1.

HEXAWARE RAISES REVENUE EXPECTATIONS

2. ONGC BIDS FOR TREBS & TITOV OILFIELDS IN RUSSIA

3. TRAVEL TALES 4. HR, THE CULTURE KEEPER?

- BACKGROUND
- ANALYSIS - RECOMMENDATIONS

 HEXAWARE RAISES REVENUE EXPECTATIONS SOURCE: BUSINESS STANDARD Date: 21st September, 2010

 Hexaware is a leading global provider of IT & BPO services and

consulting.
Its business philosophy is Your Success is Our Focus. It focuses on key domains such as Banking, Financial Services,

Insurance,

Travel,

Transportation,

Hospitality,

Logistics,

Manufacturing, Life Sciences and Healthcare.

It is Group of Company such as FocusFrame, Caliber Point and

RiskTech.

 It increased its revenue expectation for the third quarter, to

$60 million (Rs 275 crore).

It has expanded its Bangalore-based delivery centre.

Hexaware has now ventured into its fifth city in India

after Mumbai, Chennai, Pune and Nagpur.

A deal of $110 million is signed.

 Hexaware can go for 700 freshers and only 300 lateral

hires out of its 1000 new hires.

As the company has got 3 years extension, it can

concentrate on other projects simultaneously.

Price should be in the narrow band only.

 ONGC BIDS FOR TREBS & TITOV OILFIELDS IN

RUSSIA
SOURCE: TIMES OF INDIA

Date: 22nd September, 2010

 ONGC was setup on 14th Aug 1956.

ONGC is one of the Asias largest company involved in exploration and

production of oil & gases.

It is the highest profit making corporation of India.

ONGC went off shore in early 70s and discovered a giant oil field Mumbai

High.
It contributes 77% of Indias crude oil production in which 40% of production

is from 1 field Mumbai High and 81% of Indias natural gas production.
ONGC Videsh is the international arm of ONGC.

 OVL has bid for Russia's strategic Trebs and Titov oil fields, even as its proposed

bidding partner, Rosneft, has pulled out of the race.

The LUKOIL which is Russia's second largest oil producer, TNK-BP which is half-

controlled by British Petroleum, Gazprom which is Russia's natural gas monopoly, Surgutneftegaz, which is Bashneft are in the race.
Rosneft's quoted that his company would consider joining the project if a potential

Russia's fourth-largest oil producer, and mid-sized firm

partner wins the bid.

The tender is slated for December 2.
Starting price is of 18.2 billion roubles ($587 million). The final price might be

significantly higher.

 ONGC should make it clear whether participation of

foreign companies is allowed or restricted.

 TRAVEL TALES SOURCE: ASCENT(THE TIMES OF INDIA) Date: 22nd September 2010

 In context of a corporate job, travelling isn't that exciting. In todays global scenario a companys growth is steered

by its ability to work efficiently across distances.

Theres a strong need to travel far and wide, In spite of

internet being providing a global connectivity.

 There should be a proper balance between personal and

work life.
Having the right perspective is the only key.

It is better to look at how experienced professionals deal

with the stress involved in travel.

 To manage ones health and priorities during travel. Start the day with yoga, meditation and a few warm-up

exercises.
Ensure a sound sleep.
Proper time management and relaxed mind along with

positive thinking is must.

 HR, THE CULTURE KEEPER? SOURCE: ASCENT (THE TIMES OF INDIA) Date: 22nd September 2010

 A companys culture starts taking shape from the day it

comes into existence.

HR plays a vital role in creation of an environment

where employees are driven by it.

HR is definitely a strategic partner today.

 HR understands both short term and long term

objectives of an organisation.
HR cannot change the culture of an organisation in

isolation.
The role of HR comes into picture in facilitating and

mentoring the workforce.

 Ongoing efforts should be made to change culture.

Culture should be the DNA of an organisation.

The HR agenda should be crafted well.

Each and every employee should play a role in

development of a companys culture.