A meeting of the Board of Directors of Polaris Software Lab Ltd will be held on January 28, 2003 to consider and take on record the unaudited financial results for the quarter ended December 31, 2002.
IT offshoring major Polaris Software said on Thursday it has launched a nearshore application development centre and a global performance engineering and certification lab in Mississauga, Canada.
Polaris Software was cause for cheer on Wednesday and much of that was due to its inclusion in the final list of scrips added in the derivatives segment.
Polaris Software Lab Ltd entered into a partnership with Deutsche Leasing, German leasing firm, for movable assets.
Polaris Software Lab Ltd and Germany-based Deutsche Leasing group entered into a partnership for product based solutions.
The Chennai-based information technology company Polaris Software Lab is looking at establishing a new office in China, which would help the company consolidate its presence in the South East Asian market.
Polaris to set up development facility in Hyderabad
Polaris Software Lab Ltd on Thursday said it will set up a banking and financial Application Certification Centre in Belfast, Northern Ireland, assisted by Invest Northern Ireland.
IT majors Cognizant Technology Services and Polaris Sofware Lab are looking at ramping up their Toronto operations as part of a strategy to use Canada as a near-shore option for clients in the US.
The purchases, made through the open market on June 11, will take OrbiTech's holding in Polaris to 6.21 per cent, it said.\n\n\n\n
Leading global provider of banking, insurance and financial technology solutions, Polaris Software Lab Ltd on Monday said UK-based Llyods TSB has selected its 'Intellect Suite' as the banking solution for the international cash management offering.
Polaris Software Lab Ltd's board on Monday recommended initiating 'arbitration proceedings' in Singapore to resolve the commercial disputes with Bank Artha Graha.
Scared by the experience in Jakarta, Polaris Software labs has decided not to do any business in Indonesia at least for a year and is considering arbitration against Indonesian Bank Artha Graha in Singapore on the dispute with it.
Polaris Software Lab Ltd has posted a net profit of Rs 52.16 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 152.99 million in the quarter ended December 31,2001.
Citi may sell 5-6% of Polaris Soft to investor
Chennai-based Polaris Software Lab Tuesday said it is hopeful of an early release of its CEO Arun Jain who was "detained" on Friday in Jakarta in connection with a commercial dispute.
Chennai-based financial services technology company, Polaris Software Lab, has come out with a new technology that would allow insurers to sell their products and collect renewal premium through ATMs. The company is in talks with two insurers for implementing its solution.
After selling Polaris to Virtusa, Arun Jain will focus on Intellect Design, play the role of mentor and angel investor, and pursue his interests in healthcare and education.
'If they are not ready for a 10 to 20 year journey, they should not become entrepreneurs.'
A company with a size exceeding $1 billion finds it really hard to innovate.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
Sensex closed over 118 points down on Thursday.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
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