Archive for April, 2008

Subprime hits where it hurts most – pay hikes

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: April 24th, 2008 ARTICLE The woes of the IT sector are far from over. Faced with a challenging business environment in the wake of the US subprime crisis, software major ... Read more..

Syntel Reports First Quarter 2008 Financial Results

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: April 24th, 2008   Highlights: • Q1 revenue increase of 31% to $98.5M over Q1, 2007 • Q1 EPS of $0.49 per diluted share (including a $0.07 FIN 48-related tax reversal) • ... Read more..

Zensar reports 25% YoY growth in Q4 profits

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Zensar Press Release DATE: April 24th, 2008 Zensar has reported excellent working results for the quarter ended March 31st, 2008.   Financial HighlightsConsolidated Results for the quarter ended 31st March, 2008-    Revenue was ... Read more..

Avaya Renews HR Management Contract with Convergys

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: ConsumerElectronicsNet DATE: April 24th, 2008 ARTICLE Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today it will continue to provide HR support for Avaya Inc. under a five-year contract ... Read more..

Croydon Council awards five-year IT contract extension to Capgemini

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Consultant News DATE: April 24th, 2008 ARTICLE Croydon Council,the largest London borough by population,is extending its contract with Capgemini UK plc for the provision of IT services until 2013 as a key ... Read more..

Online growth: China’s net population up by 61%

Thursday, April 24th, 2008 Posted in Uncategorized | No Comments »

SOURCE: MSN.com DATE: April 24th, 2008 ARTICLE China's booming population of Internet users has soared to 221 million, tying the United States for the biggest number of people online, according to data reported ... Read more..

Think Your Job Won’t Go Overseas? Think Again

Wednesday, April 23rd, 2008 Posted in Uncategorized | No Comments »

SOURCE: CNBC DATE: April 23rd, 2008 ARTICLE If you think your job is immune to offshoring, think again. A study conducted by CareerBuilder.com and the Wharton School of the University of Pennsylvania, found that ... Read more..

Infosys buys IP technology from Australian co for Finacle

Wednesday, April 23rd, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: April 23rd, 2008 Mohit Soapbox: The product business is a relative smaller component of Infosys overall revenue stream and has grown YoY but still contributes minimally to the business. I ... Read more..

EDS says offshoring great for profitability, promises to continue

Wednesday, April 23rd, 2008 Posted in Uncategorized | No Comments »

SOURCE: IT Business Canada DATE: April 23rd, 2008 ARTICLE Electronic Data Systems (EDS) Inc. says its outsourcing strategy is saving it big bucks and announced plans to continue with it through 2008. The off-shore ... Read more..

Wipro raises intake of fresh graduates

Tuesday, April 22nd, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: 22nd April, 2008 ARTICLE With growth in the global IT business slowing, Wipro has begun to plump for youth as it tries to cut the cost of hiring and keeping ... Read more..