Software Companies In Pune

Tata Consultancy Services / TCS, Pune

WEBSITE : www.tcs.com

Email  |  Phone : 66086333  | 

Address : Tata Research Development & Design Centre, 54/B, Hadapsar Industrial Estate, Hadapsar, Pune - 411013

Tata Consultancy Services
Electronic Sadan No. 3, MIDC, Bhosari, Pune 411 026
Phone: 91 20 66115656 / 27123501
Fax: 91 20 27129209
Office Type: Delivery Center, Regional Office
Description: Delivery Center Phone: 91 (020) 6631 1000 Delivery Center Fax: 91 (020) 6631 1299

Tata Consultancy Services
1 Mangaldas Road, Pune 411 001
Phone: 91 20 66086111
Fax: 91 20 6608 6199
Office Type: Delivery Center, Innovation Lab, Regional Office
Description: TCS Innovation Labs - Engineering & Industrial Services

Tata Reasearch Development & Design Centre,
54/B, Hadapsar Industrial Estate, Hadapsar, Pune 411 013
Phone: 91 20 66086333
Fax: 91 20 66086399
Office Type: Delivery Center, Innovation Lab, Regional Office
Description: TCS Innovation Lab - TRDDC
Focus: New technologies, models, tools and products

Tata Consultancy Services,
Godrej Millenium Condominium, First Floor, 9 Koregaon Road, Pune 411 001
Phone: 9120 66087888
Fax: 91 20 6608 7899
Office Type: Delivery Center, Regional Office,
Software Companies In Pune

Tata ConsultancyServices
Raja Shree Business Park, 8 Tadiwala Road, Pune 411 001
Phone: 91 20 66086666
Fax: 91 20 66086999
Office Type: Delivery Center, Regional Office

Tata Consultancy Services
Nyati Tiara, Survey No. 103/A-1/129, Nagar Road, Yerwada, Pune 411 006
Phone: 91 20 66087777
Fax: 91 20 66087799
Office Type: Delivery Center, Regional Office
Software Companies In Pune

Tata Consultancy Services Limited,
Quadra II, Opposite Magarpatta City, Hadapsar, Pune 411028
Phone: 020 6622 4444
Fax: 020 6622 4499
Office Type: Delivery Center, Regional Office

Infosys Technologies, Pune India

WEBSITE : www.infosys.com

Email  |  Phone : +91 20 2293 2800/01  | 

Address : Plot No. 1, Rajiv Gandhi Infotech Park, Hinjawadi, Taluka Mulshi, Pune - 411057

Provides consulting and IT services to clients globally

Tata Technologies, Pune

WEBSITE : www.tatatechnologies.com

Phone : 20 66529090  | 

Address : 25, Pune Infotech Park, Hinjewadi, Pune - 411057

Provides consulting, application implementation, remote engineering and software development services, in the areas of Product Design and Development, Manufacturing and Tooling, KBE, PLM, ERP, CRM and VCM.

KPIT Cummins Infosystems Ltd., Pune

WEBSITE : www.kpitcummins.com

Email  |  Phone : +91-20-66525000  | 

Address : Plot No 35/36, Rajiv Gandhi Infotech Park, Phase 1, MIDC, Hinjawadi, Pune - 411057

Company mainly focused on domain intensive technology solutions for manufacturing corporations (in Automotive, Industrials, Hi-Tech verticals, Semiconductor Solutions) and Diversified Financial Services.
Also offers Business IT & Intelligence to BPO / KPO.

Wipro Technologies, Pune

WEBSITE : www.wipro.com

Phone : 22933700, 22933750  | 

Address : Plot No 2, MIDC Pune Infotech Park Hinjewadi Pune - 411057

Tech Mahindra Limited, Pune

WEBSITE : www.techmahindra.com

Phone : +91 20 66018100  | 

Address : Sharda Centre, Off Karve Road, Pune - 411004

Tech Mahindra is a global systems integrator and business transformation consulting firm focused on the communications industry.
Tech Mahindra has offices in Pune at hinjewadi, vimannagar and karve road.

Tech Mahindra Limited
Sharda Centre, Off Karve Road,
Pune 411004, Maharashtra, India.
Telephone: +91 20 6601 8100
Fax: +91 20 2542 4466

Tech Mahindra Limited
Panchshil Tech Park,
Plot No.44 Vimannagar,
Pune - 411014, Maharashtra, India.
Telephone : +91 20 66078400
Fax: +91 20 66078730

Tech Mahindra Limited
Plot no 1, Phase III,
Rajiv Gandhi Infotech Park,
Hinjewadi,
Pune - 411 057, Maharashtra, India.

Capgemini India, Pune

WEBSITE : in.capgemini.com

Phone : 27601000  | 

Address : A-1, Technology Park, MIDC Talwade, Pune - 412114

Offers consulting, technology and outsourcing services globally.

Satyam Computer Services Ltd., Pune

WEBSITE : www.mahindrasatyam.net

Email  |  Phone : 20-30995000  | 

Address : Special Economic Zone - Unit DLF Akruti Info Parks Ltd. Plot No. 28, Block 3, Rajiv Gandhi Infotech Park Hinjawadi, Pune - 411057

Satyam Computer Services Ltd.
Special Economic Zone - Unit
DLF Akruti Info Parks Ltd.
Plot No. 28, Block 3, Rajiv Gandhi Infotech Park
Hinjawadi, Pune
Boardline: +91-20-3099-5000
Fax: + 91-20-3099-5800

Tara Heights
Satyam Computer Services Limited
Tara Heights,18 Sl. No.19/A CTS.No.20/21/25
Bombay - Pune Road
Near Mariaai Gate Police Station,Shivaji Nagar
Pune 411005
Tel: + 91-20-3092-2323
Fax: + 91-20-2581-9690

Pune Satyam Ikon
Satyam Computer Services Limited
CTS NO 18 and 18/1, Manikchand Icon Building
Bund Garden Road, Pune
Tel: + 91-20-3053-4343
Fax: + 91-20-3053-4800

3DPLM Software Solutions Limited, Pune India

WEBSITE : www.3dplmsoftware.com

Phone : 22906600, 66526600  | 

Address : Plot No. 5, 6 & 8, Pune Infotech Park, M.I.D.C, Phase-I, Hinjwadi, Taluka Mulshi, Pune. India - 411057
Software Companies In Pune

3DPLM Software Solutions Limited a Product Lifecycle Management (PLM) company is a joint venture between Geometric Ltd., a Product Lifecycle Management (PLM) software development and Dassault Systems, a provider of 3D PLM solutions.

Fluent India Pvt Ltd., Pune

WEBSITE : www.fluent.com

Email  |  Phone : +91-20-66522500, +91-20-22932770  | 

Address : Plot no 34/1, Rajiv Gandhi Infotech Park, MIDC, Hinjewadi, Pune. India - 411057

Fluent ( acquired by ANSYS ) has been in the development of CFD software for simulating fluid flow, heat and mass transfer, and a host of related phenomena involving turbulence, reactions, and multiphase flow.

Persistent Systems Limited, Pune

WEBSITE : www.persistentsys.com

Email  |  Phone : 25702000  | 

Address : Bhageerath, 402, Senapati Bapat Road, Pune - 411016

Offers outsourced software product development services.

Honeywell Automation India Ltd, Pune India

WEBSITE : www.honeywellautomationindia.com

Email  |  Phone : 91-20-66039400  | 

Address : 56 & 57, Hadapsar Industrial Estate, Hadapsar, Pune - 411013

Provider of integrated automation and software solutions.

Sybase India, Pune

WEBSITE : www.sybase.in

Phone : 66061900  | 

Address : Wing A. Level 3, Cybercity Tower 1, Magarpatta City, Hadapsar, Pune. India - 411028

Global IT solutions company with expertise in data and database technologies.

Axis Software Pvt. Ltd. Pune India

WEBSITE : www.axistech.com

Email  |  Phone : 25537530 / 03 / 25530297  | 

Address : 1215/2/13, K. P. Kulkarni Marg, Off Apte Road, Shivaji Nagar, Pune. India - 411004

Axis is claimed to be manufacture of Biometric as well as PIN based ATMs, ABMs, Kiosks and related applications for applications like Funds Transfer, Micro-Finance, Bill Payment, Check Cashing, Cash Depositing, Attendance & Access Control Systems (both logical and virtual), Ticketing systems and Large database systems for Voter Identification & Criminal Justice using biometrics etc.

                C-DAC Pune India

WEBSITE : www.cdac.in

Phone : +91-20-2570-4100  | 

Address : Centre for Development of Advanced Computing, Pune University Campus, Ganesh Khind, Pune. Maharashtra (India) - 411007

Premier R&D organization of the Department of Information Technology (DIT), Ministry of Communications & Information Technology (MCIT), Govt of India, for carrying out R&D in IT, Electronics and associated areas.

C-DAC Locations in Pune

C-DAC (Head Quarters)

Centre for Development of Advanced Computing
Pune University Campus
Ganesh Khind
Pune - 411 007
Maharashtra (India)
Phones:+91-20-2570-4100
Fax: +91-20-2569 4004

C-DAC

Centre for Development of Advanced Computing
Agriculture College Campus,
Near District Industries Centre
Shivajinagar, Pune – 411 005
Phones : (020) 25520112 / 25520113
Fax: (020) 25537564

C-DAC

5th Floor, NSG IT Park, Aundh,
Pune - 411007,
Maharashtra (India)
Phones:+91-20-25503100 / 2553200 / 25503300
Fax:+91-20-25503131

Zensar Technologies Ltd. Pune India

WEBSITE : www.zensar.com

Phone : +91 20 66074000  | 

Address : Zensar Knowledge Park, Kharadi, Plot #4, MIDC, Off Nagar Road, Pune - 411014

Zensar offers IT / Software, consulting and BPO services.

Accenture Services Pvt Ltd. Pune

WEBSITE : www.accenture.com/Countries/India/

Phone : 66253000 / 41451000  | 

Address : Tower 5, Cybercity, 143, Magarpatta City, Hadapsar – Mundhwa Road, Hadapsar, Pune - 411013

Accenture is a global consulting, technology and outsourcing services company. Accenture has 2 delivery centers in Pune at Magarpatta City, Hadapsar, Pune.

Accenture Services Pvt Ltd.
Tower 5, Cybercity,
143, Magarpatta City,v Hadapsar – Mundhwa Road,
Hadapsar,
Pune – 411013
Tel: +91 20 6625 3000
Fax: +91 20 6620 1900

Accenture Services Pvt. Ltd.
Building B1,
Magarpatta SEZ,
Magarpatta City,
Hadapsar Mundhwa Road,
Hadapsar,
Pune - 411013
Tel: +91 20 4145 1000
Fax: +91 20 4145 1001

IBM India Pvt. Limited. Pune

WEBSITE : www-07.ibm.com/in/city/maharastra/pune/

Phone : 1800 425 1266  | 

Address : Ozone,SP Infocity, Saswad Road, Hadapsar, PUNE. India - 412308

Patni Computer Systems Ltd., Pune India

WEBSITE : www.patni.com

Email  |  Phone : 27105000  | 

Address : Unit 5-8, Electronic Sadan III, MIDC Bhosari Pune - 411026

Patni Computer Systems Ltd.
Unit 5-8, Electronic Sadan III, MIDC Bhosari Pune 411 026 India.
Tel: +91 20 2710 5000 Fax: +91 20 2712 1882

Patni Computer Systems Ltd.
EL 31/10, "J" Block MIDC, Bhosari Pune 411 026 India.
Tel: +91 20 3985 6000 Fax: +91 20 2712 3396

Patni Computer Systems Ltd.
Level 0,1,2,5 & 6 Tower III Cyber City, Magarpatta City Hadapsar Pune 411 013 India.
Tel.: +91 20 3984 2000 Fax: +91 20 3984 2082

CECsoft

WEBSITE : www.cecsoft.com

Email  |  Phone : +91.20.22933606  | 

Address : Plot no: 3, Pune Infotech Park Hinjawadi, Pune. Maharashtra India - 411057

CECSoft is an IT Solutions company based in the D.C. metro area that provides a broad range of IT services and offshore outsourcing solutions to large and medium-sized businesses.

MphasiS

Software Companies In Pune

WEBSITE : www.mphasis.com/ContactUs/Contact_ourOffices.html#Pune

Pune Offices

Marisoft, 15/1 - 15/6 Vadgaonsheri Kalyani Nagar Pune 411 014, India 
Tel: +91 20 6609 5555 Fax: +91 20 6609 5556

Tower II, Level 2 & 3 Cybercity, Magarpatta Hadapsar Pune - 411 013 Maharashtra, India 
Tel: +91 20 6606 9000 Fax:+ 91 20 6606 9010

Tower IV Cybercity, Magarpatta Hadapsar Pune - 411 013 Maharashtra, India 
Tel: +91 20 4014 1000 Fax: +91 20 4014 1432

Cluster C, EON Kharadi SEZ MIDC, Kharadi Pune - 4110114, India 
Tel: +91 20 6617 0000

Red Hat Software Services (India) Private Limited, Pune

Phone : +91 20 304 67000  | 

Address : Tower X, Level-1, Cybercity, Magarpatta City, Hadapsar, Pune - 411013

Hindavi Technologies & Consulting Services (HTCS), Pune India

WEBSITE : www.hindavi.in

Email  |  Phone : +91 20 24215324, +91 9922972086  | 

Address : Office 13-14, Ruturang AB, Aranyeshwar Marg, Satara Road, Pune India - 411009

As per description on its WEBSITE HTCS offers following IT and Web Solutions services

·  Offshore Software Development

·  Web Design and Development, Web Application development

·  E-Strategy Consulting

·  Ecommerce solutions

·  Multimedia and Design Solutions

·  Wireless Technologies

·  Mobile Game Development

·  Flash Animations

·  IT Staffing

Ecotech IT Solutions Pvt. Ltd.

WEBSITE : www.ecotechservices.com

Phone : +91 20 30480000  | 

Address : Sunshree 'Woods' Commercial Complex. NIBM Road, Pune INDIA. - 411048

Ecotech IT Solutions Pvt. Ltd. is claimed to be offering following services and solutions

·  Web Design & Development, Flash development, SEO

·  Desktop Applications, Mobile development

·  Custom application development

·  Software testing

·  Multimedia and Animation

·  eLearning

AccelTree Software Private Limited, Pune

WEBSITE : www.acceltree.com

Email  |  Phone : 66033122 / 25652550  | 

Address : 305, Pride Kumar Senate, Senapati Bapat Road, PUNE - 411016

Company specialize in mobile application development. Corporate headquarter of the company is in Pune.

Upside Learning Solutions Pvt. Ltd. Pune India

WEBSITE : www.upsidelearning.com

Email  |  Phone : +91-20-2523 6050 / 51 / 52  | 

Address : Punakar Complex, Survey No-117, 1st Floor, Opposite Popular Nagar, Bangalore Pune Highway, Warje, Pune. Maharashtra, India. - 411052

Offers eLearning and learning management products and services.

Geometric Limited, Pune

WEBSITE : www.geometricglobal.com

Email  |  Phone : 22906000  | 

Address : Geometric Limited (Red Fort) Plot No. 15/B Pune Infotech Park MIDC, Hinjewadi Taluka Mulshi Pune - 411057

Services

Offers software and engineering solutions.

Pune Locations

Geometric Limited (Red Fort)
Plot No. 15/B Pune Infotech Park
MIDC, Hinjewadi Taluka Mulshi
Pune 411 057 India
T +91.20.22906000
F +91.20.22932760

Geometric Limited (STPI)
Embassy TechZone,
Plot No. 3, Block No. 11,
Nile Building, Rajiv Gandhi Infotech Park,
MIDC, Hinjewadi, Phase-II,
Village - Marunji,
Pune 411 057 India
T +91.20.40284444
F +91.20.40288182

JoyTree Software, Pune India

WEBSITE : joytree.in

Design and develop WEBSITEs, web applications and custom software for corporates, organisations and NGOs. JoyTree provides special discounted rates to NGO.

Syntel, Talwade Pune India

WEBSITE : www.syntelinc.com/Company.aspx?id=97#pune

Address : Talawade, Pune

Offers IT and KPO services.

BMC Software, Pune India

WEBSITE : www.bmc.com/en-IN/contacts-locations/

Email  |  Phone : +91-20-4017-5000 / Toll-Free: (800) 610-1013 / Other: (713)  | 

Address : Tower A, ICC Tech Park Senapati Bapat Road Pune - 411016

IBN Technologies Limited, Pune India

WEBSITE : www.ibntech.com

Email  |  Phone : +91-20- 24264182 /83  | 

Address : Crystal Corporate, 306, Third Floor, Bibwewadi - Kondhwa Road, Pune. India - 411037

Offers IT, BPO, KPO, LPO services.

American Home Mortgage Servicing India Private Limited ( AHMSI ) Pune

WEBSITE : www.ahmsi3india.com

Email  |  Phone : +91-20-3041-6500  | 

Address : Tower VI - Level 1,3 and 4 Cybercity, Magarpatta City Hadapsar, Pune. India - 411013

Offer KPO and ITO services to parent company.

Ace Brain Technologies Pvt. Ltd Pune India

WEBSITE : www.acebrain.com

Email  |  Phone : +91 20 64019348, 64010058  | 

Address : 'Harsh Bungalow', Plot No. 2, Survey No. 5A/2B/1, Vidisha Society, Karve nagar, Pune. Maharashtra, INDIA. - 411052

Company is claimed to be offering Engineering, Design and IT & ITES services.

Tools & Technology used

• CAD / CAM : Pro - E, CATIA V5, think3
• Microsoft Sharepoint, Infopath, C# .Net

Software Companies In Pune

L&T Infotech, Pune India

WEBSITE : www.lntinfotech.com

Phone : + 91 20 6641 6262  | 

Address : Godrej Eternia-A, 4, Mumbai-Pune Road, Shivaji Nagar, Pune - 411005

Global IT services and solutions, BPO services provider.

Tieto Software Technologies Pvt. Ltd

WEBSITE : www.tieto.in

Address : Wing 1, Cluster D, EON Free Zone, MIDC Kharadi Knowledge Park, Pune. Maharashtra, India - 411014

IT services company

Pune Offices

Wing 1, Cluster D, EON Free Zone, MIDC Kharadi Knowledge Park, Pune-14, Maharashtra, India

8th Floor, D Building, Weikfield IT Citi Info Park, Nagar Road IN-411 014 PUNE
Telephone: +91 (20) 6604 2233 / 2244
Fax: +91 (20) 6604 2255

PTC Software (India) Pvt. Ltd. / Parametric Technology (India) Ltd R&D - Pune

WEBSITE : www.ptc.com

Global software products and services company.

Pune Offices

Parametric Technology (India) Ltd R&D - Pune

PTC Software (India) Pvt. Ltd.
Marisoft - II, Survey No. 15, Vadgaonsheri, Kalyaninagar, Pune. India 411 014 
Phone: +91 20 6605 3000
Fax: +91 20 6605 3009

India Private Limited - Pune

104, City Tower, Dhole Patil Road, Pune. India. 411 001 
Phone: +91 20 6608 3666
Fax: +91 20 5608 3663

COLOGICX Systems Ltd. Pune

WEBSITE : www.cgclogic.com

Email  |  Phone : +91-20 -24215364, 24215365  | 

Address : 42, Electronic Cooperative Estate, Pune-Satara Road, Pune. India - 411009

Offers standard and customized products and solutions for Management of Electrical Energy, Diesel Power, Sequential Process Control and Voice and Data.

Careers at COLOGICX Systems Ltd.

WebSource Technologies Ltd. Pune India

WEBSITE : www.websource.co.in

Email  |  Phone : +91 20 25662021  | 

Address : 1133/5, F C Road, Opposite Police Grounds, Pune. India - 411016

Is claimed to be a product based IT company offering Internet solutions for travel & tourism industry.

Jobs at WebSource Technologies Pune

In Nov 2011 WebSource Technologies has posted jobs of Seniors Web Designer and Senior Software Engineer at company WEBSITE.

Visit Jobs page of WebSource Technologies Pune

Artificial Machines Pvt. Ltd. Pune India

WEBSITE : www.artificialmachines.com

Email  |  Phone : +91 20 32343984  | 

Address : Survey no. 74 + 84, Plot No. 16, Ramtekdi Industrial Estate, Pune India - 411013

IT Software services company.

softUsvista, Pune India

WEBSITE : www.softusvista.com

Email  | 

Address : Office No 1 & 2, Datta Vihar, Bhekrai Nagar, Phursungi, Pune. India - 412308

Software / IT services, WEBSITE development services company.

RevoSolution, Pune India

WEBSITE : www.revosolution.com

Software and web development company.

XNet Inc. Pune India

WEBSITE : www.xnetindia.com

Email  |  Phone : +91-937-145-8987  | 

Address : D-2 Kanchanjunga Soc. Shivanand Gardens, Kothrud, Pune, INDIA - 411038

Offers IT solutions and services, web designing and development services.

Vatsa Solutions, Pune India

WEBSITE : www.vsplc.com

Email  |  Phone : +91 (020) 254-56679  | 

Address : 305, RudraGauri 3/5, Behind SBI Karve Road Branch, Erandawane, Pune, MS. INDIA - 411004

Software services company.

Kakasoft, Pune

WEBSITE : www.kakasoft.com

Email  |  Phone : 56213898  | 

Address : H-1, 6 Krishnakeval Nagar Kondhwa, Pune INDIA - 411048

Developer of file / data encryption and protection software.

Kale Consultants Ltd., Pune

WEBSITE : www.kaleconsultants.com

Email  |  Phone : 66083777  | 

Address : Kale Enclave, AG-4 and AG-5, Ground Floor, Sharada Arcade, Satara Road, Pune - 411037

Provider of software products and outsourced services to the Travel & Transportation industry.

Harbinger Knowledge Products, Pune

WEBSITE : www.harbingerknowledge.com

Email  |  Phone : 25284201  | 

Address : 139, "Siddhant", Survey No. 97/6, Off. Paud Road, Kothrud, Pune - 411038

Harbinger Knowledge Products offers interactivity solutions for knowledge-sharing applications including learning, presentation and web development.

Products include

·  Raptivity

·  YawnBuster

·  TeemingPod

Aftek Limited, Pune

WEBSITE : aftek.com

Email  |  Phone : 22952021  | 

Address : 501, Kapil Zenith, Survey No. 55, Near Chandani Chowk, Bavdhan, Pune. India - 411021

Offerings - IT services, embedded systems, hardware engineering, testing services.

Advent Software Pvt. Ltd., Pune

WEBSITE : www.adventsoftware.net

Phone : 26051986  | 

Address : AFL House, 347 A, Off Dhole Patil Road, Pune. India - 411001

IT solutions, products and services provider. Specialize in healthcare information systems.

Brainvisa Technologies Pvt. Ltd.

Software Companies In Pune

WEBSITE : www.brainvisa.com

Email  |  Phone : 40709549  | 

Address : Amar Arma Genesis, Sr. No. 2/1 & 2/2, Baner Road, Baner, Pune - 411045

Products and services - learning management system, learning technology solutions, eLearning.

Compulink Systems Ltd. Pune

WEBSITE : newWEBSITE.compulinkgroup.com

Email  |  Phone : 66528000  | 

Address : "Kshitij", Plot No. 38, Rajiv Gandhi Infotech Park Hinjewadi, Pune - 411057

Cybage Software Pvt. Ltd. , Pune India

WEBSITE : cybage.com

Email  |  Phone : 66041700  | 

Address : West Avenue, Kalyani Nagar, Pune. India - 411006

Services

Cybage is claimed to provide services like

·  Software Development

·  Software Maintenance

·  Software Re-engineering

·  Technical Support

·  User Interface Design

·  Documentation

·  Testing & Quality Assurance

Headquarters

Cybage Software Pvt. Ltd.
West Avenue, Kalyani Nagar,
Pune - 411006
Ph: 91-20-66041700
Fax: 91-20-66041701

Additional Development Center

Survey No 13A/ 1+2+3/1
Vadgaon Sheri
Pune 411014

01 Synergy, Pune

WEBSITE : www.01synergy.com

Email  |  Phone : 2638306 / 66017797  | 

Address : 149 Bhawani Peth, Pune, Maharastra. India - 411042

01 Synergy, an IT company has development lab in Pune.

Uniken, Pune

WEBSITE : www.uniken.com

Email  |  Phone : 66427970/71  | 

Address : Office # 1, Shrileela Plaza, Baner Road, Pune. Maharashtra India. - 411045

Technology innovation, product design and product engineering company.

Deeksha Systems Pvt. Ltd, Pune

WEBSITE : www.deekshasystems.com

Email  |  Phone : 32911117  | 

Address : Deeksha House, Survey # 115, Baner Mhalunge Road Baner Road, Pune. Maharashtra, India. - 411045

Deeksha systems is provider of IT enabled solutions to facilitate management and delivery of education.

Blueberry, Pune

WEBSITE : www.blueberry.co.in

Email  |  Phone : 27460137  | 

Address : Hotel Prince Building, Mumbai-Pune Road, Chinchwad, Pune. Maharashtra India - 411019

Blueberry is IT technology services company.

Company is claimed to provide services in R & D, IT technology Services, Enterprise and Applications Consulting, Networking, Peripherals & Consumables, IT Hardware, Systems Integration.

Vertex, Pune

WEBSITE : www.vertexsoft.com

Email  |  Phone : 66041500  | 

Address : AG Technology Park, Server Space, Off. ITI Road, Aundh, Pune India - 411007

Software product development, mobile technology and software testing services company.

