Lloyds to move 450 information technology jobs to India
British banking company Lloyds TSB has announced their decision to move around 450 information technology jobs to India.
A company representative said: “We’ve announced that we will offshore up to 250 permanent IT roles, but we want to keep these staff so we’re guaranteeing them the offer of [...]
TCS in a long term deal with Chrysler
Tata Consultancy Services has announced that they have now signed up a multi-year deal with the US based automaker Chrysler.
TCS would be providing them a comprehensive portfolio of IT services. The financial aspects of this deal were not revealed.
The deal would see the Indian company providing Chrysler application [...]
IBM now has 73,000 employees in India
US based IBM has been expanding their presence massively in the Indian market. The company now has around 73,000 employees in India.
This is a massive leap of almost 40% compared to the figures last year. Market sources claim that the company now has 20% workforce located in India.
India happens [...]
Satyam Computer Services opens up a center in Hyderabad
Indian IT Company Satyam Computer Services has announced that their back-office unit has now opened up its sixth outsourcing facility in India.
This latest facility is located in the IT city of Hyderabad in Andhra Pradesh.
The company added in a statement that the Nipuna Services Ltd already has [...]
Accenture planning to have an Indian worker base of 35,000
Accenture Ltd., the world’s largest consulting firm is planning to expand its base in India to have as many as 35000 workers by August this year.
With this, the company for the first time would have more employees working in India than in the United States.
The company [...]
Dell sets up another call center in Philippines
US based personal computer maker Dell has opened its second customer call center in the Philippines. With this, the company now has a potential of having a local worker base of 2,600 in the country.
Dick Hunter, Dell’s vice president for customer experience said in a statement on this [...]
Accenture to expand presence in India
Consulting firm Accenture has said that they are planning to expand their presence in India. The company aims to raise its staff numbers in India by 30 percent to 35,000 by August this year.
With this, India would become their biggest employment hub after the United States.
The company currently has around [...]
Satyam post 25 percent gains in net profits
Indian IT Company Satyam has come out with their latest revenue report and the company has said that their quarterly net profit jumped 25 percent.
However, they fail to match the improved performance of their rivals who have posted gains by as much as 52 percent in the recent [...]
United Utilities sells off its Vertex outsourcing business
UK based United Utilities has said that they have sold off their Vertex outsourcing business to a consortium of private equity firms.
These private equity firms are headed by Oak Hill based in the United States. They sold off the company for around 217.5 million pounds.
The company further [...]
Aviva to move 5,000 BPO jobs to India
British insurance company Aviva has plans to move as many as 5,000 of its third party BPO vendor staff to their Indian operations.
The company already has an Indian subsidiary in the form of Aviva Global Services (AGS).
Aviva added that they have already transferred 1,600 employees from Aviva-24/7 [...]
