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TCS HCL among top global service providers on total contract value
In the three major regions of Americas Europe the Middle East and Africa and the Asia Pacific EMEA both HCL and TCS were among the top six players
IT services sector in 2012 stable Fitch
Despite an expected moderation in revenue growth in 2012 the outlook for the Indian IT services sector is stable on the back of its strong liquidity position
ITBPO companies may have hit by SC 2G verdict
Indian and multi-national ITBPO firms had signed multi-million dollar deals with telecom firms including Uninor Etisalat DB Videocon and Idea
IBM plans job cut in Germany
The union believes IBM will have eliminated as many as 8000 jobs from its German workforce
Mahindra Satyam Q3 profit up over five-fold
The company reported a robust growth in its consolidated net profit for Q3 at Rs 308 crore compared to Rs 5891 crore in the year-ago quarter
TCS opens new facility in Silicon Valley
Expanding its presence in the US the new center will also serve as the worldwide headquarters of TCS’ mobility solutions unit
Infosys to invest Rs 600 cr on Indore facility
The company is setting up facility at the Super Corridor in Indore which will take 5 years to complete
Mahindra Satyam Tech merger by year-end
The process of merging will be initiated soon and by the end of 2012 the two ventures would merge into one
Dell looking for an India buyout to boost IT business
The world’s third-largest computer maker wants an India acquisition worth up to 1 billion as part of a strategy to bolster its IT services business
Telenor to extend IT contract with Wipro to other Asian units
Both companies are seeking to leverage the benefits of a deal that was signed more than two years ago
Serco looks to cut at least 500 UK jobs
The company which employs 100000 staff worldwide has previously warned that its divisions in the UK and US were facing challenging conditions
WNS Genpact bag Suncorp BPO deal
IT majors Infosys EXL and Accenture were all in the race for the order which will see up to 2000 jobs outsourced
Top IT firm’s staff count to cross 6 lakh this year
As of quarter ended December 2011 the total employees with the top four companies were 591 lakh
India’s outsourcing firms doing just fine
Big outsourcing deals worth about 200-billion are up for renewal in the next five years Standard Chartered forecasts
HCL to create 10000 jobs in US Europe
The company would create jobs through partnerships with educational institutes local governments local communities customers and others

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