Archive for Blog
Real Estate prices remain firm in the face of falling demand
Regardless of the steep fall in real estate transactions in recent months, prices have remained steady, Reserve Bank of India’s (RBI) macroeconomic and monetary development report said on Monday. RBI said that though interest rates remained high, home loans disbursals have gone up while overall credit off-take has fallen. According to RBI data, interest on [...]
Read moreIGMAS Launches Comprehensive Outsourced Hospitality IT Services Model
IGMAS Technologies, Inc. has launched a fresh approach to meeting the on-site IT needs of hotel operations. By providing a streamlined Hospitality IT “Service Center” model and moving most of the labor-intensive aspects of hotel IT operations to a centralized and well-staffed hospitality super center, the firm is bringing impressive operational management, service, and support [...]
Read moreIndia Inc recovers 20% of market value lost in 2011
The new year seems to have begun on a good note for India Inc in the stock market, as just 10 days of trading in 2012 has helped them recover one-fifth of the total loss suffered in its valuation during entire 2011. It is the large corporate houses like Ambanis and financial conglomerates like ICICI [...]
Read moreCloud Computing De-Mystified
In the new world, the biggest buzz word to sell products and services is the ‘cloud’. In the case of cloud computing, everybody has heard of it, but no one knows what it really means. Cloud computing as a concept and service is making inroads into businesses everywhere. This article will serve to help businesses [...]
Read moreWith Accenture Hiring 60k in 2012, IT Outsourcing Takes Stock to $60
Accenture (NYSE:ACN) is expected to hire at least 60,000 employees in 2012 after ending the last quarter with a global headcount of 244,000, according to an article by consultant Sramana Mitra. As Accenture tends to maintain its utilization rates stable at above 85%, the projected increase in headcount indicates that the firm is expecting good [...]
Read moreIndia Allows 100% FDI In Single Brand Retail
The Indian government on Tuesday allowed foreign investors to float and run wholly owned single brand retail stores even as the bigger reform measure of opening multi-brand retailing to international investors remains mired in political cobweb. Currently, foreign direct investment (FDI) in retail trade is prohibited except in single brand product retail trading in which [...]
Read moreOutsourcing & Cloud for Small Business
Outsourcing IT support is a way in which small businesses can reduce their expenditure, according to technology expert Phil Wainewright. Mr Wainwright, who is vice-chairman of Eurocloud, said that paying people to run servers and kept day to day maintenance in check by employing in-house IT staff is an expense that could be better utilised in [...]
Read moreCognizant confirms strong IT demand
The US-based firm, Cognizant Technology Solutions Corp. reported a 7.8% sequential growth in revenue to $1.6 billion i.e. strong earnings for the September quarter, rounding off the results season for the information technology (IT) outsourcing industry in style. The US-based firm, with large global delivery centres in India, reported a 7.8% sequential growth in revenue [...]
Read moreCapgemini & Fourth Generation BPO
The business process outsourcing model continues to evolve. Capgemini talks with us on its fourth-generation BPO projections. Business process outsourcing, more commonly known as BPO, has seen its share of innovation since its mainstream acceptance in the mid-90s. Capgemini’s Steve Rudderham got involved in the BPO market from the get-go, as the outsourcing guru worked for [...]
Read moreHow to Improve Outsourcing?
With big pharma and biotech companies looking to cut costs and optimize their spending, the methods used in outsourcing partner selection are more relevant to the industry than ever before. Data derived from the input of executives responding to Nice Insight’s Q3 Pharmaceutical and Biotechnology Outsourcing survey indicates that companies will outsource an average of [...]
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