I wouldnt really call NIIT a success story.They did not anticipate the 2000 meltdown, when it ocurred the Elephant moved too slowly despite the first mover advantage they had, allowed SSI first and Aptech later togain marketshare. At one point of time NIIT was on par with Infosys and better than Wipro in the market's perception. The market cap was about 14,000 Crores in Jan2000. Today the marketcap is a measly 676 Crores ( NIIT Tech has a market cap of 690 Cr - Combined MarketCap is just 1366 Cr ! 10% of 14,000 Cr. !) Is that growth ? However I am glad the Kumbhakarana has woken up !
