News
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Article | 12/04/2013 Infosys' profit drops in 'challenging' marketIndian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investment...
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Article | 27/02/2013 Tata agrees to pay $30 million to settle employees' lawsuit in the USIndian outsourcer Tata Consultancy Services has agreed to settle a class action lawsuit by paying US$30 million to employees deputed for work in the U...
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Article | 18/01/2013 India's Wipro benefits from recovery in offshoringWipro's fourth-quarter IT services revenue grew 4.8 percent year on year, reflecting an overall recovery in offshoring to India.
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Article | 14/01/2013 Tata posts strong revenue, profit growth as offshoring recoversTata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering.
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Article | 11/01/2013 Infosys revenue rises, but costs cut into profitsRevenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses.
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Article | 7/11/2012 Outsourcing contracts down by 19 percent, says research firmThe number of new IT and business process outsourcing contracts worldwide dropped year-on-year in the third quarter, with contract values also decreas...
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Article | 1/11/2012 India's Wipro moving non-IT businesses out of the companyWipro has decided to move its non-IT businesses out of the company to give it a higher focus on IT services, it said Thursday.
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Article | 19/10/2012 Tata beats rival Infosys in revenue, profit growthTata Consultancy Services on Friday reported strong revenue and profit growth in the third quarter, citing a pick-up in discretionary spending by cust...
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Article | 15/11/2011 LinkedIn sets up engineering center in IndiaOnline professional network LinkedIn has set up a technology center in India that will focus on engineering and operating the company's products and s...
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Article | 9/11/2011 Tata's UK subsidiary gets $2.2 billion BPO orderTata Consultancy Services (TCS) has bagged a £1.37 billion (US$2.2 billion) business process outsourcing order from Friends Life, a provider of pensi...
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Article | 12/10/2011 Infosys reports strong financial results in difficult timesIndia's second-largest outsourcer, Infosys, reported strong revenue and profit growth for the quarter ended Sept. 30, despite concerns about economic ...
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Article | 29/08/2011 Budget cuts and uncertainty ahead for Indian outsourcersEconomic problems in the U.S. are likely to lead to cuts in IT budgets, of up to 10 percent in some cases, according to a report released Monday by Of...
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Article | 25/08/2011 India exempts outsourcers from new privacy rulesPersonal data sent to India by customers outsourcing work to companies in the country will not be covered under new rules governing the collection of ...
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Article | 23/08/2011 Offshoring pioneer GE to hire 1100 American IT workersTo those who know their IT outsourcing history, GE and offshoring are practically synonymous.
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