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CAPTIVE OFFSHORE UNITS
Global capability centres shell out premium to hire top talentThe MNCs are also moving an increasing number of global and senior-level roles to the GCCs in India. This is prompting them to woo top tale...- GCCs pay premium to hire top talentThis is giving the GCCs a clear edge in wooing top leadership talent vis-à-vis the others in the tech cohort. At GCCs, professionals with 1...
- Global companies may look to shift from captives to outsourcingIndia has nearly 1,300 captive centres and they together employ nearly one-fourth of the 4.3 million workers in the $191-billion IT-Busines...
- Barclays India technology and shared services units get new CEOsMani Subramanian, who was CEO of the Barclays Technology Centre in India, is retiring and is being replaced by Simon Pattinson, the source ...
- Captives return as models for innovationThe captive centre model, which was losing favour with SVM professionals for their mixed history of providing return on investment, is back...
- India most preferred to set up back-end IT units: ReportIndia has emerged as the most preferred destination for global enterprises to set up their back-end information technology units in 2010.
- Outsourcing gets a boost as global banks expand captivesWells Fargo, Ingersoll Rand and Standard Chartered are some of the banks and cos that are setting up or expanding their centres in India. T...
- 11 MNCs set up back-office units in IndiaEleven new captive centers were set up in India during this quarter, which is highest in any single geography.
- RIL scraps Rs 1,500-cr captive power plantReliance Industries has scrapped a Rs 1,500 crore captive power plant after the government decided to allocate gas from its eastern offshor...
- Third party BPO vendors subject to scrutiny after Satyam fraudPost-Satyam, third-party vendors are being subject to closer scrutiny with higher level of disclosures being sought by customers. Fall of S...
- Lehman BPO shows door to 180Lehman Brothers’ captive back-office unit in Mumbai is set to hand pink slips to over one-fourth of its employees.
- Barclays to set up captive BPO in IndiaWhile US recession has resulted in some IT-BPO project cancellations, analysts believe outsourcing will get a boost now as cos turn to cost...
- Barclays plans captive unit in IndiaThe captive unit will be doing all regular financial back office work like transaction processing, account handling and customer service. S...
- 'Opportunity for monetisation of captive BPOs in 18 months'The captive BPO as a model may be under a cloud, but there could be a window of opportunity for parent companies in divesting them particul...
- MNCs offshore operations performing well in IndiaMajority of captives being able to meet performance criteria is an incremental step for the future of captives business models, states a re...
- Captive BPOs add value to parentsMajority of MNCs which have offshore operations in India believe their captives are delivering well on cost savings and service expectation...
- Captive BPO centres begin to pay offIn a study published on captive units, key stakeholders feel they are delivering on cost savings and service expectations.
- Nasscom cheers Morgan Stanley orderNasscom asks the government to consider creating an advance pricing mechanism procedure for taxing captive BPOs.
- EXL eyes captives of MNCsNasdaq-listed BPO major EXL plans to acquire MNC-owned BPOs or captive units that are being put on the block due to rising costs.
- MNCs find it tough to run captive centresThis trend would further accelerate the move toward third-party vendors for outsourced services by 2009.
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