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Hexaware

Hexaware sets up new office in Coimbatore to focus on data, testing skills

Global Information technology services and solutions provider Hexaware Technologies has strengthened its footprint in Tamil Nadu with the inauguration of a new office in Coimbatore. The facility would aid the company's existing Business Process Services division which is already operational in the industrial district. The new office would focus on data and testing skills in data modernisation, automation, cloud, software development, data compliance, gen AI among others. "With our expansion in Coimbatore, we are excited to enhance our operational capabilities and access the talented workforce in emerging cities. This initiative highlights our ongoing efforts to innovate and deliver quality service," Chief Operating Officer Vinod Chandran said in a company statement on Friday. The decision to strengthen presence in Coimbatore stems from the strategic and operational advantages. The city boasts of robust talent pool and availability of skilled professionals. Coimbatore is an educatio

Hexaware sets up new office in Coimbatore to focus on data, testing skills
Updated On : 05 Jul 2024 | 4:22 PM IST

Software firm Hexaware announces 100-120% variable pay to all employees

Software services firm Hexaware Technologies Wednesday announced up to 120 per cent variable pay to its more than 28,500 employees. The payout ranges from 100 per cent to all employees and up to 120 per cent for high performers who have shown exceptional performance for two years, the city-based company said in a statement. Of its 28,500 employees, as many as 20,000 are based in India. Despite the prevailing economic volatility where companies have put hiring on hold, Hexaware has committed to on-board around 6,000 experienced professionals this year, it said. While the entire software industry is facing high attrition levels, the company claimed that its employee retention has seen a significant leap, jumping from 68 per cent in 2021 to 73 per cent in 2022. In 2022, Hexaware's revenues grew over 25 per cent in constant currency terms. The company is confident of maintaining this growth pace in 2023 in spite of the anticipated macroeconomic headwinds. Chief operating officer Vin

Software firm Hexaware announces 100-120% variable pay to all employees
Updated On : 30 Aug 2023 | 10:05 PM IST

IT company Hexaware Tech to add 10,000 more to headcount in 2022

To offset the high attrition rate and execute about USD 2-billion order pipeline, global private equity major Carlyle Group-controlled Hexaware Technologies is adding 10,000 more to its 25,000-strong headcount this year, a senior company official has said. Last October, the Carlyle Group offered a reported USD 3 billion to Baring Private Equity Asia for the city-based software firm founded by technology veteran Atul K Nishar in 1990. PTI was the first to report in late August 2021 that Carlyle, the Washington-based private equity, alternative asset management and financial services giant set to pip bulge bracket rivals such as Bain Capital, KKR & Co and the Paris-based outsourcer Teleperformance, was the winner with a USD 3-billion bid for the company. None of the three parties has yet officially announced the deal completion. Nishar, who was founder and chairman of Hexaware Technologies, had in 2013 sold majority stake to Baring PE Asia for Rs 1,687 crore, with an open offer for .

IT company Hexaware Tech to add 10,000 more to headcount in 2022
Updated On : 15 Feb 2022 | 6:40 PM IST

Carlyle preferred bidder for Baring PE's Hexaware in $3 bn deal: Report

Hexaware provides automation, cloud and customer services-related technology to a wide range of industries including finance, education, hospitality and manufacturing.

Carlyle preferred bidder for Baring PE's Hexaware in $3 bn deal: Report
Updated On : 30 Aug 2021 | 6:02 PM IST

Trading of Hexaware shares on NSE to be suspended from November 2

Hexaware on Monday said trading of its shares on the National Stock Exchange will be suspended from November 2 on account of voluntary delisting by the IT company

Trading of Hexaware shares on NSE to be suspended from November 2
Updated On : 19 Oct 2020 | 11:15 PM IST

Hexaware buys Mobiquity for $182 million, to absorb all employees

he acquisition will be funded through a mix of internal accruals and external borrowings, the firm said

Hexaware buys Mobiquity for $182 million, to absorb all employees
Updated On : 15 Jun 2019 | 2:48 AM IST

We'll bring down our US exposure to 70% by 2020: Hexaware CEO R Srikrishna

On the service lines, we have diversified to a great extent, says Srikrishna

We'll bring down our US exposure to 70% by 2020: Hexaware CEO R Srikrishna
Updated On : 27 Jul 2018 | 5:27 AM IST

Hexaware profit takes a 15% knock in Dec quarter, despite 7% revenue growth

Revenue from Americas fell about 200 basis points to 79.8% over the year

Hexaware profit takes a 15% knock in Dec quarter, despite 7% revenue growth
Updated On : 08 Feb 2018 | 1:33 PM IST

Hexaware Q3 net profit growth flat

For the quarter, the company reported US dollar revenue at $135.9 million up 4.8 per cent on QoQ basis

Hexaware Q3 net profit growth flat
Updated On : 25 Oct 2016 | 4:13 PM IST