Deutsche Bank Takes Away Some Of Its Work From Infosys
(Friday, September 03, 2010 9:50:31 AM IST)
Infosys BPO suffered a minor jolt when Deutsche Bank decided to move a portion of its back office processes away from Infosys BPO to its captive centre in the city. The bank will move critical processes related to clients' trade and derivatives to its Network Services in Whitefield. According to The Economic Times, some 150 people are working on this process.
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Essar Now Owns 79.13 Per Cent Stake In AGC Networks
(Wednesday, September 01, 2010 7:03:43 PM IST)
The current management of AGC is expected to continue to spearhead the business.
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Xchanging As World's Top Outsourcing Providers
(Wednesday, September 01, 2010 3:48:24 PM IST)
--Press Release
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Drishti-Soft Bags Business Of The Year Award 2010
(Tuesday, August 31, 2010 6:10:27 PM IST)
--Press Release
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Aditya Birla Minacs Amongst Global Top 100
(Monday, August 30, 2010 1:28:30 PM IST)
--Press Release
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Boston Consulting To Revamp MphasiS’ Business
(Friday, August 27, 2010 5:10:41 PM IST)
Bengaluru-headquartered IT services and BPO company MphasiS has appointed the Boston Consulting Group (BCG) as consultant to revamp its business structure, reports Business Standard. MphasiS, a unit of Hewlett-Packard, is also reportedly eyeing companies with annual revenues of $50 million to $100 million to bolster its presence in financial, telecom and healthcare services.
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Patni Bags A Contract From Codan Group
(Wednesday, August 25, 2010 1:27:51 PM IST)
Patni will offer managed services around some of Scandinavia’s core insurance platforms.
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WNS To Invest $15 Million To Set Up More Centres
(Sunday, August 22, 2010 11:04:33 PM IST)
WNS Global Services has announced plans to invest $15 million for establishing new centres in India in 2010. WNS currently has 21 delivery centers worldwide and is serving 200-plus global clients. According to Keshav R Murugesh, CEO, WNS Global Services Group, "In 2010, our capex is expected to be around $15 million and a lot of it will be invested in new centres in India. WNS is a global company and India plays a great part in our overall growth aspirations from a leadership, people, infrastructure and sustainability view," reports The Economic Times.
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TCS Inaugurates 5th Delivery Centre In China
(Sunday, August 22, 2010 11:03:05 PM IST)
After its first foray into China in 2002, TCS has been consistently expanding its presence in China. While its employee base has reached 2000, with 92 percent of this lot comprising locals, the company has established five delivery centres in the country. The latest addition is its delivery centre in Shenzen, China that will focus on "delivering projects to APAC (Asia Pacific) markets", reports The Economic Times.
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Govt Of Maharashtra Honours HOV Services
(Saturday, August 21, 2010 5:32:02 PM IST)
--Press Release
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Now, Businesses Can Innovate More Easily With Oracle BPM 11g
(Thursday, August 19, 2010 9:31:27 AM IST)
Oracle BPM Suite 11g introduces some new features to empower business stakeholders and help developers accelerate and better manage BPM development activities in their organisation.
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India's Domestic BPO Revenue To Touch $1.6 Billion By 2014
(Thursday, August 19, 2010 12:23:22 AM IST)
According to a forecast released by research firm Gartner, the revenue earned by India's domestic business process management services segment is likely to reach $683 million in 2010 and $1.6 billion by 2014 from $521 million in 2009. The report also states the key catalysts that are expected to bring about this high growth; it mentions "high economic growth, competitive pressure, agility, time to market, innovation and adoption across verticals and breadth of services will be driving this high growth rate in this segment," reports The Economic Times.
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EXL Service Stregthens Finance And Accounting Capability
(Tuesday, August 17, 2010 6:29:13 PM IST)
--Press Release
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Hinduja Global Opens 2nd Global Delivery Centre In WB
(Tuesday, August 17, 2010 4:51:09 PM IST)
The new centre will primarily cater to expansion in the telecom customer contact centre operations.
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ITC Infotech Teams Up With Oracle To Provide Loyalty & Marketing
(Monday, August 16, 2010 6:48:34 PM IST)
--Press Release
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HOV Services Awarded Top BPO Provider On 2010 Global Services
(Saturday, August 14, 2010 11:05:19 AM IST)
--Press Release
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NASSCOM Expresses Resentment On US Border Security Bill
(Friday, August 13, 2010 2:28:59 PM IST)
The new fees may discourage some firms from hiring the talent that they need to innovate, expand and ultimately create more jobs.
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NASSCOM Releases Its Annual Rankings For The IT-BPO Industry
(Thursday, August 12, 2010 10:19:09 PM IST)
--Press Release
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Convergys Employees To Celebrate 3rd Anniversary
(Wednesday, August 11, 2010 5:23:15 PM IST)
--Press Release
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Convergys Reports Second Quarter Results
(Tuesday, August 10, 2010 10:49:21 AM IST)
--Press Release
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Syntel Named Top 100 Performer In Global Outsourcing
(Tuesday, August 10, 2010 10:00:43 AM IST)
--Press Release
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US Senator Calls Infosys A 'Chop Shop'
(Saturday, August 07, 2010 5:02:23 PM IST)
US Senator Charles Schumer has called Indian IT giant Infosys Technologies as "chop shop", reports the Wall Street Journal. He was talking on the occasion of passing of a $600 million border security bill on skilled work visas. "The emergency border funds will be paid for by assessing fees on foreign companies known as chop shops that outsource good, high-paying American technology jobs to lower wage, temporary immigrant workers from other countries. These are companies such as Infosys. But it will not affect the high-tech companies such as Intel or Microsoft that play by the rules and recruit workers in America," he was quoted as saying.

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Everest Group Market Vista Q2 Report
(Wednesday, August 04, 2010 5:50:34 PM IST)
--Press Release
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Infosys BPO Wins Shared Service Centre Deal From Global Group
(Wednesday, August 04, 2010 5:47:22 PM IST)
--Press Release
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Cognizant Expands Delivery Centre In Manila
(Wednesday, August 04, 2010 5:32:37 PM IST)
--Press Release
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