IT BPM

Infosys McCamish buys underwriting platform from US' STEP Solutions

The acquisition would help Infosys McCamish in enhancing its industry-leading VPAS policy administration platform to offer end-to-end busin...

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....

WNS revises growth guidance upwards, net profit up 6%

The business process management services major reported a net profit of $31 million during the quarter to December, up 6% from $29.2 millio...

WNS Q3 results: Net profit rises marginally to $31 mn

As per the general accounting standards, the company had registered a net profit of USD 30.9 million in the year-ago same period, WNS said ...

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...

European shares supported by gains in retail, oil stocks

Global mood remained subdued after U.S. Treasury Secretary Steven Mnuchin said key pandemic lending programs at the Federal Reserve would e...

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...

WFH reform to make Indian IT & ITeS industry more competitive globally

There will be increased productivity and the cost savings could be passed on to clients, giving Indian companies a competitive edge and hel...

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.

IT, BPM companies see a sharp rise in digital transformation deals

With the pandemic impacting all aspects of life, businesses across varied global markets have suddenly realised the need to shift their ser...

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...

IT-BPM firms may continue work from home till May 3

Industry body Nasscom had advised members that where state-specific approvals come in, members should look at a staggered approach and star...

Techtonic tales: Why the BPM industry is likely to outperform IT firms in 2020

Only Infosys and HCL Technologies have managed double-digit growth so far this fiscal year, helped by acquisitions. HCL’s acquisition of IB...