Union expresses anger over British Council outsourcing jobs to India

May 5th, 2009 BANGALORE - US President Barack Obama's announcement to end tax sops to those US firms outsourcing jobs to countries like India has come under flak from Phil Harkins, a leading US management expert and chief executive of Linkage Inc, a global firm specialising in leadership development 'What Obama is doing is just politics. It's the arrogance of the US to think creating jobs overseas will result in job losses back home.

March 27th, 2009 TORONTO - IBM Canada, which has 19,600 employees on its rolls, announced Thursday that it is axing a number of jobs to contain costs. The US software giant, which is reportedly in the process of laying off 5,000 staff in America and transferring a lot of them to India, said the Canadian cuts will affect the staff from customer care positions to executives.

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.

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.

August 6th, 2009 WASHINGTON - The global financial crisis, it seems, has affected the outsourcing of mass from foreign countries to India. Till a few months ago, requests for these so-called "Mass Intentions", or prayers offered for a specific reason, poured into India from the United States, Canada and Europe, where there is a huge shortage of priests.

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).

October 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.

March 26th, 2009 WASHINGTON - International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said Thursday.

March 4th, 2009 WASHINGTON - A downturn in worldwide economy, Satyam's fraud case and the terrorist attacks in Mumbai and supply chain and shipping cost issues in China are causing US technology companies to pull back from the two traditional outsourcing locations. Citing these three global factors, an annual survey by BDO Seidman, LLP, one of America's leading accounting and consulting organizations, Tuesday suggested several technology firms would choose US as future outsourcing location over India and China.

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.

February 20th, 2009 NEW DELHI - An estimated 500,000 jobs were lost in India from September to December last year in areas like textiles, automobiles and information technology, and the actual numbers across the country could be higher, parliament was informed Friday. Quoting a study by the labour ministry, Corporate Affairs Minister told the Lok Sabha, the lower house, that total employment in the areas covered fell from 16.2 million in September to 15.7 million in December.

February 6th, 2009 WASHINGTON - IBM is offering its laid off employees in North America a chance to take a job with the company in India, Nigeria, Russia or other countries through Project Match, a media report said. Citing an internal company document CNN said its Project Match will help interested workers whose jobs are on the chopping block to 'identify potential opportunities in growth markets and facilitate consideration by hiring managers in those markets.' The company also will help with moving costs and provide visa assistance, it says.

September 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.

September 27th, 2009 NEW DELHI - The third party logistics (3PL) business in India is likely to reach $90 million by 2012 from $58 million now, as the model is fast catching up among the country's businessmen due to its cost advantage, an industry lobby report says. "Currently 3PL outsourcing among Indian companies is estimated at $58 million as 55 percent of them are outsourcing services like supply chain management and warehousing," the Associated Chambers of Commerce and Industry of India (Assocham) said in a paper.

January 9th, 2009 CHENNAI - Auditing firm PricewaterhouseCoopers (PwC), which had certified the accounts of Satyam Computer Services as 'true and fair', is bound to disclose all facts and cannot hide under the client confidentiality clause, an auditing sector official said Saturday. 'The confession of accounting fraud of a huge magnitude is an extraordinary situation.