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ELEMENT K CORPORATION
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- NIIT net profit at Rs 50 lakh in October-December quarter
The company had sold its US-based subsidiary, Element K Corporation, to SkillSoft Corporation for $ 110 million.
- NIIT posts Rs 26 crore profit for January-March quarter
IT education provider NIIT Ltd today posted a profit after tax (PAT) of Rs 26.2 crore for the fourth quarter ended March 31.
- NIIT shares up 20% after sale of US training unit
NIIT skyrocketed by nearly 20 per cent on the bourses today after the company said it sold its US-based subsidiary
- NIIT sells Element K to SkillSoft for $110 million
The funds from the deal would be used to strengthen NIIT's four platforms - MTS, cloud campus, NGuru and YuvaJyoti.
- NIIT sells Element K to SkillSoft for $110 million
NIIT said it has divested its entire stake in the US-based subsidiary, Element K Corporation, to SkillSoft Corporation for USD 110 million.
- NIIT Q4 net up 53% at Rs 37 cr, declares 75% dividend
India's largest IT training company NIIT Ltd on Tuesday reported a 53% increase in its Q4 net profit on the back of surge in demand for IT ...
- NIIT Q4 net up 53% on sale of asset
NIIT Limited reported a 53% increase in its Q4 net profit on the the back of upsurge in demand for IT training, launch of new platforms lik...
- DoT asked to rescind SMS ban in Kashmir
Mobile subscribers in Jammu and Kashmir (J&K) can continue sending and receiving SMSes.
- NIIT buys US firm Element for $40 mn
NIIT on Thursday announced that it had acquired US-based learning solutions provider Element K for $40 mn.