Essar Group’s Aegis BPO Services has announced that they are now acquiring the AOL’s call centre operations in India.

The two companies did not reveal the financial aspects of this deal which was expected to take place since quite some time.

Aegis added that they would take over the company’s 1200 people strong workforce and integrate them into the tech support segment.

Aegis MD Aparup Sengupta added about this deal: “This gives us clear visibility and expands our line of services.”

HDFC Bank is moving its business process outsouring (BPO) activity to semi-urban areas, and is planning to hire about 2,000 people in the next two months. The move is expected to bring down costs by 50-60%, primarily due to cheaper human resources and real estate cost.

The bank will soon open a 400-seater BPO in Tirupati, the second one after Nellore in Andhra Pradesh, sources close to the development said.

The Mumbai-based bank is expected to have 2,000 people working at the two BPOs by June, sources said.