- October 2003
- Netravali’s Omni Capital to set up $250 mn VC fund, to focus on outsourcing R&D firms
- India: The undisputed BPO king
Even as the Indian IT services industry grapples with billing pressures, a rising rupee and intense competition from its global peers, the business process outsourcing sector is cashing in on the soaring demand for its value-added services from global players.For instance, if the IT services sector took a decade to hire 130,000 software professionals in India’s [ Images ] IT capital, Bangalore, the BPO segment has been able to recruit about 60,000 people in just 3 years, registering a growth rate of 275 per cent despite troubled times.
- Plan to move UK rail queries to India opposed
- BPO will propel 21st century growth
- Now a call centre for astrology in Bhopal
- More US jobs to shift out, mostly to India
- BPO firms head-hunt in smaller cities
- vCustomer to bank on tech support
- Godrej group company Lawkin to acquire US call centre UpStream for $1 million
- Don’t blame India for job loss: Prescott
Asking Britain’s trade unions to show a sense of fairness towards India, British Deputy Prime Minister John Prescott has said that it was ‘unfair’ to blame India for loss of British jobs because of ‘outsourcing’ and India must be given a chance to develop its skills and markets.”The trade unions here must show a sense of fairness towards India vis-a-vis winning outsourcing deals from some of Britain’s biggest firms. The furore is unfair and India must be given a chance to develop its skills and markets,” Prescott said while speaking at a reception hosted by the Labour Friends of India at Bournemouth.
- The Indian BPO juggernaut rolls on
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