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Progeon

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Infosys buys Progeon stake from Citicorp

Infosys Technologies Limited has acquired 87,50,000 equity shares, 23 per cent on a fully diluted basis, of its BPO subsidiary Progeon Limited from Citicorp International Finance Corporation for Rs......

Infosys begins Progeon share buyback

Infosys Technologies has announced that it has kicked off a buyback plan for a certain section of employees who have shares of the erstwhile Progeon, now Infosys BPO. The move follows Infosys......

Progeon Q4 revenue at Rs 21 cr

Progeon has generated revenues of Rs 20.85 crore (Rs 208 million)in the fourth quarter,a company release said on Thursday. It also added one client in the fourth quarter.The net addition to......

Infosys to buy Citi's stake in Progeon

Software major Infosys Technologies on Thursday said it has reached an agreement with Citicorp International Finance Corporation to acquire the latter's stake in its BPO arm Progeon Ltd for $115.13......

Progeon may go public next year

Progeon, the BPO subsidiary of Infosys, is expected to go public when it crosses $120 million in its topline, which is expected in the next financial year.The company is currently on track to meet......

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