Vedanta Aluminium has been struggling to source sufficient bauxite to feed the 1 million tpy alumina refinery since its commissioning in August 2007.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
Clients picky on various heads; vendors need to maintain share.
Analysts say other than the niche focus, these firms are also reaping the benefit of deals becoming smaller.
Deals worth $27 billion are up for renewal. Of these, almost $1.7 billion worth of contracts are currently with Indian services providers, said data from TPI.
I believe that the Indian IT industry has an opportunity to make further inroads into the US market during the slowdown phase of US economy, says Ashok Soota.
Asia-Pacific has been the only region to show growth in the business process outsourcing (BPO) market in the first half of 2007.
Might end up with a smaller slice as more contracts get restructured, warn analysts.
Deployment of THAAD in South Korea could unfold a new cataclysm in the Korean Peninsula with unwelcome prospects.