Outsourcing

  • US shutdown: How it will affect India 05-10-2013 01:16 PM

    The Democrats and Republicans failing to agree on President Barack Obama's signature healthcare law left thousands of federal workers on furlough and museums and national parks across the country closed. The political impasse entered its fifth day on Saturday raking up concerns regarding the impact of the shutdown around the...
  • Canada's RBC outsourcing work to iGate: Report 08-04-2013 08:53 AM

    Toronto: Canada is investigating a report that its largest bank is using temporary foreign workers hired by outsourcing company iGate, which has most of its operations in India, to effectively replace existing staff, a situation the government said it would not accept. A Conservative government minister revealed the probe on...
  • Man outsources his own job to China 17-01-2013 04:17 PM

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  • India IT outsourcing growth seen at lower end of forecast 12-11-2012 03:04 PM

    Mumbai: India's $100 billion software and services outsourcing sector is likely to meet the lower end of the growth outlook for this fiscal year, an industry lobby group said as customers tread cautiously on technology spending due to global economic uncertainty. The National Association of Software and Services Companies (Nasscom)...
  • India IT hopes for easing of Obama's anti-outsourcing stance 08-11-2012 05:30 AM

    New Delhi: India's outsourcing chiefs crossed their fingers that Barack Obama would take a less hawkish stance on the industry during his second term, as they cheered his re-election as a possible boost to the US economy. Obama sharpened his rhetoric against industries that move jobs out of America during...
  • India Inc congratulates Obama, but concerned about IT industry 07-11-2012 02:34 PM

    India Inc welcomed the re-election of Barack Obama as the President of the US but there are some concerns in the IT and outsourcing industry. However, the Indian government said that it looks forward to stronger Indo-US ties. Obama was re-elected for a second term on Tuesday and said in...
  • 'Obama win not best news for IT outsourcing industry' 07-11-2012 12:00 PM

    Bangalore: The re-election of US President Barack Obama is not the best news for IT outsourcing industry, according to CEO of iGATE, Phaneesh Murthy. "Not the best news for India or the IT outsourcing industry. However, we need to understand how much of the election rhetoric continues into 2013 and...
  • US Bill on outsourcing cause of concern: India 22-12-2011 03:35 PM

    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...
  • 11 reasons why the West should outsource Christmas to India 22-12-2011 01:58 PM

    Since 1984, a company called PNC has been doing the PNC Christmas Price Index by tracking costs of items mentioned in the folk song The Twelve Days of Christmas. Though light-hearted, it does its research seriously and gives important insights. For instance, when it first started, goods were more expensive,...
  • US bill aims to choke call centres in India 21-12-2011 11:22 AM

    Houston: 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 jobs heading to nations like India. Introduced by Rep Tim Bishop...
  • Outsourcing no more an irritant in Indo-US ties 09-11-2010 10:27 AM

    New Delhi: The question of outsourcing has been a constant irritant between Indo-US economic ties. The issue came up for discussion when Prime Minister Manmohan Singh met US President Barack Obama at Hyderabad House in New Delhi. Following the meeting Singh said, "India is not in the habit of stealing...
  • Outsourcing costing Americans their jobs: Obama 06-11-2010 08:12 PM

    Mumbai: Concerned over rising unemployment in the US, President Barack Obama on Saturday said outsourcing work to overseas locations like India has cost Americans their jobs. In possibly a heartbreaking statement for the Indian IT industry, which gets over 60 per cent of its business from the US, Obama said,...
  • Welcome Obama! India Inc is here to help 04-11-2010 12:40 PM

    Mumbai: India's outsourcing companies, often blamed for stealing Main Street jobs, want Americans to know: We're hiring in the US. They along with President Barack Obama, who arrives in India's financial capital Mumbai on Saturday, are at pains to reassure the American public that India is here to help the...
  • I have to protect American jobs: Obama 03-11-2010 06:14 PM

