Comments
Infosys, India’s second largest software services firm, on Friday said it has divested its investment in OnMobile Systems Inc for $2.49 million.
“...it (Infosys) has on February 15, 2018 signed an agreement for divestment of its entire investment from OnMobile Systems Inc. USA for a total consideration of USD 2,498,756,” Infosys said in a regulatory filing.
In a separate filing, BSE-listed OnMobile Global (OGL) said Telesystem had acquired Infosys’ stake in OnMobile Systems.
Telesystem is a part of the promoter group of OGL, it added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.