Archive for March, 2009

Firstsource recasts operations; goes in for decentralisation

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

SOURCE: EconomicTimes DATE: March 25th, 2009 ARTICLE BPO Firstsource Solutions has joined other firms such as Avesthagen and Bharti which have already announced or are set to announce a rejig of their organisational ... Read more..

International auto supplier Continental inaugurates technical centre in Bangalore

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

SOURCE: The Hindu DATE: March 24th, 2009 ARTICLE International automotive supplier, Continental on Wednesday inaugurated its new technical facility at Bommanahalli, Bangalore. The centre has been set up to develop automotive technology and ... Read more..

Intuit to invest over $45 mn in India in FY 10 – LiveMint

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

SOURCE: LiveMint DATE: March 24th, 2009 ARTICLE US-based software firm, Intuit Inc, plans to invest over $45 million in India in fiscal 2010 (beginning August), to fuel its expansion and enlarge its product ... Read more..

43 House Dems Blast JP Morgan’s Plan to Invest $400M in India

Sunday, March 22nd, 2009 Posted in Uncategorized | No Comments »

SOURCE: TPM DC DATE: March 17th, 2009 Mohit Soapbox: Wonder if this is the next shoe to fall after the AIG bonus outrage gets old and the congress is looking for the next ... Read more..

Genpact looking for acquisitions – JP Morgan

Sunday, March 22nd, 2009 Posted in Uncategorized | No Comments »

SOURCE: Reuters DATE: March 18th, 2009 Mohit Soapbox: Genpact is in a good position to be an acquirer but has continued to suffer a below IPO stock price which has continued a small ... Read more..

Accenture India puts expansion plan on hold – Business Standard

Sunday, March 22nd, 2009 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: March 22nd, 2009 ARTICLE Plan to add 200,000 sq ft space in Chennai deferred. Consulting and tech outsourcing services firm, Accenture, is keeping on hold its expansion plans in Bangalore ... Read more..

Sykes to close branch due to lack of employees

Monday, March 16th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Yahoo DATE: March 17th, 2009 Mohit Soapbox: Sykes has had an interesting journey coming back nearshore to the US from India, closing their presence in India, I think back in 2005 to ... Read more..

BPO sector blues: Growth declines from 40% to 15% – Financial Chronicle

Monday, March 16th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Financial Chronicle DATE: March 16th, 2009 Mohit Soapbox: The #'s going down from 40% to 15% do look fairly steep and no one would have projected a steep fall vs a gradual ... Read more..

HCL Bags US$350M seven year outsourcing contract From Reader’s Digest

Monday, March 16th, 2009 Posted in DEALS | No Comments »

SOURCE: Press Release DATE: March 16th, 2009 Mohit Soapbox: One of the few large outsourcing contracts to be signed in the recent days. HCL has been focused on building their infrasructure management practice ... Read more..

Infosys Looking for Acquisitions

Monday, March 16th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Wall Street Journal DATE: March 17th, 2009 ARTICLE By DEEPALI GUPTA MUMBAI -- Infosys Technologies Ltd., India's second largest software exporter by revenue, is looking for small acquisitions in the range of $100 ... Read more..