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Published reports say that Infosys, India’s software giant, is poised to increase its employees in the U.S. twofold with a hiring spree of about 1,000 staff.
In addition, the outsourcer is targeting acquisitions in Germany, Japan and France, according to a report by the Wall Street Journal. The strategy for Infosys is to increase operations in [...]

With approximately three million graduates being churned out each year, India is now seeking to improve their presence in the global marketplace by enlisting them in ‘finishing schools.’ These schools in New Delhi, Mumbai, Bangalore and Hyderabad are intended to refine the skills of graduates so they can succeed in business and give India the edge it requires in [...]

What began as an additional office base for Indian outsourcer Infosys, China’s domestic market is now being transformed into a potential outsourcing market for Infosys. Infosys Technologies, India’s No. 2 outsourcer, set up shop in China just six years ago. At the time, China was perceived as an alternative to India for offshore outsourcing [...]

The world’s largest chemical firm, German-based BASF AG, Europe’s biggest settlement company, Euroclear and the world’s largest brewer Anheuser-Busch InBev, are looking to offshore outsource their IT service requirements. These firms are first-time customers to the world of outsourcing seeking to slash operational costs. The decision to offshore comes amid an unprecedented decline in demand [...]

The Indian division of U.S.-based Tela Sourcing, has granted its first order to Propalms Inc. Tela Sourcing is based in Baltimore, Maryland and was founded in 1996 and has had numerous U.S clients since then. Tela now serves over 85 clients in the U.S. healthcare industry and has more than 500 employees. The company processes [...]

Etisalat DB Telecom has announced that it is outsourcing its IT applications to Tech Mahindra for $400 million. The contract is to be carried over into a 10-year period. In earlier reports, Wipro had been expected to win the coveted contract.
The contract outlines outsourcing of IT application systems from Etisalat to Tech Mahindra throughout 15 [...]

Local media reports say that there is escalating fear that Indian software professionals commuting to work via cabs and buses could get infected. The IT-BPO firms in Pune have adjusted their attendance policy to enable employees to work from home. Some BPO firms say they are considering acquiring  more laptops to facilitate telecommuting.
Approximately 150,000 software professionals [...]

News reports cite that global outsourcing transactions were up about 10% in the second quarter. This figure is in comparison to numbers from the first quarter this year. The improvement comes on the heels of contracts inked by the manufacturing and financial services firms, said a research report by the Everest Research Institute.
India was on [...]

The major Indian outsourcers - TCS, Wipro, Infosys, and Mahindra Satyam - are in stiff competition with Accenture and IBM for outsourcing contracts worth close to a billion dollars; the contracts are to be issued by British Petroleum in August.
Currently, BP outsources most of its global application development, infrastructure management and system integration projects to [...]