The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
The world's No 2 venture capitalist says he supports outsourcing and urges India to use WTO rules to protect it from protectionist attacks in the US
The DCA has outsourced a record 17-18 inspections and is examining which other cases can be handled by outsiders under section 209 A of the Companies Act.
Indian industrialists would take up the outsourcing issue during the Indo-US Private Sector Advisory Group meeting in Washington on Tuesday, Federation of Indian Chamber of Commerce and Industry president Rajan Bharati Mittal said.
An Indian legal professional who takes home Rs 25,000 a month earns a tiny fraction of the Rs 10,000 an hour that his counterpart in the US earns.
New York-based Pfizer now outsources about 15 per cent of its manufacturing capabilities. The company aims to double that figure, as part of cost-cutting measures.
'Currently, 81 per cent of all reserved tickets are booked through e-ticketing.'
"Japan currently accounts for 5 per cent of our revenues but we see this touching 9 per cent in the next three years. Business from Japan grew almost 35 per cent last year and we expect healthy growth from this region," said Deepak Khosla, senior vice-president and head, Asia-Pacific. Patni company has been in Japan for over 10 years but, in the past two years, the momentum of deals has increased considerably.
The US President emphasised that the blueprint has been built to last -- an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values.
Mumbai-based fashion apparel manufacturer Spykar Lifestyle recently received $5 million (Rs 20 crore) investment from private equity firm Avigo Capital Partners.
This partnership elevates Intelenet's position and makes the company the first player to offer finance and accounting processes in the telecom vertical, a press release issued here stated.
The father of Indian outsourcing, Raman Roy, is ready to step into the field of offshoring for gaming firms. His business process outsourcing outfit, Quatrro, is all set to offer back-office services to gaming companies.
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
In fact, the opinions delivered by the associations legitimise the outsourcing of legal services to other countries and will lead to the market in India getting larger.
A probe by the New York State's key banking regulator, the Department of Financial Services, has found deficient money laundering controls in outsourcing of work by StanChart to India, thus exposing the US financial system to terror financing and other risks.
Continuing to play the anti-outsourcing card, Democrat presidential front-runner Barack Obama on Wednesday said while America cannot "shy away" from globalisation, it would have to take measures to ensure that jobs are not shipped overseas.
Indian space agency ISRO would significantly scale up outsourcing to industries to fuel the quantum jump in the programmes being undertaken by it and has mooted a risk-sharing model, its chairman K Radhakrishnan said.
The report states that India is presently the leading geography for legal outsourcing with over 85 per cent of offshore legal outsourcing vendors are primarily or exclusively located in India. According to the report, South Africa will emerge as the strongest LPO destination for 2010, particularly with UK clients.
Signalling a reverse outsourcing trend, many Indian IT firms with their operations spread across the US and Europe are now outsourcing a part of their administrative work in the US to a US-based firm Hanna Global Solutions.
According to a report by Fairfax newspapers, MacDonnell Shire Council has planned to use an Indian call centre to deal with local administration for territory communities.
Domestic IT majors Tata Consultancy Services and Wipro are believed to be front-runners for a multi-million outsourcing deal from UK-based telecom and networking major Cable & Wireless.
The multi-pronged initiative is targeted at employees, organisations, enforcement agencies and policy amendment, through a '4E Framework' - engagement, education, enactment and enforcement.
The Obama Campaign has stoked a controversy with its new ad accusing presumptive Republican presidential nominee Mitt Romney of outsourcing jobs to India when he was the Massachusetts Governor, contrary to the US President's stand during his maiden visit to New Delhi.
He said Congress would push Madhya Pradesh back into the BIMARU (laggard) category if given an opportunity again.
Raman Roy talks about how this technique put India on the world's business map.
'We are developing infrastructure on the mountains and deploying the troops on hill borders in such a way that it is ensuring the safety of the people there.'
A major investment company owned by Australia's leading bank Westpac is set to outsource over 70 jobs to India in a bid to improve customer service.
The retail industry in the country is likely to spend about $1.5-2.5 billion over the next five years on outsourcing their IT operations, according to a study.
India remains the favourite backoffice of the world thanks to its 'first-mover advantage' and deep skill base, as per global management consulting firm AT Kearney's ranking of the best outsourcing destinations.
Democratic US Presidential hopeful Hillary Clinton has joined party rival Barak Obama in promising an end to tax breaks to companies that ship jobs overseas, playing to the gallery on the hot-button issue of outsourcing as she tries to resuscitate her White House bid.
Escalating printing costs and a lack of understanding of technologies are forcing firms to look for alternative solutions to cut costs in document production.
United Liberation Front of Asom has been showing a growing propensity to work with Islamist militant groups like Harkat-ul-Jihadi Islami in the north-east and has begun to outsource operations, including suicide attacks, a leading US think tank said.
Top Democratic Presidential hopeful Barack Obama has proposed denying tax reliefs to companies that ship job overseas but said that education system must improve to check the trend.
Peters started the strip in 1984 as a weekly newspaper feature. It features characters from popular fiction and classic fairy tales.
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