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  • Business

New York firm to buy Chennai BPO for Rs 950 cr

 New York-based REcap Partners-LLC is all set to buy out Chennai-based business process outsourcing firm HOV Services along with its two units operational in Beijing and Hong Kong for around Rs 950......

BPOs cashing in on sub-prime crisis

 The effects of the sub-prime crisis and the resultant slowdown of the US market is evident on the margins of Indian information technology (IT) and IT-enabled Services (ITeS) firms. However, there......

Pune firm in largest-ever BPO buyout

 In the largest acquisition by an Indian business process outsourcing company till date, Pune-based HOV Services has acquired US-based BPO Lason for $148 million (about Rs 660 crore). The leveraged......

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