Archive for May, 2010

WNS Q4 2010 – earnings, learnings & metrics

Wednesday, May 26th, 2010 Posted in Earnings | No Comments »

FACTS Europe remains unstable and currency risks for Europe continue to be a factor for decline in WNS revenues. High dependency on Europe for auto claims business and the currency risk ... Read more..

ACS to buy HR outsourcing unit from HP

Wednesday, May 26th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: May 25th, 2010 Affiliated Computer Services (ACS), A Xerox Company  , today announced a definitive agreement to acquire ExcellerateHRO, LLP (EHRO), a global benefits administration and relocation services ... Read more..

Syntel opens up new facility in Chennai

Wednesday, May 26th, 2010 Posted in Uncategorized | No Comments »

Syntel, Inc. , a global information technology services and Knowledge Process Outsourcing (KPO) firm, will officially inaugurate the first phase of its state-of-the-art technology campus in Chennai, India on Saturday, ... Read more..

TCS implements Bancs product at National Bank of Kuwait

Wednesday, May 26th, 2010 Posted in Uncategorized | No Comments »

DATE: 26th May 2010 SOURCE; IBS Journal National Bank of Kuwait (NBK) has gone live with TCS’ core banking system, Bancs. This has been a flagship project for TCS in the region, ... Read more..

Numb3rs: 2010 Enterprise IT spend to be up by 4.1%

Wednesday, May 26th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Gartner DATE: May 18th, 2010 2010 Enterprise IT spend: > $2.4 trillion 2009 Enterprise IT spend: $2.3 trillion Manufacturing & Natural Resources: $428.8 billion Banking and Securities: $396.8 billion Communication, Media & Services: $394.1 billion National  ... Read more..

Insurance IT-BPO integrated offering – Genpact, Mastek announce strategic partnership

Tuesday, May 25th, 2010 Posted in Opinions | No Comments »

SOURCE: Press Release DATE: May 25th, 2010 This is a trend which we have been saying for some time now is going to be more of the norm over the next 9 to 12 ... Read more..

Genpact signs India based Carnation Auto for a 5 year deal

Tuesday, May 25th, 2010 Posted in DEALS, India | No Comments »

SOURCE: Press Release DATE: May 24th, 2010 Interesting that a Premji ( Wipro CEO ) funded firm looking to Genpact to help with business process management. Genpact Limited , a global leader in ... Read more..

Capgemini to buy Bank of America BPO arm ?

Monday, May 24th, 2010 Posted in Uncategorized | No Comments »

SOURCE: CNBC-TV18 DATE: May 24th, 2010 If the story below is to be believed, this would be one of the few last captives in financial services which has reached a stage of ... Read more..

Avantha acquires US healthcare BPO firm

Wednesday, May 19th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: May 18th, 2010 Gautum Thapar’s Avantha Group on Wednesday announced that it had acquired US (Florida)-based Pyramid Healthcare Solutions in a deal that values it at $20 million ... Read more..

Zenta, a BPO firm launches HAFA Compliant Loss Mitigation Program

Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Press Release DATE: May 18th, 2010 In partnership with one of the nation’s largest and most successful distressed asset sub-servicers, ZENTA today announced the successful implementation of an end to end ... Read more..