Archive for January, 2009
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Infosys to Cut Bonuses, Compensation Packages
SOURCE: Wall Street Journal DATE: Jan 29th, 2009 ARTICLE DAVOS, Switzerland -- Infosys Technologies Ltd., India's second-biggest technology company by sales, warned Wednesday that it will cut employee bonuses and compensation packages in the mon
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Falling US wages make nearshore more attractive – EconomicTimes
SOURCE: EconomicTimes DATE: Jan 20th, 2009 Mohit Soapbox: Nearshoring is looking to be a more viable option. Maybe we should not even call it nearshoring, it is really 'Relocation' of jobs within the same geography. With states, cities in the U
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Top 10 Hidden Costs of Outsourcing – CIOInsight
SOURCE: CIOinsight DATE: January 9th, 2009 Mohit Soapbox: This is a good article on hidden cost to be taken into account when building business cases for justifying offshoring and outsourcing. Besides the obvious costs of IT, Data Licensing, tra
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Some Silicon Valley companies having second thoughts on outsourcing
SOURCE: SiliconValley.com DATE: Jan 29th, 2009 Mohit Soapbox: The current situation with Satyam is bound to benefit Multi National firms like IBM, Accenture which are considered more as local firms rather than Indian firms although they have est
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WNS Announces Neeraj Bhargava to Transition From CEO to Strategic Advisor Role During Second Half of 2009
SOURCE: WNS Press Release DATE: Jan 27th, 2009 Mohit Soapbox: A number of leadership roles in firms in India seem to be opening up with limited # of candidates available to take the reign during these times. WNS (Holdings) Limited (NYSE: WNS)
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Microsoft and Infosys Technologies Create New Alliance Focusing on Supply Chain Visibility and Collaboration for Manufacturers
Press Release DATE: January 29th, 2009 Helping manufacturers manage their increasingly complex global supply chains, Microsoft Corp. and Infosys Technologies have forged a new go-to-market alliance around improving supply chain visibility and col
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‘BBB’ rating on TCS affirmed; Outlook revised to stable
SOURCE: S&P DATE: Jan 30th, 2009 Standard & Poor's Ratings Services today revised its rating outlook on India's Tata Consultancy Services Ltd. (TCS) to stable from positive. At the same time, Standard & Poor's affirmed its 'BBB' long-term corporate
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Nokia signs a 5 year end-to-end Global Helpdesk & Desktop management outsourcing agreement with HCL
Press Release DATE: January 29th, 2009 HCL Technologies Ltd. (HCL), leading global IT services provider, has entered into a multi-year, multi-regional end-to-end global helpdesk and desktop management outsourcing services agreement with Nokia, a
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IBM to Manage Application Development and Maintenance of Sony Ericsson’s Global SAP Applications
Press Release DATE: Jan 29th, 2009 IBM (NYSE: IBM) today announced that the company has signed a five-year outsourcing agreement with Sony Ericsson regarding the management of Application Maintenance and Development of all of Sony Ericsson's SAP
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TCS to provide managed services for 4U
SOURCE: DataMonitor DATE: Jan 30th, 2009 ARTICLE IT services vendor Tata Consultancy Services has won a $100m contract from UK-based telecoms company 4U Group to provide managed IT services. TCS said it will offer a full range of IT and busin
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