Archive for September, 2010

TCS wins $50 million deal with Australian energy firm AGL

Wednesday, September 29th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Australian IT DATE: September 29th, 2010 ENERGY supplier AGL has inked a $50 million-plus deal with Tata Consultancy Services Australia as the IT services firm doubles its training budget to $1m. ... Read more..

Crisil (Irevna) to buy Pipal for $13 m – KPO M&A news

Tuesday, September 28th, 2010 Posted in Uncategorized | No Comments »

SOURCE: The Hindu DATE: Sept 22nd, 2010 Crisil has signed an agreement to purchase the business of Pipal Research Corporation (Pipal), a leading player in the knowledge process outsourcing (KPO) industry for ... Read more..

Ohio bans sending government IT projects offshore – an opportunity for global offshoring firms

Sunday, September 19th, 2010 Posted in Uncategorized | No Comments »

SOURCE: IBNLive DATE: Sept 8th, 2010 Ohio Governor signed an executive order last month, prohibiting "the expenditure of public funds for services provided offshore." Ohio one of the mid west state has ... Read more..

Cognizant buying Genpact – maybe not

Sunday, September 19th, 2010 Posted in Uncategorized | No Comments »

A lot of news floating recently around Cognizant looking to buy Genpact. Genpact shares continue to edge up too. We have been talking about the potential synergies between IT and BPO firms. ... Read more..

TCS buys captive unit of retailer SuperValu

Sunday, September 19th, 2010 Posted in Uncategorized | No Comments »

SOURCE: Times of India DATE: September 16th, 2010 Another asset sale for an India captive. With the deal volume reducing in size, the outsourcing market place has been transforming and asset deals ... Read more..

TCS establishes firm footing in UK insurance markets

Thursday, September 2nd, 2010 Posted in Uncategorized | No Comments »

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 ... Read more..

Wipro – A family business grooms its next leader

Thursday, September 2nd, 2010 Posted in Uncategorized | No Comments »

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 ... Read more..

Deutsche Bank moves work back in house from Infosys

Thursday, September 2nd, 2010 Posted in Uncategorized | No Comments »

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 ... Read more..