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ITeS-Tech-The Economic Times

News about companies and business relating to Business Process Outsourcing, BPO & Call Centre, Outsourcing News, CallCentre, Jobs India, Indian BPO and Outsourcing Industry.

Last Build Date: Mon, 24 Apr 2017 14:25:53 GMT

Copyright: Copyright:(C)2017 Bennett Coleman & Co. Ltd,

Infosys in process of adding two new members to board - Report

Mon, 24 Apr 2017 14:05:16 GMT

(image) The TV report on Monday said chief financial officer M.D. Ranganath was a contender to be one of the two new additions to the Infosys board.

TCS, Infosys accounted for only 8.8% of total H-1B visas: Nasscom

Mon, 24 Apr 2017 13:41:49 GMT

(image) TCS and Infosys together received 7,504 approved H-1B visas in 2014-15, which is only 8.8 per cent of the total approved H-1B visas, it added.

HCL acquires Urban Fulfillment Services for $30 million

Mon, 24 Apr 2017 13:31:55 GMT

(image) HCL will be acquiring 100% stake in UFS and the total cash consideration for this transaction is up to $30 mn, including contingent payments subject to certain financial milestones.

H-1B rigging charge: Only 6 of top 20 visa recipients are Indian firms, says Nasscom

Mon, 24 Apr 2017 11:19:21 GMT

(image) TCS and Infosys together received 7,504 approved H-1B visas in FY15, which, Nasscom said, is only 8.8% of the total approved H-1B visas.

HCL to acquire US-based mortgage BPO provider for $30 mn

Mon, 24 Apr 2017 08:37:11 GMT

(image) The total cash consideration for this transaction is up to $30 million, including contingent payments subject to certain financial milestones.

L&T Technology Services to develop smart campus in Israel with Microsoft

Mon, 24 Apr 2017 08:30:00 GMT

The multi-year project was awarded shortly after LTTS and Microsoft expanded their existing partnership for Smart City, Campus & Building (SCCB) solutions based on Microsoft Azure.

US accuses Infosys and TCS of cheating in H-1B lottery to unfairly corner lion's share of visas

Mon, 24 Apr 2017 04:44:22 GMT

(image) An official in the Trump administration said a small number of giant outsourcing firms flood the system with applications which naturally ups their chances.

IBM banks on enterprise, cognitive services

Sun, 23 Apr 2017 19:53:21 GMT

(image) The company, which can offer public, private and hybrid cloud services, has also appointed Vikas Arora, former general manager of Dell EMC Asia Pacific and Japan, to head its cloud business in March.

TCS hired 11,500 people in offshore markets in FY17

Sun, 23 Apr 2017 19:13:50 GMT

(image) The software services firm added 79,000 employees (gross) and 33,380 employees (net), taking its employee base to 3.87L at the end of March.

Indian IT companies don't steal jobs, they make jobs: Ravi Shankar Prasad

Sat, 22 Apr 2017 13:00:34 GMT

(image) The immigration policy has left high-skilled Indian tech workers in US in limbo, while IT companies are grappling with higher visa costs and stricter immigration rules.

Indian techies, IT firms fret as Donald Trump orders US visa review

Sat, 22 Apr 2017 05:40:41 GMT

(image) Experts say Trump's order to review visa processes is aimed at firms like TCS, Infosys and Wipro, which from 2005-14 snagged around 86,000 H-1B visas.

Cognizant CEO Francisco D'Souza gets USD 12 million pay package in 2016

Fri, 21 Apr 2017 18:13:23 GMT

(image) In 2016, D'Souza received USD 8.25 million in compensation that included salary (USD 664,000), annual cash incentive (USD 450,000) and other components like PSU.

Why being a techie in India is no longer cool

Fri, 21 Apr 2017 10:56:30 GMT

(image) Working with a technology company in India today is fraught with risks. Indian IT is facing several challenges which has taken the sheen off the sector.

Marginal salary increase for Cognizant senior management

Fri, 21 Apr 2017 09:13:14 GMT

(image) 2016 has been a tough year for the IT services company, and industry as a whole, which is struggling with multiple challenges from the H1B visa issue to automation.

SAP Labs India likely to hire 2,500 engineers in next 2 years

Fri, 21 Apr 2017 06:01:02 GMT

(image) The company has hired around 1,500 in each of the past 2 years. The 5.15 lakh sq feet new facility has been established with an investment of 50 mn euros.