HTMT was formerly known as Hinduja Finance Corporation Ltd. In August 2000, it
merged Ashok Leyland Information Technology Ltd (ALIT) with itself. ALIT was
engaged in IT services since 1993 and pursuant to the merger, the IT services became
the division of HTMT. Prior to the merger, HTMT was engaged in equity trading and
investment banking activities, which was discontinued from the year 2002. The company
employees more than 3,000 people including the subsidiaries and 2,000 employees
on a stand-alone basis.
Business
HTMT, a core IT company, is also engaged in cable TV distribution, broadband
internet, media content, film financing, production & distribution and cellular telephony.
The company either carries these businesses directly or through its subsidiaries.
•IT
Software Services
It provides varied services like application development & maintenance, system
integration, legacy migration, web & multimedia based services, ERP implementation,
IT consulting and engineering design services. This team comprises more than 100
people with domain expertise in automobile (discrete manufacturing) and telecom.
ITES
In ITES, it has a presence in both non-voice (back office processing) and voice (call
center) services. In these services, the company has made a name for itself in the
insurance/healthcare and telecom domain. At present, 1,800 people are employed in
this segment.
Subsidiaries
?? HTMT Inc, USA – fully owned subsidiary
?? HTMT Europe Ltd – 51% owned
?? Hinduja TMT France – 51% owned
These subsidiaries look after marketing and sales of its IT offerings in their respective
geographical area.
• Media & Telecom
The company acts as a corporate parent of subsid ...