Obama stand on outsourcing is purely politics, comments US expert

May 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.

February 25th, 2009 US president Barack Obama has bad news for Indian IT and BPO industry. Its as simple as that.

November 12th, 2005 Talent shortage will impede the development of China's outsourcing industry, despite the optimistic prediction on China's IT outsourcing industry in the coming ten years predicted Qu Zhonghua, a senior program manager of IBM China's Shenzhen branch, at the 11th Joint International Computer Conference (JICC 2005) held in southwest China's Chongqing Municipality. The rapid growth of the global outsourcing industry has provided opportunities for China's outsourcing industry in recent years, but the opportunities will not turn into successes if the country fails to provide sufficient qualified workforce, he said.

February 26th, 2009 BANGALORE - Indian IT industry body Nasscom has reacted cautiously to US President Barack Obama's remarks on outsourcing, saying global outsourcing had benefited US firms that generate over 50 percent of their business overseas. 'American companies generate more than 50 percent of their business outside the US.

May 7th, 2009 BANGALORE - Undaunted by US President Barack Obama's Bangalore-Buffalo remark and proposal to extend tax benefits to those creating job opportunities to Americans, experts in the Indian IT industry said the comments had nothing to do with outsourcing or with India. It is an instance of Obama's views being misinterpreted, said Som Mittal, President of Nasscom, while speaking to media persons here on Wednesday.

February 25th, 2009 WASHINGTON - In a message that may not be music to Indian outsourcing firms, US President Barack Obama has served notice that he would end the tax breaks for corporations that ship jobs abroad. Giving his first speech to a joint session of the US Congress Tuesday, Obama said: 'We will restore a sense of fairness and balance to our tax code by finally ending the tax breaks for corporations that ship our jobs overseas.' If Obama follows through with the announcement in the budget, whose outline he would present Thursday, the move may hurt India's BPO sector as without the tax breaks, US companies may find it less attractive to outsource jobs to India.

September 8th, 2009 Obama advises caution in what kids put on FacebookARLINGTON, Va. — In a pep talk that kept clear of politics, President Barack Obama on Tuesday challenged the nation's students to take pride in their education — and stick with it even if they don't like every class or must overcome tough circumstances at home.

July 17th, 2009 Obama to have news conference on WednesdayWASHINGTON — The White House has announced on its Twitter page that President Barack Obama will have a prime-time news conference on Wednesday. The White House on Friday said that Obama will meet with reporters at the White House at 9 p.m.

February 25th, 2009 BANGALORE - Indian IT bellwethers Infosys Technologies and Wipro Wednesday expressed confidence that the US would not take any measure that would hurt its global competitiveness. Reacting cautiously to US President Barack Obama's remarks on outsourcing Tuesday, Infosys said outsourcing had enhanced the competitiveness of US corporations and had created more jobs within the US economy.

February 2nd, 2009 WASHINGTON - China is unlikely to overtake India in outsourcing business anytime soon and it would take not one country but a lot of small ones to knock it off the top, according to a US expert. 'China is pretty far behind India and even places like the Philippines and Eastern Europe.

October 20th, 2005 Blogger Rajneesh thinks its funny to outsource homework to India. In reality homework do get outsourced to India rather frequently.

June 4th, 2007 All hell breaks loose! Imagine this: "Most of us are only pretending to work while secretly hoping the project gets canceled after you get fired by the board". Today's Dilbert is a bit of fresh air after days of stale Elbonian humor on outsourcing.

February 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.

December 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).

June 13th, 2009 NEW YORK - President Barack Obama's plan to create a new Pentagon cyber command to protect the US from cyber attacks is raising significant privacy and diplomatic concerns. Unveiling the new cyberdefense strategy, Obama had said: "The cybersecurity effort will not - I repeat, will not - include monitoring private sector networks or Internet traffic." But senior Pentagon and military officials say that Obama's assurances may be difficult to guarantee in practice, particularly in trying to monitor the thousands of daily attacks on security systems in the United States, that have set off a race to develop better cyberweapons, New York Times reports.