Archive for 2007
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Genpact posts slightly higher Q2 income
Source:Genpact Date: August 21st, 2007 Genpact had it's first quarterly earning release as a public company today (ARTICLE). The second quarter revenues grew 42% from same period 2006 and 14% quarter over quarter. The revenues were $200.5 million
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Indecomm Global acquires Brainvisa Tech
Source:EconomicTimes Date: August 22nd, 2007 BANGALORE: Bangalore-based BPO firm Indecomm Global Services has acquired Pune-based e-learning solutions company Brainvisa Technologies. The transaction details were not released. This is the second a
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Chennai IT firm Quintegra may buy US co for $50 m
Source:EconomicTimes Date: August 22nd, 2007 Quintegra Solutions, an IT services and solutions company, is looking to acquire a US-based software company in the BFSI space for about $50 million, as a part of its plan to strengthen its presence in
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Are High Salaries a threat to the Indian Offshore Industry ?
Source: Economictimes Date: 20th August,2007 A study by SVB financial Services group believes that the rising wages for senior executives and lack of availability of middle management in India could be a threat to the growth in the IT R&D ind
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India’s BPO industry registers a 47% growth :Survey
Source: DataQuest Date: August 20th, 2007 India's BPO companies have registered a phenomenal 47% growth in exports for the period 2006-2007 at Rs 20,890 crores ($5.22 billion) , according to a recent survey by the IT magazine, DataQuest. Genpa
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How to Keeps your Jobs Onshore
Source: Business Week Date: August 20th, 2007 How to prevent being Bangalored ? Or now how to prevent being Shangaied ? The ARTICLE talks about how more and more jobs are moving offshore and how should the US students prepare for the future. Inte
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IT Outsourcing Firms see no long term impact of submortgages
Source: EconomicTimes Date: August 21st, 2007 A day after WNS restated their earnings because of closure of First Magnus Corporation, a mortgage originator in the US, the rest of the industry has come forward to calm any fears of effect on the in
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Juniper to invest $70 Million in India
Source: EconomicTimes Date: August 21st, 2007 Juniper is planning to invest $70 million in an R&D facility in bangalore starting 2008. (ARTICLE). Juniper also is ramping up it's sales force in Chennai, Delhi , Mumbai and Bangalore. Current
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