Aditya Bafna, MD, CEO, Seva Group explains how a healthy and mindful habits can help improve productivity at the workplace.
Top Indian IT firms, such as TCS, Infosys, and Wipro, have signalled taking aggressive cost take-out measures, including reduction in sub-contracting costs, travel expenses, freeze in salary hikes, and holding back variable payments, among others.
Lokendra Tomar, chief operating officer of India's largest integrated KPO, Integreon, talks about career opportunities for young grads in the sector.
New Delhi has made it clear that any blow to its outsourcing industry would make the country less receptive to helping American companies that run into trouble in India
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
US President Barack Obama had earlier said that the companies which provide jobs at home would get bigger tax breaks.
Sebi's stewardship code for mutual funds and alternative investment funds lays down six principles to improve corporate governance standards in their investee companies, reports Jash Kriplani.
Indian IT companies are undeterred by talks of a US slowdown.
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.
The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses.
Experts are of the opinion that though digital services hold the future, the companies are likely to take a hit during the transition period.
Availability of jobs at India's auto companies has shrunk significantly over the last two years, as the industry goes through one of its worst slowdowns. More than 60 per cent of the total workforce fell by 24 per cent in 2019-20, against 2017-18.
Nasscom, India 's information technology industry lobby, played down concerns about outsourcing ahead of the US presidential elections when the issue of job losses usually becomes a prominent issue.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Abuse, often racial in nature, happens daily.
The 35,000 square foot facility would increase Capgemini's BPO's total capacity in India to over 4,500 seats, the company said.
Indian industry, particularly the IT sector has been concerned over increasing resistance to outsourcing in the developed world.
Wipro Technologies, the IT services business of Wipro, has been rated the top Indian outsourcing firm in the Global Outsourcing 100 Rankings released by the International Association of Outsourcing Professionals.
To tap the domestic market, the country's second-largest information technology company set up a separate unit within its BPO arm in 2009.
While Team Indus had backing from Nandan Nilekani, Ratan Tata and Flipkart founders Sachin and Binny Bansal, it could not even muster half of the Rs 4.5 billion it required for the mission to the moon.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
Wuxi City has invited Indian IT firms to set up their units for a deeper cooperation in service outsourcing.
Outsourcing is gradually becoming the backbone of Indian service sectors. In the last fiscal India earned $6.7 billion by providing services in software, technology and manufacturing outsourcing.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
Kovind has also decided to defer purchase of the Presidential Limousine which was to be used for ceremonial occasions. 'The existing resources of the Rashtrapati Bhavan and the government will be shared and used for such occasions,' a communique said.
From compulsory drinking binges to confused parents, a new book throws interesting light on India's outsourcing industry, discovers Aseem Chhabra.
Nasscom estimates that the KPO industry is poised for a 45 per cent per annum growth till 2010. The current hotspots in KPO are engineering and design, basic data search, integration and management and biotech & pharma.
The regulator has asked portfolio managers not to leverage the portfolio of clients for investment in derivatives and not indulge in speculative transactions that are not accompanied by actual delivery, except for derivatives trades. This is done with the intention of reducing volatility in the market and curbing undue risks.
'Young people are digital natives.' 'Hence, their ability to learn coding and to become a full stack engineer is far more.' 'The demand for such people is more as we feel that if we hire people from campuses, we can train them to become what we want.'
Neilson, managing director of NHS Shared Business Services, said millions of pounds could be saved by outsourcing more National Health Services administration to India.
In 2000, it was projected as the next big thing to happen in healthcare, for its potential to replicate the outsourcing success stories in information technology and business process outsourcing.
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