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Syntel Q1 Net declines 31% at $40mn; cuts FY15 revenue outlook

The Nasdaq-listed firm had posted net profit of USD 58.1 million in the year-ago period, it said in a statement.

Syntel appoints Nitin Rakesh as CEO and President

Nasdaq-listed software firm Syntel has appointed Nitin Rakesh as the chief executive officer with effect from April 21, 2014.

Syntel to invest $ 60-65 mn in cloud and mobility this year

Nasdaq-listed software firm Syntel is planning to invest USD 60-65 million (around Rs 350 crore) in emerging verticals such as cloud and mobility during this year.