azentio Software. "Accordingly, he has stepped down as managing director and global CEO and CFO (chief financial office...

ALTAMIR: Significant growth in Altamir's NAV (13.7%) and robust activity in 2020, against the background of the Covid-19 crisis Record-high NAV as of 31 December 2020: €1,128.2m, or €30.9/share 13.1% increase in average weighted EBITDA, reflecting the portfolio's overall resilience and the excellence performance of the TMT sector Robust activity: 8 companies acquired in a diverse range of sectors and geographies; in total, more than €113m invested and committed during the year 6 companies sold, with uplift of 25%; nearly €159m in divestment proceeds and revenue generated during the y...

ALTAMIR: Robust business activity, despite the public health crisis Paris, 4 February 2021 - Following an exceptional 2019, Altamir still had a strong year in 2020, in terms of both investment and divestment. In the context of the Covid-19 public health crisis, the private equity market was for the most part resilient, enabling the Apax France X and Apax X LP funds to continue deploying their capital, in particular in the second half. Divestment activity remained on a positive trend, with a particularly significant uplift of more than 20% over all divestments. On 29 January 2021, Apax Partner...

Stocks to Watch: ICICI Bank, Biocon, PNB, 3i Infotech, SpiceJet, Coal India Photo: Ramesh Pathania/Mint Share Via Read Full Story NEW DELHI : Here’s a list of top ten stocks that may be in news on Tuesday: ICICI Bank: Country's largest insurer Life Insurance Corporation (LIC) has sold 2% stake in private sector lender ICICI Bank through open market transactions. The insurer sold 13.8 crore shares, representing 2.002% stake of ICICI Bank, over a period of November 27 to December 24, 2020, the bank said in a regulatory filing. TRENDING STORIESSee All 1 min read Nazara Technologies IPO share a...

3i Infotech hit an upper circuit of 5% at Rs 5.91 after the IT firm said its board approved the slump sale of global software products business on a going concern basis to Azentio Software.3i Infotech has decided to sell its global software products business through a slump sale to Mumbai-based Azentio Software for Rs 1,000 crore. The company's software product business has intellectual property and employees in India, the U.S., the U.K., Kenya, UAE, Malaysia, Singapore, Thailand and Saudi Arabia. The IT company's product division posted revenue of Rs 442.98 crore for the year ending 31 Marc...