Financial Daily from THE HINDU group of publications
Saturday, December 07, 2002
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Provision for debts pulls NIIT into the red
COMPUTER trainer and software developer NIIT has incurred a net loss of Rs 19.2 crore for the year October 2001-September 2002 as against a net profit of Rs 71 crore in the previous year mainly due to a Rs 28.6 crore provision for doubtful debts. ... More
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