The United Kingdom-based IT software and services firm Xansa plans to double its headcount in India to 5,000 in the next six to eight quarters.
Outsourcing and technology company Xansa has signed a six-year 19 million pounds (Rs 161 crore or Rs 1.61 billion) contract to provide finance and accounting and payroll services to National Health Service professionals of the United Kingdom.
Xansa, a leading computer services group, will double its staff in India to 4,000 over the next one year after closing its loss-making businesses in the US and Europe, its chief executive Alistair Cox has said.
Is Bangalore, India's Silicon Valley and home for some of the biggest information technology firms in the country, slowly losing out to Chennai? It seems so, considering the investment plans of leading IT companies.
The plan is to de-notify the entire SEZ.
Feel they can't run companies anymore but can be there as guides
Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
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