Corporation Bank now battles software violation charge
July 15th, 2011 - 11:50 am ICT by IANS
Chennai, July 15 (IANS) Even though it seems to be on a strong wicket against a sudden charge of software licence violation, the Mangalore-based Corporation Bank, now under the Central ... Read more...
Posted in Sci-Tech |
Andhra cooperative banks join together to save on automation
July 6th, 2010 - 9:32 pm ICT by IANS
Chennai, July 6 (IANS) Twenty three cooperative banks in Andhra Pradesh have hit upon a novel idea of using single core banking solution (CBS) and save on hardware and software costs.
"Individually they ... Read more...
Posted in Business |
Polaris picks up 51 percent stake in Indigo TX
March 26th, 2010 - 5:21 pm ICT by IANS
Chennai, March 26 (IANS) City-based Polaris Software Lab has acquired 51 percent stake in financial and back office services company Indigo TX Software for an undisclosed sum.
"We found Indigo's brokerage software product ... Read more...
Posted in Business |
Laser Soft to expand international presence
March 3rd, 2010 - 5:11 pm ICT by IANS
Chennai, March 3 (IANS) Banking software company Laser Soft Infosystems plans to increase its headcount and expand its international presence next fiscal.
"The business is good. We will be adding around 100 ... Read more...
Posted in Business |
Polaris to acquire Laser Soft for Rs.52 crore
October 15th, 2009 - 8:03 pm ICT by IANS
Chennai, Oct 15 (IANS) City-based banking, financial services and insurance (BFSI) company Polaris Software Lab Thursday said it will acquire competitor Laser Soft Infosystems for Rs.52 crore.
"The acquisition will enable us ... Read more...
Posted in Business |
Polaris Software to acquire Laser Soft for Rs.52 crore
October 15th, 2009 - 1:59 pm ICT by IANS
Chennai, Oct 15 (IANS) Polaris Software, which caters to the banking, financial services and insurance space, is acquiring Laser Soft Infosystems, a competitor, for Rs.52 crore in a cash deal.
The Rs.1,377 crore ... Read more...
Posted in Business |
Catholic Syrian Bank won’t merge with any bank: Chairman
October 20th, 2008 - 7:01 pm ICT by IANS
Chennai, Oct 20 (IANS) The Kerala-based Catholic Syrian Bank Ltd will not merge with any other bank, said a top company official here Monday. "There is no such possibility, though banks may ... Read more...
Posted in Business |