IBM's attempt to patent a technology that would help companies to figure out which jobs to send overseas getting a quiet burial. The company today confirmed that it has withdrawn its patent application for "outsourcing of services" which it had filed on July 12 this year.
It's for the first time that someone from the industry will hold the position of president at Nasscom.
Close to 60 per cent of revenues of Indian IT service providers comes from the US market. With the rupee having appreciated more than 12 per cent over the past year, IT firms have increased billing rates, in most cases for new as well as existing clients.
The earnings of Indian IT companies in rupee terms are dwindling with every upward movement of the currency. The domestic currency has risen by 11.6 per cent this year to touch a nine-year high on Wednesday.
Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.
Nortel Networks (India) is upgrading the communications at four Indian international airports, which should help make the staff more responsive to travellers.
Mumbai-based Patni Computer System's stake sale has been stalled, perhaps indefinitely, according to sources close to the development.
Old economy companies such as Hero, M&M (Tech Mahindra), Aditya Birla, Essar, Hindujas and Larsen & Toubro have sprung into action with large acquisitions and major deals.
The company will be taking its total outsourcing offering to the retailers in the small and medium enterprise category, whereas for the large retailers, it will pitch the best-of-the-breed target solutions to cater to specific problems.
Infosys spent Rs 70 crore last year on its brand building exercise. The company underlines that it focuses on earning the respect of all its stakeholders.
The US sub-prime lending crisis forced Mumbai-based WNS Holdings to revise its net income guidance by 60 per cent, and this is worrying the $8 billion business process outsourcing sector players and analysts.
IT-BPO firms offer end-to-end mortgage origination services and manage servicing activities.
Next time you answer the phone, chances are there won't be a caller at the other end, but a recorded message trying to sell a product or service. It doesn't expect an answer, but goads you to punch in a few keys in acceptance or simply hang up.
After having depended largely on direct online marketing since 1990s, Dell's personal computers are now on sale in Wal-Mart stores in the US and Puerto Rico.
Anuj, a resident of Second Life since November 2006, is angry. He recently bought a poker table for around 25,000 Linden dollars
Nortel President and CEO Mike Zafirovsky is scheduled to visit India shortly, his first since taking over in November 2005. In an email interview with Leslie D'Monte, he explained his company's strategy for India and more.
With organic growth slowing down due to the appreciating rupee and rising wages, Indian information technology companies have taken the acquisition route to add marketing muscle and win clients in Europe and the US.
The PC assembling segment has held firm despite stiff competition from branded players.
To consider open offer if price falls below Rs 2,100 a share.
The reports suggesting that the nearly $13.5 billion Internet giant Google is finally developing a 'GPhone' are growing stronger in the foreign media and cyberspace.
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