Archive for June, 2009

TCS opens new outsourcing center in Mexico

Thursday, June 18th, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: June 18th, 2009 Tata Consultancy Services, India's largest outsourcing firm, has opened a new center in Queretaro, Mexico, the company said on Thursday, a reflection of the growing move ... Read more..

Rio Tinto Signs Legal Services Outsourcing Agreement With CPA Global

Thursday, June 18th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: June 18th, 2009 Rio Tinto today announced that it has entered into a legal services outsourcing agreement with CPA Global that is projected to save Rio Tinto up ... Read more..

Patni appoints Manish Soman EVP and Chief of Operations

Thursday, June 18th, 2009 Posted in Uncategorized | No Comments »

Date: June 17th, 2009 Patni Computer Systems Ltd. (PTI: News ) said it appointed Manish Soman as executive vice president and chief of operations. The company stated that Manish will be ... Read more..

Patni looking to save $25 million in costs.

Monday, June 15th, 2009 Posted in Uncategorized | No Comments »

SOURCE: The Hindu Date: June 15th, 2009 This article talks about how to cope with the economic downturn, Patni is looking at ways to save operating costs. - Reduce bench strength - Consolidate operations , ... Read more..

Delay in payments from clients for Indian IT vendors ?

Monday, June 15th, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes Date: June 15th, 2009 Primarily due to companies filing for bankruptcies and for newer deals, India vendors provide a more lax payment arrangement , there is a rise in receivable ... Read more..

Offshore BPO firms building domestic presence ?

Thursday, June 11th, 2009 Posted in Opinions | No Comments »

Date: June 11th, 2009 [caption id="attachment_1244" align="alignleft" width="286" caption="Corrystone Global Partners"][/caption] A recent article in WSJ and in DNA (Link) talks about how a number of the BPO firms are looking to ... Read more..

Telstra awards outsourcing contract to EDS, Infosys, IBM

Thursday, June 11th, 2009 Posted in DEALS | No Comments »

Date: June 11th, 2009     Telstra awarded a $1.2 billion contract to three vendors and dropped Satyam as it's vendor. EDS and Infosys get the application development and maintenance contract (US $355 million). ... Read more..

eClerx sees a tough FY10

Tuesday, June 9th, 2009 Posted in Uncategorized | No Comments »

SOURCE: MoneyControl Date: June 8th, 2009 eClerx posted excellent results, the company’s year-on-year revenue was up 50% and profit was up 39%. However, PD Mundra, ED, eClerx said that he expected the ... Read more..

Infosys goes to Brazil

Monday, June 8th, 2009 Posted in Uncategorized | No Comments »

Source: EconomicTimes Date: June 8th, 2009 LINK Infosys is planning to go open a center in Brazil to offer nearshoring services to their clients. In the current economic environment typically vendors will not ... Read more..

Genpact to offer new services for US mortgage industry

Monday, June 8th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Genpact Date: June 5th, 2009 Genpact is offerings a web based suite of tools  to lenders for loan modification services. The processing of these will be supported by US based Genpact ... Read more..