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Topic: Covansys India Limited

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	MSN Money - CVNS Key Developments: Investing
		Covansys, PCC Technology Group, a provider of elections management solutions, and Aradyme Corp., a database company, announced that they were awarded a $4.6 million contract by the state of Nevada Secretary of State's Office to implement a voter registration system.
		Covansys has concluded that a portion of the non-cash charge should be allocated to prior periods and has requested guidance from the Securities and Exchange Commission regarding the appropriate periods in which the charge should be recorded.
		Covansys announced that the filing of its report on Form 10-Q for the quarter ended March 31, 2004 will be delayed pending completion of the proper accounting for physical losses and obsolescence for certain of the Company's property and equipment, mainly computers and related peripherals, as a result of a recently completed physical inventory.
	news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=CVNS (3818 words)

	Covansys to invest $8 mn; hire 1,800 in India
		Covansys Corporation, the US-based software services and solutions firm, is investing $6-8 million in expanding its India presence and aims to ramp up its workforce here by another 1,800 people.
		The $378 million Covansys, one of the first American firms to have an offshore delivery centre in India, has development centres in Chennai, Bangalore and Mumbai employing a total of 3,200 people.
		Covansys, which plans to expand further, is looking at acquiring firms with significant offshore presence and an annuity business, he said, adding that the firm was talking with several players in this regard.
	www.rediff.com /money/2004/may/18bpo3.htm (208 words)

	siliconindia-News (Site not responding. Last check: 2007-11-04)
		Under his leadership, Covansys India grew from 50 to nearly 2,000 employees, and continues to earn global recognition for its high quality IT work and commitment to meeting client technology needs effectively and efficiently.
		Most recently, under his leadership, Covansys India was awarded the International Organization for Standardization (ISO) 9001:2000 certificate of approval for its Chennai and Bangalore development centers.
		Prior to Covansys, Subrahmaniam worked in the R&D division of one of India's premier telecommunications companies and was responsible for projects in areas of SCADA, embedded systems, network management systems, and telecom switching and transmission systems.
	www.siliconindia.com /tech/tech_pgtwo.asp?newsno=19899&newscat=Technology (473 words)

	Covansys Reports Fourth Quarter and Full-Year Results (Site not responding. Last check: 2007-11-04)
		Utilization in India was 76% for the fourth quarter compared with 80% in the third quarter 2003 and 72% for the fourth quarter 2002.
		Utilization in India was negatively impacted as Covansys began to aggressively hire to meet expected 2004 demand.
		The percentage of revenue derived from operations in India, inclusive of work performed on behalf of our European clients, was 25% of total revenue in the fourth quarter 2003 compared with 21% in the third quarter 2003 and 17% for the fourth quarter 2002.
	www.forrelease.com /D20040211/cgw023a.P1.02112004074215.04058.html (839 words)

	COMPLETE BUSINESS SOLUTIONS (INDIA) LIMITED CHANGES NAME TO COVANSYS (INDIA) LIMITED
		The name change to Covansys (India) Limited stems from a decision by U.S.-based parent company, Complete Business Solutions, Inc., to change its name to Covansys, capping a six-month re-engineering effort to position the 16-year-old, publicly traded company for growth and leadership in the dynamic, 21st century information technology industry.
		Covansys is derived from "co" - together, "advance" - to move forward, and "system" - to reflect a disciplined process toward technology services that helps clients achieve greater business success.
		Covansys (India) Limited has approximately 1,500 full-time employees at offices in Chennai, Mumbai, Bangalore, and Secunderabad.
	www.covansys.com /media/press/archive/2001_pr12.htm (728 words)

	Covansys to buy 75% in Fortune Info
		Nasdaq-listed Covansys Corporation, a global consulting and technology services company, on Friday announced that its wholly owned subsidiary, Covansys India Limited, intends to acquire up to 75 per cent (up to 4.05 million shares) of Fortune Infotech Limited's common stock for Rs 32.50 per share ($0.74 per share).
		Covansys intends to fund the acquisition with cash from its India operations.
		Like Covansys, which launched its offshore operations in 1992, Fortune, with its principle office located in Baroda, India, is an experienced provider of offshore outsourcing solutions.
	www.rediff.com /money/2005/jun/11covan.htm (472 words)

