HGS.NSE

Hinduja Global Solutions Ltd.

TWO Indian companies are pouring in more investments that will provide a combined 2,000 fulltime jobs in the Philippines, following President Ferdinand Marcos Jr.’s recent state visit to the South Asian nation, the Department of Trade and Industry said on Monday. Hinduja Global Solutions (HGS) — a subsidiary of the Hinduja Group, one of India’s largest conglomerates — is expanding with two new offices in Taguig and Iloilo, after its recent launch of an AI hub in Quezon City that will upskill Filipino workers in automation, analytics, and artificial intelligence. “These projects, backed by an estimated $5 million in fresh investments, will position the Philippines as a strategic partner in Hinduja’s growth in the Asia-Pacific region,” DTI said. “HGS has been with us since the early days of the outsourcing industry. We welcome their new expansion, which will not only generate jobs but also equip our workforce with the skills needed for the digital future,” Trade Secretary Cristina Roque said.

Despite recent market declines, analysts have identified five Indian stocks with the potential for near-term gains. Technical analysis suggests that Hinduja Global Solutions could rally up to 16%, while Mahindra Lifespaces may see a 12% increase. Jubilant Pharmova, SAIL, and Aadhar Housing Finance are also showing bullish signals, with potential upsides of 8% and 5% respectively, based on technical indicators.

Bengaluru: Hinduja Global Solutions (HGS) has elevated Venkatesh Korla, president and chief executive officer (CEO) of HGS Americas, as the new global.