The Tariffs Missed Indian IT, But the Shockwaves Won’t

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Blackstone buys Serco BPO operations for £250 million

Private equity firm Blackstone has acquired a majority stake in Serco’s BPO operations for £250 million (₹2,558 crore). This is the largest such deal for Blackstone in India. The sale does not include the UK business of Serco Global Services,…