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HindustanTimes Sat,26 May 2012
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IT-BPOs

Satyam directors acted like rubber stamps: CBI

The CBI, conducting investigations into the accounting scam of Satyam Computer Services, today said all the directors on the board of the beleaguered firm had acted as “rubber stamps” and “not even a single dissent note” was recorded during the board meetings.

IBM and Oracle eye Technopark as next destination

Global IT majors IBM and Oracle are planning to set up units at the Technopark in Thiruvananthapuram, official sources said yesterday.

Outsource jobs good, but conditions could be better: UN

Global back office outsourcing is creating "reasonably good" jobs in poorer countries, but staff are stressed and some work conditions have to be improved, a United Nations study said today.

Slowdown likely in IT spend: Gartner

Global IT spending is set to slow down in 2010 on account of a weak euro versus the US dollar, said IT research firm Gartner on Thursday.

Yahoo to buy back stocks worth $3 bn

Yahoo wants to decrease the number of its shareholders and will buy back up to $3 billion in stocks over three years, the internet search company said yesterday after its board approved the move at its recent annual meeting.

Wipro wins Microsoft country partner award

Wipro has won the 2010 Microsoft country partner of the year award for delivering market-leading customer solutions built on Microsoft technology, the IT bellwether said in Bangalore today.

A new smart way to connect academia and industry

Brilliant research projects by students of technical institutes across the country would now be able to serve the needs of small and medium scale industries rather than collecting dust in store rooms.

Satyam case: court orders release of accused Srinivas

In a setback to CBI, a city court today rejected the investigating agency's plea and ordered release of Talluri Srinivas, an accused in the multi-crore Satyam fraud case.

PC sales marginally up at 37 lakh in H1

Economic recovery coupled with improving income levels helped hold PC (personal computer) sales during April-September 2009.

BPO major EXL eyes new segments

EXL Service, the business process outsourcing (BPO) major is altering its business practices in the fast changing global economic scenario. The company plans to change the way it bills its clients and include more business segments and regions under its ambit, reports Vivek Sinha.

The Filipinos may wrest BPO crown: Genpact

South East Asian neighbour The Philippines is exploiting BPO opportunity in a big way and could dent India’s presence, says Pramod Bhasin, president and CEO of Genpact, the corporate reincarnation of GE Capital’s back-office unit that started the call centre revolution in India, reports Vivek Sinha.

Wipro opens development centre in Melbourne

Wipro Technologies, the third largest IT exporter, on Tuesday announced the inauguration of its new Melbourne development centre.

Pilot asks Canadian companies to join India's IT boom

Sachin Pilot, India's minister of state for communications and information technology, on Wednesday asked Canadian companies to invest in India to take advantage of the IT revolution in the country.

Intelenet to hire 7k personnel in FY 11, enter new geographies

With the IT industry expected to expand by 15-20 per cent on the back of an improving global economy, leading BPO service provider, Intelenet Global Services (Intelenet), plans to expand its footprint overseas and hire around 7,000 personnel this fiscal, a top company official said.

India's KPO mkt may grow 25-30% annually till 2013: Gartner

India's Knowledge Process Outsourcing (KPO) market is forecast to grow by 25-30 per cent annually till 2013, driven by rising demand for professional services, global research firm Gartner said.
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