Birla outsourcing buys Canada’s largest back office provider Minacs Worldwide for $125 million
Media Release
Jun. 25, 2006

Transworks, the business process outsourcing arm of the Aditya Vikram Birla Group, on Saturday said it will buy out Canada’s largest back office provider Minacs Worldwide for $125 million, catapulting the acquirer to the top three Indian BPO firms from its current 15th position.

Birla outsourcing buys Canada’s largest back office provider Minacs Worldwide for $125 million
Media Release
Transworks, the business process outsourcing arm of the Aditya Vikram Birla Group, on Saturday said it will buy out Canada’s largest back office provider Minacs Worldwide for $125 million...
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Indian companies are helping to revive US firms facing financial problems : Commerce Minister Kamal Nath
Media Release
American public should be educated about the role played by Indian companies in creating thousands of jobs ....
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Reserve Bank of India’s provisional data released on Friday shows FDI in India has peaked at $7.21 billion
Media Release
While this is definitely about a billion dollar less, the RBI June bulletin shows that it is India’s highest-ever FDI inflow.
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No serious efforts are being made in India so far to build real large SEZs : Morgan Stanley
Media Release
Ever since the new SEZ policy was approved in February this year, the government has already recieved above 100 applications to set up SEZs, but no serious efforts are being made so far ...
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EDS today announced that it has completed the acquisition of majority stake in MphasiS BFL by acquiring 83 million shares
Media Release
EDS today announced that it has completed the acquisition of majority stake in MphasiS BFL by acquiring 83 million shares (approximately 52%) for approximately $380 million in cash.
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With aim is to capture 20 per cent of the PC and notebook market by 2010, Japanese IT major Fujitsu targets major expansion in India
Media Release
Aiming to be among the top five companies in the personal computer and laptop market in India by 2010, Japanese IT major Fujitsu on Wednesday said it had plans to capture about 20 per cent of the market in another four years time.
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Hyderabad-based Dr Reddys Laboratories launched the generic version of Merck & Co's prostate cancer drug Proscar in the US market after the expiry of its patent
Media Release
As per our agreement with Merck, we have the permission to launch our version of the drug in the US if a 180-day marketing exclusivity period was granted to any other company : DRL spokesperson said from Hyderabad.
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US-based business and technology solutions provider AgreeYa Solutions will invest US$15 million in the country over the next three years and is looking out for major acquisitions
Media Release
Chalking out its expansion plans in India, US-based business and technology solutions provider AgreeYa Solutions On Tuesday said it will invest US$15 million in the country over the next three years and is looking out for major acquisitions.
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India seeks foreign investments in manufacturing sector
Media Release
India on Tuesday asked foreign entreprenuers to take advantage of the investor-friendly atmosphere in the country and said it was the right time to pump money in the country, especially in its manufacturing sector.
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