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Infosys Writes Off $90m Related To Panaya Acquisition et al

Professor of Financial Economics and Part-time Value Investor, Transfin.
Apr 14, 2018 11:54 AM 2 min read
Editorial

End of Day Wrap-up (Saturday / April 14, 2018) #Infosys #CEO #VishalSikka #Mahindra #RelianceJio #US #Forex #Citi #JPM #Transfin

Editor's comment: Infosys writes off $90m on its Panaya acquisition. Proposes sale of Panaya and Skava bought during previous CEO Vishal Sikka’s tenure. Domestic tech giant seeks more digital acquisitions (i.e. AI, automation) in the future. 

 

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