Hinduja Global Solutions (HGSL), a business process outsourcing company and part of the Hinduja Group, today announced that it had bought UK-based customer relationship management company Careline Services. The financial details of the deal were not disclosed.

The acquisition will act as a launch pad for HGSL to enter the UK and European markets and will also be a platform to cross-sell its global delivery model to Careline’s European clients. Ashok P Hinduja, chairman of Hinduja Group India, recently told Business Standard that the group was looking to acquire BPO units in the UK and the US as part of its plan to deploy idle cash. HGSL had a cash and cash-equivalents of Rs 648 crore as of March 31, 2010, of which Rs 577 crore was with Pacific Horizon, a wholly-owned Mauritian subsidiary.
 
Hinduja had said that the BPO deals were expected to be finalised over the next few weeks. While the BPO outfit in the UK, with which the Hindujas were in talks, had sales of around 25 million pound (around Rs 170 crore), the US company had revenues of $250 million (around Rs 1,000 crore). (more…)

Infosys BPO announced that it has received two awards at SSON’s (Shared Services & Outsourcing Network) 2010 North American Shared Services Excellence Awards.
Infosys BPO along with its clients McClatchy and P&G were adjudged winner and runner-up and respectively under the category ‘Best New Outsourced Services Delivery (under 3 years)’ at the award ceremony held at Orlando, Florida.

SSON’s annual Shared Services Excellence Awards honour, recognize and promote both captive and outsourced shared services that demonstrate winning practices. These awards are the industry’s benchmark in terms of best practice and business excellence. The parameters for selection included strategy, people, culture and change management, innovation, automation, relationship management and customer service, governance and future strategic direction.

Patrick Arlequeeuw, Vice President R&D, Product Supply and Customer Business Development Services for P&G’s Global Business Services commented, “This is a recognition we can be proud of. I know that the participating companies are top-notch in their fields and the selection process is very competitive.” (more…)