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Datamatics Global Services 9MFY12Net Sales up 59.5 Percent at Rs. 324.2 crore 2012-01-31 Datamatics Global Services announced the financial results for the third quarter ended as on December 31, 2011. The company's net sales increased by 59.5% from Rs. 203.31 crore for 9MFY11 to Rs. 324.20 crore for 9MFY12.
PTC Announces Strong Q1 Results, Increases FY'12 and Long-Term Targets 2012-01-27 PTC, today reported results for its first fiscal quarter ended December 31, 2011. PTC also announced an organizational realignment and restructuring to drive long-term growth and enhanced profitability.
Tata Communications Q3 Gross Revenues Grow 19 Percent 2012-01-27 Tata Communications reported that consolidated gross revenues were at Rs. 36,041 million in the quarter ended December 31, 2011, up 19% from the Rs. 30,180 million reported in the same quarter last year.
Greenlight Technologies Continues Impressive Growth and Expansion in 2011 2012-01-25 Greenlight Technologies, a leader in continuous, real-time enterprise business control monitoring software, announced today its operating results for fiscal year 2011. The company realized significant growth in sales bookings, revenue...
SAS achieves double-digit growth, rockets 12 percent to record $2.725 billion 2012-01-24 SAS, the leader in business analytics software and services, achieved record global revenue of $2.725 billion in 2011. SAS marked double-digit growth in its 36th profitable year as organizations sought to uncover business opportunity...
NIIT Technologies reports 44 Pct revenue growth and 34 Pct rise in Net Profits during Q3 FY12 2012-01-18 NIIT Technologies, an IT solutions organization, today announced its consolidated financial results for the quarter ended December 31, 2011, with a revenue increase of 44% over the same period last year to Rs. 433 crores.
MindTree's Q3 Revenue grows 2.3 Pct QoQ and 21.6 Pct YoY in USD terms. PAT increases 79.8 Pct YoY and stable QoQ 2012-01-18 MindTree Limited, a global IT and Product Engineering Services Company, announced its consolidated results today for the third quarter ended December 31, 2011 as approved by its Board of Directors.
Infosys Reports Q3 Revenues of Rs. 9,298 crores, up 30.8 Percent 2012-01-12 Infosys announced its results for the third quarter ending December 31, 2011. Revenues for the quarter were Rs. 9,298 crores, up 30.8% from the same period last year and 14.8% from the previous quarter.
Infinet Financial Systems and Teletronics to Merge 2012-01-03 Infinet Financial Systems (Group Holdings) Pte. Ltd. and Teletronics Dealing Systems Pvt. Ltd. are pleased to announce a merger, which will take effect on the 4th of January 2012 whereby Teletronics will be absorbed...
StyleAdda.com valuation touches new record, crosses US $310 million 2011-11-28 StyleAdda.com, India's largest upcoming online shopping mall touched new record of valuation as a bunch of private equity investors from Dubai has offered US $31 million or INR 161 crore for a 10% stake...
Dealsandyou.com Closes $17 Million Funding Round 2011-11-09 dealsandyou.com (a Smile Group Venture), one of India's largest daily deals sites, announced the closing of a US $17 Million round of funding, led by Mayfield Fund and Norwest Venture Partners.
IBS Acquires Moveo Systems (P) LTD 2011-11-03 IBS Software, a provider of IT solutions to the Travel, Transportation and Logistics industry, has acquired Moveo Systems, a Bangalore-based company developing human interaction solutions for airports and enterprises.
Infotech Enterprises Q2 results for FY 2011-2012 - PAT at Rs. 307.4 million for the quarter 2011-10-19 Operating profit at 586 million, highest ever quarterly operating profit, an increase of 35% over 435 million for previous quarter and an increase of 28% over 457 million for Q2 of previous year.
COMPAREX Acquires Indian Software and Services Expert IRIS Unified Technologies 2011-10-18 The COMPAREX Group has taken another strategic step forward in pursuit of its international growth strategy by acquiring Indian software consulting and technology services specialist IRIS Unified Technologies Pvt. Ltd.
A Milestone Quarter: MindTree's Q2 Revenue crosses $100 million. People Strength crosses 10,000 MindTree Minds 2011-10-17 MindTree Limited, a global IT and Product Engineering Services Company, announced its consolidated results today for the second quarter ended September 30, 2011 as approved by its Board of Directors.
Hitachi Concludes Formation of Alliance with Hi-Rel Electronics, India 2011-09-30 Hitachi Ltd. and Hi-Rel Electronics today announced closing of a transaction under which Hitachi has made a majority equity investment in Hi-Rel, in a move to strengthen Hitachi's and Hi-Rel's power electronics business in India.
Opera Solutions Secures $84 Million In Growth Capital 2011-09-14 Opera Solutions, an applied Big Data analytics company, today announced its first outside equity funding, an $84 million minority investment led by Silver Lake Sumeru, with participation from Accel-KKR, Invus Financial Advisors...
ICSA Income from Operations up by 13.45 Percent in Q1 of FY 2011-12 2011-08-12 ICSA (India) Ltd., a provider of embedded technology solutions and infrastructure deployment services for the power sector, announced its unaudited financial result with a 13.45% rise in Income from Operations at Rs. 348.53 Cr...
Mindteck Q1 FY 2011-12 RESULTS 2011-08-12 Mindteck (India) Limited (BSE: MDTK), a global product engineering and IT solutions company, today announced its financial results for the first quarter ended on June 30, 2011.
Globals secures funding from 2 strategic foreign investors 2011-07-14 Globals ITeS, which specializes in developing technology solutions for the Education space along with Web, e-Commerce, and Mobile based solutions, has secured strategic investments from two strategic investors...
