A global IT solutions provider NIIT Technologies announced that the company has signed up a share purchase agreement with Softech GmbH.

Under the agreement, NIIT Technologies will buy 100 percent share capital of Softec GmbH.

Softec GmbH is German-based Company providing IT solutions in airlines revenue accounting. The company also holds a major market share of about 40 small to medium airlines within Europe, Africa and Asia.

New Delhi, Feb. 27: Repeating its feat of 2007, Aptech garnered the maximum awards for franchising at the celebrated Indian Franchising Awards 2008 held in New Delhi.

London, Feb 7 : An Austrian cinema has employed a unique technique to lure more customers

Islamabad, Feb. 4: The Federal Board of revenue in Pakistan has said in its latest report that only three percent of the country’s business outfits have paid taxes for fiscal 2007-08.

New Delhi, Jan 31 (ANI): Union Finance Minister P Chidambaram today said 2006-07 has recorded a growth of 9.6 per cent in the economy, and expressed confidence that it would be nearly 9 per cent in

New York-headquartered, BlackRock has acquired the 40% stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers. The mutual fund house will be renamed DSP BlackRock Mutual Fund while DSP Merrill Lynch Fund Managers will be renamed ‘DSP BlackRock Investment Managers’.

The remaining 60 per cent will continue to be held by the DSP Group (Hemendra Kothari and his associate companies).

Hemendra Kothari, chairman of DSSML-FM, said the deal is in line with the realignment of Merrill Lynch asset management business and there is no cash transaction involved.