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-  Offers two new programs targeting Enterprise Big Data Engineering skill set

-  Both the programs build a strong foundation on Big Data, Scala Programming and Apache Spark followed by the respective specialization of Spark ML or Databricks

New Delhi, September 23, 2020: StackRouteTM, an NIIT venture announced the launch of programs in Data Engineering. Titled, 'Enterprise Big Data Engineering & Machine Learning using Spark' and 'Enterprise Big Data Engineering using Databricks & Delta Lakes - these programs help enterprises to equip their workforce having prior experience in data projects, with steps and tools of designing and solving business challenges that fall in the category of Data Analysis and Big Data using modern Data Architectures like delta architecture. 

While the Enterprise Big Data Engineering & Machine Learning using Spark program will empower professionals with the skills to scale Data Science and Machine Learning task on Big Datasets using Apache Spark, the Enterprise Big Data engineering using Databricks & Delta Lakes program will establish strong foundations in key big data pipeline using Azure Databricks - an Apache Spark based analytics platform optimized on Microsoft Azure Cloud. 

These programs seek to establish strong foundations in key software engineering principles, methodologies, and to impart skills in building scalable enterprise data pipeline for analysis using Apache Spark- a cluster computing system well suited for large scale machine learning tasks

The programs will be delivered on weekends via Live Practitioner-led sessions with remote Cloud based lab facility. The average duration of each program is 8-9 weekends with 150 hours of learning effort. 

The Enterprise Big Data Engineering & Machine Learning using Spark program covers three most popular ML algorithms, and indispensable to those building ML based analytical solutions - Decision Trees, Clustering and Regression. 

The Enterprise Big Data Engineering using Databricks & Delta Lakes program covers Data Lakes, which is a required skill in the industry today and gaining popularity, yet to cover in many Apache Spark courses. The program covers integration with Delta Lake - an open source implementation of Data Lake- using Apache Spark. 

According to NASSCOM, the Indian Analytics industry will reach $16 billion mark by 2025. The growth is already evident and has with more than 90,000 analytics professionals in the market at present. Various industry report highlight about acute talent shortage in the area of Big Data Engineering and the area is emerging as a prized career option. 

Speaking on the announcement Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "Having worked with leading Technology Companies, StackRoute has created a niche for itself as the go-to organisation for disruptive learning solutions and helping enterprises build Tech Professionals with deep skills. We are happy to launch theses data engineering programs, designed to further the endeavour of many organizations in building 'Big Data Engineers' with strong foundations in key software engineering principles and skilled in building scalable enterprise data pipeline".

Over the past 5 years StackRoute has been committed towards delivering disruptive learning solutions, producing highly skilled and deployment ready talent in emerging tech and digital roles. Recently StackRoute was awarded with Brandon Hall Group HCM Excellence award 2020, jointly with a leading independent IT and business consulting services firm. The Gold medal has been awarded under the category - "Best Use of Blended Learning" for Graduate Transformation Program. Additionally, StackRoute has won Brandon hall Silver award for 'Best Results of a Learning Program' jointly with the world's leading engineering company in aerospace.

For more information about the program visit: https://www.stackroute.in/enterprise-big-data-engineering

 

About StackRoute

StackRoute, an NIIT venture, is a digital transformation partner for corporates to build multi-skilled full stack developers at scale. Established in August 2015, StackRoute provides disruptive IT learning solutions on programming, quality-engineering, data-science and digital architecture. Our immersive and remote programs are practitioner-led and outcome-oriented. Geared towards imparting deep skills in digital technologies, StackRoute works with multiple tier 1 IT companies, product engineering companies, and GICs towards transforming their workforce into full stack developers who can efficiently deliver digital transformation projects with ease. 

For more information about StackRoute visit: www.stackroute.in


About NIIT Limited

NIIT Limited is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions.

 

For more information about NIIT visit: www.niit.com 

For media queries, please contact: 

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

09India9/23/2020Yes202009728092020/india/training/newsroom/PublishingImages/StackRoute%20logo.png

New Delhi, September 23, 2020: StackRouteTMan NIIT venture announced the launch of programs in Data Engineering. Titled, 'Enterprise Big Data Engineering & Machine Learning using Spark' and 'Enterprise Big Data Engineering using Databricks & Delta Lakes - these programs help enterprises to equip their workforce having prior experience in data projects, with steps and tools of designing and solving business challenges that fall in the category of Data Analysis and Big Data using modern Data Architectures like delta architecture.

  

-  Announces the launch of an Employment Enhancement Program for college students

-  Introduces virtual Future Ready programs for students through NIIT digital on the occasion of 30th anniversary of the Nagpur Centre 

Nagpur, September 01, 2020: NIIT Limited, a global leader in skills and talent development, announced the launch of virtual 'FutureReady Fest', an initiative to encourage students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum. The launch was announced by Ms. Rina Sinha, NIIT Nagpur, on the occasion of 30th anniversary of the Nagpur Centre. 

The Future Ready programs will be delivered through NIIT digital platform. Through NIIT Digital, learners are able to access their learning plans and all associated content and services through an intuitive dashboard on connected Desktops/ Tabs/ Smartphones. 

In addition to this, NIIT Nagpur has launched an Employment Enhancement Program for college students that will help prepare them for better placement opportunities. The program will train students for essential skills required in the professional world and groom student for interview process handling. 

Rajendra S Pawar, Chairman and Co-founder NIIT Limited and Founder NIIT University said, "Rina Sinha upholds the true values of NIIT and symbolizes the dedication and commitment that the organization stands for. As one of the longest serving associates, over the past 30 years, she has successfully introduced key initiatives from NIIT and now NIIT University to the people of Nagpur. I wish her continued success."

Speaking on the occasion Vijay K. Thadani, Vice Chairman & Managing Director, NIIT Ltd., Co-Founder, NIIT University, said, "It is indeed an honour to celebrate this milestone of NIIT Nagpur completing its 30 year journey, towards development of IT Industry and towards fulfilling the dreams and aspiration of thousands of students and for building and strengthening the fibre of NIIT's educational system, which it practises worldwide".

"NIIT Nagpur has always led with best student performance, with its high degree of student centricity and the quality of delivery and processes. This unique honour of NIIT Nagpur is largely due to the exceptional leadership of Rina Sinha and her vision, passion, perseverance and dedication. We are proud of NIIT Nagpur for its contribution towards the development of NIIT. We wish NIIT Nagpur the very best in the times to come", added Mr. Thadani.

Over the last 30 years, NIIT Nagpur has trained and placed hundreds of students from the city in leading corporates like Infosys, Capgemini, Wipro, Astral, ICICI Bank, Persistent Systems Ltd, Infocepts, e Caliber, Muthoot Finance,  to name a few. Taking a step forward, NIIT will now offer futuristic career programs guided by the choices of the industry to address the changing workforce needs, and help create job-ready talent pool for the fast evolving global economy.

Sapnesh Lalla, CEO, NIIT Ltd., said "This is indeed a proud moment for all NIITians, and I congratulate the team for splendid 30 years journey of NIIT Nagpur. We look forward to our continued association, and are determined to seamlessly connect the learners, providing an environment for improving learning effectiveness and efficiency, through the NIIT Digital platform". 

Bimaljeet Singh Bhasin, President, Skills and Career Business, NIIT Ltd., said, "I congratulate the NIIT Nagpur centre team for achieving tremendous growth over the past 30 years.  NIIT has always been focused towards building competencies for the future, to meet the requirements of the industry. Through our Future Ready Talent initiative, we aim to deliver aspirational career programs for the students that will ensure rewarding careers in today's digital economy." 

To celebrate the momentous occasion, NIIIT Nagpur organised a webinar wherein the NIIT Nagpur students shared their success stories through a digital platform on 1st September 2020.  NIIT management, Distinguished Alumni and former NIIT employees (Forever NIITians) attended the webinar. 

Speaking on the occasion Rina Sinha, NIIT Nagpur said, "We at NIIT Nagpur take great pride in what we have been able to accomplish over the past 30 years. I would like to express my gratitude and sincere thanks to the NIIT leadership, for their constant support and guidance in helping us achieve this significant milestone. I have also been very fortunate to work along with a talented team who have been instrumental in this success. I congratulate each and every NIITian associated with this centre, on this momentous achievement.

Established in the year 1990, NIIT Nagpur offers training programs in Software Engineering, Curriculum support and New Skill Enhancement Programs in IT, BFSI, Management, Corporate Learning, Govt. and State Programs from NIIT amongst others. The centre will also provide new age career programs in Digital Marketing and Branding, Data Analytics and Predictive Modelling, Full Stack Product Engineering, Banking and Finance and Accounting & Business Analytics. These programs will build awareness in today's aspiring professionals about the new possibilities and provide them with an opportunity to develop and grow in the field of their choice.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. 

NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category.

 

For more information contact:-

NIIT Nagpur Centre Address: 3rd Floor, Mangalam Arcade, Above Venus Book Depot, Darampeth. Nagpur 440010,  

Ph: 07122532673

For media queries, please contact:

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

09India9/1/2020Yes202009727092020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global leader in skills and talent development, announced the launch of virtual 'FutureReady Fest', an initiative to encourage students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum. The launch was announced by Ms. Rina Sinha, NIIT Nagpur, on the occasion of 30th anniversary of the Nagpur Centre. 

  


New Delhi /Atlanta, GA, August 28, 2020: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has earned 30 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The awards include prestigious honors for its Eagle Productivity Solutions and StackRoute divisions. The Brandon Hall Group Excellence awards are awarded for excellence in Corporate Initiatives, Learning, Talent Management, Sales Performance, Leadership Development, Talent Acquisition and Workforce Management.

NIIT earned 30 awards in various categories jointly with customers for 2020 including:

16 Gold awards

  • Best Program for Sales Training and Performance jointly with MetLife for MetLife Distribution Academy
  • Best Sales Onboarding Program jointly with MetLife for MetLife Distribution Academy
  • Best Use of Blended Learning jointly with MetLife for MetLife Distribution Academy
  • Best Unique or Innovative Sales Training Program jointly with MetLife for MetLife Distribution Academy
  • Best Advance in Creating a Learning Strategy jointly with MetLife for MetLife Distribution Academy
  • Best Advance in Creating an Extended Enterprise Learning Program jointly with MetLife for MetLife Distribution Academy
  • Best Advance in Learning Measurement jointly with MetLife for MetLife Distribution Academy
  • Best Advance in Learning Technology Implementation jointly with MetLife for MetLife Distribution Academy
  • Best Unique or Innovative Learning and Development Program jointly with MetLife for MetLife Distribution Academy
  • Best Use of Blended Learning jointly with CGI for the Graduate Transformation Program by NIIT StackRoute
  • Best Use of Blended Learning jointly with The World Food Programme of the United Nations for WFP Supervisory Skills Programme
  • Best Advance in Competencies and Skill Development jointly with The World Food Programme of the United Nations for WFP Supervisory Skills Programme
  • Best Advance in Leadership Development jointly with The World Food Programme of the United Nations for WFP Supervisory Skills Programme
  • Best Use of Games and Simulations for Learning jointly with Royal Dutch Shell for Trading and Supply: Interactivity 1 & 2 
  • Best New Hire Onboarding Program category jointly with IQVIA for Monitoring Performance Training
  • Best Advance in Custom Content jointly with Gilead Sciences for Gilead National Meeting G360 Refresher Training Pre-Work by NIIT's Eagle Productivity Solutions division

5 Silver Awards

  • Best Advance in Custom Content jointly with Equinor for Toxic Substance Control Act
  • Best Advance in Custom Content jointly with ABB for Ergonomics
  • Best Use of Video for Learning jointly with IQVIA for Negotiation Skills
  • Best Results of a Learning Program jointly with Boeing for Full-Stack Product Engineer Accelerated Experience by NIIT StackRoute
  • Best Use of Mobile Learning jointly with MetLife for MetLife Distribution Academy

9 Bronze Awards

  • Best Advance in Custom Content jointly with Royal Dutch Shell for Crisis Management and Social Media
  • Best Use of Blended Learning jointly with Royal Dutch Shell for Accelerated Commercial Excellence Course
  • Best Unique or Innovative Learning and Development Program jointly with Royal Dutch Shell for Contracting Principles and Litigation Risks Awareness
  • Best Use of Blended Learning jointly with IQVIA for Monitoring Performance Training
  • Best Advance in Custom Content jointly with IQVIA for Consultative Selling
  • Best Advance in Custom Content jointly with Sunsuper for Key Polices
  • Best Advance in Custom Content jointly with Rio Tinto for Gove Operations General Induction
  • Best Use of Virtual Worlds for Learning jointly with Sanofi for Virtual Gowning VR Simulation
  • Best Program for Sales Training and Performance jointly with Pitney Bowes for Challenger Sales Integration

The winners are listed at https://www.brandonhall.com/excellenceawards/past-winners.php

 "Organizations around the world highly value Brandon Hall Group Excellence Awards – so much so that we received a record number of applications in the middle of a global pandemic," said Rachel Cooke, Brandon Hall Group COO, and leader of the HCM Excellence Awards Program. "The awards provide valuable recognition and validation of best practices in all areas of HCM at a time when they have never been more important to both employers and employees."

Award entries are evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts and executives based upon the following criteria: fit the need, design of the program, functionality, innovation and overall measurable benefits. 

Excellence Award winners will be honored at Brandon Hall Group's annual HCM Excellence Conference, January 26-28, 2021 at the Hilton West Palm Beach, Florida.

"We are honored to be named as one of the top winners by earning 30 Brandon Hall Excellence awards jointly with our customers. These esteemed awards are a testament to excellence in learning and talent development. We consistently aim to keep winning the trust and confidence of our customers through innovative strategies and transformative business results," said DJ Chadha, EVP & Global Head, LDO, Content Design & Development at NIIT's Corporate Learning Group.

About Brandon Hall Group

Brandon Hall Group is the world's only professional-development company that provides data, research, insights and certification to Learning and Talent professionals and organizations. The best companies in the world rely on Brandon Hall Group to help create future-proof employee-development plans for the new era of work and management.

For more than 27 years, BHG empowers, recognizes and certifies excellence in organizations throughout the world, driving the development of more than 10,000,000 employees and executives. Our annual HCM Excellence Awards program was the first to recognize and celebrate organizations for learning and talent, and as the industry's gold standard is known as the "Academy Awards of Human Capital Management."

