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Mumbai, Aug. 29

The city-based 3i Infotech Ltd has acquired 51 per cent stake in BPO services provider HCCA Business Services Pvt Ltd. The company has been acquired for its delivery capabilities in HR operations including large-scale payroll processing for clients in the BFSI (banking, financial, services and insurance) sector, said a news release from the company. Financial details of the transaction were however, not provided. The 3i scrip was up by 1.03 per cent to close at Rs 136.7 on the BSE today. —

Our Bureau

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