The BPM unit has space for 890 employees currently; firm plans to raise that to 1,200 by year-end
The company has a surplus cash on the books worth nearly Rs 440 crore as on December 31, 2016
Back-office service provider Hinduja Global Solutions (HGS) is looking at acquisition in Latin America to build digital capabilities and expand on-shore delivery in the region. The Rs 2770 crore business process management solution provider currently has more than 4000 employees servicing its customers in the US through 9 delivery centres. The company has a surplus cash on the books worth nearly Rs 440 crore as on December 31, 2016. "We are now looking at Latin America for inorganic growth. There is cash in the balance sheet. Our current focus is on inorganic growth and we acquired firms in Philippines, Canada to build new capabilities," said Partha DeSarkar, chief executive officer, HGS. DeSarkar added that while the company has made acquisitions in the recent past expand presence in new markets, it would now focus on building capabilities in the areas of Artificial Intelligence, Digital, Analytics. In March 2015, the company's acquired Atlanta-based company Colibrium to ...
The firm had posted a net profit of Rs 19.97 crore in the year-ago period
The stock hit an intraday high of Rs 521.25, up 4.25% on the BSE in the early trade
Its revenue grew 15% at Rs 905 crore
Raghubar Das also highlighted the potential of mineral-rich Jharkhand to become an industrial hub.
Hinduja Foundries is in the business of grey iron castings and supply of automotive components
Entire power generated is being sold to state-owned discoms, to cater to growing industrial demand in the belt
The Hinduja Foundation is in the process of cataloguing and curating 34,000 coins of ancient India
D M Reddy has been appointed as the Chief Executive Officer
Comapny plans to raise around Rs 700 cr; Everstone may partially exit
The company expects profitability turnaround by first quarter of FY17
The building was sold on a 250-year lease arrangement to the companies following a competitive marketing process