Archive for October, 2008
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Aegis to hire 5000
SOURCE: Business Standard DATE: Oct 31st, 2008 ARTICLE Aegis BPO Services, the business process outsourcing arm of the Essar group, plans to add 1,000 people every month until March 2009 month on its rolls. By the end of the current financial year
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Wachovia -Wells Fargo deal will it impact Genpact ?
SOURCE: SIFY DATE: Oct 29th, 2008 Mohit Soapbox: It will be interesting to see how this plays out with Genpact and other IT service providers for Wachovia. Wachovia is also working with a number of IT players for outsourcing including Infosys, C
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Whitebread signs up a F&A deal with Steria
SOURCE: Silicon UK DATE: October 29th, 2008 ARTICLE Hospitality company Whitbread has offshored its finance and accounting processes to India through a multimillion, five-year deal to Steria. This is the first time the company - which ope
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Training in niche IT skills offers a big opportunity
SOURCE: SIFY DATE: Oct 29th, 2008 Mohit Soapbox: Building niche IT skills is going to be critical for some of the smaller firms to survive and for larger firms to offer a one stop shop to their existing clients. Overall though the IT training in
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CSC expands in CHina
SOURCE: Press Release DATE: October 29th, 2008 CSC today announced that it will open a new information technology (IT) services delivery center in Tianjin, China, to better serve existing multinational and local customers and increase CSC's prese
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Global turmoil: Wipro arms feel the pinch
SOURCE: Business Standard DATE: October 29th, 2008 ARTICLE While the global economic downturn has already marked its imprint on the performance of Indian IT services companies, for Bangalore-based soaps-to-software major Wipro the problem is g
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Rio opts for CSC in $70m outsourcing deal
SOURCE: Australian IT DATE: Oct 28th, 2008 ARTICLE RIO TINTO has signed off on one of its biggest outsourcing deals, selecting CSC for a five-year, $70 million contract to provide support services for about 25,000 users. Rio appointed global st
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Pfleiderer AG and IBM Sign Outsourcing Contract
SOURCE: Press Release Date: October 27th, 2008 German Pfleiderer AG and IBM (NYSE: IBM) signed a seven-year outsourcing contract. As part of the agreement, IBM will provide application hosting and management services out of Germany and Canada for
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Aptech (Standalone) Q3 PAT jumps to Rs. 231 lacs (14 lacs last year)
SOURCE: Press Release DATE: Oct 24th, 2008 For the quarter ending Sept 2008, Aptech Limited, the Global Learning Solutions Company, announced its stand-alone results. The standalone unaudited reviewed financial results were taken on record at the
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Wipro and TCS results – what do they say about 2009 ?
Wipro and TCS both had their earning release today. No surprises there – both of these firms have been caught in the financial storm, have shown tepid growth if any and a cautious outlook. Interestingly TCS seemed more confident of their current an
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