Hot Pursuit     01-Mar-23
HGS completes acquisition of US-based TekLink International
Hinduja Global Solutions (HGS) announced it has completed the acquisition of 100% stake in TekLink International Inc for $58.8 million.
TekLink International Inc. is a full-service financial planning and analytics service provider to over 60 clients across multiple industries, including consumer products, retail, pharmaceuticals, manufacturing & distribution, utilities, and high tech.

TekLink is headquartered in Warrenville, IL, US, with presence in Europe and delivery centers in Hyderabad and Indore in India. The company has strong credentials in the industry, with established partnerships with Microsoft, SAP, Anaplan, etc.

The acquisition will strengthen HGS' digital solutions business by adding enhanced expertise in building data platforms, analytics, and financial planning. It will also add complementary digital workforce bench strength, with 275 seasoned technology and implementation professionals joining HGS as part of the transaction. HGS' digital solutions business currently employs over 750 core technology and digital marketing experts, primarily across the US and India, who are transforming customer experiences (CX) for leading brands.

HGS provides solutions in digital consumer experience (CX), business process management (BPM) and digital media services.

On a consolidated basis, net profit of HGS declined 61.80% to Rs 51.09 crore on 6.39% rise in net sales to Rs 1119.12 crore in Q3 December 2022 over Q3 December 2021.

Shares of HGS were up 0.24% at Rs 1304.70 on Tuesday, 28 February 2023.

Previous News
  Hinduja Global Solutions fixes record date for 2nd interim dividend
 ( Market Beat - Reports 15-Nov-22   10:00 )
  Hinduja Global Solutions to hold board meeting
 ( Corporate News - 10-Aug-24   14:01 )
  Hinduja Global Solutions completes acquisition of Teklink International Inc.
 ( Corporate News - 01-Mar-23   09:22 )
  Hinduja Global Solutions strengthens its digital solutions business
 ( Corporate News - 01-Mar-23   09:24 )
  Hinduja Global Solutions consolidated net profit rises 117.25% in the December 2021 quarter
 ( Results - Announcements 14-Feb-22   08:31 )
  Hinduja Global Solutions to convene board meeting
 ( Corporate News - 08-Nov-22   12:06 )
  Board of Hinduja Global Solutions recommends Second Interim Dividend
 ( Corporate News - 15-Nov-22   10:50 )
  HGS completes acquisition of US-based TekLink International
 ( Hot Pursuit - 01-Mar-23   08:48 )
  Hinduja Global Solutions consolidated net profit declines 21.00% in the March 2020 quarter
 ( Results - Announcements 01-Aug-20   09:43 )
  Hinduja Global Solutions Ltd leads losers in 'A' group
 ( Hot Pursuit - 07-Jan-22   15:00 )
  Board of Hinduja Global Solutions recommends 3rd inteirm dividend
 ( Corporate News - 07-Jan-22   11:38 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top