DSQ Software (original) (raw)
DSQ Software Ltd, established in 1992 and headquartered in Chennai formerly Madras, India was a publicly listed IT and Software services consulting company mainly operated overseas using its base in India. DSQ was in the league of IT companies established and operating from India during the tech-boom of 1990s, that mainly catered demands from western markets. Company was known as Square D Software Ltd when it was incepted in 1992 and later on changed its name to DSQ Software in the year 1997. During Oct 2013, SEBI barred Dinesh Dalmia and DSQ Software for a period of 7 years.
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| dbo:abstract | DSQ Software Ltd, established in 1992 and headquartered in Chennai formerly Madras, India was a publicly listed IT and Software services consulting company mainly operated overseas using its base in India. DSQ was in the league of IT companies established and operating from India during the tech-boom of 1990s, that mainly catered demands from western markets. Company was known as Square D Software Ltd when it was incepted in 1992 and later on changed its name to DSQ Software in the year 1997. The Company offered service offerings in Mainframe and Midrange computing, Telecommunications, CAD, and various other IT service areas. DSQ had clients in US, Europe and Asia Pacific and employed around 2000 people in the year 2000 and reported revenues in the region of 150mforthesameyear.HewittAssociates,aleadingUSbasedHumanResourcesconsultancyfirmvaluedthehumanresourcescapitalofDSQat150m for the same year. Hewitt Associates, a leading US based Human Resources consultancy firm valued the human resources capital of DSQ at 150mforthesameyear.HewittAssociates,aleadingUSbasedHumanResourcesconsultancyfirmvaluedthehumanresourcescapitalofDSQat1bn. DSQ had an impressive list of international clients and it posted year-on-year increasing revenues till year 2000. Dinesh Dalmia, Company's promoter and Managing director got entangled in a series of share market controversies in relation to various dubious acquisitions and partisan allotments made by DSQ in the year 2000 & 2001. From the year 2002, DSQ's market presence diminished when its lucrative operations and client service contract agreements were sold to a privately held company. Year 2003 saw DSQ's collapse and there was very minimal business activities as the promoter was rumored to have disappeared from the scene in order to avoid legal proceedings. Dalmia got arrested at Delhi, India in 2006 for various fraud charges. It is believed that Dalmia was in the United States from 2003 to 2006 trying to establish presence in the BPO market by setting up businesses using proxy names and deals. He was constantly seen in the New Brunswick area of New Jersey driving luxury cars and often eating at Udipi Cafe. He has been indicted in 2006 by the FBI in the United States on multiple charges of fraud. However, in the year 2011 he has been released on bail in all cases in India. There are rumors that he has also entered into a settlement in the United States.DSQ Software is operationally dormant as per the trading information submitted for the year 2005. As per BSE data, the public holding in DSQ Software is over 70% and equity capital of over Rupees 300 million. During Oct 2013, SEBI barred Dinesh Dalmia and DSQ Software for a period of 7 years. (en) |
| dbo:fate | Defunct (Services and operations were privately sold in 2003) (en) |
| dbo:formerName | Square D Software Ltd (en) |
| dbo:foundingYear | 1992-01-01 (xsd:gYear) |
| dbo:locationCity | dbr:Chennai |
| dbo:numberOfEmployees | 2000 (xsd:nonNegativeInteger) |
| dbo:successor | dbr:DXC_Technology dbr:Xchanging |
| dbo:wikiPageExternalLink | http://www.suchetadalal.com/%3Fid=8d24f42b-cdf7-37eb-48da2ae56293&base=sub_sections&f&t=DSQ+Software+Saga |
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| dbo:wikiPageLength | 6278 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID | 1105056258 (xsd:integer) |
| dbo:wikiPageWikiLink | dbr:Bombay_Stock_Exchange dbr:Delhi dbr:Human_Resources dbc:Software_companies_established_in_1992 dbc:Indian_companies_established_in_1992 dbr:Computer-aided_design dbr:Business_process_outsourcing dbc:Companies_listed_on_the_Bombay_Stock_Exchange dbc:Companies_listed_on_the_National_Stock_Exchange_of_India dbr:DXC_Technology dbr:Mainframe_computer dbr:Telecommunications dbc:1992_establishments_in_Tamil_Nadu dbc:Companies_based_in_Chennai dbc:Software_companies_of_India dbr:Chennai dbr:Hewitt_Associates dbr:Xchanging dbr:Madras dbr:Midrange_computer dbr:SEBI |
| dbp:areaServed | International (en) |
| dbp:defunct | 2004 (xsd:integer) |
| dbp:fate | Defunct (en) |
| dbp:formerName | Square D Software Ltd (en) |
| dbp:founded | 1992 (xsd:integer) |
| dbp:founder | Dinesh Dalmia (en) |
| dbp:hqLocationCity | Chennai (en) |
| dbp:hqLocationCountry | India (en) |
| dbp:industry | IT Services (en) |
| dbp:name | DSQ Software Ltd (en) |
| dbp:numEmployees | 2000 (xsd:integer) |
| dbp:numEmployeesYear | 2001 (xsd:integer) |
| dbp:successor | Scandent Solutions (en) |
| dbp:tradedAs | (en) |
| dbp:type | Publicly listed traded (en) |
| dbp:wikiPageUsesTemplate | dbt:Infobox_company dbt:More_citations_needed dbt:Multiple_issues dbt:Notability dbt:Reflist dbt:Use_Indian_English dbt:Use_dmy_dates dbt:BSE dbt:NSE |
| dct:subject | dbc:Software_companies_established_in_1992 dbc:Indian_companies_established_in_1992 dbc:Companies_listed_on_the_Bombay_Stock_Exchange dbc:Companies_listed_on_the_National_Stock_Exchange_of_India dbc:1992_establishments_in_Tamil_Nadu dbc:Companies_based_in_Chennai dbc:Software_companies_of_India |
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| rdfs:comment | DSQ Software Ltd, established in 1992 and headquartered in Chennai formerly Madras, India was a publicly listed IT and Software services consulting company mainly operated overseas using its base in India. DSQ was in the league of IT companies established and operating from India during the tech-boom of 1990s, that mainly catered demands from western markets. Company was known as Square D Software Ltd when it was incepted in 1992 and later on changed its name to DSQ Software in the year 1997. During Oct 2013, SEBI barred Dinesh Dalmia and DSQ Software for a period of 7 years. (en) |
| rdfs:label | DSQ Software (en) |
| owl:sameAs | freebase:DSQ Software yago-res:DSQ Software wikidata:DSQ Software https://global.dbpedia.org/id/4iXT5 |
| prov:wasDerivedFrom | wikipedia-en:DSQ_Software?oldid=1105056258&ns=0 |
| foaf:isPrimaryTopicOf | wikipedia-en:DSQ_Software |
| foaf:name | DSQ Software Ltd (en) |
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| is foaf:primaryTopic of | wikipedia-en:DSQ_Software |