financetom
Business
financetom
/
Business
/
Don’t expect any impact of Omicron on travel, media & entertainment biz: Happiest Minds
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Don’t expect any impact of Omicron on travel, media & entertainment biz: Happiest Minds
Dec 9, 2021 2:18 AM

Travel continues to be a small but significant portion of Happiest Minds Technologies’ business, said Joseph Anantharaju, Executive Vice-Chairman and CEO - Product Engineering Services (PES), in an interview to CNBC-TV18.

He further said that the company is focusing on it and will make an investment, in the travel segment in calendar year 2022.

Also Read: Happiest Minds aims to lower revenue dependency on US to below 65% in few years

On Omicron, Anantharaju said that the company doesn’t expect any impact of Omicron on the travel, media and entertainment (TME) segment because revenues are insignificant compared to the media and entertainment space.

Meanwhile, Venkatraman Narayanan, MD & CFO, said that the company factored in inorganic growth when it laid out a vision of $1 billion revenue in 10 years.

For the entire management interview, watch the video

(Edited by : Thomas Abraham)

First Published:Dec 9, 2021 11:18 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
China vows to 'fight to the end' as Trump tariff war rages
China vows to 'fight to the end' as Trump tariff war rages
Apr 7, 2025
BEIJING/WASHINGTON (Reuters) - China vowed not to bow to blackmail from the United States as a global trade war ignited by U.S. President Donald Trump's sweeping tariffs showed little sign of abating on Tuesday, even as battered stock markets steadied. The rebuke came after Trump threatened to ratchet up tariffs on U.S. imports from the world's No. 2 economy to...
Chinese LNG buyers resell US cargoes as tariffs bite
Chinese LNG buyers resell US cargoes as tariffs bite
Apr 7, 2025
By Chen Aizhu, Emily Chow and Marwa Rashad SINGAPORE/LONDON (Reuters) - Chinese buyers of LNG are re-selling U.S.-sourced cargoes as tit-for-tat tariffs drive up import costs, and the trend is set to accelerate as new multi-year supply deals kick in this month and domestic demand weakens, traders and analysts say. Beijing, which imposed 15% tariffs on U.S. LNG imports in...
Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows
Japan's bankruptcy filings hit 11-year high in FY2024/25, TSR tally shows
Apr 7, 2025
TOKYO (Reuters) - Japan's bankruptcy filings in fiscal 2024 totalled 10,144, the most in 11 years, credit research firm Tokyo Shoko Research (TSR) said on Tuesday, amid rising uncertainties around the Bank of Japan's rate hike schedule. The number of bankruptcies in the 12 months to March was the largest since fiscal 2013's 10,536, and grew by 12% from the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved