Synechron to hire up to 2,000 professionals to boost India plans

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New Delhi, May 17 | Digital transformation consulting firm Synechron on Monday announced plans to hire up to 2,000 professionals to specifically boost its India operations in Pune, Bengaluru, Hyderabad, Mumbai and Chennai.

Additionally, the company said it will look at fulfilling open positions across the US, Europe, Middle East and the APAC regions.

“We are witnessing huge growth in India this year specifically in digital transformation initiatives across various BFSI clients. Although our focus is to hire people with strong domain knowledge, we will still be looking at dedicated professionals in the range of 4 to 10 years of relevant experience,” informed Hareesha Pattaje, Managing Director and Delivery Head India, Synechron.

The key skills the company is currently looking at include Java full stack, angular/react, Cloud and DevOps, data engineers, UI/UX specialists, automation engineers, agile coaches and business analysts.

“We are also leveraging our internal talent, who are frequently cross-skilling and upskilling themselves, to be placed in appropriate roles,” Pattaje added.

Synechron recently made two back-to-back acquisitions over a short span of six months. The first acquisition was Citihub Digital, a technology consulting firm for the financial services industry, and the other was Attra, an Australia-based technology services and solutions provider focused on the banking, finance and payments industries.

“Synechron has always been proactive with solutions to cater to our global clients, who are looking strongly at digital transformation to enable their end customers to transact more effectively and intelligently,” said Faisal Husain, Co-founder and CEO, Synechron.

The company, which saw its global operating locations increasing to 22 in 2021 from 18 in 2020 with over 10,000 employees producing over $650 million in annual revenue, is seeking to hire talented professionals across levels.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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