financetom
Business
financetom
/
Business
/
Focusing on retention with salary raise, career progression; actively looking for M&As: Zensar
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Focusing on retention with salary raise, career progression; actively looking for M&As: Zensar
Dec 23, 2021 2:35 AM

Zensar Technologies will continue to actively look for merger and acquisition opportunities, Ajay S Bhutoria, chief executive officer and managing director, told CNBC-TV18.

He further said that the company is significantly hiring and expanding delivery locations and also focusing on retention with an increase in compensation and career progression.

Also Read: Edelweiss initiates buy on Zensar Technologies; check out target price, other details

“There is an industry-wide attrition issue. It is global, but in the Indian context, it’s amplified and in Zensar we had our own share of attrition issues,” said Bhutoria.

According to him, the company has strengthened the team on fronts like sales, client relations and delivery.

For the entire management interview, watch the video

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 >
Sector Update: Consumer
Sector Update: Consumer
Oct 3, 2024
08:50 AM EDT, 10/03/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.4%. Levi Strauss (LEVI) shares fell by over 11% after the company reported a fiscal Q3 net revenue that missed the average analyst estimate compiled by...
Halozyme Therapeutics Expands Licensing Agreement With Argenx
Halozyme Therapeutics Expands Licensing Agreement With Argenx
Oct 3, 2024
08:57 AM EDT, 10/03/2024 (MT Newswires) -- Halozyme Therapeutics ( HALO ) said Thursday it has expanded its global collaboration and licensing deal with argenx (ARGX) under which the latter has nominated four new targets for Halozyme's Enhanze drug delivery technology. With the expanded agreement terms, argenx now has a total of six targets, Halozyme said. The biopharmaceutical firm said...
Market Chatter: Shipments To Resume As Montreal Port Strike Wraps Up As Scheduled
Market Chatter: Shipments To Resume As Montreal Port Strike Wraps Up As Scheduled
Oct 3, 2024
08:54 AM EDT, 10/03/2024 (MT Newswires) -- The union representing Montreal dockworkers has ended a three-day strike at two terminals as scheduled, The Canadian Press is reporting Thursday, as per a story published on the BNN Bloomberg website. It noted the Maritime Employers Association confirmed the work stoppage came to an end at 7 a.m. at the terminals, which handle...
Valvoline Says It Opened Its 2,000th Location
Valvoline Says It Opened Its 2,000th Location
Oct 3, 2024
08:56 AM EDT, 10/03/2024 (MT Newswires) -- Valvoline ( VVV ) said Thursday that in September it opened its 2,000th location, progressing toward its goal of 3,500 service centers across the US and Canada. The company said the new center, located in Centerville, Ohio, marks its sixth Valvoline Instant Oil Change location in the Dayton area. Shares of the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved