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Firstsource Solutions' plans

CHENNAI: Firstsource Solutions (FSL), engaged in providing offshore BPO (business process outsourcing) services to clients primarily in the BFSI (banking, financial services and insurance), telecommunications and media and healthcare industries, plans to invest about Rs. 180 crore for acquisitions and other initiatives and Rs. 46.29 crore for setting up new facilities. It has entered the capital market with its initial public offer with a price band of Rs. 54-64 per share. The issue, which opened on Monday, will close on February 2.

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