Brandon Hall Group's cloud-based platform delivers evidence-based insights in Learning and Development, Talent Management, Leadership Development, Diversity and Inclusion, Talent Acquisition and HR/Workforce Management for corporate organizations and HCM solution providers.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in 30 countries. NIIT has two main lines of business across the globe- Corporate Learning Group and the Skills and Careers Group.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Australia. Our comprehensive suite of Managed Training Services includes custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services. With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realize measurable value, benefit from rock-solid operations, and increase business impact.

Visit us at www.niit.com or write to us at businessimpact@niit.com. Follow us on twitter @NIITMTS.

For more information, visit www.niit.com


For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

08India8/28/2020Yes202008726082020/india/training/newsroom/PublishingImages/Brandon%20Hall%20image.jpg

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has earned 30 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The awards include prestigious honors for its Eagle Productivity Solutions and StackRoute divisions.

  

 

-  Industry leaders come together to applaud Mr Pawar’s contribution to the IT sector over past 40 years

 -  Special Webinar on ‘40 Years of ICT Industry and the Next 10 Years’ by Dataquest

New Delhi, 20th August 2020: Rajendra S Pawar, Chairman & Co-Founder, NIIT Group & Founder, NIIT University was felicitated with the 'Lifetime Achievement Award' at Dataquest ICT Awards 2019 on 18th August 2020. The award was presented during a Special Webinar on '40 Years of ICT Industry and the Next 10 Years'. 

At the Dataquest ICT Conference & Awards 2019, Mr Pawar was felicitated with the award for his immense contribution in shaping the growth of the Indian IT sector. Awarded with the country's prestigious civilian honour, Padma Bhushan, by the President of India in 2011, Mr Pawar has played a leadership role in nurturing NIIT into a leading Global Talent Development Corporation.   

Under his leadership, NIIT has been instrumental in shaping the growth of the Indian IT sector, by creating skilled manpower to drive its momentum. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. Having revolutionized the IT Training industry, Mr. Pawar is now involved in establishing an innovative model in Higher Education, the not-for-profit NIIT University.

R.S.Pawar

On receiving the award Rajendra S Pawar, Chairman & Co-Founder, NIIT Group & Founder, NIIT University said, "Among the dark clouds of Covid, this award is a silver lining. Thanks to Cybermedia's special way of celebrating through a digital platform, it has become possible for me to reach many of my mentors, colleagues, relatives and friends. I receive this award on behalf of NIIT leaders including Vijay Thadani, P Rajendran and Arvind Thakur, as well as thousands of colleagues of the NIIT family, NIITians of the past and NIITians of the present who put Organization Building above all else". 

The key highlight of the award ceremony was the panel discussion on '40 Years of ICT Industry and the Next 10 Years'. The panel comprised of eminent leaders from the IT industry including Arjun Malhotra, Chairman of Jury, Co-Founder HCL; CP Gurnani, Member of Jury, CEO Tech Mahindra; Rajendra S Pawar, Chairman & Co-Founder, NIIT Group & Founder, NIIT University; the session was moderated by Pradeep Gupta, Chairman, CyberMedia Group.

Chandrasekaran

Congratulating Mr Pawar on the achievement, N. Chandrasekaran, Chairman, The Tata Group, "Raji is a true pioneer. He is a true educationist at heart. He helped shape the IT policy in India and around the world. His contribution to education, the IT industry and the nation is enormous. He is a role model for many young entrepreneurs, teaching them to take a premise, build on it and bring it into reality". 

Watch here: https://www.youtube.com/watch?v=wuJk8MxeQAA&list 

C.P.Gurani

C.P. Gurnani, CEO and MD, Tech Mahindra said, "The best of Raji is yet to come and we want to be there as cheerleaders".

Karan Singh

"Rajendra Pawar set up NIIT University a few years ago and wanted me to be its Chancellor, and I agreed. It was a green field university, there was nothing there at all. But in ten years, I saw the way the University came up, bit-by-bit, little-by-little. Every year when I went, I could see the new construction. Under the guidance of Rajendra Pawar and his excellent team of technologists and intellectuals, this has become one of the very visible technological universities of the world. Raji has made many contributions—through NIIT, and through the University—to the tech scene. I hope he goes from strength-to-strength" said Dr. Karan Singh, former Chairperson, NIIT University and former Member of Parliament.

Watch here: https://www.youtube.com/watch?v=rxqyDiNzL5M&list

Viswanathan

Viswanathan Anand, five time World Chess Champion and former NIIT Brand Ambassador said, "The first thing that I noticed about Raji was his passion for education in overcoming the Digital Divide. For him computers were not only about IT, they were about education. I remember in 2000 he had a conversation with the President of the World Chess Federation who mentioned that in his region they had introduced Chess in schools and it had produced much better academic outcomes for his students. And Raji's eyes lit up. Within a year we launched the MindChampion's Academy and quite a few champions have emerged from it".

Watch here: https://www.youtube.com/watch?v=YccfpIx1JBE&list

Debjani Gosh

"Raji you have been a friend, philosopher and guide to NASSCOM. You have been part of our Executive Council, and the past Chairman of NASSCOM. Even today, you continue to find time for us as Chairman of the Data Security Council of India. Raji your contributions and insights are always invaluable. The ability to get into the depth of specific subjects, your attention to detail and the willingness with which you make yourself available whenever we need you, means a lot to us", said Debjani Ghosh, President, NASSCOM.

Watch Here: https://www.youtube.com/watch?v=LHWRJHN0zBo&list

Rishad Premji

Rishad Premji, Chairman, Wipro Limited, "Thank you Raji for giving me the opportunity to share in your success on this celebratory milestone. Congratulations on your successful run for these many decades, for the things you have done for the education industry, the technology industry, and NASSCOM. It's been a real pleasure to get to know you and engage with you over these last many years. I hope you go from strength to strength and I wish you all the best".

Watch Here: https://www.youtube.com/watch?v=gwL8RcQTm1k&list 

The Dataquest ICT Awards, the "The Oscars of Indian ICT", have been commemorating, since 26 years, noteworthy contributions to the Indian ICT Industry. CyberMedia, through the Dataquest ICT Awards, aims at acknowledging and celebrating industry leaders who have changed the course of the Indian IT industry, and enabled the country to witness new heights. 

Pradeep Gupta

"We are very happy and proud to confer the 'Dataquest Lifetime Achievement Award 2019' on Rajendra Pawar, Chairman & Co-Founder NIIT, and Founder, NIIT University. His pioneering vision has been an inspiration for the entire ICT Industry in India and has given back so much to our country and the society at large. His achievements and initiatives will always be a guiding force for the ICT industry", said Pradeep Gupta, CMD, CyberMedia.


About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business(SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. 

NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Interestingly, NIIT received the Dataquest 'Top IT Training Company Award' for 20 years in succession, since the inception of this award category. In 2014, when it received its 20th award, and competition seemed non-existent, and it agreed to the removal of the awards category itself.

 

For media queries, please contact:

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Visit us at: www.niit.com

08India8/20/2020Yes202008725082020/india/training/newsroom/PublishingImages/Rajendra%20S%20Pawar%20felicitated%20by%20Dataquest.png

Rajendra S Pawar, Chairman & Co-Founder, NIIT Group & Founder, NIIT University was felicitated with the 'Lifetime Achievement Award' at Dataquest ICT Awards 2019 on 18th August 2020. The award was presented during a Special Webinar on '40 Years of ICT Industry and the Next 10 Years'.

  


  • Revenue recorded at Rs. 201.8 Cr, PAT at Rs. 29.0 Cr.
  • EBITDA margin recovers to 12.1% after a sharp decline in Q4
  • CLG records revenue growth of 17% YoY with EBITDA margin of 17%
  • Adds 3 new MTS logos, taking revenue visibility to $263 Mn
     

NIIT Limited

Consolidated Financials for Quarter ended June 30, 2020

(in Rs. Crore)

Quarter ended

June 30, 2020

Quarter ended

March 31, 2020

QoQ change

Quarter ended

June 30, 2019

YoY change
Net Revenue201.8211.2 -4%201.8 -
EBITDA24.33.1+21.2 Cr.24.3-
EBITDA %12.1%1.5%1059 bps12.0%2 bps
Profit After Tax29.00.6+28.4 Cr.-1.5*+30.5 Cr.

*On a like to like basis, after excluding one-time capital gain on divestment in Q1 FY20 

New Delhi, July 31, 2020: NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the first quarter ending June 30, 2020.  During the quarter, the company recorded a Net Revenue of Rs. 201.8 Cr. EBITDA was Rs. 24.3 Cr. and the EBITDA margin stood at 12.1%. Profit After Tax was recorded at Rs. 29 Cr.

The results were taken on record at the meeting of the Board of Directors held today.

Speaking on the occasion, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "Agile and decisive actions on strategy and cost control helped the company to garner new revenue opportunities and recover profitability which had declined sharply in the previous quarter."

Corporate Learning Group (CLG) recorded net revenue of Rs. 178.5 Cr, up 17% YoY. CLG added 3 new managed training services contracts (Including 2 Lifesciences customers and 1 Global Leader in Social Media) and expanded its relationship with one existing client. The number of MTS customer tally stands at 55 and Revenue Visibility at the end of the quarter was at $ 263 million.

During the quarter NIIT extended its partnership with a leading global clinical research and Human Data Sciences company for another five years. NIIT will continue to provide a full range of managed learning services, covering training delivery, consultancy, and content design and development. 

Commenting on the Quarter, Sapnesh Lalla, CEO, NIIT Ltd. said, "In spite of the pandemic, our customers continue to repose their faith in NIIT, as we continue to see high deal velocity and renewals with a strong and healthy pipeline."

During the quarter, NIIT ranked among the Top 20 Training Outsourcing Companies, 2020. NIIT has been ranked amongst Top 20 for thirteen consecutive years. 

Skills & Careers Group (SNC) recorded net revenue of Rs. 23.3 Cr during Q1. The India business growth for the quarter was driven by NIIT digital platform and StackRoute business. SNC has transitioned its customers to the NIIT Digital platform and through this, learners are able to access their learning plans and all associated content and services digitally. 

During the quarter NIIT announced that it has specially designed and launched the NIIT 'Remote Work Excellence Kit' course to support India's fight against COVID-19. StackRouteTM, an NIIT venture announced the launch of 'Post Graduate Program in Full Stack Product Engineering' for fresh engineering graduates and young professionals.

For the quarter, NIIT also announced virtual 'FutureReady Fest', an initiative to encourage students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. 

NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category.  

For Media queries please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Investors may contact: 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com 

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd



07India7/31/2020Yes202007724072020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the first quarter ending June 30, 2020.  During the quarter, the company recorded a Net Revenue of Rs. 201.8 Cr. EBITDA was Rs. 24.3 Cr. and the EBITDA margin stood at 12.1%. Profit After Tax was recorded at Rs. 29 Cr.

  


-  The virtual #FutureReady Fest will deliver exclusive webinars and panel discussions on latest trends in IT, BFSI, Digital marketing and data analytics

 -  To offer free courses and online classes for trending programmes

New Delhi, July 06, 2020: NIIT Limited, a global leader in Skills and Talent Development, announced virtual 'FutureReady Fest', an initiative to encourage students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum.

NIIT  will organize virtual sessions on NIIT Digital, it's online platform for students nationally, wherein industry experts will deliver sessions on new age career programmes including Full Stack Java Programming, Digital Marketing and Branding, Python Programming and Data Exploration in Python, Programme in Banking & Finance, amongst others.

During the virtual #FutureReady Fest, NIIT will also organize expert webinar sessions on trending topics  including - Compliance mindset for Banking, Careers in Market research, Visual Thinking, Resume Building, SDLC Lifecycle, to help students get a peek into the careers of the future. 

Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "Having received enormous positive feedback from aspiring professionals and industry on our 'Future Ready Talent' initiative over the last 12 months, we are now providing the courses virtually, through NIIT Digital platform. Through this initiative we aim to deliver aspirational career programs for the students, matching the future-ready talent requirements of the industry."

According to the Future of Jobs Report (World Economic Forum), jobs in digital technology will grow from 17 % in 2018 to 33 % in 2022. Estimates have indicated that 75 million jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to this model. This demonstrates a huge requirement of skilled employees for futuristic industry 4.0 job roles.

Under the initiative NIIT is offering free Micro Programme on Digital Marketing & Branding, Information Technology, Banking and Finance, and Accounts and Analytics. These are short term programs, delivered by industry experts. 

The duration of each program varies from course to course. Students can visit the www.niit.com/india/Future-Ready-Fest/ to apply for the programmes. The students will receive a participation certificate after the completion of the course. 

NIIT's 'Future Ready Talent' is an initiative where seminars are held nationally along with Industry deliberations & conferences. Successful leaders from diverse fields shared their experiences with the students, educating them about the importance of new-age future ready careers, as also deliberating what it will take for aspiring professionals to be Future Ready.

 

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. 

NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category.

 

For media queries, please contact:

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 

Visit us at: www.niit.com

07India7/6/2020Yes202007723072020/india/training/newsroom/PublishingImages/NIIT%20announces%20virtual%20FutureReady%20Fest.jpg

NIIT Limited, a global leader in Skills and Talent Development, announced virtual 'FutureReady Fest', an initiative to encourage students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum.

  


New Delhi/ Atlanta, GA, June 9, 2020: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has extended its partnership with Rio Tinto, the leading global mining group for another five years.

NIIT began its relationship with Rio Tinto in 2014 and will continue to provide a full range of managed learning services, covering event management, learning administration, consultancy, on-site support, content design and development and technology services, to support Rio Tinto's learning and business imperatives across its global sites and offices.

Rio Tinto (ASX: RIO, LON: RIO) is a leading global mining and refining group, operating in 36 countries with 47,000 employees and sales of $43 billion, producing materials essential to human progress.

"We truly value our partnership with Rio Tinto and are very excited that our partnership has been extended for another five years. We look forward to providing increased value and innovation over the coming years," said Sailesh Lalla, Executive Vice President, Business Development at NIIT's Corporate Learning Group.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 30 countries. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business.

NIIT's Corporate Learning Group (CLG) offers a comprehensive suite of Managed Training Services including custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology, and advisory services. With a prolific team of experienced learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D and  demonstrably improve learning effectiveness and efficiency to create transformative business impact.

 

For more information, visit www.niit.com

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

06India6/9/2020Yes202006722062020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has extended its partnership with Rio Tinto, the leading global mining group for another five years.

  


  • FY20 PAT recorded at Rs. 1327.5 Cr including gains on divestment of stake in NIIT Tech
  • FY20 Revenue at Rs. 889.2 Cr, up 3% YoY with EBITDA margin at 10%
  • Corporate Learning Group (CLG) grows 10 % YoY during Q4
  • Adds 14 MTS (Managed Training Services) customers in FY20, taking the revenue visibility to $263 Mn
  • Accelerates transformation for the next stage of growth through 'NIIT Digital'
  • Board recommends 100% Dividend at Rs. 2 per share 

     

New Delhi, June 04, 2020: NIIT Limited, a global leader in skills and talent development, today reported its results for FY20 and fourth quarter ending March 31, 2020. 

Financial Year 2019- 20 highlights:

NIIT Limited : Consolidated Financials for Year ended March 31, 2020
(in Rs. Crores)

Year ended

March 31, 2020

Year ended

March 31, 2019

 

YoY growth

Net Revenue889.2865.33%
Profit After Tax1327.586.41436%

  

Quarter 4 FY20 highlights:

NIIT Limited : Consolidated Financials for Quarter ended March 31, 2020
(in Rs. Crores)

Quarter ended

March 31, 2020

Quarter ended

March 31, 2019

 

YoY growth

Net Revenue211.2219.2(4%)
Profit After Tax0.623.2(97%)

 

For the full year, the Company's Net Revenue stood at Rs. 889.2 Cr, up 3% YoY, EBITDA margin was recorded at 10% and the Profit After Tax was Rs. 1327.5 Cr.

During Quarter 4, the company recorded a Net Revenue of Rs. 211.2 Cr, and a Profit After Tax of Rs. 0.6 Cr. The Board noted that despite rapid and decisive actions by management, to counter the unprecedented impact of the pandemic, the financial results remained muted for the Quarter.

The Board also noted the strong liquidity position of the Company, and Cash balance of Rs. 1208.8 Cr at the end of the financial year.

The results for FY20 were taken on record at the meeting of the Board of Directors today. The Board recommended a final Dividend of Rs. 2 per share (100% of face value of Rs. 2 per share). This follows an interim Dividend of Rs. 8 per share declared in February, 2020.

Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said "Agile response and decisive strategic actions, resulted in containment of adverse effect and yet enabled the organisation to leverage the massive digital learning opportunity, through NIIT Digital."


Business Highlights:

Corporate Learning Group (CLG) recorded revenues of Rs. 175.4 Cr, up 10% YoY during Q4. It signed 5 new MTS contracts in Q4, taking the total number of MTS customers to 54. 

Full year revenue for CLG was recorded at Rs. 691.3 Cr, up 9 % YoY on a constant currency. Revenue visibility stood at $263 Mn up 8% YoY. CLG signed 14 new MTS contracts during the year. 

During the quarter, in response to the COVID-19 pandemic, NIIT developed a set of actionable roadmaps, toolkits and packaged services to help Learning and Development (L&D) organizations minimize the disruption caused due to the accelerating impact of the crisis.

It launched 3 new products – Digital Assessment Services, Virtual Selling Skills, and Rapid Portfolio Digitalization. These products are designed to help L&D organizations take control and minimize disruption for the here and now and jumpstart digital transformation for a sustainable future.

In FY20, NIIT earned 37 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The company was named a top winner for 2019.

Mr. Sapnesh Lalla, CEO, NIIT Ltd. said, "Since the latter part of Q4, the world has been facing an incredibly difficult situation due to the pandemic. I am proud of our teams, who worked round the clock to fully transform our offerings to the Digital mode in a matter of days. With Digital Learning becoming central, the resourcefulness and flexibility exhibited by NIITians has enabled us to service the changing needs of our customers and learners in these uncertain times.

During the year, Corporate Learning Group added 14 new MTS customers and the revenue visibility stood at $263 Mn up 8% YoY."

"Our technology based offerings such as NIIT Digital and Stackroute, have performed well in the financial year and are geared to serve the requirements of customers in the Covid-19 impacted world", added Mr. Lalla.

Skills & Careers Business (SNC) recorded Q4 net revenue of Rs. 35.8 Cr.  For the full year, SNC recorded net revenue of Rs. 197.9 Cr. 

To ensure seamless delivery continuity during the period of high uncertainty, towards the end of Quarter 4, SNC transitioned its customers to the NIIT Digital platform. Through NIIT Digital, learners are able to access their learning plans and all associated content and services through an intuitive dashboard on connected Desktops/ Tabs/ Smartphones. They are able to attend LIVE Instructor-led classes by some of the best NIIT instructors, view recorded sessions, take quizzes, and interact with their instructors & peers, in addition to a host of other features. 

NIIT launched the 'Remote Work Excellence Kit' course to support India's fight against COVID-19. The online course has been made available absolutely free, to help facilitate remote working for adults. 

StackRoute, launched 'Post Graduate Program in Full Stack Product Engineering' for fresh engineering graduates and young professionals. This is a remotely delivered virtual program, which transforms fresh engineering graduates into multi-skilled full stack product engineers, who are day one ready for live projects/product development. 

During the Quarter, SNC added 2 large customers including a leading private bank and a global auto company. StackRoute and TPaaS (Talent Pipeline as a Service) continued to demonstrate growth during FY19-20. 

In the fiscal year, NIIT announced the #FutureReadyTalent initiative and launched Future Fests, a pan-India connect program across 50 colleges in the country. The initiative aimed towards encouraging aspiring professionals to enhance their knowledge and skills through NIIT's future ready programs. NIIT collaborated with Automation Anywhere, a global leader in robotic process automation (RPA), to deliver comprehensive RPA workshops to developers, students and IT professionals across India.

Other highlights of FY20: 

  • NIIT bagged the ASSOCHAM Education Excellence Awards 2019 as the 'Best Innovative Brand' in the Education sector
  • StackRoute won the 'Digital Transformation Learning Partner of the Year for Enterprises' award at Digital Transformation Summit & Awards
  • NIIT won seven 2019 Brandon Hall Excellence in Technology Gold awards jointly with MetLife for MetLife Distribution Academy
  • NIIT earned the Learning Technologies 2019 Gold award for the Best use of social and collaborative learning technologies jointly with MetLife.
  • NIIT ranked among the Top 20 Training Outsourcing Companies by TrainingIndustry.com 2019 for the twelfth consecutive year
  • NIIT named to 2019 Training Industry Top 20™ Companies in Content Development List for the ninth consecutive year
  • NIIT has been ranked among the 2019 Training Industry Top 20™ IT Training Companies by TrainingIndustry.com 2019.
  • NIIT was selected as a 2019 Top 20 Gamification Company for the sixth consecutive year by TrainingIndustry.com.
  • NIIT was accredited and listed among the Top 20 Highest-Performing Learning Providers 2019 by the Learning and Performance Institute, UK
  • NIIT was identified as a "Leader" in NelsonHall's NEAT vendor evaluation for Learning BPS, 2019
  • NIIT held the 3rd India edition of its international customer conference - NIIT Confluence – in Goa from November 13-15, 2019
  • NIIT won the 'Vocational & Skill Development Training Institute' award under Education Category at the 17th Franchise Awards 2019

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has two main lines of business across the globe – Corporate Learning Group and Skills & Careers Business.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Retail Sales Enablement, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As online and remote learning becomes mainstream, the robust NIIT Digital platform connects the corporate and individual learners seamlessly and provides an environment for improving learning effectiveness and efficiency. 

NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. 

For Media queries please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Investors may contact: 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd



06India6/4/2020Yes202006721062020/india/training/newsroom/PublishingImages/NSL2020.jpg

NIIT Limited, a global leader in skills and talent development, today reported its results for FY20 and fourth quarter ending March 31, 2020.

  

New Delhi /Atlanta, GA, June 02, 2020: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced that William V. West  (Bill) and his accomplished team of digital reality professionals from Regatta VR will join NIIT (USA), Inc., effective June 1, 2020. The addition of Bill and his team strengthens NIIT's Digital Reality and Immersive Learning Solutions practice.

As part of his new role at NIIT, Bill will be responsible for scaling up NIIT's Digital Reality and Immersive Learning Solutions practice (including VR, AR, 360 Video, Real-time 3D) and bringing innovative solutions to NIIT's Fortune and Global 500 customers. Bill and his team offer a unique combination of thought leadership, skills, and mastery in virtual reality training to impact organizations across industries by facilitating empathy and behavioral change through commercial grade learning solutions.  "VR may have the largest impact on e-learning since the mobile phone. We now have the ability to reach levels of performance that were not previously possible, to drive real behavioral change," says Bill. VR training solutions transport learners into worlds that allow for a new level of immersion and visceral user experience through sophisticated techniques that generate authentic context in a way that traditional training cannot.

NIIT has a strong presence in the digital reality immersive learning space including Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR). NIIT's team of accomplished Triple-A gaming professionals develop award-winning immersive learning solutions in digital reality studios at Chicago, IL, Sheffield, United Kingdom, and Mumbai, India for Fortune and Global 500 companies worldwide. NIIT will expand both its capability and market presence in digital reality with this appointment.

Bill West has been involved in EdTech for over 30 years and is regarded as a thought leader in the e-learning industry and immersive digital reality learning space. He has been a successful entrepreneur who has founded four EdTech companies. He has earned numerous industry awards including five Inc. 5000 awards and has been featured on 60 Minutes. He founded Regatta VR in 2018, cited as one of top four VR companies by Forbes magazine.

"We are really excited to have Bill and his team on board. His expertise and leadership will greatly augment NIIT's Digital Reality practice and capabilities. For many of our key customers, AR/VR solutions are already at the core of their learning strategy. We believe that immersive AR/VR solutions will form the backbone of deep skilling in the future and this is an area of continued focus and investment for NIIT," said DJ Chadha, Executive Vice President and Global Head of Learning Operations, Content and Delivery at NIIT.

"This strategic union will enable the Regatta team to reach its potential while building NIIT's preeminent position as a digital realities leader in EdTech. NIIT brings strong lineage, infrastructure, and leadership and we share a common philosophical view of performance development. This is a natural fit for us, and I look forward to supporting the expansion of digital reality throughout corporate, academic, and government organizations," said Bill West.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 30 countries. NIIT has three main lines of business across the globe - Corporate Learning Group, Skills and Careers Group, and School Learning Group.

NIIT's Corporate Learning Group (CLG) offers a comprehensive suite of Managed Training Services including custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology, and advisory services. With a prolific team of experienced learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D and  demonstrably improve learning effectiveness and efficiency to create transformative business impact. 


For more information, visit www.niit.com

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

06India6/2/2020Yes202006720062020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced that William V. West  (Bill) and his accomplished team of digital reality professionals from Regatta VR will join NIIT (USA), Inc., effective June 1, 2020. The addition of Bill and his team strengthens NIIT's Digital Reality and Immersive Learning Solutions practice.

  


New Delhi /Atlanta, GA, May 29, 2020: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has been named to the 2020 Top Training Companies™ by Training Industry, Inc. This is NIIT's thirteenth consecutive year of being named to this prestigious list of leading companies for the training outsourcing sector of the learning and development market. 

Training Industry, the leading research and information resource for corporate learning leaders, prepares the Training Industry Top 20 report on critical sectors of the corporate training marketplace to better inform professionals about the best and most innovative providers of training services and technologies.

Selection to the 2020 Training Industry Top 20™ Training Outsourcing Companies List was based on the following criteria:

  • Industry visibility, innovation, and impact.
  • Capability of delivering multiple types of training services.
  • Company size and growth potential.
  • Strength of clients and geographic reach.

"The 2020 Top 20 Training Outsourcing Companies are an innovative group of organizations developing, managing and delivering training initiatives that create an engaging learning experience and improve employee performance," said Ken Taylor, president of Training Industry, Inc. "These companies offer comprehensive solutions that solve business needs for organizations around the world." 

"At NIIT, our goal is to help our customers run training like a business. Through our Managed Training Services offering, we provide customers a consultative approach to training outsourcing that aligns with their business goals to demonstrably transform the learner experience and deliver tangible business impact," said Sailesh Lalla, Executive Vice President, Business Development at NIIT. 

View the 2020 Top 20 Training Outsourcing Companies and Watch List

About Training Industry, Inc.

Training Industry (https://trainingindustry.com) is the most trusted source of information on the business of learning. Our authority is built on deep ties with more than 450 expert contributors who share insights and actionable information with their peers annually. Training Industry's live events, articles, magazine, webinars, podcast, research, and reports generate more than 5 million industry interactions each year, while the Top 20 Training Companies Lists help business leaders find the right training partners. For a complimentary referral, visit https://trainingindustry.com/rfp.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 30 countries. NIIT has three main lines of business across the globe - Corporate Learning Group, Skills and Careers Group, and School Learning Group.

NIIT's Corporate Learning Group (CLG) offers a comprehensive suite of Managed Training Services including custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology, and advisory services. With a prolific team of experienced learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D and  demonstrably improve learning effectiveness and efficiency to create transformative business impact. 

For more information, visit www.niit.com

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

05India5/29/2020Yes202005719052020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has been named to the 2020 Top Training Companies™ by Training Industry, Inc. This is NIIT's thirteenth consecutive year of being named to this prestigious list of leading companies for the training outsourcing sector of the learning and development market.

  

-  Delivered through a highly interactive - StackRoute Remote platform, the program produces ‘Day One Ready’ professionals with product engineering skills and remote working capability

 -  Program will help StackRoute Industry Partners to do Just-in-Time hiring

New Delhi, May 27, 2020: StackRouteTMan NIIT venture announced the launch of 'Post Graduate Program in Full Stack Product Engineering' for fresh engineering graduates and young professionals. This is a remotely delivered virtual program, which transforms fresh engineering graduates into multi-skilled full stack product engineers, who are day one ready for live projects/product development. This is an innovative outcome based program, designed by industry practitioners with experience of building large-scale complex applications. 

This is a job-linked program and offers flexible EMI options for fee payment to the learners, which starts only after they get the job and start earning. The job interviews will be scheduled post successful completion of the program. If the learner does not secure a job after successfully completing the program, they will not have to pay EMIs. 

StackRoute creates multi-skilled and multi-disciplinary programmers who can become key members of high-performance teams in top notch product engineering companies and IT firms.  StackRoute has trained over 5000 professionals for leading Technology companies.

