SPi India center to handle medical billing work
 
SPi will be shifting their medical billing work from its Chicago center to its new Chennai facility in the next six to eight months. The new facility, with 150 people initially, will be SPi 's fourth and biggest delivery facility in India. The other centers are in Pondicherry (600 employees), Coimbatore (400 employees) and New Delhi (50 employees).  
    
Hinduja BPO is eyeing acquisition in the US
 
HTMT Global Solutions is looking to acquire a mid-sized US consulting firm. Meanwhile the company is also planning to expand in tier-2 cities in India. The company currently has centers in Mysore and Durgapur and plans to set up two more centers at different locations by this fiscal end. The company's current employee strength is 10,000 and it plans to increase to 12,500 by this fiscal end.  
    
SC ruling clears the air on captive BPO taxation
 
The Supreme Court delivered the verdict in the Morgan Stanley case this week. According to the SC ruling, any foreign company with its captive operations in India, would not be taxed in India as long as it compensates its outsourcing unit on an arm's length basis.  
    
GTL agrees for ITeS buyout 

GTL Ltd, network services firm stated that they have sealed the offer received for its ITES buyout.The board meeting scheduled on 11th July will discuss the agreement for the sale.  
    
Thames Water share 18-yr BPO relationship with Xansa 

Thames Water has renewed its deal with Xansa. taking it to an 18-year long relationship. Xansa will continue to serve the back office functions of metered billing exceptions, general actions and client correspondence. Xansa manages approx 700,000 client interactions each year.  
    
eTelecare plans to list shares 

eTelecare Global Solutions intends to list its shares, by way of introduction, on the Philippine Stock Exchange (PSE). The company has applied for up to 82.996 million common shares. eTelecare is the first Philippine incorporated BPO to have issued a total of 6.325 American Depository shares, which is traded on NASDAQ. eTelecare will use the proceeds from the offering to invest in its sixth delivery center in Philippines.