	Vendor Rating: Covansys Corporation (Site not responding. Last check: 2007-11-04)
		Covansys' challenge for growth is to clearly articulate the benefits of this value proposition and compete with leading companies in India and the United States for the emergence of global options for end-user buyers.
		Covansys was able to mitigate the drop in revenue by capitalizing on its offshore offerings because the demand for these global delivery options continues to grow at a feverish pace among U.S. clients.
		Covansys' overall organizational structure is similar to many of the vendors that Gartner is analyzing in the offshore category because it has a large pool of technologists with depth in both legacy platforms and emerging areas.
	wwwdev.itap.purdue.edu /itresources/gartner/research/116400/116402/116402.html (2673 words)

	Covansys India ramps up for high-growth strategy
		Covansys was formerly known as Complete Business Solutions and the name was changed as a part of the brand building exercise.
		Covansys (India) had a topline of Rs 140 crore for the year ended December 2000.
		Covansys Inc is open to acquisitions and is looking for companies in the telecom space.
	www.expressindia.com /fe/daily/20010222/fco22024.html (325 words)

	Covansys Corporation - Company Profile - Computer Business Review
		Covansys is a provider of application maintenance and development services, public sector solutions, and offshore outsourcing services.
		This decline is primarily attributable to lower average bill rates in India, due to competitive price pressure, a decline in Public Sector revenue in 2003 compared with 2002 and an increase in the revenue generated in India as a percent of total revenue.
		India/ Asia recorded an increase in revenues on a full attribution basis of 23.8% to $75.1 million for 2003 compared to $60.6 million in 2002.
	www.cbronline.com /companyprofile.asp?guid=56C985AB-62D5-4D62-976D-ADB70B8F9701 (731 words)

	What We Do - Strategic Outsourcing:India
		Covansys India Private Limited is a wholly owned subsidiary of Covansys Corporation and serves as the crown jewel of our unique on-site, off-site, offshore delivery capability.
		India operations began in 1991 and now occupy 400,000 square feet, one of the largest offshore facilities among U.S.-based consulting and technology services vendors.
		In 1999, Covansys became the first known U.S. based technology services company in the world to achieve the Software Engineering Institute's CMM Level 5 quality rating on the first audit at two of its development centers in India.
	www.covansys.com /what/india.htm (412 words)

	Covansys India attains PCMM 5 recognition
		Covansys India, President and COO, K Subrahmaniam said, "This honor is awarded to each and every employee for their dedication and commitment to Covansys."
		Rajesh Naik of QAI observed "The PCMM assessment at Covansys India was an enjoyable learning experience for me. The focus on innovation and measurement lays a strong foundation for rapid scaling up of operations.
		The Software Engineering Institute developed the PCMM framework at Carnegie Mellon University, Pittsburgh, PA. It is the only framework that addresses the needs of employees, their competencies, and the processes that need to be in place to ensure that the organization is continuously improving and is able to meet the business needs effectively and efficiently.
	www.ciol.com /content/news/repts/102122302.asp (410 words)

	Encyclopedia: List of software companies
		The company is head quartered in Mumbai, India and has wholly owned subsidiaries in the USA and Singapore and a branch office in...
		Satyam Computer Services Limited is a leading global consulting and IT services company, offering a wide array of solutions customized for a range of key verticals and horizontals.
		Lucid Ocean Limited, founded by Jonathan Crossland in 2004, is based on the Isle of Wight, UK.
	www.nationmaster.com /encyclopedia/List-of-software-companies (1294 words)

	Covansys Reports Solid Second Quarter 2005 Results
		Covansys reported revenue of $108.7 million in the second quarter compared with $94.1 million in the second quarter of 2004, an increase of more than 15%.
		Utilization in India was 74% for the second quarter of 2005, up from 67% in the second quarter of 2004 and down slightly from 75% in the first quarter of 2005.
		Covansys' effective tax rate in the second quarter and first six months of 2005 was 7.9% and 19.8%, respectively.
	www.tmcnet.com /usubmit/2005/Jul/1167708.htm (1453 words)

