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Infosys to spin off products business into subsidiary on PPS

Infosys to spin off products business into subsidiary on PPS

Bangalore, June 14 (IANS):Indian IT bellwether Infosys Ltd. will seek shareholders’ consent Saturday to spin off its products, platforms and solutions (PPS) business to its subsidiary Edgeverve Systems Ltd for about $80 million (Rs.480 crore). Infosys to spin off products business into subsidiary on PPS A special resolution will be moved at the company’s 33rd […]