Archive for February, 2009

Cutback on outsourcing will only hit US: India Inc

Wednesday, February 25th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

Origin Energy to Move Back-Office Billing Functions to Wipro

Wednesday, February 25th, 2009 Posted in DEALS | No Comments »

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 ... Read more..

Acquiring Outsourcing Companies: Not for the Squeamish

Tuesday, February 24th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

‘The crisis is an outstanding opportunity to change your business model’ – NASSCOM Roundtable

Friday, February 20th, 2009 Posted in Opinions | No Comments »

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 ... Read more..

iGATE expands Hyderabad facility

Friday, February 20th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

IT cos struggling with cross currency risks

Friday, February 20th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

Increase in US outsourcing less offshoring – TMCNet

Thursday, February 19th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

Government IT more likely to go offshore – VUNet

Thursday, February 19th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

How will bidders value Satyam? – Business Standard

Thursday, February 19th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

UC jobs sent off campus to India

Thursday, February 19th, 2009 Posted in Uncategorized | No Comments »

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 ... Read more..

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