Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Hexaware Technologies today posted a 9.90 per cent jump in net profit for the quarter ended December 31, 2010, to Rs 39.60 crore.
The IT and BPO services provider had reported a net profit of Rs 36.03 crore for the fourth quarter last year, Hexaware Technologies — which follows a January-December financial year for accounting purposes — said in a filing to the Bombay Stock Exchange (BSE).
Income from operations rose to Rs 299.62 crore in the October-December quarter from Rs 252.04 crore in the same period a year ago, it said.
Commenting on the numbers, Hexaware Technologies Chairman, Mr Atul Nishar, said, “On the back of the strong revenue growth delivered in the last three quarters, we expect 2011 revenues to be a minimum of $290 million, an annual revenue growth of at least 25 per cent compared with 2010. We remain confident of attaining double-digit operating margins for the year 2011.”
“Through the year 2010, we have continued to make investments in strengthening our vertical capabilities and enhancing our technology wherewithal. With this, we have established the perfect platform to deliver above-industry performance in 2011. To meet our growth plan, we intend to add 1,500 employees during the year ahead,” Hexaware Technologies CEO and Vice-Chairman, Mr P.R. Chandrasekar, said.
Meanwhile, shares of the company spurted by 8.52 per cent in early trade on BSE to a high of Rs 116.50.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
The country hasn’t had a quiet moment since the military seized power on February 1
The Tatmadaw sees itself as an embodiment of the nationalist soul of Myanmar. But their brand of nationalism ...
While Supreme Court has cleared the way for women seeking longer tenures and senior roles in the Indian Army, ...
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor