Type Public Industry Business Website www.teamhgs.com Number of locations 65 Parent organization Hinduja Group | Traded as NSE and BSE: HGS Services B2B business Headquarters India Founded 2000 | |
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Key people Ramkrishan P. Hinduja (Chairman), Partha Desarkar (CEO) Stock price HGS (NSE) ₹ 610.60 +2.05 (+0.34%)10 Mar, 3:30 PM IST - Disclaimer Subsidiaries Colibrium Partners, LLC, HGS (USA), LLC | ||
Hinduja Global Solutions is an Indian pure play business and service provider headquartered in Bangalore, and part of the Hinduja Group. Formerly known as HTMT Global, the company re-branded itself as HGS in line with the group policy. It has over 40000 employees worldwide with a large employee base in India. It has presence in about 12 countries including Philippines, USA, UK, Canada, France, Germany, Italy, Netherlands, Mauritius, UAE and Jamaica. In India, it has 66 "delivery centers" including major cities like Bangalore, Chennai, Hyderabad, Mumbai, and growing cities like Mysore, Nagercoil, Durgapur, Siliguri, and Guntur.
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History
The history of HGS (Hinduja Global Solutions) began in 1993 under the name ALIT Ashok Leyland Information Technology, providing information technology services. In 2000, ALIT merged with Hinduja Finance Corporation (HFC) to form HGS. 2003 marked a milestone for HGS with the acquisition of Customer Contact Center Inc., a call center company located in the Philippines. In 2007, HGS acquired AFFINA LLC, a US-based contact center and database management and marketing research company and in 2010, UK-based Careline Services, another contact center management services provider, was acquired. In 2011, HGS acquired Canadian-based On-line Support Inc. (OLS) to further strengthen its presence in North America.
On 30 June 2015, HGS announced the signing of a definitive agreement to take over a significant portion of Mphasis Emerging Markets business. With this acquisition, HGS expanded its presence in Bangalore, Noida, Raipur, Chennai, Pune, Mumbai, Vadodara, Indore, Puducherry, Ahmedabad, Bhubaneswar and Mangalore, and also entered the competitive BPO market in terms of employment with its only centre in North India in Noida.
Shareholders
HGS is a public limited company, listed on both the leading stock exchanges in India, the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange (BSE).