News
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Article | 19/04/2013 Wipro's IT services business posts slow growth in difficult marketIndian outsourcer Wipro reported slow revenue growth in its IT services business, reflecting a continued volatility in the outsourcing market.
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Article | 17/04/2013 Tata reports strong revenue and profit growth despite uncertain marketIndia's Tata Consultancy Services reported strong first quarter revenue and profit growth, despite indications that the outsourcing market is still un...
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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 | 9/04/2013 Tata to acquire French IT services company AltiTata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market.
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Article | 19/03/2013 IT outsourcing market slumps to 10-year lowLast year was the worst for the IT services contract market since 2002, according to research from analyst Ovum.
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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 | 12/02/2013 Indian outsourcing trade body forecasts recoveryIndia's provision of outsourcing services to other countries will grow by 12 to 14 percent in the fiscal year starting April 1, a trade body predicted...
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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 | 9/11/2012 Manufacturer sues IBM over SAP project 'disaster'IBM has been slapped with a multimillion dollar lawsuit by chemical products manufacturer, Avantor Performance Materials, which alleges that IBM lied ...
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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 | 2/11/2012 Wipro's revenue growth continues to slideWipro said Friday its IT services business grew only 4.6 percent in U.S. dollar terms in the quarter ending Sept. 30, a much slower rate of growth ref...
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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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