Neeti Solution Private Limited, Pune

WEBSITE : www.neetisolutions.com

Email  |  Phone : 25660564  | 

Address : 5, Parth, Prabhat Road, Pune - 411004

Registered Office of Neeti solutions :
4, Ravindra Society, Sahakar nagar No. 1, Pune 411009

UBpine Inc. Pune

WEBSITE : www.ubpine.com

Email  |  Phone : +91 (20) 3233 4849  | 

Address : 1st Floor,Sai Anand Park, Karve Nagar, Pune - 411052

UBpine Is claimed to be offering IT services which include Consultation, Offshore Outsourcing, Web Services and Software Services.

Talentica Software, Pune

WEBSITE : www.talentica.com

Phone : +91 20 40751111  | 

Address : B-7/8, Anmol Pride Survey No. 270/1/16, Baner Pune - 411045

Headquarters
B-7/8, Anmol Pride
Survey No. 270/1/16, Baner
Pune 411045
Tel: +91 20 4075 1111
Fax: +91 20 2729 2749

Development Center
Office No. 101B, Nano Space
Survey No. 5/1B/2, Baner,
Pune 411045
Tel: +91 20 4075 6666
Tel: +91 20 4075 6699

Cranes Software International Limited, Pune

WEBSITE : www.cranessoftware.com

Email  |  Phone : 40032245/46/47  | 

Address : No 301&302, 3rd Floor Corporate Plaza, Senapati Bapat Road, Shivajinagar Pune - 411016

Pune regional office of Cranes Software International Limited.

Software Companies In Pune

DSS Systems & Software Technologies Limited.

WEBSITE : www.dssinfotech.com

Email  |  Phone : 26122501  | 

Address : Nalin Chambers, 173 Dhole Patil Road, Pune. India - 411001

Software development and six sigma consulting company.

Suma Soft Private Limited, Pune India

WEBSITE : www.sumasoft.com

Email  |  Phone : 20-25425655, 20-40130400  | 

Address : "SumaCenter", Opp. Himali Soc. Erandawane, Pune - 411004

IT services and BPO company.

eInfochips Limited. Pune

WEBSITE : www.einfochips.com

Email  |  Phone : 41402525  | 

Address : B Wing, Level 6,Tower 10, Cybercity, Magarpatta City, Pune - 411028

eInfochips is an IP driven Product Development Services Company . The company is claimed to offer services & solutions in Chip/ASIC, Embedded Systems and Software Product Development.

Pesh-Infotech Pvt. Ltd. Pune

WEBSITE : peshinfotech.com

Email  |  Phone : 9890388974  | 

Pesh-Infotech is claimed to be providing corporate training of SAP R/3 in technical & functional modules. It is also claimed to be into SAP R/3 offshore development of ABAP/4 & implementation.

Siemens PLM Software, Pune

WEBSITE : www.plm.automation.siemens.com/en_in/

Email  |  Phone : +91 20 41042600 / 26134454  | 

Address : White House, Lane B, 372/2, North Main Road, Koregaon Park, Pune. India - 411001

Product Lifecycle Management ( PLM ) solutions company. Company has development center and sales office in Pune.

Digital Group InfoTech Pvt. Ltd, Pune India

WEBSITE : www.thedigitalgroup.com

Email  |  Phone : +91 20 66532251 / 22932760  | 

Address : Pyramid Building, Plot No.5 Rajeev Gandhi InfoTech Park, Phase I Hinjewadi, Pune. India - 411057

IT Company with Delivery center in Hinjewadi Pune.

Headquarter

The Digital Group
World Headquarters
155 Village Boulevard
Princeton Forrestal Village
Princeton, NJ 08540 USA
Tel: +1.609.524.2441
Fax: +1.609.987.8892

FIRST INSIGHT SOFTWARE SOLUTIONS (I) PVT LTD.

WEBSITE : www.first-insight.com

Email  |  Phone : 020 22932644‎, 020 22932645‎  | 

Address : INCUBATION CENTER, PLOT NO.P1, STPI, Pune Infotech Park l, Hinjewadi, Pune - 411057

Practice management and EMR software company focused on the ophthalmic market.

Websym Technologies Pvt. Ltd., Pune India

WEBSITE : websym.com

Email  |  Phone : +91 (20) 66143400  | 

Address : Plot no. 34/2, Rajiv Gandhi Infotech Park - Phase 1, Hinjewadi, Pune. India - 411027

IT services compamy.

Starent Networks (India) Pvt. Ltd.

WEBSITE : www.starentnetworks.com/en/india.php

Phone : +91 20-22930100  | 

Address : P-17, Phase I, Rajiv Gandhi Infotech Park, Hinjewadi Pune. India - 411057

Starent Networks is provider of infrastructure solutions that enable mobile operators to deliver multimedia services to their subscribers.

INDICUS SOFTWARE PVT. LTD. Pune

WEBSITE : www.indicussoftware.com

Email  |  Phone : +91-20-2434-1287 / 88  | 

Address : 28, Varshananda Society, Anandnagar, Sinhagad Road, Pune. Maharashtra India - 411051

Offers Software Development, Consulting, ODC and other IT Services solutions.

ZenSOFT Services Pvt. Ltd, Pune

WEBSITE : www.zensoftservices.com

Email  |  Phone : +91.20.66296000  | 

Address : Above Bank of Maharashtra, Mayur Colony, Kothrud, Pune. India - 411029

Company is claimed to be offering Software Testing, Software Change & Configuration Management, and Enterprise Services Management services.

Simple Solutions

WEBSITE : www.simplesolutionsi.com

Email  |  Phone : +91-20-24458374 Mob: +91 9881152653  | 

Address : 102, New Guruprasad Society, 291 Shaniwar Peth, Pune - 411030

QualEx Systems Private Limited, Pune India

WEBSITE : www.qualexsystems.com

Email  |  Phone : 25406000  | 

Address : 426, Siddharth Towers, Bldg. No. 1, Near Sangam Press, Kothrud, Pune - India - 411029

YASH Technologies Pvt Ltd, Pune India

WEBSITE : www.yash.com

Phone : 91-20-66088000 / 01  | 

Address : Wing-A, Level - 6, Tower X, Cybercity Magarpatta City, Hadapsar Pune, MH - 411028

IT / Software Company

Fifth Elementz Technologies Pvt. Ltd. Pune India

WEBSITE : fifthelementz.com

Address : C-604, Mega Center, Magarpatta City, Hadapsar, Pune India - 411028

Company is claimed to be offering following services

·  Financial, Accounting, Payroll, Tax processing solutions and services.

·  Software and web development.

Pune Regional Office Fifth Elementz Technologies Pvt. Ltd.
C-604, Mega Center, Magarpatta City,
Hadapsar, Pune-411028

e2orb Technologies

WEBSITE : www.e2orb.com

Email  |  Phone : + 91 (020) 30473807  | 

Address : e2orb Technologies C-114, Mega Center, Hadapsar, Pune-Solapur Road, Pune, Maharashatra. - 411028

Company is claimed to be offersingDesktop & Web enabled Softwares, Web site design & development, Networking software solutions and software & WEBSITE maintenance services

Invengence Technologies Pvt. Ltd., Pune India

WEBSITE : www.invengence.com

Email  |  Phone : (020) 26820626 / 26821021 / 30906475  | 

Address : L-601, Megacenter, Magarpatta, Solapur Highway , Hadapsar, Pune - 411028

Invengence Technologies is claimed to be offering Software Development, Web Development, E-Commerce Solutions, Business Process Outsourcing , Wireless Development services.

TPS360°

WEBSITE : www.tps360.com

Email  |  Phone : 09923258302  | 

Address : Hinjewadi Ph 1, Pune, Maharashtra - 411057

TPS360° provides People, Technology, and Solutions. Company provides recruitment software.

Fidel Softech Pvt. Ltd. Pune India

WEBSITE : www.fideltech.com

Email  |  Phone : +91-20-66463200  | 

Address : "The HUB", Lane No. 6, North Main Road, Koregaon Park, Pune. MS. India - 411001

Business is claimed to be offering following services

• IT Services
• Application development
• IT Managed Services
• Maintenance services
• Consulting - Bilingual resources
• Project Management (Application or Infrastructure Project)
• IT Engineering & Execution
• BPO Consulting
• Business Process Outsourcing
• Localization
• Testing
• Training

Futurism Technologies Pvt Ltd, Pune India

WEBSITE : www.futurismtechnologies.com

Email  |  Phone : +91 20 6521 0241  | 

Address : Aria Tower, Mauje Baner, Baner Road, Pune India - 411045

Information Technology Solutions, Services & Consulting Company.

HSBC Software Development (India) Private Limited, Pune India

WEBSITE : www.hsbcglt.com

Phone : +91-20-26683000  | 

Address : HSBC Centre, Riverside, West Avenue, 25 B, Kalyani Nagar Pune. INDIA - 411006

Sonata Information Technology Limited, Pune India

WEBSITE : www.sonata-infotech.co.in

Email  |  Phone : 91-20-2588 7045, 2588 3406  | 

Address : 127/1, Flat No.2, Above Vidya Sahakari Bank Next to Hotel Sarjaa, Sanewadi, Aundh Pune - 411007

IT Software company.

TIBCO Software India Pvt. Ltd., Pune India

WEBSITE : www.tibco.com

Phone : +91 20 3021 2100  | 

Address : 5th Floor, Sai Radhe, B-Wing, Plot No. 100 & 101, R.B.M. Road, Behind Hotel Le-Meridien, Pune - 411001

IT Software Company in Camp Pune.

BitWise Solutions Pvt. Ltd Pune India

WEBSITE : bitwiseglobal.com

Email  |  Phone : 91 20 40102000  | 

Address : BitWise World Off Int'l Conventional Centre Senapati Bapat Road Pune - INDIA - 411016

Software IT services company.

SunBeam Computing Technologies Pvt. Ltd.

WEBSITE : www.sunbeaminfo.com/sct/

Email  |  Phone : 020 - 24260308 / 24272383  | 

Address : 'SunBeam' Plot R/2, Behind Hotel Fulora, Market Yard Road, Gultekdi, Pune - 411037

IT Company.

Saitech Datasystems Pvt. Ltd. Pune India

WEBSITE : www.saitech.in

Email  |  Phone : (+91)-20-25361839  | 

Address : 52/1, Office No. 2, Shantiban Commercial Complex, Near Eklavya Polytechnic College, Off Paud Road, Kothrud, Pune India - 411038

Offers data processing, IT and web design development services.

NVIDIA, Pune India

WEBSITE : www.nvidia.in/page/companyinfo.html

Phone : (91) 20 6641 3000  | 

Address : Plot No.4, Survey No. 1678 to 1683, Panchshil Tech Park, Between Rahul Cinema and Hotel Pride, Shivaji Nagar, Pune Maharashtra India - 411005

NVIDIA is multinational Computing application development company specializing in graphics and video products.

Survik Software Ltd. Pune India

WEBSITE : www.survik.com/consulting

Email  |  Phone : (020) 27292427 / 27292428  | 

Address : 2nd Floor, Sapphire Chambers, Baner Road, Baner, Pune - (Maharashtra) India. - 411045

IT and software services company.

Nihilent Technologies Pvt. Ltd. Pune India

WEBSITE : www.nihilent.com

Email  |  Phone : +91 (20) 39846100  | 

Address : 4th Floor, Weikfield IT Citi Infopark, Nagar Road, Pune India - 411014

Technology consulting and solutions providers company.

BioEnable Technologies Pvt. Ltd. Pune India

WEBSITE : www.bioenabletech.com

Address : 2nd Floor, The Avenue, Pune-Solapur Road, Hadapsar, landmark: Opp. Mega Center, Pune. MH, India - 411028

Cross Country Infotech Pvt. Ltd. Pune India

WEBSITE : www.crosscountry.in

Email  |  Phone : +91-20-25663181 / 40032496  | 

Address : G1, Sigma House, Near ICC Tech Park, Senapati Bapat Road, Pune INDIA. - 411016

IT Software company.

Cympac Software Solutions Pvt. Ltd.

WEBSITE : www.cympac.com

Email  |  Phone : +91-20-66204266  | 

Address : Office No. 002, First Floor, "Punit-Yash" Arcade, Karve Road, Near Kothrud Stand, Pune. Maharashtra, India - 411038

Software IT solutions, web design and development company.

Sankalp Computer & Systems Pvt. Ltd. Pune India

WEBSITE : www.sankalptech.com

Email  |  Phone : +91 20 26127947 / 41062300  | 

Address : Srv. No. 440-441, 1st Floor, Narpatgiri chowk, Mangalwar Peth, Opp. Ladkat Petrol Pump, Pune. Maharashtra, India. - 411011

Software & web development company.

Yardi Software India Pvt Ltd Pune

WEBSITE : www.yardi.com

Phone : +91 20 25609000  | 

Address : 2nd Floor, Sigma House Off Senapati Bapat Road, Pune. India - 411016

Offer software products, solutions and services for real estate industry.

