Economy
Apax Partners LLP buys Brazil’s Outsourcing firm Tivit for $1 Billion
By Tarry Singh at 10 May, 2010, 12:39 pm
The coming 10 years will be defining as a lot of technological, geo-political, trans- and continantional changes will redefine the global sourcing landscape. A lot of protectionism will creep in. Outsiders will have to re-develop their strategies, make good and dedicated local and regional acquisitions. Some big local acquisitions too will come in. TCS, as [...]
Read More >>Cognizant acquires a Program-Management Consulting firm
By Tarry Singh at 10 May, 2010, 4:18 am
TEANECK, N.J., May 10 /PRNewswire-FirstCall/ — Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, announced today it has acquired The PIPC Group, a global program management consulting firm based in London. The terms of the transaction were not disclosed. With more than 200 professionals worldwide, primarily in the [...]
Read More >>Huawei, ZTE get banned in India; Security risk the main reason
By Tarry Singh at 8 May, 2010, 7:14 am
When it comes to China’s Big Two, though, India’s policies are hardly favorable. The government has sent letters to Indian phone companies saying they can’t buy equipment from Huawei, ZTE, and several other mainland companies due to security risks. In April, researchers reported that Chinese hackers had targeted Indian defense computers. And in December, India [...]
Read More >>Outsourcing Deal: Cipla, Pfizer may sign an outsourcing deal soon
By Tarry Singh at 7 May, 2010, 6:34 am
Cipla, Pfizer may sign an outsourcing deal soon, reports CNBC-TV18, quoting NewsWire18. Amar Lulla, Joint MD, Cipla, reiterated that the Indian drugmaker is in active talks with Pfizer. “The outlicencing deal will be for emerging markets.” On April 8, CNBC-TV18 reported that Cipla had launched Nexavar generic at one-tenth of Bayer’s price. The drug is [...]
Read More >>Cognizant: The rising star in Outsourcing world
By Tarry Singh at 7 May, 2010, 6:09 am
Cognizant Technology Solutions, which was spun off from credit-information provider Dun & Bradstreet Corp. in 1996, is headquartered in Teaneck, N.J., and listed on the Nasdaq, but most of its operations and three-quarters of its work force are in India. On Tuesday, it said its revenue rose 6.3% to $960 million for the quarter ended [...]
Read More >>Irish outsourcing firm Gem changes tack; plans 10% cut instead of previously planned 900 new hires
By Tarry Singh at 7 May, 2010, 6:04 am
A £19.5m investment which would have resulted in up to 900 new jobs in Northern Ireland has been put on ice, the Belfast Telegraph can reveal. In a double blow, outsourcing firm Gem yesterday told its 800 staff that 10% of the workforce is also facing the axe. The grim announcement affects 60 workers in [...]
Read More >>Greenpeace: Cloud Computing will make the world a much warmer place
By Tarry Singh at 2 April, 2010, 2:11 am
I and my co-author proposed a vision paper suggesting a fiscally driven multi-state level policy where energy companies can use a common strategy to drive down the waste and increase efficiency while still staying competitive. That paper was called “Smart Metering the Clouds” . This was supposed to help us all stop the massive build-out [...]
Read More >>Global Economy: Is China closing for business?
By Tarry Singh at 26 March, 2010, 12:51 am
Nearly a decade after China’s entry into the World Trade Organization, many foreign companies say the warm reception they once received has turned frosty. While China can still be highly profitable, some question how long that will last as Beijing changes the rules to give a lift to its domestic companies, especially state-owned enterprises. A [...]
Read More >>Dell seeking to dump China in favor of “safer” sourcing countries?
By Tarry Singh at 25 March, 2010, 7:27 am
These talks, which Dell currently is denying must obviously have taken place, its just that the press got a bit too excited and posted it all on the Indian Press about Indian Prime Minister’s comment on Dell’s plans. Dell and Indian officials are not available for comment. Dell Inc. denied an Indian government release that [...]
Read More >>Quantum Step Whitepaper: “Exploding the Myths of Cultural Barriers to Offshoring” whitepaper
By Tarry Singh at 24 March, 2010, 1:28 am
Never before has there been such a great insight into the cultural aspect of offshoring been explained. CLICK HERE TO GET IT. We recently conducted a study by interviewing senior management at more than 30 European organisations to understand their perspective and experience with offshoring. The premise of the study was to identify whether cultural [...]
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