industry recruitment predecessor ma foi 1990 sampoorna computer people 2010 founded 2012 as randstad india limited 15 august 1992 as ma foi management consultants headquarters chennai india key people moorthy k. uppaluri ceo viswanath ps cfo products employment agencies hr services owner randstad holding nv website randstad.in randstad is a dutch multinational human resource consulting firm headquartered in diemen netherlands . randstad is the world s second largest hr service provider . it was founded in the netherlands in 1960 by frits goldschmeding and operates in around 40 countries . in 2012 the company achieved a turnover of 17.1 billion . randstad employs around 29 320 of its own staff whilst 580 000 people are deployed in other companies every day through randstad . globally randstad has 4 496branches . randstad india is a division of dutch based randstad holding nv . the inception of ranstad india was in 1992 as ma foi management consultants ltd a chennai based hr service provider which in 2004 merged with the dutch hr provider vedior nv . in 2005 2006 with two back to back acquisitions of indian recruitment companies emmayhr and teams4u randstad stamped its entry in india . randstad holding nv acquired the operations of ma foi through its 2007 acquisition of vedior ; and named its indian operations as ma foi randstad in 2010 . eventually in april 2012 it rebranded as randstad india . randstad is a full spectrum hr services provider for clients worldwide and has been directly involved with careers of over 320 000 individuals . corporate clients include over 250 organizations in fortune 500 list . contents 1 as ma foi management consultants 1992 2010 2 transition to randstad india 2005 till date 3 core activities 4 temporary and contract staffing 5 professionals search and selection 6 hr solutions 7 inhouse services 8 see also 9 references as ma foi management consultants 1992 2010 edit the inception of randstad india was in 1992 as ma foi management consultants ltd a chennai based hr service provider . in 2004 vedior nv a dutch headhunting firm acquired ma foi management consultants ; to develop its business in south east asia and west asia . in 2005 ma foi merged its consulting and outsourcing businesses to form a separate subsidiary ma foi consulting solutions ltd which was acquired by adp inc. in january 2012 . transition to randstad india 2005 till date edit in 2005 2006 with back to back acquisitions of two indian recruitment companies emmayhr and teams4u randstad stamped its entry in india . in december 2007 randstad holding nv acquired the operations of ma foi through its 5.14 billion acquisition of vedior . by 2010 randstad consolidated its indian operations as the ma foi randstad brand by integrating the businesses of emmayhr and teams4u with ma foi . finally in april 2012 randstad india brand replaced ma foi randstad . in february 2015 randstad india converted into a private limited company . in october of that year its sri lankan arm was acquired by quess corp. 1 core activities edit randstad specializes in solutions related to flexible work and human resource services . besides regular staffing services for temporary and permanent jobs as well as temporary and contract staffing of professionals and senior managers randstad also offers specialized hr solutions and supplies dedicated on site personnel management with its inhouse services . randstad describes its mission as taking the lead in shaping the world of work . randstad divides its activities into several business areas which it calls service concepts 1 temporary and contract staffing 2 professionals search & selection 3 hr solutions 4 inhouse services temporary and contract staffing edit temporary and contract staffing and the related recruitment and selection are traditionally randstad s core activities . randstad offers these services through a network of branches in towns and cities in the countries in which it operates . in most of these countries randstad works according to a so called unit structure whereby each unit consists of few consultants who are responsible for service provision to clients and selecting candidates . professionals search and selection edit a separate division of randstad focuses on recruiting supervisors managers professionals interim specialists and advisors . these people are deployed in temporary positions in middle and senior management such as engineers ict specialists or marketing & communication specialists . randstad calls this service concept professionals citation needed . in a number of countries randstad has operating companies that select managers for permanent placements in middle and senior management . this often involves recruitment and training programs . randstad calls this service concept search & selection . hr solutions edit hr solutions include randstad managed services whereby randstad manages a client s flexible personnel requirements . hr solutions also involves a number of services such as selection processes hr consultancy outplacement and career support . inhouse services edit with its inhouse services randstad works on site for just one client . this involves offering a large number of candidates with very specific capacities usually for industry and logistics . randstad is responsible for all personnel matters including recruitment and selection training and planning . see also edit randstad n.v. references edit quess corp signs deal to acquire sri lankan arm of randstad india . the economic times . http economictimes.indiatimes.com jobs quess corp signs deal to acquire sri lankan arm of randstad india articleshow 49540921 . cms retrieved from https en.wikipedia.org w index.php title randstad india & oldid 739030026 categories international management consulting firmshuman resource management consulting firmscompanies established in 1992high tech recruitment companiesexecutive search firmsemployment agencies of indiatemporary employment 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