Infosys struggles to sell distressed asset Panaya3 min read . Updated: 20 Jul 2018, 08:44 AM IST
Infosys is finding it hard to sell Panaya even at ₹582 crore, about 59% less than the ₹1,398 crore it paid in February 2015
Bengaluru: Back in February 2015, Infosys Ltd’s then chief executive Vishal Sikka hailed the firm’s $220 million (₹1,398 crore) purchase of Panaya, calling the Israeli firm’s offerings “an awesome piece of technology."
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