TROY, Mich., Oct. 18, 2013 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that the Company's Chairman and Co-Founder, Bharat Desai, will speak at the IIT Bombay – Washington University Corporate Leaders Conclave taking place October 19–20, 2013 in St. Louis.
This two-day event is a follow up to a parallel event held in Mumbai, India in March. The IIT Bombay – Washington University Corporate Leaders Conclave brings together representatives from industry and academia to focus on strengthening the U.S.–India connection, creating innovation and educational opportunities, and developing solutions to global economic and humanitarian issues.
On October 19, Mr. Desai will participate with other business leaders in a panel discussion focused on entrepreneurship and innovation, which will be moderated by Washington University Executive Vice Chancellor Hank Webber.
"Business and academia both have important roles to play in creating new economic opportunities," said Desai. "We live in a globally connected world, and partnerships like the IIT Bombay – Washington University corporate alliance provide students with a solid foundation in the realities of a global business environment, giving them a competitive edge as they enter tomorrow's workplace."
"In addition, this alliance enables established entrepreneurs to connect, engage and nurture the next generation of business leaders," said Desai.
Syntel's support for the IIT Bombay – Washington University initiative is part of the Company's overall commitment to supporting socially-conscious educational initiatives, including its own corporate social responsibility vehicle, S'Prayas, as well as Enactus, a global non-profit that challenges college students to develop and execute socially responsible entrepreneurship in their communities.
More information on the IIT Bombay – Washington University Corporate Leaders Conclave can be found at http://www.india.wustl.edu/CorporateConclave.aspx.
About Syntel
Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of September 30, 2013, Syntel employed more than 22,000 people worldwide. To learn more, visit us at: www.syntelinc.com.
Safe Harbor Provision
This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2012, the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2013 or from other factors not currently anticipated.