Genpact

This IT Company Offers 6 Months Maternity Leave To Its Women Employees

Press Trust of India | Friday January 27, 2017

The changes to the maternity leave policy came into effect from this year for employees in India.

Genpact Posts 4% Rise In Q2 Profit, Lowers 2016 Revenue Outlook

Press Trust of India | Thursday August 4, 2016

BPO major Genpact reported an about four per cent jump in net profit at $65.2 million for the second quarter that ended on June 30, 2016.

Bengaluru Techie Jumped Off 9th Floor Of Genpact Office

Bangalore News | Reported by Maya Sharma, Edited by Raija Susan Panicker | Wednesday July 20, 2016

Gulshan Chopra, a techie at Genpact, was working late as usual on Monday night. Then, at around midnight, he killed himself by jumping off the ninth floor of his office.

Genpact May Hire Over 10,000 People by End-2016

Press Trust of India | Monday December 7, 2015

BPO services provider Genpact may recruit over 10,000 people by the end of next year, a senior official of the company said on Monday.

Genpact Signs Agreement with ICFAI Business School, Hyderabad

Press Trust of India | Monday December 7, 2015

Genpact said it plans to conduct these sessions through its own subject matter experts and training partners providing both theoretical and practical experience.

India Inc Opens Boardrooms to Women but Few Mid-Career Dropouts Return

Thomson Reuters | Thursday November 19, 2015

Tanu Anand, an Indian international tax accountant with 13 years of experience with multinational firms in India, Singapore and Hong Kong, lost hope of resuming her high-flying career after having a baby last year.

NDTV's New Ecommerce Ventures Draw A-List Investors

Press Release | NDTV.com | Friday August 7, 2015

NDTV Ltd has announced the first round of investor funding for its new ecommerce ventures, a marketplace for gadgets and new car and bikes.

Genpact Q2 Profit Rises 28% to $63 Million

Press Trust of India | Wednesday August 5, 2015

BPO major Genpact reported a 28 per cent rise in net profit at $62.70 million (around Rs 400 crore) for the quarter ended June 30, 2015.

Full Transcript: The NDTV Dialogues - Banking for the Poor

India News | NDTV.com | Monday March 23, 2015

Today on NDTV Dialogues, we look at banking for the poor and complete financial inclusion of the excluded. The Jan Dhan Yojna has been a flagship scheme for this government, but we look beyond on the show. How will it actually work on the ground? How do you bring in people who have been excluded for years into the Indian economy? How will they be a...

Genpact to Buy Back Shares Worth up to $250 Million

Press Trust of India | Friday February 27, 2015

Genpact's cash and cash equivalents stood at about $462 million as of December 31. It had around 218.7 million common shares outstanding during the same period.

Genpact Posts 6% Decline in Fourth Quarter Profit

Friday February 6, 2015

US-based BPO major Genpact on Thursday reported a 6 per cent decline in net profit at $45.8 million for its fourth quarter that ended on December 31, 2014.

Genpact Inks Pact With University of Calcutta

Sunday December 21, 2014

Genpact has inked a pact with the University of Calcutta to jointly develop a research and analytics programme aimed at generating a steady supply of industry-ready professionals.

Hiring in IT-BPM to Go Up 6 Per Cent in 2014: Nasscom

Wednesday July 23, 2014

An improving global economic sentiment and a rise in technology spend are expected to drive hiring in the Indian IT-BPM sector, pushing net hiring up 6 per cent this year, industry body Nasscom said on Wednesday.

Genpact Wins Finance, Accounting Services Deal From Honeywell

Wednesday July 23, 2014

Outsourcing services provider Genpact on Wednesday said it has secured a multi-year contract from technology major Honeywell to deliver finance and accounting (F&A) services in the South East Asian markets.

Genpact Appoints Edward J Fitzpatrick as CFO

Friday June 27, 2014

Fitzpatrick joined Motorola in 2000 and served as chief financial officer from February 2009 to August 2013. Prior to Motorola's acquisition of General Instrument Corporation, Fitzpatrick was part of the finance team at General Instrument.

