Filter announcements
Loading...
Cyient (formerly Infotech Enterprises Limited) is an Indian multinational technology company that is focused on engineering, manufacturing, data analytics, and networks and operations. Infotech Enterprises Ltd. was established in 1991 in Hyderabad.
Cyient successfully completed the acquisition of 100% stake in US-based Tao Digital Solutions Inc. This strategic move strengthens Cyient's business capabilities and market presence.
Cyient's step-down subsidiary, Blom Aerofilms Ltd., UK, has been dissolved. The company confirms this action has no material impact on its operations or financial position.
Cyient received antitrust approval from Indian regulators for its 100% acquisition of Tao Digital Solutions Inc. This clears a major hurdle, progressing the deal towards completion.
Cyient launched a new brand positioning, 'Nothing Less,' signaling its evolution as a Global Lifecycle Engineering Services leader. The strategy focuses on intelligent engineering with human expertise and AI, aiming to deliver exemplary customer outcomes and drive future growth across the entire asset lifecycle.
Cyient's 50:50 joint venture, Infotech HAL Limited, has been dissolved by the NCLT after completing its liquidation. With a paid-up capital of Rs. 4 Cr, the JV had no significant assets. This concludes Cyient's investment.