BUSINESS PROCESS MANAGEMENT
Genpact reports 9% decline in net profit in Q4The business process management major reported a 1% growth in revenue during the fourth quarter to $951 million.
- Indian IT-BPM sector saw recovery in revenue growth at 7.9% in FY20: Economic Survey 2020-21
The Survey noted that the IT-BPM sector (excluding Hardware and e-commerce) had seen growth rates of 8.2% in 2017-18, 8.1% (2016-17) and 9....
- Information Tech, Business Process Management lead Oct-Dec office leasing: Report
The IT-BPM (27.0%) sector on yearly basis also saw the maximum share followed by captive centres (GCCs) with 21.4%, Engineering & Manufactu...
- Tech services firms expect fresh business opportunities from coronavirus vaccine distribution
Infosys, Genpact, Accenture, HCL Tech, Tata Consultancy Services, and others are likely to see increased demand for data analytics-based so...
- IT-BPM sector is likely to recruit more than double staff on contract this year
India’s major IT services firms and BPM companies have witnessed a significant rise in the number of digital transformation projects during...
- Telecom reforms will boost BPM sector, says Telecom Secy
The government expects the reforms unveiled for tech companies to double the size of the $37 billion business process management (BPM) sect...
- Firstsource Q2 results: Net profit surges 56% to Rs 105 cr
Revenue from operations grew 21.2 per cent to Rs 1,178.3 crore in the reported quarter, from Rs 971.4 crore a year ago, it added.
- BPM firms see surge in demand from festive sales
Startek, Conneqt Business Solutions and other BPM companies said the uptick has prompted them to hire more people across locations, includi...
- BPM companies see digital deal surge in UK
“Our public sector business in the UK has done well. We are supporting the government in a particular project around track and trace. All o...
- Revival in e-commerce demand leads to increased hiring at BPM firms
The sector has hired up to 5,000 professionals in the last month, according to staffing experts.
- Genpact June qtr results: Profit dips 16% to $62 mn
Net revenues of Genpact increased by about 2 per cent during the quarter to USD 900 million from around USD 882 million in the correspondin...
- BPM firms get more staff back to work in small towns amid stringent restrictions in metros
Most employees in metro cities are working from home due to strict restrictions on the movement of people and as the number of Covid-19 cas...
- Covid lockdown: BPM firms see sluggish quarter, to defer promotions and hikes
Analysts said other BPM companies are also taking cost-cutting measures, such as delayed increments and promotions, as they increasingly lo...
- Nasscom seeks government's help for benched staff
It has also asked the government to introduce a furlough scheme, like in the UK, where for the period of lockdown, employees can remain wit...
- Covid-19: No outsourcing for these business processes management companies
BPM companies are caught between mobility curbs and client protocol that disallows work-from-home. Experts are of the view that the Indian ...
- Cognizant leases 3.5 lakh sq ft office space at DLF Kolkata IT park
Cognizant has leased the office space for nine years, and the facility would underpin its expansion in India, said multiple people with dir...
- Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engi...
- Large BPM firms ride digital data analytics wave
Genpact, EXL Services and WNS register healthy growth as clients increase investments in data analytics.
- Visionet plans to hire 800 employees in 6 months
"We are planning to hire around 800 people in the next six months which will take our team strength to over 2,500 in India," Visionet Manag...
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