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PERSISTENT SYSTEMS CFO
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 ...- ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
- The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Electric two-wheeler makers brace for raw material price hikes, AI infra pressureElectric two-wheeler manufacturers are facing significant margin pressure and potential price hikes due to soaring raw material costs and s...
- Global headwinds put electric bike companies on price hike pathElectric two-wheeler companies are feeling the pinch. Rising raw material prices and supply chain issues are impacting profits. Companies l...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- IT midcaps pull away from delivery model linked to headcountMid-tier IT firms like Persistent Systems and Coforge are decoupling revenue growth from headcount increases, showcasing significant produc...
- How long will it take to achieve gender equality? JPMorgan’s SHOCKING predictionJPMorgan Chase & Co.'s latest report reveals that gender equality remains a distant goal, with an estimated 134 years needed to achieve ful...
- Medicines get qcomm dose; Zomato, Lenskart win at ET AwardsHappy Monday! The quick commerce beast is setting its eyes on medicine delivery. This and more in today’s ETtech Top 5.
- 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...
- 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...
- 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 ...
- 10 Digital Steps to Become a Successful CFOThe Covid-19 pandemic has underlined the urgency for companies to adopt digitalisation in their operations. However, a CFO survey reveals t...
- Persistent hints at strong order pipeline amid short term slowdownMid-tier IT company Persistent Systems has seen its stock decline by over 6% since its Q2 earnings were released on 20 July. Lower order bo...
- Persistent remains range-bound due to steep valuations, surging volatilityAnalysts expect the company to deliver strong growth given the business traction. “Persistent’s capability to win new deals is encouraging ...
- 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.
- Persistent Systems March quarter net profit at Rs 84 croreFor the financial year 2019-20, the company reported a net profit of Rs 320.28 crore, down 3.4%.
- Persistent Systems mulling investment in 2-3 start-upsThe firm has not created any special fund for investments and it is managed from internal resources of the company.
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