	WorldBidIran International Trade Leads Import Export b2b Marketplace
		Covansys is a global service provider for Information Technology with a track record of consistent growth, unsurpassed technical expertise and facilities.
		Covansys India, established in 1991 is a wholly owned subsidiary of Covansys, with world class software development environment at Chennai, Bangalore, Mumbai and Secunderabad Today it is amongst the top 20 software exporters from India.
		Covansys India, is an ISO 9001 and SEI –CMM Level 5 company.
	www.worldbidiran.com /covansysindia (373 words)

	India art (Site not responding. Last check: 2007-11-04)
		MUMBAI, BOMBAY, BOLLYWOOD, INDIA, INDIAN CREW RATES : Commercials, Feature Films, Television Series, Dramas, Corporate and Documentaries.........These rates are put together as a basic guideline only, by the freelance crew and rental companies (Mumbai) and are negotiable dependant upon the duration of the project.
		Limited travel information on various regions, states and a few Indian cities.
		The '''Republic of India''', located in South Asia and comprising most of the Indian subcontinent is the second most populous country in the world and...
	veselca.com /India_art-24.htm (938 words)

	Leadership Team
		Krishnaswamy Subrahmaniam (KS) was promoted to president and chief executive officer of Covansys India in June, 2003 after more than nine years of successful service as the company's chief operating officer.
		As president and COO of Covansys India from July 2002 until June 2003, Subrahmaniam managed the company’s highly rated offshore operations, including sales and marketing for the entire Asia-Pacific region.
		Subrahmaniam joined Covansys India as vice president in 1994 to establish company operations in India and Asia Pacific, as well as to spearhead the initiative in which the company attained SEI CMM,
	www.covansys.com /who/ks.htm (187 words)

	SurfWax: Company News and Articles On Covansys Corporation
		Covansys to hire 1,800 people in India BANGALORE - Covansys Corporation, the US-based software services and solutions firm, is investing US$6-8 million in expanding its India presence and aims to ramp up its workforce in India by another 1,800 people.
		About Covansys Covansys Corporation, (Nasdaq:), is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services through a unique...
		About Covansys Covansys Corporation, (Nasdaq:), is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services through a unique onsite, off- site, offshore delivery model...
	biz.surfwax.com /files/Covansys_Corporation.html (939 words)

	domain-B : Indian business : companies : PeopleSoft : PeopleSoft and Covansys to target Indian manufacturing and ...
		Mumbai: PeopleSoft India, the Indian subsidiary of PeopleSoft Inc, the world's second largest provider of enterprise application software, has announced an expansion of its alliance with Covansys to include consulting and implementation support to clients in India in the manufacturing and healthcare segment.
		Covansys is a US-based global consulting and technology services company, which has established the PeopleSoft India development center, and is engaged in product engineering and other related activities.
		Speaking on the occassion K Subrahmaniam, president and CEO Covansys India, said, "We see tremendous potential in the manufacturing and healthcare verticals in the country.
	www.domainb.com /companies/companies_p/peoplesoft/20040529_target.html (361 words)

	Source Hub India Private Limited
		Under his leadership, Value Point grew to be one of the most recognized IT Hardware Companies in India.
		The company was bootstrapped from inception and remained profitable in all its years of operations.
		He was instrumental in building up the organization from grass root level, setting up marketing team for business development as well as excelling in client management.
	www.sourcehubindia.com /aboutus_management.htm (674 words)

	limited edition print (Site not responding. Last check: 2007-11-04)
		We also feature limited editions by Lena Liu and reproductions of Canadian Group of Seven artist A.J.Casson as well as a gallery of Canadian native artists and a large selection of posters.
		In printmaking, an '''edition''' is a set of prints off one plate, composing a limited run of prints.
		Limited Edition Giclee Print from original watercolour by Scott Glover...
	www.veselca.com /limited_edition_print-31.htm (673 words)

	IndiaSoftware.com - Company Search (Site not responding. Last check: 2007-11-04)
		It is a fast growing IT company with its corporate headquarters based in Mumbai, India.
		The company was formed by former Motorola professionals and it has signed up as Motorola's business partner for India and SAARC countries.
		Covansys is a global Information Technology (IT) consultant and services provider, with a highly skilled global workforce of more than 4400 consultants.
	www.indiasoftware.com /pSearchr4.asp?tid=70&comp=&prod=&pgcnt=3&page=static&prevpg=1&nextpg=6 (433 words)

