Hinduja Global Solutions board asks for portfolio review to keep up with changing dynamics

Hinduja Global Solutions (HGS) on Monday said its board has asked for a review of existing portfolio of businesses to unlock value in all divisions of the company.

In a regulatory filing, HGS said keeping in view the changing market dynamics and the opportunities to unlock value in all the divisions, the board of HGS has asked for a review of the company’s existing portfolio of businesses.

This will be done in consultation with external consultants if required, it added.

“The board and management of HGS are very conscious of the need to enhance the profitability and value of all business divisions of the company. Accordingly, HGS divested its India domestic business in January 2020,” it noted.