Latest News

Septmber Important News in the industry

Source :-

  • Infosys plans for $750 million acquisition in BPO space
    Infosys looking forward to achieve another milestone; the Indian IT giant Infosys is planning to acquire Thomson Reuters.


  • 11,000 BPO Jobs planned in South Africa

    South Africa, one of the fastest developing nations in the world has today become the favorite destinations for outsourcers. It is in the past two years the country has achieved many milestones particularly in the Information Technology (IT) and Business Process Outsourcing (BPO) sector. Today global companies are finding it more comfortable to continue operations from South Africa. The country was also ranked among the top three suitable destinations for the outsourcers by a research firms recently.

    Some news from other sites.

    • BPOs dial local numbers as West faces trouble

      With their mainstay international markets in shambles, domestic business process outsourcing, or BPO, firms are focusing on servicing clients within India where new opportunities such as from the government are coming up.

    • Genpact To Acquire US-Based EmPower Research

      India’s largest business process and technology management company Genpact has signed a definitive agreement to acquire US-based media and business research EmPower Research for an undisclosed sum, the company has said in a statement.

    • Firstsource plans to sell US-based MedAssist

      Mumbai-based business process outsourcing firm Firstsource plans to sell US-based MedAssist, a health care business it acquired in 2007. Firstsource had paid $330 million for the acquisition.

      Two sources close to the development say the MedAssist sale is on the agenda as the management has been thinking of getting cash to invest in other growth activities. Firstsource had raised $275 million by issuing foreign currency convertible bonds (FCCBs) in 2008. When contacted, the company said: “Firstsource does not comment on market rumours.”