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POLARIS TECH
In 1959, a metal meant for missile work bent back into shape and triggered a revolution in materials scienceA chance discovery in 1959 by military scientists led to Nitinol, a metal that remembers its shape. This nickel-titanium alloy, initially r...- 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.
- 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...
- Do not prefer Polaris at current valuation: Sudip BandyopadhyayI will not recommend Polaris at this stage. There are other good IT stories which one can focus on. I like Wipro for that matter and I also...
- 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...
- 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...
- 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...
- 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,”
- 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%.
- Buy Polaris Financial Tech Ltd with target price of Rs 112: Ashwani GujralBuy Polaris Financial Tech Ltd at a stop of Rs 100.
- Buy Polaris Financial Technology Ltd: Ashwani GujralPolaris seems to have given a fairly strong buy signal. With a stop of about 154 you could easily find 172 to 175 here.
- Polaris is a buy: Ashwani GujralMidcap tech will also catch up. Polaris is now a buy with a stop of about 129.
- Buy Mphasis at dips: Ashwani GujralMphasis Rs 485-490 is a stiff resistance and chances are that post Infosys results, this could come down to about Rs 410-415.
- Bullish on HCL Tech: Ashwani GujralHCL Tech, after good results is going through some kind of correction but overall I think it should hold up these Rs 485-490 kind of levels...
- Polaris is a buy: Ashwani Gujral, Market StrategistA target of 195 is possible in Polaris provided the results are good.
- Citi pockets Rs 175 crore from Polaris stake saleCiti has made nearly Rs 175 crore in the last few months by shedding over 10% of its stake in mid-tier company Polaris Software Lab.
- Citi continues to sell Polaris sharesCiti completed yet another round of selling mid-tier company Polaris Software Lab’s shares in the open market on Tuesday.
- Citi continues to divest stake in PolarisCiti completed another round of selling mid-tier software company Polaris Software Lab’s shares in the open market on Friday.
- Citi continues to divest stake in PolarisCiti completed its third round of selling mid-tier software company Polaris Software Lab’s shares in the open market on Wednesday.
- 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.
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