Solartis, a provider of insurance policy administration software and services, has announced the expansion of services to now include Business Process Outsourcing targeted to insurance companies and their distribution partners. The Solartis BPO Services are created to focus on behind-the-scenes processing activities like data entry and clearance, quote and proposal development, rating and policy data entry [...]

Software exporter L&T Infotech, which has been lagging its larger rivals in growth rates and profitability, wants to add BPO capability  to its portfolio of offerings so it can provide customers with the full range of services starting from application development and testing to back-office processing. The company has appointed one of the big four [...]

IT and BPO service provider, Hexaware Technologies, today said its consolidated net profit jumped twofold to Rs 36.03 crore for the fourth quarter ended December 31, 2009, over the same period last year.   As per the Indian accounting standards, income declined to Rs 252 crore for the quarter ended December 31, from Rs 305.85 crore in [...]

The business process outsourcing sector (BPO) expects sales to grow by a quarter to $9 billion this year as the industry rides the wave of a general economic recovery. The industry’s revenues of $7.2 billion last year — a 19-percent increase — came in at the lower end of its target of $7.2-$7.4 billion due [...]

Genpact, the country’s largest pure-play BPO company, today acquired Bangalore-based analytics and data management services provider Symphony Marketing Solutions (SMS). Though the deal size was not disclosed, analysts peg the deal to be around Rs 450-500 crore and the SMS’ revenue to be around Rs 300 crore. “This expertise will allow us to offer a broader [...]