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Mahindra Satyam to reposition itself as ICT firm10-NOV-09
Moving away from the shadow of Satyam scam, software exporter Mahindra Satyam today said the company would be repositioned as a complete Information and Communications Technology (ICT) firm from just an IT outsourcing player.
Ikya acquires recruitment firm07-NOV-09
Ikya, an integrated HR solutions company, has made its second acquisition within a couple of months. This time, it has acquired a recruiting firm, New Delhi-based Coachieve Solutions in a stock-cum-performace-oriented cash deal. With this, Ikya has entered another vertical - Recruitment Process Outsourcing vertical, after having entered facilities management recently with the acquisition of Avon, a facilities management firm. Coachieve has its operations in Delhi, Mumbai, Bangalore and Pune.
Genpact reaffirms outlook; net dips marginally05-NOV-09
The country's top business pocessing outsourcing firm Genpact today reported a 1.7 per cent dip in its net profit for the third quarter ended September 2009, but upheld its full-year revenue guidance on the back of positive global cues.
TCS bags 15-yr outsourcing deal from Cardiff Council03-NOV-09
The country's largest software company, Tata Consultancy Services (TCS), has signed a 15-year deal with Cardiff Council.
Firstsource wins National Outsourcing Association, UK award26-OCT-09
Firstsource Solutions (NSE:FSL, BSE:532809), a leading global provider of business process outsourcing (BPO) services, has won the 2009 National Outsourcing Association (NOA) Award for Best Telecommunications, Utilities and High-Tech Outsourcing Project. The award recognizes the valuable services delivered by Firstsource to a premiere telecom client. Firstsource has over 500 employees in Belfast and over 300 in Mumbai for this client. This is the fourth consecutive NOA award for Firstsource.
Delegation From Chengdu Seeks Closer Ties with Indian IT & Outsourcing Companies26-OCT-09
A high-level delegation team from Chinese IT and outsourcing capital Chengdu is visiting Bangalore to promote investment in China and explore opportunity to work with Indian IT and outsourcing industry. The six-day visit starts today with an investment conference in the city.
UP announces incentives for IT/BPO, realty24-OCT-09
To lure the Business Process Outsourcing and IT/ITeS industry, the Mayawati government in Uttar Pradesh has showered various sops. The realty sector, too, has been blessed with many relaxations.
Indian cities still hot for outsourcing22-OCT-09
Reconfirming the fact that Indian cities are the most preferred destination for outsourcing, six Indian cities — Bangalore, Delhi-NCR, Mumbai, Chennai, Hyderabad and Pune — figure among the eight top global destinations for outsourcing of services along with Manila and Ireland’s Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey.
Aegis acquires Sri Lankan outsourcing firm05-OCT-09
Essar group company Aegis BPO today said it has acquired 80 per cent stake in Sri Lankan outsourcing company Ismart Timex for an undisclosed amount.
Fortis signs outsourcing deal with HCL05-OCT-09
Hospital chain, Fortis Healthcare today announced a five-year outsourcing deal estimated to be over $15 million with IT major HCL Infosystems for implementing software solutions at all its facilities.
Logistics sector to touch $125 bn by 2010: Assocham29-SEP-09
The Indian logistics industry is poised to become a $125 billion industry by 2010, an increase of around 17 per cent, from the current level, according to Assocham.
NRIs outsourcing murder to India: Investigation report on BBC29-SEP-09
In a development that may explain the disappearance of several Britons of Indian origin during visits to India, an investigation report on BBC says British Asians have been hiring killers in India to target their friends and family.
US beckons Indian IT giants27-SEP-09
The raging political firestorm over how to reform the US’s $2.5-trillion healthcare sector might seem to be of limited relevance to India. But for the Indian IT services sector, the Obama-led revolution might just present an exciting growth opportunity. Taking advantage of what we believe in will be a multi-billion dollar opportunity that requires immediate mobilisation and mastery of the intricacies of the US healthcare system.
RT Outsourcing raises Rs 65 cr equity from NEA21-SEP-09
RT Outsourcing Services, a provider of after-sales services, reverse logistics, and call centre operations, raised Rs 65 crore from US based global venture capital firm New Enterprise Associates (NEA) for its future growth.
Logica looks to increase biz share from India21-SEP-09
European IT outsourcing services provider Logica, which started its Indian operation in 1998 to harness the abundant talent pool available here, has now started looking at opportunities in the local market, which has prompted most of the global as well as Indian service providers to re-energise their strategies.
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