Court hears India's 'biggest corporate fraud' case
The disgraced founder of Indian outsourcing giant Satyam appeared in court Tuesday in a billion-dollar corporate fraud case dubbed "India's Enron".
View ArticleAmazon.com to hire thousands to fill orders
(AP) -- Amazon.com Inc. said Friday it is hiring more than 15,500 people to fill temporary holiday jobs at shipping centers around the country, more than it hired last year.
View ArticleStudy: Outsourcing hurts consumers by softening competition among firms
Firms that outsource aspects of their business to a foreign country may profit by saving money, but the practice tends to soften the competition among industry rivals, exacting a hidden cost on...
View ArticleIBM's net tops Street; outsourcing deals pick up
(AP) -- IBM Corp.'s better-than-expected fourth quarter profit shows the momentum from a new mainframe computer and a pickup in businesses' interest in outsourcing their information technology chores.
View ArticleIBM lifts dividend 15 pct, sets $8B stock buyback
(AP) -- International Business Machines Corp.'s board has approved an $8 billion stock buyback and a 15 percent boost in its quarterly dividend.
View ArticleIndia's Infosys names banker as new chairman
Infosys on Saturday named a prominent banker to take charge of India's second-largest software exporter as the firm struggles to boost performance in the face of slow global recovery.
View ArticleIndia's Infosys in US business visa probe
Indian software giant Infosys Technologies on Wednesday said it will "co-operate fully" with a probe by US authorities into allegations it violated visa laws.
View ArticleBangladesh teenagers drive outsourcing growth
Like many teenagers, Abdullah Al Zahid spends most of his time holed up in his bedroom in his family's modest Dhaka apartment glued to his computer.
View ArticleIndia outsourcers predict 18% growth
India's flagship outsourcing sector is still expected to post 16 to 18 percent export revenue growth, despite fears of a fresh slump in its key US and European markets, an industry body said.
View ArticleIndian outsourcers seek revenues from 'smart work'
For advertising executive Govind Nair, working in India's outsourcing industry for a California telecoms firm means burning the candle at both ends for his customers.
View ArticlePhilippines sees outsourcing boom
The Philippines outsourcing industry will grow strongly over the next five years despite global economic concerns and threats to its call centre sector, industry officials said Tuesday.
View ArticleRise of outsourcing poses new cybersecurity problems
Big banks, hospitals and insurance companies worry about computer security because they handle so much personal information.
View ArticleOutsourcing stems Philippines labour exodus
Malaysia-based computer whiz Arlene Teodoro packed his bags and flew home to the Philippines this year, going against the tide in an impoverished country that sends millions of workers abroad.
View ArticleIndia's IT giant TCS slumps despite profit boost
Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United...
View ArticleIndia's Wipro quarterly profits, revenue outlook up
Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.
View ArticleSurvey: Organizational flexibility a new benefit of global outsourcing
Companies that have moved some of their business processes offshore say they are more flexible and agile, and better able to adapt to competition in challenging economic environments.
View ArticleIndia outsourcing sector eyes emerging markets for growth
Business from emerging markets will help India's flagship information technology sector counter slowing demand in Western nations, the country's technology minister said Tuesday.
View ArticleIndian outsourcers 'employ 100,000 in US'
India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.
View ArticleIndia's Infosys shares fall on US probe worries
Shares in Infosys, India's second-largest outsourcing firm, fell four percent in Mumbai on Monday after the firm revealed that US authorities were probing alleged irregularities in its business visas.
View ArticleIndia's TCS quarterly profit leaps 23%
India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.
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