corporate information

milestones

2010
• Origin HR and Randstad Staffing in the UK have been ranked in the 'Top 100 Best Companies to Work for’. Randstad Mexico has received a seal of approval by CEMEFI as one of the leading companies in CSR.
• Randstad has been ranked silver on the Dow Jones Sustainability Indexes for the sixth consecutive year. These indexes track the financial performance of sustainability-driven companies worldwide.
• Minvesta Infotech Limited has been accredited for its payroll software by Her Majesty’s Revenue and Customs (HRMC) in the UK.

2009
• EmmayHR integrates with Ma Foi.
• M-Payroll -Software from Minvesta wins Accreditation from HMRC, UK.

2008
• Ma Foi becomes a part of Randstad, the 2nd largest HR Company in the world.
• takes over the management responsibilities of Team4U, a staffing company that focuses on mass customization business.
• Ma Foi wins the Asia Pacific Quality Award.

2007
• Ma Foi wins the prestigious certificate for 'Strong Commitment to Excellence' from CII-EXIM Business Excellence Award.
• geographic expansion continues as we enter markets in China, Thailand and Hong Kong.

2006
• strategic diversification into IT,  through a wholly owned subsidiary - Minvesta Infotech Ltd.
• Ma Foi Academy merges with Staffing Solutions Business.

2005
• merger of consulting & outsourcing businesses to form a separate subsidiary - Ma Foi Consulting Solutions Ltd.
• spin-off of the executive search Business - Ma Foi Global Search Services Ltd. is launched.

2004
• Ma Foi becomes a part of Vedior - World's largest specialist staffing major.
• launch of Ma Foi Academy - the career training business of Ma Foi.
• deputee strength hits 10000. Ma Foi emerges as the leader in flexi staffing business in India.
• release of first Ma Foi Employment Trends Survey (MEtS).

2003
• further expansion within India through Franchisee network.

2002
• flexi staff grows over 5000.

2001
• foray into the international market.

2000
• ISO Certification.

1998
• expansion of service portfolio to HR outsourcing.
• executive Search emerges as a separate business unit.
• first Bonus Issue.

1996
• crosses a turnover of INR 0.1 Billion. Expansion to multiple locations within India by setting up offices.

1994
• transition from Private Limited to Public Limited company.

1992
• inception of Ma Foi with a starting capital of INR 60,000 and a big dream to grow into a world class HR service provider.