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    Polaris completes divestment of its stake in IdenTrust

    Polaris Financial Technology today said it has completed divestment of its 85.30 per cent stake in IdenTrust.

    'Salary is always a pressure. Ours is a global industry. We are observing the salary patterns as the market is maturing and will come out with numbers soon.'

    Polaris financial technology March-qtr net down 28% at Rs 48.83 cr

    Polaris Financial Technology today reported 28 per cent fall in consolidated net profit at Rs 43.83 crore for the quarter ended March 31, 2013.

    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.

    Financial Technology company Polaris Software Lab has launched its first Financial Technology Grid to offer services in banking domain.

    Building a products company in the IT space is tough business, says Arun Jain, CMD of Chennaibased Polaris Software Lab, in an interview with ET’s Sriram Srinivasan & Sangeetha Kandavel. Excerpts.

    The Economic Times
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