Essar’s Aegis group looks for $50-$200M acquisitions in Europe
By Tarry Singh at 23 August, 2010, 9:46 am
Aegis Ltd., an outsourcing unit of India’s Essar Group, will pursue acquisitions in the Middle East, Europe, Latin America and Africa during the next two years. The company is targeting deals in the $50 million to $200 million range and intends to complete one each quarter, Managing Director Aparup Sengupta said in an interview in [...]
Read More >>Most of APAC customers are looking at Cloud Computing
By Tarry Singh at 22 August, 2010, 6:19 am
Well, we know they have been looking at it for quite a few many years. Sometimes the surveys really don’t tell you much. I am curious about two things: – How many of them are doing it substantially? – What are their experiences with services like Force/Google/AWS and other tranditonal vendors as IBM, CSC, TCS, [...]
Read More >>Wipro signs 10 Year Total Outsourcing deal with TVS & Sons
By Tarry Singh at 17 June, 2010, 3:34 pm
Wipro, a provider of IT services, and TV Sundram Iyengar & Sons, an automobile and parts distribution provider, have signed a 10-year total outsourcing contract. The partnership aims at leveraging the information technology to drive business efficiencies across all business units and functional areas of TVS & Sons. The scope of services includes the suite [...]
Read More >>HCL wins $500 Million Multi-year Outsourcing Deal with Merck!
By Tarry Singh at 10 May, 2010, 4:44 am
Analysis: HCL has been in partnership with Merck since 2004, although this is the first time it has received a large total outsourcing contract from it. In 2007, both HCL and Cognizant (CTSH) signed deals with Merck but CTSH’s contract was multi-year, multi-million dollar to provide a full suite of services, including applications outsourcing, infrastructure [...]
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 >>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 >>Indian Data Center market to grow to $2.2 Billion, a CAGR of 22%
By Tarry Singh at 17 March, 2010, 8:37 am
And this doesn’t come as a surprise to us since we have been watching this market for quite a while. A data center services market has more potential and particularly the 3rd party data center services that firms like Google, Amazon can provide will win over the traditional SI players [who own their own data [...]
Read More >>India passes bill to allow Harvard, Yale, Boston Universities to open campuses in India!
By Tarry Singh at 17 March, 2010, 1:57 am
This will eventually mean bad news to many European and U.S universities who relied on foreign students, especially the now affluent Indians and Chinese youngsters to come to their countries. Now that all may be the thing of the past. Globalization is taking place where Indian students no more have to go to foreign land [...]
Read More >>MBA students on a gold rush to Asia!
By Tarry Singh at 15 March, 2010, 5:36 am
Well forget MBA, I have been getting enough calls from Asia (Mainland China, Singapore, India, etc) so as to seriously consider that option. I was indeed considering California but hey you ought to also have jobs in order to move. Asian economies are heating up, maybe a bit too much steam but still its time [...]
Read More >>Indian tech giant Infosys reports profits beating expectations; Sales rise 2% to $4.76 Billion!
By Tarry Singh at 12 January, 2010, 10:30 am
What can I say. These Indian giants are on a masive track and I must believe Gartner’s predictions that these Indian giants will loom large at their European and U.S counterparts as they get more agile and start picking up the tracks where most U.S and European firms keep struggling with their cost-cutting spree. Infosys [...]
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