Polaris Software to consider Orbitech takeover
By Venkatachari Jagannathan | 21 May 2002
Announcing the results for last year Jain said his company is targeting to achieve 50-per cent growth for the year 2003. Of this, 17 to 25 per cent will come from leveraging existing and prospective businesses and the products business. The remaining may come from seizing inorganic growth opportunities. In the last fiscal the growth was 4 per cent. The other beneficial offshoot of this will be in the merged entitys billing rates. Analysts say post-merger, the discounting on billing rates vis--vis other major players is expected to halt.