Farid Kazani

Speaking to CNBC-TV18, Farid Kazani, MD of Majesco said that one client-specific issue had an impact on Q2 numbers.

See large opportunity to offer insurance on cloud: Majesco

"The joint IBM and Majesco offering is going to provide a secured global incubator for insurance companies to rapidly develop and launch cognitive products and services on the cloud for its clients", Farid Kazani, MD of Majesco told CNBC-Tv18.

Q2 to be softer; QIP plans to aid aquisitions: Majesco

Speaking from sidelines of the Emkay Confluence, Farid Kazani, MD of Majesco said the second quarter is likely to be softer as full impact of slowing projects will be felt.

Mastek tanks 67%, stock adjusts for insurance biz demerger

Shares of Mastek plunged 67.5 percent intraday Friday as the stock adjusted for the demerger of its insurance business. Hence, the listed entity will have the services business and insurance business transferred to its subsidiary Majesco.

Hope to list in India by early Aug; eye $105mn rev: Majesco

Farid Kazani, managing director, Majesco targets double digit EBITDA level in three years time.

Mastek shareholder to get equal Majesco share post demerger

The stock will be traded ex-Majesco from June 12 onwards. The record date for the split of the shares between Mastek and Majesco has been scheduled for June 15, Farid Kazani, MD, Majesco informed CNBC-TV18.

Expect SEC procedures to complete by April-end: Mastek

Software services provider Mastek is planning to list its subsidiary Majesco, USA (formerly known as MajescoMastek) on New York Stock Exchange.

Hope to improve margins in svcs biz in few quarters: Mastek

Mastek's third quarter (October-December) profit after tax surged five-times sequentially to Rs 8.7 crore on strong operational performance.

Mastek arm to acquire Agile Tech's business: Farid Kazani

Mastek group CFO and director finance Farid Kazani says the company is not acquiring Agile Tech, just acquiring its business. It is a strategic acquisition that will provide the company with great amount of leverage, he says.

See gross margins in 2 UK govt projects around 40%: Mastek

IT solutions provider reported a 21.9 percent sequential growth in its third quarter profit on better operational performance.

Expect UK biz growth to continue: Mastek

Sudhakar Ram, CMD & CEO says this quarter around 80 percent of the business came from strategic high value, high margin kind of business both from the government and insurance business.

Better foreign biz in FY14; may give more dividend: Mastek

In an interview to CNBC-TV18, Farid Kazani, Group Chief Financial Officer & Director Finance, Mastek speaks about the company's plans growth its businesses overseas.

Buyback best way to give returns to shareholders: Mastek

Explaining the rationale of this buy back Farid Kazani, Group CFO & Director Finance, Mastek told CNBC-TV18, the company is in comfortable cash flow position and feel that this is good way to deploy that cash.

13.6% rise in margins up on initiatives, adjustment: Mastek

Mastek has announced its quarterly results. CFO Farid Kazani explains to CNBC-TV18 about the various aspects of the company‘s performance during the quarter.

Capita deal ramp down to continue to hit company: Mastek

In an interview with CNBC-TV18, Farid Kazani, group chief financial officer of Mastek said, in Q4, the bottom-line has been pretty flat. He further said, both the revenue and the bottom-line got impacted because of the ramp down in the Capita deal. That, he said, is going to continue going forward.