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3i Infotech (BOM:532628)
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New 3i infotech management sees profitability in 6-12 months
The Economic Times  Dec 5  Comment 
The software products and services company was hurt by several acquisitions, some of which were funded through external borrowings.
3i Infotech FCCB holder gets shares
The Hindu Business Line  Sep 26  Comment 
3i Infotech Ltd has allotted 15.39 lakh equity shares to Swiss Finance Corporation in lieu of foreign currency convertible bonds.According to information available with the exchanges, the c...
3i Infotech posts Rs 166 cr loss for Apr-June
The Hindu Business Line  Aug 11  Comment 
IT solutions firm 3i Infotech today posted a consolidated net loss of Rs 166.41 crore for the quarter ended June 30, 2012.The company had reported a consolidated net profit of Rs 46.03 cror...
3i Infotech allots 22.6 cr shares under CDR scheme
The Hindu Business Line  Jun 29  Comment 
3i Infotech has allotted 22.6 crore shares at Rs 19.74 a share to its lenders for restructuring debt. This is pursuant to the terms of the restructuring agreement signed on March 30. All...
3i Infotech recasts debt
The Hindu Business Line  Apr 26  Comment 
ICICI Bank-promoted 3i Infotech has successfully renogtiated with lenders to recast the Rs 600-crore short-term debt on its books as long-term debt. The company informed the exchanges th...
Market news
The Hindu Business Line  Mar 21  Comment 
The CDR proposal of 3i Infotech Ltd has been approved by the empowered group. Under the CDR proposal, 15 per cent of the total secured debt and 20 per cent of the unsecured debt, wil...
Foreign acquisitions, debt a scourge for cash-rich IT firms like 3i Infotech, Firstsource
The Economic Times  Jan 11  Comment 
Cash-rich tech firms stretched themselves too thin by going for overseas acquisitions funded through foreign debt. It is affecting their product launches & revenue today.
Acquisitions alone not the reason for 3i Infotech's debt woes
The Hindu Business Line  Dec 14  Comment 
3i Infotech's cup of debt woes seems to be overflowing, with rating agency Crisil downgrading the former's debt rating to default status. Even though 3i Infotech has had a burden of high...
3i Infotech Billing & Payments and Online Resources Team to Deliver Complete Electronic Payment Solution
Marketwire  Nov 7  Comment 
BOSTON, MA and CHANTILLY, VA -- (Marketwire) -- 11/07/11 -- 3i Infotech Billing & Payments, a leading provider of software and solutions for the end-to-end corporate revenue chain, and leading financial technology provider Online Resources
Market news
The Hindu Business Line  Oct 18  Comment 
3i Infotech Ltd has said that a meeting of the board of directors will, on October 21, consider rights issue. Chambal Fertilisers & Chemicals Ltd's board...




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Tanmay Purohit

Company Profile

3i Infotech (BOM:532628) is a global Information Technology company which provides technology solutions to over 600 customers in more than 50 countries across 5 continents, spanning a range of verticals.

The company provides software products, IT services and Operations Outsourcing (BPO) solutions for a variety of industry verticals including Insurance, Banking, Capital Markets, Mutual Funds & Asset Management, Wealth Management, Government, Manufacturing and Retail. These solutions and services include Managed IT Services, Application Software Development & Maintenance, Payment solutions, Business Intelligence, Document Imaging & Digitization, IT Consulting and various Transaction Processing services.

The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO and ISO 27001:2005 for Infrastructure services.

The Company's Global Delivery Model provides for the best resources to be drawn from its vast talent pool across the globe to offer optimal solutions.

The majority of stake is with ICICI Bank (9.63% directly and 29.86% through IDBI Trusteeship Services). 3i Infotech was promoted by the NYSE-listed ICICI Bank, India's largest private sector bank. The Company integrates its products and services to create customized solutions to allow you to undertake technology-based business transformation that allows reorganization in line with today's dynamic digital business environment.

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