The Indian IT-BPO industry has got back its swagger, with a growth outlook to match the confident stride

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Emerging from the shadows

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Aditya Birla Minacs, a global business solutions company, has acquired UK based Compass BPO, a pure-play end-to-end Finance and Accounting (F&A) services provider.

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Aditya Birla Minacs acquires UK based Compass BPO

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Several small and midsize BPO firms grappling with shrinking margins, have mandated banks to look for buyers.

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Midsize BPOs with shrinking margins, look for buyers

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Aditya Birla Minacs, the BPO firm which is a part of the AV Birla Group, has acquired the Bangalore based technology solutions provider Radifinity.

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AB Minacs buys tech solutions firm Radifinity

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WNS (Holdings), a provider of global business process outsourcing (BPO) services, announced that its Board of Directors has appointed Keshav Murugesh to the position of Chief Executive Officer and elected him to the Board.

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WNS appoints Keshav Murugesh CEO

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Xerox completed its acquisition of Affiliated Computer Services (ACS), a diversified business process outsourcing (BPO) firm.

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Xerox acquires Affiliated Computer Services

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In order to keep pace with its sales growth of 14-17 percent this year, BPO firm Genpact is planning to go on a global hiring spree to recruit 10,000 people.

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Genpact to recruit 10,000 worldwide

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Growing at 5.5 percent and sticking to the earlier guidance of 4-7 percent growth, Indian software services and BPO export revenue is estimated to touch $50 billion in value in 2009-10.

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IT-BPO exports to reach $50 Billion in FY’10

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The outsourcing vendors make another run at the BPO market by adding a standard software “platform” underpinning the BPO offering.

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BPO 2.0 arriving: Forrester

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UST Global, an IT and BPO services firm inaugurated its new Manila offshore development center today, attended by Her Excellency Gloria Macapagal-Arroyo, President of the Republic of Philippines.

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UST Global inaugrates new Manila center

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