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In what may be described as a ‘major relief’ for the Indian IT and BPO firms offering services to the European market, the British Premier David Cameron has asserted during his visit to India this week that the United Kingdom was ‘most open’ to the suggestion of outsourcing work to other cheaper locations. A news [...]

A recent report published jointly by the National Association of Software and Service Companies (NASSCOM) and Zinnov Consulting states that the Indian subsidiaries of multinational firms that continue to expand their operations in the region contribute over 20 per cent of the revenues earned by the Indian IT industry. The report further states that these [...]

The earnings of the Indian information technology (IT) industry have far exceeded expectations during the fourth quarter of 2009 fiscal ending on March 31, 2010. Such augmented performance and profitability after a gloom of two years of global economic recession have placed the Indian IT industry back on the path of rapid growth.
Quoting L. Suresh, [...]

Notwithstanding the financial and other benefits offered by the companies to retain their employees, NASSCOM – the nodal body for the IT and ITeS industry in India – is of the view that country’s information and technology sector is struggling to tackle the high rate of attrition plaguing them once again.
An industry-related news website quotes [...]

Lawmakers in the United States are contemplating to enact new legislation that would make it difficult for the American multinational titans like JP Morgan, GE, Citigroup and IBM to outsource their jobs as well as increase their employee strength in inexpensive countries, such as India and the Philippines. According to reports, the legislators intend to [...]

In a significant move, the Government of India has eased the visa regulations for employment in the country’s IT sector enabling the domestic firms to recruit foreign nationals according to their requisites. With a view to promote the information technology sector, Indian foreign ministry has recently issued fresh instructions to all its overseas missions notifying [...]

A recent report released by the National Association of Software and Services Companies (NASSCOM), the nodal body for Indian IT and ITeS industry, states that the small and medium enterprise (SME) sector provides and excellent opportunity for Indian firms in the space of IT services, BPO and engineering services.
The report ‘Opportunities for Indian IT [...]

According to India’s IT industry trade organization NASSCOM, the IT sector is expected to regain its double-digit growth leaving behind the losses stemming from the global recession and downturn in the economy.
NASSCOM president Som Mittal was quoted as saying that beginning in April of 2010, double digit growth is expected to return. He was speaking [...]

With President Obama’s fervent policy to keep as many American jobs at home as possible, Indian outsourcing providers are now scurrying to find ways to hold on to their business in the U.S.
India’s IT-BPO trade organization, NASSCOM, was quoted as saying in news repors recently,“Protectionist overtures of the US government has got the Indian business [...]

According to India’s trade organization, National Association of Software and Services Companies (NASSCOM), the country’s IT and BPO services outsourcing market is expected to grow nearly five times in the next ten years. That amounts to $225 billion in terms of sales by the year 2020.
Som Mittal, president of NASSCOM said in a statement, although [...]