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VINIT TEREDESAI
Order book growth keeps Persistent Systems on trackPersistent Systems shares are rising, buoyed by optimism in the technology sector and advancements in artificial intelligence. The company ...- Brokerages stay constructive on Persistent despite recent underperformancePersistent Systems stock sees a dip despite positive analyst outlook. The company is on track to meet its revenue guidance of $2 billion by...
- Strong order flow, margin improvement to support Persistent’s growthPersistent Systems’ stock jumped 8% after reporting robust Q2 results, including sequential revenue growth, 16.3% operating margin, record ...
- Analysts trim estimates on Persistent amid valuation and growth concernsPersistent Systems' shares declined following disappointing June quarter results, with revenue growth slowing due to healthcare sector slug...
- High utilisation, new deal momentum to keep Persistent Systems on trackThe company's CFO Vinit Teredesai told ET that while clients were taking more time to roll out projects, there were so far no cancellations...
- Persistent’s deal traction shows no season’s weakPersistent Systems' stock surged 7% after strong Q3 results showcasing revenue growth, improved margins, and robust deal wins. The company ...
- Top office transitions: How leadership shake-ups have changed India's IT sectorThe Indian IT sector, including companies like Wipro, Infosys, HCLTech, and Tech Mahindra, has undergone significant leadership changes, wi...
- Strong deal momentum to keep Street hooked on to PersistentThe key business vertical of hi-tech and emerging industries, where the revenue growth has been sluggish over the past few quarters, is lik...
- The Great CFO Shuffle: Top execs are playing financial musical chairs in India's IT sectorIn the past year, the IT sector has seen notable CFO transitions, including Jatin Dalal's move from Wipro to Cognizant. Legal disputes over...
- Strong momentum in new deals, improving utilisation likely to help Persistent to retain high growthThe stock of Persistent Systems staged a recovery on Monday with nearly 4% gain after losing over 6% on Friday following a sequential fall ...
- Large IT firms’ fatigue on deal wins helping Persistent: CEO Sandeep KalraFor the first quarter ending June, Persistent reported a 33.9% year-on-year (YoY) rise in net profit at Rs 306.41 crore for their April to ...
- Talent-hunting tech rivals circle around vexed LTIMindtreeLTIMindtree was born out of the merger between L&T Infotech and Mindtree in November 2022. Analysts have attributed this to integration pai...
- LTIMindtree former CFO Vinit Teredesai joins Persistent SystemsBorn out of the merger between L&T Infotech and Mindtree in November 2022, LTImindtree has seen several exits over the past year which the ...
- LTI Mindtree's COO, president of sales in fray for top job as Debashis Chatterjee's tenure ends soonWipro and LTIMindtree navigate leadership changes. Nachiket Deshpande and Sudhir Chaturvedi are key contenders for LTIMindtree's CEO role. ...
- LTIMindtree appoints Vipul Chandra as chief financial officerVipul Chandra takes over the post from Vinit Teredesai, CFO of the Mumbai-based technology consulting and digital solutions company since J...
- LTIMindtree to focus on real estate, cost and revenue synergies: CEOThe company, which has become India’s fifth largest IT service provider by market capitalisation following the amalgamation, may seek to ra...
- LTI-Mindtree merger comes into effect, becomes 5th largest IT company by m-capAs part of the merger, all shareholders of Mindtree will be issued shares of LTI in the ratio of 73 shares of LTI for every 100 shares of M...
- Rising wages, costs wipe gains for ITThe rupee depreciating would ordinarily have been a big positive for the Indian IT industry and goods exporters, helping improve margins an...
- Mindtree appoints ex-KPIT chief financial officer Vinit Teredesai as new CFOTeredesai will be taking over from Senthil Kumar, who was serving as CFO in the interim after Pradip Menon left the company in November 201...
- KPIT Q4 results: Net profit rises 23.3% to Rs 38.1 croreThis is against a net profit of Rs 30.9 crore in the year-ago period, KPIT said in a regulatory filing.
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