Archive for 2010

iGate to buy controlling stake in Patni ?

Monday, December 27th, 2010 Posted in Uncategorized | No Comments »

The Patni saga might finally be seeing the light at the end of tunnel if iGate along with Apax Partners ( A consortium of private equity investors) buys 63% of ... Read more..

Wipro Technologies partners with Canadian bank service provider

Tuesday, November 23rd, 2010 Posted in Uncategorized | No Comments »

SOURCE: Canadian Press DATE: November 23rd, 2010 Wipro Ltd. (NYSE:WIT), an India-based IT and outsourcing company, has formed a joint venture with Davis + Henderson Income Fund (TSX:DHF.UN), the supplier of cheques ... Read more..

Patni founders to sell stake to Carlyle, Advent

Tuesday, November 23rd, 2010 Posted in Uncategorized | No Comments »

SOURCE: Reuters DATE: Nov 23rd, 2010 News about Patni founders looking to exit the company has been off and on in news now for a number of years. Earlier deals seem to ... Read more..

Zensar to buy US based Akibia for $66 million

Monday, November 22nd, 2010 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: Nov 21st, 2010 Indian firms continue to invest/partner/buy US based infrastructure management firms. Infrastructure Management deals need local presence as much as remote presence and specially the consulting ... Read more..

Indian Offshore Vendors increase subcontracting to smaller firms ?

Thursday, November 18th, 2010 Posted in Uncategorized | No Comments »

An article in Indiatimes indicated  ( Infosys, TCS, Wipro parcel off work to small companies) that the larger India based offshoring firms are looking to increase their subcontracting activities for ... Read more..

Patni appoints Rajiv Ranjan as global head of business operations

Tuesday, November 9th, 2010 Posted in Uncategorized | No Comments »

IT and BPO services provider, Patni today announced the appointment of Rajiv Ranjan as the executive vice-president and global head of business operations. Part of Patni's executive leadership team, Ranjan will ... Read more..

Capgemini expands delivery capability in Latin America

Tuesday, November 9th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: Nov 9th, 2010 Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced that it is growing its BPO footprint in Latin America ... Read more..

Remarks by the President to U.S.-India Business Council and Entrepreneurship Summit

Monday, November 8th, 2010 Posted in Uncategorized | No Comments »

Quote "In 2010, trade between our countries is not just a one-way street of American jobs and companies moving to India.  It is a dynamic, two-way relationship that is creating jobs, ... Read more..

Wipro secures major IT Services Contract with Electricity North West Limited

Monday, November 8th, 2010 Posted in Uncategorized | No Comments »

Source: Press Release Wipro Technologies the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE:WIT), today announced that it has entered into a 5 year strategic partnership with ... Read more..

HCL Wins Australian life science firm deal

Monday, November 8th, 2010 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: Nov 8th, 2010 IT firm HCL Technologies on Monday made an entry into the Australian life sciences market by signing a deal with clinical research organisation Novotech to provide ... Read more..