SpadeWorx Software Services, Pune India

WEBSITE : www.spadeworx.com

Address : 302, Sai Apex, Dutta Mandir Chowk, Viman Nagar, Pune. India - 411014

IT Software company.

Ignify, Pune India

WEBSITE : www.ignify.com

Email  |  Phone : +91(20)66218101  | 

Address : KPCT, C-Wing, Suite no 401, 4th Floor, Fatima nagar, Pune - 411013

Ignify si claimed to be providing implementations services for ERP, Business Intelligence, CRM and eCommerce initiatives.

Synygy India Pvt. Ltd. Pune India

WEBSITE : www.synygyindia.com

Phone : +91-20-40106666  | 

Address : 5th Floor, Pride Parmar Galaxy 3/4 B.J. Road Pune, India - 411001

It company

Verve Communications Pvt. Ltd. Pune India

WEBSITE : www.vervegs.com

Email  |  Phone : + 91-20-41056789  | 

Address : 703, Cerebrum IT Park, Kalyani Nagar, Pune. India

BPO and IT services company

C3IT Software Solutions Pvt. Ltd.

WEBSITE : www.c3itsolutions.com

Email  |  Phone : +91-206-640-1700  | 

Address : 39, Suyojana Society, Lane 5, Koregaon Park, Pune - 411001

IT services and consulting company.

Saama Technologies (India) Pvt. Ltd.

WEBSITE : www.saama.com

Email  |  Phone : (+91) 20 − 66071500  | 

Address : Unit No. 101-102, First Floor, Weikfield IT CITI INFO PARK, Weikfield Estates, Pune Nagar Road, Pune - 411014

Consulting and software services company.

Clogeny Technologies

WEBSITE : clogeny.com

Email  |  Phone : +91-9890361223  | 

Address : Plot no. 34/2, Rajiv Gandhi Infotech Park – Phase 1, Hinjewadi, Pune – India - 411057

Offers software development and outsourcing services.

Vercingetorix Technologies Pvt. Ltd. Pune India

WEBSITE : vxtindia.com

Email  |  Phone : +91-9960980066  | 

Address : L-509, Megacenter, Pune Solapur Highway, Hadapsar, Pune. Maharashtra India - 411028

Services

Development of Mobile and Web applications

Opus Software Solutions Private Limited, Pune India

WEBSITE : www.opussoft.com

Email  |  Phone : +91 - 20 - 6627 2100  | 

Address : I st Floor, Building No: 04, Commerzone, Samrat Ashoka Path, Off Airport Road, Yerwada, Pune. Maharashtra - India - 411006

Saband Software Technologies Pvt. Ltd. Pune India

WEBSITE : www.saband.com

Email  |  Phone : +91-202.545.0495 /96  | 

Address : 127/1B/1, 3rd Floor, Gopal House, Karve Road, Kothrud, Pune - 411029

vemployee

WEBSITE : www.vemployee.com

Email  |  Phone : +91 20 66009500  | 

Address : Fourth Floor, Tower S - 4 Magarpatta City, Hadapsar, Pune, Maharashtra, India. - 411028

Leo TechnoSoft Pvt Ltd Pune India

WEBSITE : www.leotechnosoft.net

Email  |  Phone : +91 20 2689 9853 Mobile:+91 97652 89988  | 

Address : Unit No:201, Tower S4, Phase II, Cyber City, Magarpatta Township, Hadapsar, Pune. - 411013

Clarion Technologies Pune

WEBSITE : www.clariontechnologies.co.in

Email  |  Phone : +91 20 66009500  | 

Address : Fourth Floor, Tower S - 4, Magarpatta City, Hadapsar, Pune - 411028

Software Companies In Pune

Tashw Solutions, Pune India

WEBSITE : www.tashwsolutions.com

Email  |  Phone : +91-020-30421914  | 

Address : A-407/408, Mega Centre, Hadapsar, Pune, Maharashtra, India - 411028

Web design and Development, Mobile application development company.

TSQUARE Software Pvt. Ltd. Pune

WEBSITE : www.tsquare.co.in

Email  |  Phone : (+91) 020 2689 0579  | 

Address : K-305, Mega Center, Off. Pune-Solapur Road, Hadapsar, Pune. Maharashtra, India - 411028

Company develops and offers business flow management applications and services.

SanSoft Services Pune

WEBSITE : www.sansoftservices.co.in

Email  |  Phone : 020-25632123, Mob : 9850037952  | 

Address : 17, Shivaji Housong Society, Behind ICC Trade Tower, off. Senapati Bapat Road, Pune - 411016

Sellcraft Softech Pvt. Ltd.

WEBSITE : www.sellcraft.net

Email  |  Phone : +91 - 20 - 66064000  | 

Address : #604, 6th Floor, Pentagon Tower, P-1, Magarpatta City, Hadapsar, Pune. India. - 411028

Offers IT services

SAS Research & Development, India

WEBSITE : www.sas.com/offices/asiapacific/india/contacts/

Phone : 91-20-30418888  | 

Address : Level 2A & Level 3, Cybercity. Tower 5, Magarpatta City, Hadapsar, Pune - 411013

Cerillion Technologies (I) Pvt. Ltd.

WEBSITE : www.cerillion.com

Email  |  Phone : +91 (0) 20 3041 8000 / 8035  | 

Address : Cyber City, Tower V, Level – 2, Wing – B, Magarpatta City, Hadapsar, Pune. India - 411013

Reflexis Systems India Private Limited Pune

WEBSITE : www.reflexisinc.com

Phone : Phone: (91) 20 6625 7300  | 

Address : Tower No. 5, A Wing, Upper Ground Floor Cybercity, Magarpatta City Hadapsar, Pune - India - 411028

Company offers retail executJohn Deere Technology Center, Pune

WEBSITE : www.deere.com/en_IN/index.html

Phone : 020-66425000  | 

Address : Cybercity, Magarpatta City, Hadapsar, Pune - India - 411028

ion management solutions.

ZS Associates India Private Ltd., Pune

WEBSITE : www.zsassociates.com/about/offices/zs_pune_office/

Phone : +91 20 6606 5000  | 

Address : Magarpatta Cybercity, Tower 12, Level 6, Hadapsar, Pune. India - 411013

ZS Associates is a global management consulting firm. Firm is claimed to be specializing in sales and marketing consulting, capability building, and outsourcing.

Spectraforce Technologies, Pune

WEBSITE : www.spectraforce.com

Phone : Tel: +91.20.3022 0200  | 

Address : Unit K-401, 3rd Floor, Megacenter, Hadapsar, Pune. India - 411028

Offers Consulting, Staffing and Outsourcing services & solutions.

AGS Technologies

WEBSITE : agstechnologies.com

Email  |  Phone : +91 20 64705901  | 

Address : 102, Bhama Emerald Pune-Satara Road Dhankawadi, Pune INDIA - 411043

It company offering Software and web development services.

Ameya Software Pune

WEBSITE : www.ameyasoftware.com

Email  |  Phone : +91-20-25441159  | 

Address : 'Samadhan', Patwardhan Bag. S.No. 21, Pune. India. - 411004

Decos Software Development, Pune India

WEBSITE : www.decossoftdev.com

Email  |  Phone : +91 (0)20 664 66 700, 664 66 800  | 

Address : 2nd Floor, Muttha Towers, Airport Road, Yerawada, Pune. India - 411006

It services and product development company.

SEED Solutions Pune

WEBSITE : seedsolutions.co.in

Address : "Panchsheel", 42/16, Erandawane, Income Tax Office Lane, Karve Road, Pune - INDIA. - 411004

A Division of SEED Infotech Ltd.

WYSE Biometrics Systems Pvt. Ltd. Pune

WEBSITE : www.wyse.co.in

Email  |  Phone : 91-20-2422 4058, 2422 5268  | 

Address : Survey 82-1, Plot 20, Sahakarnagar 1, Aranyeshwar Road, Parvati, Pune. INDIA - 411009

Develops security solutions for IT industry.

eVision Infotech, Pune India

WEBSITE : www.evisioninfotech.com

Address : 2nd Floor, L. K. Heights, 556/2, Shaniwar Peth, N.C. Kelkar Road, Opp. SNDT’s Kanyashala, Near Appa Balawant Chowk (ABC), Pune. MAHARASHTRA. - 411030

Software Development and Training company.

Quagnitia Systems Pvt. Ltd. Pune

WEBSITE : www.quagnitia.com

Email  | 

Address : 105/106, Times Square, Pune-Satara Rd, Pune. Maharashtra (INDIA) - 411037

Offers software solutions, web development, BPO services.

Synise Technologies Ltd. Pune India

WEBSITE : www.synise.com

Phone : 91-20-30277500 / 501  | 

Address : "Omkar" Plot No A-8, Shivtirth Nagar, Paud Road, Kothrud, Pune (INDIA) - 411038

Part of Kalyani group. Offers procurement management, supply chain management, supply management services, IT serrvices and products.

Qseap Technologies Pvt. Ltd. Pune India

WEBSITE : www.qseap.com

Phone : +91 20-3240-6154, Mobile: +91 99870 83929  | 

Address : B-801, Amar Courtyards, New D.P. Road, Malwadi, Hadapsar, Pune, Maharashtra, INDIA - 411028

Software application and web development services company.

Kalyani Infotech Pune India

WEBSITE : www.kalyaniinfotech.com

Offers IT, Networking, Design and Training services.

Quicsolv Software Pune India

WEBSITE : www.quicsolv.com

Email  |  Phone : +91 9890660086, +91 20 64011634  | 

Address : Plot No. A-7, First Floor, Friends Enclave, Opp. Sai Hira, Sr.No. 60/1, Mundhwa Road, Pune - 411036

Software, Web development company.

Golden Ball Technologies Pune

WEBSITE : www.goldenballtech.com

Phone : +91 9765277730,+919764267661  | 

Address : "Santoshi Krupa", Survey No.:- 79, Jai Bhavani Nagar , Nr. Bankar Garden, Hadapsar Pune Maharashtra INDIA - 411028

Offer Integrated Mechanical, Electronic and Software Solutions.

Texnovate Solutions Private Limited, Pune India

WEBSITE : www.texnovate.com

Phone : +91 98817 86005  | 

Address : Unit 2, Nitron Classsic St. Patricks Town Pune - 411013

Offers software product development services.

Indenture Technologies, Pune India

WEBSITE : indenturetech.com

Email  |  Phone : 020-64000241, +91-9922380815, +91-8956610666  | 

Address : Sr. No. 63/9B, Kedari Nagar, Wanawadi, Pune. Maharashtra India - 411040

Offers software development, WEBSITE development services

Binary Computer Systems, Pune India

WEBSITE : www.binarycomputersystems.com

Email  |  Phone : +91 20 26980642  | 

Address : Near SP Infocity (IT/ITeS SEZ), Phursungi, Pune. Maharashtra, India - 412308

Software, Web Development services.

Software Companies In Pune

mRova Solutions, Pune India

WEBSITE : www.mrova.com

Phone : +91-9970281930  | 

Address : Apt 4, Vidi Building, Near Camelia, Jambulkar Chowk, Wanowarie, Pune, Maharashtra - 411040

Offers IT services.

Hoonar Tekwurks Consulting LLP, Pune India

WEBSITE : www.hoonartek.com

Address : Suite# 204, YashShree Building, B.T. Kawade Road, Ghorpuri, Pune. MH India - 411001

Company provides solutions and data integration capability for business analytics and optimization.

ComPos Pune India

WEBSITE : www.comops.com.au

Address : Suite 411 4th Floor, South Wing Sacred World, Wanowarie Pune, Maharashtra, INDIA - 411040

IT services company

Urjit Technologies, Pune India

WEBSITE : www.urjit.com

Phone : +91.20.65009289  | 

Address : Bangalow No. 1,Mantri Aangan, Mundwa Road, Pingale Wasti, Koragaon Park Extn. Pune India. - 411036

Offers software development services.

Vsoft Solutions & Consultancy Pvt. Ltd.

WEBSITE : vsoftsolutions.net

Email  |  Phone : +91 20 6400 0181 / 2683 6813  | 

Address : 10, Gulmohar Orchids, Sahaney Sujan Park, Lullanagar, Pune - 411040

Offers Software products, services and consulting.

Xento Systems Pvt. Ltd. Pune India

WEBSITE : www.xento.com

Email  |  Phone : +91-20-30481988  | 

Address : 12B, 1st floor, Prem Deep, Near Sindh Hindu Society, LullaNagar, Pune. Maharashtra, India. - 411040

Offers customs web design and development services.

TechnoPENTA Software Solutions

WEBSITE : www.technopenta.com

Email  |  Phone : +91 206-416-8137 +91 202-681-0215  | 

Address : S.No.40/1C/3, Keshavnagar, Near Florida Estate, Mundhawa, Pune (Maharashtra India) - 411036

Software, web design, web application development company.

XTPL Pune India

WEBSITE : www.xercestechnologies.com

Email  |  Phone : +91 20 41285691  | 

Address : B15/16, VidyutNagar, Lane No 9, Koregoan Park, Pune - 411001

Software development, Web development company.

