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ONSHORE TECHNOLOGY SERVICES
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- ONGC board revamp on lines of McKinsey suggestionsONGC Board presently has six directors for exploration, onshore operations, offshore operations, finance, human resources and technical and...
- ONGC frames strategy for higher output growthUnder the PEC, the service provider will also be responsible for maintaining Base Production Profile for which fees will be paid.
- Larsen & Toubro wins contracts worth Rs 1,600 croreThe business also secured additional work from existing projects under execution in Saudi Arabia & Kuwait, it added.
- Localisation paying off in US: WiproWhile Infosys recently committed to hire 10,000 Americans over two years, Wipro stepped up local hiring to achieve a workforce mix with mor...
- Oil production in ONGC’s onshore fields risesOnshore oil production rose 2% to 2.95 million metric tonne (MMT) in the six months to September, according to Ved Prakash Mahawar, directo...
- ONGC explores production sharing with Schlumberger, othersUnder the contract, Schlumberger would make capital investment, offer technology and services, and receive its reward as a share in the inc...
- BPOs shun India and Philippines; rush to near and on-shore works to be closer to clientsThe move for 'on-shore' and 'near-shore' presence will help vendors who can demonstrate capability to garner a larger share of business.
- Immigration debate: Hexaware to ramp up US presenceHexaware, for which clients in the United States contributed at least 65% of its 2012 revenues of $364 million, has two onshore centres in ...
- Rural sourcing a cost saving option for US firmsValue proposition for rural sourcing in US lies in its cost saving potential, without the challenges of offshoring.
- TCS has not received any tax scrutiny notice: Ratan TataTCS Chairman Ratan Tata said the company has not received any scrutiny notice from the I-T dept for claiming tax benefits on its onshore se...
- After Infosys & Wipro, TCS on I-T radar for claiming sops on onshore workTax authorities say many software cos often book the earnings from such onshore work in their units located in the STPI to avail tax benefi...
- Oil companies and water managementFor oil companies around the world, water management is getting to be a critical issue. The energy services division of Nalco is focusing o...
- I-T Department slaps Rs 450 cr demand on InfosysOnshore software development is the practice wherein Indian firms send their engineers on short assignments to Europe, US, and other nation...
- In rural Missouri, an IT outsourcing company challenges IndiaCan IT services cos located in rural areas in the US compete with lower-priced counterparts offshore? Shane Mayes is betting they can.
- US looks onshore for backoffice opsIndian cos have been themselves expanding their local presence in US in various sectors such as consulting. UK PM Cameron rules out outsour...
- US looks at domestic outsourcing; IT, ITeS players in India need to brace up to the challengeAlready, companies such as Microsoft, Mattel and RJ Reynolds have started giving business to onshoring firms, which are sprouting across th...
- BPOs look to expand footprint in US as realty, labour costs fallThe industry, which traditionally followed offshoring model, is now looking to open facilities & hire locals in the US. Latest buzz in Indi...
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