Newsmakers: Hewlett-Packard to cut jobs, nod for small finance banks and more - Photos-1
Business Today

Newsmakers: Hewlett-Packard to cut jobs, nod for small finance banks and more

Key business news events for the day
Blackstone buys back BPO business from Serco
Global private equity firm Blackstone has bought back the BPO business (then known as Intelenet) from Britain's Serco Group for 250 million pounds (about Rs 2,558 crore), four years after it exited. In 2011, the PE firm had sold Intelenet to Serco for 250 million pounds or then $383 million.
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