Mid-tier IT company Persistent's Q4 net profit balloons 25%While healthcare will continue to see softness, CEO and executive director Sandeep Kalra is optimistic that banking, financial services & i...
25 Apr, 2025, 06.00 AM IST
Persistent Systems sees healthcare revenue growing to $1 billion in next 3-5 yearsRevenue from the Healthcare and Life Sciences vertical is a little below $100 million per quarter. Sandeep Kalra, chief executive at Persis...
23 Oct, 2024, 06.04 PM IST
Seeing more interest in outcome-based deals: Persistent Systems CEOThough Persistent Systems had been doing outcome-based deals, GenAI has enabled such deals at a much higher scale, according to Kalra. “So,...
30 Sep, 2024, 01.30 PM IST
Our aspiration is to make Persistent a $2 billion plus company in next three years: CEOPersistent Systems CEO Sandeep Kalra discusses the company's growth strategy amidst challenging market conditions, focusing on leveraging i...
23 Apr, 2024, 02.41 PM IST
$521 mn total deal wins' the highest we have seen in Persistent Systems: CEOSandeep Kalra says: “In terms of industry verticals, we have said it over the past several quarters, that healthcare life sciences will lea...
23 Jan, 2024, 01.17 PM IST
Persistent Systems Q1 Results: Firm logs 8% rise in net profit"We commenced the year (FY24) by celebrating a significant milestone of surpassing USD 1 billion in annual revenue... we have sustained our...
21 Jul, 2023, 10.39 AM IST
Persistent Systems is on the lookout for acquisitions: CEO Sandeep KalraPersistent Systems had a cash balance of more than Rs 26.8 crore at the end of the June quarter, and a part of that would be deployed towar...
05 Aug, 2021, 10.52 PM IST
How mid-sized IT CEO salaries changed in a pandemic year in IndiaCEO salaries at India’s mid-sized IT firms moved in tandem with the companies’ profits in a pandemic year, an analysis of annual reports fo...
01 Jul, 2021, 09.17 PM IST
Delhi court denies bail to Navneet Kalra in oxygen concentrator black marketing caseA Delhi court on Thursday refused to grant anticipatory bail to businessman Navneet Kalra in connection with the seizure of oxygen concentr...
13 May, 2021, 11.00 AM IST
Persistent looking at niche buys to deepen its expertiseBFSI, healthcare, life sciences and hi-tech focus areas, says CEO Kalra.
04 May, 2021, 09.54 AM IST
Persistent Systems to pursue acquisitions in focus areas in FY22This could be a company that helps expand its capabilities or geographic presence or deepen its strengths in an existing vertical
03 May, 2021, 03.29 PM IST
Persistent Systems to expand its presence in the USPersistent Systems may set up a larger delivery centre in the US, and scale it up as the centre grows, CEO Sandeep Kalra says.
15 Feb, 2021, 03.37 PM IST
Persistent Systems appoints Charles Owen as Chief Corporate Development OfficerPrior to this, Owen was founder of investment firm Ev2 Ventures, investing in early-stage startups in the smart mobility sector in India.
16 Dec, 2020, 12.15 PM IST
Persistent Systems targets $1 billion in revenuesSandeep Kalra, who has just taken over as the CEO, has since May 2019 been running the company's key technology business unit that accounts...
26 Oct, 2020, 05.07 PM IST
Persistent Systems Q2 results: Net profit up 18.5% to Rs 101.9 croreRevenue from operations increased 13.9 per cent to Rs 1,007.7 crore during the quarter under review, as against Rs 884.6 crore in the year-...
26 Oct, 2020, 03.48 PM IST
Persistent Systems appoints new CEOServices firm Persistent Systems has appointed Sandeep Kalra as the chief executive following Christopher O’Connor's departure in August.
25 Oct, 2020, 04.33 PM IST
- Persistent Systems appoints Sandeep Kalra as president – Technology Services
Anand Deshpande, Managing Director, Persistent Systems, said, “I am thrilled to welcome Sandeep to Persistent Systems.
24 Apr, 2019, 08.13 PM IST