Posts Tagged Aegis
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Aegis an Indian Outsourcing firm buys Sallie Mae back office in TX
Sallie Mae had earlier last year announced that it was pulling 2,000 jobs back to the US. Part of the reason they did that was to continue to be the provider of student loan by the US federal government. Sallie Mae lost the battle against the dep
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Aegis plans Rs 400 crore (US $ 89 million) expansion
SOURCE: EconomicTimes DATE: March 5th, 2010 The Ruias of Essar will invest nearly Rs 400 crore in rolling out the first batch of Aegis campuses in India. The new campuses will be sprawling tech parks housing BPO units, entertainment facilities,
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Etisalat’s India outsources to three Indian BPO firms
DATE: Nov 7th, 2009 Etisalat India signs a 5 year $150 outsourcing deal with Aegis, Tech Mahindra & Conflux. Etisalat had earlier announced an IT outsourcing deal with Tech Mahindra of around $400 million. More..
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Aegis acquires a call centre firm in Africa, continues to expand inorganically
SOURCE: EconomicTimes DATE: July 8th, 2009 Aegis, the BPO arm of the Essar Group, is close to acquiring South Africa-based firm Call Centre Nucleus (CCN) for about Rs 90 crore (ZAR 150 million). This is in line with the Group's intention to expa
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Aegis BPO to add 12,000 employees globally
SOURCE: Business Standard DATE: June 4th, 2009 At a time when the Bangalore versus Buffalo City debate spooks BPO employees in India, Essar Group's backoffice unit Aegis Ltd will augment its workforce by 12,000, summing up the total headcount to 43
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Aegis, an Essar group BPO firm to buy Australian firm UCMS
Date: May 15th, 2009 Aegis communication an Essar group BPO firm has agreed to buy UCMS Group, an Australian outsourcing firm for around $36 million USD. Aegis has continues to grow inorganically and over the past year has acquired AOL support
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Acquiring Outsourcing Companies: Not for the Squeamish
SOURCE: ECT DATE: Feb 24th, 2009 ARTICLE Shrinking client pools, lack of access to credit and competition from offshore destinations are squeezing some business process outsourcing service providers in the United States. With declining revenues co
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Aegis to hire 5000
SOURCE: Business Standard DATE: Oct 31st, 2008 ARTICLE Aegis BPO Services, the business process outsourcing arm of the Essar group, plans to add 1,000 people every month until March 2009 month on its rolls. By the end of the current financial year
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Aegis BPO on prowl, eyes four companies
SOURCE: EconomicTimes DATE: Sept 9th, 2008 ARTICLE The Essar-owned $330-million Aegis BPO is once again on prowl. It plans to buy four BPOs in a year. Aegis has already acquired 11 companies during last four years. “We are in talks with
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Aegis acquires AOL call centers in India
SOURCE: CCFOnline DATE: Sept 1st, 2008 Mohit Soapbox: The march towards selling non core assets in IT/BPO in India continues. Aegis which has acquired a few firms over the last year continues to grow inorganically. Also it seems like the wave fo
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