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NIIT Limited is an Indian Multinational company that offers learning management and training delivery solutions to corporations, institutions and individuals. It is a Global Leader in Skills & Talent Development having three main lines of business worldwide: Corporate Learning Group , Skills and Careers Group , and School Learning Group .In 2004, the IT services business of NIIT was demerged into a separately listed company NIIT Technologies.NIIT Limited now focuses on Corporate Training, Vocational Training for Services Sectors and Education and Training in Schools. NIIT Limited owns 23.98% of NIIT Technologies. Wikipedia.

Srivastava V.,NIIT
Journal of Chemical Sciences | Year: 2013

The Baylis-Hillman reaction using ionic liquid/hydrotalcite clay catalytic system has been observed to be more reactive in terms of yield and reaction rate than DABCO/acetonitrile system. During the process, the reactants enjoy ionic liquid/hydrotalcite clay catalytic system and gives corresponding Baylis- Hillman reaction products in good yield. The application of our catalytic system has been diversifying for the synthesis of lactone ceramide analogue from (S)-Garner aldehyde-methyl acrylate using Baylis-Hillman reaction. Recycling of ionic liquid/hydrotalcite clay catalytic system has also been demonstrated in this report. © Indian Academy of Sciences.

Srivastava V.,NIIT
Journal of Chemistry | Year: 2013

Ionic liquids were used to enhance as well as recycle the MacMillan's catalyst 1 for the Diels-Alder reaction. Using our developed protocol, Diels-Alder adducts were obtained in good yields and selectivities along the 6 times recycling of MacMillan's imidazolidinone catalyst 1. Synthesis of steroid 4 is the major outcome of our developed protocol. © 2013 Vivek Srivastava.

[Ru(COD)Cl 2]/CuCl 2Center2H 2O/LiCl catalytic system works efficiently in ionic liquid media for aldehyde olefination reaction. It offers good yield and selectivity with the added advantage of 5 times recyclability for [Ru(COD)Cl 2] /CuCl 2Center2H 2O/LiCl catalytic system. We also successfully reduced the reaction time from 12 hours to 9 hours for the aldehyde olefination reaction. © 2013 Vivek Srivastava.

According to an aspect of the present disclosure, a repository of (user interface) components is maintained, with each component having an associated interface definition. A user interface containing a set of components rendered on a display unit is then provided, the set of components being contained in the repository. In response to receiving from a user, a selection of a component rendered on the display unit, the interface definition of the selected component is made available in defining a new user interface in a development system.

