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VIRTUSA CONSULTING SERVICES
PE-backed IT companies growing faster, thanks to costs control, ops shifts, say expertsPrivate equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes....- Virtusa sets Rs 370 per share indicative price for Polaris delisting offerPolaris Consulting share price opened at Rs 389.50 and hit a 52-week high of Rs 422 and closed at Rs 413.30, up 6 per cent on the National ...
- Polaris Q1 net profit up 8.2% at Rs 39.72 croreDuring the quarter, revenue from operations remained nearly flat at Rs 495.5 crore, as against Rs 492.8 crore in the year-ago period.
- VirtusaPolaris launch new brand identityPolaris competes with Indian offshore players and is predominantly a banking and financial services-focused software services company.
- VirtusaPolaris, WorkFusion tie-up to deliver robotic automation to banking and financial sectorsThis partnership will deliver new smart automation solutions for the BFS market, which is the key area where VirtusaPolaris operates.
- Hitachi and Virtusa Corporation enter into partnershipJapan-based Hitachi and IT firm Virtusa Corporation have entered into a partnership to provide joint services to their global clients and t...
- Viatusa acquires 1.48 crore shares in Polaris via open offerVirtusa had made an open of Rs 590 crore to acquire additional 26% in Polaris. The open offer at a price of Rs 220.73 apiece. The offer sta...
- Virtusa rejigs Polaris board post acquisitionThe company announced resignation of members who were a part of Polaris board. Virtusa CEO Krishan Aruna Canekeratne has been appointed to ...
- Virtusa reconstitutes Polaris board post acquisitionHaving completed the acquisition of a majority stake in Polaris Consulting & Services, Virtusa has announced a change in the composition of...
- Virtusa to launch Rs 590-crore open offer for Polaris from March 11Virtusa, which has acquired a majority stake in Polaris Consulting & Services, will make an open offer of Rs 590 crore to acquire additiona...
- Virtusa gets CCI nod to acquire 53% stake in PolarisThe combination is expected to help Virtusa provide end-to-end global banking and financial services and pursue larger consulting and outso...
- Polaris Consulting reports 6.9% decline in Q3 net profitDigital transformation solutions provider Polaris Consulting and Services has recorded a 6.9 per cent decline in net profit at Rs 36.5 cror...
- With Polaris, Virtusa can pursue larger, deeper engagements: Kris Canekeratne, Virtusa CEOKris Canekeratne said that together they are a fairly large and formidable player in financial services, with BFS revenues north of $470 mi...
- 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.
- Polaris surges 4% as promoters mull sale of biz to Virtusa for $350 millionShares of Polaris Consulting surged over 4% after reports that the promoters of the company are likely to announce sale of the company to V...
- 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 $350 million dealVirtusa's M&A talks with Polaris are seen as a move to strengthen its offerings and get access to new clients in banking and financial serv...
- Virtusa Corp posts 23$ rise in Q1 profitVirtusa Corporation, a global business consulting and IT outsourcing company, today posted nearly 23 per cent increase in net income to $7....
- Virtusa sets up SBU to tap Indian marketIT services major Virtusa Corporation has chalked out plans for a bigger presence in India, eyeing a share of the estimated total domestic ...
- Virtusa sees agile tech driving future businessGlobal IT services and consulting company Virtusa foresees clients across the world irrespective of their size of operations opting for sof...
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