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A wind farm in Poland became so loud that local birds started singing louder to compete with the noiseWind farms are impacting bird populations. Birds are altering their songs to be heard over turbine noise, a costly adaptation. Some species...- 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...
- Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources sayChevron is set to sign agreements to return a gas field in Venezuela and expand operations in the Orinoco heavy crude belt, while Shell pre...
- JC Flowers backs Niyam reinsurance bet as GIFT City gains tractionJC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly...
- India is right to act on offshore crypto platforms but it must also build a fairer marketA Financial Action Task Force report backs India’s concerns that the real risk in crypto lies in offshore, non-compliant virtual asset serv...
- Indian oil majors strike it rich again in Abu Dhabi blockA major announcement has emerged from the combined forces of Indian Oil Corporation and Bharat Petroleum Corporation regarding newfound oil...
- Indian Oil finds unconventional oil resources in Abu DhabiIndian Oil and Bharat Petroleum Corporation Limited have made significant oil discoveries in Abu Dhabi. Testing of Onshore Block 1 has conf...
- UBS says it remains committed to India as advisory services move"We remain committed to our business in India and retain a significant presence onshore and in the region," UBS said in an emailed statemen...
- 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.
- Offshore markets influencing Re movement: RBI studyThe rupee has plunged nearly 21 per cent so far this fiscal and it touched a new low of 65.56 to the dollar in early trade today.
- Julius Baer eyes Indian onshore private bankingJulius Baer is considering various options to start an onshore office in India and is not ruling out an acquisition to enter one of the wor...
- 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 embrace 'onshore' outsourcing to boost businessHaving successfully serviced American and European clients from India for almost a decade, BPOs are now strengthening their 'onshore' prese...
- 'Onshore presence is important'After a brief lull due to elections, outsourcing contracts from the UK government are set to pick up again.
- 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...
- EXL Services scouts for buyouts in USEXL Services, which competes with bigger rivals like Genpact and WNS, plans to establish a delivery footprint in US through an acquisition....
- Intelenet may snap up two UK shared services centresBlackstone-backed BPO firm, Intelenet Global Services, is close to taking over two shared-services centres of a large operator of train ser...
- Nomura plans to expand in India, China next year: ReportJapanese financial services major Nomura plans to significantly expand its base in India and China next year.
- Rich global Indians waking up to philanthropyThe client profile has an entry level of $1 mn to $10 mn, with the average investor portfolio size of about $3 mn. Young Billionaires I Sal...
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