Monday, November 08, 2004

GE to sell 60 percent of Indian BPO operation

This is an interesting article. 60% of GE BPO operations will be sold for a tune of $500 million !!
By selling off a part of the equity in Indian software and BPO subsidiaries, multinational companies aim to cash in on investments and pass on the management to others, without losing access to the services captive operations in India provided

http://www.infoworld.com/article/04/11/08/HNgesellsbpo_1.html

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