ICICI OneSource, one of India's leading business process outsourcing services providers and a member company of ICICI Bank
In its first ever acquisition in India, global information technology major IBM has agreed to acquire India's third largest business process outsourcing firm Daksh eServices to add skills in strategic areas.
Non-voice business process outsourcing company Tricom India Ltd would invest Rs 20 crore (Rs 200 million) in its expansion programme, which includes setting up of a 600-seat facility in Mumbai and 1,500-2,000 seat facility in Pune.
Exult Inc, a US-based firm that provides human resources services to companies, is setting up a business process outsourcing unit in Mumbai to service overseas clients, a senior official said.
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.
Eyeing a revenue contribution of about six per cent from its business process outsourcing division, Hughes Software Systems will double the division's current manpower strength of 300 in 2004.
The phased reopening and regulated relaxations of many key industries have paved the way for a slight recovery in hiring activities but hiring is still down by 47 per cent in July 2020 compared to the same month last year.
In an application filed with Trai, Videsh Sanchar Nigam Ltd has sought regulatory approval to reduce prices on one of its premium connectivity modes, DS3, citing an increase in bandwidth on a submarine cable system.
Housing Development Finance Corporation is to raise the interest rate on its home loans across all maturities by 0.50 per cent after Diwali.
Indian private equity funds raised $1.5 billion up to June 2003 as against $1.60 billion in the entire 2002, indicating signs of a pick-up in venture fund activity.
A delegation of venture capitalists from the East Coast, US, with a worldwide portfolio of $20 billion, will visit India next month as part of TiE event to explore the possibilities of investing in Indian IT
The A V Birla group-owned TransWorks, a call centre and business process outsourcing player with operations in India and the US, is open to relocating its employees from Mumbai to Bangalore.
Business process outsourcing major 24/7 Customer has said it plans to hire over 4,000 people during this year to take its total employee strength to 7,000 and invest $15 million in its facilities across the country.
The business process outsourcing market is expected to touch $1 trillion by 2006, registering a compounded annual growth rate of 9 per cent.
Indian software services firm Mascot Systems Ltd said on Wednesday it planned to acquire a division of Delhi-based IT&T Ltd for Rs 21.3 crore
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
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.
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