CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
NIIT Technologies and ______ collaborated to accelerate the ’cloudification’ of its enterprise clients.
A
IBM
B
Microsoft
C
Infosys
D
Google
Explanation: 

Detailed explanation-1: -NIIT Technologies is now Coforge.

Detailed explanation-2: -NIIT Limited (National Institute of Information Technology) is an Indian multinational skills and talent development corporation headquartered in Gurgaon, India. The company was set up in 1981 to help the nascent IT industry overcome its human resource challenges.

Detailed explanation-3: -The rebranding exercise comes after the change of its ownership last year to Baring Private Equity Asia. Started in 1981, the mid-tier IT firm has an annual revenue of $600 million currently. The company said that the word ‘Coforge’ stands for working together to create lasting value.

Detailed explanation-4: -This includes about 14.4 million shares of NIIT Ltd, the listed parent that owned 23.5 per cent of NIIT Technologies and about 4.3 million shares (7.10 per cent) held by members of families of NIIT founders Rajendra Pawar and Vijay Thadani, the statement said.

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