GreenFrog IT Solutions Private Limited Pune

WEBSITE : www.greenfrog.co.in

Email  |  Phone : 020-30429252  | 

Address : 103, Green Terraces, Lane No 5, South Main Road, Koregaon Park, Pune, Maharashtra - 411001

Provider of Corporate IT Training and Consulting Services.

Newton Software Pvt Ltd. Pune India

WEBSITE : www.newtonindia.com

Email  |  Phone : (020)- 25458652 / 25464128, 09370553796 / 9370553793  | 

Address : A-2, A-7,A-8, Meenal Apartment, Nalstop, Erandwana, Karve Road, Pune - 411004

Software Company.

Enzigma Software Pvt. Ltd. Pune India

WEBSITE : www.enzigma.com

Phone : +91 20 2729 3175  | 

Address : 201 Mont Vert Zenith, Near Baner Telephone Exchange, Baner Road, Pune. India - 411045

Offers software, customs application development services.

Affinity Express, Pune India

WEBSITE : www.affinityexpress.com

Address : 247/2, Hinjewadi, Pune. - 411057

Affinity Express is the business process outsourcing company dedicated to print and interactive advertising and marketing production services.

SOFTAiD SYSTEMS, Pune India

WEBSITE : www.softaidsystems.com

Email  |  Phone : +91-20-30425598,+91-20-30529562  | 

Address : G Wing, 208, Mega Centre, Magarpatta , Hadapsar, Pune. Maharashtra, India - 411028

SOFTAiD SYSTEMS is claimed to be offering application / Web Based software development, consulting, Development and distribution of software products, Systems integration and data Processing services.

Amarya Technologies, Pune India

WEBSITE : www.amaryait.com

Phone : 91-20-64783909, 30491315  | 

Address : C-303, 304 & 305, Mega Center, Pune-Solapur Road, Hadapsar, Pune. Maharashtra - 411028

Aikon Labs, Pune India

WEBSITE : aikonlabs.com

Phone : +91 9822477419, 9860350201  | 

Address : 14, Mulberry Garden II, Magarpatta City, Hadapsar, Pune - 411013

Registered Office:

F3, Clover Highlands Near NIBM, Kondhwa, Pune-411048. India. 
Phone: +91 20 41282038

Working Office:

14, Mulberry Garden II, Magarpatta City, Hadapsar, Pune – 411013. India.
Phone: +91 9822477419, 9860350201

Maqbit Technologies, Pune India

WEBSITE : www.maqbit.com

Email  |  Phone : 91 20 40092152  | 

Address : C-2/ 42, Bramha Estate, Kondhwa Pune - 411048

Offers software, web development, BPO services.

Graphinet Solutions Pvt. Ltd. Pune India

WEBSITE : www.graphinetmedia.com

Email  |  Phone : +91-20-25280525  | 

Address : Microsys House, Plot No.15, Survey No.98, Bhusari Colony, Paud Road, Kothrud, Pune. India. - 411038

Offers software development, web design and development services.

Cytel Statistical Software & Services Pvt. Ltd. Pune

WEBSITE : cytel.co.in

Address : 8th Floor, Siddharth Towers, Near Sangam Press, Off Karve Road, Kothrud, Pune India - 411029

Cytel develops specialized statistical software products and specialist services for application of Statistics and Programming in Clinical Trials.
Software Companies In Pune

Worldwide infosoft services pvt ltd ( WIS ), Pune India

WEBSITE : www.wwis-india.com

Email  |  Phone : 020 - 41233001 / 002 / 003 / 004  | 

Address : Sankalpgadh Apartment, Plot No.25, Suwarnabagh Colony, Kothrud, Pune, Maharashtra, India - 411029

Offers IT services and products, software development services.

Infotek Software & Systems (P) Ltd / i-Tek, Pune India

WEBSITE : www.infoteksoftware.com

Email  |  Phone : +91 20 64730029 / 30  | 

Address : I2IT Campus, P-14, Phase-I, Rajiv Gandhi Infotech Park, Hinjawadi, Pune. INDIA - 411057

RFID System Integration Company. Also know as i-Tek.

AFour Technologies, Pune India

WEBSITE : www.afourtech.com

Email  |  Phone : +91 (20) 6401 0079 / 2538 7038  | 

Address : 'Swami', Plot No. 2, Survey No. 28, Near Shivtej Appt, Kothrud, Pune. INDIA - 411029

Offers Software Testing and Quality Engineering services.

VJ Coresoft Pvt. Ltd. Pune India

WEBSITE : www.vjcs.com

Email  |  Phone : +91-20-25434151  | 

Address : 19, Ramtirth, Prashant Society, Paud Road, Kothrud, Pune. India. - 411029

Offers software development, software testing, engineering services.

VarIT Information Technology Pvt. Ltd. Pune India

WEBSITE : www.varit.com

Email  |  Phone : +91-20-25396914, 25395805  | 

Address : Building B1, Third floor, #23 26 Guruganesh Commercial Complex, Kothrud, Pune (M.S.) INDIA - 411038

Offers IT services.

Amalan Technologies, Pune India

WEBSITE : www.amalan.in

Email  |  Phone : +91 20 25463686 / +91 9763718659  | 

Address : Office 8, First Floor, Yugay Mangal Complex, Opp. Gandhi Lawns, S. No. 39/2/2, Erandwana, Gulawani Maharaj Path, Pune (India) - 411038

Offers IT services.

Omesa Systems Pvt. Ltd. Pune India

WEBSITE : www.omesasystems.com

Email  |  Phone : 9326563686  | 

Address : 2, Mayur Apartment, Mayur Colony Near HDFC Bank, Karve Road, Kothrud, Pune - 411038

Software, WEBSITE development company.

SQTL Integrated Solutions Pvt. Ltd. Pune India

WEBSITE : www.sqtl.com

Phone : 91-20-25889236, 91-20-25220911  | 

Address : Dayaprabha House, ITI Road, Aundh, Pune - 411007

IT education and services company.

QTRA, Pune India

WEBSITE : www.qtraindia.com

Phone : 020- 2588 0910, 2588 0911  | 

Address : Dayaprabha House,Opp Sulzer India, ITI Road, Aundh, Pune. Maharashtra India - 411007

QTRA provides staffing solutions to IT industry. QTRA is focused on software testing.

CashTech Solutions India Ltd. Pune

WEBSITE : www.cash-tech.com

Phone : +91-20- 6605 2000  | 

Address : AG Technology Park, Gaikwad Avenue, S.no.127/1A/8, Off ITI road, Aundh, Pune - 411007

Financial Supply Chain and Cash Management Solutions provider. CashTech has been acquired by Fundtech.

Silicus Technologies India Pvt. Ltd. Pune

WEBSITE : www.silicus.com

Phone : +91 20 30243100  | 

Address : S. No. 8+13/1/2, CTS No. 1409 & 1410, South Wing, 1st Floor, Suma Center, Erandwana, Pune. India - 411004

Software development services company.

Eilisys Technologies Pvt. Ltd. Pune India

WEBSITE : www.eilisys.com

Email  |  Phone : +91 20 2546 6096  | 

Address : 321, Siddharth Towers, S.No. 12/3B, Kothrud, Pune. India - 411029

Software products and custom software development company.

CRG Solutions (India) - Pvt. Ltd. Pune India

WEBSITE : www.crgroup.com/India/

Email  |  Phone : +91-20-2-545-7100  | 

Address : 5, RamaGovind, Sahawas Soc., KarveNagar, Pune. INDIA - 411052

Develops and maintains software applications. A fully owned subsidiary of Corporate Renaissance Group, Canada.

Protus Systems

WEBSITE : www.protussystems.com

Email  |  Phone : 020-64057107  | 

Address : #206,Kakade Plaza, Karve Nagar, Pune. Maharashtra. India. - 411052

Software development, consulting and training, technology services and outsourcing company.

SoftCrop Technology

WEBSITE : www.softcrop.com

Email  | 

Address : 2/A1/Wing-I, Punya Nagari Complex, Stella Marish School Road, Vadgaon Sheri, Pune, Maharastra. INDIA - 411014

IT company claimed to be specializing in providing Customized Integrated Software Solutions.

NADSOFT, Pune India

WEBSITE : www.nadsoftdev.com

Email  |  Phone : +91-20-26333092  | 

Address : Building No.2153, 1st floor, Near Try Luck Hotel, New Modikhanan, Camp, Pune. India - 411001

Offers software development, WEBSITE design & development services.

Lohit Softech Pvt.Ltd. Pune India

WEBSITE : www.lohitsoftech.com

Email  |  Phone : (020) - 2449 58 23, 9881735793, 9881512717  | 

Address : 48, Nav Maharashtra Niketan, Opp. Shaniwarwada, Shaniwar Peth, Pune - 411030

Offers IT services, Software products, Web design and development services.

WebDefenders Consulting Pvt Ltd, Pune India

WEBSITE : www.webdefenders.com

Binary IT Services Pvt Ltd, Pune India

Software Companies In Pune

WEBSITE : www.binary.net.in

Phone : 91 20 32404300  | 

Address : Unit 4, 810/A, Bilwakunja, Bhandarkar Road, Shivaji Nagar, Pune - 411004

Offers web design development and application development services.

Prorigo Software Pvt. Ltd. Pune India

WEBSITE : www.prorigosoftware.com

Email  |  Phone : +91- 020– 46746943  | 

Address : Sr. No. 82/1/1/6, 2nd & 3rd Floor, Dynamix House, Balewadi Phata, Baner Mahalunge Road, Baner, Pune, Maharashtra, India - 411045

Offers software product development, product lifecycle management (PLM) services.

eDreamz, Pune

WEBSITE : www.edreamztech.com

WebDefenders Consulting Pvt Ltd, Pune India

WEBSITE : www.webdefenders.com

Gridlogics Technologies Pvt. Ltd. Pune

WEBSITE : www.patentinsightpro.com

Phone : +91.20.66202640 / 41, +91.20.64107760  | 

Address : 4th Floor, Sunflower Commercial, 77/1 Baner Road, Baner. Pune - 411045

Technology company offers intellectual property solutions. Product : Patent Insight Pro

Inteliment Technologies (India) Pvt. Ltd. Pune. India

WEBSITE : www.inteliment.com

Phone : +91.20.64002103  | 

Address : Level 3, Meena-Sai, Pushpak Park Aundh-ITI Road, Pune - 411007

IT company offering Business intelligence solutions.

Josh Software Pvt. Ltd. Pune

WEBSITE : www.joshsoftware.com

Email  |  Phone : +91-20-27293876  | 

Address : 302, Mitrangan, Building - A, Near Kapil Malhar, Baner Road, Baner, Pune. Maharastra. India - 411045

Offers software services using Ruby on Rails.

Idhasoft Ltd Pune India

WEBSITE : www.idhasoft.com/contact/#IND

Email  |  Phone : +91-20-67312900  | 

Address : Unit 602, 6th floor, wing 2, Cluster C, EON Free Zone, Plot no 1, Survey no 77, MIDC, Knowledge Park, Kharadi, Pune - 411014

Business consulting company. Offers IT solutions and services

More Idhasoft companies
GMI / Grey Matter India

AIPL Ascent Informatics (India) Pvt. Ltd. Pune India

WEBSITE : aiplindia.com

Email  |  Phone : +91 20 65004608  | 

Address : R 1, Pinnac Memories, Near City Pride 2, Kothrud, Pune. India. - 411038

IT solutions company.

EpiComm Technologies Limited, Pune

WEBSITE : epicommonline.com

Email  |  Phone : +91 20 27014242, 65105249  | 

Address : Venus Plaza, Plot No. 4, Sr. No. 50/2, Chandan Nagar, Nagar Road Highway, NEI Bus Stop, Village Kharadi, Pune - 411014

Custom software solutions development company.

Sunbridge Software Services, Pune

WEBSITE : www.sunbridgeindia.com

Email  |  Phone : +91 20 2295 3290/91  | 

Address : #6, Gayatri Apartment, Amchi Colony, Pashan-NDA Road, Bavdhan, Pune - 411021

Software Company offers Business process automation, software development, software testing services.

Omniscient Software Pvt. Ltd. Pune

WEBSITE : omniscient.co.in

Email  |  Phone : +91-20-26680814  | 

Address : IT Tower, 1st Floor, Lane No. 12 A, Kalyaninagar, Pune - 411006

Software services company with focus on financial technology business.

ShimBi Computing Laboratories Private Limited. Pune

WEBSITE : shimbi.in

Email  |  Phone : +91-020-26632255  | 

Address : Shop No. - 23/24, Satyam Arcade, Ramwadi, Pune-Nagar Road, Pune - 411014

Offers web based application development services. Focused on the Japanese Market.

