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CMC Ltd.

BSE: 517326 | NSE: CMC | Series: NA | ISIN: INE314A01017 | SECTOR: Computers - Hardware

BSE Live

Sep 29, 16:00
2033.80 0.00 (0.00%)
Volume
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  • Prev. Close

    2033.80

  • Open Price

    2020.00

  • Bid Price (Qty.)

    2033.80 (1)

  • Offer Price (Qty.)

    2038.90 (158)

CMC is not traded on BSE in the last 30 days

NSE Live

Sep 29, 15:56
2032.25 0.00 (0.00%)
Volume
No Data Available
0
  • Prev. Close

    2032.25

  • Open Price

    2020.00

  • Bid Price (Qty.)

    2032.25 (293)

  • Offer Price (Qty.)

    0.00 (0)

CMC is not traded on NSE in the last 30 days
Company History - CMC
1975
 
 - The Company was incorporated on 26th December at Andhra Pradesh. 
 The
 Company was instrumental in developing an indigenous base for
 computer
 know-how in the country by offering users the complete range of
 computer support services.  It provide IT based services and turnkey
 solutions connected with all aspects of computers and
 communications.
 
 - The Company entered other areas of computers and communications
 related services like systems consultancy and design, systems
 integration soft ware development, data communication and networking
 providing total solution to specific needs of clients.
 
 1978 
 
 - It took over the maintenance of over 800 IBM data processing and
 computer installations in the country in June and later started
 maintaining systems of other manufacturers as well.
 
 1992
 
 - The major projects undertaken by the company were (i)
 `Coals-rails'
 project for Coal India Ltd.; (ii) Pipeline Monitoring and leak
 detection SCADA system for ONGC; (iii) Turnkey SCADA system for NTPC
 for their generation data acquisition and Monitering; (iv) A
 comprehensive Container and Cargo Management system for the Port of
 Fujairah; (v) Import Export Cargo Management system for the
 international Airports Authority of India and (vi) Technology
 updation/modernisation project for UTI.
 
 - 25,27,800 shares were disinvested by the Govt. in favour of GIC
 and
 its subsidiaries at face value.
 
 1993
 
 - Major International Contracts were signed with CMC' Crystal
 package
 to Jordan Phosphate Mining Company, CMC's MACH-Container Terminal
 Management System to Port of Penang in Malaysia, ICIM, India Saudi
 Business Machines, Saudi Arabia for software and professional
 services,
 Extension order for software project with HRMS Oman, Contract with
 RITSEC Egypt for providing professional IT Training Services in
 Egypt,
 A two year consultancy contract with State Commercial Bank,
 Mauritius.
 
 - The Major projects undertaken were (i) A user friendly foreign
 exchange and trade finance package called Bank vision; (ii) A
 State-of-the-art-on-line integrated retail banking package the Total
 Concept system version 4; (iii) Materials and Maintenance management
 project for TISCO; (iv) A project to facilitate allocation of coal
 to
 customers for Eastern Coalfields Ltd.; (v) A sample testing,
 monitoring
 and recording system at the National Test house with high user
 satisfaction; (vi) Installation of CDC 870, CDC 930 systems and NCR
 3550 at CMC Private STP, Gachibowli; (vii) Installation of
 CYC/R(Cyclone)/Integrity a Fault Tolerant Tandem Maintenance. 
 (viii)
 MESIEA (Message Simulation Error Analysis) software for
 LRDE-Bangalore.
 
 1994 
 
 - The Company undertook a major restructuring exercise to give focus
 to
 the main line of activities.  Five Strategic Business Units viz.
 Customer Services, System Integration, International, Education &
 Training and Indonet have been formed.
 
 - Major International contracts signed during the year were (i)
 Contract for Computer Based Training packages to the European market
 place through Electrovision, UK; (ii) Contract for onsite and
 offshore
 software development for specialised tunnelling software for Amberg
 Measuring Technique, Switzerland, (iii) Contract for support
 services
 in India and 20 other countries in Middle East for Photogrammetry
 equipment supplied by Swiss multinational Leica.
 
 - Another major contract entered by the company was with M/s. 
 Linktek
 of Canada for development of Freebalance Financial System.
 
