Archive for February, 2008
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Fidelity’s offshore facility hands out pink slips to 30 in Gurgaon
SOURCE: LiveMint DATE: Feb 28th, 2008 Mohit Soapbox: This is a small # of folks being let go relative to the 7000 strong employee base round the world for Fidelity. The jury is still out on if the layoffs are part of the drive to slow down or ju
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Genpact gets another presence in Romania
SOURCE: Press Release DATE: Feb 27th, 2008 Genpact (NYSE:G), which manages business processes for companies around the world, announced the official opening of a new delivery center in Cluj-Napoca, its second facility in Romania.Genpact first ope
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Accenture on BPO: Clients no longer just interested in quick cost savings
SOURCE: ComputerWorld DATE: Feb 29th, 2008 Mohit SoapBox: I find the quote by Pankaj very interesting about talent scarcity in clients and clients looking for talent globally. My experiences with working with corporations looking for talent has
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The coming death of Indian outsourcing – By Sramana Mitra
SOURCE: Forbes DATE: Feb 29th, 2008 Mohit Soapbox: This is an interesting article by Sramana Mitra (BLOG LINK). She brings up some great points which I think are very true about the complacency of the Indian IT/BPO industry and how the industry
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Cognizant to open a London office add 100 jobs
SOURCE: Silicon.com DATE: Feb 29th, 2008 Mohit SoapBox: It is interesting to see Cognizant add over 20,000 roles across the world and 100 roles in London. It is a tiny miniscule fraction of roles Cognizant is adding worldwide and majority of the
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Wachovia moving HR functions in-house from Hewitt
SOURCE: JournalNow DATE: Feb 29th, 2008 Mohit SoapBox: Hmmm - wonder why the move is for ? No cost saving, vendor issues, mismatched expectation or all of the above! ARTICLE Wachovia Corp. said Wednesday that human-resources functions it ou
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Budget Time – IT/ITES industry in India not thrilled
SOURCE: IndiaTimes DATE: Feb 29th, 2008 ARTICLE These are reactions from industry leaders on the budget announcement. Kris Gopalakrishnan, CEO and MD, Infosys Technologies The budget has not been positive for the IT industry. Smaller co
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China based iSoftStone to Acquire Akona Consulting
SOURCE: Press Release DATE: Feb 28th, 2008 Today iSoftStone Information Service Corporation (iSoftStone) and Akona Consulting announced they have finalized an agreement whereby iSoftStone will acquire Akona Consulting, a business and technology c
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NIIT acquires Softech – German IT solutions company
SOURCE: EconomicTimes DATE: Feb 29th, 2008 ARTICLE NIIT Technologies Limited, the global IT solutions organization, today announced that it has acquired German-based SofTec GmbH, a specialist in providing IT solutions and services in the Airline
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Konecranes-Hewlett Packard agreement
SOURCE: Hoist Magazine DATE: Feb 28th, 2008 ARTICLE Konecranes and Hewlett Packard (HP) have signed a five-year agreement for IT infrastructure services. Under this agreement HP will operate the helpdesk and provide on-site support, and will
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