Kopera Software Private Limited, Pune

WEBSITE : www.koperasw.com

Email  |  Phone : +91-20-26057890  | 

Address : 501, Kapil Towers, Wing-A, Fifth Floor Near Sangam Bridge RTO Dr Ambedkar Road, Pune - 411001

Is claimed to be developing developing software platforms for digital consumer products which include Audio Video Receivers, HDTV's, home media streaming systems, video enabled mobile phone handsets and other devices.

Guardbook Technologies Pvt. Ltd. Pune

WEBSITE : www.guardbook.com

Email  |  Phone : +91 20 26633522  | 

Address : 1-B Mezzanine Floor, Royal Towers-A Viman Nagar, Pune - 411014

Guardbook aspires to provide solutions in domains like SaaS, E-Learning, E-Publishing, RFID, Consulting, etc.

Precision Technical Analysis Pvt. Ltd. Pune India

WEBSITE : www.precisiontechnicals.com

Email  |  Phone : +91 20 6686 86 86  | 

Address : 'B' Building, 'C' Wing, Lohia - Jain IT Park, Paud Road, Before Chandni Chowk, Kothrud, Pune - 411038

Offers Stock Market Training, Consultancy & Financial Software in India.

INTUITIVE Technologies Private Limited, Pune India

WEBSITE : www.itsgroup.co.in

Phone : 020-32549553,64103114  | 

Address : First Floor, Sai Nandan Complex, Near Chandan Nagar Water Tank, Pune - 411014

IT services, solutions, consulting, staffing company.

Minmax Software Pvt. Ltd. Pune

WEBSITE : www.minmaxsoftware.com

Email  | 

Address : 2nd Floor, Akruti Avenues, Su.No.173, Wakad-Thergaon Road, Wakad, Pune - 411057

Software, IT Company in Pune India.

Netwin Infosolutions Pvt Ltd Pune

WEBSITE : www.netwininfosolutions.com

Phone : +91-20-26633142, +91-20-26633546  | 

Address : 67-71, Satyam Arcade 'A' Wing, 3rd Level Pune Nagar Road, Vadgaonsheri, Pune - 411014

Software development company. Also offers web design & development services.

ModalLogic IT Systems Pvt. Ltd. Pune

WEBSITE : modallogicsys.com

Email  |  Phone : +91 (917) 503 1992, +91 (985) 010 1952  | 

Address : D 212/4, Satyapuram, Pune Saswad Road, Hadpsar, Pune, Maharashtra, India. - 411028

Company is claimed to be offering customized software development, outsourcing and IT services.

Company was previously known as Merit Software & Services Pvt. Ltd.

Calibre Mindware Programming Pvt. Ltd, Pune India

WEBSITE : www.calibre.co

Email  |  Phone : +91 20 30688677, +91 9922731122  | 

Address : 110-111/10, Baner Road, Off NH - 4, Pune, India. - 411045

I-Blue Solutions Pvt Ltd. Pune India

WEBSITE : www.i-bluesolutions.com

Email  |  Phone : +9120 65109100/300/600  | 

Address : 2nd Floor, Akruti Avenues, Wakad-Thergaon Road, Pune. Maharashtra

Offers IT solutions and web development services.

Delphi Computech Pune India

WEBSITE : www.delphicomputech.com

Email  |  Phone : 912040110500  | 

Address : 201A, Indira Building, Next to Titan Showroom, Bhandarkar Road, Pune - 411004

Is claimed to be offering SAP consulting, SAP training and SAP resourcing services.

CompuCom Offshore Development Center Pune India

WEBSITE : www.compucom.com

Address : Level 4, Tower VII, Magarpatta City SEZ, Magarpatta City, Hadapsar, Pune. Maharashtra, INDIA - 411013

IT Company offers IT services

Diplomacy Infotech PVT. LTD. Pune India

WEBSITE : diplomacyinfotech.com

Email  |  Phone : +91 20 32319775 / +91 9960081601  | 

Address : Near Sona "I" English School, Bhekrai Nagar, Fursungi, Hadapsar, Pune - 412308

Is claimed to be offering IT, Accounting and Recruitment services.

Funfil Technologies Pvt. Ltd Pune India

WEBSITE : www.funfil.com

Email  |  Phone : +91-20-66522020/21  | 

Address : Plot no 12, Thirumala Industrial Estate, Survey No 253/2/2, Hinjewadi, Pune. Maharashtra, India. - 411057

Company is claimed to have vertical in development of Mobile applications and games.

Gatitaa Pune India

WEBSITE : www.gatitaa.com

IT Software company.

Simplibuy Technologies Pvt. Ltd. Pune India

WEBSITE : www.simplibuy.in

Email  |  Phone : +91 20 46779395  | 

Address : B4/401, Edenn Towers, Wakad Pune. Maharashtra, India - 411057

IT company involved in creation of a price information system. A product based IT company.
Software Companies In Pune

ImpelPro InfoSolutions Private Limited, Pune India

WEBSITE : www.impelpro.com

Email  |  Phone : +91-7620099500  | 

Address : K.K. Market, F-Wing, 105/D1, Pune-Satara Road, Pune. India - 411043

Software, Mobile application and Web development company.

Medsynaptic Pvt Ltd Pune India

WEBSITE : www.medsynaptic.com

Email  |  Phone : 25443349, 25443913, 9881495351, 9881495352  | 

Address : 47/6, "Vasantika", Opp Yena Bungalow, Paud Road, Kothrud, Pune, India. - 411038

• Medical Informatics company offers PACS & Teleradiology products and services.
• Product based company.

Careers at Medsynaptics
In Oct 2011 company has openings for the post of software developer in pune with following required skills
ASP.Net, VB.net, C#, SQL server, HTML, Javascript

Modular Infotech Pvt. Ltd. Pune

WEBSITE : www.modular-infotech.com

Phone : +91 - 20 - 24227994, 24223510  | 

Address : 26, Electronic Co-op. Estate, Pune-Satara Road, Pune

Offers IT and BPO services.

Universal Steel Information Technology (I) Pvt. Ltd. Pune India

WEBSITE : www.usit.net.in

Email  |  Phone : +91 20 41006702, +91 20 32402023  | 

Address : 720/8, Navi Peth, L.B.S. Road, Pune. Maharashtra, India. - 411001

Offers IT solutions and services.

Sinewave Computer Services Pvt. Ltd. Pune India

WEBSITE : www.sinewave.co.in

Email  |  Phone : +91 020 40161600, 9823149506  | 

Address : T-22, 3rd Floor, Super Mall, Salunke Vihar Road, Wanowrie, Pune. Maharashtra, India. - 411040

Company is claimed to be providing software solutions for Taxation and HR Management and appears to be a product based company.

Jobs at Cinewave Pune

In Oct 2011 following positions were being offered on company WEBSITE

Software Development

Sr .Net Web Developer 
Skills : Framework 3.0 or 3.5, ASP.Net with C#, AJAX, XML, DHTML, SQL Server, Web services, UI cultures, Assembly usages, OOPS and SOA
Jr .Net Web Developer
Skills : Framework 3.0 or 3.5, ASP.Net with C#, AJAX, XML, DHTML, SQL Server, Web services, UI cultures, Assembly usages,OOPS and SOA
Sr. Software Developer
Skills : Visual Basic 6.0, Access Database, MS-SQL, XML, MySQL, COM, DCOM

Marketing, Sales Executive, Office / HR Assistance, Customer Support

EBZ Online Pvt. Ltd. Pune India

WEBSITE : www.ebzonline.com

Email  |  Phone : +91 - 020 - 24456872, 24433255, 24467440-3, 24457389  | 

Address : 242, "Chandrashekhar", Shaniwar Peth, Pune. Maharashtra, India - 411030

Company is claimed to be offering technology solutions to the Indian cooperative banking industry. Company offers solutions in partnership with oracle.

Retailware Softech Private Limited, Pune India

WEBSITE : retailware.in

Email  |  Phone : +91-20-32914753, +91 9325402875  | 

Address : 217, Lotus Court, Hotel Panchmi Junction, Satara Road, Pune (M.S.) - India - 411037

Company is claimed to be catering to technology needs of retailers. Product based company having products like Retailware and Jewelsoft.

Jobs at Retailware

In Nov 2011, company appears to be inviting applications for developer and support executive positions.

Sii Technologies Private Limited, Pune India

WEBSITE : www.siitechnologies.com

Email  |  Phone : + 91- 20- 25459215, + 91- 20- 25449517  | 

Address : 203/204, The Fourth Dimension, Erandwana, Pune. Maharashtra (INDIA.) - 411004

Software company.

Xtrim Technologies, Pune

WEBSITE : www.xtrimtech.com

Address : 314, Gangadhar Chambers, 3rd Floor, Near Vijay Talkies, Opp. Prabhat Press, Narayan Peth, Pune. Maharashtra. India - 411030

Company is claimed to be offering web design and development, software development and BPO services.

Tavisca Solutions Pvt. Ltd. Pune India

WEBSITE : www.tavisca.com

Email  | 

Address : D-503, Wing 3, EON IT Park, Kharadi, Pune. Maharashtra, India - 411014

Company is claimed to be a travel technology solutions company.

Tcraft Technologies, Pune

WEBSITE : www.tcrafttechnologies.com

Email  |  Phone : +91 020 30486677  | 

Address : 301, 3rd Floor, Pinnacle Pride S. No. 1544/45 A, Sadashiv Peth, Near Hotel Durvankur, Tilak Road, Pune. Maharashtra, India. - 411030

Software development, web design and development, web marketing company.

BLUECODE CORPORATION, Pune

WEBSITE : www.bluecodeindia.com

Email  |  Phone : +91-020-32304422, +91-09325606677  | 

Address : 52/1, SRIRAM NAGAR, CHANDAN NAGAR, PUNE-NAGAR ROAD PUNE. MAHARASHTRA, INDIA - 411014

Software development and IT consulting company. Offers products as well as custom software development.

Nyk Solutions, Pune India

WEBSITE : www.nyksolutions.com

Email  |  Phone : + 91 20 40147788, + 91 95 52597141  | 

Address : Level 6, Pentagon P-2, Magarpatta City, Hadapsar, Pune. India. - 411013

Is claimed to be ERP and CRM Consulting organization with key focus on Outsourced Marketing.

Zest Infotech, Pune India

WEBSITE : zestinfotech.com

Phone : 91-20-25460191  | 

Address : B-12, S.No. 16/1B, Swapna Mandir Soc. Erandwane, Pune. INDIA - 411004

Is claimed to be technology consulting, product development, system integration provider company
Software Companies In Pune

Techview Web Solutions Pvt Ltd. Pune

WEBSITE : www.techview.biz

Email  |  Phone : 20-32331101  | 

Address : 10, Parvati Chambers, 3rd Floor Sangam Press Road, Kothrud, Pune - 411029

Company is claimed to be offering web design, web development and application development services.

Logic Palace Systems & Softwares, Pune. India

WEBSITE : www.logicpalace.com

Email  |  Phone : 09423374716, 09822250060  | 

Address : Behind TITAN Showroom, Akhay Plaza, J.M. Road, Shivaji Nagar, Pune. - 411004

Is claimed to be offering web design and development and software development services.

Spring Computing Technologies Pvt. Ltd. Pune India

WEBSITE : www.springcomputing.in

Phone : +91 20 25391319  | 

Address : Vijay Commercial Complex, 3rd Floor Near Guruganesh Nagar, D P Road, Kothrud, Pune. India - 411 038

Is claimed to be outsourced product development company.

Shalaka Technologies Private Limited Pune India

WEBSITE : www.shalaka.com

Email  |  Phone : +91(20)32312919  | 

Address : D-101, Silver Crest , Balwantpuram,Kothrud Pune INDIA. - 411038

Company is claimed to be offering Enterprise Solutions, Embedded Systems, Mechanical Engineering services and IT enabled services.

Monarch Technologies Pvt. Ltd. Pune India

WEBSITE : www.monarchtechnologies.com

Email  |  Phone : +91 20 25424560 / 61  | 

Address : #1, Infinity Tower, Law College Road, Erandwane, Pune. India. - 411004

Is claimed to be an IT company.

Bitcode Technologies Pvt. Ltd. Pune India

WEBSITE : www.bitcode.in

Email  |  Phone : +91 - 20 - 3042 9445 | +91 - 9881125904  | 

Address : D66, 6th Floor, Rahul Complex, Near Krishna Hospital Paud Road, Kothrud , Pune, India - 411029

Is claimed to be offering IT training and consulting services.

QualSoft Services, Pune

WEBSITE : qualsoftservices.com

Email  |  Phone : +91 20 30429193  | 

Address : VI Floor, Landmark Center, Pune Satara Road, Pune Maharashtra, India

Qualsoft Services is claimed to be offering offshore software development services.

Computer Technologies Pvt. Ltd. Pune India

WEBSITE : ctpl.co.in

Email  | 

Address : S-11, Super Mall, Salunke Vihar Road, Wanorie, Pune. Maharashtra. India - 411040

Provides IT support services

Regenesys Technologies, Pune

WEBSITE : www.regenesystech.com

Email  | 

Address : Sairam Bunglow Survey Number 90/5/1/2 Veerbhadra Nagar, Baner Pune, Maharashtra State - 411045

neXus Technologies, Pune India

WEBSITE : www.nexustechindia.com

Email  |  Phone : 020-26995235, 9850403556  | 

Address : 606, Sr.no.18/C, Gondhalenagar, Hadapsar, Pune. - 411028

Involved in embedded system and design.

