Tag «Chairman and Managing Director»

Persistent Systems Q2FY15 Revenue grows sequentially 6.7% to INR 4,642 Million and PAT grows to INR 713 Million

Pune, India and Santa Clara, CA – Oct 18, 2014: News Summary: Persistent Systems (BSE & NSE: PERSISTENT), today announced the Company’s audited financial results for the quarter ended Sep 30, 2014, as approved by the Board of Directors. Consolidated Financial Highlights for the Quarter ended September 30, 2014: Particulars Q2 FY15 Q-o-Q growth Y-o-Y growth …

World Economic Forum and CII to Host India Economic Summit in November

World Economic Forum and Confederation of Indian Industry (CII) will host India Economic Summit in New Delhi from 4 to 6 November 2014 It will be the first big international meeting in India with newly elected government Over 800 participants are expected to attend For more information about the meeting please visit: http://www.weforum.org/india Geneva, Switzerland, 25 …

42nd National Convention of Company Secretaries INAUGURATED AT Kolkata

Kolkata, 21st August 2014:  Hon’ble Member of Parliament, Dum Dum , Kolkata, Prof. Sougata Roy, inaugurated the 42nd National Convention of Company Secretaries on the Theme CS- Change. Challenge. Opportunity., being organised by Institute of Company Secretaries of India (ICSI) at Kolkata today. In his Inaugural Address, Prof Sougata Roy, Hon’ble MP, Dum Dum, Kolkata, …

Persistent Systems Expands its Presence in Goa

Goa, India – May 30, 2014:  Persistent Systems (BSE & NSE: PERSISTENT), the leader in software product and development services today announced the opening of a new office building adjacent to the existing one in Verna, Goa. The new building is fully constructed and measures 3000 square meters. This doubles the existing area and the …

Lenders approve Gujarat NRE Coke Ltd’s CDR proposal

Kolkata, 25th March 2014: Gujarat NRE Coke Ltd (GNCL) has received the formal approval for the restructuring of the debts, from the Empowered Group of Corporate Debt Restructuring Cell (CDR). The salient features include: Debt restructured for 10 year door – to  – door, with two year moratorium and ballooning repayment Funding of interest for …

IDG Ventures India and Ascent Capital invest in Newgen Software

Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) solutions has raised equity capital from IDG Ventures India and Ascent Capital. Avendus Capital was the financial advisor to the transaction. The investment will be used to strengthen presence in USA and other major developed …