Archive for March, 2008
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KPMG signs BT with £62m five-year outsourcing contract
SOURCE: ComputerWeekly DATE: March 31st, 2008 ARTICLE KPMG is to outsource a significant chunk of its IT management to BT in a deal worth £62m over five years. If successful the contract, in the UK and Germany, may be extended to other countrie
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GE withdraws nominees from Genpact board, may hasten exit
SOURCE: EconomicTimes DATE: March 29th, 2008 Mohit Soapbox: The interesting trend here is that GE is paring down it's equity stake in genpact but extending their contractual relationship with genpact. Interestingly genpact had earlier said that
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Equiniti’s India move sparks security fears
SOURCE: ThisisMoney.co.uk DATE: March 31st, 2008 ARTICLE Britain's biggest share-registration company, which handles details of investors in most FTSE 100 companies, plans to ship key parts of its business offshore, slashing hundreds of jobs a
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Is IT dead?
SOURCE: Business Standard DATE: March 31st, 2008 Mohit SoapBox: This is an interesting article and confirms that fact that smaller and mid size firms are going to face a tougher market environment than larger firms. ARTICLE As valuations h
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Change in employee demographics creates retention problems in Philippines firms
SOURCE: ManilaTimes DATE: March 30th, 2008 ARTICLE Local companies are having problems in terms of keeping their employees in the organization as the demography of workers in the Asia-Pacific region changes, a human resource consulting firm rece
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BPO firm ExlService beats rival WNS in market cap
SOURCE: EconomicTimes DATE: March 28th, 2008 ARTICLE Following its better-than-expected quarterly result, BPO firm ExlService Holdings has beaten twice-its-size rival WNS (Holdings) in terms of market cap. Nasdaq-listed EXL ended the trading sessi
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HCL Tech’s infrastructure deal with Bear Stearns in trouble
SOURCE: EconomicTimes DATE: March 27th, 2008 ARTICLE In yet another fallout of US investment bank Bear Stearns’ bankruptcy , India’s fifth-largest technology firm HCL Technologies' infrastructure management deal with the company faces a
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Nalanda India picks up 5.25% in WNS
SOURCE: EconomicTimes DATE: March 20th, 2008ARTICLE Former Warburg Pincus India honcho Pulak Prasad’s PE fund Nalanda India has picked up a 5.25% stake in US-listed BPO firm WNS (Holdings). The fund acquired 2.2 million share of the BPO firm,
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India’s Wipro to create hundreds of UK tech jobs
SOURCE: Silicon.com DATE: March 20th, 2008 Mohit soapbox: TCS just opened a center in Ohio, Cognizant going to Argentina and everyone moving closer to the client and also looking to diversify risk. ARTICLE Indian IT giant Wipro is set to creat
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Financial Services captives stop/slow down hiring in India
SOURCE: HindustanTimes DATE: March 20th, 2008 Mohit soapbox: Financial services have to work out a right model of delivery which works for them and have been looking to create more globalized model of delivery and not pure India centric. Capti
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