Archive for April, 2010

Ethics & Governance recommendations released for IT/BPO industry in India

Tuesday, April 27th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: April 27th, 2010 NASSCOM today announced a set of recommendations aimed at further strengthening corporate governance practices in the Indian IT-BPO industry. The report enumerates a set of ... Read more..

Patni wins Universal American insurance outsourcing deal

Tuesday, April 27th, 2010 Posted in DEALS | No Comments »

DATE: April 27th, 2010 Patni wins an IT/BPO deal with Universal American, a health insurance firm primarily focused on providing medicare managed care plans and drug prescription benefits. Universal is rated ... Read more..

MedQuist acquires domestic assets of Spheris

Tuesday, April 27th, 2010 Posted in MandA | No Comments »

SOURCE: Press Release DATE: April 27th, 2010 MedQuist, Inc., a provider of medical transcription software and services, has acquired the domestic business of Spheris, Inc., a provider of clinical documentation technology and ... Read more..

Reverse Outsourcing helping the US ?

Monday, April 26th, 2010 Posted in Uncategorized | No Comments »

SOURCE: FoxNews DATE: April 26th, 2010 Read more..

TCS to get their core banking product installed in Deutsche Bank ?

Monday, April 26th, 2010 Posted in Uncategorized | No Comments »

SOURCE: The Hindu DATE: April 23rd, 2010 Looks like TCS may be working to sell products to their largest revenue vertical, banking sector along with services. According to this press clip, Deutsche ... Read more..

Wipro Q4 2010 – earnings, learnings & metrics

Friday, April 23rd, 2010 Posted in Earnings | No Comments »

FACTS 27 new clients this quarter 121 clients for the fiscal year FY10 Wipro signed up  major deals in Insurance Space – Main Street America ( IT Services), Retail – Best Buy ( IT & ... Read more..

Mindtree to acquire 7Strata, a Remote Infrastructure Management firm

Friday, April 23rd, 2010 Posted in MandA | No Comments »

Mindtree to acquire Remote Infrastructure Management firm 7Strata (http://www.7strata.com ) for Rs 7.2 crores ( approx US $ 1.6 million) in an all cash deal. A number of firms have set ... Read more..

Harsh Manglik appointed NASSCOM chairman for 2010-11

Thursday, April 22nd, 2010 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: April 20th, 2010 Information Technology industry body, the National Association of Software and Services Companies, NASSCOM today announced Mr. Harsh Manglik as the new Chairman of its Executive ... Read more..

TCS to offer engineering services to Rolls Royce aerospace

Wednesday, April 21st, 2010 Posted in DEALS, Uncategorized | No Comments »

TCS seems to be collecting luxury car deals. First it was Jaguar acquisition by Tata's and now TCS will setup an engineering center in Bangalore for Rolls Royce. This deal ... Read more..

Frugal Innovation – From India to rest of the world

Wednesday, April 21st, 2010 Posted in Opinions | No Comments »

APRIL 21st, 2010 Everyone is looking at ways to define and quantify innovations. A number of industry pundits have talked about shifting of innovation from the west to the emerging countries. ... Read more..