Domestic equity markets rose for a sixth consecutive trading session on Wednesday following positive global markets and strong rupee. The BSE Sensex jumped 102.97 points or 0.38 per cent to 27,035.85 and NSE Nifty gained 24.50 points or 0.30 per cent to 8,177.40. In the 30-share index, Hindalco surged the most —9.64 per cent to Rs 81.90, followed by Vedanta (up 5.83 per cent), ONGC (up 5.04 per cent) and Tata Steel (up 4.25 per cent). On the other hand, Wipro, Axis Bank and Infosys declined 2.13 per cent, 1.92 per cent and 1.88 per cent, respectively. Except the BSE Information Technology index (down 1.63 per cent) and the BSE TECk index (down 1.38 per cent), rest all sectoral indices closed in green. The BSE Metal index, the BSE Realty and BSE Auto index jumped 2.76 per cent, 1.90 per cent and 1.37 per cent to 7342.28, 1425.32 and 18029.77, respectively. In the BSE Smallcap space, Sharp India, Deep Industries, HCL Infosystems and Gujarat NRE Coke jumped 19.97 per cent, 19.33 per cent, 19.33 per cent and 19.91 per cent to Rs 46.25, Rs 188.90, Rs 51.75 and Rs 2.77, respectively. The BSE Smallcap index closed 0.40 per cent up at 11,344. Overall market breadth remained positive as advances to declines ratio for Nifty stocks stood at 29:21 for the day. Gaurav Jain, director, Hem Securities, said, “A later hour of buying pulled indices higher. Indices continue their northward journey on the back of firm global cues, sharp recovery seen in crude oil prices, strengthening of rupee and continued buying interest by domestic as well as foreign portfolio investors.” On the global front, while the US markets made a mixed closing, the Asian markets closed in green led by the Hong Kong market which jumped over 3 per cent for the day, building on their biggest five-day advance in almost four years. The Japanese market that was once looking faltering, too ended in green despite the yen rising broadly after the Bank of Japan kept monetary policy unchanged. Nikkei closed 0.75 per cent up at 18,323. The European markets too made a positive start after Glencore shares rose for a fourth day in London and ahead of UK’s Industrial and manufacturing production figures.The indices in the region overlooked the IMF’s cut in its global growth forecast for 2015 and 2016. 3.30 pm: The BSE Sensex jumped 102.97 points or 0.38 per cent to 27,035.85 and NSE Nifty gained 24.50 points or 0.30 per cent to 8,177.40. 3.20 pm: ONGC shares were trading 4.21 per cent up Rs 257.45 a share. ONGC will set up 280 wells across 400 sq km area for drilling coalbed methane in Jharkhand. Coalbed methane is a form of natural gas extracted from coal beds. The wells will come up at North Karanpura, Bokaro and Jharia and coal bed methane will be generated in 15 to 20 years. Each well will require 1.7 acre land and for that Jharkhand state will get royalty to the tune of around Rs 720 crore as the state government has assured allotment of land to the public sector unit. Sensex was up 104 points at 27,037. 2.49 pm: Share price of Bajaj Corp fell over 4 per cent in the afternoon trade on Wednesday after the company reported its standalone results for the quarter ended September 2015. The company posted net profit of Rs 46.78 crore, up 24.96 per cent, against Rs 37.44 crore in the corresponding quarter a year ago. Net profit of the company fell 1.55 per cent on quarter on quarter basis. Net sales of the company grew 10.68 per cent YoY to Rs 207.64 crore for the quarter ended September 2015. However, net sales fell 4.91 per cent on QoQ basis. 2.20 pm: European shares rose for a fourth straight session to a one-month high on Wednesday, with SABMiller gaining after a revised offer from Anheuser-Busch InBev and commodities stocks extending their recent strong gains. The European mining index surged 4.4 per cent, the top sectoral gainer and up for a seventh straight day, while the energy index gained 2.5 per cent, on stronger metals and as oil rose after breaking out of a month-long range on a forecast suggesting a global supply glut may be easing. 2.13 pm: Country’s top iron ore miner NMDC on Wednesday said it has incorporated a wholly-owned subsidiary company for developing a steel plant in Jharkhand through the Special Purpose Vehicle. “The company has incorporated a wholly owned subsidiary company by the name ‘Jharkhand Kolhan Steel on September 24, 2015 for development of steel Plant in the state of Jharkhand through SPV route,” NMDC Ltd said in a regulatory filing. NMDC shares were trading 1 per cent up at Rs 96.10 in the afternoon trade. Sensex was up 72 points at 27,005. 2.03 pm: Diversified group Punj Lloyd has forayed into the power transmission and distribution sector as it bagged two projects in the segment from Power Grid Corp. The company in a regulatory filing today said that it has won Rs 488-crore worth projects in the power sector, including “its first two wins in the transmission and distribution (T&D) segment.” The share price of the company surged over 6 per cent to Rs 26.70 post announcement. 