Pioneer Solutions, Pune India

WEBSITE : www.pioneertechsoft.com

Email  |  Phone : +9120-6560 0528, +9197 3074 8633  | 

Address : Office No.2 & 4, Still Floor, 'Galleria', Near Vidya Sahakari Bank, Karve Road, Kothrud, Pune - 411029

Offers WEBSITE design & development, software development, HR, Advertising services.

Aashaste Infosolutions Pvt. Ltd.

WEBSITE : www.aashasteinfosolutions.com

Address : Shop No. 5, Laxmiganga Residency , Near Suncity, Anand Nagar, Sinhagad Road, Pune. India - 411052

Offers WEBSITE design & development, maintenance, SEO, software development services.

TechnoWings Pvt Ltd, Pune India

WEBSITE : www.technowingsinc.com

Email  |  Phone : 97667 50000, 98609 23474, (020) 2536 0484  | 

uspvm software services

WEBSITE : www.uspvm.com

Phone : +919881435434  | 

Address : Pune India

Offers software, WEBSITE development services.

Netfotech Solutions

WEBSITE: www.netfotech.in

Email  |  Phone : +91-20- 66308381  | 

Address : info@netfotech.in

Is claimed to be offering Web development, IT services, Internet marketing, recruitment consultancy services.

Panash Infotech, Pune

WEBSITE : www.panash.com

Email  |  Phone : +91-20-32905515 / 30425515  | 

Address : Office 7, 2nd floor, Shri Munisuvrat Avenue, 1089, Shukrawarpeth, Swargate Corner, Pune - 411002

Software Companies In Pune

History of Banking

History of Banking
Banking
History of Banking
The name ‘bank’ is usually used in the sense of commercial bank.
The word ‘bank’ seems to have originated from the Germanic world ‘banck’
which means a joint stock fund or heap. It is possible that the word has also
been derived from the French word ‘banque’ and the Italian word ‘banco’.
The Italian word ‘banco’ refers to a bench at which the money changers or
mediaeval bankers used to change one kind of money into another and
transact their banking business. Thus, the early banking was associated with
the business of money changing.
The first public banking institution was The Bank of Venice, founded
in 1157. The Bank of Barcelona and the bank of Genoa were established in
1401 and 1407 respectively. These are the recognized forerunners of modern
commercial banks. Exchange banking was developed after the installation
of the Bank of Amsterdam in 1609 and Bank of Hamburg in 1690.
The credit for laying the foundation of modern banking in England
goes to the Lombards of Italy who had migrated to other European countries
and England. The bankers of Lombardy developed the money lending
business in England. The Bank of England was established in 1694. The
development of joint stock commercial banking started functioning in 1833.
The modern banking system actually developed only in the nineteenth century.
In India, the first modern bank ‘Bank of Bengal’ was established in 1806 in
the Bengal presidency.
Development of banking habits
Before the Industrial Revolution, the size of business units was very
small. After some years, there was a great increase in the size of the business
units. Therefore, joint stock forms of business organisations were established.
Such form of business organisation widened the circle of investors, by enabling
people with small means to become share holders of big industrial enterprises.
146
Still, some people did not want to undertake any kind of risk by investing
their money. Hence, an institution was created to mobilize funds on terms
acceptable by the people. Such an institution is called ‘Bank’, whose business
is to mobilize capital. And hence, banks are connecting link between the
people, who have surplus money and the people who are in need of money.
In addition to this, banks undertake the risk arising out of the possible default
of the ultimate borrower.
The early stages of banks included three types of institutions
i) The merchant banker, who was primarily a trader. He accepted
customer’s money and kept it under safe custody.
ii) The money lender, who lent his surplus money to the needy persons
on deriving some interest payment.
iii) The gold smith, who accepted the valuables like gold and diamond
of the customers and kept it under his safe custody. It will be returned
to the customer on demand and interest will be collected for that.
Modern banks retain all the characteristics of above three types of
institutions. The advancement of society and economic thinking, specialization
and extended market resulting from Industrial revolution paved the way for
developing modern commercial banking system. The role of banks extended
from merely being institutions of ‘deposits and discounts’ to custodians of
national finance and trustees of the surplus balances of the public. The modern
banks have now become the lifeblood of our commercial and industrial
activities.
Definition of Banking
On account of multifarious activities of modern banks, the ‘Bank’ or
‘Banking’ has been defined by several economists as follows:
Dr.L. Herber and L. Hart define the banker, “as one who in the ordinary
course of business honours cheques drawn upon him by persons from and
for whom he receives money on current accounts”.
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Chamber’s Twentieth century Dictionary defines a bank as an,
“institution for the keeping, lending and exchanging etc. of money”.
According to Crowther, “The banker’s business is to take the debts
of other people to offer his own in exchange, and thereby create money”.
Prof. Kent defines a bank as, “an organisation whose principal
operations are concerned with the accumulation of the temporarily idle money
of the general public for the purpose of advancing to others for expenditure”.
It is evident from the above definitions that a bank is an institution
which accepts deposits from the public and in turn advances loans by creating
credit.
Role of Banks in economic development
Banks play a very useful and crucial role in the economic life of every
nation. They have control over a large part of the supply of money in
circulation, and they can influence the nature and character of production in
any country. In order to study the economic significance of banks, we have
to review the general and important functions of banks.
History of Banking
1. Removing the deficiency of capital formation
In any economy, economic development is not possible unless there is
an adequate degree of capital accumulation (or) formation. Deficiency of
capital formation is the result of low saving made by the community. The
serious capital deficiency in developing economies is reflected in small amount
of capital equipment per worker and the limited knowledge, training and
scientific advance. At this juncture, banks play a useful role. Banks stimulate
saving and investment to remove this deficiency. A sound banking system
mobilizes small savings of the community and makes them available for
investment in productive enterprises. The important implications of this activity
include

