Apparently GE put its Indian BPO (business process outsourcing) business for sale. The price: $1bn. Potential buyers: HP (a non-BPO company) and Convergys (a BPO company).
Why would GE sell? Keep in mind Jack Welsh's legacy: GE's staying in businesses that it can achieve the number one or number two positions. Otherwise exit. Why would there be interested buyers? Because of a good infrastructure and team in an industry with big skill shortage.
