A local court on Tuesday awarded death sentence to two persons in the rape and murder case of a 22-year-old BPO employee that rocked the city and send shock waves in the IT establishments.
The centre in Riyadh will be staffed by Saudi females and will start by catering to Saudi Aramco and GE as anchor clients.
US-based software company Infogain said on Friday that it would ramp up its India development centre with an additional 350 software professionals over the next 18 months besides foraying into BPO segment to diversify the services.\n\n
The industry is set for rapid growth with a large number of companies in India and from abroad seeking to outsource their hiring-related jobs to third-party vendors here in order to save costs as well as time.
As part of its plans to ramp up back-end operations, Hughes Software's business process outsourcing division is planning to add about 120 people over the next three months.
The Indian software and BPO segment will grow at a rate of more than 16 per cent to become a $ 132 billion industry by 2012, global infotech analyst International Data Corporation said. Together with IT and ITeS, and exports revenue of Rs 3,20,278 crore (Rs 3.2 trillion), the total IT and ITeS industry would grow to Rs 5,29,976 crore ($ 132 billion) by 2012, representing a growth of 16.5 per cent, said IDC. Exports continue to be the biggest segment at Rs 97,492 cr (Rs 974).
Nasscom to set a committee to look for successor of Som Mittal.
Expert Sunder Ramachandran lists down seven common errors to avoid during voice-based interviews. Read on
The Tata Group has decided to defer its plan of setting up a rural business process outsourcing unit near the proposed steel plant at Kalinganagar in Orissa by two years.
The growth of offshore business process outsourcing industry in the country is likely to further slow down over the next one year amid concerns over data security breach, high attrition rates and staffing costs, rising competition and continuing marg
Even as the buzz around Vivel Paul's candidature as CEO is still doing the rounds at Satyam Computer Services, insiders say the government is considering a person who was an integral part of the company till three months ago.
India's vibrant BPO and knowledge-based sectors may be adversely impacted if the Avian flu turns into a pandemic, Hong Kong-based security and risk management consultancy firm, Hill and Associates, warned on Tuesday.
The Indian arm of the Union for Information & Technology Enabled Services is planning to file a public interest litigation against the alleged 'arbitrary policy' of many Indian and multinational IT/ITeS firms in India who have, for the past two months, reportedly been enforcing longer working hours that violate the daily eight-hour working mandate of the Indian Factories Act, 1948.
India, the uncrowned king of the business process outsourcing world, may be in for some rough ride with national and international studies pointing at competition from a range of countries including China
The business process outsourcing market in India is all set for a robust growth in the next five years with a potential to capture at least 30 to 40 per cent share of the emerging $550-$700 billion global BPO market, says Nasscom.
NEC Solutions (America) Inc, a provider of integrated solutions for connected enterprises in North America, said on Thursday that it was keen on acquiring business process outsourcing companies in India.
Gartner has forecast that revenue from BPO services within the domestic market will grow by 31.1 per cent from $521 million in 2009 to reach $683 million in 2010 and experience steady growth through 2014 to touch $1.6 billion by 2014.
The American state of Indiana has paid nearly $1 million to Tata America International Corporation, a subsidiary of Tata India, for an outsourcing contract which it had scrapped prematurely last year.
Indian information technology and business process outsourcing (BPO) sectors may get almost $10 billion from Germany, Switzerland and Austria by 2020, up from the $2.6 billion they earn from this region across the IT, BPO and engineering services space, against the addressable market size of more than $53 billion.
Nasscom estimates that the KPO industry is poised for a 45 per cent per annum growth till 2010. The current hotspots in KPO are engineering and design, basic data search, integration and management and biotech & pharma.
China-based Xi'an Service Outsourcing Development Association signed an MoU with Starting Point Competence Training Pvt Ltd and Snam Abrasive to enhance the level of certification and training required for the BPO industry. India has gained worldwide recognition in the past few years as a hub of outsourcing activity, with hundreds of English-speaking students graduating from colleges and universities every year.
The business process outsourcing segment was expected to register an annual growth of about 60 per cent for the next three years.
the Associated Chambers of Commerce and Industry on Wednesday said the country's IT industry is slated to grow by 26 per cent this year driven by strong economic performance.
Backlash in the United States against contracting of jobs to foreign service providers will not significantly affect business process outsourcing trends, IT research and advisory firm Gartner Inc has said.\n\n\n\n
India's software services and IT-BPO exports would exceed $31 billion in the current financial year, posting a growth of 32.6 per cent over the last fiscal, industry body Nasscom has said.
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The estimation is in line with an earlier forecast of 4-7 per cent given by National Association of Software and Service Companies. The industry was optimistic to reach the $50 billion milestone export target in the current fiscal.
Information technology company GTL on Thursday said it would invest Rs 25 crore (Rs 250 million) to set up a 500-workers facility at Pune and increase by 750 its call centre personnel by 2004-05.
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