 - Major projects undertaken by the company were (i) The screen based
 Stock Trading System for BSE; (ii) Across the Counter sales of unit
 Certificate for UTI; (iii) Jacket Inspection system for ONGC; (iv)
 Container Terminal Control System for BPT; (v) CMCMAIL package for
 Chennai Stock Exchange; (vi) ELINT Ground processing and Display
 system
 project for DLRL; (vii) Corporate Information System for Neyveli
 Lignite Corporation; (viii) On-line integrated information system
 for
 Tamilnadu Newsprint & Papers Ltd.; (ix) Integrated Management system
 for Assam Oil; (x) Commercial/business system based on sybase and
 Power
 Builder for IBP; (x) Customised implementation of AMIGAS system for
 weather forecasting; (xii) Materials management, Track and Trace
 system
 for speed post, Department of Posts; (xiii) Integrated Container
 Management system for Tuglakabad Inland Container Depot; (xiv)
 Integrated Cargo Management system for IAAI; (xv) Development of
 front-end software.
 
 1995 
 
 - The Major projects undertaken were: (i) On line screen based
 Trading
 system for Calcutta Stock Exchanges; (ii) Integrated Information
 system
 for Games Management for the South Asian Federation Games at Chennai
 and the Sixth African Games at Zimbabwe; (iii) EREB-SCADA
 Augmentation
 project facilitating centralised monitoring of generation data from
 various generating stations; (iv) Automatic Message Switching system
 for India Meteorological Department; (v) On-line computerisation of
 Front office banking operations at Andhra Pradesh using the product
 `Bank View'; (vi) Development of software for reconnaissance,
 direction
 finding and frequency monitoring for a critical Electronic Air
 Warfare
 project undertaken by a premier Defence lab; (vii) Computerisation
 of
 Materials Management, Maintenance Management etc. for GSFC and GNFC.
 
 1996 
 
 - A 3 year contract for development/support work for Linkteks `Free
 Balance' Financial Management system was signed.  Total Concept
 Solution (Version 4) was launched by the Company.
 
 - The major projects undertaken by the company were: (i)
 implementation
 of VECTOR for Ludhiana, Cochin, Coimbatore, Indore and Baroda
 Regional
 Stock Exchanges; (ii) Large value turnkey software projects for
 Indira
 Gandhi National Open University, Airport Authority of India and
 Power
 Finance Corporation; (iii) Irrigation project for Teesta River in
 West
 Bengal; (iv) UNIFACE based software project for Linktek Corporation
 of
 Canada; (v) Computerisation project for National Games at Bangalore;
 (vi) Upgradation and replacement of Load Dispatch system for Andhra
 Pradesh & Tamilnadu State Electricity Boards etc.
 
 1997
 
 - Augmenting the existing systems were received from the Railways
 and
 the NSE.
 
 - The Company tied-up with BaaN one of the world's largest ERP
 solution
 provider and the company received an order for implementation of ERP
 from Semi Conductor Ltd, Punjab.
 
 - CMC and Baan signed an agreement under which the former will
 market
 the ERP package developed by Baan.
 
 - The State Bank Institute of Information Communication and
 Management
 (SBIICM), in collaboration with CMC Ltd, has set up intranet to
 access
 various databases set up within the organisation.
 
 - Sun Microsystems, the $8 billion US networking company, has roped
 in
 CMC Ltd, a government of India enterprise, to set up the first
 competency centre for development of Sun's Java technologies in
 association with the Department of Electronics (DoE) and Nasscom,
 the
 nodal agency of software companies.
 
 - CMC Ltd, was awarded the Techies 97 award for the best maintenance
 company, in recognition of providing quality maintenance services in
 the fields of hardware, networking and operational services like
 facility management.
 
 - The ports of Bremerhaven and Eurokhai in Hamburg (Germany) have
 signed agreement with the CMC.
 
 1998 
 
 - CMC set up an ERP development centre in Calcutta in collaboration
 with Baan of the Netherlands.
 
 - CMC Ltd, the premier information technology company, launched
 India's
 first insurance application software package Genisys.
 
 - The public sector CMC Ltd. will set up a very-small aperture
 terminal
 (V-Sat) hub in Hyderabad to cash in on the booming industry.
 
 - CMC has also set up a software development and competence centre
 in
 Calcutta which would continue to design and develop products for the
 insurance industry.
 
 - CMC also wants to establish a wholly owned subsidiary in Europe
 and
 this is most likely to be established in the UK.
 