MakeMyTrip Limited Announces Pricing of Public Offering for 5.24 Million Ordinary Shares 2011-05-27 MakeMyTrip announced that it has priced its public offering of 5,244,000 ordinary shares at a price of $24 per share. Of the total offering of 5,244,000 ordinary shares, 1,450,000 ordinary shares were offered by the company.
Agile FT Completes $5.7 Million Series A Financing 2011-05-12 Agile FT a provider of software products and services to the Banking, Financial Services and Insurance space, announced the completion of its $5.7 million Series A financing, led by IDG Ventures India.
NIIT Technologies Net Profits grows 44 Percent for FY 2010-11 2011-05-06 NIIT Technologies announced its consolidated annual results with industry leading growth in revenues and profits for FY 2010-11. Consolidated revenues for the year grew 34.9% over the previous year to 1232.3 Crores...
STEC Acquires Assets of KQ Infotech, Pvt Ltd and Establishes a Strategic R&D Presence in Pune, India 2011-04-19 STEC, a provider of solid-state drive technologies and solutions, announced that STEC India, has acquired certain assets of Knowledge Quest Infotech, a software development company based in Pune, India.
Droisys Inc Acquires Symbioun Solutions India 2011-04-15 Droisys Inc., a leader in technology and business solutions, announced its acquisition of Symbioun India, a product engineering services provider with global clientele and software development operations in Chennai.
3D Systems Acquires SYCODE Software Solutions 2011-04-14 3D Systems, announced that it has acquired SYCODE, a software development company based in Goa, India that specializes in providing plug-ins for all commercially available Computer Aided Design (CAD) packages.
TriZetto sets its footprints in India 2011-03-02 U.S.-based TriZetto, announced its acquisition of Tela Sourcing with a BPO center in Pune and with headquarter at Baltimore. Tela Sourcing provides U.S. and India-based outsourcing capabilities to the healthcare industry.
Union Budget 2011: Reactions from the IT Industry - Part II 2011-03-01 This financial budget, there is nothing to add to the IT/Telecom industry. FM also didn’t talk about the IT exemption under STPI, which most of the IT leaders expected. The increase in MAT by 0.5 % is very marginal.
Union Budget 2011: Reactions from the IT Industry 2011-02-28 The budget of 2011 is largely aimed at continuing the growth momentum seen in 2010. The emphasis has largely been on bridging the digital divide through use of IT and technology.
Prism Informatics Limited - Third Quarter Results Financial Year 2010-11 2011-02-15 Prism Informatics Limited, a software development and IT business consulting services provider, announces its unaudited third quarter and nine months results for financial year 2010-11.
Mahindra Satyam Q3 Revenue up by 3 Percent sequentially at INR 1,279 Crores 2011-02-14 Mahindra Satyam today announced financial results for the third quarter of fiscal year 2011. Financial highlights under Indian GAAP Consolidated for the quarter ended December 31, 2010: Revenue was Rs. 1,279 crores...
ICSA Income from Operations increases by 12.24 Percent in Q3 of FY 11 2011-02-03 ICSA (India) Ltd, (BSE: 531524), provider of embedded technology solutions and infrastructure deployment services for the power sector, reported a increase of 12.24 % in its Income from Operations...
Geometric declares revenues of Rs. 1,632.02 Mn up 7.4 Pct Q-o-Q and 28.6 Pct Y-o-Y 2011-01-24 Geometric Ltd. today announced its Q3 FY 2010-2011 financial results. Highlights for quarter ended December 31, 2010 - Dollar revenues increase to $36.25 million, a Q-o-Q rise of 10.5% and Y-o-Y rise of 33.6%...
GIGABYTE India ends 2010 with a bang, achieves 37 Pct YoY growth in Q4 FY10 2011-01-12 GIGABYTE Technology India Pvt. Ltd, a leading manufacturer of motherboards, today reported a 37% year-over-year (YoY) revenue growth in Q4 FY10, providing a fitting ending to an outstanding year in which ...
Capgemini Acquires India-Based Thesys Technologies 2010-11-29 Capgemini announced that it has acquired India-based Thesys Technologies, a Temenos-Certified Services Partner that provides banking implementation solutions to the global financial services industry.
TRS Forms and Services to Acquire Technology and Digital Solutions Company 360 Digital Media 2010-11-02 TRS Forms and Services, a provider of data capturing and imaging services, today announced that it has entered into an agreement to acquire 360 Digital Media, a technology and digital solutions company in Chennai.
Nucleus Software Announces Q2 FY 11 Results 2010-10-25 Nucleus Software announced its Q2 results for financial year 2010-2011. Nucleus Software's consolidated revenue for the quarter ending September 30, 2010, is at Rs. 70.19 crore in comparison to Rs. 70.75 crore...
NIIT Limited announces Q2 (July-Sept '10) consolidated results 2010-11 2010-10-25 For the quarter ending September 30, 2010, NIIT Limited, leading Global Talent Development Corporation and Asia's largest IT trainer, recorded global system-wide revenue of Rs 574.4 Cr, an increase of 3% YoY...
NIIT Technologies reports robust Q2 growth Net Profits increase 36 Percent over same period last year 2010-10-18 NIIT Technologies Ltd., a leading IT solutions organization, continued its growth momentum with its second quarter result for the quarter ended 30th September, 2010, showing consolidated revenues of Rs.324.6 Crores.
Netmagic Raises Rs. 70 Cr Funding Led by Nokia Growth Partners, Cisco 2010-10-05 Netmagic Solutions, a managed IT hosting services provider in India, announced that it has raised Rs. 70 crores in a financing round led by Nokia Growth Partners and Cisco Systems.

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