Persistent Systems has posted good numbers led by strong revenue growth in the alliance division. In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of the company spoke about the results and his outlook going ahead.

Setback for IT companies: Here's how industry experts are viewing H-1B visa woes

Reports 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.

Have stronger expectation from second half of FY18, says Persistent Systems

Persistent Systems posted numbers with revenue and margins in-line led by the digital and enterprise segment.

Expect double-digit revenue growth in FY18: Persistent Systems

In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems spoke about the results and his outlook for the company.

TCS share buyback will put pressure on other IT firms: Analysts

India's largest software company confirmed this morning that it would consider doing a buyback on February 20.

See significant growth in digital next quarter: Persistent

Persistent Systems came out with Q3FY17 results which met street expectations. In an interview to CNBC-TV18 Anand Deshpande, Founder, MD & CEO of the company said margins grew better than topline for the quarter ended December.

Expect second half of FY17 to be positive: Persistent Systems

In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems said that intellectual property (IP) business is traditionally weak in Q2.

Optimistic on demand outlook in FY17: Persistent Systems

Persistent Systems reported a 3.6 percent rise in rupee revenue to Rs 701.8 crore while its profit after tax fell 9.3 percent to Rs 73.2 crore. However, the company‘s margins contracted by 80 basis points to 15.1 percent in the first quarter.

IBM deal to put 200bps pressure on margins in FY17: Persistent

The deal with IBM contributed 8 percent to Persistent's revenue in Q4. Expect it to increase to 15-20 percent in FY17, says Anand Deshpande, MD and CEO of the company.

IBM tie-up to contribute 15-20% to revenue in FY17: Persistent

Anand Deshpande, Founder & CEO of Persistent says the deal will also add close to 500 employees which includes experts from IBM.

Mar quarter to be better; positive on deal pipeline: Persistent

Anand Deshpande, Founder, MD & CEO, Persistent Systems, says the third quarter saw a volume growth of 1.9 percent and a price growth of 1.1 percent.

Persistent buys Citrix, says working on larger deal pipeline

Anand Deshpande, Founder, MD and CEO, Persistent Systems says the products are powered by Apache CloudStack.

To maintain 10-12% $ revenue growth in FY16: Persistent Sys

Anand Deshpande, founder, MD & CEO says that the company is on lookout for more acquisitions to expand its customer base.

Persistent System Inc acquires US-based Akumina

Persistent is looking for more such acquisitions in the digital transformation business, says Anand Deshpande, CMD & CEO of Persistent System.

Expect FY16 dollar revenue growth over 10-12%: Persistent

The contribution of acquired assets was 2.8 percent in Q2, says Anand Deshpande, chairman and managing director of Persistent Systems, adding,dollar revenue numbers will be better in the second half of the year with the acquisition of Ireland based Aepona Holdings

Indian IT victim of success, start-ups next big idea: Pai

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.

Persistent Systems warns on Q1 profit, says Q2 on track

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.

IT cos likely to grow in low double digits: Mohandas Pai

According to Pai, management transformation is the key to success for the IT companies now.

New clients to aid revenue growth in FY16: Persistent Sys

Anand Deshpande,CMD & CEO, Persistent Systems is optimistic on revenue growth after adding 51 new accounts in fourth quarter.

'Slippage in Q4 to lead to FY15 guidance miss; +ve on FY16'

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

Hope to maintain 20% PBT margins in FY15: Persistent Sys

Mid-tier IT firm Persistent Systems declared its consolidated dollar revenues grew 4.2 percent sequentially to USD 79.5 million -- a growth of 13.7 percent year-on-year, filings to the exchanges showed today.

To maintain 15% growth in FY15: Persistent Systems

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.

FY15 growth to be better than FY14: Persistent

Discussing the company‘s earnings details, Anand Deshpande, CMD & CEO, Persistent Systems, said the margins were under pressure due to wage hike and higher SG&A expenses.

CloudSquad deal to accelerate social platform: Persistent

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

Services biz growth of 3-4% Q-o-Q sustainable: Persistent

According to Deshpande, the company has extra levers for margins growing further and its newer offerings in services business has led to outperformance.