Archive for 2010
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TCS establishes firm footing in UK insurance markets
Tata Consultancy Services (TCS) has become the second-largest insurance business process outsourcing (BPO) provider in the UK, after winning two deals worth £250 million (around Rs1,800 crore). UK-based Capita is the number one player in this space.
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Wipro – A family business grooms its next leader
SOURCE: Wall Street Journal DATE: September 3rd, 2010 Wipro , a publicly traded firm recently announced that the son of it's founder Azim Premji is going to take the role of the Chief Strategy Officer reporting directly to the co-CEO of the firm.
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Deutsche Bank moves work back in house from Infosys
SOURCE: Times of India DATE: Sept 3rd, 2010 Deutsche Bank has moved work back in house from Infosys BPO for some of it's back office processing. Around 150 people have been offered jobs with the MNC captive in Bangalore at a salary 50% average hi
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Supply side challenges for IT/BPO in India
With the market demand ramping up for Indian IT and BPO vendors, finding and keeping right talent is once again becoming an important vendor management discussion for the clients and a high priority HR discussion for the IT/BPO firms. As a numbe
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Firstsource – Moving away from offshore only BPO model
SOURCE: EconomicTimes DATE: August 25th, 2010 In an interview with FirstSource new CEO, Matthew Vallance the article talks about the future growth strategies FirstSource is looking to grow their BPO business ( LINK). To compete with the larger
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Patni Computer Secures Seven-Year Contract With Serco Learning
SOURCE: StockMarketNews DATE: August 24th, 2010 IT and BPO services provider Patni Computer Systems Ltd. said it had secured a seven-year contract for the development and delivery of 'Progresso'--Serco's new information management platform for
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Mid size/small IT offshoring firms gaps widens with larger firms
DATE: August 24th, 2010 SOURCE: EconomicTimes The quarterly results are out for most of the offshoring vendors large and small for the quarter ending June 2010. Where the results show a back to business as usual for larger firms, the smaller and
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Wipro inks deal with Arcor Mittal
SOURCE: Press Release DATE: August 15th, 2010 Wipro Technologies, the global IT services business of Wipro Limited, announced that it has entered into a five year agreement with ArcelorMittal, a steel company, to consolidate and migrate its messa
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Is India ready to put to work the demographic advantage it has ?
Interesting article in Wall Street yesterday on the shift in demographics and how that affects Nation's Wealth by David Wessel (LINK ). The article quotes Dominique Strauss-Kahn who believes that shifting demographics will shift the wealth of natio
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Infosys Q1, 2011 : Facts, Earnings & Learnings
Q1,2011 Earnings: Quarter Ending June 2010 FACTS 38 new clients added. # of active clients - 590 341 million dollar clients, 26 50+ million dollar clients Top 10 client contribute 26.1% of revenue 137 Global Fortune 500 as clients and
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