The exit of COO Sudhir Chaturvedi a significant negative In a recent development, NITEC's COO Mr Sudhir Chaturvedi resigned to pursue other interests. Mr Chauturvedi had joined NITEC in August 2013 from Infosys and was chiefly responsible for the company's turnaround over the last three years. After joining, he had laid out a strategy of: (1) cross-selling IMS, (2) expanding the BFSI business in the US, (3) securing a leadership position in the transport vertical, and (4) reducing the low-margin government business. The strategy was executed to perfection; over FY13-16, IMS grew...