The Economic Times is carrying a detailed article on the growing trend of Indian BPO companies to acquire medium to small American and European firms.
Essar, Datamatics, Godrej and Intelenet, jointly owned by TCS and HDFC, form a growing list of Indian companies that have in the last few months acquired BPO businesses overseas following HCL, which pioneered the process by a buying a BPO company in Northern Ireland in 2002.