outsourcing firms

Infosys ranked second in global outsourcing firms


July 23rd, 2012 - 8:51 pm ICT by IANS
Bangalore, July 23 (IANS) Indian IT bellwether Infosys Ltd has been ranked second in the 2012 global outsourcing list of 100 top firms by the International Association of Outsourcing Professionals ... Read more...

Posted in Business |

Top 20 Indian outsourcing firms grew 13 percent in 2010-11: Report


August 19th, 2011 - 3:47 pm ICT by IANS
New Delhi, Aug 19 (IANS) Top 20 outsourcing companies in India grew by 13 percent in 2010-11 and posted revenues worth Rs.32,246 crore, said a report by Dataquest magazine Friday."The ... Read more...

Posted in Uncategorized |

Germany to support India’s stand against US protectionism


October 2nd, 2010 - 8:26 pm ICT by IANS
By Gyanendra Kumar Keshri New Delhi, Oct 2 (IANS) Germany will support India's stand against protectionist policies, adopted by the United States in the last few months, at the major international forums, ... Read more...

Posted in Business |

China pledges more funds for outsourcing industry


September 10th, 2009 - 2:37 am ICT by IANS
Beijing, Sep 10 (Xinhua) The Chinese government has pledged more aid from the country's financial institutions to boost its outsourcing industry, officials said Wednesday. In a statement posted on the website of ... Read more...

Posted in Business |

Telstra cancels 32 m dollar deal with Satyam


March 17th, 2009 - 1:46 pm ICT by ANI
Melbourne, Mar.17 (ANI): Australian software major Telstra has dumped scandal-ridden outsourcing partner Satyam from an applications support contract believed to be worth 32 million dollars a year. EDS will pick up the ... Read more...

Posted in Business |

Obama to end tax cuts for firms that outsource


February 25th, 2009 - 8:45 pm ICT by IANS
Washington, Feb 25 (IANS) In a message that may not be music to Indian outsourcing firms, US President Barack Obama has served notice that he would end the tax breaks for corporations ... Read more...

Posted in World |

Nortel bankruptcy jolts Indian IT outsourcing firms (Lead)


January 15th, 2009 - 9:09 pm ICT by IANS
Mumbai, Jan 15 (IANS) India's outsourcing firms were jolted Thursday after Canada-based Nortel Networks, one of North America's largest telecom equipment firms and a key client for many IT firms in this ... Read more...

Posted in Uncategorized |

Nortel bankruptcy pulls down Indian IT stocks


January 15th, 2009 - 5:06 pm ICT by IANS
Mumbai, Jan 15 (IANS) Indian IT firms received another jolt Thursday when Canada-based Nortel Networks, one of North America's largest telecom equipment firm and an important client for outsourcing firms here, filed ... Read more...

Posted in Business |

Global meltdown catches IT firms off-guard


December 28th, 2008 - 1:39 pm ICT by IANS
Bangalore, Dec 28 (IANS) After nearly a decade of uninterrupted boom, the Indian information technology industry finds the road ahead bumpy as 2008 draws to a close, with the global meltdown ... Read more...

Posted in Politics |

Indian outsourcing companies moving up value chain: Study


November 26th, 2008 - 5:59 pm ICT by IANS
New Delhi, Nov 26 (IANS) Indian business process outsourcing (BPO) companies are moving up the value chain with an increase in the share of high-end judgement-based work, says a study prepared by ... Read more...

Posted in Uncategorized |

Indian shares slump following global financial crisis


September 16th, 2008 - 2:00 pm ICT by ANI
Mumbai, Sept 16 (ANI): Shares of top outsourcing firms, which earn a key part of their revenues from the U.S. banking and financial services sector, continued to fall sharply on Tuesday.Nifty, ... Read more...

Posted in Life Style |

Infosys Q1 net rises 21%, raises FY09 forecast


July 11th, 2008 - 8:26 pm ICT by ANI
Bangalore, July 11 (ANI): Infosys Technologies Limited beat expectations with a 21 per cent rise in quarterly profit thanks to a weaker rupee, and raised its full year guidance on hopes ... Read more...

Posted in National |

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