Supply of space for corporate offices likely to cross 100 million sq ft by 2006.
Indian property market and its regulations need to be reformed further to attract foreign direct investment while the demand for space for business process outsourcing is expected to cross over two crore square feet in the next three-five years.
Indian software and services exports achieved 25 per cent growth during the fiscal year 2002-03, touching a revenue of $9.5 billion.
Mumbai-based business process outsourcing company, Tricom India on Thursday said it has bagged a contract worth $10 million for indexing services from a record management company in USA.
Manpower shortage in India's high potential, high-growth ITES-BPO industry by 2009 is estimated to be 2.62 lakh people, officials said on Tuesday.
ICICI OneSource, one of India's leading business process outsourcing services providers and a member company of ICICI Bank
GTCR Golder Rauner LLC (GTCR), a US-based private equity company, has acquired majority stake in Zenta, a business process outsourcing firm with operations in the city and committed $100 million for the deal.
Business Process Outsourcing services provider EXL Holdings on Friday said it has raised a little over $72.2 million through its initial public offer.
Noida-based BPO firm, EXL Service is likely to list its shares on the Nasdaq Stock Market on October 20 after pricing its public issue of five million shares in the US market later this week.
IT solutions provider LanceSoft India Pvt Ltd said on Friday that it was planning to invest Rs 12 crore (Rs 120 million) in India and will raise its headcount to over 1000 before December 2005.
Contact centre and business process outsourcing provider 24/7 Customer is expanding its Chennai facility by adding 1000 new jobs in the next six to nine months, its chief operating officer said on Tuesday.
Nissan Motor Company, the Japanese automobile giant, has entered the Indian market with its first offering, the Nissan X-Trail. The SUV has been priced between Rs 19.80 lakh.
Thirty foreign information technology and business process outsourcing firms have committed an investment of Rs 670 crore (Rs 6,700 million) in Bangalore during the first quarter of the current financial year.
'GenAI has democratised the AI conversation. I do not know of a single client who is not interested in that conversation.'
This (the rubbishing of Indian call centres) is coming from the unions. UK has a non-protectionist stance, the government is not there to stop businesses doing business, says Morrell.