Speaking on the announcement Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "Having worked with leading Technology Companies, StackRoute has created a niche for itself as the go-to organisation for disruptive learning solutions amongst Tech Professionals wanting to acquire deep-skills. I am happy to launch this program, which will help produce highly skilled and 'Day One Ready' product engineers. Developed basis our deep understanding of industry requirements and the skill gap among young professionals and fresh engineering graduates, this virtual program will equip the learners to seize superior career opportunities"

The program comes with a 3-part structure that involves Programming Foundation, followed by Full Stack Programming and Product Development. The total duration of the program is 19 weeks. This is a full time program, and requires each learner to be available for 8 hours every day through virtual platforms for the entire program duration. Initially, participants work individually to learn programming languages and elements of full stack development, and later grouped into teams of six to eight people to develop, test and deploy a technology product. 

For more information about the program visit: https://www.niit.com/india/graduates/information-technology/pg-program-full-stack-product-engineering 


About StackRoute

StackRoute, an NIIT venture, is a digital transformation partner for corporates to build multi-skilled full stack developers at scale. Established in August 2015, StackRoute provides disruptive IT learning solutions on programming, quality-engineering, data-science and digital architecture. Our immersive and remote programs are practitioner-led and outcome-oriented. Geared towards imparting deep skills in digital technologies, StackRoute works with multiple tier 1 IT companies, product engineering companies, and GICs towards transforming their workforce into full stack developers who can efficiently deliver digital transformation projects with ease. 

For more information about StackRoute visit: www.stackroute.in

 

About NIIT Limited

NIIT Limited is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. 

For more information about NIIT visit: www.niit.com

 

For media queries, please contact: 

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

05India5/27/2020Yes202005718052020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

StackRouteTMan NIIT venture announced the launch of 'Post Graduate Program in Full Stack Product Engineering' for fresh engineering graduates and young professionals. This is a remotely delivered virtual program, which transforms fresh engineering graduates into multi-skilled full stack product engineers, who are day one ready for live projects/product development. 

  


New Delhi, April 9, 2020: NIIT Limited, (NSE: NIITLTD), a global leader in skills and talent development, today announced that it has specially designed and launched the NIIT 'Remote Work Excellence Kit' course to support India's fight against COVID-19. The online course has been made available absolutely free on www.niit.com/india portal and will help facilitate remote working for adults.

The Remote Work Excellence Kit is suited for corporate executives, small and medium businesspersons, and management students. The online course covers areas such as how to set up a remote office, establishing a remote presence, setting up and running virtual meetings, time management while working from home, remote business etiquettes, and also best practices derived from NIIT's experience of working with the best companies globally.

Speaking on the occasion Vijay Thadani, Vice Chairman and Managing Director, NIIT Ltd. said, "It is abundantly clear that the COVID-19 pandemic not only poses a massive health challenge, it will also lead to economic slowdown and a change in how businesses are conducted worldwide. In the immediate term, Work from Home is important to not only maintain social distancing but also as a means of keeping the economy ticking. Going forward, it has the potential to become a norm rather than an exception. I am glad that the NIIT team has been able to quickly develop this useful and timely Remote Work Excellence kit."

"As a service to our nation and to contribute to the fight against COVID-19, we have made it free for all Indian nationals", added Mr. Thadani.

Sharing his thoughts on the kit, Mr Amit Aggarwal, VP & CEO, IT-ITES Sector Skills Council, NASSCOM said, "As companies are striving for business continuity, they are doing the best to support employees. With majority of the workforce working from home, flexible, virtual work arrangements isn't all that employees need, to continue to do their jobs. They would also require some calibration & adjustments that can often pose some challenges too. NIIT's 'Remote Work Excellence Kit' is a great resource that I see will enable employees to tackle and deal with the challenges of remote working and also help manage the associated stress that come along with it." 

When the aspirants log onto the course, they also get the option to contribute to the PM CARES Fund, which is enabled through the NIIT Foundation. The PM CARES fund has been set up by the Hon'ble Prime Minister of India, Shri Narendra Modi to provide relief to the victims of the COVID-19 pandemic. We want to clarify that the people opting for the course DO NOT need to pay any course fee to NIIT to complete the course. The contribution to the PM CARES fund is also optional.

The COVID-19 pandemic is an ongoing global crisis. NIIT Limited is concerned for the victims of the disease, their families, and anyone else who is being adversely affected by this tragic outbreak. The company will continue to monitor the situation and explore options to contribute in the fight against this pandemic.


About NIIT 

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

04India4/9/2020Yes202004717042020/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, (NSE: NIITLTD), a global leader in skills and talent development, today announced that it has specially designed and launched the NIIT 'Remote Work Excellence Kitcourse to support India's fight against COVID-19. The online course has been made available absolutely free on www.niit.com/india portal and will help facilitate remote working for adults.

  


New Delhi, India /Atlanta, GA, March 26, 2020: The COVID-19 pandemic is an ongoing global crisis. NIIT Limited is first and foremost concerned for the victims of the disease, their families, and anyone else who is being adversely affected by this tragic outbreak.

As the situation continues to evolve, businesses around the world find themselves in uncharted territory as they scramble to manage through the crisis. This includes learning and development organizations who will have to make major changes in their delivery approach almost overnight.

In response to this unprecedented pandemic, NIIT Limited and its subsidiary, Eagle Productivity Solutions Inc. have developed a set of actionable roadmaps, toolkits and packaged services to help Learning and Development (L&D) organizations minimize the disruption caused due to the accelerating impact of the crisis.

These actionable plans and roadmaps have been designed to help L&D organizations take control and minimize disruption for the here and now and jumpstart digital transformation for a sustainable future.

These resources are available at http://info.niit.com/covid-19 and have been designed to help L&D organizations:

  1. STABILIZE: minimize disruption for scheduled training events in the here and now due to the abrupt implementation of work from home protocols and "social distancing"

  2. NORMALIZE: rebuild and regain control once the immediate situation is stable by getting a plan together to help organizations normalize training delivery operations for the coming months.
     
  3. EVOLVE: Sustain a digital future with a more flexible, digital learning ecosystem that is both more efficient and effective than currently prevalent models. 

"Many of our clients are worried about the mandatory training programs that are scheduled for the next few weeks. Many others are already in the midst of broader digital transformations and see this as an opportunity to accelerate the journey. NIIT's learning professionals stand ready to help L&D organizations navigate the crisis. Initially, we'll ensure that their short-term needs are covered to minimize disruption. Then, we'll help organizations build a roadmap to sustainable digital transformation," said Sapnesh Lalla, CEO, NIIT Limited.

Visit  http://info.niit.com/covid-19  for more information.

NIIT's goal is to minimize any disruptions to scheduled work, training and deliverables to meet customer requirements, while ensuring the health and safety of its employees. To facilitate this, NIIT Limited has already enabled a work from home protocol for its employees. The company has also invoked business continuity management protocols for all customers and will continue to monitor the evolving pandemic situation and take necessary steps to ensure minimal disruption of scheduled customer deliverables.

About NIIT

Established in 1981, NIIT Limited, a global leader in Skills and Talent Development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 30 countries. NIIT has three main lines of business across the globe- Corporate Learning Group, Skills and Careers Group, and School Learning Group.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. Our comprehensive suite of Managed Training Services includes custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services. With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realize measurable value, benefit from rock-solid operations, and increase business impact.


Visit us at www.niit.com or write to us at businessimpact@niit.com. Follow us on twitter @NIITMTS

For more information, visit www.niit.com

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

03India3/26/2020Yes202003716032020/india/training/newsroom/PublishingImages/press_release_COVID_India.jpg

The COVID-19 pandemic is an ongoing global crisis. NIIT Limited is first and foremost concerned for the victims of the disease, their families, and anyone else who is being adversely affected by this tragic outbreak.

  


  • PAT grows 40% YoY, at Rs. 27.1 Cr; EPS up 65% YoY
  • Records Net Revenue at Rs. 247.6 Cr, up 10% YoY
  • EBITDA up 10% YoY at Rs. 24.6 Cr
  • Corporate Learning Group (CLG) grows 17% YoY
  • CLG adds 2 new MTS customers; CLG revenue visibility grows to $265 Mn up 4% YoY 

 

NIIT Limited

Consolidated Financials for Quarter ended December 31, 2019  

(in Rs. Crore)

Quarter ended

December 31, 2019  

Quarter ended

December 31, 2018  

YoY change
Net Revenue247.6225.510%
EBITDA24.622.410%
Profit After Tax27.119.440%

 

New Delhi, February 05, 2020: NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the third quarter ending December 31, 2019. During the quarter, the company recorded a Profit After Tax of Rs. 27.1 Cr, up 40% YoY and Net Revenue of Rs. 247.6 Cr, up 10% YoY. EBITDA was recorded at Rs. 24.6 Cr, up 10% YoY. Operating Margin stood at 10%. 

The results were taken on record at the meeting of the Board of Directors held today. 

Speaking on the company's performance, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "During the quarter, NIIT delivered strong Profit After Tax of Rs. 27.1 Cr, up 40% YoY, backed by a robust growth of 17% YoY in Corporate Learning Group."

Corporate Learning Group (CLG) recorded net revenue of Rs. 189.5 Cr up 17% YoY. It added 2 new Managed Training Services (MTS) customer in Q3. 

Commenting on the quarter performance, Sapnesh Lalla, CEO, NIIT Ltd. said, "Corporate Learning Group acquired 2 new MTS customers, resulting in an increased revenue visibility of $265 Mn. Our key initiatives in India, StackRoute and TPaaS combined grew 11% YoY."

 

Skills & Careers Group (SNC) recorded net revenue of Rs. 54.4 Cr during Q3. 

NIIT held the 3rd India edition of its international customer conference - NIIT Confluence – in Goa from November 13-15, 2019. Based on the theme 'Performance Matters - The Role of Learning in Transformative Growth', Confluence India attracted widespread participation from thought leaders and CHROs in the space of Learning & Development from organisations like - INDwealth, Reliance Industries, Reliance Jio, Vodafone Idea, IBM, Capgemini, KPMG, ICICI Bank, Yes Bank, CGI, Wipro Digital, Infosys, Cognizant, JP Morgan Chase & Co., and Automation Anywhere.

Share buyback update

During the quarter, the company completed buyback of 2.68 crore equity shares after approval from the shareholders of the company at Rs. 125 per share, representing approximately 16% of the total paid up equity share capital for an aggregate amount of Rs. 335 crore, exclusive of taxes. 

Other highlights: 

  • NIIT won the 'Vocational & Skill Development Training Institute' award under Education Category at the 17th Franchise Awards 2019
  • NIIT earned 37 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The company was named a top winner for 2019
  • NIIT bagged seven 2019 Brandon Hall Excellence in Technology Gold awards jointly with MetLife for MetLife Distribution Academy
  • NIIT was accredited by the Learning & Performance Institute, UK

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. 

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

For Media queries please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Investors may contact:

 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

02India2/5/2020Yes202002711022020/india/training/newsroom/PublishingImages/Q3%20results.jpg

NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the third quarter ending December 31, 2019. During the quarter, the company recorded a Profit After Tax of Rs. 27.1 Cr, up 40% YoY and Net Revenue of Rs. 247.6 Cr, up 10% YoY. EBITDA was recorded at Rs. 24.6 Cr, up 10% YoY. Operating Margin stood at 10%. 

  


                 -  To extend its Future Ready Talent initiative by reaching out to 50 colleges nationally

New Delhi, November 26 2019: NIIT Limited, a global leader in Skills and Talent Development, announced 'FutureFest', an initiative to encourage college students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum. NIIT will organize career fests nationally across 50 colleges in India wherein experts will reach out to 25,000 students, educating them about the importance of future ready careers.

During the college fests, NIIT will organize career counselling, expert talks, music concerts, and a few fun activities across the campus to help students get a peek into the careers of the future.

Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "Having received a positive feedback from aspiring professionals and industry on our 'Future Ready Talent' initiative, we are now extending it to colleges across India. Through this initiative we aim to expose graduating students and aspiring professionals to new possibilities and help them build successful careers. For it is important for students to realise that to be successful in today's fast-paced economy, they require the right set of skills along with their degree."

According to the Future of Jobs Report (World Economic Forum), jobs in digital technology will grow from 17 % in 2018 to 33 % in 2022. Estimates have indicated that 75 million jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to this model. This demonstrates a huge requirement of skilled employees for futuristic industry 4.0 job roles.

Towards this, NIIT offers new age programs in Digital Marketing and Branding, Data Analytics, Full Stack Software Engineering, Banking and Finance and Accounting & Business Analytics.

NIIT's 'Future Ready Talent' is a recent initiative where seminars were held nationally across 26 centres in India, along with Industry deliberations & conferences. Successful leaders from diverse fields shared their experiences with the students, educating them about the importance of new-age future ready careers, as also deliberating what it will take for aspiring professionals to be Future Ready.


About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.  As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Sr. Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd 

11India11/26/2019Yes201911710112019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global leader in Skills and Talent Development, announced 'FutureFest', an initiative to encourage college students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum. 

  


-  To prepare graduates and finance professionals for 'Finance of the future'

New Delhi, November 14, 2019: KPMG in India, a leading professional services firm and NIIT Limited, a global leader in Skills and Talent Development, have entered into an exclusive partnership to launch the KPMG NIIT Finance Academy in India for building skills and talent for Finance of the Future.  This was announced on the side-lines of Confluence 2019, NIIT's annual customer conference, tailor-made for leaders to come together, connect, and collaborate to discuss the role of learning in driving transformative growth in the wake of digital disruption faced by businesses across the world.

Designed as a centre for future skills in finance, the Academy will offer futuristic programs in finance to fresh graduates and experienced finance professionals to address the changing talent requirements that evolving business models, regulatory changes and new-age technologies are bringing forth as they drive both disruption and transformation in the finance function.  

As per KPMG International's recently released 'Future Ready Finance Survey 2019 – Learn what high-performing organizations are doing differently', one of the top 5 goals and initiatives is to 'Invest in and enhance finance talent and skills'. Further, 78% of surveyed Finance executives expect automation to significantly impact its workforce by liberating staff from spending time on manual processes and freeing them to focus on higher value-added activities. As per this survey report, in addition to traditional finance competencies, future finance teams will require process management and exceptional management skills to administer digitally enabled processes,  digital finance experts and data scientists to analyse internal and external data to provide critical insights to the business.

This indicates that the finance function across organizations and geographies is experiencing an increasing skills gap as most of these future oriented skills are in short supply and high demand. To this end, the finance academy jointly set up by KPMG in India and NIIT has designed programs to cater to the future-ready talent requirements for the industry.

