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Cyient approves Rs 720 crore share buyback as Q4 profit falls sharply. Check premiumCyient approved a share buyback while reporting a sharp decline in quarterly profit due to one time charges, even as revenue remained stron...
Cyient to design chips with improved power, M2M capabilities: officialCyient plans to design chips for automotive, data centers, medical equipment, and aerospace and defense, leveraging its extensive intellect...
Cyient Q1 Results: Firm reports 46% rise in net profit to Rs 169 croreThe revenue from operations rose about 35 per cent to Rs 1,686.5 crore in the first quarter of this fiscal, up from Rs 1,250 crore in the y...
Cyient rejigs top leadership, appoints Karthik Natarajan as CEO"With immediate effect, Cyient's board of directors has appointed Krishna Bodanapu as Executive Vice Chairman and Managing Director of Cyie...
Cyient to sell stakes in units offering low returns in 2022The Hyderabad-based company is betting on Covid-led demand for technology solutions to continue for the next few years as more industries a...
Cyient Q3 revenue drops on one-time client discount; firm cuts jobsThe company’s revenue dropped to $155.2 million, from $165 1 million a year ago.
Cyient to hire 800 for its Warangal R&D unitWarangal is also seeing interest from other IT players such as Tech Mahindra, which has also set up centres in the past two years. Tier-II ...
Cyient Q1 profit up 10% at Rs 91 croreRevenue increased marginally to Rs 1,089 crore in April-June quarter as against Rs 1,080 crore in the year-ago period.
Cyient Q1 net profit dips 6% to Rs 82 croreThe company had posted a net profit of Rs 87.8 crore in the same period previous year.
MoU signed to produce UAV systems for defence forcesA release said on Wednesday that the joint venture, named Cyient Solutions and Systems Private Limited, has 51 per cent and 49 per cent sha...
Cyient to sell Infotech Aerospace stake to Pratt & Whitney“This divestment is a step in the right direction and will aid us in becoming more focused while striding towards achieving our vision,” Bo...
Cyient Inc and ASE S.p.A. sign a joint market agreementThe agreement was signed at the Cyient exhibition booth at the Aero India 2017 by Bodanapu, and Carmelo Cosentino, President, ASE.
Cyient expects to close one or two acquisitions in FY16Cyient, an IT and engineering services company, is scouting for acquisitions and could close as many as two this year, as it looks to boost...
Cyient Q1 revenue drops 2.6% as Rangson Electronics orders deferred, services growth slowsFor the quarter ended June 30, Cyient reported revenue of $114.3 million, down 2.6 per cent from the fourth quarter, but up 9.9 per cent fr...
Cyient posts Net profit of Rs 94 crore in Q4Cyient today posted a net profit of Rs 94 crore in the fourth quarter ended March 31, showing a growth of 34 per cent as compared to the sa...
Cyient records 45% surge in PAT to Rs 101 croreThe company said in a statement today its revenues for the October-December quarter grew by 23 per cent to Rs 712 crore.
Cyient Q2 net up 24.4 per cent at Rs 90.1 croreCyient has also signed a definitive agreement to acquire a majority stake in Invati Insights, a start-up data sciences company.
- Infotech in talks with Lockheed Martin for aircraft design
Infotech Enterprises, the city-based technology solutions provider offering engineering and geographic information (GI) services, is in tal...
- IEL inks agreement with Seawell for eng support services
Infotech Enterprises Limited, today said it has signed a long-term master service agreement with Norway-based Seawell AS, an international ...
- Infotech to acquire two aerospace companies
Technology solutions provider Infotech Enterprises Limited, may acquire two Aerospace companies with an investment of USD 30-50 million, in...