VIRTUSA
Sonata Software announces succession plan, appoints Samir Dhir as CEO
Srikar Reddy will continue as MD and will transition to Dhir over the next nine to twelve months, the company said in a statement.
Virtusa appoints Santosh Thomas as CEO as founder Kris Canekeratne steps away
As Virtusa CEO, Santosh Thomas will help the American IT services firm drive growth in key markets and continue to be recognised as employer of choice. His appointment follows that of Sander van‘t Noordende as chairman of the company.
Infosys lays off mid, senior level executives
The company is letting go of 10% of the workforce, or around 2,200 people.
Now, IT can’t 'bank' on it anymore
Economic uncertainty forces clients to bring down tech costs and curb additional spending.
Virtusa banking on financial services to beat rivals
Cognizant, TCS and Infosys have all said demand from banking and financial services (BFSI) customers has slowed, hampering overall growth.
Virtusa sets Rs 370 per share indicative price for Polaris delisting offer
Polaris 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 Stock Exchange (NSE) today.
- Go To Page 1
After a tough start, we expect to end the year with a considerable margin: Kris Canekeratne, CEO, VirtusaPolaris
The company is focused on two areas. On one side we are investing in digital transformation initiatives to help our clients expand the addressable market and on the other, we are focused on reducing their cost of operations.
Servion Global appoints Sameet Gupte as CEO
Gupte replaces Balakrishnan K who has been elevated to Executive Vice-Chairman of Servion's Board, plans to focus more on US and UK market.
IIT Kharagpur’s Vinod Gupta School of Management sees jump in CTC to Rs 14.01 lakh for final placements
Despite batch strength almost doubling from last year, 98% of the students were placed in the first phase of placements.
VirtusaPolaris launch new brand identity
Polaris competes with Indian offshore players and is predominantly a banking and financial services-focused software services company.
VirtusaPolaris to help clients cut business costs
The focus for the future will be to help clients in the BFSI space with two core issues reducing the cost of running their business.
VirtusaPolaris, WorkFusion tie-up to deliver robotic automation to banking and financial sectors
This 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 partnership
Japan-based Hitachi and IT firm Virtusa Corporation have entered into a partnership to provide joint services to their global clients and the broader market.
Virtusa rejigs Polaris board post acquisition
The company announced resignation of members who were a part of Polaris board. Virtusa CEO Krishan Aruna Canekeratne has been appointed to board as addl director.
Virtusa reconstitutes Polaris board post acquisition
Having completed the acquisition of a majority stake in Polaris Consulting & Services, Virtusa has announced a change in the composition of the board of directors.
Virtusa to launch Rs 590-crore open offer for Polaris from March 11
Virtusa, which has acquired a majority stake in Polaris Consulting & Services, will make an open offer of Rs 590 crore to acquire additional 26 per cent stake in the company.
Virtusa gets CCI nod to acquire 53% stake in Polaris
The combination is expected to help Virtusa provide end-to-end global banking and financial services and pursue larger consulting and outsourcing opportunities.
Polaris Consulting reports 6.9% decline in Q3 net profit
Digital transformation solutions provider Polaris Consulting and Services has recorded a 6.9 per cent decline in net profit at Rs 36.5 crore for the third quarter to December.
Virtusa to introduce gamified engineer management system at Polaris
Revenue synergies are also part of the reason Virtusa is confident that it will grow above industry growth rates level despite its now much larger base.
With Polaris, Virtusa can pursue larger, deeper engagements: Kris Canekeratne, Virtusa CEO
Kris Canekeratne said that together they are a fairly large and formidable player in financial services, with BFS revenues north of $470 million.
US-based Virtusa to buy 53% stake in Polaris Consulting for Rs 1,173 crore
US-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 million
Shares of Polaris Consulting surged over 4% after reports that the promoters of the company are likely to announce sale of the company to Virtusa.
Virtusa Corporation eyes Polaris Consulting in a $350 million deal
Virtusa'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 services.
Five ways to deal with a breakdown in communication with the boss
Communication is key in any kind of relationship — personal or professional. A breakdown in communication can hamper an individual's productivity.
Five ways to deal with a breakdown in communication with the boss
A breakdown in communication can hamper an individual’s productivity as well as that of the organisation, and should be resolved at the earliest.
Wipro, HCL in race for Sebi's fraud detection system upgrade
It is used for speedy analysis of trade data to identify possible violations like insider trading, share price manipulation & front running.
Virtusa Corporation bags outsourcing contract from British Telecom
Going forward, BT's contribution is set to fall significantly, according to a senior Tech Mahindra executive familiar with the developments.
Load More
