Company Directory - Hinduja Global Solutions Limited
Company Details - Hinduja Global Solutions Limited
Hinduja Global Solutions Limited
WebsiteHinduja Global Solutions Limited (HGS) provides a range of BPO services tailored to different sectors, improving customer service and operational efficiencies.
CCI Score
CCI Score: Hinduja Global Solutions Limited
-36.82
0.02%
Latest Event
HGS Accused of Rs 2,500 Crore Tax Evasion
Hinduja Global Solutions is accused by India's Income Tax Department of allegedly merging with a loss-making company after selling its profitable healthcare division in a move designed to evade taxes amounting to around Rs 2,500 crore. The investigation, following a nine-month internal review, claims that the merger was solely executed to avoid paying taxes, resulting in a demand under GAAR and additional capital gains demands.
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TOADIE
Hinduja Global Solutions Limited is currently rated as a Toadie.
Latest Events
- SEP252024
Hinduja Global Solutions is accused by India's Income Tax Department of allegedly merging with a loss-making company after selling its profitable healthcare division in a move designed to evade taxes amounting to around Rs 2,500 crore. The investigation, following a nine-month internal review, claims that the merger was solely executed to avoid paying taxes, resulting in a demand under GAAR and additional capital gains demands.
-60
Business Practices and Ethical Responsibility
March 28
The alleged tax evasion through a strategic merger undermines ethical business practices and contributes to a corporate culture that prioritizes profit over lawful and socially responsible behavior. Such practices not only erode public trust but also deprive the state of resources essential for social programs, indirectly feeding authoritarian tendencies.
I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion
- SEP252024
The Indian tax authorities have accused Hinduja Global Solutions of tax evasion worth Rs 2,500 crore. The allegations claim that the company merged with a loss-making firm after divesting a profitable healthcare division to avoid tax liabilities, as outlined in an internal report after a nine‐month investigation.
-70
Business Practices and Ethical Responsibility
March 28
Allegations of tax evasion indicate unethical business practices by exploiting corporate restructuring to avoid paying taxes. Such actions undermine public fiscal responsibilities and can shift tax burdens onto the community, thereby harming public services and marginalized groups. This behavior is contrary to progressive, socially responsible business practices.
- SEP252024
Allegations have emerged that Hinduja Global Solutions engaged in tax avoidance practices totaling approximately Rs 2,700 crore linked to a sale and merger transaction involving its healthcare services business and NXTDigital. The IT department's probe, sparked by an IT survey and GAAR-related concerns, raises ethical questions regarding the company's business practices.
-50
Business Practices and Ethical Responsibility
March 28
The reported allegations indicate potential unethical behavior in tax avoidance, undermining public trust and corporate responsibility. Such actions can negatively affect public revenue, thereby weakening financial support for progressive social services and community wellbeing.
Hinduja Group company in ₹2,700-crore tax dispute, firm denies getting any notice
- SEP242024
Hinduja Global Solutions (HGS) has been charged with tax evasion amounting to approximately Rs 2,500 crore. The allegation centers on a merger with a loss-making entity following the divestiture of its profitable healthcare business, which was purportedly executed to avoid tax liabilities.
-70
Business Practices and Ethical Responsibility
March 28
The tax evasion allegations against HGS highlight unethical business practices. By allegedly merging with a loss-making entity to avoid taxes after selling a profitable business segment, HGS is accused of deliberate financial manipulation that undermines state fiscal resources and erodes public accountability. Such practices can contribute to systemic inequality which, in turn, indirectly feeds authoritarian tendencies by weakening social investment.
- DEC022023
Hinduja Global Solutions confirmed that during an Income Tax Department survey conducted from November 28 to December 2, 2023, the company provided full cooperation and delivered all requisite information, as stated in a BSE filing.
+20
Public and Political Behavior
March 28
The company’s proactive cooperation with government officials during a tax department survey demonstrates transparency and accountability in its public and political behavior. Such full compliance reinforces trust in regulatory oversight.
+15
Business Practices and Ethical Responsibility
March 28
By voluntarily providing complete data during the regulatory inquiry, HGS demonstrates ethical business practices and a commitment to transparency and accountability, which are critical components of responsible business conduct.
- NOV012023
The Income Tax Department has launched an investigation into alleged ₹2,700 crore tax evasion linked to the sale of HGS’s healthcare services business and its subsequent merger with NXTDigital. The probe, which stems from evidence gathered during an IT survey in November 2023, focuses on potential tax avoidance related to capital gains and GAAR liabilities. HGS maintains that all procedures were compliant with tax laws and provided the necessary documentation.
-60
Business Practices and Ethical Responsibility
March 28
The investigation into alleged tax evasion reflects unethical business practices that undermine transparency and proper fiscal responsibility. Avoiding tax liabilities not only violates ethical standards but also erodes public trust and diminishes resources essential for social and community development, thereby indirectly supporting broader authoritarian structures by weakening state functions.
Mumbai: I-T Department Probes Hinduja Group For Alleged ₹2,700 Crore Tax Evasion
- OCT102023
Strike action by PCS union members in Liverpool highlights issues with low pay and refusal to improve working conditions at Hinduja Global Solutions. The company's reluctance to provide fair wages despite record profits raises questions about its commitment to labor rights and ethical business practices.
-70
Labor Relations and Human Rights Practices
March 18
The article details a strike by PCS union members protesting low pay and poor conditions for workers at Hinduja Global Solutions. Despite the company's strong profitability, it is failing to meet basic labor standards by refusing to improve minimum legal pay and conditions. This neglect of fair labor practices reflects a problematic business approach that undermines worker rights and contributes to broader oppressive economic structures.
Hinduja Global Services: End low pay for Liverpool's outsourced Home Office staff
- MAR012023
HGS outlined its commitment to eradicating modern slavery and human trafficking from its supply chains and business operations. The statement demonstrates a proactive stance toward protecting labor rights and ensuring ethical supply chain management.
+70
Labor Relations and Human Rights Practices
March 18
HGS's modern slavery statement emphasizes its commitment to ensuring that no labor exploitation or human trafficking occurs within its operations. This proactive measure supports strong labor relations and the protection of human rights, aligning with progressive anti-authoritarian values.
+70
Supply Chain Ethics
March 18
The statement specifically addresses the risks of modern slavery in supply chains, indicating that HGS actively monitors and mitigates unethical practices in sourcing and operational activities. This commitment enhances corporate accountability and aligns with ethical supply chain management.
- NOV292022
Employees at Hinduja Global Solutions have threatened indefinite industrial action over inadequate wages, poor working conditions, and lack of job security, reflecting severe labor rights issues.
-70
Labor Relations and Human Rights Practices
March 18
The industrial action threatened by HGS's back-office staff highlights critical labor rights issues. Employees, organized under the PCS union, have unanimously rejected minimal pay increases amidst rising living costs, poor working conditions, and inadequate benefits. This disregard for worker welfare reflects negatively on the company's labor relations and human rights practices, contributing to a significant negative impact on its ethical responsibility.
DBS back-office staff threaten 'indefinite' industrial action
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