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    • Aim 10% core business growth in FY17: Cyient CEO

      Softential, a Cyient company dealing in service operations management, was also a major dissapointment in FY16, bringing lower than anticipated revenues. But Bodanapu expects it to do better in the future and says it is going to fetch them little over $20 million in the coming year.

    • See margin boost of 100 bps QoQ to continue: Cyient

      Krishna Bodanapu, MD and CEO, Cyient says that growth in Q2 was broad-based as growth in data network operations stood at 10 percent while top 20 clients grew at 6.1 percent.

    • Infotech Enterprise up 5% on buying US firm Softential

      Krishna Bodanapu, President & COO, Infotech said Softential's 2013 revenue stands at USD 17-18 million. The price paid for the buyout includes 1.1 times of its 2013 revenue plus another performance-based payout component based on EBITDA over the 12 months.

    • Infotech buys US-based Softential in all cash deal

      Krishna Bodanapu, President & COO, Infotech said Softential buyout will allow Infotech to provide better services to its telecom clients and add to its margins.

    • Infotech to acquire Softential in all cash deal

      Infotech Enterprises enters into definitive agreement to acquire Softential in an all cash deal. The payment for this stands at USD 18.7 million plus an earnings-based payout.

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