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Wednesday, 26 December 2007 |
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By Johns
 Indias largest business outsourcing company, Genpact, today announced the completion of its acquisition of Axis Risk Consulting Services, a risk consulting company. Genpact had acquired Axis in June this year for an undisclosed amount.
This was Genpacts first acquisition in India. The acquisition will enable Genpact to add 80 clients across India, North America, Europe and Asia.
The details of the agreement have not been disclosed. The company had acquired the European SAP service provider ICE Enterprise Solutions in March for an undisclosed amount.
Axis will enable Genpact to expand its finance and accounting solutions portfolio. It will operate as an independent unit of the outsourcing company.
The integrated risk and technology solutions that well offer our US and European clients as a result of this acquisition, will take care of a lot of time and costs associated with governance and risk management, said Genpact President and CEO Pramod Bhasin.
Axis Risk consulting managing director and founding partner Ameet Parikh will continue as its managing director. There is a great synergy between the companies in terms of Genpacts access |
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Last Updated ( Wednesday, 26 December 2007 )
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Tuesday, 25 December 2007 |
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By Peter Kenny
 Credit card companies across the board are beginning to impose higher fees for late payments. For some companies, higher late payment fees are just the beginning of what they can do to you when you drag your feet on paying them.
The amount of money that a credit card company will charge you as a late fee is pretty much up to the company. Some will charge less than others, but some will happily charge more. It is not uncommon to find some credit card companies demanding as much as $39 or so as a late payment fee.
What might surprise some consumers is how quickly some of the companies are issuing these late fees. For example, your payment is due on the 29th of the month and you make an online payment to the company at 1 AM on the 30th. In other words, one hour late. Well, don't be surprised if you get hit with a late payment charge.
Paying a late fee can be annoying but the credit card companies can do more if you |
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Last Updated ( Tuesday, 25 December 2007 )
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