Arvind Thakur

NIIT Technologies appoints Sudhir Singh as CEO designate

"Sudhir would be based in the US and shall report to Arvind Thakur. Arvind will transition his current CEO related responsibilities systematically to Sudhir during the year," NIIT Technologies said in a BSE filing.

Q1FY18 revenues to grow sequentially, margins may expand YoY: NIIT Technologies

Growth was seen on the back of expansion in BSFI segment and US markets, said Arvind Thakur, CEO & Joint MD at NIIT Technologies.

NASSCOM Summit: Midcap IT CEOs discuss buyback, growth plans

The country's midcap IT companies chiefs are of the view that share buybacks by companies must be backed well with a proper cash expenditure plans.

Q3 in line with expectations; Q4 should be better: NIIT Tech

Thakur says the company has witnessed an expansion in margins every quarter and is confident of reaching an exit margin of 17.5 percent by the end of current fiscal.

NIIT Tech's Q3 net profit falls 10% to Rs 62 cr

Its revenues grew two percent to Rs 693.8 crore in the reported quarter from Rs 680.2 crore in the October-December, 2015 quarter, as per Indian Accounting Standards (Ind AS).

Expect single-digit revenue growth in FY17: NIIT Tech

The first quarter of FY17 was impacted due to seasonality and softness in insurance business in the UK post Brexit, although there have been no deal cancellations, says Arvind Thakur, CEO of NIIT Technologies.

NIIT Tech Q1 profit tanks 64%, GIS business drags revenue 2%

Total income from operations fell 2 percent sequentially to Rs 670.7 crore in the quarter ended June 2016 on account of seasonality in domestic GIS business, Arvind Thakur, CEO and joint MD said.

Q1 may be weak due to seasonality; margins to hold: NIIT Tech

The company's margins to remain steady due to significant growth in its international and digital business, says Arvind Thakur, CEO & Joint MD, NIIT Technologies.

'Make in India' critical for growth: Industry leaders

The remarks from the industry leaders came after Finance Minister Arun Jaitley launched the 'Make in India' conference here on the second day of his four-day visit to Australia.

NIIT Tech Q3 net profit up 54% to Rs 74.2 crore

The company's net profit stood at Rs 48.2 crore in the same period last fiscal. "The growth came on multiple accounts. We saw expansion of operating margins by 60 basis points. Also, there was an improvement in tax rates and benefit from higher other income," Arvind Thakur, CEO and Joint MD, NIIT Technologies told PTI.

NIIT Tech Q2 beats estimates, profit jumps 16.6% to Rs 68cr

â€œGrowth in all international geographies and industry segments of focus resulted in 8 percent sequential growth in international business," Arvind Thakur, CEO and Joint MD, NIIT Technologies said, adding improved international revenue mix contributed to expansion in margins.

NIIT Tech Q1 adj profit dips to Rs 58.5 cr, revenue up 4.9%

â€œThe quarter witnessed robust 8.9 percent sequential growth in international geographies which helped maintain operating margins at 16.3 percent despite wage hikesâ€ said Arvind Thakur, CEO and Joint MD, NIIT Technologies.

NIIT Tech Q4 net loss at Rs 17.5 cr on exceptional expenses

However, its consolidated revenues for the quarter grew 2.7 percent sequentially to Rs 611.2 crore from Rs 595.3 crore.

Improvement in margins to continue: NIIT Technologies

In an interview to CNBC-TV18, Thakur says he expect the coming financial year to better than the current one as the US market is recovering

NIIT Technologies Q3 net falls 15% to Rs 53.1 cr QoQ

Consolidated revenues declined 1.7 percent to Rs 587.3 crore in the quarter ended December 2013 from Rs 597.3 crore in previous quarter.

We have aspirational goal of reaching $1bn sales: NIIT Tech

In an interview to CNBC-TV18, Arvind Thakur, CEO & joint MD, NIIT Technologies says the company's revenue is up 30 percent CAGR in the last three years.

Bagged orders worth $84mn in Q2; forex gain at 8%: NIIT

The company's revenue rose 8.4 percent (up 17.4 percent Y-o-Y) to Rs 587.3 crore during September quarter from Rs 541.9 crore in June quarter, led by strong growth in US.

Expect margins to improve going further: NIIT Tech

Arvind Thakur, CEO, NIIT Technologies says, in an interview to CNBC-TV18, that though margins saw a dip in the first quarter due to an increase in wages, he expects margins to improve as the volumes increase over the following quarters.

Revenue from Morris to rise slightly in next quarter: NIIT

In an interview to CNBC-TV18 Arvind Thakur, CEO, NIIT Technology talked about the fresh orders they have bagged from one of their older client Morris Communications. He informed that they are in the process of executing that engagement and they may see USD 20 million improvements in revenues from Morris.

NIIT Tech Q4 net falls 8% YoY to Rs 46.2 cr

IT solutions provider NIIT Technologies' fourth quarter net profit declined 8% from a year ago to Rs 46.2 crore as the rupee appreciation against major currencies hurt.

NIIT Tech acquires Spanish firm Proyecta Sistemas for $7m

IT company NIIT Technologies today acquired Spainish software services firm Proyecta Sistemas de Informacion SA for for USD 7 million.

GIS biz's margins to improve going forward: NIIT Tech

In an interview with CNBC-TV18’s Sonia Shenoy, Arvind Thakur, CEO, NIIT Technology said, the company has had a good overall performance. He expects margins to improve, going forward, in the GIS business.

Slowdown in US to not strike services business: NIIT Tech

In an interview with CNBC-TV18, Arvind Thakur, CEO of NIIT TECHNOLOGY, said global environment continues to look turbulent following the spate of GDP downgrade and Greek debt concerns. "However, this will not have a major impact on the services business," he adds.