Can Bangalore be India’s global captive center capital?

The IT capital of India, Bangalore, is heading towards a boom in the sphere of global in-house centres (GIC) or captive centers. Global players are on their way to the city to enhance their presence in the expanding Indian market. From one of the most famous lingerie brands to the world’s largest beer makers, the […]

UBS bank’s Indian outsourcing unit fails to prevent fraudulent trading

A probe initiated jointly by Swiss and British regulators found that the Indian outsourcing unit of the global banking giant UBS, failed in putting control for detecting suspicious trading activity. A loss of around $2.3 billion was found out in this probe, which has again thrown doubt over the outsourcing of critical functions in global […]

What is offshoring?

Offshoring is a typical outsourcing model where business functions of an organization are performed in another country. The most important driving force behind offshoring is the cost reduction that organizations are able to achieve. Other reasons why companies go for offshoring are strategic in nature which includes entry into newer market, to utilize talents that […]