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Medassist

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Firstsource plans to sell US-based MedAssist

Mumbai-based business process outsourcing firm Firstsource plans to sell US-based MedAssist, a health care business it acquired in 2007. Firstsource had paid $330 million for the acquisition.Two......

Firstsource acquires MedAssist for $330 mn

Mumbai-based Firstsource Solutions, a pure-play business process outsourcing provider, has acquired US-based MedAssist Holding for $330 million (Rs 1,353 crore). The deal is subject to regulatory......

Firstsource deal holds exit opportunity for investors

The acquisition of Firstsource Solutions is set to provide a good exit opportunity to its investors. ICICI Bank, one of these, has been trying to reduce its stake for long, as it has to bring it......

ICICI-KKR talks on Firstsource stake hit a hurdle

ICICI Bank's plan to sell its 19.49 per cent stake in business process outsourcing company Firstsource is facing a road block. Its recent talks to sell the stake to private equity firm KKR have......

BPOs manage to ward off sub-prime crisis

Currency hedging, cost management, operational efficiencies, coupled with robust demand for outsourcing IT services helped top four local business process outsourcing firms manage the subprime......

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