Tata to acquire Citigroup’s Indian back office for $505M Archives Published: October 8, 2008 Reading time: Less than 1 min. FacebookTwitterWhatsAppLinkedinEmail Tata Consultancy Services (TCS), India’s largest outsourcer, has reached an agreement to acquire Citigroup’s interest in Citigroup Global Services, its business process outsourcing (BPO) arm in India, for about US$505 million in cash. FacebookTwitterWhatsAppLinkedinEmail Related articles Astrik And Grant Thornton Collaborate With JS Bank To Automate IFRS 9 ECL And EIR Framework Wired October 18, 2025 NADRA Introduces Digital Identity And Data Exchange Regulations To Strengthen Pakistan’s Digital Governance Framework Wired October 18, 2025 Nestlé Announces 16,000 Global Job Cuts As Automation Reshapes Operations Global Insights October 18, 2025 IBA CICT And Bank Alfalah Collaborate For AI Training To Enhance Skills In Modern Banking Wired October 18, 2025