Genpact

NV Tiger Tyagarajan to Succeed Pramod Bhasin as CEO of Genpact

NV Tiger Tyagarajan to Succeed Pramod Bhasin as CEO of Genpact

NV Tiger Tyagarajan will take over the responsibility from Pramod Bhasin, who will make his exit from Genpact on June 17. Appointment of NV Tiger Tyagarajan as Genpact's new chief operating officer was announced on Monday. After stepping down from CEO position Pramod Bhasin will join the Genpact board as non- executive vice chairman.

India's largest BPO firm Genpact counts Wachovia, Wells Fargo and GE among its top clients. Firm's net profit increase by 28% to $36 million for the first quarter ended March 31.

Genpact acquires Headstrong Corp for $550 mn

Genpact acquires Headstrong Corp for $550 mn

Genpact Ltd has announced to sign a deal to acquire Headstrong Corp. for $550 million. This transaction will help Genpact to gain its presence in IT services and consulting.

With this deal, Genpact will reduce its dependence on its parent company, General Electric Co, which accounts for 38% of its revenue. Genpact is the back office service provider and this acquisition will help the company to grow faster.

Genpact bags a five-year contract from Carnation

Genpact bags a five-year contract from Carnation

Business process outsourcing firm Genpact recently announced that the company has bagged a five year contract from the multi-sales & service company, Carnation Auto.

While both the parties declined to divulge any financial details about the deal, but according to the terms settles, Genpact will be taking care of activities like finance and accounting, customer relationship management, procurement and supply chain management and human resources.

Genpact wins BPO contract from Unitech Wireless

BPO firm Genpact has received an order from Unitech Wireless. As per the terms of the contract, Genpact will spread customer service solutions through its operations centre for telecom operator (Unitech Wireless) in North India. Company’s operations centre is situated in Jaipur.

The company did not reveal the financial details of the deal.

Unitech Wireless is a joint venture formed between realty major Unitech and Norway’s Telenor Group that runs under the brand name 'Uninor'.