Business Daily from THE HINDU group of publications
Tuesday, Apr 29, 2008
ePaper | Mobile/PDA Version | Audio


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Alliances & Joint Ventures
Ma Foi joins hands with Global Adjustments

Our Bureau

Chennai, April 28 Ma Foi Management Consultants Ltd, a HR company, and Global Adjustments Services Pvt Ltd, a cross-cultural services company, plan to combine their service offerings for their global clients.

Ma Foi will offer HR services to Global Adjustments’ clients, while Global Adjustments will offer destination services, including cross-cultural training to Ma Foi’s clients.

For overseas clients planning to set up shop in India or individuals relocating to India, the ‘destination services’ of Global Adjustments covers realty, relocation, immigration, settling-in, cross-cultural training and event management, Mr K. Pandia Rajan, Managing Director, Ma Foi, told newspersons.

Both companies will also work together to offer online cross-cultural learning to Ma Foi’s customers. Ma Foi will work through its network of offices in India and abroad to market the service offering, he said.

Ms Ranjini Manian, CEO, Global Adjustments, said over 50,000 expats are likely to arrive in India this year. The demand will increase further with more multinationals setting up operations in India and NRIs returning home.

The joint venture is likely to involve business of around Rs 2 crore at the end of first year, Mr Rajan said.

Mr Rajan said Ma Foi has expanded operations in the Middle East. For the first time, it has set up an overseas operation in Qatar through a franchisee, Al Jayseer group. The company has also set up a joint venture in Kuwait, with Ma Foi holding 70 per cent stake and the balance with Talal Group, he said.

More Stories on : Alliances & Joint Ventures | Human Resources

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Orient Press fire loss


Mahindra setting up service outlets at Rs 250 cr
ICAI board okays AS-32
M&M board meeting
Reliance Power puts IPO money in MFs
Phillips Carbon Black declares 40% dividend
Wockhardt’s mark-to-market hit of Rs 28 cr takes net down 23%
Dawnay Day plans hotels in South
Pilkington auto glass unit to go on stream in Nov
Suchirindia bags project in Colombo
Ma Foi joins hands with Global Adjustments
NTPC-BHEL venture eyes equipment manufacturing
Deutsche Bank arm to invest $1b in realty, infrastructure
ONGC in drive to enhance hydrocarbon output
Toyota-Kirloskar may launch new vehicle


Smartbuy



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line