Press Releases
Friday
July 25, 2008
Rolta in the S&P 2008 Global Challengers List - 2008
MUMBAI, July 25, 2008: Rolta has been included in the S&P Global Challengers List™ by Standard & Poor's (S&P). The S&P Global Challengers List™ identifies 300 mid-size companies worldwide that have a total market capitalization between US$ 1 to 5 Billion and have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. These companies are expected to emerge as challengers to the world's leading companies. Rolta is one of the two companies from India that have made it to this list.
The S&P Global Challengers List™ of 2008 covers companies across the world and is based upon a robust methodology that is rules-based with consistent standards applied to multiple countries. Two metrics of extrinsic growth - positive three-year share price appreciation and positive three-year sales growth - are used in conjunction with two metrics of intrinsic growth - positive three-year EPS growth and positive three-year employee growth, to arrive at this list.
The S&P report states: "Mid-caps positioned in the markets sweet spot - High growth mid-cap companies possess a strategic advantage relative to firms of smaller or larger sizes, having survived beyond their startup phases and offering stability as well as future growth opportunities. Having overcome the growing up pangs of small firms while possessing room for growth and expansion, mid-caps offer the best potential pool of companies, which could indeed be tomorrow's leaders."
For further details, please refer following link: http://www2.standardandpoors.com
Speaking on the occasion, Mr. K. K. Singh, Chairman & Managing Director, said, "We are extremely gratified by this recognition. Being selected as one of the two companies from India, that are part of The S&P Global Challengers List™ 2008, is a further endorsement of our strong platform, cohesive strategies and unique business model, which have enabled us to grow consistently and placed us in an exceptional position to address large opportunities in India and internationally."
About Rolta:
Rolta is an Indian multinational organization that has executed projects in over 40 countries. The Company is a strong player in the Defence, Government, Infrastructure and Security markets, worldwide. Rolta serves these markets by providing innovative solutions in Geospatial Information Systems (GIS); Engineering & Design Services (EDS); and Enterprise Information & Communications Technology (EICT), which includes Software Development, Advanced Security, Network Management, Oracle Apps, ERP Consulting and Business Intelligence. Rolta, through its joint venture with The Shaw Group Inc. USA - Stone & Webster Rolta Ltd., provides comprehensive Engineering, Procurement and Construction Management (EPCM) services to meet turnkey project requirements of power, oil, gas and petrochemical sectors. Rolta's joint venture with Thales, France - Rolta Thales Ltd., develops and provides state-of-the-art C4ISTAR information systems, Military Communications, Digital Soldier & Vehicle System solutions, covering the entire "sensor to shooter" chain, under transfer of technology from Thales. By innovatively blending the capabilities of OnPoint™, Periscope™ and other business intelligence tools from its bank of Intellectual Properties, the Company has launched Geospatial Fusion™, a very unique solution that enables instantaneous fusion of various disparate geospatial & non-spatial databases and software applications for generating real-time reports and immediate decision-making. Rolta, headquartered in Mumbai, employs over 5,000 professionals with a countrywide infrastructure and international subsidiaries across the globe. The Company has benchmarked its quality processes with the world's best quality standards. Rolta is accredited with the prestigious BSI ISO/IEC 27001:2005 certification, the ultimate benchmark for information security; the BSI ISO/IEC 20000-1:2005 IT Service Management Standard, and the Company's software development business group has been assessed at the highest level of SEI-CMMI Level 5. Forbes Global has ranked Rolta amongst the "Best 200 Under a Billion" for four times in six years. Rolta has been included in the S&P Global Challengers List™ 2008, by Standard & Poor's. This List identifies 300 mid-size companies worldwide that have a total market capitalization between US$ 1 to 5 Billion and have shown the highest growth characteristics along dimensions encompassing intrinsic and extrinsic growth. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.
For additional information
Rolta India Limited
Mr. Hiranya Ashar,
Director - Finance & Chief Financial Officer
Telephone: +91 (22) 2926 6666
Mr. A. P. Singh,
Joint Managing Director
Telephone: +91 (22) 2926 6666
Mr. Ben Eazzetta,
President, International Operations
Telephone: +1 (678) 942 5000
