Warburg Pincus and Vivtera announce investment in Arise Virtual Solutions
The investment will allow Arise to leverage Vivtera’s expertise in scaling up BPM companies, enhancing the differentiation and delivering superior business outcomes to its Clients using digital technologies.
Hinduja Global Solutions to sell its domestic CRM business to Altruist
"This is an all-cash transaction of Rs 40 crore, subject to adjustment...
Sensing growth, Teleperformance may up headcount to 150k
Overall, the company has about 300,000 employees, of whom 75,000 are in India, and i...
Nasscom picks its top 10 innovative tech firms of 2019
he ten startups, which have been picked from Nasscom’s Emerge 50 awards finalists, are from a wide range of sectors including Software as a Service, retail technology, fintech, logistics, healthcare, cyber security, internet of things, etc. The startups will be felicitated at the Nasscom Product Conclave 2019.
MNC tax: Delays plague mutual agreement process
MAP agreements are not made public, but a case that had hit the headlines was that of Nokia, where significant tax demands of above Rs. 2,000 crore were made on the Indian company.
Hexaware net profit up 6.7% in Q3
The company reported new wins worth $28 million during the quarter.
Infosys acquires 1,400 strong contact centre in Ireland
Eishtec informed employees of the transaction on Monday and told them they would be transferred to the Bengaluru-based IT services firm.
India’s share in IT, R&D biz up in 2 years: Report
In India, the number of employees across IT services and BPS services is in the ratio 55:45. For Singapore, it is 62:38, and for China 57:43.
Policy in works to outsource business process to home
Incentive scheme modelled on Amazon, MMT to encourage work from home.
Large BPM firms ride digital data analytics wave
Genpact, EXL Services and WNS register healthy growth as clients increase investments in data analytics.
Infy BPM is set to scale mount $1 billion in revenue this fiscal
Infosys BPM is expected to nearly double its revenue to $1 billion in the ongoing fiscal year.
IT services, tech startups put India on route to AI: ETILC
For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitise and store data. Industry is now increasingly adopting this infrastructure. Since legacy systems are slow to change, they are the laggards.
Visionet plans to hire 800 employees in 6 months
"We are planning to hire around 800 people in the next six months which will take our team strength to over 2,500 in India," Visionet Managing Director Alok Bansal told.
WNS Q1 net revenue rises 8% to $211.6 million; firm raises guidance
The company said revenue less repair payments is expected to be between $855 million and $895 million.
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