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Tag: BPO
With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being…
Read More With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
New US President Donald Trump's 'Buy American-hire American' rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled…
Read More Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump
Republican candidate Donald Trump just two days ago during his election rally had strongly criticized technology giant IBM for laying off 500 staffs working at Minnepolis located on mid-western US state of Minnesota. During his rally, Trump also had said…
Read More Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump
Capgemini Acquires IGATE Corp For $4 Billion
French IT-services major Capgemini on Monday announced the acquisition of US-based IGATE for $4.04 billion in a combination of cash, stock and debt deal. With this acquisition, Capgemini expects to boost its presence in North America, the largest IT-services market…
Capgemini To Buy IGATE Corp For About 4 Billion
Strategic Shift: Why Panaya Is A Good Fit For Infosys
The latest acquisition by India’s second largest IT services exporter—Infosys—of Panaya for $200 million may seem a small buy for a company with over $8 billion in revenues. But this signals the start of Infosys’ transformation into a blue-blooded technology…
Read More Strategic Shift: Why Panaya Is A Good Fit For Infosys
Blackstone In Race To Acquire Serco’s BPO Unit
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…
Blackstone In Race For Serco’s Bpo Arm
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. “Blackstone’s entry in the bidding is…
Blackstone In Race To Acquire Serco’s BPO Unit
Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…
PE Firm Blackstone May Buy Back Intelenet
Private equity giant Blackstone has made an offer to buy back the Indian BPO unit of the London-listed Serco, as formal bids were fired last week for the asset put on the block, people familiar with the matter said, according…
Infosys Begins Probe Into Financial Irregularities In BPO Arm
Infosys is undertaking a cleanup activity that intends to plug any loopholes concerning financial malpractices within the company, which includes severe action such as sacking of more people if found guilty. Sanchit Vir Gogia, analyst at Greyhound Research, said that…
Read More Infosys Begins Probe Into Financial Irregularities In BPO Arm
Infosys BPO To Fire More Sr Executives Over Apple Payment issue
Infosys, which had sacked its BPO unit CFO Abraham Mathews, is looking at firing few more senior executives for allegedly overcharging Apple Inc for IT support services. "It is a brave step from Infosys' side to come out and talk…
Read More Infosys BPO To Fire More Sr Executives Over Apple Payment issue
#GreyhoundInMedia: ‘More heads may roll at Infosys (@Infosys) BPO’ #Press #Media @Jagranpost
While Mathews, chief financial officer of Infosys BPO, was sacked on Tuesday for failing to comply with the company's code of conduct, the unit's chief executive officer Gautam Thakkar has quit on "moral grounds" and would leave the company by…
Apple Fallout: More Executives Likely To Leave Infy
The exit of Infosys BPO unit CFO Abraham Mathews on Tuesday on charges of violating the code of conduct of the company has further fuelled speculations of a cascading effect on other top executives as well. According to Greyhound Research…
Read More Apple Fallout: More Executives Likely To Leave Infy
Infosys Fired Finance Chief of BPO Unit for Inflating Apple’s Bills
Infosys Technologies fired the chief financial officer of its BPO unit for allegedly overbilling Apple Inc. for IT support services. “It is a brave step from Infosys’ side to come out and talk about the fraud going on internally in…
Read More Infosys Fired Finance Chief of BPO Unit for Inflating Apple’s Bills
#GreyhoundInMedia: Charges of over-billing Apple (@apple) cost Infosys (@Infosys) BPO’s CFO his job #Press #Media @BSIndia
Infosys has sacked its BPO unit CFO Abraham Mathews and will fire some others senior executives for allegedly overcharging Apple Inc for IT support services. "It is a brave step from Infosys' side to come out and talk about the…
#GreyhoundInMedia: Charges of over-billing Apple (@apple) cost Infosys (@Infosys) BPO’s CFO his job #Press #Media @insideapple
Infosys has sacked its BPO unit CFO Abraham Mathews and will fire some others senior executives for allegedly overcharging Apple Inc for IT support services. "It is a brave step from Infosys' side to come out and talk about the…
India to become Capgemini’s default offshoring location soon
Cap Gemini SA, the Paris-based consulting and software services firm, is trying to save costs by farming out more work to its centres in India and hiring freshers from colleges.Capgemini, which has software development centres in more than 10locations outside France,…
Read More India to become Capgemini’s default offshoring location soon
#GreyhoundInMedia: EXL corrects itself to tackle Travelers’ exit last year #Press #Media #BusinessToday
Nasdaq-listed outsourcing firm EXL Services seems to have come a long way from the breach of confidentiality fiasco it faced last year. On November 1 last year, American insurance player Travelers Indemnity Company had scrapped its client relationship with the…
#GreyhoundInMedia: Learning from the Masters #Press #Media #BusinessStandard
The blossoming IT services sector in India has learnt many lessons on staffing from manufacturing. Heavy competition and the economic downturn notwithstanding, TCS has managed a 6.3 per cent reduction in the average employee cost every year over 2007-2013, as per…
Read More #GreyhoundInMedia: Learning from the Masters #Press #Media #BusinessStandard
#GreyhoundInMedia: IT takes an optimistic curve #Press #Media #CommunicationsToday
Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #CommunicationsToday
#GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress
Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress
Management consultants like PwC & KPMG tread IT turf; boost their ability to implement deals
As Indian IT players compete for higher-value services in digital technologies such as data analytics, mobility, social and cloud-based deployment, they face increasing competition from management consulting firms that are also beefing up their business in those areas. The clash…
What Do DIT’s ‘IT Rules, 2011’ Mean To Orgs Operating In India?
After not addressing the flak for years from Governments across the globe, the Department of Information Technology (DIT), Government of India (GoI) has introduced new rules earlier this year. Coined as the Information Technology (IT) Rules, 2011, the notification is…
Read More What Do DIT’s ‘IT Rules, 2011’ Mean To Orgs Operating In India?