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HTMT approves 20 per cent dividend for FY 02-03
MUMBAI: At the annual general meeting held on Monday, Hinduja TMT approved a final dividend of 20 per cent for FY 02-03.
This would make a total dividend of Rs 7/- per share (70 per cent) including the interim dividend of Rs 5/- per share already paid in the month of May this year, according to an official release.
HTMT, in its presentation to the shareholders, claimed that it has diversified its services to propel its BPO offering to the higher end of the value chain, strengthening its infrastructure and enlarging its geographical foot-print.
HTMT, says the release, has been ranked as the second largest health care BPO Company in India by Business World magazine recently with more than 500 processors working in the insurance claim-processing segment. The company also quotes a Nasscom survey to point out that HTMT is the ninth largest third-party ITES company in the country.
While third-party ITES companies in India had achieved a growth of 28 per cent in terms of revenue in FY 02-03, HTMT has in the same period, achieved a growth of 82 per cent, says the release.
HTMT has taken on lease a building with an area of 80,537 sq ft and a seating capacity of 1400 to meet the growing requirements of its state-of-the-art Offshore Development Center at Bangalore which already has area of 52,000 sq ft and 1,050 seat capacity.
The flagship cable subsidiary of HTMT, Indusind Media and Communications Limited (IMC) will have high intrinsic value on Kudelski S A, Switzerland investing US$ 12 million for 2.41 per cent equity stake at a valuation of US$ 500 million of IMC, says the release.
The Company’s IT turnover and PAT increased from Rs 550 million and Rs 340 million respectively in 2001-02 to Rs 1 billion and Rs 560 million in 2002-03, says the release.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
