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Archive for September, 2008
From Wall Street to Gurgaon Streets – the pain remains the same
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
Across the globe the financial crisis is taking it’s toll. The problem which started out on a prestigious New York street ( begins with a Wall ) address has become ... Read more..Amount Lehman owes Satyam, TCS, Wipro
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
Based on bankruptcy filing for Lehman the amount Lehman owes the offshoring firm is not a large amount. Combined, Satyam Computer Services, Tata Consultancy Services and Wipro are owed more ... Read more..NIIT Technology wins contract from American Safety Insurance Services
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: PRESS RELEASE DATE: September 22nd, 2008 NIIT Technologies Ltd, the global IT services provider headquartered in New Delhi, today announced that they have been awarded a global sourcing contract by American ... Read more..Unisys CEO steps down
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: NYTimes DATE: September 23rd, 2008 ARTICLE Unisys CEO Joseph McGrath will resign his position, the company said Tuesday. McGrath, who will continue running day-to-day operations until a successor has been found, has held ... Read more..TCS Delays promotions
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: IndiaTimes DATE: September 22nd, 2008 Mohit Soapbox: TCS does have a high exposure to financial services sector in the US. TCS continues to be a centrally run organization with long term leadership ... Read more..Nitin Rakesh leaves Syntel to head Motilal Oswal Asset Management Business
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: PRESS RELEASE DATE: September 22nd, 2008 Motilal Oswal Group, the leading financial services company today announced the appointment of Mr Nitin Rakesh as the Chief Executive Officer (CEO) of the company's ... Read more..NIIT wins contract from Cathay Pacific
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: EconomicTimes DATE: September 23rd, 2008 NIIT Technologies Ltd said on Tuesday it has won a contract from Cathay Pacific Airways for the development of a warehouse operating system at its new ... Read more..Lloyds TSB told to scrap offshoring by workers
Tuesday, September 23rd, 2008 Posted in Uncategorized | No Comments »
SOURCE: Information Age, UK DATE: September 23rd, 2008 ARTICLE Lloyds TSB has been told by its workers to cease and reverse its use of offshore outsourcing. The move would compensate for job losses ... Read more..Nasscom’s $60 bn export target in jeopardy
Saturday, September 20th, 2008 Posted in Uncategorized | No Comments »
SOURCE: Business Standard DATE: September 18th, 2008 Mohit Soapbox: What we see working with our clients in the market is more in line with the predictions by Tholons. That is that a slowdown ... Read more..Indian IT firms bring 11,000 migrants to UK a year
Saturday, September 20th, 2008 Posted in Uncategorized | No Comments »
SOURCE: Telegraph UK DATE: September 20th, 2008 ARTICLE Just six firms, all based in India, recruited a total of 11,644 immigrants to work for them in the UK in 2006, the most recent ... Read more..