Genpact to Spend $45 Million on Strategic Investments in 2014

Sunday May 11, 2014

During the January-March 2014 period, Genpact's capital expenditure stood at about 2.2 per cent of the quarter's revenues ($528.2 million).

Genpact Q1 Net Profit Up 8.3 Per Cent at $50.6 Million

Tuesday May 6, 2014

BPO major Genpact on Tuesday posted an 8.3 per cent jump in net profit at $50.6 million for the first quarter that ended on March 31, 2014.

Genpact Q4 net declines 8.6 per cent to $48.8 million

Friday February 7, 2014

BPO major Genpact on Friday reported a 8.6 per cent decline in its net profit at $48.8 million for the fourth quarter that ended in December 2013.

Genpact wins 5-year deal from Credit Agricole CIB

Wednesday November 20, 2013

BPO major Genpact said on Tuesday that it has bagged a five-year, multi-million dollar services deal to manage the US IT operations for Credit Agricole CIB (CA-CIB).

Genpact quarterly net income up 4.5 per cent

Wednesday August 7, 2013

The US-based firm had posted a net income of $61.1 million in the same period last year, it said in a release.

Genpact Q1 net up 21.3 per cent at $46.7 million

Thursday May 2, 2013

BPO major Genpact today posted 21.3 per cent jump in net profit at $46.7 million for the first quarter ended March 31, 2013. The company's net profit stood at $38.5 million in the January-March quarter of 2012, Genpact said in a statement.

Genpact Q4 net down 12.6 per cent at $53.4 million

Friday February 8, 2013

BPO major Genpact today posted 12.6 per cent decline in net profit to $53.4 million for the fourth quarter that ended on December 31, 2012.

Genpact acquires Jawood, strengthens healthcare biz

Thursday February 7, 2013

BPO firm Genpact today said it has acquired Jawood, a business services provider to the healthcare payer industry, for an undisclosed amount. The transaction also includes Genpact's purchase of India-based Felix Software, a key subcontracted service provider to Jawood, Genpact said in a statement.

Corruption worldwide menace, don't single out India: Anand Sharma

Friday January 25, 2013

Terming corruption and frauds as a worldwide menace, Union Minister Anand Sharma has said it was unacceptable to single out India and other developing economies for these issues, as he assured the global investors of New Delhi's commitment to an institutional mechanism to address these concerns.

India's growth to speed up in years ahead: J Frank Brown

Thursday January 24, 2013

J Frank Brown, managing director and COO of General Atlantic, spoke to NDTV's Namrata Brar on the sidelines of the annual World Economic Forum meeting in Davos, Switzerland.

Genpact signs 5-year pact with Centrica

Tuesday November 6, 2012

BPO major Genpact today said it has signed a five-year agreement with Centrica to help drive effectiveness in the energy services company's Finance, Accounting (F&A) and management reporting processes.

Bain Capital can buy 30% stake in Genpact for $1 billion

Friday October 19, 2012

Competition Commission has approved American private equity firm Bain Capital's proposal to acquire 30 per cent stake in Indian IT firm Genpact. Giving the green signal, the fair trade regulator said the acquisition would not have adverse impact on the domestic IT-BPO sector.

Investors cheer Bain Capital's Genpact stake buy, shares rise

Friday August 3, 2012

Investors cheered US private equity firm Bain Capital Partners' move to buy a 30 per cent stake in technology outsourcing services provider Genpact Ltd, sending its shares to their highest in nearly two years.

Bain Capital to acquire 30 per cent stake in Genpact for $1 bn

Thursday August 2, 2012

Under the recapitalization plan, Bain will own a 30 per cent stake in Genpact and will nominate four (out of 10) directors to Genpact's board, replacing the current GA/Oak Hill nominees. Post the stake sale, GA and Oak Hill will each own 5 per cent stake in Genpact, down from 20 per cent earlier. Morgan Stanley is acting as lead financial advisor t...

Power grid failure: How BPO companies coped

Press Trust of India | Tuesday July 31, 2012

The BPO industry in Gurgaon and Noida managed to run operations, even as power grid failed, using back-up generator sets