HGS

Updates shares in paragraph 2, adds analyst comment in paragraph 8, consensus in paragraph 9, details on share buyback in paragraph 10

March 17 (Reuters) - British defence and security company QinetiQ QQ.L warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes in government.

Shares in the company, which develops and tests systems used across defence, space, government and other sectors, fell as much as 22.2% and are on track for their worst day on record, after QinetiQ said the delays would affect its revenues.

Its UK Intelligence business, which makes up about a fourth of revenues, has experienced delays in contracts of shorter duration, with delays also seen at its Global Solutions unit, which accounts for another quarter of sales and records QinetiQ's U.S. contracts.

QinetiQ is also restructuring its U.S. business, expecting a charge of about 140 million pounds ($181.3 million) at year-end.

The rest of its business under EMEA services and UK defence, however, is performing strongly due to greater exposure to longer contracts, the company said.

Britain's Labour government, which took office last July, is aiming to speed up defence procurement, but the industry is awaiting clarity on government spending priorities in a review expected this spring.

Britain last month also announced an increase in military spending amid rising geopolitical tensions.

Citi analysts said in a note that the U.S. political situation and UK contract delays are likely to create an uncertainty overhang for QinetiQ stock in the near term, without elaborating.

The company forecast organic revenue growth of about 2% for the year ending March 31. That implies sales of about 1.95 billion pounds, short of analysts' consensus of 2.04 billion pounds.

For fiscal 2026, growth is expected to improve slightly to about 3% to 5%, QinetiQ said, adding that it would buy back shares of up to 200 million pounds over the next two years.

($1 = 0.7721 pounds)

(Reporting by Pushkala Aripaka in Bengaluru and Sarah Young in London; Editing by Mrigank Dhaniwala, Jan Harvey and Rod Nickel)

(([email protected]; X and LinkedIn: @pullthekart;))

March 7 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS - DIVERSIFY INTELLIGENT STAFFING SOLUTIONS MERGED WITH DIVERSIFY ISS BGC

Source text: ID:nBSE6mq0Tc

Further company coverage: HGSL.NS

(([email protected];))

Jan 7 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS LTD - HGS APPOINTS ANSHUMAN SINGH AS CEO FOR UK OPERATIONS

Source text: ID:nNSE4zYVrQ

Further company coverage: HGSL.NS

(([email protected];))

** Shares of Indian business process management firm Hinduja Global Solutions HGSL.NS rise 3.5% to 750 rupees

** Co on Tuesday said to create more efficient organization structure unit HGS CX Technologies approved merger of its five US units with itself

** HGSL set to snap two sessions of losses, down ~24% YTD

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Dec 10 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS LTD - UNIT TO MERGE 5 US UNITS WITH ITSELF

Source text: ID:nBSE1GwFbK

Further company coverage: HGSL.NS

(([email protected];))

** Hinduja Global Solutions HGSL.NS rises as much as 4.2% to 712 rupees; set to snap three weeks of losses

** Business process management co to provide C$40 mln ($28.6 mln) guarantee to Canadain public transportation agency Metrolinx to execute a contract for its unit

** Expects unit's rev over the initial six years of contract around C$36 mln

** More than 45,000 shares traded vs 30-day avg of 81,751

** HGSL last up 1.4%, cutting YTD losses to 30%

($1 = 1.3986 Canadian dollars)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Hinduja Global Solutions Ltd HGSL.NS fall as much as 7.9% to 662.10 rupees

** Business process management co reported a Q2 consol net loss of 453 mln rupees ($5.4 mln) from a profit of 177.2 mln rupees a year ago; Q2 rev fell 7.9% y/y

** Co says, Q2 rev impacted by ongoing macro-economic pressures and a few challenges in UK market

** Stock on track to fall for 7th straight day

** More than 82,000 shares traded as of 12:13 p.m. IST, 3.4x their 30-day moving avg

** HGSL last down 6.5%, adding to YTD losses of 32.1% so far

($1 = 84.3825 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Nov 14 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS LTD SEPT-QUARTER CONSOL NET LOSS 453 MILLION RUPEES

• HINDUJA GLOBAL SOLUTIONS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.87 BILLION RUPEES

Source text: [ID:]

Further company coverage: HGSL.NS

(([email protected];))

Oct 8 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• RECEIVED NOTICE FROM TAX DEPARTMENT ABOUT REOPENING OF ASSESSMENT FOR 2021-22

Source text for Eikon: ID:nBSE4c1GYk

Further company coverage: HGSL.NS

(([email protected];;))

Aug 14 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• JUNE-QUARTER CONSOL NET PROFIT 1.66 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.92 BILLION RUPEES

Further company coverage: HGSL.NS

(([email protected];))

April 22 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS LTD - CELERITYX LAUNCHES UNIFIED NETWORK-AS-A-SERVICE SOLUTION ONEX

• HINDUJA GLOBAL SOLUTIONS LTD - ENTERS INTO A STRATEGIC PARTNERSHIP WITH MAHARASHTRA STATE COOPERATIVE CREDIT SOCIETIES FEDERATION

