Megasoft: no material impact

Posted: Tuesday, Jan 13, 2009 at 0252 hrs IST
Updated: Tuesday, Jan 13, 2009 at 0252 hrs IST

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: we were no longer their vendor, we agreed to it and gave all details of our venture,” said Kumar.

According to him, the World Bank later barred the company for violation of policies. “It was internally decided to not contest the ban, as the World Bank is a large institution and we are a small company. Moreover, it was not of any material importance to us,” said Kumar. ...

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Megasoft: no material impact

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