Price-WaterHouse (PW) has won a significant struggle with capital markets regulatory body, Securities and Exchange Board of India over Satyam Computer Ltd.’s falsification of funds, which led to a scandal in 2008. Read more
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Although the deal is expensive, Britain’s Serco plans to acquire Indian outsourcer, Intelenet, for approximately $634 million. This will be an initiative to drive growth into overseas market that has high-growth. Read more
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According to an online article in CFO.com, outsourcing benefits not just large firms but smaller ones too. Nitish Grover of GLG Research looks at how outsourcing is climbing and the hurdles that it faces, particularly in India. Read more
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More and more people in the U.S. are now asking the question, “Is it possible for my job to be outsourced?” Read more
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According to published reports, Tata Technologies has put into effect plans to employ 400 engineers at its technical facility near Detroit. This hiring expansion will collaborate with new auto manufacturing that is ongoing in the U.S. and Canada, reports breitbart.com. Tata Technologies is a Tata Motors subsidiary.
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According to a recent report, outsourcing firm, Freelancer.com has reached a target of 2 million registered professionals on it sits by the end of 2010. Freelancer.com’s registration of professionals surged through two million on December 29, 2010. Read more
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According to PINC Research, shares of outsourcing giant Infosys Technologies are likely to climb. The consultancy firm has tagged the stock with a buy rating. The company’s research suggests that Infosys will hit Rs. 3500 in its report for December 16. Read more
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Accounting and bookkeeping are tedious tasks for any company. And it makes sense to outsource these tasks, as they are peripheral components of most businesses. However, it is also important to keep in mind that accounting is not just a cakewalk. It in fact requires a great deal of expert knowledge and skill. This also enhances accurate detailing of the company. Read more
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According to a new report by Forrester Research, second tier outsourcers located in India can offer specialized services in certain areas that their larger counterparts like Infosys or TCS may find too niche to resolve. Read more
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The outsourcing industry, one of India’s flagship industries, responded vehemently to a U.S. law that is designed to toughen the control of the Mexican border. It will also spike visa fees for American work visas. Many Indian IT graduates are employed on the work visa by companies in the U.S. India is among the top outsourcing locations and has dominated the outsourcing landscape for the last decade. Read more
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