Hopes rise of many new Tata jobs after Britain announces loanSeptember 22nd, 2009 LONDON - Hopes of new jobs have risen in Britain again after the government announced a loan of 10 million pounds to Tata Motors to manufacture an electric version of its Indica Vista car in this country. But a source close to Tata Motors gave a measured response Tuesday, saying there will be "a few" new jobs - and they will be mostly in engineering.
Union expresses anger over British Council outsourcing jobs to IndiaJuly 29th, 2009 LONDON - A decision to recruit at least 100 Indian workers, if not more, to fill finance and IT posts at the British Council in New Delhi and other parts of India has infuriated unions, who fear that this could be the blueprint for Whitehall. Final decisions about which jobs will go to India will be taken in the next few weeks, but they are expected to include 58 finance posts, up to 40 IT posts and 15 posts for a new centre of excellence, The Times reports.
CII to host India IT Summit 2009 in Kerala next monthNovember 3rd, 2009 KOCHI - The Confederation of Indian Industry (CII) will organise a two-day India IT Summit 2009 here next month, an initiative that is expected to accelerate growth of information technology (IT) in Kerala. To begin Dec 10, the event themed "Changing Role of India in Global IT Business" will consist of three plenary sessions.
Google Street View lands Brit love cheat in divorce troubleMarch 31st, 2009 LONDON - A Brit man is facing divorce after his wife spotted his car parked outside another woman's house, via Google's Street View application. His wife saw the Range Rover using the Internet giant's new Street View service, while she was spying on a female friend's home.
Logistics outsourcing business to reach $90 mn by 2012December 28th, 2008 NEW DELHI - Third party logistics outsourcing business in India will grow to $90 million from the present $58 million by 2012, according to a study released Monday. Presently around 55 percent of Indian companies are outsourcing logistic services like supply chain management and warehousing, said the study by the Associated Chamber of commerce and Industry (Assocham).
Satyam's application for land in Orissa under scannerJanuary 8th, 2009 BHUBANESWAR - The Orissa government will re-examine the application for land that the scam-tainted IT bellwether Satyam Computer wants for setting up a new unit in the state, a senior official said here Friday. The company sought land to set up a business process outsourcing unit, information technology department P.K.
Unfazed by Satyam fraud, Britain hails India success storyJanuary 12th, 2009 NEW DELHI - Unfazed by the mammoth fraud in Indian IT bellwether Satyam, Britain Tuesday hailed India as a 'success story', saying one rotten apple does not soil the whole barrel, even as an optimistic New Delhi urged the international community 'not to press the panic button'. 'India's economic growth is based in strong fundamentals and a zeal for reforms.
IBM signs $200M outsourcing deal with Indian telecommunications companyOctober 6th, 2009 IBM signs $200M outsourcing contract with telecomSAN FRANCISCO — IBM Corp. says it has won a $200 million contract to handle some technology chores for a company called Datacom Solutions as it rolls out telecommunications services in India.
West Bengal government ready to give Satyam more landJanuary 8th, 2009 KOLKATA - West Bengal government will give 25 acres land to scam-tainted IT company Satyam Computers in the state if they want it, Information Technology (IT) Minister Debesh Das said here Friday. 'If they want it, we will definitely give it.
US move to withdraw tax breaks a matter of concern: FICCIFebruary 25th, 2009 NEW DELHI - The Federation of Indian Chamber of Commerce and Industry Wednesday expressed concern over US President Barack Obama's statement on ending tax breaks for outsourcing companies, saying 'protectionist measures could deteriorate the situation further'. 'Coming at a time when the global economy is going through a phase of slowdown and when countries need to work collectively, protectionist measures of any kind could deteriorate the situation further,' FICCI said in a statement.
India's Outsourcing is not yet hit by Obama's biased tax plan and may not ever: NasscomMay 5th, 2009 NEW DELHI - India Inc believes the move by the Barack Obama administration to reduce tax breaks for US firms that ship jobs overseas will hit American companies more than impact on the Indian outsourcing industry. 'It's a more US-US issue rather than one aimed at stopping outsourcing, or off-shoring, or anything to do with India,' said Som Mittal, president of the National Association of Software and Service Companies (Nasscom), a representative boddy for the industry.
C.P. Gurnani appointed chief executive of Indian outsourcer Mahindra SatyamJune 23rd, 2009 Indian outsourcer Mahindra Satyam gets new CEOMUMBAI, India — Mahindra Satyam, a rebranded Indian outsourcing company nearly brought down in a $1 billion fraud, said Tuesday that C.P. Gurnani, an executive from its new controlling shareholder, has been appointed chief executive.
Dr Reddy's claims Satyam land purchase was legalJanuary 27th, 2009 HYDERABAD - Leading pharmaceutical company Dr. Reddy's Laboratories has denied that the land it got on the outskirts of Hyderabad after acquiring Satyam Institute of E-business Ltd was assigned land or the state land meant for poor.
Infosys BPO planning acquisitions, hiringNovember 9th, 2009 NEW DELHI - Infosys BPO Ltd, the business processing outsourcing (BPO) subsidiary of software major Infosys Technologies, is looking at fresh acquisitions and hiring people. Speaking to reporters here Monday, Infosys BPO managing director and chief executive Amitabh Chaudhary said his company was "looking at acquisitions in the range of $80-200 million".
6 Indian cities among 8 top global destinations for outsourcingOctober 20th, 2009 NEW YORK - Six Indian cities - Bangalore, Delhi NCR, Mumbai, Chennai, Hyderabad, Pune - are among the eight top global destinations for outsourcing of services, according to a new survey released Tuesday. The other two are the Philippines' Manila NCR and Ireland's Dublin city, according to the 4th Global Services-Tholons Top 50 emerging outsourcing destinations survey, jointly done by Global Services from CyberMedia and Tholons, a services globalisation advisory firm.
November 12th, 2009 at 6:59 am
we intend to write applications for these cars.