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'We choose verticals that focus on end users'
The Nasscom-McKinsey Perspective 2020 report notes that healthcare will emerge as a very big opportunity for outsourcing services. ANANDA MUKERJI, managing director and chief executive officer of Firstsource, feels his company is in the right place to make its mark in the global BPO business. The outsourced healthcare space represents an approximately $17-billion opportunity in the US alone. The industry is expected to grow at over 50 per cent CAGR (compounded annual growth rate) over the next five years. With healthcare contributing close to 40 per cent of its revenue, the sixth-largest BPO player’s early bet on the segment seems to be paying off. Mukerji spoke with SHIVANI SHINDE on how its healthcare acquisitions have panned out and the way forward. Excerpts:

Land acquisition, rehab details to be computerised
The Orissa government will start a pilot project for computerisation of the details of land acquisition for different projects and rehabilitation and re-settlement (R&R) of affected persons. To be launched under the banner of ‘punarbas project’, the pilot scheme will initially cover three projects.

News of the day

Oil India posts 23.5% jump in Q3 net at Rs 717 cr
State-run Oil India Ltd today reported a 23.5 per cent jump in net profit for the third quarter ended December 31, 2009, on the back of higher price-realisation for the crude oil it produces.
Business Opportunities

Hindustan Copper Q4 net dips 95% to Rs 3.77 cr

State-run Hindustan Copper today reported a 95.58 per cent decline in its net profit at Rs 3.77 crore for the fourth quarter ended March 31, 2009. - Rio Tinto H109 profit plummets 65% to $2.45 bn - Mphasis Q3 net zooms 128% - HP Q3 profit plunges 19%; sees stabilising biz - No stake sale in Nalco, Hindustan Copper: govt - Orient Express Q2 net loss at $24.3 mn - Shriram EPC reports 9.75% increase in net profit The total income also decreased to Rs 389.73 crore for the quarter under review as against Rs 468.35 crore in the same period last year, Hindustan Copper said in a filing to the Bombay Stock Exchange(BSE). For the year ended March 31, 2009, the company posted a net loss of Rs 10.3 crore, while it had a net profit of Rs 246.46 crore in the previous fiscal. The total income decreased to Rs 1,299.69 crore in the same period, against Rs 1,704.23 crore last year. Shares of Hindustan Copper were trading at Rs 235.15 on the BSE, up 4.56 per cent from previous close.


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