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Aricent on a hiring spree in India
Fetched: October 10th, 2008, 10:42pm EDT
Aricent, a global innovation, technology and outsourcing company focused on the communications industry, today announced plans to expand its global workforce by up to 10 per cent by year end -
Hard times ahead for mid-cap IT cos
Fetched: October 10th, 2008, 10:42pm EDT
Analysts see hard times ahead for mid-cap information technology companies as firms cut prices to beat rivals for a share of a shrinking pie. -
Credit crisis to dent growth at Indian IT firms
Fetched: October 10th, 2008, 10:42pm EDT
Markets will focus on companies' comments on the pricing environment and hiring plans, key demand indicators, amid concerns the spreading crisis could cripple outsourcing demand. -
Intelenet eyes legal process outsourcing
Fetched: October 9th, 2008, 10:58pm EDT
Blackstone-backed BPO firm Intelenet is looking at legal process outsourcing (LPO), education and HR outsourcing as new areas to steer growth in the domestic market. -
TCS takes a lead, but deal raises a few concerns
Fetched: October 8th, 2008, 9:16pm EDT
The acquisition of Citigroup’s BPO arm marks the entry of the IT giant TCS into the outsourcing space for core banking operations. -
TCS captures Citi captive in $505-m deal
Fetched: October 8th, 2008, 9:16pm EDT
India’s largest IT service provider Tata Consultancy Services (TCS) has concluded a deal to acquire Citigroup Global Services Ltd (CGSL). -
Wipro appoints country head for France
Fetched: October 8th, 2008, 9:38am EDT
Wipro Technologies has announced the appointment of Christophe Martinoli as the country head of France operations. -
Citi selling India back office to TCS for $505 mn
Fetched: October 8th, 2008, 9:38am EDT
Citigroup plans to sell its Indian back office operation to TCS, people familiar with the matter said, in a deal that would worth $505 mn. Indian cities among global IT hubs
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Analysts see IT cos missing their earnings estimates
Fetched: October 7th, 2008, 9:44pm EDT
Far from the revival that was expected to boost the earnings of software firms in the second half of the fiscal, the second quarter results are now expected to signal more gloom for FY09 revenue and earnings. -
Convergys to hire 2,500 new agents in India
Fetched: October 7th, 2008, 9:44pm EDT
Convergys Corporation plans to add 2,500 contact center agents in India by the end of the year. The company has more than 13,000 employees in India.