 - India On-Line (P) Ltd. (IOL), the proposed joint venture between
 the
 MTC consortium and CMC Ltd, is to now function as a wholly-owned
 subsidiary of MTC and will be based in New Delhi.
 
 - CMC recently signed an agreement with the New India Assurance Co.
 to
 provide a software application package.
 
 1999 
 
 - CMC Limited signed an agreement with ITI Limited to implement an
 Enterprise Resource Planning software at the companies facility at
 Mankapur in Gonda district.
 
 - Three of General Insurance Corporation's subsidiaries are in talks
 with CMC Ltd. for adopting Genisys, the general insurance software
 system developed by it.
 
 - The Department of Electronics (DoE) is setting up a Centre for
 Electronic Commerce in Hyderabad, to be housed and managed by the
 public sector Computer Maintenance Corporation (CMC) Ltd. in its
 Gutchi
 Bowli campus.
 
 - CMC Ltd. has signed a memorandum of understanding with Bharat
 Bhari
 Udyog Nigam Ltd. (BBUNL) to implement ERP (enterprise resource
 planning) across the 10 subsidiaries of the group.
 
 - CMC also owns a 100 per cent subsidiary in the US, Baton Rouge.
 
 2000
 
 - The Company and Research Engineers Pvt Ltd, a subsidiary of
 Research
 Engineers Inc of the US have entered into a collaboration with
 deemed
 university, Bengal Engineering College, to introduce a M Tech course
 in
 information technology (IT).
 
 - The Company has announced the introduction of its new e-DAST
 program.
 
 - P. K. De has been appointed as director (technical) of information
 technology major CMC Ltd.
 
 - CMC Limited has been awarded the Platinum award for Best System
 Integrator Partner by Compaq India.
 
 - CMC has entered into a strategic tie-up with Oracle India to offer
 Oracle Education Creer Programme.
 
 - CMC Ltd. has designed and developed a Website for the municipal
 corporation of Delhi.
 
 2001
 
 -The Government invited bids for privatising computer Hardware major
 CMC Ltd.
 
 -TCS, Wipro and H-P have submitted Expression of Interest for picking
 up
 government's stake in CMC Ltd.
 
 -Institute for Development and Research in Banking Technology along
 with CMC Ltd,
 is now evolving the required technology that will enable domestic
 banks to foray
 into electronic commerce in a big way.
 
 -The president of India has appointed Shri Y S Bhave, Joint Secretary
 and Financial
 Advisor, Ministry of Information Technology on the Board of the
 company as the
 part time official Director.
 
 -CMC Ltd has developed a range of applications covering the entire
 gamut of banking
 and insurance sectors,including software solutions for electronic
 payment gateways
 and e-cheques.
 
 -Government has sold 51% of its stake in State-run computer software
 and maintainence
 firm CMC toTata Sons for Rs.152crs.
 
 -Tata Sons has invited Shardul S Shroff, managing partner of law firm
 to join the board
 of CMC Ltd.
 
 -CMC reconstituted its Board of Directors:
 Mr.S Ramdorai, Chairman
 Mr.S S Ghosh, Managing Director
 Mr Ishaat Hussain, Director
 Mr R Ramanan, Director
 Mr Y S Bhave, Government Nominee
 
 2002
 
 -Tata's stocks are valued at more than Rs.320cr in CMC Ltd.
 
 -Kerala State Electronics Development Corporation has signed a
 Memorandum of Understanding with CMC Ltd for implementing advanced IT
 solutions for power systems.
 
 -CMC Ltd has signed a MoU with Hyderabad based Jawaharlal Nehru
 Technology Unviersity
 to provide IT training and soft skills for engineering college
 students in new and emerging 
 technologies.
 
 -TCS and CMC together have bagged a Rs.84cr contract from a US
 country for outsourcing 
 IT services.
 
 2003
 
 -CMC Ltd has declare that it has build up Games Management Software
 that facilitates
 management of mega sporting events by processing large data and helps
 disseminate
 information.
 
 -CMC Ltd has obtained order to implement the state's pretigious
 commercial tax computerization and networking project.
 
 -National Bank of Bahrain has signed a contract with CMC Ltd for the
 installation and
 implementation of CMC core banking solution.
 
 -CMC has developed and implemented a PDA-BASED Healthcare project
 called
 India Health Care (IHC) in Nalgonda District of Andhra Pradesh.
 
