Industry profile: Business service is an industry that includes many different small segments like pharma. What you need is essential. Players in the Industry are widely known as Outsourcing companies. It provides staffing, Shipping, Printing, office administration, security, and so on. The staffing, recruiting, and workforce solutions segment is one of the largest business services industries. In 2014 there were 17,000 companies in the United States with annual revenue totaling $130 billion, an increase of more than 5% over the previous year. Staffing companies identify potential employees through advertising. Candidates are often tested, interviewed, and then sent to the customer company for approval.
Some staffing companies are even posting their jobs on these sites! These website job portals are in direct competition with staffing agencies and can potentially drive them out of business. Temporary staff is one area where Industry is active as when it comes to Permanent then some companies to try it in InHouse. Recognizing the immense impact websites such as Indeed, Monster, and Jobs.com have had on the staffing industry is essential.
Company Profile: The company is India’s leading business service provider and has a pan-India presence with 65 offices and an overseas footprint in 10 countries spread across North America, South America, the Middle East, and Southeast Asia. It is a subsidiary of Fairfax. It serves over 1700+ customers across five segments: Industrials, Facility Management, People Services, Technology Solutions, and Internet Business. The company operates through its subsidiaries, namely.
- Brainhunter Systems Limited,
- Co-Achieve Solutions Private Limited,
- Comtel Solutions,
- Dependo Logistics Services Private Limited,
- Excellus Learning Solutions Private Limited,
- MFX Infotech Private Limited,
- Mindwire Systems Limited,
- Conneqt Business Solution,
- Vedang Cellular Services,
- Terrier Security,
- Monster.com India private limited,
- Greenpiece Landscapes India Pvt Ltd
and the company has divisions, namely.
- Magna Infotech
- Hofincons
- IKYA Human Capital Solutions
- Inedge Retail
- Avon Facility Management Services
- Chef On Wheels
- SPIFFY
- Maxeed Telecom Solutions
- EnerQ Solutions
- QInfra Solutions
- Qtek Systems
Shareholding pattern BSE Data
Financials and ratio : [table id=157 /]
Future prospectus: A company such diverse is difficult to fail. India is growing fast, and we need Developed HR services. Industrial Operating and management security and services. Security services are one area with significant demand, even from banking. There is a leader SIS listed on Indian markets but not much. So not only organic but inorganic growth also is good.