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Rains "log out" several IT firms in Bangalore

Many information technology firms in the city including one office each of the Wipro and Hinduja TMT, were flooded on Tuesday following the heavy downpour.The Wipro's office on Hosur Road was......

BPO market to be worth $1.4 bn in 2011

The country's domestic market for business process outsourcing is projected to grow over 23 per cent to touch $1.4 billion this year, says Gartner.In 2010, the domestic Business Process Outsourcing......

Broadband, BlackBerrys save the day for IT, BPO

It was work as usual at all the major IT and business process operating firms in Mumbai. While a few advised their employees to take leave or use flexi-working options, for many it was work as......

Homeward bound: BPOs take local call to boost biz

In a bid to diversify their risk in the backdrop of a US slowdown and a fallout from the sub-prime crisis, which has affected the BFSI sector, Indian business process outsourcing units have begun......

HTMT to buy two US firms by year-end

The Hinduja Group-promoted business process outsourcing firm HTMT Global Solutions has set aside Rs 400 crore (Rs 4 billion) to close two acquisition deals in the US by the end of this year. Both......

Philippines: the new hotspot for IT firms

In a bid to manage costs, rising salary levels, attrition, besides extending their global footprint, Indian IT-BPO companies are now expanding to other low-cost destinations like the Philippines.......

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