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BPO SPENDING REDUCTION
90% of mature AI adopters cut BPO spends, says Z47-OpenAI reportThe report, The India AI Edge: How India Uses AI, based on OpenAI’s India usage data and a survey of more than 100 CXOs, found that more th...- Policy in works to outsource business process to homeIncentive scheme modelled on Amazon, MMT to encourage work from home.
- Nasscom refrains from giving out an annual growth guidance range for IT industryNasscom doesn’ t give out annual growth guidance for coming fiscal.
- Nasscom says industry to grow at 8.6% in current fiscal, refrains from giving future guidanceCP Gurnani, chairman, Nasscom said that a lot of changes are taking place in the world and the rate of change is unprecedented.
- IT services firms to remain on strong growth path this year: Sandeep Ladda, PwC IndiaNew biz models, emergence of disruptive tech, new buyer segments in the EMs and good governance will help India retain its position in the ...
- Firstsource to cut 500 jobs in turnaround planFirstsource Solutions is adding staff at its Cebu, Philippines centre to 500, will eliminate at least as many jobs in India as part of a tu...
- Brokerages turn cautious on CESC; stock tanks by 18%CESC will acquire 34.5 per cent in Firstsource through a preferential allotment and a further 15 per cent from the existing investors.
- HCL wants to be the best pay master in IT: Vineet NayarVineet Nayar, CEO of HCL says the company's No. 1 strategy is going to be around employee centricity. He says the company will invest more ...
- UK may 'share' $3 bn IT jobs with IndiaFor India's outsourcing cos, shared service centre opportunity could be worth $2-$3 bn over next few years, experts said. New mantra: Young...
- IT cos may gain from UK's shared service centre modelFor India’s outsourcing and back office firms including EXL Services, TCS and others, shared service centre opportunity could be worth betw...
- IT, BPO export revenues likely to rise by 5.5 per centExport revenues of Indian IT and business process outsourcing (BPO) companies are expected to rise by 5.5% to cross $50 billion in the ongo...
- Genpact in talks to acquire Intelenet Global ServicesGenpact has initiated talks to explore a potential acquisition of Intelenet, two people familiar with the discussions said. India's top BPO...
- British banks may move call operations back homeThere would be a 15-20 % reduction in overall IT spend in the British financial services sector in 2009 compared with 2008.
- UK banks on lifeline may cut down tech spendingStruggling British banks accepting a government bailout package will cut IT spending by up to a fifth and face pressure to move their offsh...
- India not immune to global tremors, says RBIWarning about moderation in growth, RBI said the resilience of India and other emerging mkts cannot be guaranteed. Invest in inflation? I M...
- Global meltdown may impact pricing of local IT cosThis follows bigger than expected write-offs by some global financial services majors and a continuing recession in the US, which is affect...
- Cab operators to hike rentals of IT, BPO firmsIT and BPO firms are taking measures as cab operators in India's technology hub, Bangalore, say a hike in rentals is imminent . Tips to tac...
- US recession: IT's not taking a big hitThis is an opportunity for Indian IT majors to re-align their service areas to focus on non-US geographies. BPO Brigade | Cyber-Spaced out ...
- Skills & infrastructure attract cos to shift work to IndiaSanjay Kumar has built one of the fastest-growing BPO companies in India. In a span of few years the founder of vCustomer Corporation has h...
- The brave new world beckonsSlated to touch $75 billion in revenues by 2010, the mercurial infotech bandwagon is now enjoying the resilience rhythm.
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