Deals worth $27 billion are up for renewal. Of these, almost $1.7 billion worth of contracts are currently with Indian services providers, said data from TPI.
Selects Wipro, Collabera as vendors; total IT sourcing from India about $1 billion.
Google, Yahoo, Rediff vie for market share of mobile internet users.
NTT had earlier sought the combined 63 per cent stake of the promoters and private equity firm General Atlantic Partners, but their exclusive talks failed due to a valuation mismatch.
Mid-sized IT and BPO services company MphasiS has introduced a hiring methodology which gives candidates even with very poor academic record a chance to make their way into the company if they are good in their logical and reasoning skills.
Private sector has continued to look at outsourcing and offshoring, despite government's measures.
Indian Railway Catering and Tourism Corporation (IRCTC), the country's leading online-ticketing platform, has seen a jump of 60 per cent in mobile ticket booking between January and October.
Private equity (PE) players and investment bankers are divided over the timing of the BT Group's reported move to exit Tech Mahindra. BT owns about 30 per cent in TechM.
Tata Consultancy Services (TCS), the country's largest information technology services company, will hire 50 per cent more students from campuses for 2011-12.
The Live Documents service offered by the Bhatia-promoted InstaColl is already a big success in India, especially among the education fraternity.
Dell, which recently knocked out Hewlett Packard from the No 1position in the Indian personal computer market, isn't the only one to move from the men to the boys.
Despite mounting losses from its Indian operations and growing pressure from minority stakeholders back home, Norwegian telecom major Telenor said Uninor, its telecom joint venture in India, plans to raise about Rs 9,365 crore to support its expansion.
India's second largest information technology services provider, Infosys, believes businesses in the US, including the government, will continue to favour global sourcing. This despite the increase in anti-outsourcing voices and a ban on it by the Ohio state government.
Clearly part of the grooming of Harvard-educated Rishad Premji, the group appointed the elder son of chairman Azim Premji as chief strategy officer for its flagship IT business.
Tata Consultancy Services has become the second-largest insurance business process outsourcing provider in the UK, after winning two deals worth 250 million pound (around Rs1,800 crore).
Hewlett Packard has lost its personal computer market leadership in India for two reasons: Dell's focus on the retail and SME segments has started paying off and its new distribution strategy is going through initial troubles.
nfosys Managing Director and CEO S (Kris) Gopalakrishnan speaks about the company to Business Standard.
Against the backdrop of a clampdown on visas by the US and growing antagonism towards foreign workers and immigrants in that country, Infosys Technologies, India's second-largest IT services firm, is mulling an 'extreme offshoring' model to help reduce its dependence on H1 and L1 visas.
One tenth mobile subscribers in India own multiple mobile phone connections, says a report.
Mahindra Satyam's Gurnani to be CEO after Tech M integration.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances