Aegis Ltd, the backoffice services firm of Essar Group, is planning to raise between USD 300 million and USD 400 million through an initial public offering, the company's global CEO said on Thursday.
Indian outsourcing company Aegis is opening its first European call centre in Manchester, England, reversing a trend that has seen British companies outsource customer services to India and other locations in Asia.
After over 16 acquisitions, Essar is now looking at taking its BPO arm, Aegis, to the next level, reports CNBC-TV18’s Kritika Saxena.
Aegis has signed the largest deal in the IT sector in the recent times worth USD 2 billion with Saudi Telecom. But that's just for starters its also forming a joint venture with Saudi Telecom, reports CNBC-TV18’s Kritika Saxena.