TCS, Mitsubishi to invest $5 mn in IT JV

TCS, Mitsubishi to invest $5 mn in IT JV Mumbai: India's biggest software services exporter, Tata Consultancy Services (TCS) and Japanese major Mitsubishi Corporation on Wednesday announced a new joint venture, Nippon TCS Solution Center Ltd for the Japanese market. "The JV will be set up with an initial investment of USD 5 million, which will be raised in a phased manner. In this joint venture, TCS Japan has taken 60 percent stake, while the remaining 40 percent will...
05:08 PM, Feb 08, 2012

US Bill on outsourcing cause of concern: India

US Bill on outsourcing cause of concern: India New Delhi: India on Thursday expressed concern over the proposed US Call Centre Bill but said that it is premature to assess the impact of the decision on the domestic IT industry. A bipartisan bill has been tabled in the US House of Representatives to make companies that move call centres overseas ineligible for grants or guaranteed loans from the federal government, a move aimed at stemming the tide of...
03:35 PM, Dec 22, 2011

Delhi, Bihar engineers best for IT jobs: Survey

Delhi, Bihar engineers best for IT jobs: Survey New Delhi: Engineers from Delhi and Bihar are the best when it comes to IT product, IT services, KPO, BPO, software testing and hardware networking roles, according to a survey. The National Employability Study 2011 by Aspiring Minds after analysing the employability scores of over 1.2 lakh final year engineering graduates reveals that while Delhi engineers are the best when it comes to IT services, BPO, KPO, software testing and...
12:27 PM, Dec 17, 2011

BPO girl kills roomie's granny, flees with cash

BPO girl kills roomie's granny, flees with cash Mumbai: Little did Koparkhairane resident Bhagyashree Sonawane know that a simple request to her roommate to accompany her grandmother to the bank to collect cash would cost the latter's life. Bhagyashree's grandmother Mirabai Sitaram Sonawane had sold her property in Kurla and needed to collect an initial payment from a bank in Bandra. She asked her granddaughter to accompany her, but Bhagyashree requested her roommate Nasreen alias Annu Iqbal Shaikh...
12:40 PM, Nov 28, 2011

Cops recover MMS clip from DU student's rapist

Cops recover MMS clip from DU student's rapist New Delhi: Delhi police have recovered an MMS clip from the rapist of a 21-year-old Delhi University (DU) student who was allegedly drugged and raped in Sultanpuri area of outer Delhi. The clip is believed to be of a previous victim of the accused. Delhi police has sent the accused's mobile and memory card for forensic tests. Cops suspect that he might be involved in other such incidents as well....
11:52 AM, Nov 24, 2011

Real Hero Rajesh educates and trains villagers

Real Hero Rajesh educates and trains villagers Koppal: How do you ensure the benefits of liberalization reach the poorest of the poor? Rajesh Bhat, who is just 27 years of age, runs The Head Held High Foundation, which is turning illiterate villagers into BPO employees. At the speed of 40 words per minute, Ramesh processes insurance forms. Ramesh and Yankamma try their best to meet the targets in the tiny rural BPO. Rajesh runs The Head Held...
09:38 AM, Aug 09, 2011

Bangalore to lose the IT capital tag: survey

Bangalore to lose the IT capital tag: survey Bangalore: Bangalore, that boasted its tag of the country's IT capital, may now lose it, according to a survey. A survey undertaken by Associated Chambers of Commerce and Industry of India (Assocham), warning of this imminent threat, says the status would soon belong to the National Capital Region (NCR) of Noida and Gurgaon as more companies have expressed their interest in setting up shop there. This would include IT, IT-enabled...
09:42 AM, May 31, 2011

Bangalore to lose IT capital tag?

Bangalore to lose IT capital tag? BANGALORE: Bangalore, that boasted its tag of the country's IT capital, may now lose it, according to a survey.A survey undertaken by Associated Chambers of Commerce and Industry of India (Assocham), warning of this imminent threat, says the status would soon belong to the National Capital Region (NCR) of Noida and Gurgaon as more companies have expressed their interest in setting up shop there. This would include IT, IT-enabled services...
09:03 AM, May 31, 2011

Pramod Bhasin to step down as Genpact CEO

Pramod Bhasin to step down as Genpact CEO New Delhi: BPO major Genpact on Monday named NV 'Tiger' Tyagarajan as its President and Chief Executive Officer, replacing Pramod Bhasin who has decided to step down as CEO and member of the Board. Tyagarajan, who is currently the Chief Operating Officer (COO), will join the board effective June 17. "I'm delighted to be able to hand over the reins of the company to my long term business partner Tiger....
02:35 PM, May 17, 2011

'Bangalore Calling' is all about life in BPOs

'Bangalore Calling' is all about life in BPOs So I received my copy of Bangalore Calling from the publishers and I as I sat down to read it, I almost saw my life flashing by. I have been working in the BPO Sector for about 9 years now and if there is one person who could relate to the book more than anyone else, it would have to be me and of course millions like me who work...
08:49 PM, Mar 22, 2011

India most preferred back-end IT destination

India most preferred back-end IT destination Mumbai: India has emerged as the most preferred destination for global enterprises to set up their back-end information technology units or captive units in 2010, consultancy firm Everest Group said in a report. "India witnessed the maximum activity, followed by other regions in Asia and the Philippines," a release issued by the consultancy said. Unlike the practice of outsourced work wherein an Indian company erects a facility and employs professionals,...
11:16 PM, Feb 07, 2011

Genpact Q4 net income up 33 pc to $46 mn

Genpact Q4 net income up 33 pc to $46 mn New York: BPO major Genpact on Monday said its net income rose 33 per cent to $46 million (Rs 209.13 crore) for the fourth quarter ended December 31, 2010. The company had a net income attributable to shareholders at $34.6 million during the same quarter ended December 2009, Genpact said in a statement. "In 2010, we grew revenues, adjusted income from operations, net income, earnings per share and cash flows....
08:01 PM, Feb 07, 2011

Indian BPOs likely to focus more on Europe

Indian BPOs likely to focus more on Europe New Delhi: Indian companies are expected to focus on mainland Europe to tap growth opportunities in the offshore technology services market worth tens of billions of dollars, global research group Gartner has said. "There will be tremendous focus on offshore technology services in the next two years... Indian players will be mainly looking at mainland Europe for their next growth opportunities," Gartner's Vice President and Regional Research Director (India) Partha...
02:36 PM, Jan 09, 2011

'Employers' responsible for women's safety'

'Employers' responsible for women's safety' Gurgaon: Gurgaon Police Commissioner SS Deswal on Wednesday said the safety of women employees is the prime responsibility of their employers who should take steps to ensure the security of the women who work for them, especially during the odd hours. In a letter sent to all BPOs in the city, Deswal directed them to have a dedicated control room with emergency numbers operational round the clock so that the...
11:56 PM, Dec 15, 2010

BPO rape case: Police arrests fifth accused

BPO rape case: Police arrests fifth accused New Delhi: In another breakthrough in the Dhaula Kuan gang rape, the Delhi Police arrested the fifth accused late on Monday evening. The accused named Kamru alias Mobile was nabbed in Gurgaon. Earlier on Monday, a Delhi court, sent two of the Dhaula Kuan gangrape accused to Tihar Jail for their identification by the victim, while remanding two others in five days of police custody for interrogation. Metropolitan Magistrate Pawan...
11:50 PM, Dec 06, 2010