Outsourcing

Hiring experts are difficult to find and their cost to the company may not be viable but there should be someone to handle that responsibility

VFS Global customers preferring premium services after COVID-19: Pranav Sinha

Indian travellers are preferring travel services that enable them to submit visa applications from the comfort, convenience and safety of their homes or offices, reducing human touch points and possible exposure to the coronavirus

Opportunities worth $1.5 billion expected in visa processing in next few years: Shikhar Aggarwal, Joint MD, BLS International

The company is optimistic about growth prospects and is poised to report its highest revenue and profit in FY22 despite the outbreak of the pandemic and processing only half the number of visas when compared to 2019.

Treacherous markets fuel boom in outsourcing investment teams

Globally, there was about $2 trillion of assets managed with full or partial discretion by outsourced chief investment officers by the end of March 2020, according to a survey

What does US major Accenture's strong growth outlook say about Indian IT industry?

The strong deal wins and outlook for FY21 indicate the healthy demand for coming quarters by the Indian IT services firms as customers continue to invest in digital.

COVID-19 impact | IT outsourcing business takes a hit as US, UK enterprises cut back on operations

Slowdown in sectors has cut demand for support services which form 60% top line of IT companies

Demonetisation boosts personal assistant apps in NCR

Through apps like Donething and bookmychotu.com, you can book people to run errands for you or even stand in your place in ATM queues.

Telstra plans captive unit in India for emerging technologies

Telstra is looking at opportunities to improve customer experience, a company spokesperson told BS in an e-mail adding that no decision has been taken on an offshore captive or global in-house unit yet.

IRDA imposes Rs 40 lakh fine on Royal Sundaram insurance

Insurance regulator IRDA has imposed Rs 40 lakh penalty on Royal Sundaram Alliance Insurance Company Ltd for violation of various guidelines related to outsourcing, advertisement and other norms.

Hexaware Q1 profit marginally up at Rs 84.18 cr

Commenting on the performance, Hexaware CEO and Executive Director R Srikrishna said: "While we had a challenging quarter for revenue and profitability, bookings from new customers continued to be strong driven by automation and digital transformation".

US contractor fined $3.1mn for outsourcing work to India

Authorities said the Indian company, which was unaware it had got the work illegally, fully and voluntarily cooperated with the investigation.

Skill Tree Workplace Excellence: HR practices evolve over time

This week on Skill Tree Workplace Excellence we get to know about companies who are known for their innovated work environment and excellent employment engagement programs.

Summit on outsourcing discusses: The changing face of BPOs

In tune with the need of the hour the Outsourcing Summit 2015 organised a panel discussion comprising of eminent speakers who looked into the changing customer expectations and how service providers need to rethink their business models to meet their business needs.

Watch: The Outsourcing Summit 2015

Outsourcing is one of the fastest growing segments in the IT services and India offers a unique combination of attributes that have established it as a preferred outsourcing destination.

IT cos need to invest heavily in digital biz: Kotak Instl

Kawaljeet Saluja, Executive Director and Head of Research at Kotak Institutional Equities told CNBC-TV18 that Indian companies will have to start investing more in the digital space in future.

NSE Finwiz Season 2: Bengaluru

NSE FinWiz meets the young professionals of Mindtree leading IT & Outsourcing Company at Bengaluru to gauge their understanding of personal finance.

Infosys signs $500 mn deal with British Petroleum

This deal, a five year group wide supplier agreement, also marks BP's return into outsourcing and hushes all talk of the company slashing down on work with Infosys.

Overseas investment in services drops 60% in April-December

With the drop in FDI in services, overall foreign inflows in the country dipped by 3 per cent to USD 22 billion during the nine-month period. Investments of USD 22.78 billion were made in April-December 2012.

Data protection norms in EU may hurt Indian IT: Nasscom

The EU Data Protection Directive governs trans-border data flows and lays down conditions for transferring of personal data of EU citizens outside the region.

Government IT Spending In India On Pace To Reach $6.4 Bn In 2013

IT services, which includes consulting, implementation, IT outsourcing and business process outsourcing, will be the largest overall spending category throughout 2017.

Indian Healthcare Providers To Spend $1 Bn In 2013

This forecast includes spending by health care providers on internal IT (including personnel), hardware, software, external IT services and telecommunications.

TCS: No slowdown here

How does any company find so many new workers each year? For most of the hires, 85 percent of whom come from India, TCS takes a quasi-production-line approach to ensure that engineering colleges are churning out the right candidates.

Accenture To Help Janalakshmi Financial Services Scale Up Operations

Indian microfinance company to outsource core business processes and IT management to Accenture.

DLF cuts staff strength by 30% after outsourcing activities

Realty major DLF cut its employee strength by 1100 or 30 percent in 2012-13 after outsourcing its construction and facility management activities.

Tata Consultancy may cut up to 290 jobs in Finland

TCS, whose Finnish customers include Nokia Oyj , has 800 employees in Finland, a company spokesman said.