Jan 29, 2018 11:58 AM IST
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.
- Dec 27, 2017 12:02 PM IST
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.
- Oct 17, 2017 10:42 AM IST
Persistent Systems posted numbers with revenue and margins in-line led by the digital and enterprise segment.
- Apr 26, 2017 11:23 AM IST
In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems spoke about the results and his outlook for the company.
- 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.
- Jan 23, 2017 11:39 AM IST
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.
- Oct 24, 2016 11:36 AM IST
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.
- Jul 25, 2016 10:31 AM IST
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.
- Apr 25, 2016 10:22 AM IST
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.
- 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 25, 2016 10:18 AM IST
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.
- 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.
- Oct 26, 2015 10:46 AM IST
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
- 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.
- Apr 22, 2015 10:15 AM IST
Anand Deshpande,CMD & CEO, Persistent Systems is optimistic on revenue growth after adding 51 new accounts in fourth quarter.
- Mar 16, 2015 09:33 AM IST
Persistent Systems is expected to clock â€˜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
- Jan 27, 2015 10:48 AM IST
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.
- 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.
- Oct 20, 2014 10:08 AM IST
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.
- 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
- Jan 27, 2014 01:52 PM IST
According to Deshpande, the company has extra levers for margins growing further and its newer offerings in services business has led to outperformance.