Archive for May, 2009

Attrition Rate in offshoring firms – Factsheet

Thursday, May 21st, 2009 Posted in Fact Sheet | No Comments »

Date: Mar 21st, 2009 Reporting Attrition has become an art! There are multitude of ways companies can track or report attrition. From the day one of employment, from employees completing six ... Read more..

mPhasis Q2 2009 earnings up by 52.3% and net income up 219%

Thursday, May 21st, 2009 Posted in Uncategorized | No Comments »

Source: Press Release Looks like mPhasis has benefited from a change in leadership and acquisition by EDS. Mphasis Group has declared an increase of 3.19 times in the net profit for the ... Read more..

Wipro top exec salaries for FY09

Wednesday, May 20th, 2009 Posted in Fact Sheet | No Comments »

Suresh Vaswani:$371,014, Suresh Senapaty:$334,831 Girish Paranjpe: $353,312 Read more..

HCL Tech bags order from MTV Networks – The Hindu

Wednesday, May 20th, 2009 Posted in DEALS | No Comments »

Date: May 21st, 2009 SOURCE: The Hindu HCL Technologies has bagged an outsourcing services contract from MTV Networks (MTVN) in the US, for online media platform development. Though HCL Tech did not divulge ... Read more..

Australian Banks Cut Back on Indian Outsourcing

Wednesday, May 20th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Business Week DATE: May 20th, 2009 The article below talks about how the Australian banks are asking more onsite delivery for their services vs offshoring. It is interesting to see that ... Read more..

Yash Birla Group acquires Melstar Information Technology

Wednesday, May 20th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: May 21st, 2009 The Rs 3,000-crore Yash Birla Group (YBG) marked its foray into the IT sector with the acquisition of Mumbai-based Melstar Information Technologies. Listed on the ... Read more..

Mastek names Tom Rogerson global product manager

Tuesday, May 19th, 2009 Posted in Uncategorized | No Comments »

Date: May 19th Mastek, the international software solutions company has appointed Tom Rogerson as global product manager. Tom joins Mastek from CSC, where he spent 14 years developing the company's proposition in ... Read more..

Is Accenture getting ready to undercut the Indian Vendors ?

Tuesday, May 19th, 2009 Posted in Opinions | No Comments »

May 18th, 2009   A recent article in EconomicTimes  (Link) talks about Accenture proposing to setup a separate unit to offer lower cost services to it's client.  Services which will be 10% ... Read more..

Reliance BPO chief Virmani resigns – LiveMint

Tuesday, May 19th, 2009 Posted in Uncategorized | No Comments »

SOURCE: LiveMint Date: May 18th, 2009 Rajnish Virmani, president and chief operating officer of Reliance BPO Pvt. Ltd, has resigned, a person close to the development said. Reliance BPO is the Reliance-Anil Dhirubai ... Read more..

Virtusa earnings release – quarterly income down to $3.6 million

Tuesday, May 19th, 2009 Posted in Uncategorized | No Comments »

Date: May 18th, 2009 Virtusa Corporation, a global IT services company, ended the fourth quarter of fiscal 2009 with $41.4 million revenue, registering a decrease of eight per cent year-over-year and ... Read more..