Archive for August, 2009

BPO companies valuation in India down 45%

Friday, August 28th, 2009 Posted in Uncategorized | No Comments »

SOURCE: CNBC DATE: August 28th, 2009 A number of Indian BPO - captives and pure play are up for sale. More.. Read more..

TCS sees 30 to 100 million dollar revenue from BP deal

Thursday, August 27th, 2009 Posted in Uncategorized | No Comments »

SOURCE: Wall Street Journal DATE: August 26th, 2009 Tata Consultancy Services Ltd. (532540.BY) expects $30 million to $100 million in annual revenue from its recently won outsourcing deal from BP Plc (BP), ... Read more..

Accenture to lay off 7% senior staffers in the US

Friday, August 21st, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: August 22nd, 2009 Accenture continues to trim their bottomline and manage cost in times when consulting revenues growth seems flat. Firms which have cost to trim continue to do ... Read more..

Genpact looking to buy 50% stake in WNS

Thursday, August 20th, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: August 19th, 2009 Genpact, the country’s largest pure-play BPO, is in the race for acquiring Warburg Pincus’ 50% stake in WNS Global Services, pitting itself India's top 10 BPOs ... Read more..

Avaya GlobalConnect outsources IT operations to TCS

Thursday, August 20th, 2009 Posted in DEALS, India | No Comments »

http://www.cxotoday.com/India/News/Avaya_GC_Outsources_IT_Services_to_TCS/551-105658-908.html Read more..

Cognizant comes to Phoenix

Monday, August 17th, 2009 Posted in Uncategorized | No Comments »

Cognizant to offer BPO services from Phoenix. Looks like this is to service one of their clients in healthcare which would have asked Cognizant to provide nearshore facilities. http://www.business-standard.com/india/news/cognizant-to-offer-bpo-servicesphoenix-centre/70982/on Read more..

Mphasis to buy AIG Captive in India

Friday, August 14th, 2009 Posted in Uncategorized | No Comments »

SOURCE: The Hindu DATE: August 14th, 2009 In yet another deal involving firms selling their captive units to vendors, AIG Systems, the India based outsourcing arm of AIG will be bought by ... Read more..

PSI Data now Aditya Birla Minacs IT

Friday, August 14th, 2009 Posted in Uncategorized | No Comments »

Aditya Birla group has conslidated their IT group - PSI Data with their BPO arms Aditya Birla Minacs.  Looks like the group is planning to leverage a single brand name ... Read more..

S and P to shift analytical jobs to India

Friday, August 14th, 2009 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes Date: August 14th, 2009 S & P looking to shift more high end jobs to India. S & P has a 25% stake in the firm Crisil. A team in ... Read more..

Sequoia buys stake in eClerx

Friday, August 14th, 2009 Posted in Uncategorized | No Comments »

DATE: August 14th, 2009 SOURCE: IndiaInfoLine Sequoia has bought 6% stake in knowledge processing firm eClerx. More... Read more..

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