Archive for November, 2008

Mumbai attacks and the new realities of outsourcing to India ?

Saturday, November 29th, 2008 Posted in Uncategorized | No Comments »

November 28th, 2008 The siege of Mumbai over the last three days has exposed the vulnerability of a prime offshoring location within India and how a handful of people with guns ... Read more..

Mastek likely to cut 2008/09 revenue forecast

Friday, November 14th, 2008 Posted in Uncategorized | No Comments »

SOURCE: REUTERS DATE: Nov 14th, 2008 Mastek has focused on Europe and seems to be moving to building IP in their offering and building vertical niches in insurance organically and inorganically. ARTICLE Software firm ... Read more..

Mercator partners with Infosys to setup a development centre in Chennai

Friday, November 14th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: Nov 14th, 2008 ARTICLE Dubai-based Mercator has partnered Infosys Technologies Limited to establish an offshore development centre in Chennai. The centre, to come up on Infosys campus, will develop ... Read more..

BT job cut news sends India’s tech stocks reeling

Friday, November 14th, 2008 Posted in Uncategorized | No Comments »

SOURCE: International Business Times DATE: Nov 14th, 2008 ARTICLE Stock prices of India's major IT firms went reeling, Friday, on news that British telecoms giant, the BT Group Plc. will reduce its workforce ... Read more..

End of the Indian outbound story? – Business Today

Friday, November 14th, 2008 Posted in Uncategorized | No Comments »

SOURCE: Business Today DATE: Nov 13th, 2008 ARTICLE October 2006: Tata Steel offers to buy British steelmaker Corus Group for $8.1 billion. November 2006: Brazilian rival CSN makes a counter bid of $8.4 billion. January ... Read more..

Is India IT industry really safe ?

Tuesday, November 11th, 2008 Posted in Uncategorized | No Comments »

DATE: November 11th, 2008  Indian IT industry is safe: NASSCOM Reading a recent press statement by NASSCOM will make you believe that all is well in the IT world and the downturn ... Read more..

Bupa appoints Patni to provide managed service

Tuesday, November 11th, 2008 Posted in Uncategorized | No Comments »

SOURCE: CBR Online DATE: Nov 9th, 2008 ARTICLE Bupa, a healthcare organization, has appointed Patni Computer Systems, a provider of IT and business process outsourcing services, to provide a managed service for its ... Read more..

CommBank brings in Indian technology consultants TCS

Tuesday, November 11th, 2008 Posted in Uncategorized | No Comments »

SOURCE: The Australian Business DATE: Nov 12th, 2008 ARTICLE COMMONWEALTH Bank has called in an Indian outsourcing firm to work on its $580 million project to replace its core technology systems. But it said ... Read more..

Satyam to buy Motorola’s software unit in Malaysia

Tuesday, November 11th, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: Nov 11th, 2008 ARTICLE City-based Satyam Computer Services has decided to acquire US mobile maker Motorola’s software development centre (SDC) in Malaysia. Satyam will absorb the centre’s 128 employees and take ... Read more..

Loss-making Genworth won’t impact us, says Genpact CEO

Sunday, November 9th, 2008 Posted in Uncategorized | 1 Comment »

SOURCE: EconomicTimes DATE: Nov 10th, 2008 Mohit Soapbox: Genpact released their earning last week and was one of the few bright spots in terms of their earnings and re affirmation of their full ... Read more..

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