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"Homeshoring" To Replace Offshoring
AHN
The International Data Corporation said a new trend in call centers and business process outsourcing providers in Asia Pacific countries is rising. It is called "homeshoring" and involves individual customer care agents working from their homes. IDC's report, First There was Offshoring, Now There...
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Rise In Innovation Offshoring Worries America
AHN
While manufacturing and low-level service jobs in the US are increasingly being moved offshore, it is widely assumed that research and development (R&D) jobs are not. However, Asia's rise as an important location for outsourcing has begun to challenge these ideas....
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Infosys First Quarter Net Up 49 Percent Due To Outsourcing
AHN
Infosys Technologies Limited leaped to an excellent start in 2006-2007 due to outsourcing from Western countries that jump-started its net profit by 49.2 per cent in the first quarter (April-June 2006). The company improved its earnings and acquired 38 new clients as well as fresh orders as a...
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WNS Holdings To Go Public On The NYSE
AHN
According to a filing made with the Securities and Exchange Commission on Monday, WNS Holdings plans to raise about $74 million through its public debut. WNS is a provider of offshore business outsourcing services to customers in Europe and North America and is based in Mumbai, India....
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Danish Toy Maker To Cut Over 1,000 Jobs In 3 Years
AHN
Lego, a Danish toy maker on Tuesday announced its plan to cut jobs as an initiative of its cost saving efforts. The company said that it would cut up to 900 of 1,200 jobs at Lego's Danish production facilities by outsourcing most of its production to U.S. manufacturing services giant Flextronics...
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EDS To Acquire Stronger Foothold In Indian Outsourcing Market
AHN
Shaveta Bansal - AHN Contributor
Washington D.C. (AHN)- Electronic Data Systems, the number two player in the U.S.,says it is offering $380 million to acquire a 52 percent stake in Indian business process and software development outsourcer Mphasis BFL Ltd.
Out of 12,000 employees,...
Sources: AHN
R.R. Donnelley to buy outsourcing firm for $250 mln
YAHOO
Reuters - Printing services company RR Donnelley
& Sons on Monday said it has agreed to buy OfficeTiger,
a business process outsourcing company, for about $250 million
in cash.
Sources: YAHOO
Blue-chips dip on weak home sales
YAHOO
Reuters - U.S. stocks were slightly lower on
Friday after sales of new U.S. homes fell sharply in November,
but the Nasdaq stayed in the black as investors bought up
outsourcing companies after talk of a deal in the sector and
got some good news in the biotech companies.
Sources: YAHOO
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