Sai Venkateshwaran, Partner and Head of CFO Advisory at KPMG in India and Global Lead for Smart Digital Finance, said, "The finance workforce of the future will need well rounded finance technical skills combined with data utilisation and technology skills and broader behavioural skills.  We believe that this finance academy will help address a critical component on talent and skills that forms part of the finance transformation journeys of all large organisations in India."

Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "At NIIT, we have been working with the industry and the student community for over three decades and have a keen understanding of the changing workforce requirements brought in by digital disruption. Therefore, we are delighted to partner with KPMG in India, one of the leading providers of risk, financial services and business advisory, to offer futuristic programs in Finance to fresh graduates and finance professionals. Together we hope to bridge the skill gap that the industry is currently faced with."

Karan Marwah – Partner and head of the KPMG Academy at KPMG in India, said, "Changes in the way businesses operate and are governed by evolving regulations and rapid advancement in technology are disrupting the finance function, leading to the automation of traditional financial tasks like bookkeeping, financial analysis and forecasting. With the launch of this finance academy we are confident of creating a large pool of industry-ready talent who are ready to meet the needs of the finance functions of the future."

The Academy will primarily offer four programs: a program for fresh graduates who aspire for a career in finance; a similar program to help companies in on-boarding fresh talent; an intermediate program for companies to upskill and reskill mid-level finance executives and an advanced program that will help companies to upskill and reskill experienced finance professionals.

In addition, the learners from the graduate program will get placement opportunities for finance and accounting roles with some of the biggest companies operating in the country.

Amit Roy, Chief Financial Officer, NIIT said "The role of a finance professional today has shifted from crunching numbers and recording transactions to applying the latest technologies and skills to derive business insights. Towards this, the finance academy jointly launched by KPMG in India and NIIT will offer futuristic programs in finance to help graduates and working professionals in bridging the skills gap."

All programs of this finance academy will be taught by qualified and experienced finance faculty. Apart from the regular faculty, all the programs will have guest lectures by finance industry experts who will familiarize the participants with the latest industry trends. The academy will be located at NIIT's Gurgaon centre and most of the classes will be conducted there. However, based on client requests, some B2B programs may be conducted at client locations. The Academy will also offer customized modular programs for companies as per their requirement.

About KPMG in India

KPMG in India, a professional services firm, is the Indian member firm affiliated with KPMG International and was established in September 1993. Our professionals leverage the global network of firms, providing detailed knowledge of local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG in India offers services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focussed and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

www.kpmg.com/in  

For details on KPMG Academy please click on this weblink.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

Visit us at: www.niit.com

 

 

For Media queries please contact

NIIT Ltd.

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

KPMG in India 

Vidya Mohan

Director, Corporate Communications

Phone: (Cell) +91 9820770846

(Dir) +91 22 30901562

Email: vidyamohan@kpmg.com



11India11/13/2019Yes201911709112019/india/training/newsroom/PublishingImages/KPMG.JPG

KPMG in India, a leading professional services firm and NIIT Limited, a global leader in Skills and Talent Development, have entered into an exclusive partnership to launch the KPMG NIIT Finance Academy in India for building skills and talent for Finance of the Future.  This was announced on the side-lines of Confluence 2019, NIIT's annual customer conference, tailor-made for leaders to come together, connect, and collaborate to discuss the role of learning in driving transformative growth in the wake of digital disruption faced by businesses across the world.

  
  • Profit After Tax recorded at Rs. 209.3 Cr
  • Corporate Learning Group (CLG) records revenue visibility of US$ 250 Mn, up 11% YoY; Managed Training Services (MTS) customer tally at 51
  • Real Estate Council of Ontario (RECO) program launched as scheduled in September

NIIT Limited

Consolidated Financials for Quarter ended September 30, 2019 *

(in Rs. Crore)

Quarter ended

September 30, 2019*

Quarter ended

September 30, 2018*

YoY change
Net Revenue236.52265%
EBITDA25.4246%
Profit After Tax209.325.9+ 183.4
*Financials for previous period have been reclassified as per accounting standards

 

New Delhi, October 24, 2019: NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the second quarter ending September 30, 2019. During the quarter, the company recorded a Net Revenue of Rs. 236.5 Cr. up 5% YoY; EBITDA was recorded at Rs. 25.4 Cr and Operating Margin at 11%. Profit After Tax was recorded at Rs. 209.3 Cr. This includes impact of reversal of tax provision pursuant to recent changes in income tax law, primarily related to divestment of shareholding in NIIT Technologies Limited.

The results were taken on record at the meeting of the Board of Directors held today.

Speaking on the company's performance during the quarter, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "Continued improvement in performance of go forward business is a confirmation of the opportunity NIIT is pursuing and the strength of its value proposition. We also welcome the new tax structure proposed by the Finance Minister and have embraced the lower tax rate."

Corporate Learning Group (CLG) recorded net revenue of Rs. 174 Cr up 8% YoY. It added 2 new Managed Training Services (MTS) customer in Q2, taking MTS customers tally to 51.

During the quarter NIIT earned 37 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The company was named a top winner for 2019.

Commenting on the quarter performance, Sapnesh Lalla, CEO, NIIT Ltd. said, "After a couple of muted quarters, Corporate Learning Group is starting to show growth. New contracts won over the last couple of quarters are starting to generate revenue."

"Winning 37 Brandon Hall awards, confirms NIIT commitment to excellence on quality and focus on creating business impact for its customers", added Mr Lalla. 

Skills & Careers Group (SNC) recorded net revenue of Rs. 58.3 Cr during Q2. SNC go forward business grew 4% YoY.

Continuing its focus on the #FutureReadyTalent initiative, NIIT launched Future Fests, a pan-India connect program across 50 colleges in the country. The initiative will aim towards encouraging aspiring professionals to enhance their knowledge and skills through NIIT's future ready programs.

SNC added two large customers including a leading private bank and a global auto company, during the quarter. StackRoute and TPaaS (Talent Pipeline as a Service) continued to demonstrate strong growth momentum.

During the quarter, NIIT collaborated with Automation Anywhere, a global leader in robotic process automation (RPA), to deliver comprehensive RPA workshops to developers, students and IT professionals across India.

MindChampion Learning Systems Limited (MLSL) registered net revenue of Rs. 4.2 Cr.

During the quarter MLSL added 80 new school contracts. MLSL also bagged the IDA Education Awards 2019 as the 'Product/solution/service of the Year for K-12 education' for its product Practice Plus, in the Education sector.  

MLSL upgraded its ITW series and its MathLab solution, which will be made available to schools for the coming academic session.

Share buyback update

As announced earlier, on August 10, 2019, the Board approved a proposal to buyback up to 2,68,00,000 (Two crore sixty eight lakh) Equity Shares from the shareholders of the Company at Rs. 125 per share, representing approximately 16% of the total paid up equity share capital for an aggregate amount not exceeding Rs. 335,00,00,000 (Three hundred and thirty five crore). The shareholders approved the proposal on October 3. In accordance with the provisions of the Buyback Regulations, the Company had filed the draft letter of offer for the Buyback with SEBI on October 14, 2019 and is awaiting comments on the same.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World.

 

For Media queries please contact

 

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Investors may contact:

 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com

 

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

10India10/24/2019No201910708102019/india/training/newsroom/PublishingImages/EY2B1569.JPG

NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the second quarter ending September 30, 2019. During the quarter, the company recorded a Net Revenue of Rs. 236.5 Cr. up 5% YoY; EBITDA was recorded at Rs. 25.4 Cr and Operating Margin at 11%. Profit After Tax was recorded at Rs. 209.3 Cr. This includes impact of reversal of tax provision pursuant to recent changes in income tax law, primarily related to divestment of shareholding in NIIT Technologies Limited.

  

 

New Delhi, October 17, 2019: NIIT Limited, a global leader in skills and talent development, has won the award under Education Category for 'Vocational & Skill Development Training Institute' at the 17th Franchise Awards 2019. The award was received by Kshitij Jain, Vice President, Skills and Careers Business (India), NIIT Ltd. at a recent ceremony organized in New Delhi.

Speaking on the occasion, Bimaljeet Singh Bhasin, President, Skills and Careers Business (India), NIIT Ltd. said, "We are delighted to receive this award that reiterates our commitment to create high impact learning and talent development programs for millions of individual and corporate learners. NIIT will continue to play a pioneering role in the talent development space".

Established in 1981, NIIT has today grown to be a global leader in skills and talent development providing career related learning solutions to Individuals, Enterprises and Institutions in diverse areas including Digital Transformation, Data Analytics, Software Development and many other new-age career streams.

Recently NIIT announced the Future Ready Talent initiative to encourage aspiring professionals to enhance their knowledge through future ready programs, together with their regular academic curriculum. NIIT is also spearheading and enabling digital transformation globally through its incubated venture StackRoute. Stackroute is a digital transformation partner for corporates to build multi-skilled full stack developers at scale.

Franchise Awards 2019 are India's Topmost Honour in Franchising. Returning in its 17th consecutive year, Franchise Awards 2019 highlights those remarkable organizations that have, demonstrated that franchising success is more than the sum of its parts. The Franchise Awards put standards, ethics and best practice at the top of their agenda. Through positive recognition of those that lead the way, the franchise awards are seen as the industry's top accolade.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd​

10India10/17/2019No201910707102019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

New Delhi, October 17, 2019: NIIT Limited, a global leader in skills and talent development, has won the award under Education Category for 'Vocational & Skill Development Training Institute' at the 17th Franchise Awards 2019.

  


                      -  Wins ‘Product/solution/service of the Year for K-12 education’ award for its product Practice Plus.

New Delhi, September 30, 2019: MindChampion Learning Systems Limited (MLSL), NIIT's wholly owned subsidiary for its K-12 school learning initiative, has bagged the IDA Education Awards 2019 as the 'Product/solution/service of the Year for K-12 education' for its product Practice Plus, in the Education sector.  The award was received by Ganesh Krishnamurthy, Executive Vice President & Head - Solutions, Products & Alliances, Skills & Careers Group, NIIT Ltd. recently in Bengaluru, at the IDA Corporate Awards 2019 organized by Didac India.

NIIT Nguru Practice Plus is an academically designed online solution for K-12 that enables continuous practice and assessment.  It is a 360-degree online solution with features like student-practice engine, assessment configurator and detailed analytics that enables students identify and focus on improvement areas. It empowers teachers make informed decisions basis student's performance and plan classroom instruction accordingly. 

Practice plus is designed to help students achieve higher levels of learning through practice to attain mastery across the concepts. The online solution moves beyond assigning grades to providing deeper insights regarding student's performance. Individualized practice supports each learner to help and practice at their own pace. 

Pradeep Narayanan, Head, MindChampion Learning Systems Limited (MLSL), said, "Practice Plus is a breakthrough initiative by NIIT designed to make everyday practice of school curriculum more effective and result-oriented for students, teachers and parents. I wholeheartedly thank IDA for this encouragement and recognition".

NIIT Nguru offers holistic range of School Learning Solutions that comprises Digital - Interactive Classroom; Labs - Math Lab & English Lab; Books - IT Wizard, Math Classic, English Classic, Science Classic & My pals are here; Assessments - Practice Plus and School Support solutions - Quick School, Career guidance & Counselling programs.

The IDA Education Awards presented by India Didactics Association, are given to reward pioneering initiatives taken by educational institutions/organizations with the focus on factors enhancing the student learning outcomes. They aim towards identifying and acknowledging educational institutions that have transformed teaching, learning, and employability outcomes. 

 

About MindChampion Learning Systems Limited

As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), is providing technology-based learning to around 2,000 private schools across India, reaching out to more than a million students. The futuristic NIIT Nguru range of learning solutions for schools includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. 

MLSL, builds on the strong lineage of NIIT's School Learning business. Started in 1990, as NIIT's foray into School Learning, the company has provided technology-based education to over 17,000 schools in India, Bhutan, South Africa and the Middle East, impacting more than 10 million students. 

Visit www.niitnguru.com for more details. 


For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

09India9/30/2019Yes201909706092019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

MindChampion Learning Systems Limited (MLSL), NIIT's wholly owned subsidiary for its K-12 school learning initiativehas bagged the IDA Education Awards 2019 as the 'Product/solution/service of the Year for K-12 education' for its product Practice Plus, in the Education sector.

  


New Delhi, India /Atlanta, GA, August 28, 2019: NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has earned 37 coveted Brandon Hall Group HCM Excellence awards jointly with customers. The company was named a top winner for 2019. The Brandon Hall Group Excellence awards are awarded for excellence in Corporate Initiatives, Learning, Talent Management, Sales Performance, Leadership Development, Talent Acquisition and Workforce Management. 

NIIT earned 37 awards in various categories jointly with customers for 2019: 

  • Gold award for Best Use of Blended Learning jointly with GE Power for GE O&M Maintenance Training Program
  • Gold award for Best Use of Games and Simulations for Learning  jointly with Houghton Mifflin Harcourt for HMH Science Dimensions AR
  • Gold award for Best Advance in Custom Content jointly with IQVIA for Ethical Research
  • Gold award for Best Use of Blended Learning jointly with IQVIA for Oncology Training Program for CRAs
  • Gold award for Best Advance in Creating a Learning Strategy jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Advance in Creating an Extended Enterprise Learning Program jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Advance in Learning Technology Implementation jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Results of a Learning Program jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Unique or Innovative Learning and Development Program jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Use of Mobile Learning jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Program for Sales Training and Performance jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Sales Onboarding Program jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Sales Training Program for the Extended Enterprise jointly with MetLife for MetLife Distribution Academy
  • Gold award for Best Use of Games and Simulations for Learning jointly with Rio Tinto for Rio Tinto Rails
  • Two Silver awards for Best Advance in Custom Content jointly with ABB for Fair Process and Prospect Generation by Field Service Engineers
  • Silver award for Best Advance in Creating a Learning Strategy jointly with GE Power for GE Power's Entry Level Training Program for Field Engineers: Basic Engineering Technology
  • Silver award for Best Advance in Creating a Learning Strategy jointly with IQVIA for CRA Graduate Program
  • Silver award for Best Advance in Custom Content jointly with IQVIA for Getting Started on a Study
  • Silver award for Best Learning Program Supporting a Change Transformation Business Strategy jointly with IQVIA for eTMF Transformation Training Program
  • Silver award for Best Unique or Innovative Sales Training Program jointly with MetLife for MetLife Distribution Academy
  • Silver award for Best Advance in Custom Content jointly with Royal Dutch Shell for Emergency Response-Legal
  • Silver award for Best Unique or Innovative Leadership Development Program jointly with Royal Dutch Shell for Integrity: Deciding the Future
  • Bronze award for Best Learning Program Supporting a Change Transformation Business Strategy jointly with Bank of America for Risk Boot Camp
  • Four Bronze awards for Best Advance in Custom Content jointly with Equinor for US Induction, Evaluation Awareness, Stop Work Authority and Operating Administrator Account: Fundamentals
  • Bronze award for Best Use of Blended Learning jointly with Equinor for Family Liaison Officer Program
  • Two bronze awards for Best Use of Games and Simulations for Learning jointly with FM Global for Virtual Boiler Simulation and Virtual Battery Room Inspection
  • Bronze award for Best Use of Virtual Worlds for Learning jointly with Houghton Mifflin Harcourt for HMH Science Dimensions AR
  • Bronze award for Best Use of Video for Learning jointly with IQVIA for Working as a CRA
  • Bronze award for Best Unique or Innovative Learning and Development Program jointly with Rio Tinto for Rio Tinto Rails
  • Bronze award for Best Advance in Custom Content jointly with Royal Dutch Shell for Land Access
  • Bronze award for Best Use of Games and Simulations for Learning jointly with Royal Dutch Shell  for Food Safety Game
  • Bronze award for Best Use of Mobile Learning jointly with Royal Dutch Shell for Spot the Hazard

The winners are listed at http://www.brandonhall.com/excellenceawards/past-winners.php.


