TRICOM in strategic partnership with HLDL

Tushar Pawar, Mumbai/Nashik
Business Standard

Tricom Document Management, a 100 percent subsidiary of Tricom India Ltd, has entered into a strategic partnership with Hobs Legal Docs Ltd (HLDL).

Tricom Document Management is a specialist in electronic management solutions while HLDL provides reprographics and technology services to law firms and corporations in the UK, US and mainland Europe.

“This strategic partnership with HLDL will provide Tricom a platform to reach out the law firms and corporations in UK, US and mainland Europe, particularly with regard to the outsourcing of document reviews which can represent 90 percent of the costs in dealing with electronically stored information in an investigative or litigation context,” the company sources said.

In FY 2008-09, Tricom India recorded a 66 percent increase in turnover to Rs 85.26 crore, against Rs 51.24 crore in the previous year (FY 2007-08). Its consolidated net profit stood at Rs 14.14 crore during the period.