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NIIT'S SOFTWARE BUSINESS SPIN-OFF BY JUNE-END: CEO.
NEW DELHI, Feb 2 Asia Pulse - NIIT (BSE:NIIT) has said its software business would be spun off by the third week of June and the whole exercise is on course as per its plans.
"The scheme of arrangement is current with stock exchanges. After that it would go to the courts. As of now, we are on the track to complete the spin-off by June third week", Vijay Thadani, CEO, NIIT said.
In December last week, NIIT board okayed spin-off of software ...
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