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Dec 27, 2017 12:02 PM ISTReports suggest that the US Department of Homeland Security is readying a proposal that will make getting H-1B visas more difficult. In an interview to CNBC-TV18, Sudin Apte, CEO & Research Director at Offshore Insights and Sameer Bendre, Chief People Officer at Persistent Systems shared their views and readings on the same.
Feb 16, 2017 09:28 AM IST India's largest software company confirmed this morning that it would consider doing a buyback on February 20.
Mar 18, 2016 01:12 PM IST Anand Deshpande, Founder & CEO of Persistent says the deal will also add close to 500 employees which includes experts from IBM.
Jan 12, 2016 12:20 PM IST Anand Deshpande, Founder, MD and CEO, Persistent Systems says the products are powered by Apache CloudStack.
Dec 07, 2015 12:34 PM IST Anand Deshpande, founder, MD & CEO says that the company is on lookout for more acquisitions to expand its customer base.
Nov 17, 2015 10:41 AM IST Persistent is looking for more such acquisitions in the digital transformation business, says Anand Deshpande, CMD & CEO of Persistent System.
Jul 20, 2015 11:04 AM IST Appearing on CNBC-TV18's special edition from Bengaluru, Chairman of Manipal Global Education TV Mohandas Pai says the world has changed since it has got a very stable IT platform.
Jun 24, 2015 01:55 PM IST Persistent is targeting to maintain its profit before tax (PBT) margins at 18-20 percent this year by a strategy shift. The company will now sell its products to enterprise instead of independent software vendor (ISV) clients, Mritunjay Singh, ED and COO of Persistent said.
May 05, 2015 10:40 AM IST According to Pai, management transformation is the key to success for the IT companies now.
Mar 16, 2015 09:33 AM IST Persistent Systems is expected to clock ‘muted‘ growth this quarter, a development that will likely result in the company missing its full-year dollar revenue growth target of 15 percent, founder and CMD Anand Deshpande told CNBC-TV18
Nov 26, 2014 01:24 PM IST Anand Deshpande, CMD & CEO, Persistent Systems credits it to company‘s early investment in SMAC i.e. Social, Mobile, Analytics and Cloud. In an interview to CNBC-TV18, he says 50 percent of its revenues are from newer technologies.
Feb 06, 2014 01:45 PM IST According to Mritunjay Singh, the funding will primarily be done through internal accruals and is therefore, completely a cash deal which is upfront payment and is very niche
Dec 19, 2013 01:39 PM IST As the demand trends for the IT industry looks strong, the company believes it can beat NASSCOM guidance for FY14.
Nov 22, 2013 12:20 PM IST Rohit Kamat, company CFO expects to report good growth in revenue and margins in the second half of the fiscal, subject to vacation time and currency impact.
Jun 12, 2013 05:30 PM IST Persistent Systems profits and margins have not been affected by rupee depreciation as the company hedges some of its revenues and will continue to adopt that strategy.
Dec 23, 2011 04:04 PM IST Speaking to CNBC-TV18, chief executive of Persistent Systems, Anand Deshpande says that they revised guidance downwards because they have a better understanding of the problems of the business now.
Jun 22, 2011 02:47 PM IST Anand Deshpande, Founder, CMD, Persistent Systems in an interview with CNBC-TV18 said that the company is not seeing any slowdown in terms of any of customers reducing specific budgets. It says that the revenue targets are on track and aims to maintain profit before tax margins this year.
