- Firstsource board to consider fresh equity issue and part sale by investors to Sanjiv Goenka group
The board of BPO provider Firstsource Solutions is expected to meet on Thursday evening to consider a fresh issue of shares and a part sale...
25 Oct, 2012, 04.34 PM IST
Why BPO firm EXL is growing faster & performing better than peersA conservative approach to buyouts is helping the BPO firm grow faster & perform better than some peers.
06 Jun, 2011, 09.10 PM IST
- US healthcare bill's tough pill to swallow for IT cos
Indian IT cos eyeing multi-billion opportunity from US healthcare reforms bill may find that healthcare is a tough market. Facts on IT indu...
07 Jun, 2010, 08.37 PM IST
- Firstsource recasts operations; goes in for decentralisation
BPO Firstsource Solutions has joined other firms such as Avesthagen and Bharti which have already announced or are set to announce a rejig ...
25 Mar, 2009, 01.14 AM IST
- Firstsource sees 150-200 bps rise in operating margins
Back-office firm Firstsource Solutions Ltd sees a 150-200 basis points rise in operating margins in next few quarters on higher productivit...
30 Jul, 2008, 06.53 PM IST
- Cbay buys Philips’ 70% in MedQuist for $287 mn
Lehman Brothers & SAC to part-finance the deal, buy 57.8% in Cbay For $123 mn.
23 May, 2008, 12.34 AM IST
- IT, BPOs bought 94 firms worth $2 b in '07: Nasscom
The IT sector is having a party on deal street. Domestic IT and BPO companies were involved in as many as 94 deals, largely cross-border in...
10 Mar, 2008, 12.10 AM IST
- Genpact beats Firstsource to bag Citi BPO for $630 mn
The transaction is the first such sale of a large BPO and sets the precedent for other captive managements that were closely following the ...
26 Oct, 2007, 09.20 AM IST
- Citi asks Genpact to match Firstsource bid
Genpact bid $100 mn less than Firstsource’s bid. Citigroup is keen on a larger player among the two - Genpact - despite Firstsource offerin...
11 Oct, 2007, 08.10 AM IST
- Citigroup PE in race for group BPO subsidiary
Private equity player Citigroup Venture Capital (CVC) is learnt to have entered the race for buying Citigroup’s BPO arm - Citigroup Global ...
24 Sep, 2007, 03.04 AM IST
- Genpact leads pack in race for Citi BPO
An end to the long search for Citigroup BPO’s buyer finally seems to be in sight. Genpact is said to be ahead in the race for the BPO.
18 Sep, 2007, 03.01 AM IST
- PE deals hit record $10.8 bn in 8 months
With the PE industry on fire the total value of equity deals involving Indian companies is now nudging the $60 bn mark. Stocks to watch
17 Sep, 2007, 11.49 AM IST
- EXL eyes local clients
Nasdaq-Listed Exl Services is entering the domestic business process outsourcing market.
04 Sep, 2007, 04.37 AM IST
- Firstsource Solutions buys MedAssist for $330 mn
In the 2nd largest takeover of an overseas BPO firm by an Indian firm, Firstsource Solutions announced the acquisition of US-based MedAssis...
30 Aug, 2007, 12.15 AM IST
- Firstsource Solutions soars on US acquisition
Firstsource Solutions' stock soared 9.90 per cent to Rs 79.40 after it decided to acquire US-based MedAssist Holding Inc.
29 Aug, 2007, 05.32 PM IST
- Firstsource acquires US-based MedAssist for $330 mn
Firstsource Solutions has acquired US-based MedAssist Holding for $330 million.
29 Aug, 2007, 10.35 AM IST
- Genpact, 2 others in final lap for Citi BPO
The sale of Citigroup’s captive BPO in the country is a few steps closer to being concluded.
25 Aug, 2007, 12.00 AM IST