Oracle Financial Services Software

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  Oracle Financial Services Software Soars on Strong Q1

  Oracle Financial Services Software product business, which contributes more than 80 per cent to its consolidated revenues, posted sequential growth of 14 per cent in the June quarter with operating margins of 51 per cent, up from 46 per cent in the March quarter.

• Oracle FSS Subsidiary Asked to Pay Rs 80 Crore to Vendor

  The firm, which provides IT products to the financial services industry, said the arbitrator erred in his assessment and ruling and therefore it will defend its position, OFSS said in a filing to the BSE.

• Oracle Financial Services Q3 Net Falls 23%

  The company had posted a net profit of Rs 322.84 crore during the same period of previous fiscal.

• Oracle Financial Falls 12% on Ex-dividend Day

  The Company had declared an interim dividend of Rs 485 a share on September 12.

• Tribunal Sets Aside Sebi Decision on Oracle Financial Services Matter

  The Securities Appellate Tribunal (SAT) on Tuesday set aside a decision by the Securities and Exchange Board of India (Sebi) where it held that Oracle Financial Services Software violated listing norms with respect to fixing record date for interim dividend.

• Oracle surges; strong share sale squeezes short sellers

  Oracle, majority owned by Oracle Corp, attracted demand of nearly four times its share sale of 4.4 million shares, according to exchange data, surprising investors who had shorted the stock for arbitrage in anticipation of tepid demand.

• Oracle Financial Services fixes floor price at Rs 2,275

  IT firm Oracle Financial Services Software on Tuesday announced the floor price for sale of over 44 lakh shares worth about Rs 1,009 crore to meet minimum shareholding norms as mandated by market regulator Securities and Exchange Board of India (Sebi).

• Oracle Financial Services promoters to cut stake, shares drop 6%

  Shares in Oracle Financial Services Software dropped as much as 6 per cent on Wednesday after promoters of the IT solution provider said they will reduce their shareholding in the company by 5.3 per cent to comply with the minimum public shareholding requirements notified by market regulator Securities Exchange Board of India.

• Companies to seek extension of June deadline, easing norms from Sebi

  With less than two months left for lowering their promoter holding to 75 per cent, many private sector companies are planning to petition Sebi to relax the norms -- either by way of a deadline extension or relaxation in the compliance procedures.

• Profit Top 10: Citi raises $1.9 bn in HDFC stake sale, markets fall for third straight day

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• Oracle shares soar on strong Q3 revenue, margin growth

  Kotak attributed the good Q3 numbers to a near 30% year-on-year rise in product revenues.

• ORACLE FINANCIAL SERVICES SOFTWARE LTD. - Outcome of AGM

  Oracle Financial Services Software Ltd has informed BSE that the members at the 22nd Annual General Meeting (AGM) of the Company held on August 18, 2011, inter alia, have passed the following resolutions:  1. Adopted the audited Balance Sheet as on March 31, 2011, the Profit and Loss Account for the year ended on that date and the Reports of t...

• ORACLE FINANCIAL SERVICES SOFTWARE LTD. - ESOP Allotment Committee Meeting

  Oracle Financial Services Software Ltd has informed BSE that a meeting of ESOP Allotment Committee of the Company will be held on July 26, 2011, to consider allotment of shares to the eligible employees who have chosen to exercise their options under Employees Stock Option Scheme (ESOP), 2002 of the Company.

• ORACLE FINANCIAL SERVICES SOFTWARE LTD. - Q1 results on Aug 02, 2011

  Oracle Financial Services Software Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 02, 2011, inter alia, to consider approval of un-audited standalone Indian GAAP Financials for the quarter ended June 30, 2011 (Q1).

• ORACLE FINANCIAL SERVICES SOFTWARE LTD. - Allotment of shares on exercise of stock options

  Oracle Financial Services Software Ltd has informed BSE that the ESOP Allotment Committee at its meeting held on July 26, 2011 allotted 22,150 equity shares of face value of Rs. 5/- each to eligible employees of the Company who exercised their stock options under the Employee Stock Option Scheme, 2002. These shares are pari pasu with the existing e...