	BearingPoint to hire 2,000 at India centre
		The company said it may employ 1,000 more in India if demand is strong enough.
		"Covansys is proud to have been selected by a world leader such as BearingPoint to assist them with the opening and operation of their first Global Development Center in India," said Martin C Clague, president and CEO, Covansys.
		Many US companies have been hiring staff in India and moving their back-office operations to India and other low-wage nations to save costs.
	www.rediff.com /money/2004/feb/12bpo.htm (259 words)

	[No title] (Site not responding. Last check: 2007-11-04)
		Covansys Schedules Conference Call for July 28, 2005 to Discuss Second Quarter 2005...
		Covansys Corporation is a global technology services company with a focus on industry-specific solutions, strategic outsourcing and integration services.
		Covansys provides services to a range of clients in a variety of industries, including financial services, retail and distribution, manufacturing, healthcare, public sector and telco/utilities/transportation.
	today.reuters.com /stocks/overview.aspx?ticker=CVNS&target=stockoverview (465 words)

	The Daily Star Web Edition Vol. 5 Num 255 (Site not responding. Last check: 2007-11-04)
		Marty Clague, Covansys's president, has seen many US companies set up facilities in India since the early 1990s, and he believes the offshoring (also referred to as utsourcing) of IT services (that is, the sending of work to an overseas location) is a trend that can't be reversed.
		Currently, India is the leading off shore destination for the IT sector, annually earning around $16 billion of the IT offshore revenues or about 60 percent of the total.
		According to a research study published by Gartner, by 2004 more than 80 percent of the board of directors of US firms had discussed off shoring and forty percent had some kind of offshore pilot project in the works or were planning to off shore their IT services.
	www.thedailystar.net /2005/02/13/d50213150197.htm (1294 words)

	Covansys News
		Adobe Systems Incorporated and Covansys Corporation today announced they are working together to deliver benefits and services administration solutions to federal, state and local government agencies.
		Covansys Corp., an information technology service provider, on Tuesday reported it swung to a first-quarter profit, boosted by a strong performance in its India and Asia Pacific regions, and higher utilization.
		Covansys climbs after clearing up accounting issues (11:30 AM ET) NEW YORK (CBS.MW) -- Shares of Covansys Corp(CVNSE)gained ground in morning trading Friday as investors welcomed a resolution of accounting issues which have been...
	www.topix.net /com/cvns?removemenu=com/cvns (474 words)

	Limited lifetime warranty - about Limited lifetime warranty (Site not responding. Last check: 2007-11-04)
		Kuehn, John P. Limited edition olymer compounds with both internal and external sculpture.
		Refvem, Robert L. Limited edition bronze sculptures from table size to lifesize and monumental.
		Limited edition bronze sculptures of life, nature and western themes.
	www.linkelse.com /Limited_lifetime_warranty-11.htm (626 words)

	IndiaSoftware.com - Company Search (Site not responding. Last check: 2007-11-04)
		Cogito is a New Delhi, India based software solution provider.
		Its mission is to continuously strive to engineer state-of-the-art solutions and seamlessly integrate them with the clients' business.The company provide seamless solutions through the use of latest technologies for th...
		The company is a global information technology consulting group head quartered in Dublin, Ohio (USA) with locations in Australia, India, and United Kingdom.
	www.indiasoftware.com /pSearchr4.asp?tid=100&comp=&prod=&pgcnt=3&page=static&prevpg=1&nextpg=6 (419 words)

	MAGINDIA - MTNL seeks certifier nod for digital signatures
		MTNL has formally applied for a licence to operate as a certifying authority (CA) for digital signatures and the controller of certifying authorities (CCA) has appointed Covansys India Private Limited to audit the Telco’s infrastructure at CGO Complex, Lodi road for the purpose.
		MTNL has invested Rs 12 crore in the project and hopes to leverage on its wide customer base to proliferate use of digital signatures in the country, piggybacking on the telecom revolution.
		Bangalore-based Covansys will be beginning its work soon and once the audit clears MTNL it would receive a licence to operate as a CA.
	www.magindia.com /manarch/news/man18470.html (459 words)

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