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Home -> Finance -> Full Story

e4e Inc significantly increases stake in iSeva
Monday, June 21 2004 13:57 Hrs (IST)

Bangalore: e4e Inc has announced that, as part of its overall strategy of expanding its business services offerings to enterprise customers, it has significantly increased its ownership of iSeva Inc, a BPO (business process outsourcing) company, with its Indian operations headquartered here.

e4e Inc will now have a controlling interest in the company, an iSeva statement said.

As part of the increased ownership, it said, e4e Inc has reorganised the Board and management structure of iSeva Inc. The Board has appointed Vaibhav Tewari as the new president of iSeva Inc, and as a member of the new Board.

Dr Sridhar Mitta, Managing Director of e4e India, and Murrali Rangarajan, Chief Operating Officer of e4e Group, have also been appointed to the Board of the company, the statement added.

PTI



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