    Washington: US President Barack Obama indicated that he was unlikely to accommodate India's concerns about his policy of discouraging outsourcing of US jobs, saying it was his responsibility to support jobs and opportunity for the American people. Obama, who has recently spoken against outsourcing of American jobs to countries like...
  • Can the Obama visit heal India's outsourcing woes? 03-11-2010 12:21 PM

    US President Barack Obama has been hitting India where it hurts the most, the outsourcing industry. ...
  • Outsourcing for Indians could stand to gain in UK 23-10-2010 08:25 AM

    London: Faced with crippling debt expected to cross a trillion pounds next year, the government has ordered a cut on public sector spending. The cuts are expected to rise to 81 billion pounds a year in four years. But as the public sector looks to cut costs, high quality and...
  • Anti-outsourcing bill blocked in US Senate 29-09-2010 09:01 AM

    Washington: Senate Republicans successfully blocked the passage of an anti-offshoring bill that would have denied tax breaks to US companies which move jobs overseas. Republicans in a 53-45 vote prevented the bill from overcoming a filibuster. At least 60 votes were needed to overcome the Opposition's obstruction. As per the...
  • 'Ohio ban on outsourcing not to hit Indian cos' 25-09-2010 09:31 AM

    New Delhi: Finally some respite for Indian outsourcing companies as the outsourcing ban in Ohio will not have any impact on Indian business, says US Envoy Tim Romeor. Allaying apprehensions about the outsourcing ban, Romeor said that the two nations would get through the ban. Talking about the relationship between...
  • Obama to cut tax sops for firms outsourcing jobs 21-09-2010 08:48 AM

    Washington: Making a strong pitch to discourage outsourcing of jobs, US President Barack Obama on Tuesday said America's present tax structure gives incentives for shipping jobs overseas, a trend that needs to be reversed with incentives aimed at creating jobs inside the country. In the midst of a mid-term election...
  • US move to curb outsourcing regressive: India 11-09-2010 03:19 PM

    Bangalore: Union Commerce and Industry Minister Anand Sharma on Saturday termed as "regressive" the US moves to curb outsourcing and warned that protectionist tendencies would deepen recession. "Protectionist tendencies are unhealthy for any economy," Sharma said, addressing the staff of IT major Infosys Technologies in Bangalore. "Indian IT companies create...
  • No tax breaks to firms if jobs go abroad: Obama 10-09-2010 09:58 PM

    Washington: Stepping up his campaign against outsourcing, US President Barak Obama on Friday asserted his administration would offer tax benefits only to those firms which will create jobs in the country, a move that may hit Indian IT firms in a big way. "We believe on tax breaks for those...
  • Wipro slams US move to ban outsourcing 10-09-2010 04:13 PM

    New Delhi: Wipro Technologies has joined the Indian IT industry in criticising the United States for trying to ban outsourcing. Wipro said that protectionism was not good for trade relations while reacting to US President Barack Obama's anti-outsourcing statement and Ohio's ban on outsourcing of government jobs. "Outsourcing model is...
  • India@9 with Rajdeep Sardesai 09-09-2010 11:46 PM

    Get the day's top news with CNN-IBN Editor-in-Chief Rajdeep Sardesai on India at 9. ...
  • ‘US outsourcing ban being blown out of proportion’ 09-09-2010 11:41 PM

    CNN-IBN Editor-in-Chief Rajdeep Sardesai asks Sam Pitroda, Chairman of Knowledge Commission, if the ban will rupture ties between the two nations. ...
  • US doing no favour by outsourcing jobs: Nath 09-09-2010 06:25 PM

    New Delhi: The Government on Thursday reacted strongly to US President Barack Obama's statements and US policies to protect American jobs. Union Minister of Road Transport and Highways Kamal Nath said that outsourcing was an economic reality. "US is not doing any favour by outsourcing work. This is an economic...
  • What Ohio outsourcing ban means for India 08-09-2010 11:40 PM

    CNN-IBN Editor-in-Chief Rajdeep Sardesai talks to Mohandas Pai, Director-HR Infosys, on the effect of the ban. ...