For 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 today agreed to buy majority 53 per cent stake in Chennai-based Polaris Consulting and Services for about Rs 1,173 crore.

Virtusa'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...

Investment bank Credit Suisse has been roped in as an advisor and feelers have gone out to several potential suitors.

Founded over two decades ago, Polaris competes with Indian offshore players and is predominantly a banking and financial services focused s...

The 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...

At this present rate, Polaris is meant for patient investors. When the company does its restructuring, getting essentials, it will take at ...

The 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.

“The deal with NEC could possibly value the services division at $400-450 million, a little higher than what Tech Mahindra was offering,”

The Citi arm is the second largest shareholder in Polaris, owning over 19%, followed by the promoter group which holds about 29%.

Financial technology company Polaris today said it has undertaken a "business restructuring" plan as part of its proposals to expand its ho...

Polaris, through investment bankers, has also sent feelers to at least one multinational information technology services firm.

BASEL III provided by the Basel committee helps banks and financial institutions enhance the regulatory framework.

The cost effective model would facilitate easy transaction between customers of each of these banks across other DCCBs, it said.

Polaris Software Lab has decided to construct a new 1,500-seat facility at Siruseri near Chennai with an outlay of Rs 350 million.

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 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 ...