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Business Today

Genpact grew 24 per cent and earned a revenue of Rs 5,680 crore, followed by the BPO arm of Tata Consultancy Services (TCS) which grew 25 per cent with revenue of Rs 3,928 crore.

About 78.1 per cent of Genpact's revenues for Q2 FY'11 came from business process management services, compared to 85.9 per cent for the second quarter of 2010.
BPO major WNS Holdings on Thursday posted a profit of $0.7 million in the first quarter of FY12 as against a loss of $5.8 million in the same quarter last year.
This has led to better employment opportunities for young US lawyers, who face a scenario of low fees and little practice post the economic slowdown.
According to global research group Gartner, the domestic BPO market would reach $1.69 billion next year and increase to $2.47 billion by 2014.
Growth of rural BPOs is helping firms deliver services at lower cost and generate jobs in villages, noted a recent survey by Nasscom.
On-Line Support Inc is a leading contact centre provider servicing marquee customers across verticals such as media, telecom, technology and BFSI.
Outsourcing giant Genpact on Wednesday said it will acquire consulting and IT services firm Headstrong Corporation for a cash consideration of $ 550 million.
Intelenet will provide account payable services pan-India for all the 22 circles of Tata Teleservices from its existing delivery centres.