Wipro, India's third largest outsourcer, said on Wednesday that its IT services business had grown by 20 percent to US$1.4 billion for the quarter ended March 31, reflecting strong demand from outside the country for offshore services.
Indian outsourcers Tata Consultancy Services (TCS), and HCL Technologies reported this week strong revenue and profit growth for the quarter ended March 31, as outsourcing by clients to offshore locations picked up.
Setting up offshore IT services and business services subsidiaries has once again become a preferred route for multinational companies wanting to tap talent in low-cost locations, analysts said. The subsidiaries are known in the outsourcing industry ...
Indian outsourcer Infosys Technologies has reported growth in revenue and profit for the quarter ended March 31, but analysts remain concerned that the company's risk-aversion and impending management changes may slow it down in comparison to competi...
The proposed acquisition of an IT services company by India’s largest business process outsourcing (BPO) firm, Genpact, has fueled a debate on whether pure-play BPO firms in the country can survive independently.
Indian outsourcer Wipro is acquiring the oil and gas IT services practice of the Commercial Business Services business unit of Science Applications International Corporation (SAIC).
Outsourcer Satyam Computer Services has challenged in a court in India a demand for rupees 6.16 billion (US$134 million) from India’s Income Tax Department, adding a new twist to the problems at the troubled company.
Capgemini Consulting, a specialist in strategy and transformation, is about to transform its own strategy for the second time in two years. To cope with the change, the company plans to recruit up to 1,000 staff this year, predominantly younger worke...
MindTree, a mid-size Indian outsourcer, has developed its own remote IT infrastructure management service delivery platform, MWatch, in a bid to differentiate its remote management services from those of its larger competitors.
Indian outsourcer, Satyam Computer Services, which is on the recovery after a corporate scandal, said that revenue and net profits grew in the third quarter ended Dec. 31.
Outsourcer Cognizant Technology Solutions has reported strong revenue and profit growth for the quarter and year ended Dec. 31, reflecting an overall buoyancy in the market for offshore services.
India’s outsourcing industry has witnessed a rebound in growth, according to the National Association of Software and Service Companies (Nasscom), a trade body.
Wipro will replace the joint CEOs of its IT business with a single chief executive, the company said Friday after reporting lackluster results.
Tata Consultancy Services (TCS), India's largest outsourcer, reported on Monday strong growth in revenue and profit for the quarter ended Dec. 31, citing a strong demand for its services.
Indian outsourcer Satyam Computer Services plans to offer cloud-based services to customers as one of many plans to recover ground it lost during a financial scandal at the company.
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