The Business Process Outsourcing companies in India appear to be handling the impact of the global economic crisis much better than IT firms
The agreement signed between the Bhutan government and leading BPO firm Genpact on June 8 will help alleviate the unemployment situation in the country, according to labour and human resources minister Dorji Wangdi. According to the agreement, Genpact will recruit 200 Bhutanese graduates every year to be trained and employed in India.
Chambers said Internet will facilitate 3-5 times the economic impact at a much faster pace
The Indian IT companies, which have been hitherto providing back office services (claims processing and others), are now planning to provide actuarial valuations. Genpact, one of the largest players in the property and casualty space has been in actuarial services since the last five years.
The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.
A mentor doesn't have to be someone more senior than you, but that isn't the case with a sponsor.
'China is fantastic. It's superb. I recommend all of you to go to China to understand it,' says Genpact CEO Pramod Bhasin.
The deal would be the biggest private equity transaction in India after Bain Capital paid about $1 billion to buy a 30 percent stake in business process and technology services provider Genpact.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
With an expanding domestic market, increasing cost and higher attrition rate, outsourcing action is shifting to tier-III and IV cities.
At the end of June, 2016, TCS had a total headcount of 3.62 lakh.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
20 Indian companies, including Infosys, Wipro, TCS, made it to the top 100 global outsourcing companies.
China poses the biggest challenge to India's IT outsourcing industry, which is expected to grow by an average 15 per cent over the next two years, according to the chief executive of India's biggest business processing outsourcer.
Tata Consultancy Services has been named as one of the world's top BPO providers by The International Association of Outsourcing Professionals for 2006, a release said in Mumbai.
The global financial crisis has inflicted at least a year's delay on the Indian IT outsourcing industry's drive to reach its short-term revenue forecasts, with key markets in the US and Europe suffering from the financial downturn.
Pramod Bhasin has been appointed as the chairman of the executive council of the National Association of Software and Service Companies (Nasscom) for the year 2009-2010.
The National Association of Software and Services Companies -- Nasscom -- on Monday announced the appointment of Ganesh Natarajan, deputy chairman and managing director, Zensar as the chairman of Nasscom for the year 2008-09. Pramod Bhasin, president and CEO, Genpact has been elected as the vice chairman of Nasscom for the current year.
"We have never done much lateral hiring since we promote from within the company. Given the GE legacy, Genpact has always believed in performance appraisals. This period is no different," says V N Tyagarajan, COO, Genpact.
The race for Citigroup Global Services, the business process outsourcing arm of Citigroup is hotting up with the entry of the BPO firm WNS and consultancy firm Accenture.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
Top IT executives discussed the need for change in the role of boards in IT firms to meet the changing scenario of the IT sector.
Genpact has been ranked India's best third party ITES-BPO company, followed by WNS Global Services at the second spot and Transworks Information Services taking the third slot.
The six IT majors -- TCS, Infosys, Wipro, Satyam, HCL Technologies and Congizant -- along with two BPO giants Genpact and WNS are recording a yearly growth rate of over 40 per cent, according to technology consultancy firm Everest Group. Apart from these big names, all the other smaller players are struggling at a growth rate of around 20 per cent a year, Everest Group CEO Peter Bendor-Samuel told PTI.
The New York Stock Exchange has stolen a march over its rival Nasdaq in India.
India Inc can't trim salaries, but it can give shareholders a little more information on why senior executives are getting such fancy compensation packages.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
HCL BPO, ICICI OneSource and IBM Daksh are the next three.
Rajasthan has lined up a slew of incentives and benefits for startups to set up base there as the state aims to become a technology hub like, Andhra Pradesh and Karnataka.
They are small town boys who went on to make it big in global financial powerhouses.
Women are opting out of high-flying career due to family responsibilities, says a study.
Appointing Neemuchwala is seen as a big shift for Wipro.
Persistent, L&T Technology and TechM named among leading service providers
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
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