Serco BPO executives quit to foil CVC Capital Partners dealSPI had made a bid to buy Serco and Parekh wanted to know if the senior management would be willing to work for him.
17 Jun, 2015, 08.01 PM IST
Blackstone drops out of race to buy Serco BPOBlackstone has dropped out of the bidding to buy Serco BPO because it found the price quoted by its British parent too high.
13 Jun, 2015, 04.00 AM IST
Sale of Serco BPO hits pricing stumbling block as PEs drop outSerco BPO, which has about 60,000 employees globally, was put up for sale by Serco Group late last year, to help fill a £1.5 billion hole i...
19 May, 2015, 04.19 AM IST
More woes for Serco’s struggling BPO arm as it posts loss of 23.4 million pounds in 2014Troubles at the parent company, including allegations of fraud committed in government contracts, led Serco Group to put the BPO unit up fo...
13 Mar, 2015, 04.00 AM IST
Private equity investors Carlyle, Apax, Baring enter race for $500m Serco unitThe PE funds have signed initial non-disclosure agreements after Citigroup, mandated by Serco, rolled out a process in recent weeks to sell...
28 Jan, 2015, 11.44 AM IST
Serco appoints Rupert Soames as its global Chief ExecutiveIT services provider Serco Group today said it has appointed Rupert Soames as its Group Chief Executive with effect from June 1, 2014.
28 Feb, 2014, 11.39 PM IST
Serco sees 25% revenue from BPO business, says CEO Christopher R HymanA year after it acquired Intelenet Global Services for about $600 million, UK outsourcing services provider Serco is betting big on busines...
22 Nov, 2012, 06.39 AM IST
- CCI approves merger of SKR BPO and Intelenet with Serco BPO
Fair trade regulator Competition Commission of India has approved the proposed merger of SKR BPO Services and Intelenet Global Services wit...
19 Oct, 2012, 07.44 PM IST
- Serco to expand Agra facility by hiring 850 people
Global services firm Serco today said it will expand its Agra facility by increasing its headcount and creating 850 new positions.
11 Sep, 2012, 06.26 PM IST
- Intelenet Global in talks to buy Excelior
Intelenet Global is in discussions to acquire Excelior, a business process outsourcing firm based out of Australia.
05 Oct, 2011, 05.49 AM IST
- Blackstone sells stake in back office firm Intelenet to UK's Serco Group for around $500 million
The transaction gives Serco, which provides business services in UK & other countries, a presence in back-office services & a sizeable foot...
01 Jun, 2011, 02.41 AM IST
- Serco Group in talks to acquire Blackstone stake in Intelenet
A few months ago, Intelenet had delisted its domestic BPO subsidiary, Sparsh BPO, which had attracted considerable buyer interest.
09 May, 2011, 02.23 AM IST
- Patni Computer wins two major contracts from Codan, Serco Learning
IT major, Patni, today said it has secured two contracts -- a seven-figure, three-year contract from Scandinavia's The Codan Group and anot...
25 Aug, 2010, 02.40 PM IST
‘Government outsourcing yet to come’In a first of its kind, acquisition of an India-focused BPO by a foreign company, the UK-based $6-billion Serco Group bought out Gurgaon ba...
27 Dec, 2008, 12.47 AM IST
- Serco acquires 60% in InfoVision for Rs 98 cr
UK-based services firm Serco Group has acquired a 60% stake in India’s largest local BPO firm InfoVision for about Rs 97.7 crore.
12 Dec, 2008, 01.24 AM IST
- UK's Serco buys InfoVision for $75 mn
The company has bought a 60% stake and will acquire the rest over the next couple of years.
22 Nov, 2008, 01.39 AM IST
- UK’s Serco in talks to buy InfoVision for Rs 250 cr
UK-based $2.6-billion services major Serco Group is in talks to acquire Indian BPO player InfoVision Group.
06 Sep, 2008, 12.09 AM IST