Aegis

Aegis to be major Indian company in US

Aegis to be major Indian company in USAegis, a Mumbai-based business process outsourcing (BPO) corporation, is all geared up to turn out to be the biggest Indian company in the US in the subsequent one year. The Essar Group Company tactics to treble its headcount in North America starting the present 5,000 to approximately 15,000 by end-December 2011.

Costa Rica has 500, of the 5,000, and the remainder is in the US. The corporation functions out of Missouri, Texas, New York, Florida, (three centers), Arizona and California.

Aegis purchases Sallie Mae's customer service center in the US

Aegis purchases Sallie Mae's customer service center in the USIndia's leading BPO services provide Aegis Limited has informed that it has purchased Sallie Mae's customer service center. Aegis Ltd. is a part of the Essar group and is a major global business process outsourcing (BPO) provider in the country.

It has announced that it has signed an agreement with Sallie Mae for this buy out. US-based Sallie Mae is the leading education finance service provider in the country. Now Aegis has acquired its customer service center in Killeen, Texas.

Etisalat DB Telecom signs 5 year agreement with Tech Mahindra, Aegis, Conflux

Etisalat DB Telecom signs 5 year agreement with Tech Mahindra, Aegis, ConfluxTelecommunications major Etisalat DB Telecom has announced that it has entered into 5 year outsourcing pacts with Tech Mahindra, Aegis as well as Conflux.

The sources informed that the company has invested Rs 750 crore for the agreements in order to speed up Etisalat DB Telecom’s forthcoming launch of telecom services in the country.

Aegis picks 80% stake in Sri-Lanka-based Ismart Timex

Aegis picks 80% stake in Sri-Lanka-based Ismart TimexThe Essar group-promoted BPO firm, Aegis has acquired 80% stake in Sri Lanka-based Ismart Timex, a leading BPO service provider, for an undisclosed amount.

The deal, which is Aegis's 14th acquisition, has been done through Essar Services Holdings, the holding company of Aegis. Earlier in August this year, Aegis acquired Australian BPO firm UCMS Group for AUD 54 million.

The company stated in a communiqué that Essar Services Holdings, has bought 80% stake in Ismart Timex, while the balance 20% stake will remain with Timex Garments.

Aegis acquires South Africa-based CCN Group

Aegis acquires South Africa-based CCN Group Aegis Ltd., the global IT services outsourcing arm of the Essar Group, has acquired South Africa-based outsourcing firm CCN Group PTY Ltd to expand its presence in the African country.

Sources reported that, the company will invest $60 million in the next three years in South Africa.

However, the company declined to comment on the deal size.

Apart from latest development, Aegis plans to hire 4,000 people for the entity in next three years, which is a step towards its commitment to creating 5,000 jobs in South Africa over a period of time.




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