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Blue Star Infotech Ltd. Company History and Annual Growth Details

2001 - Blue Star Infotech has registered a net profit of Rs 31.42 million for the quarter ended Sep 30, 2001 on a total income of Rs 137.95 million.

2002

-BSE imposes special margin of 25% on the company.

-Signs a multi-year $9 mn Application Outsourcing contract with Micro Warehouse.

-Sets up a new development centre at Mumbai.

-Receives Level 5 CMM accredition.

-Mr R P Singh takes over as COO, European Operations of the company.

2003

-Wins Rs.22cr software development order from US-based York International Ltd.

-Gets $2 mn orders from Hitachi Medical Corporation.

-Enters into Japan market to offer embedded software development and engineering services for Japanese Companies.

-Registered officed now changed to Band Box House, 4th floor, Dr.Annie Besant Road, Worli Colony P O , Mumbai - 30.

2004

-Blue Star Infotech Ltd has been awarded 'The European Seal of Excellence' by the European Multimedia Association Convention (EMMAC), a platform consisting of Europe's national and regional multimedia associations.

-Blue Star Infotech has forged an alliance with Netpro Technologies to offer Business Intelligence (BI) solutions of ProClarity Corporation in the Indian market

-Sells its 51 per cent stake in Blue Star Infotech (Malaysia) Sdn Bhd to joint venture partner MCM Technologies Bhd

-The company appoints Mr. Ashutosh Gupta as Managing Director w.e.f. November 01, 2004.

2005

-Blue Star Infotech partners with Datastream, USA for Enterprise Asset Management Solutions.

-The Company has recommended a dividend at the rate of Rs 5/- per share of Rs 10 each.

-Mr. Suneel M Advani has been appointed as the Managing Director of the Company designated as Chairman & Managing Director.

2006

-The Company recommended dividend at the rate of Rs 2/- per share of Rs 10 each.

2007

-The Company approved the proposal for merger of an investment Company of the promoter group viz., Ashok Sunil & Company Pvt Ltd (Investment Company) with the Company.

-The Company recommended a final dividend of Rs 2 per Equity Share of Rs 10 each.

2008

-Strategic Alliance between GroudScope and Blue Star Infotech Ltd (BSIL).

-The Company has proposed a dividend of Rs 2.50 per share.

2009

-DataFlux and Blue Star Infotech Limited Announce Partnership.

-Blue Star Infotech implements NAV Elixir for pharmaceutical major, Indoco Remedies.

-The Company has proposed a Dividend of Rs 5 per share.

2010

-The Company has proposed a dividend of Rs. 5/- per share.

2011

- Blue Star Infotech launches "iRoadGenie" app for the iPhone.

-Blue Star Infotech Ltd bags Microsoft ERP order from Nippo Batteries.

-Blue Star Infotech Ltd bags Microsoft ERP order from Christ Nishotech.

-Blue Star Infotech launches Oracle Accelerate Solution for the Indian Chemical Industry.

-Blue Star Infotech ties up with QlikTech.

2012

-Set up an overseas wholly owned subsidiary in Singapore.

-The Company's wholly owned subsidiary based in Singapore has acquired Infostack Solutions Pte Ltd in Singapore.

-Loyalty Partner Solutions and Blue Star Infotech Ltd. enter into a strategic development and sales partnership.

2013
-Blue Star Infotech launches Mobile Vacation Planner.
-DSI Certifies Blue Star Infotech for Enterprise Mobility Implementation Services.

2014
-Blue Star Infotech ranked among APAC’s fastest growing companies in Deloitte’s
2014 Technology Fast 500.
-Blue Star Infotech recognized as the Leader in Outsourced Software
Development Segment by Zinnov Management Consulting.
-Blue Star Infotech successfully implements Microsoft Dynamics NAV ERP at
Komli Media.
-Blue Star Infotech Broadens Partnership with Grasp Technologies Inc.

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