For some quarters now the Indian BPO sector has managed to expand rapidly in contrast to the IT services sector which is still being rocked by global headwinds. So much so, that the BPO industry is now confident of surpassing NASSCOM's growth projections for the overall IT, ITeS industry for FY14.
CNBC-TV18 had reported earlier that NASDAQ-listed BPO firm EXL Services was on the block. CNBC-TV18's Kritika Saxena now learns that big boy HCL Tech has sent an expression of interest to acquire stake.