deal

E*Trade exit Investsmart, HSBC joins in

17 may 2008

E*Trade exit Investsmart, HSBC joins in
Marking its entry into the lucrative broking space of the Indian market, HSBC , through its subsidiary HSBC Securities and Capital Markets (India) is buying out 73.21% stake in broking and investment banking firm, IL&FS Investsmart for around Rs.1000 crore at Rs.200 per share.

Finally, Genpact bags Citigroup’s captive BPO

25 oct 2007

Finally, Genpact bags Citigroup’s captive BPO
After much negotiations and rumours, it has been unofficialy confirmed that India’s top BPO, Genpact has bought Citigroup Global Services beating its closest rival Firstsource Solutions, marking it the largest BPO deal in terms of transaction value.