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Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
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Chennai Floods: Telecom Companies Offer Free Calls, Mobile Data
Chennai is a major auto manufacturing and IT outsourcing hub for companies including Ford Motor, BMW AG, Infosys, Tata Consultancy Services and Cognizant Technology Solutions Corp.
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Potato to Web: Internet Outsourcing in Pakistan's Mountainous North
After a landslide, Gulmit's farmers were unable to sell their potatoes. Their solution? Drag their Himalayan valley in Pakistan's far north into the Internet age.
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Tech Mahindra to Set Up Healthcare Unit with $79 Million Outsourcing Deal
IT firm Tech Mahindra Ltd is setting up a new unit to sharpen its focus on winning contracts in the healthcare industry, one of the fast-growing segments for the outsourcing services providers, a senior executive said on Wednesday.
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Cognizant Guidance Boosts IT Stocks; Tech Mahindra Leads
Cognizant Technology Solutions Corp's robust revenue growth forecast for 2015 boosted sentiments in domestic outsourcers on Thursday; the IT sub-index on the Bombay Stock Exchange jumped 1 per cent in a flat market.
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iGate Q4 Profit Up 14.8% at $38 Million
US-based outsourcing solutions firm iGate on Tuesday reported a 14.8 per cent growth in net profit at $38 million for the fourth quarter that ended on December 31, 2014, helped by deals in industry utility-solutions.
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iGate Q3 Profit Rises 17 Per Cent to $37.3 Million
US-based outsourcing solutions firm iGate on Wednesday reported a 17 per cent growth in net profit at $37.3 million for the third quarter ended September 30, 2014, aided by growing traction in segments like financial services, healthcare and industry utility solutions.
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Nifty Falls for Second Straight Session; IT Stocks Hit
IT outsourcers fell after Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20-year history, citing delays in booking revenue from some large deals.
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Infosys Slumps as Cognizant Cuts 2014 Guidance
Cognizant competes with Indian companies for outsourcing projects and the scaling back of guidance has renewed concerns of demand headwinds in the key markets of US and Europe, analysts say.
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Wipro Signs $1.1 Billion Deal With Canada's ATCO; Acquires IT Arm
As part of the alliance, Wipro will provide outsourcing solutions, including infrastructure management and application development and maintenance.
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Cognizant's Profit Beats Estimates as Europe Revenue Rises
Technology outsourcing company Cognizant Technology Solutions Corp reported a better-than-expected profit for the first quarter as customers in Europe raised their IT spending.
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Cognizant Q3 revenue rises 22 per cent as demand for outsourcing grows
Cognizant Technology Solutions Corp reported a 15 per cent rise in quarterly profit as businesses, especially financial firms, spent more on IT and consulting services.
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Firstsource Solutions Q1 net jumps 41 per cent
Business process outsourcing firm Firstsource Solutions on Monday reported a 41.6 per cent jump in its net profit at Rs 41.04 crore for the quarter ended June 30, 2013.
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Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
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Phaneesh Murthy sacked: Complete statement by iGate
Technology outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.
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Donald Trump Blamed For Job Losses As India Tech Workers Face Cuts
Swapana Bhosale was stunned when she found out earlier this month she was losing her job at tech services provider Cognizant Technology Solutions in India. Layoffs in the business are rare, particularly if employees are in the middle of client assignments like she was.
-
Chennai Floods: Telecom Companies Offer Free Calls, Mobile Data
Chennai is a major auto manufacturing and IT outsourcing hub for companies including Ford Motor, BMW AG, Infosys, Tata Consultancy Services and Cognizant Technology Solutions Corp.
-
Potato to Web: Internet Outsourcing in Pakistan's Mountainous North
After a landslide, Gulmit's farmers were unable to sell their potatoes. Their solution? Drag their Himalayan valley in Pakistan's far north into the Internet age.
-
Tech Mahindra to Set Up Healthcare Unit with $79 Million Outsourcing Deal
IT firm Tech Mahindra Ltd is setting up a new unit to sharpen its focus on winning contracts in the healthcare industry, one of the fast-growing segments for the outsourcing services providers, a senior executive said on Wednesday.
-
Cognizant Guidance Boosts IT Stocks; Tech Mahindra Leads
Cognizant Technology Solutions Corp's robust revenue growth forecast for 2015 boosted sentiments in domestic outsourcers on Thursday; the IT sub-index on the Bombay Stock Exchange jumped 1 per cent in a flat market.
-
iGate Q4 Profit Up 14.8% at $38 Million
US-based outsourcing solutions firm iGate on Tuesday reported a 14.8 per cent growth in net profit at $38 million for the fourth quarter that ended on December 31, 2014, helped by deals in industry utility-solutions.
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iGate Q3 Profit Rises 17 Per Cent to $37.3 Million
US-based outsourcing solutions firm iGate on Wednesday reported a 17 per cent growth in net profit at $37.3 million for the third quarter ended September 30, 2014, aided by growing traction in segments like financial services, healthcare and industry utility solutions.
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Nifty Falls for Second Straight Session; IT Stocks Hit
IT outsourcers fell after Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20-year history, citing delays in booking revenue from some large deals.
-
Infosys Slumps as Cognizant Cuts 2014 Guidance
Cognizant competes with Indian companies for outsourcing projects and the scaling back of guidance has renewed concerns of demand headwinds in the key markets of US and Europe, analysts say.
-
Wipro Signs $1.1 Billion Deal With Canada's ATCO; Acquires IT Arm
As part of the alliance, Wipro will provide outsourcing solutions, including infrastructure management and application development and maintenance.
-
Cognizant's Profit Beats Estimates as Europe Revenue Rises
Technology outsourcing company Cognizant Technology Solutions Corp reported a better-than-expected profit for the first quarter as customers in Europe raised their IT spending.
-
Cognizant Q3 revenue rises 22 per cent as demand for outsourcing grows
Cognizant Technology Solutions Corp reported a 15 per cent rise in quarterly profit as businesses, especially financial firms, spent more on IT and consulting services.
-
Firstsource Solutions Q1 net jumps 41 per cent
Business process outsourcing firm Firstsource Solutions on Monday reported a 41.6 per cent jump in its net profit at Rs 41.04 crore for the quarter ended June 30, 2013.
-
Accenture cuts full year outlook as consulting slows further
Outsourcing and consulting services provider Accenture Plc cut its full-year outlook, citing a pullback in spending by its consulting business clients, after reporting third-quarter revenue below analysts' estimates.
-
Phaneesh Murthy sacked: Complete statement by iGate
Technology outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.
