Raking it in

BS Compass

 Hexaware Technologies has sold its entire investment in Mentorix.com Inc., which it had bought in early 2001. In the process, it has made a net gain of $4.15 million, or about Rs 19 crore.

 In calendar year 2003 (Hexaware follows a Jan-Dec accounting year), the company expects to make a consolidated pre-tax profit of $5 million.

 Needless to say, the selloff will have a substantial impact on the company