Archive for October, 2008

Wipro Tech gives 7-8% annual wage hike to offshore employees

Wednesday, October 22nd, 2008 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: Oct 22nd, 2008 ARTICLE Wipro Technologies, the IT business of Wipro, has given a moderate annual wage hike to its offshore employees in fiscal 2008-09 -- almost half of ... Read more..

Slowdown-hit IT cos prune staff cost – Economictimes

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: October 21st, 2008 Mohit Soapbox: The BPO/KPO vendors continue to present a brave front but are internally dealing with the slowdown fairly aggressively. No one wants to be the next big ... Read more..

Indian IT industry go Japan ?

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: Oct 21st, 2008 MOHIT Soapbox: I believe the Indian large vendors have been trying to penetrate the Japanese market for a number of years and have faced similar challenges ... Read more..

Tech Mahindra 2Q Net Profit +66.5%; Outlook Cautious

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: DOW NewsWire DATE: Oct 21st, 2008 Mohit Soapbox: Tech Mahindra has been focused on telecom sector and with large deals from BT and European markets should have had minimal impact from the ... Read more..

Wipro Premji – seven mantras for tough times..

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: Indiatimes DATE: October 1st, 2008 ARTICLE Every cloud has a silver lining and when the going gets tough, the tough get going that's what is Azim Premji's broad message to his fellow ... Read more..

iGates goes to Mexico

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: Oct 21st,2008 ARTICLE iGATE Corporation, an integrated Technology and Operations (iTOPS) firm, announced that it has launched a new USD 2 million facility in Guadalajara, Mexico. The new center, iGATE Global ... Read more..

TCS revamps domestic organization

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: SIFY DATE: Oct 21st, 2008 ARTICLE Tata Consultancy Services is now restructuring its India unit as part of a broader organisational revamp announced early this year, and to combat difficult market conditions, ... Read more..

Outsourcing Association to be founded in Central and Eastern Europe

Tuesday, October 21st, 2008 Posted in Uncategorized | No Comments »

SOURCE: press release DATE: Oct 21st, 2008 Outsourcing Associated bodies and Branch Associations from the Baltics, Ukraine, Hungary, Bulgaria and Romania established Central and Eastern European Outsourcing Association to promote CEE region ... Read more..

Geometric’s Q2 operating profit doubles

Monday, October 20th, 2008 Posted in Uncategorized | No Comments »

SOURCE: FinancialExpress DATE: October 20th, 2008 ARTICLE Geometric Limited a leading provider of Engineering Services and Product Lifecycle Management (PLM) solutions and technologies, announced the Company’s financial results for the quarter ending September ... Read more..

Spending slump to spread – Infosys

Friday, October 17th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Bloomberg DATE: Oct 17th, 2008 Mohit Soapbox: Infosys has reduced their full year guidance in their earnings release recently.  I believe that the optimism in the outsourcing industry was because people were ... Read more..