Rupee depreciation benefit to play out in Q3: Firstsource

Firstsource Solutions' policy of hedging is on a rolling 12-18 month basis, so the benefit of rupee depreciation will start to accrue from Q3 onwards, extending into a good part of the next year.

Firstsource confident of repaying $180m debt over next 4yrs

Rajesh Subramaniam, MD & CEO, Firstsource speaks on the company's debt repayment plans.

BPO foray complements core-biz; retail IPO expected: CESC

Sanjiv Goenka, vice-chairman, CESC explains to CNBC-TV18 that investors' concerns about the company's foray into the BPO and retail sectors complement the company's core-business of power generation.

CESC to acquire 49.5% equity in FirstSource: Sanjiv Goenka

Sanjiv Goenka of CESC told CNBC-TV18 the company will acquire 49.5% equity in FirstSource Solutions for Rs 280 crore.CESC is scheduled to buy 5% each from three FirstSource shareholders including ICICI, Temasek and Fidelity. Thereafter, CESC would provide an open offer at Rs 12.10 per share.

Worst of financial performance is behind us: Firstsource

There has been a change of guard at Firstsource. In an interview to CNBC-TV18, Rajesh Subramaniam, managing director and chief executive officer of Firstsource says, the worst of the financial performance is behind the company.