UAE finance group in JV with Indian BPO
"Our partnership with Noor Investment Group further strengthens our strong position in the Middle East North Africa region," Adventity chief executive Kumar Subramaniam said in a statement.
The joint venture will primarily offer its services in the six Gulf Cooperation Council countries, MENA as well as Pakistan, according to an NIG statement.
Through the joint venture, NIG plans to leverage on Adventity's expertise in process management in the financial services sector including assets and liabilities, card products, insurance, fund administration, customer relationship management, settlement and reconciliation, advisory services and analytics.
This is Adventity's first major investment in Dubai and will involve the establishment of a dedicated delivery centre in the region.
<< Previous 1 2 3 Next >>
IANS
Today’s top news
BPO firms in India to cross $1 Bn mark
Business Process Outsourcing (BPO) sector in India is growing faster ensuring a steady development. Many of the big players in this sector are going to enter the billion ...
'Small cities fail to attract huge investments in IT sector'
Poor infrastructure facilities limit the potential of the small cities in Tamil Nadu in attracting major investments in IT sector, though they offer huge cost advantage c...
India in top league of investors in Britain
Indian companies are in the top league of foreign investors in Britain, according to government figures published Thursday.
India adds 27.45 Mn more mobile subscribers
India added 27.45 million mobile subscribers in the quarter ended March 31, taking the total number of connections to 261.07 million, new data showed Thursday.
IT firms have a tough time as clients cut budget
This may be one of the worst times the IT firms have ever faced. Instability in Global market and the U.S recession have made the firms hard to sustain.
'Open access can vastly help Indian science'
India can make the most out of its investments in scientific research to spur its growth and promote domestic talent through the Open Access route, a global expert in the...
KLM opts for Kerala firm's crew management solution
IBS Software Services, a provider of information technology (IT) solutions to the travel, transportation and logistics industry, has signed an agreement with KLM Royal Du...
Government doubles 3G reserve price
Internet Service providers(ISPs) in India facing a tough time to move ahead with their future plans with the government of India's decision to double the reserve price fo...
India's direct tax collections up 38 percent
In spite of a slowdown in the growth of both industrial production and merchandise exports, India's direct tax collections rose by as much as 38.61 percent in the first q...
IFC to invest $15 Mn in Mumbai pharma firm
International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of equity participation.