Arun Jain

Intellect Design Arena provides digital solutions called "Digital Face" to SMEs. It has 50 clients so far. It also has a payment wallet called "Pay123".

Virtusa to launch Rs 590 cr open offer for Polaris from Mar 11

Virtusa Consulting Services Private Limited has completed acquisition of 51.7 percent stake in Polaris for about Rs 1,136.4 crore from Arun Jain, founder and chairman of Polaris, Orbitech Private Limited, and certain other minority stockholders, Virtusa said in a statement.

Aim to achieve FY16 rev guidance of 26-30%: Intellect Design

Arun Jain, CMD, Intellect Design Arena of the company is confident of achieving annual revenue guidance of 26-30 percent on back of robust deal pipeline.

Polaris insider trading: SEBI orders seizing of Rs 2 crore

According to SEBI, Jain and Srikanth had made the alleged gains to the tune of Rs 1.85 crore and Rs 19.69 lakh, respectively.

Virtusa deal a win-win for staff, customers: Polaris's Jain

Virtusa Corporation has signed a definitive agreement to acquire 53 percent in Polaris Consulting & Services at Rs 220.73 per share

Aim to turn profitable in Q4FY16: Intellect Design CMD

Intellect Design Arena Ltd, a Polaris Group company, has reported a net loss of Rs 7.94 crore for the three month period ending September 30.

Expect 22-26% sales growth in FY16: Intellect Design

Arun Jain, CMD of Intellect Design Arena says the two new overseas deal in core banking solutions will help company break the barriers of trade with America.

Expect company to be cash positive by FY17:Intellect Design

Intellect Design Arena has reported weak set of numbers with a loss of close to Rs 30 crore that they have reported this quarter versus a loss of Rs 16 crore last quarter. Arun Jain, Chairman & Managing Director of Intellect Design Arena spoke about company‘s results.

Expect 20% growth in Intellect Design in coming yrs: CMD

Intellect Design Arena, the demerged BFSI focused product company from Polaris, lists at Rs 69.25 per share today

Saw 9 deal wins; aim for 15-16% EBITDA margin: Polaris

As a testimony to its new strategy, Jain says the company saw nine new order wins during the quarter. Jitin Goyal, CEO of Polaris too adds that the company expects medium-term EBITDA margin in 15-16 percent range.

Will file for Intellect Design listing on Oct 24: Polaris

The company had decided to demerge its product business into an independent entity and on Friday announced that the products company, Intellect Design Arena, will be listed in coming weeks.

Polaris up 13%, at 2-year high on sale buzz

Post the deal Chairman and Group CEO of Polaris, Arun Jain is likely to join the board of Fiserv. Jain is likely to be head of services business. The deal may trigger open offer.

US-based Fiserv eyes Polaris; co denies sale

While initial talks were to buy only the services business, sources said that Fiserv is exploring options to buy the complete promoter stake in the firm, which can trigger an open offer.

Product business to grow 20% in FY15: Polaris

The company reported 24.8 percent increase in net profit at Rs 50.75 crore for the quarter ended December versus Rs 40.66 crore during the corresponding period of previous year.

Will business restructuring fuel Polaris growth?

Arun Jain is bifurcating Polaris to make it a billion-dollar business

IT cos in Chennai reeling under property tax hike

First the power cuts, then increased diesel price and now hike in property tax. These are turning out to be taxing times for IT companies in Chennai, reports CNBC-TV18‘s Swathi Narayanan.

On track to achieve USD 450-460 m in revenue: Polaris

In an interview to CNBC-TV18, Arun Jain, chairman & chief executive officer, Polaris gives the details of their divestment plan. The company that holds 85% stake in IdenTrust is divesting in the hope of investing into another portfolio which can be more revenue generating.

HC stays SEBI order barring Polaris' Arun Jain from market

Madras High Court today stayed a SEBI order which had barred Polaris Financial Technology CMD Arun Jain from operating in securities market for a period of two years for alleged insider trading in the company's shares.

Polaris falls 5.7% as SEBI bars founder Jain for 2 years

Securities and Exchange Board of India (SEBI) has barred Arun Jain of Polaris Financial Technology from capital markets for 2 years on insider trading charges, reports CNBC-TV18.

Sebi bars Arun Jain from securities mkt for 2 years

Market regulator Sebi today barred Polaris Software Labs's CMD Arun Jain from securities market for a period of two years for alleged insider trading in the company's shares.

Sebi bars Polaris' Arun Jain from securities mkt for 2 yrs

Sebi today barred Polaris Software Labs's CMD Arun Jain from securities market for a period of two years for alleged insider trading in the company's shares.

See 17-19% growth this year: Polaris

In an interview to CNBC-TV18, Arun Jain, chairman and chief executive officer of Polaris says the company is looking at 17-19% growth this year. "We are on the right track for building a good EPS growth this year," he adds.

Confident of achieving FY13 guidance: Polaris

Arun Jain, chairman and chief executive officer, Polaris told CNBC-TV18 that the company is confident of achieving of FY13 guidance. "We are going with 17% rupee revenue growth, Rs 2,400 crore guidance and we are still confident that we can make it possible."

Polaris software lab aiming to generate $100m

Financial Technology company Polaris Software Lab is aiming to generate revenue of USD 100 million in the next five years from their latest offering "FT-Grid" which was formally unveiled today.

Polaris Software Lab targeting USD 100m revenue in 5 yrs

Financial Technology company Polaris Software Lab is targeting a revenue of USD 100 million in the next five years from its latest offering FT-Grid, which was unveiled today.