After business, knowledge and legal process outsourcing, the Indian industries are now eyeing 'diagnostics jobs' outsourcing from other countries. According to industry experts, a number of hospitals in the US and Europe are outsourcing laboratory and diagnostic tests to India as it helps in saving cost and money while maintaining quality.
20 Indian companies, including Infosys, Wipro, TCS, made it to the top 100 global outsourcing companies.
The outsourcing industry, which provides services ranging from developing software for overseas clients to managing back office processing of mortgages, has risen to become one of India's main export earners.
State Bank of India, the country's largest lender, is on an outsourcing overdrive. After outsourcing the back-office work in foreign offices, the bank has now decided to rope in external agencies to set up automated teller machines to save on capital expenditure and reduce the rollout time. It plans to initially outsource 500 ATMs to vendors, including original equipment manufacturers.
Outsourcing could be one of the campaign issues.
The recent incident has eroded trust and Chinese social media reflects growing anxiety, with calls for stricter security measures to protect Chinese lives.
The five-year BP outsourcing deal for $1.5 billion (Rs 7,500 crore) is the best piece of news that the outsourcing industry has had since the global recession began. It tells the country that outsourcing, and its companion off-shoring, are here to stay.
Two senators are probing how Indian outsourcing firms use U.S. work visas, with an eye on new restrictions.
Is the only Indian company to receive this recognition, is included due strong growth there.
The human resources department is so 20th century. Recruitment has become the next outsourcing frontier. Think India.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
Chicago-based Tribune Publishing Company is moving work to TCS
Launching a strong attack on Congress in his reply to the debate on the motion of thanks to the President's address in Rajya Sabha, the Prime Minister targeted its leader Mallikarjun Kharge and took potshots at Rahul Gandhi while stating that the opposition cannot suppress his voice and people of the country have strengthened it.
The US is the biggest market for the outsourcing industry.
Seeking to allay fears over the outsourcing backlash, Union Communications and IT Minister Arun Shourie said India's strengths in talent, skill and costs in software service would make it imperative for the companies to outsource to India.
Mittal said the US continues to face shortage of IT skills, and expressed hope that there would be comprehensive changes in immigration policy.
If low-paid workers in China and India can sew your clothes, process your medical bills and answer your computer questions, why can't they teach your children, too?
The Reserve Bank of India is likely to formulate guidelines on outsourcing banking activities by July to improve regulatory oversight for risk management of this segment.
After outsourcing its network management and IT operations, Sunil Mittal-owned Bharti Group has given contract of its call centre operations for mobile services to four global majors in a deal, valued cumulatively at Rs 1,000 crore.
Legal research and patent search are the latest in a string of outsourcing items increasingly sent to India.
China and India's advantages such as lower costs and greater market opportunity outweigh the higher risk compared with the more established and mature regulatory regimes of Australia, Japan and Singapore.
Reflecting United States President Obama's consistent refrain in recent weeks while on the stump campaigning for his re-election where he has been railing against the outsourcing of American jobs to China, India, and elsewhere, the national Democratic manifesto unveiled at the Democratic National Convention in Charlotte, North Carolina, has said, "The Democratic Party believes in insourcing so that America can out-build the rest of the world again."
Outsourcing of passport related services -- like issuing of new passports, renewal -- has been given to VFS Global, which would begin its services from April 16.
Obama on Wednesday won a second term in office overcoming a stiff initial challenge from his Republican challenger Mitt Romney.
A majority of Indian companies expect an increase in their IT outsourcing investment over the next two years as they are looking at reducing operational costs and improving business performance, a study has said.
Indian IT companies have played a big role in making US companies more competitive and have created more jobs than taking them away.
For that to happen, Moitra's much followed speeches should be heard outside Parliament so that the PR spins of the ruling dispensation are countered with informed debate, argues Shyam G Menon.
Countries that adapt to change and are on the cutting edge of IT innovation will come out of the recession stronger than before. Any number of countries could emerge stronger but that's up to their governmental leadership and the strength of their IT industry.
The six-year Q3 contract for outsourcing contact services to IBM's Managed Business Process Services unit would involve augmentation of Airtel's sales, customer service, and back office capabilities, an IBM release said. services covering both voice and back office in areas such as customer service, collections, customer retention and the like to Airtel Platinum customers from its centres.
Paul Coby, director of information technology at John Lewis, believes the outsourcing model of moving people or the entire IT system to a third-party vendor is no more valid and vendors need to be partners with the customer.
Pakistan is likely to do better than India in capturing the global Educational Services Outsourcing market, which is estimated to grow by 90 per cent in the US alone in next ten years.
Amid increasing calls for protection of American industries and banning outsourcing of IT services to countries like India, China and Brazil, Chairman of the US Federal Reserve Alan Greenspan.
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