Fidelity Reportedly Puts an Indian Unit on the Block
by:
Armie Margaret Lee
Fidelity has put its captive technology solutions unit in India
up for sale as part of its cost-cutting efforts, India's Economic Times reports. Possible buyers include Accenture, IBM, Infosys, Winpro and Satyam.
The buyer will clinch a multi-year outsourcing contract from Fidelity, the report
added. The unit has 2,000 employees and operates out of Bangalore and Chennai.
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