 -CMC Ltd has obtained orders worth Rs.150crs in various sectors like
 banking, port, cargo, railways and e-governance projects, both from
 domestic and overseas market.
 
 -CMC has also successfully unveiled its Total Concept of Banking
 System(TC/4)
 at the 55th branch of United Western Bank.
 
 -Mr Y S Bhave, Director of the company has resigned.
 
 -Mr. R Chandrasekhar, Joint Secretary, Department of Information
 Technology, Ministry of Communications and Information Technology,
 has been appointed as Director of the company with effect from
 December 04, 2003.
 
 -Mr. S S Ghosh has completed his term as Managing Director & CEO on
 December 12, 2003. Mr. R Ramanan, who was Dy. Managing Director & COO
 of the company, has been elevated as Managing Director & CEO w.e.f.
 December 13, 2003.
 
 -Xilinx Inc on February 25, 2004 announced a strategic partnership
 with CMC Ltd. The new Xilinx - CMC India Development Centre (XIDC) in
 Hyderabad is being established to develop field programmable gate
 array (FPGA) solutions targeted at high-growth markets, such as
 digital consumer electronics, automotive and communications.
 
 2004
 
 -Govt. of India offloads its remaining equity in CMC Ltd. by selling
 3.98 million shares through public issue at a price of Rs 485 per
 share
 
 -
 -Tata Sons has transferred its entire 51.12 per cent equity stake in
 CMC to group company Tata Consultancy services (TCS) for Rs 380 crore
 at Rs 490.5 a share.
 
 -CMC Limited has launched a new training programme called EDGE -
 Essential Diploma for Graduate Engineer, a placement-oriented
 training programme catering to requirements of both IT companies and
 job aspirants
 
 - Equity shares of CMC Ltd delisted from Hyderabad Stock Exchange
 from June 3.
 
 -EMC Corporation has appointed CMC as its systems integrator partner
 and provider of IT services to offer information storage solutions in
 the Indian market
 
 2005
 
 -CMC in alliance with SAS
 
 2006
 
 -WebEx joins hand with CMC
 
 2008
 
 - CMC Ltd has informed that Ms. Kalpana Morparia has been appointed
 as Independent Director on the Board of the Company with effect from
 March 11, 2008.
 
 2010
 
 - CMC Ltd has informed that Mr. S. Mahalingam has been appointed on
 the Board of Directors of the Company with effect from January 14,
 2010 as the Non-Executive Director.
 
 2011
 
 -CMC appoints Mr Sudhakar Rao, a retired IAS officer as Independent
 Director.
 
 -CMC conferred with Certificate of Recognition by ICSI for excellence
 in Corporate Governance
 
 -CMC has given the Bonus in the Ratio of 1:1
 
 2012
 
 -CMC Wins the Golden Peacock Innovative Product / Service Award -
 2011.
 
 -CMC's Generation Control Room Project for Mahagenco bags the
 eMaharashtra Award 2012.
 
 -Fuel Pilferage Prevention System designed by CMC for Indian Oil
 Corporation Ltd wins eWorld 2012 Award for Best use of ICT for Public
 Sector Units.
 
 -Intelligent Transport System designed by CMC for Karnataka State
 Road Transport Corporation wins eWorld 2012 Award for Best ICT
 enabled Urban Governance Initiative of the Year.
 
 -CMC Wins Golden Peacock HR Excellence Award 2012 .
 
 -CMC wins the Best Business Process Excellence Program award at the
 Global Awards for Excellence in Quality Management and Leadership.
 
 -CMC wins the Best of Breed HR practices Award 2012.
 
 2013
 
 -CMC Academy launches new Education and Training Centre in Nagpur.
 
 -NSDC and CMC Limited sign MoU to train J&K youth for global IT
 Industry.
 
 -CMC wins TV5 Business Leader Award in Information Technology
 Sector.
 
 -CMC Limited and Unitec, New Zealand launched two vocational
 education programs in India.
 
 -CMC wins Golden Peacock Business Excellence Award.
 
 - CMC expands its education network in Delhi NCR.
 
 -CMC Awarded Certificate of Recognition for Excellence in Corporate
 Governance by ICSI.
 
 2014
 
 -CMC Awarded Certificate of Recognition for Excellence in Corporate.
 
 -CMC Limited amalgamate with TCS.
 
 -CMC awarded Certificate of Recognition by ICSI.
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