"This is the 25th edition of the HCM Excellence Awards and each year we are impressed by the range of innovations" said Mike Cooke, Brandon Hall Group CEO. "The corporate environment has drastically changed, and human capital executives responded in really meaningful ways." 

The award entries were evaluated by a panel of veteran, independent senior industry experts, Brandon Hall Group analysts and executives based upon the following criteria: fit the need, design of the program, functionality, innovation, and overall measurable benefits.

Excellence Awards winners will be honored at Brandon Hall Group's HCM Excellence Conference, February 4-6, 2020, at the Hilton in West Palm Beach, Florida. 

"We are extremely proud to be named a top winner by earning 37 Brandon Hall Excellence awards jointly with our customers. These prestigious awards are a testament to excellence in learning and talent development. We are honored to earn the trust of our customers through innovative approaches and transformative business results," said DJ Chadha, EVP & Global Head, LDO, Content Design & Development at NIIT's Corporate Learning Group.


About Brandon Hall Group

Brandon Hall Group is a HCM research and advisory services firm that provides insights around key performance areas, including Learning and Development, Talent Management, Leadership Development, Talent Acquisition, and HR/Workforce Management.

With more than 10,000 clients globally and 20 years of delivering world-class research and advisory services, Brandon Hall Group is focused on developing research that drives performance in emerging and large organizations and provides strategic insights for executives and practitioners responsible for growth and business results.

Our mission: Empower excellence in organizations around the world through our research and tools each and every day.

At the core of our offerings is a Membership Program that combines research, benchmarking and unlimited access to data and analysts. The Membership Program offers insights and best practices to enable executives and practitioners to make the right decisions about people, processes, and systems, coalesced with analyst advisory services which aim to put the research into action in a way that is practical and efficient. (www.brandonhall.com).

About NIIT

Established in 1981, NIIT offers Managed Training Services to market-leading companies in over 30 countries worldwide. Our comprehensive suite of Managed Training Services includes custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology, and advisory services. With a prolific team of experienced learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development. Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D and demonstrably improve learning effectiveness and efficiency to create transformative business impact.

For more information, visit www.niit.com

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

08India8/28/2019Yes201908705082019/india/training/newsroom/PublishingImages/NIIT_Brandon_Hall_2019.png

NIIT Limited, a global skills and talent development company and leading provider of managed training services, announced today that it has earned 37 coveted Brandon Hall Group HCM Excellence awards jointly with customers.

  

New initiative introduces automation capabilities for organizations across multiple industries

 

New Delhi, August 20, 2019: NIIT Limited, a global leader in skills and talent development, is collaborating with Automation Anywhere, a global leader in robotic process automation (RPA), to deliver comprehensive RPA workshops to developers, students and IT professionals across India.

A three-day workshop, Mastering Bots: Design and Build an Advanced Digital Workforce is designed to help participants learn how to create and automate software bots, apply RPA in real-world scenarios and understand the importance of RPA in the broader technology landscape. It will also familiarize attendees with Automation Anywhere's RPA platform.

A one-day workshop, Introduction to Bots has also been launched, offering an overview on software bots, and a program focused on advanced RPA is planned for the coming months.

According to a report by Grand View Research, Inc., the global RPA market is expected to reach $3.97 Billion by 2025, growing at more than 30 per cent CAGR. RPA has become central to digital transformation initiatives of organizations across multiple industries to increase productivity and lower operating costs.  RPA automates error-prone, high-volume administrative work, in addition to offering other benefits like improving internal processes and business response times.

Speaking on the collaboration, Bimaljeet Singh, President, Skills and Careers Business (India), NIIT Ltd. said, "The domain of RPA is growing rapidly and has become central to digital transformation initiatives of organizations across industries. We are glad to join hands with Automation Anywhere, to encourage learners to seize the career opportunity, as well as enterprises to solve their learning and development needs".

"NIIT workshops are now providing attendees a concentrated program on RPA training which will address the need for these high demand skills," said Arvind Thothadri, Vice President, Global Training and Certification at Automation Anywhere. "Workshop attendees will now have the advantages of RPA training that could help open more career opportunities for them, and at the same time, give human workers more time to focus on innovation."

 

For more details visit: https://www.niit.com/rpa-workshop/

or Contact:- # 098115 43428

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee
Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma
Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

08India8/20/2019Yes201908704082019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

New Delhi, August 20, 2019: NIIT Limited, a global leader in skills and talent development, is collaborating with Automation Anywhere, a global leader in robotic process automation (RPA), to deliver comprehensive RPA workshops to developers, students and IT professionals across India.

  


                                 -    Offers scholarship on Future Ready Talent programmes, aimed  to skill the youth for jobs of the future 

New Delhi, August 14, 2019: NIIT Limited, a global leader in Skills and Talent Development, announced its annual flagship 'Bhavishya Jyoti Scholarship' for Future Ready Talent programmes.   

NIIT is offering Future Ready talent programmes, to empower aspiring professionals with new age career possibilities and provide them with an opportunity to develop and grow in the field of their choice. On offer are courses in, Information technology, Digital marketing, Banking and Finance, Data analytics, Full Stack Product Engineering, Banking and Finance and Accounting & Business Analytics, to skill today's youth for the jobs of the future. Based on the student's performance in an aptitude test, NIIT will be offering scholarships across the country this year.   

In addition to students who have completed their Class XII or equivalent, graduates/or those currently pursuing graduation and post-graduation Programmes are also eligible for NIIT Bhavishya Jyoti Scholarship. The Scholarship will be awarded basis the Class XII scores of the students and can be availed across all NIIT Education Centres across the country. 

Bhavishya Jyoti Scholarship will reward merit scholarships of up to Rs 30,000/- and will continue till 30th  September 2019. 

For over 27 years, these scholarships have offered meaningful opportunities to students, to prove their aptitude in the field of IT and other futuristic careers across verticals. 

Bimaljeet Singh Bhasin, President, Skills and Careers Business, NIIT Ltd., said, "We at NIIT are focused towards providing aspiring professionals with an opportunity to develop and grow in the field of their choice. The Bhavishya Jyoti Scholarship is an integral part of NIIT's commitment to encourage meritorious students of the country to build a successful career in new age industry aligned programs". 

Bhavishya Jyoti is one of India's most recognized and trusted scholarship Programmes with 27 years of market presence that has benefitted over 5.2 lakh students since its inception. It is a unique initiative by NIIT to recognize, empower and attract students in NIIT ecosystem and reward students desirous of building successful careers in diverse industries. The Scholarship was launched by NIIT in 1991, to enable financially challenged meritorious students to pursue careers in IT and other new-age Programmes. 

To know more about the programme, please call us at 1800 3000 6448


About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. 

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

08India8/14/2019Yes201908703082019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global leader in Skills and Talent Development, announced its annual flagship 'Bhavishya Jyoti Scholarship' for Future Ready Talent programmes.

  

 

  • Profit After Tax recorded at Rs. 1090.4 Cr, which includes one-time income on account of divestment of NIIT Limited's shareholding in NIIT Technologies Limited
  • Revenue recorded at Rs. 210.3 Cr; EBITDA up 16% YoY at Rs. 22 Cr
  • Corporate Learning Group (CLG) records revenue visibility of US$ 264 Mn, up 18% YoY
  • Skills & Careers Group (SNC) records 15% YoY growth on Go forward business

     

NIIT Limited

Consolidated Financials for Quarter ended June 30, 2019

(in Rs. Crore)

Quarter ended

June 30, 2019

Quarter ended

June 30, 2018

YoY change
Net Revenue210.3214.3-2%
EBITDA221916%
EBITDA %10.4%8.8%159 bps
Profit After Tax1090.417.9Rs. 1072.5

 

New Delhi, August 10, 2019: NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the first quarter ending June 30, 2019.  During the quarter, the company recorded a Net Revenue of Rs. 210.3 Cr. EBITDA was recorded at Rs. 22 Cr, up 16% YoY at an Operating Margin of 10.4%, up 159 bps YoY. Profit After Tax recorded at Rs. 1090.4 Cr, which includes one-time income on account of divestment of NIIT Limited's shareholding in NIIT Technologies Limited

The results were taken on record at the meeting of the Board of Directors held today.

Speaking on the occasion, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "The increase in revenue visibility for Corporate Learning Group and the growth in Go forward business in Skills & Careers, vindicate the company's strategy and reaffirm the confidence of customers, in our ability to add value."

The Board took note of the Closing of the transaction for sale of NIIT's stake in NIIT Technologies Limited. The transaction was closed on May 17, 2019 after necessary approvals. NIIT Ltd. received gross proceeds of Rs. 2020.4 Cr. in cash on Closing. 

On May 25, 2019, the Board had proposed a Dividend of Rs. 5 per share and constituted a committee to make recommendations for utilization of proceeds for rewarding shareholders, subject to statutory limits and necessary approvals, and after providing for transaction related costs, taxes, retirement of debt, growth capital and a prudent Indemnity reserve.

Based on the recommendation of the committee, the Board has approved a proposal to buyback up to 2,68,00,000 (Two crore sixty eight lakh) Equity Shares from the shareholders of the Company at Rs. 125 per share, representing approximately 16% of the total paid up equity share capital for an aggregate amount not exceeding Rs. 335,00,00,000 (Three hundred and thirty five crore).

Corporate Learning Group (CLG) recorded net revenue of Rs. 152.4 Cr. CLG signed 5 new Managed Training Services (MTS) contracts in Q1, taking MTS customers tally to 49. CLG recorded revenue visibility of US$ 264 Mn, up 18% YoY.

During the quarter NIIT was selected as a 2019 Top 20 Gamification Company for the sixth consecutive year by TrainingIndustry.com. Training Industry continuously monitors the training marketplace looking for the best providers of gamification services/ technologies in support of corporate learning and development.

Skills & Careers Group (SNC) recorded net revenue of Rs. 51.7 Cr during Q1. The SNC Go forward business grew by 15% YoY. The India business grew for the second successive quarter driven by growth in TPaaS (Talent Pipeline as a Service) and StackRoute. 

The Skills & Careers Group announced the #FutureReadyTalent initiative to empower aspiring professionals through future ready programs. As part of this initiative, NIIT is conducting seminars in 15 cities across India, wherein successful leaders from diverse fields share their experiences with the youth, making them aware about the importance of new-age future ready careers. In addition, a focused industry round table discussion was also organized at the India Habitat Centre in Delhi, with thought leaders and CXOs under this initiative.

During the Quarter NIIT bagged the ASSOCHAM Education Excellence Awards 2019 as the 'Best Innovative Brand' in the Education sector. NIIT has received the award for company's continuous effort to offer new-age Career Programs to address the changing workforce requirements of the industry.

Commenting on the Quarter results, Sapnesh Lalla, CEO, NIIT Ltd. said, "NIIT's business lines continued to show traction during Q1. While CLG acquired 5 new MTS customers during the quarter, SNC's Go forward Businesses grew at 15% YoY. StackRoute and TPaaS (Talent Pipeline as a Service) continue to demonstrate strong growth momentum."

MindChampion Learning Systems Limited (MLSL) registered net revenue of Rs. 6.2 Cr.

Awards & Acknowledgements: 

  • NIIT ranked among the Top 20 Training Outsourcing Companies by TrainingIndustry.com 2019 for the twelfth consecutive year.
  • StackRoute, a digital transformation partner for corporates to build multi-skilled full stack developers at scale, has won the 'Digital Transformation Learning Partner of the Year for Enterprises' award at Digital Transformation Summit & Awards.
  • NIIT named to 2019 Training Industry Top 20™ List in Content Development for the ninth consecutive year.
  • NIIT has been listed among the Top 20 Highest-Performing Learning Providers 2019 by the Learning and Performance Institute, UK.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. 

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past twelve consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For Media queries please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

 

Investors may contact: 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd


08India8/10/2019Yes201908702082019/india/training/newsroom/PublishingImages/NIIT%20Limited%20announces%20Q1%20(April%20-%20June%202019)%20Consolidated%20Results.jpg

NIIT Limited (NSE: NIITLTD), a global leader in skills and talent development, today reported its results for the first quarter ending June 30, 2019.  During the quarter, the company recorded a Net Revenue of Rs. 210.3 Cr. EBITDA was recorded at Rs. 22 Cr, up 16% YoY at an Operating Margin of 10.4%, up 159 bps YoY. Profit After Tax recorded at Rs. 1090.4 Cr, which includes one-time income on account of divestment of NIIT Limited's shareholding in NIIT Technologies Limited

  


New Delhi, India /Atlanta, GA, July 29, 2019: NIIT Limited, a leading provider of skills and talent development services announced today that it has been selected as a 2019 Top 20 Gamification Company for the sixth consecutive year by TrainingIndustry.com. Training Industry continuously monitors the training marketplace looking for the best providers of gamification services/technologies in support of corporate learning and development.

