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Archive for April, 2009
IBM signs seven-year info tech deal with Sun Life
Thursday, April 9th, 2009 Posted in DEALS | No Comments »
SOURCE: EconomicTimes DATE: April 9th, 2009 ARTICLE IBM has signed a seven-year deal with Sun Life Financial to manage the insurance giant's information technology operations in Canada and the United States. The agreement, which ... Read more..Project delays, price cuts set back Mastek; revenue falls by 5.6%
Thursday, April 9th, 2009 Posted in Uncategorized | No Comments »
SOURCE: LiveMint DATE: April 9th, 2009 ARTICLE Indian IT companies were expected to be among the worst hit owing to the recession in major world economies, so it’s not entirely surprising that Mastek ... Read more..EXL Renews its Strategic Outsourcing Contract With Centrica
Wednesday, April 8th, 2009 Posted in DEALS | No Comments »
SOURCE: Press Release DATE: April 7th, 2009 ExlService Holdings, Inc. ("EXL") (NASDAQ: EXLS) , a leading provider of outsourcing and transformation services, today announced the renewal of its strategic outsourcing relationship with ... Read more..Alcatel-Lucent may outsource global IT – report
Tuesday, April 7th, 2009 Posted in Uncategorized | No Comments »
SOURCE: Reuters DATE: April 6th, 2009 ARTICLE French telecoms equipment maker Alcatel-Lucent (ALUA.PA) is considering outsourcing its information technology globally, Les Echos newspaper reported on Monday without naming its sources. The contract could be ... Read more..Xerox strikes outsourcing deal with HCL Techologies
Tuesday, April 7th, 2009 Posted in DEALS | No Comments »
SOURCE: Reuters DATE: April 7th, 2009 ARTICLE Xerox Corp (XRX.N). will pay $100 million over six years to outsource data-center services to HCL Technologies Ltd (HCLT.BO), one India's largest information technology service providers, ... Read more..Sallie Mae to return 2000 jobs from offshore locations – politics or trend ?
Monday, April 6th, 2009 Posted in Featured, Uncategorized | No Comments »
SOURCE: Wall Street Journal DATE: April 6th, 2009 Mohit Soapbox: Sallie Mae announced today that it will be moving their offshore operations back to the US and create 2000 jobs in the US. ... Read more..TCS to absorb 80 RR Donnelly staff – SIFY
Friday, April 3rd, 2009 Posted in Uncategorized | No Comments »
SOURCE: SIFY DATE: April 2nd, 2009 Mohit Soapbox: We will see a few more of these in the works as firms start consolidating their vendors and start negotiating for better rates. Some of the ... Read more..TCS plans to shift non-performers to subsidiaries
Friday, April 3rd, 2009 Posted in Uncategorized | No Comments »
SOURCE: EconomicTimes DATE: April 2nd, 2009 Mohit Soapbox: Note to self.. Add the list of TCS susbsidaries as firms not to recommend or do business with. I assume that the author of this ... Read more..BofA’s overseas workforce has grown sharply – Charlotte Observer
Friday, April 3rd, 2009 Posted in Uncategorized | No Comments »
SOURCE: Charlotte Observer DATE: April 3rd, 2009 Mohit Soapbox: Is the article emphasizing more on the growth of overseas workforce when the real story is that the bank has grown by acquisitions of other ... Read more..HCL goes for salary freeze, bonus cutbacks
Friday, April 3rd, 2009 Posted in Uncategorized | No Comments »
SOURCE: Business Standard DATE: April 2nd, 2009 ARTICLE IT major HCL Technologies has decided to mitigate pressures on operating margins by freezing salary increments through 2009-10. The company has told its employees that there ... Read more..