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News : Polaris Plans to Sell its BPO Business

#contactcenterworld
Chennai, India, Oct 29, 2015 -- Polaris Consulting & Services Ltd (Polaris) is planning to sell its BPO business. The company said it has decided to sell the business since it does not fit into its core business.

The BPO business currently employs around 1,000 people, of which 150 are in Guragon and Hyderabad and rest are in Chennai. It offers call centre support to telecom companies and banks.

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"Polaris want to focus on its core business since we are niche in BFSI and we feel this business doesn't fit in our strategy so we decided to hive off," said Vaidyanathan.

The company has got an in-principle approval from the Board for hiving off the BPO business.

#contactcenterworld

Posted by Veronica Silva Cusi, news correspondent
Source: http://www.business-standard.com

Today's Tip of the Day - Measuring Performance

Read today's tip or listen to it on podcast.

Related Editorial

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  • BPO Industry Adds Lowest Number of Jobs in 7 Years: Report
  • BPO Bonanza for Capital Youths Likely Soon
  • Government Created 35,000 BPO Seats in Small Towns: IT Minister
  • 87 Companies to Set Up 18,160 Seats in BPO/ITeS Sector Under IBPS
  • 1000-seat BPO Centre to Start Operations in Patna

More Editorial From Virtusa

  • Hitachi and Virtusa Enter into Strategic Global Partnership

About Virtusa:
Virtusa Corporation is a global information technology services company founded in Sri Lanka and headquartered at Westborough, Massachusetts, USA.
 

Published: Friday, October 30, 2015

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