Selection to this year's Top 20 Gamification Companies List was based on the following criteria:

  • Gamification features and capabilities
  • Innovativeness of offerings
  • Company size and growth potential
  • Quality and number of clients/users
  • Awards, recognition and competitive differentiation

"This year's Top 20 Gamification Companies continue to showcase the latest gaming designs and concepts to corporate training, making them engaging and entertaining for the learner, while focusing on moving the needle on their clients' KPIs" said Ken Taylor, President of Training Industry, Inc.

Dr. Gregg Collins, Chief Learning Scientist at NIIT said, "We are honored to be selected as a Top 20 Gamification company for the sixth consecutive year. Our team of Triple-A gaming professionals combine over 100 years of experience developing titles for the biggest studios in the world. We are developing the next generation of serious games, simulations, augmented, virtual, and mixed reality experiences for learning at our state-of-the-art Digital Reality Center." 

View the 2019 Top 20 Gamification Companies list here.

 

About Training Industry, Inc.

Training Industry (https://trainingindustry.com) presents news, articles, webinars and research reports focused on supporting the corporate training leader and offers complimentary referrals to training professionals seeking to source products or services at https://trainingindustry.com/rfp.

 

About NIIT

Established in 1981, NIIT offers Managed Training Services to market-leading companies in over 30 countries worldwide. Our comprehensive suite of Managed Training Services includes custom curriculum design and content development, learning administration, learning delivery, strategic sourcing, learning technology, and advisory services. With a prolific team of experienced learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development. Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D and demonstrably improve learning effectiveness and efficiency to create transformative business impact.

For more information, visit www.niit.com

 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

07India7/29/2019Yes201907701072019/india/training/newsroom/PublishingImages/2019_Top20_Web_Large_gamification.png

NIIT Limited, a leading provider of skills and talent development services announced today that it has been selected as a 2019 Top 20 Gamification Company for the sixth consecutive year by TrainingIndustry.com. Training Industry continuously monitors the training marketplace looking for the best providers of gamification services/technologies in support of corporate learning and development.

  


Acknowledged for 'Best Innovative Brand' in the education sector

 

New Delhi, July 18, 2019: NIIT Limited, a global leader in skills and talent development, has bagged the ASSOCHAM Education Excellence Awards 2019 as the 'Best Innovative Brand' in the Education sector. NIIT has received the award for company's continuous effort to offer new age Career Programs to address the changing workforce requirements. The award was received by Shakera Roy, General Manager, Skills and Careers Group, NIIT Ltd. at a recent ceremony organized at Hotel Hyatt Regency, Kolkata. 

Over the last 38 years, NIIT has contributed extensively to the IT sector by impacting over 35 million learners in IT and other disciplines. During the previous year, NIIT introduced first-of-its-kind strategic initiative - Talent Pipeline as a Service (TPaaS), to ensure reliable availability of specifically skilled talent to global organizations to match the pace of expansion in today's fast changing, uncertain business environment.  The company has also announced the launch of series of aspirational Career Programs guided by the choices of the industry to address the changing workforce needs of today's youth to make them future ready professionals.

Further, NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. StackRoute works with multiple tier 1 IT services companies, product engineering companies and GICs.

Speaking on the occasion, Mr. Bimaljeet Singh, President, Skills and Careers Business (India), NIIT Ltd., said, "NIIT has always been focused towards providing Industry-ready learning solutions that allows students, working professionals to seize the best career opportunity, as well as enterprises to solve their learning & development needs. This award is a recognition of our efforts and will further encourage us to constantly innovate, to bridge the skill gap."

Ms. Perminder Jeet Kaur, Director, ASSOCHAM said, "NIIT has been playing a pioneering role in shaping the education and training sector through its innovative learning solutions. This award is an acknowledgment of NIIT's commitment towards creating industry ready talent for the future".

ASSOCHAM as an apex chamber of the nation has been regularly engaging   itself   with   the   policy   makers, education bodies, social organizations, international agencies, Institutes of Excellence to bring the desired reforms in the education sector for building an eco-system of sustainability both socially and economically. The apex chamber has undertaken many initiatives to bring reforms  in  education especially  in  the  country's  need  to improve quality from early year on, the gross enrollment  ratio  in  higher education, employability and skill development.

 

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. NIIT has incubated, StackRoute, as a digital transformation partner for corporates to build multi-skilled full stack developers at scale. As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

07India7/18/2019Yes201907700072019/india/training/newsroom/PublishingImages/Assocham%20Award.jpg

 NIIT Limiteda global leader in skills and talent development, has bagged the ASSOCHAM Education Excellence Awards 2019 as the 'Best Innovative Brand' in the Education sector. NIIT has received the award for company's continuous effort to offer new age Career Programs to address the changing workforce requirements. The award was received by Shakera RoyGeneral Manager, Skills and Careers Group, NIIT Ltd. at a recent ceremony organized at Hotel Hyatt Regency, Kolkata. 

  


New Delhi, July 03, 2019: NIIT Limited, a global leader in Skills and Talent Development, announced 'Future Ready Talent' an initiative to encourage aspiring professionals to enhance their knowledge through future ready programs, together with their regular academic curriculum. As part of this initiative, NIIT will conduct seminars nationally across 26 centres in India, in the month of July, wherein successful leaders from diverse fields will share their experiences with the youth, making them aware about the importance of new-age future ready careers.

Bimaljeet Singh Bhasin, President, Skills and Career Business, NIIT Ltd., said, "Having worked with the industry and young aspiring professionals for over three decades, we understand the changing workforce requirements in today's fast-paced business environment. Organizations today seek candidates with complex problem-solving abilities, understanding of data, new-age digital technologies and client facing skills. The ideal candidate today is a lifelong learner who can adapt to the change and value add at work from day one."

"Future Ready Talent an initiative by NIIT, aims to build awareness in today's aspiring professionals about the new possibilities and provide them with an opportunity to develop and grow in the field of their choice through our industry-leading programs," he added.

According to the Future of Jobs Report (World Economic Forum), jobs in digital technology will grow from 17 % in 2018 to 33 % in 2022. Estimates have indicated that 75 million jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to this model. This demonstrates a huge requirement of skilled employees for futuristic industry 4.0 job roles.

Towards this, NIIT offers new age programs in Digital Marketing and Branding, Data Analytics and Predictive Modelling, Full Stack Product Engineering, Banking and Finance and Accounting & Business Analytics.


About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.  As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides curriculum based holistic range of education learning solutions to private schools in India under the nGuru brand. The product portfolio includes technology-driven classroom solutions, labs, assessment solutions, career guidance and counselling programs, and courseware solutions for IT, Maths, Science and English. As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Sr Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: Swati.Sharma@niit.com 

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd 

07India7/3/2019Yes201907699072019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Limited, a global leader in Skills and Talent Development, announced 'Future Ready Talent' an initiative to encourage aspiring professionals to enhance their knowledge through future ready programs, together with their regular academic curriculum. As part of this initiative, NIIT will conduct seminars nationally across 26 centres in India, in the month of July, wherein successful leaders from diverse fields will share their experiences with the youth, making them aware about the importance of new-age future ready careers.

  


New Delhi, July 01, 2019: StackRoute, a digital transformation partner for corporates to build multi-skilled full stack developers at scale, has won the 'Digital Transformation Learning Partner of the Year for Enterprises' award at Digital Transformation Summit & Awards. The award was received by Bimaljeet Singh, President, Skills and Careers Business (India), NIIT Ltd, at a recent ceremony organised at The Hilton, Mumbai.  

The Digital Transformation Summit & Awards brings together leaders spearheading digital initiatives in their organisations, helping businesses accelerate their digital capabilities at an astonishing rate to gain a competitive edge. The theme of the conference was Collaborate: Innovate: Accelerate. 

The event was organized by Transformance Business Media, that honours the achievements of organizations that have successfully planned and executed the digital transformation of one or multiple areas of their business through the application of digital and disruptive technologies. 

StackRoute® is an NIIT incubated venture. Established in August 2015, StackRoute runs programming, quality-engineering, data-science and digital architect series bootcamps. StackRoute programs are designed to be outcome oriented and deliver business relevant outcomes in consultation with key customer stakeholders. As the digital skills transformation partner of choice, StackRoute works with large IT services companies and product engineering companies in helping them build a multi-skilled high performing team of full stack developers.

Speaking on the occasion, Bimaljeet Singh, President, Skills and Careers Business (India), NIIT Ltd, said, "StackRoute today has created a niche for itself as the product engineering start-up providing disruptive learning solutions. This award is recognition of our efforts and will further encourage us to constantly innovate and create a globally competitive workforce for the emerging economy". 

StackRoute focuses on full stack technologies (Java Spring, .NET Core, JavaScript – MEAN/MERN), emerging architectures and design trends in the Digital Ecosystem. Its graduates work on complex full stack web applications built around microservices, stream computing, distributed real time event processing, machine learning, natural language processing. StackRoute emphasizes the design & development of reactive and performant applications. 


About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint in over 30 countries, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. 

NIIT is spearheading and enabling digital transformation globally through its incubated venture StackRoute. It foresaw the need early and realized that deep intervention is needed to prepare resources to take up digital transformation engagements. To address this large skill-gap, NIIT incubated StackRoute, a disruptive learning solution provider to build multi-skilled full stack developers & tech professionals with deep skills.

StackRoute works with multiple tier 1 IT services companies, product engineering companies and GICs towards transforming their workforce to take up digital engagements.

For more information visit:- http://stackroute.in/ 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com 


Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

07India7/1/2019Yes201907698072019/india/training/newsroom/PublishingImages/Stackroute%20award.jpg

StackRoutea digital transformation partner for corporates to build multi-skilled full stack developers at scale, has won the 'Digital Transformation Learning Partner of the Year for Enterprises' award at Digital Transformation Summit & Awards. The award was received by Bimaljeet Singh, President, Skills and Careers Business (India), NIIT Ltdat a recent ceremony organised at The Hilton, Mumbai. 

  


  • FY19 PAT recorded at Rs. 86.4 Cr, up 38% YoY; Revenue at Rs. 910.2 Cr.
  • Q4 PAT at Rs. 23.2 Cr on a Revenue of Rs. 239.7 Cr.
  • Corporate Learning Group (CLG) grows 22% YoY during FY19; CLG revenue visibility grows 12% YoY to $245 Mn 

New Delhi, May 25, 2019: NIIT Limited, a global leader in skills and talent development, today reported its results for FY 19 and fourth quarter ending March 31, 2019. 

Financial Year 2018- 19 highlights:

NIIT Limited : Consolidated Financials for Year ended March 31, 2019
(in Rs. Crores)

Year ended

March 31, 2019

Year ended

March 31, 2018

 

YoY growth

Net Revenue910.2850.57%
EBITDA84.274.613%
Profit After Tax86.462.538%

  

Quarter 4 FY19 highlights:

NIIT Limited : Consolidated Financials for Quarter ended March 31, 2019
(in Rs. Crores)

Quarter ended

March 31, 2019

Quarter ended

March 31, 2018

 

YoY growth

Net Revenue239.7222.88%
EBITDA23.422.16%
Profit After Tax23.219.718%

 

For the full year, the Company's Net Revenue stood at Rs. 910.2 Cr, up 7% YoY and Profit After Tax was recorded at Rs. 86.4 Cr, up 38% YoY. During the quarter, the company recorded a Net Revenue of Rs. 239.7 Cr, up 8% YoY, EBITDA margin of 10% and a Profit After Tax of Rs. 23.2 Cr, up 18% YoY. 

The results for FY19 were taken on record at the meeting of the Board of Directors today.

Speaking on the company's performance, Mr. Vijay K Thadani, Vice Chairman & Managing Director, NIIT Limited said, "The Company witnessed a profitable FY19 with PAT growing at 38% YoY, led by Corporate Learning Group (CLG) which delivered a strong revenue growth of 22% for the year."  

Also, the Board took note of the Closing of the transaction for sale of NIIT's stake in NIIT Technologies Limited. The transaction was closed on May 17, 2019 after necessary approvals. NIIT Ltd. received gross proceeds of Rs. 2020.4 Cr. in cash on Closing. 

The Board constituted a committee to make recommendations for utilization of proceeds for rewarding shareholders in the most efficient and judicious manner, subject to statutory limits and necessary approvals, and after providing for transaction related costs, taxes, retirement of debt, growth capital and a prudent Indemnity reserve.

The committee shall provide its recommendations to the Board prior to the declaration of audited results for Q1.

In the meanwhile, given the improving performance of the business and the liquidity event, the Board proposed a Dividend of Rs. 5 per share which amounts to 250% of face value of each share.

Business Highlights:

Corporate Learning Group (CLG) recorded revenues of Rs. 158.8 Cr, up 9% YoY during Q4. It signed 5 new MTS contracts in Q4, taking the total number of MTS customers to 46. 

Full year revenue for CLG was recorded at Rs. 632.4 Cr, up 22% YoY. Revenue visibility stood at $245 Mn up 12% YoY. 

During this fiscal year, NIIT entered into a five year Learning and Development agreement with Pitney Bowes. Pitney Bowes (NYSE:PBI) is a global technology company providing commerce solutions that power billions of transactions. Under this landmark agreement, NIIT will deliver a comprehensive L&D portfolio of managed training services for Pitney Bowes including learning consulting, demand management, design and development, learning delivery, administration, technology support, and vendor management.  

In FY19, NIIT entered into a managed learning services agreement with Signify (formally Philips Lighting) - for the delivery of strategic sourcing and vendor management services. Under this agreement, NIIT will be responsible for managed learning services which includes strategic sourcing of learning suppliers, contracting, quality control, performance management, and payment of vendors. 

Sapnesh Lalla, CEO, NIIT Ltd. said, "Corporate Learning Group (CLG) added 9 new logos, expanded its contracts with 5 customers and renewed 2 contracts in FY19. The key initiatives of the India business, StackRoute and TPaaS continued to show momentum."

Skills & Careers Business (SNC) recorded Q4 net revenue of Rs. 62.9 Cr. Beyond IT contributed 41% to SNC's Q4 FY19.                                                               

For the full year, SNC recorded net revenue of Rs. 242.8 Cr. 

During the quarter, NIIT announced 19th National Scholarship in Nigeria to reward meritorious students in Nigeria desirous of building successful careers in today's digital economy. 

During the year, NIIT introduced first-of-its-kind strategic initiative - Talent Pipeline as a Service (TPaaS), to ensure reliable availability of specifically skilled talent to global organizations to match the pace of expansion in today's fast changing, uncertain business environment.  Through this initiative NIIT will train around 1,00,000 youth in 3 years for aspirational career opportunities in leading corporates in the IT & BFSI sectors.

