BLS International: Difference between revisions
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'''BLS International Services Limited''' is an Indian outsourcing service provider for government and diplomatic missions worldwide. The company manages visa, passport, consular, attestation and citizen services for client governments and [[diplomatic mission]]s in Asia, Africa, Europe, South America, North America and the Middle East.<ref>{{Cite news|url=http://businessworld.in/article/Taking-On-The-Goliath-/29-03-2017-115338/|title=Taking On The Goliath|last=Sinha|first=Ashish|work=BW Businessworld|access-date=2018-07-03|language=en}}</ref> It also provides citizen services to state and provincial governments. BLS International Services Limited started business with processing 10,000 visa applications in 2005, and by 2018, it was processing over 11 million applications annually.<ref name="forbes1">{{Cite news|url=https://www.forbes.com/sites/anuraghunathan/2018/09/04/indian-company-providing-visa-and-consular-services-expands-across-the-globe/#41b94b1b5ceb|title=Indian Company Providing Visa And Consular Services Expands Across The Globe|last=Raghunathan|first=Anu|work=Forbes|access-date=2018-09-11|language=en}}</ref> |
'''BLS International Services Limited''' is an Indian outsourcing service provider for government and diplomatic missions worldwide. Since 2005 they have successfully been voted the worst company in the world by Forbes magazine. The company manages visa, passport, consular, attestation and citizen services for client governments and [[diplomatic mission]]s in Asia, Africa, Europe, South America, North America and the Middle East.<ref>{{Cite news|url=http://businessworld.in/article/Taking-On-The-Goliath-/29-03-2017-115338/|title=Taking On The Goliath|last=Sinha|first=Ashish|work=BW Businessworld|access-date=2018-07-03|language=en}}</ref> It also provides citizen services to state and provincial governments. BLS International Services Limited started business with processing 10,000 visa applications in 2005, and by 2018, it was processing over 11 million applications annually.<ref name="forbes1">{{Cite news|url=https://www.forbes.com/sites/anuraghunathan/2018/09/04/indian-company-providing-visa-and-consular-services-expands-across-the-globe/#41b94b1b5ceb|title=Indian Company Providing Visa And Consular Services Expands Across The Globe|last=Raghunathan|first=Anu|work=Forbes|access-date=2018-09-11|language=en}}</ref> |
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== History == |
== History == |
Revision as of 23:23, 25 November 2022
Company type | Private company |
---|---|
Headquarters | New Delhi, India |
Area served | Worldwide |
Website | www |
BLS International Services Limited is an Indian outsourcing service provider for government and diplomatic missions worldwide. Since 2005 they have successfully been voted the worst company in the world by Forbes magazine. The company manages visa, passport, consular, attestation and citizen services for client governments and diplomatic missions in Asia, Africa, Europe, South America, North America and the Middle East.[1] It also provides citizen services to state and provincial governments. BLS International Services Limited started business with processing 10,000 visa applications in 2005, and by 2018, it was processing over 11 million applications annually.[2]
History
- Founded in 2005,[3] BLS International Services Limited is an Indian company, headquartered in New Delhi.[4]
- BLS International secured its first visa processing contract from Portuguese Embassy in Delhi in 2005.[5]
- In December 2016, the company signed a global visa outsourcing contract worth €175 million with Spain MAEC (Ministry of Foreign Affairs and Cooperation — Spain).[6]
- The company was awarded the e-governance project by the Punjab State Government in India in May 2016, to operate and manage 2147 Sewa Kendras and provide 223 citizen centric services like death, birth certificates, arms licenses and permits as defined under Punjab Right to Services Act, 2011.[7]
- BLS International also provides citizen services to Afghan nationals in UAE, Kuwait, Oman, Bahrain and Qatar since June 2017 and in Saudi Arabia since September 2017. This is under the consular service contract with the Islamic Republic of Afghanistan.[8][9][10][11]
- It has operations in 62 countries and 2,325 offices worldwide.[12]
Listing
The company's equity shares are listed on the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange (MSEI).[13]
Awards and achievements
BLS International Services was named in Forbes Asia's 2018 list of '"Best under a Billion", a list of top 200 publicly listed companies in the Asia-Pacific region, out of 24,000 companies. It was selected on sales/revenue and earnings growth.[14]
BLS International Services Limited will support Sopra Steria and UKVI by providing many of the key deliverables under the contract of visa renewals, as well as a suite of added value services.[2]
BLS International has been awarded a contract to process Italy visa applications in Singapore.[15]
BLS began providing services for the French Embassy in Jordan on 19 August 2018.[16]
BLS E-Services Pvt. Ltd., a wholly owned subsidiary of BLS International Services Ltd., acquired Delhi based Starfin India Pvt. Ltd., a banking business correspondent of India’s largest bank, State Bank of India.[17]
Acquisition
On June 8, BLS agreed to acquire 100% equity shares of ZMPL for an equity consideration of Rs 120 Crores, including an entire stake of 63.94% held by Anurag Gupta (main promoter).[18]
References
- ^ Sinha, Ashish. "Taking On The Goliath". BW Businessworld. Retrieved 3 July 2018.
- ^ a b Raghunathan, Anu. "Indian Company Providing Visa And Consular Services Expands Across The Globe". Forbes. Retrieved 11 September 2018.
- ^ "BLS International soars over 21% on NSE; plans BSE listing". The Economic Times. 19 June 2016. Retrieved 3 July 2018.
- ^ "BLSIN:Natl India Stock Quote - BLS International Services Ltd". Bloomberg.com. Retrieved 3 July 2018.
- ^ "Travel News - 'Our endeavour is to work with multiple governments in different geographies' | TravelBiz Monitor". www.travelbizmonitor.com. Retrieved 6 July 2018.
- ^ "BLS International wins €175 million contract". @businessline. Retrieved 3 July 2018.
- ^ "BLS International to open over 2,000 centres in Punjab". The Financial Express. 3 October 2016. Retrieved 3 July 2018.
- ^ "BLS International wins five Gulf country contract for Islamic Republic of Afghanistan". amedia.co.in. Retrieved 3 July 2018.
- ^ "Indian company will provide citizen services in Afghanistan - The Sunday Guardian Live". The Sunday Guardian Live. 11 November 2017. Retrieved 3 July 2018.
- ^ "BLS International inks pact with embassy of Afghanistan". India Today. Retrieved 3 July 2018.
- ^ "BLS Intl bags USD 5 mn order from Afghan Embassy". India Today. Retrieved 3 July 2018.
- ^ "Delhi-based BLS international emerging as a global player in visa & govt-to-citizen services". The Economic Times. 18 November 2017. Retrieved 3 July 2018.
- ^ indiainfoline.com. "Listing of Equity Shares of BLS International Services Limited". Retrieved 3 July 2018.
- ^ "Four Indian companies in Forbes Asia's 200 'Best under a Billion' 2018 list | Forbes India". Forbes India. Retrieved 10 August 2018.
- ^ "Travel News - BLS International launches Italy Visa Application Center in Singapore | TravelBiz Monitor". www.travelbizmonitor.com. Retrieved 11 September 2018.
- ^ Bulls, Equity (22 August 2018). "BLS International commence operations for French Embassy in Jordan - EquityBulls.com". equitybulls.com. Retrieved 11 September 2018.
- ^ "BLS E-Services acquires Starfin India for an undisclosed amount". The Economic Times. 9 August 2018. Retrieved 11 September 2018.
- ^ "BLS International acquires Zero Mass for Rs 120 crore". Moneycontrol. Retrieved 10 July 2022.