WNS

The new center will further strengthen WNS' existing capabilities in delivering digital-first industry-specific solutions for diverse industries, including Shipping and Logistics, etc

Founded in 2011, Vuram has 900 employees at various locations in India, US, Mexico, Australia, Canada, and UK

Despite the ongoing pandemic-related volatility and pressure associated with tight global labour markets, WNS continues to perform well and deliver solid financial results, a company official said

In a Q&A, Keshav Murugesh, Group CEO of the NYSE-listed firm, says his company will continue to hire, but at a slower pace

Operating margin in the first quarter was 16.6 per cent, as compared to 12.6 per cent in Q1 of last year and 15.3 per cent in the previous quarter

On a sequential basis, margins shrunk due to impact of our annual wage increases; advance hiring and infrastructure build out for project ramps, and higher share-based compensation expense

Nasdaq-listed business process management firm WNS has acquired HealthHelp to enhance its services in the healthcare segment. The company will pay Rs 632 crore ($95 million) to buy Texas-based HealthHelp, which provides benefits management across specialty healthcare areas like radiology, cardiology, oncology, sleep Care, orthopedics, and pain management. Nearly 88 per cent of the transaction amount for this deal was funded by a long-term debt, said a company spokesperson. HealthHelp deal is likely to contribute nearly $2.3 million in revenue for the company in the current fiscal ending March 31, 2017. WNS had a cash pile worth nearly Rs 1000 crore ($150 million) as on December 31, 2016."With this acquisition, WNS has taken a major step forward in strengthening our end-to-end Healthcare and Insurance BPM offerings. The company plans to leverage HealthHelp's industry-leading capability in care management to address the needs of payor, provider and insurance organizations," said ...

Revenue for the quarter rose 6.2% at $149.8 mn