MutualFundWire.com: Fidelity Reportedly Puts an Indian Unit on the Block
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Monday, December 15, 2008

Fidelity Reportedly Puts an Indian Unit on the Block


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.


Printed from: MFWire.com/story.asp?s=20147

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