Background: Cyient is a mid cap IT Company with FY15 revenues of INR 27.3bn specializing in engineering solutions, including product development and life cycle support, process, network & content engineering. In 3QFY16: Ex- PR business, revenue share by geography: Americas (63.6%), Europe, Middle East, Africa & India (23.2%), and Asia Pacific (13.2%). Revenue share by operating unit: Engineering (62.5%), Data transformation, Network & Operation (37%), and others (0.5%). Revenue share by industry: Aerospace & defense (37.7%), Transportation (10.2%), Off-highway equipment (4.8%), Semiconductor (4.3%), Medical & Electronics (1.5%), Utilities (8.8%), Communication (19.4%), Energy & Natural resources (6%), Commercial & Geospatial (6.9%) and others (0.4%). Onshore/Offshore split:...