i) Banks mobilise deposits by offering attractive rates of interest and
thus convert savings into active capital. Otherwise that amount
would have remained idle.
ii) Banks distribute these savings through loans among productive
enterprises which are helpful in nation building.
iii) It facilitates the optimum utilization of the financial resources of the
community.
History of Banking
2) Provision of finance and credit
Banks are very important sources of finance and credit for industry
and trade. It is observed that credit is the lubricant of all commerce and
trade. Hence, banks become nerve centers of all trade activities and therefore
commerce and trade could function in the presence of sound banking system.
The banks cover foreign trade transactions also. Big banks also
undertake foreign exchange business. They help in concluding deferred
payments, arrangements between the domestic industrial undertakings and
foreign firms to enable the former import machinery and other essential
equipment.
3) Extension of the size of the market
Commercial bankers help commerce and industry in yet another way.
With the sound banking system, it is possible for commerce and industry for
extending their field of operation. Commercial banks act as an intermediary
between buyers and the sellers. Goods are supplied on bank guarantees,
making it viable for industry and commerce to cultivate and locate markets
for their products. The risks are undertaken by the bank. When the risks
have been set free by the banks, the industry can look forward to derive
economies of the large size of the market.
4) Act as an engine of balanced regional development
Commercial banks help in proper allocation of funds among different
regions of the economy. The banks operate primarily for profits. When the
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banks lend their funds for more productive uses, their profits will be
maximized. Introduction of branch banking makes it possible to choose
between different regions. A region with growth potential attracts more bank
funds. But in recent years, the approach of banks towards regional growth
has been undergoing a change. Banks help create infrastructure essential for
economic development. Thus banks are engines of balanced regional
development in the country.
5) Financing agriculture and allied activities
The commercial bank helps the farmers in extending credit for
agricultural development. Farmers require credit for various purposes like
making their produce, for the modernization and mechanization of their
agriculture, for providing irrigation facilities and for developing land.
The banks also extend their financial assistance in the areas of animal
husbanding, dairy farming, sheep breeding, poultry farming and horticulture.
6) For improving the standard of living of the people
The standard of living of the people is estimated on the basis of the
consumption pattern. The banks advance loans to consumers for the purchase
of consumer durables and other immovable property, which will raise the
standard of living of the people.
Stimulating human capital formation, facilitating monetary policy
formulation and developing entrepreneurs are some of the other roles played
by commercial banks in the economic life of every nation.
Commercial Banks
A commercial bank is an institution that operates for profit. The
traditional functions of a commercial bank relate to the acceptance of deposits
from the public and provision of credit to different sectors of the economy.
However, with the evolution of modern banking and growth of banking system
as an integral part of the national economy, there has been a perceptible
change in the attitude and outlook of the commercial banks. These banks
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have started providing a host of banking services to their customers.
Nevertheless, the basic character of commercial banking remains unchanged.
In the early days, commercial banks are organized as a joint stock company
to earn profit. They cater to the needs of short-term, medium term credit
and provide capital to businessmen and industrialists. In the recent days, the
banks lend long term funds to businessmen and industrialists.
Functions of Commercial Banks
The various functions performed by commercial banks can be
classified as follows:
History of Banking
1. Accepting or attracting deposits
Commercial banks accept deposits by mobilizing the savings of the
people. These deposits can be of three forms.
a) Savings deposits: It is a kind of safety vault for the people with
idle cash. These deposits are kept under savings account. Deposits in this
account earn interest at nominal rates and the banks are entitled to release
deposits on demand by the deposit holder. In practice, the bank imposes a
limit on the number and amount of withdrawals during a period. Cheque
facilities are also given to the deposit holder.
b) Demand deposits: Demand deposits are kept under current
account. The depositor can withdraw the money on demand. But, the account
holder should specify the amount and the number of withdrawals. Banks do
not pay any interest on these accounts. On the contrary, bank imposes service
charges on maintaining these accounts.
c) Fixed deposits: These are also known as time deposits. The amount
deposited cannot be withdrawn before the maturity period for which they
have contracted. These deposits carry interest at higher rates varying with
the length of the contract.
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2) Advancing of loans
Banks adopt several ways for granting loans and advances. These
operations take different forms.
a) Cash credit: The bank sanctions loans to individuals or firms against
some collateral security. The loan money is credited in the account of the
borrower and he can withdraw the amount as and when it is required. The
ceiling of the loan amount is determined by the bank on the basis of the stock
value of the borrower which in turn becomes Banker’s possession. The
borrower can withdraw the cash within or upto the credit limit. The bank
charges interest for the amount withdrawn only.
b) Provision of overdraft facilities
The respectable and reliable customers enjoy these facilities. The
customer can issue cheques and overdraw the money in times of need, even
if there is no adequate balance in his account. The customer will pay the
interest to the bank for the amount overdrawn.
c) Discounting bills of exchange
This operation is done through discounting of commercial papers,
promissory notes and bills of exchange, usually for three months. The banks
after deducting interest charges and collection charges from the face value of
the bills, give the balance amount to the customer. When the exchange bill
matures, the banks collect the payment from the party.
3) Creation of money or credit
Every loan sanctioned by the banker creates a deposit. Because,
when a bank sanctions loan to a customer, an account is opened in his name
and the loan amount is credited into his account. The borrower withdraws
money whenever the amount is required. The creation of such deposits leads
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to increase in the money stock of the economy and through its circulation
creates new money.
4) Other functions
Some of the other important functions performed by these banks
are as follows:
a) Transfer of funds
In the complexity of trade and commerce in the modern days, the
transfer of funds from one place to another becomes difficult. Banks help in
eliminating this difficulty through the use of various credit instruments like
cheques, bank drafts and pay orders, traveller cheques, etc. This process is
called ‘clearing’ and it is efficiently done by bank operations.
b) Agency functions
Commercial banks are increasingly acting as financial agents for their
clients. They make all sorts of payments on behalf of their clients like insurance
premium, pension claims, dividend claims or capital demands etc. Likewise,
they buy and sell gold, silver and securities on behalf of their clients.
c) General utility services
A commercial bank performs general utility services such as
i) providing safety lockers for the safer custody of valuables
of the customers.
ii) Issuing of letter of credit to the customers.
iii) Under-writing loans to be raised by public bodies and
corporations.
iv) Compiling statistics and information relating to trade,
commerce and industry.
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Thus, commercial banks render valuable services to the community.
Developed banking system ensures industrial and economic progress. It
constitutes the lifeblood of an advanced economic society. In developing
countries like India, commercial banking may be described as ‘development
banking’. It plays a critical developmental role in making their funds available
to the priority sectors, weaker sections and employment-oriented schemes.
Central Banks
The banking system of a country can work systematically in
coordinated manner, only if there is an apex institution to direct the activities
of the banks. Such apex institution is popularly known as ‘central bank’.
The central bank of the country is an autonomous institution, entrusted with
powers of control and supervision. It controls the monetary and banking
system of the country. After World War II, the International Monetary
conference held at Brussels in 1929 recommended the setting up of a central
bank in every country. The central bank of our country, known as Reserve
Bank of India was set up in 1935. The central bank of England called Bank
of England was established in 1694. It is known as the ‘mother of central
banks’, since it provides the fundamentals of the art of central banking.
The central bank of France called ‘Bank of France’ was founded in
1800. The USA established a central banking system in the form of Federal
Reserve Banks in 1914.
History of Banking
Definition of a central bank
A central bank has been defined in terms of its functions. The following
are some of the definitions given by economists.
According to Smith, “the primary definition of central banking is a
banking system in which a single bank has either complete control or a
residuary monopoly of note issue”.
H.A. Shaw defines a central bank, “as a bank which controls credit”.
In the words of Hawtrey “a central bank is that which is the lender of
the last resort”.
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According to Samuelson, “a central bank is a bank of bankers. Its
duty is to control the monetary base and through control of high-powered
money to control the community’s supply of money.
Distinction between central banks and commercial banks
The central bank is basically different from commercial banks in the
following respects.
1. The central bank is the apex institution of the monetary and banking
system of the country. A commercial bank is only a constituent
unit of the banking system and a subordinate to the central bank.
2. While the central bank possesses the monopoly of note-issue,
commercial banks do not have this right.
3. The central bank is not a profit making institution. Its aim is to
promote the general economic policy of the government. But, the
primary objective of commercial banks is to earn profit for their
shareholders.
4. The central bank maintains the foreign exchange reserves of the
country. The commercial banks only deal in foreign exchange under
the directions of the central bank.
5. The central bank is an organ of the government and acts as its
banker and the financial advisor, whereas commercial banks act
as advisors and bankers to the general public only.
Functions of Central bank
The main functions of a central bank are common all over the world.
But the scope and content of policy objectives may vary from country to
country and from period to period depending on the economic situations of
the respective country. Generally all the central banks aim at achieving
economic stability along with a high growth rate and a favourable external
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payment position through proper monetary management. The common
functions of central banks are discussed below.
1. Regulator of currency
The issue of paper money is the most important function of a central
bank. The central bank is the authority to issue currency for circulation,
which is a legal tender money. The issue department of the central bank has
the responsibility to issue notes and coins to the commercial banks. The
central bank regulates the credit and currency according to the economic
situation of the country. In the methods of note issue, the central bank is
required to keep a certain amount or a fixed proportion of gold and foreign
securities against the total notes issued. The Reserve Bank of India is required
to keep Rs.115 crore in gold and Rs.85 crore in foreign securities, but there
is no limit to the issue of notes.
Having the monopoly of note issue, central bank gains advantages as
i) Ensuring uniformity of the notes issued and a proper control over
the supply of money can be exercised.
ii) Bring stability in the monetary system and creates confidence among
the public.
iii) Government is able to earn profits from printing currencies.
2. Banker, Agent and Adviser to the Government
The central bank of the country acts as the banker, fiscal agent and
advisor to the government. As a banker, it keeps the deposits of the central
and state governments and makes payments on behalf of governments. It
buys and sells foreign currencies on behalf of the government. It keeps the
stock of gold of the country. As a fiscal agent, the bank makes short-term
loans to the government for a period not exceeding 90 days. It floats loans
and advances to the State governments and local bodies. It manages the
entire public debt on behalf of the government. As an adviser, the bank gives
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useful advice to the governments on important monetary and economic
problems like devaluation, foreign exchange policy and budgetary policy.
3. Custodian of cash Reserves of commercial banks
Commercial banks are required to keep a certain percentage of cash
reserves with the central bank. On the basis of these reserves, the central
bank transfers funds from one bank to another to facilitate the clearing of
cheques.
History of Banking
4. Custodian and Management of Foreign Exchange reserves
The central bank keeps and manages the foreign exchange reserves
of the country. It fixes the exchange rate of the domestic currency in terms of
foreign currencies. If there are any fluctuations in the foreign exchange rates,
it may have to buy and sell foreign currencies in order to minimize the instability
of exchange rates.
5. Lender of the last resort
By giving accommodation in the form of re-discounts and collateral
advances to commercial banks, bill brokers and their financial institutions,
the central bank acts as the lender of the last resort. The central bank lends
to such institutions in order to help them when they are faced with difficult
situations so as to save the financial structure of the country from collapse.
6. Clearing Function
The central bank acts as a ‘clearing house’ for other banks and mutual
obligations are settled through the clearing system. Since it holds cash reserves
of commercial banks, it is easier for the central bank to act as a ‘clearing
house’.
7. Controller of credit
The most important function of the central bank is to control the credit
creation power of commercial banks in order to control inflationary and
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deflationary pressures within the economy. For this purpose, the central bank
adopts Quantitative methods and Qualitative (selective) methods. Quantitative
methods aim at controlling the cost and quantity of credit by adopting i)
bank rate policy ii) open market operations iii) variations in reserve ratios of
commercial banks. Qualitative methods control the use and direction of credit.
It involves i) regulation of margin requirements ii) regulation of consumer
credit, iii) rationing of credit, iv) direct action by the central bank, and v)
moral suasion
Besides the above functions, the central bank performs many additional
functions. It has to study all problems relating to i) credit, ii) fluctuations in
price level iii) fluctuations in foreign exchange value. It has to collect monetary
and financial statistics, conduct research and provide information. It has to
look after the matters relating to IMF and the World Bank. All together, the
central bank is the financial and monetary guardian of the nation.
Methods of credit control employed by the central bank
Credit control is an important function of the central bank. Various
methods are employed by the central bank to control the creation of credit
by the commercial banks. The principal methods are classified under two
heads viz. Quantitative methods and Qualitative methods. Quantitative credit
control methods are used to expand or contract the total volume of credit in
the banking system. For example, the central bank of India believes that the
safe limit for bank credit is Rs.50, 000 crore. Suppose, at a particular time
the actual bank credit is Rs.75, 000 crore. Reserve Bank of India may now
use bank rate as a weapon to reduce the volume of credit by Rs.25,000
crore. As such the volume of bank credit is reduced in the country. On the
other hand, Qualitative credit control methods are used to control and regulate
the flow of credit into particular industries or businesses depending on the
economic priorities set by the government. Suppose RBI estimates that the
inflationary pressure in India is due to commercial banks’ loan to speculators
and hoarders who have managed to control the supply of inflation-sensitive
goods and thus have pushed up the price level. Now RBI may direct
commercial banks not to lend to speculators and hoarders. It is concluded
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from the above analysis that Quantitative controls are indirect, while Qualitative
controls are direct.
Quantitative or General Credit control methods
The important general methods of credit control are as follows:
1) Bank Rate (or) Discount Rate Policy
The rate of interest of every central bank is known as ‘Bank Rate’. It
is otherwise known as ‘discount rate’. At this rate the central bank rediscounts
bills of exchange and government securities held by the commercial banks.
When the cash reserves of the commercial banks tend to fall below the legal
minimum, the banks may obtain additional cash from the central bank either
by rediscounting bills with the central bank or by borrowing from the central
bank against eligible securities. The central bank charges interest rate for this
service. The central bank controls credit by making variations in the bank
rate. A rise in the bank rate makes borrowing costly from the central bank.
So commercial banks borrow less and in turn they raise their lending rates to
customers. This discourages business activity. Thereby there is contraction
of demand for goods and services and ultimately fall in the price level.
Therefore bank rate is raised to control inflation. In the opposite case, lowering
the bank rate offsets deflationary tendencies.
2) Open Market Operations
Direct buying and selling of securities, bills, bonds of government as
well as private financial institutions by the central bank, on its own initiative,
is called open market operations. In periods of inflationary situation, the
central bank will sell in the money market first class bills. Buyers of this bill
say commercial banks make payments to the central bank. It reduces the
size of the cash reserves held by the commercial bank with the central bank.
Some banks are forced to curtail lending. Thus, business activity based on
bank loans and which is responsible for boom conditions are curtailed. In
times of depression, the central bank will buy bills and securities from the
commercial banks. The central bank will pay cash to the commercial banks
for such purchases. Hence, the cash reserves of the commercial banks are
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increased. Thereby banks expand their loans resulting in the expansion of
investment, employment, production and prices. Thus central bank through
its open market operations influences business activity and economic
conditions of the country.
History of Banking
3. Variable Reserve Ratio
Every commercial bank is required by law to maintain a minimum
percentage of its time and demand deposits with the central Bank. The excess
money remains with the commercial bank over and above these minimum
reserves is known as the excess reserves. Commercial banks create credit
only based on these excess reserves. Central bank may bring changes in
reserve requirements. Consequently, it will affect the amount of reserves that
commercial bank must maintain as deposits with the central bank as well as
the amounts available for lending or investing. For instance, when the central
bank fixes the reserve requirement as 10 percent, a commercial bank will
have to maintain a cash reserve of Rs.100 for every deposit of Rs.1000 and
hence it can lend only upto Rs.900. To check inflation the central bank may
raise the cash reserve ratio from 10 percent to 15 percent. This will force the
commercial banks to deposit additional 5 percent by reducing their amount
available for lending. On the other hand, to check a deflation the central
bank may reduce the reserve ratio from 10 percent to 7 percent. This will
raise the excess cash with the commercial banks; consequently credit will be
expanded.
Qualitative or selective credit control
Qualitative methods of credit control mean the regulation and control
of the supply of credit among its possible users. The aim of such methods is
to channelise the flow of bank credit from speculative and other undesirable
purposes to socially desirable and economically useful uses. Important
selective credit controls are given below.
a) Margin Requirements
The aim of this method is to prevent excessive use of credit to purchase
securities by speculators. The central bank fixes minimum margin requirements
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on loans for purchasing securities. Suppose the central bank fixes a 30 percent
as margin requirements, then for Rs.1000 worth of security, commercial
bank may keep Rs.300 as margin and the remaining Rs.700 may be used
for lending. If the central bank wants to curb speculative activities, it will
raise the margin requirements. On the other hand, if it wants to expand credit,
it reduces the margin requirements.
b) Regulation of consumer credit
Under this instrument, the central bank regulates the use of bank credit
by consumers in order to buy durable consumer goods in instalments. To
achieve this, it adopts two devices i) Minimum down payment ii) Maximum
periods of repayment.
c) Rationing of Credit
Credit rationing is employed to control and regulate the purpose for
which credit is granted by the commercial banks. Credit rationing takes two
forms i) variable portfolio ceilings, wherein central bank fixes ceiling on the
aggregate portfolios of the commercial bank. They cannot advance loans
beyond this ceiling. ii) Variable capital assets ratio wherein the central bank
fixes in relation to the capital of a commercial bank to its total assets.
d) Direct Action
Direct action refers to ‘directives’ of the central bank to enforce the
commercial banks to follow a particular policy. The central bank gives
direction to commercial banks in respect of i) lending policies ii) the purpose
for which advances may be made iii) the margins to be maintained in respect
of secured loans.
e) Moral suasion
Moral suasion implies persuasion and request made by the central
bank to the commercial banks to follow the general monetary policy in the
context of the current economic situation.
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f) Publicity
The central bank publishes weekly or monthly or quarterly statements
of the assets and liabilities of the commercial banks for the information of the
public. It also publishes statistical data relating to money supply, prices,
production, employment and of capital and money market etc.
Nationalisation of Banks
History of Banking
The Indian banking system passed through a series of crises and
hence its growth was very slow during the first half of the 20th century. But
after Independence, the Indian banking system recorded rapid progress.
This was due to planned economic growth, increase in money supply, growth
of banking habit, setting up of the State Bank of India and its associate
banks in the 1950s, the control and guidance by the Reserve Bank of India
and above all nationalization of the 14 commercial banks in July 1969, and 6
more banks in 1980 by the Government.
Prior to nationalization, it was believed by some economists that Indian
commercial banking system did not play its role in the planned development
of the nation. The banking system was controlled by the leading industrialists
and business magnates. They used public funds to build up private industrial
empires. Small industrial and business units were consistently ignored.
Agricultural credit was never seriously considered. Therefore Government
of India took over 14 commercial banks in July 1969 and 6 other banks in
April 1980.
The commercial banking sector in India has within its fold the following
banks.
a) The State Bank of India
b) The seven associated banks of State Bank of India.
c) Twenty nationalized Banks.
d) Indian joint stock commercial banks
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e) Foreign banks functioning in India
f) Regional Rural Banks.
Performance of Nationalized Banks
The most important benefit of nationalization of commercial banks
was the achievement of homogeneity and strength as well as cohesion in the
banking structure of India, affording a better environment for effectively
implementing banking and monetary policies of the government.
The working of the commercial banks after nationalization show that
they have made a complete departure from the old conservative banking
practices and moving towards the objectives set forth in various fields of
their operations. They have made significant achievements in the sphere of
‘branch expansion’, deposit mobilization, production-oriented financing,
extension of credit to neglected sectors and creating new vistas in banking.