1.38 pm: In the BSE Smallcap index, Sharp India, Deep Industries, HCL Infosystems and Gujarat NRE Coke jumped 19.97 per cent, 19.96 per cent, 19.93 per cent and 19.91 per cent to Rs 46.25, Rs 189.90, Rs 51.75 and Rs 2.77, respectively. The BSE Smallcap index was up 0.49 per cent at 11,354. Sensex was up 68 points at 27,001. 1.05 pm: Shares of engineering firm HMT surged nearly 18 per cent on Wednesday after the company signed a pact with a German firm Fraunhofer for technology upgradation. The stock of the state-run firm zoomed 17.60 per cent to Rs 58.80 at BSE. Sensex was up 24 points at 26,957. 12.40 pm: Jubilant Life Sciences shares gained as much as 3.5 per cent intraday on Wednesday after the company informed BSE that it has received approval from the US health regulator to market Indomethacin capsule used for treating pains. The share price of the company was trading 1.22 per cent up at Rs 401.50. 12.32 pm: In the 30-share index, Vedanta was up 4.32 per cent at Rs 89.45, followed by Hindalco (up 3.95 per cent) and ONGC (2.45 per cent). Sensex was up 20 points at 26,952. 12.30 pm: Sensex was up 27 points at 26,960. Nifty was down 0.60 points at 8,152. Meanwhile, Religare Capital Markets forecast earnings growth of 10.3 per cent YoY in Q2 (vs 8.5 per cent growth in Q1FY16) led by United Spirits, Britannia, Marico, Symphony, Asian Paints, Jubilant Foodworks and Godrej Consumer. Among discretionary names, Jubilant Foodworks and Bata are likely to post strong earnings. In staples, a stronger product mix and cost efficiencies should translate to robust earnings growth for Britannia. 12.04 pm: NIIT shares were trading 2.70 per cent up at Rs 95.20. According to JM Financial, NIIT has announced two new initiatives in past one week – a full stack programmer course for experienced software professionals and digital platform (www.NIIT.tv) for providing courses online. While the financial implications will not be immediate, these are steps in the right direction. JM Financial has ‘buy’ rating on NIIT shares with a price target of Rs 100 per share. 11.45 am: Redington (India) shares jumped over 5 per cent in morning trade on Wednesday after the company informed the BSE that its subsidiary, Redington Gulf FZE, has entered into a definitive agreement to acquire 70 per cent of Linkplus Bilgisayar Sistemleri Sanayi ve Ticaret AS, Turkey (Linkplus). 11.39 am: Glenmark Pharma was down 1.23 per cent at Rs 1,044. Delhi HC restrains Glenmark Pharmaceuticals from manufacturing and selling its anti-diabetes drugs. The BSE Healthcare index was down 0.13 per cent at 18,272.08. 10.54 am: Muthoot Finance shares jumped as much as 8 per cent in the morning trade on Wednesday after Motilal Oswal initiated coverage with ‘buy’ rating with a target price of Rs 234 per share. Sensex was up 119 points, or 0.44 per cent, at 27,051. Nifty was up 26.95 points, or 0.33 per cent, at 8179.85. Cairn India and ONGC were up 4.53 per cent and 2.53 per cent, respectively. 10.25 am: Sensex was up 0.36 per cent at 27,030. Sentiment also got a boost from Prime Minister Narendra Modi’s statement that the Goods and Services Tax (GST) will be rolled out from next year, brokers said. 10.00 am:  The rupee recovered by 12 paise to trade at 65.29 against the dollar on Wednesday on fresh selling of the US currency by exporters amid sustained foreign fund inflows. The BSE IT index was up 0.13 per cent at 11,574. 9.35 am:  Inox Wind shares gained as much as 1.8 per cent in the early trade on Wednesday after Nomura started coverage with ‘buy’ rating. The share price of Inox Wind was trading 2.18 per cent up at Rs 375.20. Sensex was up 0.20 per cent at 26,985. 9.19 am: The BSE Sensex was down 0.15 per cent at 26,893. The 50-share index was down 0.19 per cent at 8,137. Tata Steel, ICICI Bank and ACC were down over 1.30 per cent each in the morning trade. Domestic equity markets opened flat on Wednesday tracking SGX Nifty and Asian markets. Sensex opened 0.13 per cent up at 26,966.86. Nifty opened 6.7 points down at 8,146.20. In the 30-share index, ONGC and Vedanta were up 2.73 per cent and 1.23 per cent in the opening trade. Asian stock markets were mostly higher Wednesday, taking in stride the IMF’s lower global growth forecast, while Japan traded cautiously as its central bank left monetary policy unchanged. Back home, Sensex and Nifty gained 0.55 per cent and 0.41 per cent, respectively, on Tuesday. Jayant Manglik, president, retail distribution, Religare Securities, said, “Sentiments were upbeat on Tuesday from the beginning in response strong global cues, which later gained strength from the statements made by the Finance Minister and the Prime Minister, sharing their view on growth rate and rollout of major reforms like GST as planned. It was mixed session on sectoral front with consumer durables and FMCG topping the chart while IT pack ended in red.” First Published on October 07, 2015 9:18 am

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