• NRI couple make $2 bn on sale of firm started with $2000

    Published Date : 24-Jul-2018 3:36:35 IST

    Indian-Americans Bharat Desai and wife Neerja Sethi have sold their IT services company Syntel to France’s Atos for $3.4 billion. The co-founders reportedly held a 57% stake in the company and would pocket nearly $2 billion from the all-cash deal. IIT Bombay graduate Desai and Sethi started Syntel with $2,000 in 1980 while they were pursuing MBA in the US.

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