Archive for February, 2009
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Cutback on outsourcing will only hit US: India Inc
SOURCE: Times of India DATE: Feb 26th, 2009 Mohit Soapbox: I tend to agree with the statement NASSCOM has made that is India Inc reading too much between the lines and jumping on conclusions which may or may not be correct. President Obama has a
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Origin Energy to Move Back-Office Billing Functions to Wipro
SOURCE: Bloomberg DATE: Feb 24th, 2009 ARTICLE Origin Energy Ltd., Australia’s second-biggest energy retailer, said it will move back-office billing functions to Wipro Ltd., outsourcing 400 jobs, including 270 employees that will transfer to Wip
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Acquiring Outsourcing Companies: Not for the Squeamish
SOURCE: ECT DATE: Feb 24th, 2009 ARTICLE Shrinking client pools, lack of access to credit and competition from offshore destinations are squeezing some business process outsourcing service providers in the United States. With declining revenues co
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‘The crisis is an outstanding opportunity to change your business model’ – NASSCOM Roundtable
SOURCE: Business Today DATE: Feb 19th, 2009 Mohit Soapbox: It is interesting to hear views from the Indian IT leadership. From hearing leadership in Wipro talk about ruthless cost cutting as a key CEO role to moving to transformational partners
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iGATE expands Hyderabad facility
SOURCE: The Hindu DATE: Feb 19th, 2009 Mohit Soapbox: Looks like the expansion is for RBC Financial Group. Companies specially mid size firms are not really into real estate expansion right now without committed client dollars. ARTICLE HYD
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IT cos struggling with cross currency risks
SOURCE: MoneyControl DATE: Feb 19th, 2009 ARTICLE The troubles of Indian IT never seems to end. Now, Indian IT firms have been negotiating hard with clients to protect themselves from cross currency risks––a request that's not been taken k
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Increase in US outsourcing less offshoring – TMCNet
SOURCE: TMCNet Date: Feb 19th, 2009 Mohit Soapbox: This seems to be a common theme across latest outlook on global outsourcing reports. We see that trend to with our clients where there is more queries about leveraging locations domestically in
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Government IT more likely to go offshore – VUNet
SOURCE: VUNet DATE: Feb 19th, 2009 Mohit Soapbox: Winning public sector and government contracts to move work offshore is a tough proposition to sell specially in today's economic turmoil. Yes there could be project based work which may need to
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How will bidders value Satyam? – Business Standard
SOURCE: Business Standard DATE: Feb 19th, 2009 ARTICLE How does one put a value to Satyam Computer Services when its financial position is not known? This is one question that's uppermost in the minds of analysts, marketmen and industry exper
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UC jobs sent off campus to India
SOURCE: Canberra Times DATE: Feb 20th, 2009 ARTICLE The University of Canberra will axe about 50 local workers and send their jobs to India in a bid to save money. Vice-chancellor Professor Stephen Parker said the university council had signe
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