Archive for 2008
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Infosys eyes closer integration of tech & BPO biz
SOURCE: EconomicTimes DATE: Dec 31st, 2008 Mohit Soapbox: The hard times are pushing vendors to better integrate their BPO and IT offerings. A # of the larger vendors in India have been offering BPO and IT services but they have kind of remained
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Wipro to Buy Citi Technology Unit for $127 Million – Bloomberg
SOURCE: Bloomberg DATE: Dec 23rd, 2008 ARTICLE Wipro Ltd., India’s third-largest software services provider, agreed to buy Citigroup Inc.’s Citi Technology Services Ltd. for about $127 million in cash. Citi Technology Services, based in
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Satyams goverance fiasco
SOURCE: EconomicTimes DATE: Dec 17th, 2008 Mohit Soapbox: There seems to be a lot of outrage on the deal making and decision making abilities at Satyam at the highest level. I was reading some where , where this will go in the history books of c
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Outsource Firm Cuts 260 Workers
SOURCE: Graphics Art Online DATE: Dec 16th, 2008 ARTICLE INNODATA ISOGEN, INC. (NASDAQ: INOD), today announced that it anticipates fourth quarter revenues will be approximately $20 million, a 10% increase over revenues in the third quarter, and th
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Simplyheath Group Signs 3-Year Partnership Deal with Mastek
SOURCE: Insurance Technology DATE: Dec 16th, 2008 ARTICLE Simplyhealth (Andover, England), a group of healthcare businesses specializing in healthcare products and services for individuals, families and companies, has signed a three-year partn
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PK Gopalakrishnan to head MindTree India – LiveMint
SOURCE: LiveMint DATE: Dec 17th, 2008 Mohit Soapbox: Another firm looking to 'tap' the Indian markets as the global markets continue to stay frozen. ARTICLE City-based global information technology (IT) and research and development (R&
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Fidelity puts Indian tech services unit up for sale
SOURCE: CBR Online DATE: Dec 16th, 2008 Mohit Soapbox: Next captive in line after citibank looking to sell their captives. Seems like the era of large scale captives is almost over. Given the shortage of capital, maturity of vendors to offer glo
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Nortel vendors in ‘wait and watch’ mode – Hindu
SOURCE: The Hindu Business Line DATE: December 10th, 2008 ARTICLE Nortel Networks’ move to seek legal advice to find ways of bankruptcy protection has put key Indian IT vendors such as Wipro, Sasken Communication Technologies and Infosys on a â€
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Financial sector IT spend may be down up to 20% – Cognizant
SOURCE: The Hindu DATE: December 9th, 2008 Mohit Soapbox: The reduction in IT spending is part of broader cost management initiatives firms are looking at. IT and operations also always are the first to come under the scanner. We do see a trend
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Are integrated IT/BPO firms better positioned than pure BPO players ?
SOURCE: EconomicTimes DATE: December 4th, 2008 Mohit Soapbox: This is an interesting article and continues the debate about the IT/BPO offering vs pure play BPO. Pure play BPO's like Genpact, WNS have continued to focus on BPO offerings and g
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