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POLARIS GROUP
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
Is this the next American motorcycle revolution? Indian Motorcycle breaks free from Polaris, Harley-Davidson veteran at the helmPolaris Inc. is selling a majority stake in its Indian Motorcycle division to Carolwood LP. The deal is expected to close in early 2026. Mi...
Are there hidden secrets of the North Star? High-resolution images reveal amazing detailsFor the first time, scientists have been able to get high-resolution pictures of the surface of the North Star, which have shown off surpri...
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.
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...
Polaris rallies as tech majors make beeline for controlling stakeInvestment bank Credit Suisse has been roped in as an advisor and feelers have gone out to several potential suitors.
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...
Polaris Financial Technology's Q1 net profit dips 11.2% to Rs 38.3 croreThe Chennai-based firm had registered net profit of Rs 43.20 crore in the April-June quarter of the 2013-14 fiscal, Polaris FT said in a st...
Polaris is meant for patient investors, very positive on the stock: Mehraboon IraniAt this present rate, Polaris is meant for patient investors. When the company does its restructuring, getting essentials, it will take at ...
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.
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%.
- Polaris undertakes business restructuring plan
Financial technology company Polaris today said it has undertaken a "business restructuring" plan as part of its proposals to expand its ho...
Polaris Financial Technology approaches Wipro, L&T for services unit salePolaris, through investment bankers, has also sent feelers to at least one multinational information technology services firm.
- Polaris LRM solution to help banks comply with Basel-III norms
BASEL III provided by the Basel committee helps banks and financial institutions enhance the regulatory framework.
- Polaris bags CBS project for AP coop bank
The cost effective model would facilitate easy transaction between customers of each of these banks across other DCCBs, it said.
- Polaris Software to invest Rs 350 mn for expansion
Polaris Software Lab has decided to construct a new 1,500-seat facility at Siruseri near Chennai with an outlay of Rs 350 million.
- AIG bailout saves the day for Polaris Software Lab
For the Chennai-based software product and services firm, it meant that the IT services agreement that it had inked with the insurance gian...
- Polaris net profit grows 74%
Polaris Software Labs has posted a net profit of Rs 20.27 crore in the first quarter ended June 30, ’06, up 74.4% from Rs 11.62 crore last ...