India based BPO Companies have become very aggressive in recent times and expanding their operations all over the country. Infosys, Tech Mahindra and Aditya Birla Minacs have opened new units and creating many jobs in BPO/KPO sector. Infosys BPO Limited, a subsidiary of IT major Infosys, signed an agreement with the Andhra Pradesh government to [...]
Posts Tagged ‘Infosys’
30 Sep
Hiring plan of Infosys, TCS and Wipro. TCS says Yes to hiring but Infosys says "no, we are already full".
TCS said the company plans to add 1,000 jobs in the United States in the next year to boost its presence in a market TCS sees recovering ahead of other regions like Europe. The company currently has around 13,000 workers in the US. To meet the recovery in demand and tap future business growth in [...]
7 Sep
Another Indian captive unit for sale. Morgan Stanley looking to exit Indian back-office operations.
It seems that U.S. based financial services firm Morgan Stanley, wants to exit its back-office operations in India. Many Indian IT companies are eyeing Morgan Stanley deal The bank is exploring all options, including a partial or entire sale of its back-office unit that does IT development and finance and accounting-related work for the U.S. [...]
7 Sep
No more Infosys in Kolkata. Wipro's expansion in Calcutta stalled by WB government.
The West Bengal government has stalled mutation of land purchased from farmers by the promoters of the proposed IT township. This land was supposed to be given to Infosys for opening up it’s first development center in Bengal and also by Wipro to expand its presence in this state. The project is close to the [...]
10 Jul
Infosys is riding on 'negative' path. Employees’ numbers, revenues and profits are going down quarter by quarter.
Infosys came up with their Q1 2009-10 results today. Revenue, Profits and total Employees head counts have come down from last Quarter Q4 2008-2009. Infosys had already cautioned the market during their last Quarter result that revenue and Profit will be down in this Quarter but it was worrisome to take note of total head [...]
30 Jun
UBS plans to sell its India based KPO/BPO units. Infosys or Wipro may bag.
Switzerland-based bank UBS is believed to have put its business process outsourcing (BPO) and knowledge process outsourcing (KPO) units up for sale. The bank, which has centres in Poland and Hyderabad, is in talks with Indian IT companies such as Infosys and Wipro, said a person familiar with the possible transaction. The UBS India Service [...]
20 Jun
Good news pouring in from Indian IT Services Providers. Infosys, TCS, Satyam, Tech Mahindra disclosing few nice surprises.
Last week Satyam (Part of Tech Mahindra now), Infosys and TCS disclosed few nice surprises. It seems that Indian IT Service sectors has left the past and looking ahead for future. In relief to the Satyam employees, about 400 people who were asked to sit on the virtual bench have been called back into the [...]
21 May
Good news for Americans and NRIs. Infosys may hire 1000 in US directly.
Indian software firm Infosys plans to hire about 1,000 people in the US in the next 12 to 18 months amid a gloomy job market. It seems that Infosys is spinning the news for non-cooperative US Senators and media. Infosys may hire laid-off US-Based Indians/NRIs from US for its local job instead of Americans but [...]
10 May
Internal News: Infosys is buckling under pressure. Layoffs expected in Infosys Consulting.
Internal news (Not available in Public domain): Infosys was trying hard to budge the recession impacts for last three to five quarters but his efforts is going waste. Infosys seems to be visibly frustrating with the way world economy is pushing. In the Infosys history, Infosys declared Jan-Mar 2009 Quarter having negative growth in terms [...]
2 May
Alternatives to layoffs in Infosys, Hexaware, Wipro and Mastek. Go for long Sabbatical or get trained with 50% cut in salary or get out.
HR personals in Infosys, Hexaware, Wipro and Mastek have become innovative and trying to find the alternatives to layoffs unlike western IT companies. One of these alternatives is taking long sabbatical with major cut in salaries like what Infosys and Mastek did. It could be creating ‘virtual bench’ by Mastek where employees will take severe [...]
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