TechLahore

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Entries Tagged ‘netsol’

Netsol lists on Dubai Stock Exchange


Starting what could become a trend amongst other Pakistani tech companies, Netsol has been approved for a dual listing on the Dubai Stock Exchange (DIFX) under the symbol, NTWK. This is the same symbol the company uses for trading on the Nasdaq (US). Saleem Ghauri, the CEO of Netsol, believes this move will allow the [...]

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Pakistani software companies going to Canada, eh?


The PSEB is leading another business delegation abroad, and this time the destination is Canada. That’s right, the land of the red maple leaf. Hey, we’re fine with it as long as all the contracts get negotiated in Canadian dollars! After decades in the shadow of its more valuable southern cousin, the CD is winning the [...]

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Stock loses 55% of its value in 3 months – Netsol in trouble?


Netsol has lost more than half its market cap since the last week of October this year. The stock has fallen from its high of $4.64 to just $2.00 today. Part of this is because of concerns about the US economy in particular and the global economy in general. The first three trading sessions of [...]

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Netsol's LeaseSoft application wins award


Tradingmarkets.com reports that Netsol just won the “Best Financial Industry Application” Award at the Asia Pac Financial Alliance Awards held in Singapore. Kudos to Netsol for a job well done! As we pointed out earlier, Netsol really needs to focus on ensuring that their product offerings displace as much service revenue as possible. In the [...]

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Netsol Pakistan revenues cross Rs. 1 BN (USD $16.4MN)


Salim Ghauri, talking to the Business Recorder, disclosed that Netsol PK’s revenues have exceeded the Rs. 1 BN mark. This is great news, but what is to be noted is that it represents YoY growth in the 10-15% range. While Netsol is a big software company viz the Pakistani IT landscape, in global terms it [...]

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Najeeb Ghauri on Netsol's China strategy


Following up on the Netsol post from yesterday, here’s an interview TheStreet did with Najeeb Ghauri a couple of months ago. Worth listening to in order to get a better idea of what’s on his mind and how he sees Netsol’s China strategy. I just wish he would keep his head up and not look [...]

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