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Archive for May, 2010
Aegis an Indian Outsourcing firm buys Sallie Mae back office in TX
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »
Sallie Mae had earlier last year announced that it was pulling 2,000 jobs back to the US. Part of the reason they did that was to continue to be the ... Read more..IBM to hire staff in the US to provide technical support to US customers
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »
SOURCE: BusinessWeek DATE: May 18th, 2010 IBM Corp. said Monday that it's hiring up to 800 technical jobs for a new service center in Columbia, Mo. The center will provide information technology services ... Read more..Capgemini – an ‘Indian IT vendor’ wins £12m Scottish Justice system contract
Tuesday, May 18th, 2010 Posted in Public Sector Deals | No Comments »
SOURCE: Computing UK DATE: May 18th, 2010 As per the author, Capgemini a french firm which became an indo-french firm and not an Indian IT player won a government contract to overhaul ... Read more..Mid Size Outsourcing firm Mastek looking for acquisitions
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »
Mastek is looking to go the inorganic growth route by potentially acquiring firms in the US, UK with revenues ranging from $20-$30 million. Mastek, which has seen it's revenues decline ... Read more..India, US negotiate captive unit taxation rate
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »
SOURCE: EconomicTimes DATE: May 18th, 2010 India has settled a dispute over taxing profits of captive IT services units and research arms of US firms, bolstering New Delhi’s position as a preferred ... Read more..Capgemini to hire additional 4,000 staff in India by end of June
Monday, May 17th, 2010 Posted in Uncategorized | No Comments »
SOURCE: Rediff DATE: May 18th, 2010 Capgemini current employee strength in India is 23,353 as of end of first quarter. They hired around 2,500 people. More.. Read more..Satyam looks at $20 million dollar revenue from FIFA
Saturday, May 15th, 2010 Posted in Uncategorized | No Comments »
SOURCE: Business Standard DATE: May 15th, 2010 Satyam Computer Services Ltd (rebranded as Mahindra Satyam to reflect its ownership by Tech Mahindra), is expecting to garner close to $20 million (Rs 90 ... Read more..Alstom and Infosys Technologies Partner to Develop Next Generation Power Solutions
Saturday, May 15th, 2010 Posted in Uncategorized | No Comments »
SOURCE: Press Release DATE: May 14th, 2010 Alstom, a world leader in energy and rail transport infrastructure and Infosys Technologies Limited (NASDAQ: INFY), today announced the expansion of their strategic partnership in ... Read more..UK based legal firm CMS Cameron McKenna to outsource work to Integreon
Saturday, May 15th, 2010 Posted in DEALS | No Comments »
SOURCE: Press Release DATE: May 14th, 2010 Looks like over the new four months Integreon will be conducting an assessment of various back office functions for the firm to identify what it ... Read more..IBM opens QuickTransit system software lab in Manchester
Saturday, May 15th, 2010 Posted in Uncategorized | No Comments »
SOURCE: The Register UK DATE: May 14th, 2010 IBM has opened up a software development lab in Manchester, focusing on various systems programs that run on its Power Systems iron. The lab is ... Read more..