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POLARIS FINANCIAL TECH LTD
US-based Virtusa to buy 53% stake in Polaris Consulting for Rs 1,173 croreUS-based Virtusa today agreed to buy majority 53 per cent stake in Chennai-based Polaris Consulting and Services for about Rs 1,173 crore.06 Nov, 2015, 04.58 PM IST- Virtusa Corp in final negotiations to buy Polaris Consulting for Rs 1,904 croreVirtusa, cofounded by Sri Lankan entrepreneurs Kris and Tushara Canekeratne, is believed to have valued Polaris at close to $350 million.15 Oct, 2015, 03.53 PM IST
- Virtusa Corporation eyes Polaris Consulting in a $350 million dealVirtusa's M&A talks with Polaris are seen as a move to strengthen its offerings and get access to new clients in banking and financial serv...28 Sep, 2015, 11.51 AM IST
- Polaris buy-out: Tech majors make beeline for controlling stake in the companyFounded over two decades ago, Polaris competes with Indian offshore players and is predominantly a banking and financial services focused s...11 Aug, 2015, 09.06 AM IST
- Polaris Financial Technology wins contract from Swedish Central BankBank users will benefit from more efficient use of collateral assets and Riksbank will gain real-time control and greater flexibility.05 Jun, 2014, 05.02 PM IST
- Polaris Financial Technology shares up 15 per cent on demerger of products businessThe firm's scrip ended the day 11.57 pc higher at Rs 152.80 on the BSE. During the day, the stock surged 17.26 pc to Rs 160.60.19 Mar, 2014, 05.14 AM IST
- Most IT midcaps have returned 100% in a year: Stocks that can rally upto 20% moreAfter a strong performance by IT largecaps, investors are lapping up midcaps in the space to build their portfolios with the defensives ahe...03 Mar, 2014, 05.27 PM IST
- Polaris FT rallies nearly 5% to hit 52-week high on business unit sale reportsL&T Infotech, part of the engineering and construction major L&T, is believed to be leading the race to acquire the unit estimated to be va...22 Oct, 2013, 09.44 AM IST
- L&T Infotech eyes Polaris FT's services business in $400 mn dealFT is gearing up to sell its services business unit and L&T Infotech is believed to be leading the race to acquire its $400 mn worth busine...21 Oct, 2013, 05.51 PM IST
- Polaris Financial rallies 7% on talks it's selling IT services unitPolaris Financial Technologies surged as much as 6.7% on reports that it is in talks with Japan's NEC Corporation to sell its IT services u...18 Sep, 2013, 10.40 AM IST
- Polaris Financial Technologies in talks with NEC to sell IT services unit“The deal with NEC could possibly value the services division at $400-450 million, a little higher than what Tech Mahindra was offering,”18 Sep, 2013, 09.57 AM IST
- Citibank's Citi Venture Capital International seeks to exit if Polaris Financial Technology sells its services divisionThe Citi arm is the second largest shareholder in Polaris, owning over 19%, followed by the promoter group which holds about 29%.05 Jul, 2013, 04.00 AM IST
- Polaris rallies 15% post IT unit sale buzz; Tech Mah, L&T Infotech in raceL&T Infotech has placed a $330-million offer while Tech Mahindra's bid is more than $350 million.07 Jun, 2013, 12.42 PM IST
- Buy Polaris Financial Tech Ltd with target price of Rs 112: Ashwani GujralBuy Polaris Financial Tech Ltd at a stop of Rs 100.30 May, 2013, 08.52 AM IST
- Polaris’ Indigo TX buy to strengthen profits, widen portfolioThe scrip of tier-II IT player Polaris Software has been buzzing on the bourses since last month.29 Mar, 2010, 12.10 AM IST
- Ex-Polaris CFO Prabal Basu Roy frontrunner for Satyam postRoy confirmed to ET that he is among those being considered for the role, he declined to elaborate further. Satyam's Development Centres | ...17 Jan, 2009, 09.16 PM IST
- Polaris Software to invest Rs 350 mn for expansionPolaris Software Lab has decided to construct a new 1,500-seat facility at Siruseri near Chennai with an outlay of Rs 350 million.21 Dec, 2008, 12.23 PM IST
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