Infosys to set up biggest campus in Hyderabad, invest Rs.1250 crore India's IT bellwether Infosys Technologies has commenced construction work on its second campus at Pocharam in Hyderabad, Andhra Pradesh, which, when completed, will be the IT consultant and software exporter's biggest campus in the world. 16 Aug 2008
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Cognizant posts 26 percent jump in Q2 2008, outlook cautious Leading provider of information technology, consulting and business process outsourcing (BPO) services, Cognizant has reported 26 percent jump in net income in the quarter ended June 30, 2008, despite market uncertainties. 06 Aug 2008
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Wipro's FY09 Q1 net profit rises 25 percent, cautious on outlook India's third largest IT consultant and software developer Wipro Ltd has reported 25 percent rise in net profit for the fiscal quarter ended June 30, 2008, but remained cautious on future business outlook. 20 Jul 2008
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TCS net profit rises 7 percent in FY09 Q1, warns of "difficult" times ahead India's top software services and consulting firm, Tata Consultancy Services (TCS) has reported a 7 percent rise in net profit for the fiscal quarter ended June 30, 2008, in line with market expectations, even as it gave a grim warning of slowdown in outsourcing business prospects due to existing turmoil in the global financial market. 17 Jul 2008
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WNS to acquire Aviva's BPO unit for $228 million, secures $1 billion multi-year contract India's leading provider of BPO services, WNS (Holdings) Ltd said it has acquired world's fifth largest insurer Aviva's BPO arm Aviva Global Services (AGS) for $228 million (£115 million), a deal that would give it $1 billion worth of outsourced work from Aviva over a period of eight years. 13 Jul 2008
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India's IT-BPO industry seen slowing down in FY09 but growth rate "robust": NASSCOM NASSCOM, the consortium that serves as the apex body of the Indian IT software and BPO industry, has projected that India's software and services exports would witness a slowdown in growth and rise between 21-24 percent to around $50 billion in the current fiscal year (FY09). 09 Jul 2008
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NIIT teams up with Genpact to equip students for IT-BPO industry Industry-specific talent development and training institute NIIT has joined hands with global provider of business services and technology solutions Genpact to set up a new venture, which will offer training in IT-BPO (Business Process Outsourcing) services and equip students for the industry. 15 Jun 2008
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Aditya Birla Group to pump Rs.75,000-80,000 crore in Orissa projects The Aditya Birla Group, one of India's largest business houses with diverse interests, is set to invest Rs.75,000-80,000 crore in sectors like aluminium,cement, telecom, BPO and retail in Orissa over the next few years. 23 May 2008
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Infosys to hire 25K employees in FY09, review role-based structure India's IT bellwether Infosys Technologies is set to hire about 25,000 employees this year across functions like IT services, BPO and consulting, allaying fears that economic slowdown in the US and financial turmoil globally will impact growth of IT firms in India. 19 May 2008
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Nasscom-Kearney study on IT-BPO industry identifies small cities with big potential Nasscom or National Association of Software and Services Companies, the consortium that serves as the apex body of the Indian IT software and BPO industry, together with global management consulting firm AT Kearney has released a comprehensive assessment report of 50 locations in India suitable for the IT - BPO industry titled 'Location Roadmap For IT- BPO Growth: Assessment Of 50 Leading Cities.' 06 May 2008
