Archive for February, 2008

Fidelity’s offshore facility hands out pink slips to 30 in Gurgaon

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Genpact gets another presence in Romania

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Accenture on BPO: Clients no longer just interested in quick cost savings

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

The coming death of Indian outsourcing - By Sramana Mitra

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Cognizant to open a London office add 100 jobs

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Wachovia moving HR functions in-house from Hewitt

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Budget Time - IT/ITES industry in India not thrilled

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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. ... Read more..

China based iSoftStone to Acquire Akona Consulting

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

NIIT acquires Softech - German IT solutions company

Friday, February 29th, 2008 Posted in Uncategorized | No Comments »

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 ... Read more..

Konecranes-Hewlett Packard agreement

Thursday, February 28th, 2008 Posted in Uncategorized | No Comments »

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, ... Read more..