India's smaller cities and towns would register a faster growth in software and business process outsourcing exports as information technology and BPO firms, backed by booming offshore orders, expand into secondary cities to arrest costs and talent a
World's largest insurer AXA on Wednesday tied up with India's leading telecom company Bharti Enterprises for entering the life insurance business in India.
Business processing outsourcing company TWS has received an investment of $5 milion from a US-based financial institution.
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.
Akshay Bhargava, former chief executive of Infosys's BPO arm Progeon, has joined 3i -- Europe's leading venture capital and private equity company -- and will head 3i's new focus on the global business process outsourcing market.
Global research firm Gartner Inc expects an increase in travel to and from India, mirroring the growth trajectory of the country's information technology and business process outsourcing segments.
BPO company Datamatics Technologies has formed a joint venture with the United States-based Cadmus Communications Corporation to provide content processing services to science, technical and medicine publishers around the world.
Housing Development Finance Corporation Ltd has sold its 50 per cent stake in Intelenet Global Services Ltd, a business process outsourcing company, to Barclays Bank Plc for Rs 164 crore (Rs 1.64 billion).
Prannoy Roy-promoted news channel New Delhi Television Ltd and business process outsourcing company Genpact have formed a 50:50 joint venture to offer media outsourcing services to enterprises across the world.
The government said on Wednesday that it will soon bring in amendments in the existing legislations dealing with the business process outsourcing industry to inspire confidence among investors and silence the detractors.
After the business process outsourcing and knowledge process outsourcing boom, the corporate sector in India is steadily gearing up for a new concept
Videsh Sanchar Nigam Ltd and AT&T have entered into an agreement to jointly offer Multi-Protocol Label Switching platform-based networking services in India, including ATM, Frame Relay and secure Internet Protocol dial services.
Business process outsourcing company vCustomer Corporation will acquire all the eight call centres of global telecom giant MCI, sources said on Friday.
Welcoming Nasscom's plan to hold a common all India pre-qualifying test for job aspirants in the booming business process outsourcing industry, industry officials on Tuesday said the test would add credibility to the workers' skills, besides reducing
IT services giant HCL Technologies on Wednesday said it is planning to set up a delivery centre in Pune as part of its plans to venture into small towns and cities.
Business Process Outsourcing services provider EXL Holdings on Friday said it has raised a little over $72.2 million through its initial public offer.
Business process outsourcing companies in the National Capital Region are being forced to set up centres in other parts of the country and lower their hiring rates on account of higher retention costs and capacity bottlenecks.
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.
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