News

• President Obama: offshoring fears are outdated, unwarranted

  By John Ribeiro | 08 November, 2010 04:16

  The perception that Indian call centers and back office operations cost U.S. jobs is an old stereotype that ignores today’s reality that two-way trade between the U.S. and India is helping create jobs and raise the standard of living in both countries, U.S. President Barack Obama told a gathering of business executives in Mumbai on Saturday.

• Small Indian outsourcers become more attractive to customers

  By John Ribeiro | 25 August, 2010 03:32

  Second-tier outsourcers in India can provide specialized services and domain expertise in areas which their larger competitors such as Tata Consultancy Services and Infosys Technologies may find too niche to address, according to a report from Forrester Research.

• Capgemini adding 4,000 staff in India

  By John Ribeiro | 17 May, 2010 05:29

  French IT services company Capgemini plans to add 4,000 more staff in India during the current quarter, seeing an improvement in business, the company said on Friday.

• In India, a BPO center coming up in a jail

  By John Ribeiro | 14 May, 2010 04:24

  The Cherlapally Central Jail in Andhra Pradesh state in south India is setting up a business process outsourcing (BPO) center, with the aim of giving the prisoners skills that will help them better integrate into society after their release, a senior police officer said on Wednesday.

• IT managed services market in India to hit $US3.8 billion in 2013

  By Anuradha Shukla | 01 May, 2010 09:04

  The IT managed services market in India is growing at a compound annual growth rate (CAGR) of 22.8 per cent, according to IT market research specialist Springboard Research's newly released report 'Indian Managed IT Services Market'."

• Tata posts strong revenue, profit growth, signaling recovery

  By John Ribeiro | 20 April, 2010 01:35

  Tata Consultancy Services (TCS) signaled a stable recovery for Indian outsourcers when it reported on Monday strong revenue and profit growth in dollar terms for the quarter and fiscal year ended March 31.

• Europeans prefer staff suppliers to outsourcers: Forrester

  By John Ribeiro | 22 February, 2010 06:58

  A preference by companies in Western Europe for contract IT staff is cutting into the business of outsourcing companies in these countries, according to a report by Forrester Research.

• Protectionism worries Indian outsourcers

  By John Ribeiro | 10 February, 2010 07:20

  India's leading software trade body said on Tuesday that protectionism in key markets could affect the growth prospects of the country's outsourcing industry.

• India's outsourcing exports at US$50 billion

  By John Ribeiro | 05 February, 2010 07:53

  India's revenue from exports of IT and BPO (business process outsourcing) services is likely to grow 5.5 percent to US$49.7 billion in the Indian fiscal year to March 31, 2010, according to estimates released Thursday by the country's National Association of Software and Service Companies (Nasscom).

• Outsourcer Wipro benefits from improved demand

  By John Ribeiro | 21 January, 2010 07:05

  Wipro achieved revenue growth in its IT services business in the quarter ended Dec. 31, indicating that demand for outsourced services is picking up but is not yet at levels seen before the recession, it said Wednesday.

• Tata revenue and profits up as outsourcing market improves

  By John Ribeiro | 16 January, 2010 01:24

  India's largest outsourcer, Tata Consultancy Services (TCS), reported Friday an increase in revenue and profit in U.S. dollar terms for the quarter ended Dec. 31, reflecting a turnaround in the offshore outsourcing market.

• Indian outsourcers see a turnaround ahead

  By John Ribeiro | 13 January, 2010 23:13

  The market for Indian outsourcers is on the mend, but these companies will have to build expertise in new technology areas, and set up operations in multiple locations to take advantage of market conditions, according to analysts.

• Infosys signals recovery in outsourcing market

  By John Ribeiro | 13 January, 2010 08:25

  Infosys Technologies, India's second largest outsourcer, reported on Tuesday revenue of US$1.2 billion for the quarter ended Dec. 31, up 5.2 percent over the same quarter in the previous year.

• Satyam opens its largest services center outside India

  By John Ribeiro | 02 December, 2009 07:26

  Indian outsourcer Satyam Computer Services has moved to a larger facility in Cyberjaya in Malaysia, with plans to make it the company's largest development and services delivery facility outside India, it said in a filing on Tuesday to the Bombay Stock Exchange.

• Wipro sets up global services delivery from China

  By John Ribeiro | 27 November, 2009 06:34

  Indian outsourcer Wipro has set up a global services delivery center in Chengdu in southwest China, targeting customers in the U.S., Europe, and other markets outside the country.