Archive for January, 2009

India loses its Davos sparkle – Peter Gumbel

Thursday, January 29th, 2009 Posted in Uncategorized | No Comments »

SOURCE: The Time DATE: Jan 29th, 2009 Mohit Soapbox: Came across this interesting article by Peter who is at the World Economic Forum.  This year the world is focused less on growth stories ... Read more..

Smaller IT vendors feel the pinch of global meltdown – The Hindu

Thursday, January 29th, 2009 Posted in Uncategorized | No Comments »

SOURCE: The Hindu DATE: January 29th, 2009 ARTICLE The economic downturn has impacted the small and mid-sized IT firms more than their larger counterparts as evident in the rather sluggish sequential growth for ... Read more..

Wipro bags UK retailed Morrisons IT system deal

Monday, January 26th, 2009 Posted in Uncategorized | No Comments »

SOURCE: SIFY.COM DATE: Jan 26th, 2009 ARTICLE UK’s fourth largest food retailer Morrisons has selected Wipro Technologies to replace its existing IT systems to support future growth initiatives. Wipro Retail, the specialist division of ... Read more..

Offshoring’s Uncertain Future in 2009

Friday, January 9th, 2009 Posted in Uncategorized | No Comments »

SOURCE: CFO.COM DATE: Jan 09, 2008 Mohit Soapbox: Interesting viewpoint on offshoring and the recent scandal from Satyam. We also do see that the skepticism on offshoring will grow this year. A number ... Read more..

Tesco could move Satyam projects to rivals

Friday, January 9th, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: Jan 9th, 2008 ARTICLE Tesco, the world's third biggest retailer could move its current projects being executed by Satyam Computer Services to other vendors such as Infosys and TCS, on ... Read more..

Financial Scandal at Outsourcing Company Rattles a Developing Country – NY Times

Friday, January 9th, 2009 Posted in Uncategorized | No Comments »

SOURCE: New York Times DATE: Jan 9th, 2009 ARTICLE Ramalinga Raju was contrite, sort of. In an emotionally charged four-and-a-half page letter, Mr. Raju, the chairman and co-founder of one of India’s largest outsourcing ... Read more..

Unisys to keep working for Dr Pepper Snapple

Wednesday, January 7th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Philadelphia Business Journal DATE: January 7th, 2009 ARTICLE Unisys Corp. said Wednesday it has received a one-year outsourcing contract from Dr Pepper Snapple Group Inc. that extends a relationship between the two ... Read more..

Satyam governance failure and what the customers can do

Wednesday, January 7th, 2009 Posted in Uncategorized | No Comments »

If you have been following the corporate governance fiasco in Satyam and the recent revelation by the chairman on the balance sheet gaps, inflated profits as it slowly unravels I ... Read more..

Security fears may deter new outsourcing customers

Wednesday, January 7th, 2009 Posted in Uncategorized | No Comments »

SOURCE: The Hindu DATE: Jan 6th, 2009 ARTICLE Faced with sluggish business volumes, Indian IT services firms could find it even more difficult to convince new customers to offshore to India in the ... Read more..

India’s Madoff? Satyam Scandal Rocks Outsourcing Industry

Wednesday, January 7th, 2009 Posted in Uncategorized | No Comments »

SOURCE: BusinessWeek DATE: Jan 7th, 2009 ARTICLE On the morning of Jan. 7, Ramalingam Raju, the chairman of troubled Indian IT outsourcing company Satyam Computer Services (SAY), sent a startling letter to his ... Read more..