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SONATA SOFTWARE ORDERS
Eye on AI push, IT midcaps rejig top leadershipSince late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operati...
Mid-tier firms poised to win large AI market share: Sonata Software CEO Samir DhirSonata Software's CEO, Samir Dhir, highlights the growing fatigue with large-cap software vendors, positioning mid-tier companies as agile ...
Telangana number one in attracting investments, managing inflation: Revanth ReddyTelangana Chief Minister Revanth Reddy announced the state leads India in investments, inflation control, and law and order. Since December...
Sonata off-key on D-Street, order rebound keySonata Software's stock dropped 24% in two weeks due to weak Q3 results, impacted by a key client ramp-down. Analysts expect continued shor...
Agile mid-sized IT uses AI, pricing to bag bigger dealsCompanies like Persistent Systems, Sonata Software, and LTTS are leveraging AI to attract more vendor consolidation deals, aided by their a...
Focus on large deals, AI crucial for Sonata amid short term hiccupsSonata provides solutions to modernise the technology infrastructure used by clients across verticals including banking, financial services...
Sonata loses tempo on weak demand; mid-term view hazyWith over $ 1 billion or Rs 8,613 crore in FY24 revenue, Sonata generates over two-third of revenue from the domestic products licensing an...
D-Street All Rounders: 7 cos with over 20% earnings growth for 3 quarters turn multibaggersData crunching done by ETMarkets showed that 23 companies reported atleast a double-digit year-on-year (YoY) growth in both revenue and pro...
PSU banks steal the show this week; UCO Bank surges 54%PSU banks stole the show, extending their gains. UCO Bank surged over 54%, whereas Indian Overseas Bank gained 30%. Meanwhile, Punjab & Sin...
No TDS required on import of shrink-wrapped software: Supreme CourtThe Supreme Court (SC) on Tuesday ruled that payments made by resident Indian end-users or distributors (such as technology companies) to o...
Sonata Software Q3 results: Net profit falls 29% to Rs 54 croreThe company made a provision for income tax settlement the Vivad se Vishwas Scheme for RS 15.6 crore for international IT Services and Rs 6...
JM Financial's former VP settles insider trading case with SebiDuring the span of investigation, Sebi observed that Saraogi had entered into off-market trades in shares of JMFL and transferred 41,246 sh...
2 wealth creation ideas from Anand Rathi’s Siddharth SedaniSonata Software, in terms of midcap IT service space, looks quite interesting to us with the target of Rs 220.
- Hyundai recalls nearly 140,000 Sonata sedans in US
South Korea's top automaker Hyundai Motor is recalling nearly 140,000 of its Sonata sedans in the United States due to a steering problem, ...
- Sonata Software promoters look to exit company
The promoters of mid-size IT firm Sonata Software are in talks to sell their stake in the firm, at least three people with direct knowledge...
- All payments made abroad not within ambit of withholding tax, rules SC
SCy rejected the I-T department's contention that cos based in India were liable to deduct tax when they make any payment overseas.
- Small US firms offshoring more
Despite Barack Obama's efforts to discourage offshoring by US companies, there is some evidence to suggest that now even smaller companies ...
- Mid-size IT cos to gain as US firms offshore more
Despite Barack Obama’s efforts to discourage offshoring by US companies, there is some evidence to suggest that now even smaller companies ...
- IT cos to pay tax on software purchases
IT cos subject to TDS when they buy software from global vendors like Microsoft. Tech majors eye UN ERP project I More time needed to gauge...
- Royal Biz: Microsoft case exposes opaque tax policy
New Income Tax Code should clarify how software revenue of multinationals in india would be taxed. Myths and facts of filing your tax retur...