Abu Dhabi/Chennai, June 16, 2009: Polaris Software Lab Limited (POLS.BO), a leading Financial Technology Company, today announced that Al Hilal, a leading bank in UAE, has gone live on Polaris’ IntellectTM Collect system. Through this solution, Polaris will help Al Hilal realize its vision of creating financial supermarkets for its customer to experience the entire [...]

Summit Technology Solutions (STS), a Summit Holding company, announced its partnership with Polaris Software Lab Limited (POLS.BO), a leading Financial Technology company. Through partnering with Summit Technology Solutions in Egypt, Polaris has made its first major product go-live in the Egypt market. Intellect Lending, Polaris’ product for Mortgage finance has been chosen by Tamweel, Egypt’s [...]

…The First SOA-based Retail Solution in India
New Delhi, April 30, 2009: Polaris Retail Infotech Ltd. (PRIL), a leading Retail Software provider and a wholly owned subsidiary of Polaris Software Lab Ltd, today announced that it has partnered IBM to launch Intellect Store, the first SOA-based Retail solution in India. This point-of-sale (POS) solution, targeted [...]

…To invest USD 20 million in this one-of-its-kind centre
Chennai, April 14, 2009: Polaris Software Lab Limited (POLS.BO), one of the world’s largest Financial Technology companies for the Banking, Financial and Insurance sector, today laid the foundation stone for its Centre of Excellence for Insurance in SIPCOT, Chennai. The company plans to invest USD 20 million [...]

…Declares an interim dividend of 30%
Chennai, 20 January 2009: Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the third quarter results for FY 2008-2009.
For the quarter ended 31st December 2008, revenue was Rs. 372.58 crore and Profit after Tax (PAT) was Rs. 37.17 [...]

Chennai, 16 December 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced the launch of an Insurance Concept Lab in partnership with Microsoft. Established in Polaris’ campus in Chennai, this Concept Lab is aimed at building innovative solutions for the Insurance industry [...]

Solution to address needs of over 20000 employees across Indian states
Chennai, Dec 10, 2008: Adrenalin eSystems Ltd., a leading provider of Human Capital Alignment Management (HCM) solution, will put together a technology based solution to manage the human capital management needs of SKS Microfinance, the largest Indian microfinance institution and the fastest growing in the [...]

…Substantially reduces retailers’ TCO
Chennai, Nov 24, 2008: Polaris Retail Infotech Ltd. (PRIL), a leading retail software provider and a wholly owned subsidiary of Polaris Software Lab Ltd, today announced the launch of Xf -Xchange Framework, a middleware solution to configure retail stores for seamless integration with backend enterprise solutions – both for B2B & B2C [...]

…EPS guidance revised upwards to Rs. 13.5 from Rs. 12.5
Chennai, 21 October 2008: Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the second quarter results for FY 2008-2009.
For the quarter ended 30th September 2008, consolidated revenue was Rs. 351.14 crore and Profit after Tax [...]

Chennai / USA, September 30, 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a definitive agreement to acquire SEEC Inc (www.seec.com), a US based Product and Component Services Company for Insurance Vertical in an all cash deal. [...]