Sandeep Kalra

Persistent Systems sets sights on Europe acquisitions in push towards $5 billion revenue by FY31

Customers are diverting their limited technology budgets to deploy more capital for transformations that will enhance revenue, CEO Sandeep Kalra tells Moneycontrol

Persistent Systems delays wage hikes by a quarter, pauses fresher hiring over macro uncertainty

Persistent Systems CEO Sandeep Kalra is hopeful that the macro uncertainties due to Trump’s tariffs and delayed decision making by clients will start to stabilise over the next one or two quarters.

We are not dependent on discretionary spending: Sandeep Kalra, CEO, Persistent Systems

The mid-tier IT services company has won a standalone AI/Gen AI deal upwards of $40 million for its SASVA platform, apart from multiple Gen AI deals in the range of $5-10 million plus, according to Persistent Systems' CEO.

Persistent Systems appoints former LTIMindtree exec Vinit Teredesai as chief financial officer

Teredesai will assume the position immediately, succeeding current CFO Sunil Sapre, who is slated to retire later this year.

Will prioritise growth over margins, can't worry about stock markets: Persistent Systems CEO

Persistent System’s stock price tumbled by over 10 percent on April 22, its biggest single-day decline since March 31, following its Q4 earnings and guidance on expecting flat FY25 margins.

Generative AI will go mainstream over the next 2-3 years: Persistent Systems CEO Sandeep Kalra

The mid-tier IT services company currently has over 75 active generative proof of concepts in work. While the revenue is small at the moment, Kalra believes it’s a promising area

Had to let go a handful of people for moonlighting, says Persistent Systems management

Client engagements mandate us to have full-time employees, required to make it known to clients if employees are not full-time, says the company.