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Outsourcing Firm Ciber Doubles India Staff
Region: United States
Media reports say U.S. outsourcing firm Ciber is planning to double its headcount in its India centers located in Bangalore and Chennai. . The IT services firm reportedly made the decision due to higher demand from clients. Additionally, Ciber is seeking to take advantage of India as an offshoring site.. Ciber,is projected to spike its staff to 659 by the end of next year at its Chennai and Bangalore – the compa... more
Views: 67 Rating:
Outsourcing Firm Ciber Doubles India Staff
Region: United States
Media reports say U.S. outsourcing firm Ciber is planning to double its headcount in its India centers located in Bangalore and Chennai. . The IT services firm reportedly made the decision due to higher demand from clients. Additionally, Ciber is seeking to take advantage of India as an offshoring site.. Ciber,is projected to spike its staff to 659 by the end of next year at its Chennai and Bangalore – the compa... more
Views: 114 Rating:
CBI Arrests Satyam Audit Head for Fabricating Books of Accounts
Region: IndiaV.S. Prabhakar Gupta, Senior Vice-President cum Global Head of Audit cell of Mahindra Satyam (erstwhile Satyam Computers) was today (21st Nov’09) arrested by Central Bureau of Investigation on charges of fabricating books of accounts of Satyam Computers and conspiring with other co- accused to defraud the computer giant. Gupta was later produced in court and was remanded to judicial custody till 26th November. Gu... more
Views: 170 Rating:
Hackett Research: 300,000 IT Jobs Gone in 2009
Region: United States
According to the Hackett Group about 300,000 IT jobs have been deleted this year. This increase in job losses will acout for almost 2 million tech positions from 2000-2014, reports ZDNet. Hackett reports that IT is one sector that is taking the hit for firms cutting back on back-office jobs outsourced to countries like India, Philippines, China, Vietnam and Eastern Europe.This year alone about 630,000 back office po... more
Views: 203 Rating:
Indian Outsourcers Find Europe a Tough Market Amid Recession
Region: India
In the wake of recession, many big name Indian outsourcers turned to European clients to avert the decline in demand in the U.S. However, this attempt has been in vain, as Europeans are resistant to outsourcing and they have several outsourcing giants of their own, says Forrester Group. Capgemini is a leading outsourcer headquartered in Paris, France. According to Forrester's prinicpal analyst, Sudin Apte, Indian fir... more
Views: 268 Rating:
GM Announces It Will Pay Back Gov’t Loan With Gov’t Money
Region: United States
GM will be begin paying back the TARP money in December [1], the company announced [2] this morning. It’s a statement in need of a little context. Basically, GM will be using a portion of its $50 billion in TARP bailout money [3] it received to in turn repay another portion of the TARP loans. The reason GM can do this is because when GM emerged from bankruptcy, it struck a deal with the Treasury Department to c... more
Views: 159 Rating:
SITEX 2009 Coming Up To Singapore Expo
Region: SingaporeAfter IT Show 09, PC Show 09 and Comex 09, its time of the year again for the upcoming SITEX 2009, Singapore. It is also the time IT gadgets enthusiasts out there to hunt for some bargains. Although, the economy is still recovery, many of us are still feeling the squeeze in our budgets which made these exhibitions or shows extremely popular. Christmas is round the corner and this show is exactly the best place to get s... more
Views: 294 Rating:
Cheque Distribution Ceremony held
Region: PakistanLAPH distributed rehabilitation cheques among widow women. CHITRAL: Legal Awareness Program for Human Rights (LAPH) distributed cheques of rehabilitation among widow women of Chitral. District Nazim Chitral Haji Maghfirat Shah was chief guest on the occasion while the ceremony was presided over by Sartaj Ahmad Khan Tehsil Nazim Chitral. Addressing on the occasion Maghfirat Shah highly hailed social... more
Views: 166 Rating:
IMF: INCREASING SDR CAN BENEFIT AFRICA
Region: NigeriaEconomic perspective and analysis by Emeka Chiakwelu International Monetary Fund (IMF) will substantially increase its Special Drawing Rights (SDRs) from its lower original reserve to 204 billion which is proportionate to $324 billion. In the last G-20 summit held in America, the members of this important group of the largest economies gave the IMF the green light for creation of significantly larger SDRs. ... more
Views: 291 Rating:
Americans Overspend, Misunderstand Basic Financial Snapshot
Region: Pennsylvania
Our nation's current financial crisis was predicated on overspending--as a nation and as individuals. It comes as no surprise that a significant percentage of Americans lack a basic understanding of their finances: what their family is bringing home vs. what they're laying out. With lines of credit long and cash vaguely vanishing, many inquire each month, "Where does all my money go?" A new Web site, http://ww... more
Views: 146 Rating:
