IT major Wipro Technologies and Gurgaon-based knowledge process outsourcing firm Copal Partners have expressed interest in bidding for the Indian back office business of Lehman Brothers Holdings, the US-based investment banking firm that filed for bankruptcy protection on Monday.
Terming the backlash in the US against outsourcing to India as a "cause of concern", IT and Communications Minister Arun Shourie on Tuesday suggested a two-pronged strategy
The intent to hire in the current quarter is likely to rise by 7 per cent over the previous three months if further lockdowns and workplace operating rules are not enforced, mainly driven by demand in healthcare, pharmaceuticals, educational services, ecommerce and technology start-ups and IT, according to a report. In fact, out of the 21 sectors reviewed, more than 8 sectors will witness a 9-11 per cent rise in their intent to hire in the current quarter, TeamLease Employment Outlook Report has revealed.
Citizens need to only call the centre, expected to be located in Banglore, to file RTI applications, for a fee.
Software major Wipro's IT enabled services business subsidiary Spectramind has bagged a Business Process Outsourcing order from global giant Microsoft, a top company official said
While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%.
The two men arrested by the Delhi police for raping a BPO employee confessed that they wanted to rob cattle, but landing up committing the crime, reports Sahim Salim.
From using expertise of an Indian Institute of Technology professor to enhance the blurry closed circuit television footages to tracking a tempo with a Hindi word starting with 'M' written on its side panes -- it was a virtually a wild goose chase for the Delhi police while cracking the gangrape of a business processing unit employee.
US-based Spectrum Global Fund Administration, providing back-office operations to hedge funds in the US and the UK, is closing its facilities in India. The company had started its operations in India two years ago.
Our core strength is that we communicate in English, are low-cost and have impressive skills in design and creatives
Sundaram Business Services, a wholly owned subsidiary of Sundaram Finance, has picked up 74 per cent equity stake in the Chennai-based business process outsourcing firm Professional Management Consultants for an undisclosed amount.
Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam--now ranked among the top 20 offshoring locations, the report said.
HR Guru Mayank Rautela offers practical advice.
Neelakandhan Mooss, chief physician, at Thrissoor-based Ashtavaidyan Thaikattu Mooss Vaidyaratnam Oushadhasala, speaks about the treatment for IT pros.
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In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
Notwithstanding the recent uproar over the UK data theft, a well-known US author has said that America is a huge beneficiary of outsourcing.
IBM Daksh is looking for Customer Care Specialists (tech/ semi-tech support and customer service).
Capgemini SA, the parent company of the Capgemini Group, will pick up a 51 per cent stake in Unilever India Shared Services (Indigo) for an undisclosed sum.
After information technology, it's now the turn of Indian business process outsourcing services companies to harness China as a delivery location.
Joginder Sharma, who was a member of India's Twenty20 World Cup winning squad in 2007, was injured following a road accident near Noida, on Thursday.
Serial entrepreneur Tarun Uppal reflects upon the mistakes and the lessons learned along the way.
To lure the business process outsourcing and IT/ITeS industry, the Mayawati government in Uttar Pradesh has showered various sops. The realty sector, too, has been blessed with many relaxations.
: Convergys India Services is recruiting Customer Care Officers and Technical Support Officers (MCP/ MCSE).
India's Silicon Valley, Bangalore, has managed to retain its leadership for the fourth time.
The company already employs 1,000 at its base in Londonderry and 400 in Belfast. In May 2008, it had created 800 jobs, which was widely hailed in the region.
Addressing the growing need for security of business process outsourcing employees, Bangalore-based Proficio Geo Technologies has come up with PRO-TMS
Mercury Infocomm's product Auto Vigil comes as a boon to the millions of young girls and women employed in business process outsourcing industry.
CFC India Services, a subsidiary of Countrywide Financial Corporation, is recruiting Customer Service Associates.
Next India is recruiting Customer Support Executives and Voice and Accent Trainers.
EXL Service is looking for Customer Care Associates (voice).
Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said on Thursday. Rating agency Icra gave a "stable" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business. The IT services sector's revenues will rise between 7-9 per cent in rupee terms and between 5-8 per cent in dollar terms in 2021-22, it estimated.
The report further revealed that the BPO/call centre industry has dropped down several places, forfeiting its second position on the list to the manufacturing industry, which has shown promising growth.
Corporate India's hiring activity saw a decline in April, with the business process outsourcing and IT enabled services industry registering the sharpest drop of 22 per cent, a report by job portal said.
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