Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro forma revenue(2) for the twelve months ended September 30, 2015. On a non-GAAP basis, transaction is […]
Investor Alert: Lawsuit against Directors of Google Inc (NASDAQ:GOOGL) over alleged Anti-Poaching Agreements
The Shareholders Foundation announces that an investor in Google Inc (NASDAQ:GOOGL) shares filed a lawsuit against the board of directors of Google inc alleging the defendants harmed Google Inc by engaging in illegal anti-poaching agreements with other tech companies in violation of federal antitrust laws. Investors who purchased shares of Google Inc (NASDAQ:GOOGL) in 2007 […]
Reliance Jio Signs Agreement for Tower Sharing with Videocon Telecom
Mukesh Ambani’s Reliance Jio seems to taking care of every possible thing before the launch of its highly anticipated fourth generation (4G) services in India. The Reliance Industries Limited (RIL) owned company has strived to optimize existing infrastructure while building ambitious new backend infrastructure. The company has also signed deals with many other entities for […]
Norilsk Nickel Shareholders Nominated New Candidates To The Board
Today, Norilsk Nickel’s Board of Directors should approve the list of candidates to fill the new Board, writes Russian newspaper Vedomosti. The list of nominees will be submitted for the elections on company’s AGM this summer. Norilsk Nickel’s board have 13 seats, which according to the shares ownership and previously reached agreements distributed in the following […]
U.S. Government Agrees to Rescue Plan for Citigroup
The U.S. Government reportedly agrees to a rescue plan for Citigroup according to the Wall Street Journal. The plan would remove about $300 billion of bad assets off of the companies books. This may help stabilize the company which has been under pressure losing 60 percent of it’s value on the markets. The once mighty Citigroup had market cap of $250 […]
Steve Ballmer To Go To Yahoo Shareholders To Push Deal
An article by Elizabeth Corcoran in Forbes.com, talks about Mr. NiceGuy Microsoft CEO Steve Ballmer getting tough on his bid for ailing Internet portal, Yahoo. Read on: "Dear Members of the Board (Yahoo): It has now been more than two months since we made our proposal to acquire Yahoo! at a 62% premium to […]
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