HCL goes for salary freeze, bonus cutbacks

Friday, April 3rd, 2009 Posted in Uncategorized | No Comments »

SOURCE: Business Standard DATE: April 2nd, 2009 ARTICLE IT major HCL Technologies has decided to mitigate pressures on operating margins by freezing salary increments through 2009-10. The company has told its employees that there ... Read more..

Fidelity puts Indian tech services unit up for sale

Monday, December 15th, 2008 Posted in Uncategorized | No Comments »

SOURCE: CBR Online DATE: Dec 16th, 2008 Mohit Soapbox: Next captive in line after citibank looking to sell their captives. Seems like the era of large scale captives is almost over. Given the ... Read more..

Barclays and HBOS slash contractor rates

Tuesday, July 29th, 2008 Posted in Uncategorized | No Comments »

SOURCE: The Register.UK DATE: July 29th, 2008 ARTICLE Barclays is cutting IT contractor rates by ten per cent across the group, less than a month after cutting 1,800 IT jobs.Back in May Barclays ... Read more..

Barclays to offshore 1,800 UK tech jobs

Monday, July 14th, 2008 Posted in Uncategorized | No Comments »

SOURCE: SILICON.COM DATE: July 14th, 2008 ARTICLE Barclays is to cut 1,800 IT posts in the UK as part of plans to create centrally managed technology "centres of excellence" in key offshore locations ... Read more..

Barclays to set up captive BPO in India

Friday, May 9th, 2008 Posted in Uncategorized | No Comments »

SOURCE: EconomicTimes DATE: 10th May, 2008 Mohit Soapbox: This is interesting today when Citi is scrambling to explain their growth strategy to their investors and looking to possibly sell of their captive businesses, recent ... Read more..