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Tata Consultancy Services (TCS) and Infosys Technologies, India’s largest and second largest IT services vendors respectively, are out of the race for Bharti Airtel’s over $1 billion outsourcing deal for the telecom major’s African project. Sources close to the development said that Bharti Airtel has finally shortlisted five firms – three MNCs and two domestic [...]

Top two IT and BPO services providers in India – Wipro and Tech Mahindra (formerly Satyam) along with their multinational competitors HP and IBM are vying for an approximately $1 billion deal with Telecom Corp., the largest telephone company in New Zealand. The telecom firm indents to reduce costs as well as enhance profitability by [...]

Indian software firm L&T Infotech now plans to venture into the BPO business keeping in mind the fact that it has been falling behind its rivals vis-à-vis cost-effectiveness as well as pace of growth. The IT firm, a wholly-owned subsidiary of Indian engineering major L&T, now plans to offer its clients an assortment of services, [...]

Accenture and IBM, leading international IT firms, are in the process of growing their  consulting and analytics offerings based out of their Indian outsourcing operations. Accessibility of faculty for this work in India coupled with prospects of gaining a bigger share of the clients’ business is said to be driving such initiatives. Meanwhile, the clients [...]

Etisalat DB Telecom India is on the verge of signing a deal with Indian IT-outsourcing giant Wipro Technologies. UAE-based Etisalat has a 45% stake in the JV between Mumbai headquartered Dynamix Balwas Group and Etisalat. The telecoms firm has the license to offer services to 15 circles in the country, and had recently received clearance [...]