• HINDUJA GLOBAL SOLUTIONS LTD - PARTNERS WITH CREDIT SOCIETY FEDERATION MAFCOCS FOR 40,000 BRANCHES IN MAHARASHTRA

• HINDUJA GLOBAL SOLUTIONS LTD - RECEIVES FIRST ORDER FROM SAMTA SAHAKARI PATASANSTHA FOR ITS BRANCHES IN MAHARASHTRA

Source text for Eikon: ID:nBSEKf0K6

Further company coverage: HGSL.NS

(([email protected];;))

March 28 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS LTD - UNIT, HGS INTERNATIONAL, MAURITIUS HAS INCORPORATED UNIT NAMED, TEAM HGS SOUTH AFRICA

• HINDUJA GLOBAL SOLUTIONS LTD - INITIAL INVESTMENT UP TO USD $ 2.3 MILLION IN EQUITY SHARES/LOAN BY HGS INTERNATIONAL MAURITIUS

Source text for Eikon: [ID:]

Further company coverage: HGSL.NS

(([email protected];))

March 22 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• ENTERED INTO AN AGREEMENT TO SELL OPTICAL FIBRE ASSETS OF CO TO INDUSIND MEDIA AND COMMUNICATIONS

• DEAL FOR 2.08 BILLION RUPEES

Source text for Eikon: ID:nBSE7t4Z8W

Further company coverage: HGSL.NS

(([email protected];))

Feb 14 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• HINDUJA GLOBAL SOLUTIONS DEC-QUARTER CONSOL NET PROFIT 101.3 MILLION RUPEES VERSUS PROFIT 508.6 MILLION RUPEES

• HINDUJA GLOBAL SOLUTIONS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.04 BILLION RUPEES VERSUS 11.19 BILLION RUPEES

Source text for Eikon: ID:nBSE9szl69

Further company coverage: HGSL.NS

(([email protected];))

** Shares of Proteomics International Laboratories PIQ.AX rise as much as 5.7% to A$0.835

** The medical technology co signs licence agreement with U.S.-based Omics Global Solutions

** Adds, agreement to expand its PromarkerD's reach in Chile

** PromarkerD is a predictive test for diabetic kidney disease

** Licence with Omics Global Solutions for 5 yrs, extendable by mutual agreement and exclusive to Chile - PIQ

** 111,425 shares change hands as of 0226 GMT, vs 30-day average volume of 59,399 shares

** Stock down 16.8% YTD, as of last close

(Reporting by Roshan Thomas in Bengaluru)

(([email protected]))

Nov 29 (Reuters) -

• I-T DEPARTMENT CONDUCTS SURVEY AT HINDUJA GROUP CO HINDUJA GLOBAL SOLUTIONS, MUMBAI OFFICE- CNBC-TV18

Source text: https://tinyurl.com/ynmfherb

(([email protected];))

Nov 9 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• INDIA'S HINDUJA GLOBAL SOLUTIONS LTD SEPT-QUARTER CONSOL PROFIT 184.3 MILLION RUPEES VERSUS 2.23 BILLION RUPEES

• HINDUJA GLOBAL SOLUTIONS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 11.8 BILLION RUPEES VERSUS 11.68 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: HGSL.NS

(([email protected];))

** Shares of Hinduja Global Solutions Ltd HGSL.NS rise as much as 5.14% to 1,065 rupees, its biggest intraday pct. gain since May 10

** Digital services firm says its UK unit partnered with the country's Government Digital Services (GDS) to provide contact centre support

** Trading volume at ~169,300 shares as of 2:25 p.m. IST, 7.5x the 30-day avg

** Stock down ~22.4% so far this year

(Reporting by Biplob Kumar Das in Bengaluru)

(([email protected]))

Aug 23 (Reuters) - Hinduja Global Solutions Ltd HGSL.NS:

• BROADBAND UNIT ANNOUNCES FORAY INTO ENTERPRISE SOLUTIONS SEGMENT IN INDIA

• UNIT LAUNCHES ENTERPRISE NETWORKING SOLUTIONS BRAND CELERITYX

Source text for Eikon: ID:nBSE7BLZyS

Further company coverage: HGSL.NS

(([email protected];))

LONDON, May 17 (Reuters) - Srichand Hinduja, the Indian-born billionaire leader of a global business empire and the patriarch of Britain's wealthiest family, has died aged 87, his family said on Wednesday.

Hinduja and his younger brother Gopichand, 83, topped The Sunday Times Rich List in 2022 for a fourth time, with an estimated net worth of 28.5 billion pounds ($36 billion).

"It is with deep sadness that we announce the passing of our father SP Hinduja," his children Shanu and Vinoo Hinduja said in a statement.

"SP was a visionary titan of industry and business, humanitarian and philanthropist ... He touched countless lives on his path, and we are forever grateful for the time we cherished with him."

Hinduja was chairman of the eponymous business group which owns publicly listed companies in India across banking, chemicals, information technology and commercial vehicles.

($1 = 0.7923 pounds)

(Reporting by Sachin Ravikumar and Sam Tobin; Editing by Toby Chopra)

(([email protected]; Twitter: @sachinr27;))