In FY19, NIIT announced the launch of series of aspirational Career Programs guided by the choices of the industry to address the changing workforce needs that digital transformation has brought forth.

MindChampion Learning Systems Limited (MLSL) registered net revenue of Rs. 18 Cr during the quarter. In Q4 it added 523 school contracts and released new curriculum products in Maths, Science and English.

Full year revenue for MLSL was recorded at Rs 35 Cr. It added 761 school contracts during the year. 

During the year, MLSL launched a new Math program in partnership Marshal Cavendish Education – a leading national and regional provider of K-12 educational solutions in Singapore. MLSL also organised Principals' Symposiums for principals from over 100 leading schools to highlight the importance of 21st-century learning skills in the school curriculum.


Other highlights of FY19: 

  • NIIT earned 19 Brandon Hall Group HCM Excellence Awards 2018 jointly with customers
  • NIIT ranked among the Top 20 Training Outsourcing Companies by TrainingIndustry.com 2018 for the eleventh Consecutive Year
  • NIIT ranked among the Top 20 Companies in IT Training by TrainingIndustry.com– for the ninth year.
  • NIIT was recognised as 'Best Training Institution' at the 9th Indian Education Congress & Awards 2019
  • StackRoute recognized as 'Most Innovative Learning Partner for Enterprises' at Times Ascent - National Award for Excellence in Training & Development
  • StackRoute recognized as Leading Innovative Learning Partner for Enterprises by Dataquest Digital Leadership Conclave & Awards 2018
  • During the year NIIT held its flagship international customer conference – 'Confluence' in Orlando, USA and Goa, India. Focused on key imperatives for Learning & Development, the conferences attracted widespread participation from global thought leaders and CXOs from leading organizations.

 

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint across 40 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited. 

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.  As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides futuristic NIIT nGuru range of learning solutions for schools comprising, interactive Classrooms with digital content, technology-driven Math Lab, IT Wizard programs and Quick School - an Education Resource Planning software. The Training.com learning platform is an NIIT initiative for advanced career programs, which are delivered live by industry experts in an immersive and interactive online mode, combining instructor-led classrooms with the convenience of accessing the training sessions from anywhere.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For Media queries please contact

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293041

Email: prateek.chatterjee@niit.com

 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: swati.sharma@niit.com

Investors may contact:

 

Kapil Saurabh, NIIT Limited,

Ph (Cell) +91 9899117793,

(Dir) +91 124 4293324

Email: kapil.saurabh@niit.com


Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd


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NIIT Limited, a global leader in skills and talent development, today reported its results for FY 19 and fourth quarter ending March 31, 2019.

  


Offers latest in-demand new-age technology programs in Data Analytics, Internet of Thing (IoT), Machine Learning (ML) with R & Python, Artificial Intelligence (AI), Business Intelligence (BI), Digital Marketing, diginxt MMS-Full Stack Developer to train students with Digital Skills for employability and to be relevant in the Digital Age.

Lagos, Nigeria/New Delhi, India, 14th May 2019: NIIT, a global leader in skills and talent development announced the 20th National Scholarship, to reward and encourage meritorious students in Nigeria desirous of building successful careers in Industry 4.0. This year the annual scholarship test will be held on Saturday, 13thJuly 2019, across the country.

Industry 4.0 is the vision of transforming industrial production of the future, which makes it possible to automate, gather, analyze and exchange data across machines, enabling faster, flexible, and more efficient decisions making process by using IOT, R & ML, Python & ML, AI, BI, Block Chain etc.

According to the Future of Jobs Report (World Economic Forum), jobs in digital technology will grow from 17 % in 2018 to 33 % in 2022. Estimates have indicated that 75 million jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to the new division of labour between humans, machines and algorithms. This demonstrates a huge requirement of skilled employees for futuristic industry 4.0 job roles.

 

Aligned to needs of the futuristic industry 4.0 technologies, NIIT has introduced scholarships for cutting-edge programs in Industry 4.0 technologies like Internet of Thing (IoT), Machine Learning (ML) with R & Python, Artificial Intelligence (AI), Business Intelligence (BI), Data Analytics, Big Data, diginxt MMS-Full Stack Developer, Digital Marketing and other programs. These programs have been introduced by NIIT with a profound understanding of the changing job roles which are powering the digital economy.

Speaking on the occasion, Mr. Sanjay Tickoo, Head, International Education Business – Emerging Markets, NIIT Ltd. said, "The major drivers of transformation, currently affecting global industries, are expected to have a significant impact ranging from job creation to job displacement, from heightened labour productivity to widening skills gaps. With new job roles emerging in the country, students trained in futuristic industry 4.0 technologies can meaningfully contribute to the growth of the country and thus carve a successful career for themselves. To accomplish this, we have introduced futuristic cutting-edge programs for Nigerian students to train them for the jobs of future."

Since the inception in 1999, NIIT Scholarships have become one of the most awaited events in the annual events calendar of the country. More than 100,000 students have benefitted from the scholarship so far.

For more information, students can visit www.niit.com/nigeria.

NIIT in Nigeria

NIIT, a global leader in skills & talent development, established its presence in Nigeria in 1999 and since then affirmed its support to prepare the youth in the country for lucrative IT careers. NIIT has been involved in creation of skilled ICT workforce and has launched several initiatives in the country. Presently NIIT is operating with 20 education centres across various cities in Nigeria.

NIIT Nigeria national scholarship has reached out to over a million students in the past 20 years by offering them with scholarship assistance across various segments - School Leavers, Under Graduates, Graduates [Unemployed, Under-Employed], Individuals desirous of enhancing their technical skill-sets and students in general who aspire to know about IT and career in IT.

NIIT is acknowledged as the undisputed leader in the country's IT training and education segment, offering the latest IT programs mapped to the industry requirement and international vendor certifications.

In Nigeria, NIIT provides IT education to individuals; offers customized training solutions for corporate; and caters to the IT learning needs of University & School students.

About NIIT

NIIT is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast and comprehensive array of talent development programs. With a footprint across 40 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe – Corporate Learning Group, Skills & Careers Business and MindChampion Learning Systems Limited.

NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.  As NIIT's wholly owned subsidiary for its K-12 school learning initiative - MindChampion Learning Systems Limited (MLSL), provides futuristic NIIT nGuru range of learning solutions for schools comprising, interactive Classrooms with digital content, technology-driven Math Lab, IT Wizard programs and Quick School - an Education Resource Planning software. The Training.com learning platform is an NIIT initiative for advanced career programs, which are delivered live by industry experts in an immersive and interactive online mode, combining instructor-led classrooms with the convenience of accessing the training sessions from anywhere.

As the Most Trusted Training Brand in India for 5th year in a row (Brand Trust Report, 2017), NIIT's learning and talent development solutions, continue to receive widespread recognition globally. NIIT has been named among the Top 20 Training Outsourcing Companies for the past eleven consecutive years by Training Industry, Inc. USA. Further, leading Indian ICT journal Dataquest has conferred upon NIIT the 'Top Training Company' award successively for the past 20 years, since the inception of this category. NIIT has also been featured as the 'Most Respected Education Company'- 2016 by leading financial magazine, Business World. 

 

For media queries, please contact:

Prateek Chatterjee

Senior Vice President, Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9910201085, (Dir) +91 124 4293370

Email: prateek.chatterjee@niit.com 

Swati Sharma

Corporate Communications & Marketing, NIIT Limited

Ph: (Cell) +91 9999601154, (Dir) +91 124 4293042

Email: Swati.Sharma@niit.com

Visit us at: www.niit.com

Follow us on: www.twitter.com/niitltd

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NIIT, a global leader in skills and talent development announced the 20th National Scholarship, to reward and encourage meritorious students in Nigeria desirous of building successful careers in Industry 4.0. This year the annual scholarship test will be held on Saturday, 13thJuly 2018, across the country.

  

 

New Delhi, April 06, 2019: NIIT Technologies Limited, a leading global IT solutions organization, today announced that funds affiliated with Baring Private Equity Asia ("BPEA"), have signed definitive agreements to purchase approximately 18.85 million NIIT Technologies Limited shares (approximately 30% shareholding on a fully diluted basis in NIIT Technologies) from NIIT Limited and other promoter entities at a price of INR 1394 per share. The aggregate consideration for purchase of shares from promoter entities is estimated to be approximately INR 2627 crores (US$ 381 million at INR / USD exchange rate of 69).

In accordance with the Securities and Exchange Board of India Regulations, BPEA will make an open offer to the public shareholders of NIIT Technologies to purchase up to 26% additional shareholding at a price of INR 1394 per share. The aggregate consideration for purchase of shares from promoter entities and the open offer is estimated to be up to approximately INR 4890 crores (US$ 709 million at INR / USD exchange rate of 69) based on ownership of approximately 56% stake.

This transaction is conditional upon customary conditions, including receipt of required regulatory approvals, including anti-trust and competition clearances from Competition Commission of India.

Rajendra Pawar, Chairman, NIIT Technologies Limited, said: "NIIT Technologies Limited which became an independently listed company after demerger from NIIT Limited in 2004, has grown into one of the most innovative and trusted IT Services Company in India. The long-standing relationships with marquee customers, many spanning over two decades, are a consequence of a sharp focus on identified verticals including, travel, banking and insurance and distinctive capabilities developed. The involvement of Baring Private Equity Asia will provide further impetus to the management team led by CEO, Sudhir Singh to take the company to the next level of growth."

Vijay Thadani, Vice Chairman & Managing Director, NIIT Limited, said: "We would like to thank everyone who has contributed in building NIIT Technologies into a leading global IT solutions company. Baring Private Equity Asia's association will support the existing management team in capturing the opportunities in an increasingly digital world. This transaction will further support our growth from being No.1 IT Training Company since inception in India to a global leader in talent development."

Jimmy Mahtani, Managing Director of BPEA, said: "BPEA is pleased to be investing in NIIT Technologies. We look forward to partnering with the company's management team to continue to build the business over the coming years".

Advisors

Credit Suisse acted as the exclusive financial advisor to NIIT Limited and other promoter entities. Shardul Amarchand Mangaldas & Co acted as the legal advisor to NIIT Limited. J. Sagar Associates and Ropes & Gray acted as legal advisors to BPEA.

In addition, NIIT Technologies today announced the signing of definitive agreement to acquire WHISHWORKS IT Consulting. WHISHWORKS IT Consulting is an IT services and consulting company specializing in MuleSoft and Big Data technologies, in which NIIT Technologies will acquire a 53% stake initially, with the remaining equity to be acquired over the next two years through pay-outs linked to financial performance. 

NIIT Technologies also signed a definitive agreement for the sale of its entire 88.99% stake in Esri India Technologies Ltd to the other existing equity shareholder Environmental Systems Research Institute, Inc (Esri, Inc). Esri India Technologies is in the field of Geographic Information System (GIS) using the distributionship rights of Esri, Inc.

About NIIT Technologies Limited

NIIT Technologies is a leading global IT solutions organization, enabling its clients to transform at the intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact. The Company focuses on three key verticals: Banking and Financial Services, Insurance, Travel and Transportation. This domain strength is combined with leading-edge capabilities in Data & Analytics, Automation, Cloud, and Digital. With over 10,000 employees serving clients across Americas, Europe, Asia, and Australia, NIIT Technologies fosters a culture that promotes innovation and constantly seeks to find new yet simple ways to add value for its clients. Learn more about NIIT Technologies at www.niit-tech.com.

About NIIT Limited

NIIT Limited is a leading Skills and Talent Development Corporation that is building a manpower pool for global industry requirements. The company, which was set up in 1981 to help the nascent IT industry overcome its human resource challenges, today ranks among the world's leading training companies owing to its vast, yet comprehensive array of talent development programs. With a footprint across 40 nations, NIIT offers training and development solutions to Individuals, Enterprises and Institutions. NIIT has three main lines of business across the globe- Corporate Learning Group, Skills and Careers Group, and School Learning Group. Learn more about NIIT Limited at www.niit.com.

About Baring Private Equity Asia

Baring Private Equity Asia (BPEA) is one of the largest and most established private alternative investment firms in Asia, with total committed capital of over USD17 billion. The firm runs a private equity investment program, sponsoring buyouts and providing growth capital to companies for expansion or acquisitions with a particular focus on the Asia Pacific region, as well as investing into companies globally that can benefit from further expansion into the Asia Pacific region. BPEA also manages dedicated funds focused on private real estate and private credit.  The firm has a 21 year history and over 160 employees located across offices in Hong Kong, China, India, Indonesia, Japan and Singapore. BPEA currently has over 30 portfolio companies active across Asia with a total of 158,000 employees and sales of approximately USD31 billion. For more information, please visit www.bpeasia.com

Safe Harbor

Certain statements in this release are forward-looking statements. The business involves various risks, and uncertainties that could result in the actual results to differ materially from those indicated here. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

For media queries please contact:

For NIIT Limited

Prateek Chatterjee

Senior Vice President

Corporate Communications & Marketing

NIIT Limited

Tel: +91 9910201085

Email: prateek.chatterjee@niit.com

For Baring Private Equity Asia

N S Rajan

Ketchum Sampark

Tel: +91 22 40425505

Tel: +91 9820045560

Email: rajanns@ketchumsampark.com

Investors may contact:

Kapil Saurabh

Head – Investor Relations and M&A

NIIT Limited

Tel: +91 9899117793

Email: kapil.saurabh@niit.com

For NIIT Technologies

Akanksha Gupta

Corporate Communications

NIIT Technologies Ltd.

Tel: +91 120 7119033

Email: akanksha.1.gupta@niit-tech.com

Investors may contact:

Abhinandan Singh

Head – Investor Relations and M&A

NIIT Technologies Ltd.

Tel: +91 22 40103212

Email: abhinandan.singh@niit-tech.com

04India4/6/2019No201904695042019/india/training/newsroom/PublishingImages/NIIT-Transforming-Digitally.png

NIIT Technologies Limited, a leading global IT solutions organization, today announced that funds affiliated with Baring Private Equity Asia (“BPEA”), have signed definitive agreements to purchase approximately 18.85 million NIIT Technologies Limited shares (approximately 30% shareholding on a fully diluted basis in NIIT Technologies) from NIIT Limited and other promoter entities at a price of INR 1394 per share. The aggregate consideration for purchase of shares from promoter entities is estimated to be approximately INR 2627 crores (US$ 381 million at INR / USD exchange rate of 69).

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