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GENPACT LIMITED - G STOCK NEWS

Welcome to our dedicated page for GENPACT news (Ticker: G), a resource for investors and traders seeking the latest updates and insights on GENPACT stock.

Genpact Limited (NYSE: G) is a global professional services firm known for its commitment to delivering transformative business outcomes that shape the future. Established as a spin-off from General Electric in 1998, Genpact leverages its deep industry and functional expertise to provide innovative solutions across a range of sectors including banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing, healthcare, and high-tech.

With over 125,000 employees operating in more than 30 countries, Genpact prides itself on its ability to combine process expertise, technology capabilities, and industry knowledge to help clients achieve significant growth, cost efficiency, and business agility. The company’s proprietary digital business platform, Genpact Cora, integrates advanced technologies such as AI and analytics to streamline operations, enhance decision-making, and drive intelligent operations.

Genpact’s impressive client roster includes more than one-fourth of the Fortune Global 500, reflecting its reputation as a trusted partner for large-scale digital transformation projects. The firm’s dedication to operational excellence has led to collaborations with leading technology platforms like Salesforce, Microsoft, and other industry giants. Recent partnerships include a multi-year engagement with Advantage Solutions to implement industry-leading platforms and a strategic collaboration with Tropicana Brands Group to transform global business services and supply chain operations.

Financially, Genpact has demonstrated consistent growth. For the fiscal year ending December 31, 2023, the company reported annual revenue of $4.5 billion, showing a 2% year-over-year increase despite macroeconomic challenges. The company continues to invest in new technologies and innovative strategies to maintain its competitive edge. In May 2024, Genpact announced a $400 million notes offering intended for general corporate purposes, including the repayment of existing debt, which underscores its strong financial management and strategic foresight.

Genpact’s leadership in the industry is further evidenced by its recognition in various assessments, including Everest Group’s PEAK Matrix® Assessment for financial crime and compliance, where it was named a Leader for the fourth consecutive year. This accolade highlights Genpact’s comprehensive capabilities in areas such as anti-money laundering, fraud management, and risk compliance.

Committed to creating a positive impact, Genpact operates with a purpose-driven approach, aiming to build a world that works better for people. This ethos is reflected in every aspect of the company's operations, from its innovative solutions and strategic partnerships to its sustainable business practices.

News
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Genpact (NYSE: G) announces CEO succession plan, Tiger Tyagarajan to retire, BK Kalra to assume CEO role. The company's Board has appointed Balkrishan 'BK' Kalra, Genpact's Global Business Leader, Financial Services and Consumer & Healthcare, as Genpact's next CEO. Kalra will join the company's Board on February 9, 2024. Tyagarajan will continue as a member of the Board of Directors. The announcement comes alongside the Q3 2023 financial results.
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Genpact Limited (NYSE: G) reported total revenue of $1.14 billion, up 2% year-over-year, with Digital Operations services revenue of $636 million, up 6%, and Data-Tech-AI services revenue of $500 million, down 2%. Diluted EPS was $0.64, up 25%, and Adjusted Diluted EPS of $0.76, up 1%. The company announced a CEO succession plan and expects total revenue of approximately $4.45 billion for the full year 2023.
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Kinaxis (KXS) empowers Confluent Medical, a leading medical technology company, to streamline its end-to-end supply chain, resulting in significant improvements and increased efficiency. With the help of Genpact, Kinaxis® was deployed in August 2023, providing increased visibility and the ability to react quickly to changes in the supply chain. Confluent Medical specializes in the design, development, and manufacturing of catheter-based devices and Nitinol components, and has seen a demand peak that nearly doubled, which was quickly addressed with the help of Kinaxis. The partnership has resulted in a fast and efficient deployment, with plans for further expansion already underway.
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Genpact (NYSE: G) has achieved the highest ranking in the inaugural 2023 HFS Generative Enterprise Services Horizon report, recognizing the company's AI-first approach and ability to leverage advanced technology to support clients in solving complex business challenges.
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Rightpoint, a global experience leader and Genpact company, supported HUB International in winning the Judges' Choice Winner for the Americas Region in the 2023 Sitecore Experience Awards. HUB International's project, 'Revolutionizing Efficiency and Technology Advancements with VIU by HUB and Sitecore,' implemented by Rightpoint, resulted in a 500% increase in operational efficiencies and improved content consistency by 25% across various channels.
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Genpact Limited (NYSE: G) declares a cash dividend of $0.1375 per common share for Q4 2023, payable on December 22, 2023.
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Genpact included in Avtar and Seramount's 100 Best Companies for Women in India list and recognized as an Exemplar of Inclusion in the Most Inclusive Companies Index for the second consecutive year.
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Genpact earns Impact Award for advancing workplace mental health
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Genpact (NYSE: G) will announce Q3 2023 results on November 8, 2023. A conference call will be held at 4:30 p.m. ET. Webcast and replay available on Genpact's investor relations website.
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Rightpoint to bring insights on holistic employee experiences to the Ragan Internal Communications Conference. Topics include transforming intranets, leveraging innovative solutions, and enhancing overall employee experience. Rightpoint received the 2023 Microsoft US Partner of the Year Award for Modern Work: Employee Experience.
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FAQ

What is the current stock price of GENPACT (G)?

The current stock price of GENPACT (G) is $42.19 as of December 20, 2024.

What is the market cap of GENPACT (G)?

The market cap of GENPACT (G) is approximately 7.5B.

What does Genpact Limited do?

Genpact Limited provides professional services and digital transformation solutions across various industries, leveraging advanced technologies like AI and analytics.

How many employees does Genpact have?

Genpact has over 125,000 employees operating in more than 30 countries.

What are some recent achievements of Genpact?

Recent achievements include strategic partnerships with Advantage Solutions and Tropicana Brands Group, and recognition as a Leader in Everest Group’s PEAK Matrix® Assessment for financial crime and compliance.

What is Genpact Cora?

Genpact Cora is the company's digital business platform that integrates AI and analytics to streamline operations and enhance decision-making.

Who are some of Genpact’s clients?

Genpact's clients include more than one-fourth of the Fortune Global 500, covering sectors such as banking, insurance, healthcare, and consumer goods.

What are Genpact’s financial highlights for 2023?

For the fiscal year ending December 31, 2023, Genpact reported annual revenue of $4.5 billion, a 2% increase year-over-year.

Where is Genpact headquartered?

Genpact’s corporate office is located in New York City, with key management spread across various global locations.

What is the purpose of Genpact’s recent $400 million notes offering?

The $400 million notes offering is intended for general corporate purposes, including the repayment of existing debt.

What industries does Genpact serve?

Genpact serves industries including banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing, healthcare, and high-tech.

What recognition has Genpact received for its services?

Genpact has been recognized as a Leader in Everest Group’s PEAK Matrix® Assessment for financial crime and compliance for the fourth consecutive year.

GENPACT LIMITED

NYSE:G

G Rankings

G Stock Data

7.46B
161.76M
1.06%
102.98%
3.37%
Information Technology Services
Services-management Consulting Services
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United States of America
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