![]() Financial Daily from THE HINDU group of publications Wednesday, Nov 09, 2005 |
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Corporate
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Alliances & Joint Ventures Thapar Group signs pact with Option Care for BPO foray Our Bureau
New Delhi , Nov. 8 THE Gautam Thapar-promoted, Thapar Group, has entered into a 70:30 joint venture with US-based healthcare service provider Option Care Inc, to enter the BPO business. In a statement, Mr Gautam Thapar, Chairman, Salient Business Solutions said, "As a group we have been considering a foray into areas within the services sector that would provide us a global perspective to our operations as well as help leverage the substantial brand equity that we have developed during the last seven decades." The US-based company has said that it was looking to partner with an established Indian company with strong brand equity to attract quality talent. "Both the Thapar Group and Option Care Inc are matched in terms of synergies and objective," added Mr Raj Rai, CEO, Option Care. Option Care is the first customer for Salient Business Solutions that will involve specialised BPO solutions in the healthcare segment. The company plans to expand into other services such as finance and accounting and HR led services and horizontal services such as vendor management, procurement, sales management and data warehousing solutions. Option Care Inc provides a full range of healthcare services to patients outside the hospital setting, working with 300 organisations representing more than 75 million Americans.
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