Coforge

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Coforge Ltd.
Traded as
ISININE591G01017
IndustryInformation technology
PredecessorNIIT Technologies
FoundedMay 13, 1992; 31 years ago (1992-05-13)
HeadquartersNoida, India
Area served
Worldwide
Key people
Sudhir Singh
(CEO)[1]
Services
RevenueIncrease US$600 million (2020)[2]
Number of employees
21000+ (2021)[3]
ParentHulst B.V.
Websitewww.coforgetech.com

Coforge is an Indian multinational information technology company based in Noida, India and New Jersey, USA. The company's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol COFORGE.[4][5][6]

History[edit]

The company was founded in 1981 named 'NIIT Ltd.[6] In 2006, the company acquired UK Insurance Solutions Company. In the same year company partnered with Adecco SA.[7]

In Sep 2012, the company launched Crew Wings, an application for Airline Cabin Crew Members.[8]

2012 company acquired Sabre Philippines Development Center.[9]

In 2018, the Company acquired controlling interest in RuleTek; a US-based BPM architecture services company. After the acquisition, Coforge's digital arm Incessant Technologies control 55% of Ruletek.[10][11]

In 2020, NIIT Technologies was re-branded as Coforge.[1][12]

In April 2021, Coforge acquired 60% stake in SLK Global Solutions for Rs 918 crore, after this acquisition Company's new employee strength has risen to 21,000 after inheriting 10,000 of SLK's employee strength.[3]

Awards and honors[edit]

  • Asia's Best Employer Brand Awards 2012[13]
  • NIIT Greater Noida Building certified as LEED platinum rating 2011[14]
  • Asia's Best Employer Brand Awards 2012[13]
  • India's Top 5 best companies to work for as per the report of Great Place To Work® Institute[15]
  • 2016 Aegis Graham Bell Award 8th Edition[16]
  • Asia-Pacific HRM Congress Awards 2017 for innovative HR Practices[17]
  • Benny Awards 2017[18]
  • International Airport Review award for Terminal Operations

CSR[edit]

Coforge has collaborated with NIIT Foundation and launched a CSR initiative “Shiksha”. Coforge has four operational centers impacting the lives of over 5000 underprivileged youth every year by providing various IT Skills and Employability Training. The organization has put its efforts to combat Climate Change by sponsoring the restoration of Neknampur Lake, a 98 acres lake situated in Telangana state.[19]

References[edit]

  1. ↑ 1.0 1.1 "NIIT Technologies rebrands as Coforge - ET BrandEquity". ETBrandEquity.com.
  2. ↑ Tewari, Saumya (24 August 2020). "NIIT Technologies rebranded as Coforge Ltd". mint.
  3. ↑ 3.0 3.1 "Coforge to acquire 60% of SLK Global Solutions for Rs 918 crore". The Economic Times.
  4. ↑ "Coforge Limited". NSEIndia.
  5. ↑ "COFORGE Ltd. BSE India". BSEIndia.
  6. ↑ 6.0 6.1 "Coforge Ltd Stock Price - (2369.60), Coforge Ltd Share Price Live Today, Coforge LtdStock Live BSE/NSE Share Price". Financialexpress.com.
  7. ↑ "NIIT partners with Adecco to provide enhance services". Moneylife NEWS.
  8. ↑ "NIIT Technologies Launches Crew Wings, For Airline Cabin Crew Members - Business News , Firstpost". Firstpost. 5 September 2012.
  9. ↑ "NIIT Technologies acquires Sabre's Philippines Development Center". The Economic Times.
  10. ↑ "NIIT Tech's arm to acquire 55% interest in US firm RuleTek". mint. 2017-05-31.
  11. ↑ "Incessant | RuleTek are now Coforge". www.incessanttechnologies.com.
  12. ↑ "New strategy under a new brand? | CEO Sudhir Singh of Coforge to ET Now". Timesnownews.com.
  13. ↑ 13.0 13.1 "NIIT Technologies shines again at Asia's Best Employer Brand Awards". APN News.
  14. ↑ "NIIT Tech Greater Noida campus awarded LEED Platinum rating". Indiainfoline.com.
  15. ↑ "Top 5 Best Companies to Work for in India among Large Size Organisations in IT-B 2015". Great Place To Work Lists.
  16. ↑ "NIIT Technologies Announced as Winner at the 8th edition of Aegis Graham Bell Awards". Aegis Graham Bell Awards. 23 February 2018.
  17. ↑ "Award Winners - Asia Pacific HRM Congress 2020". Asiapacifichrmcongress.com.
  18. ↑ "World HRD Congress 2021". Worldhrdcongress.com.
  19. ↑ "Coforge Directors Report | Coforge Director Details - The Economic Times". economictimes.indiatimes.com.


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External links[edit]

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