India's TCS quarterly profit leaps 23%
India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.
Business
Apr 23, 2012
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India's Infosys shares fall on US probe worries
Shares in Infosys, India's second-largest outsourcing firm, fell four percent in Mumbai on Monday after the firm revealed that US authorities were probing alleged irregularities in its business visas.
Business
Apr 23, 2012
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Indian outsourcers 'employ 100,000 in US'
India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.
Business
Mar 23, 2012
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India's IT giant TCS slumps despite profit boost
Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.
Business
Jan 18, 2012
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Rise of outsourcing poses new cybersecurity problems
Big banks, hospitals and insurance companies worry about computer security because they handle so much personal information.
Internet
Nov 10, 2011
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Study: Outsourcing hurts consumers by softening competition among firms
Firms that outsource aspects of their business to a foreign country may profit by saving money, but the practice tends to soften the competition among industry rivals, exacting a hidden cost on consumers, says new research ...
Economics & Business
Jan 10, 2011
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Amazon.com to hire thousands to fill orders
(AP) -- Amazon.com Inc. said Friday it is hiring more than 15,500 people to fill temporary holiday jobs at shipping centers around the country, more than it hired last year.
Business
Nov 12, 2010
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Court hears India's 'biggest corporate fraud' case
The disgraced founder of Indian outsourcing giant Satyam appeared in court Tuesday in a billion-dollar corporate fraud case dubbed "India's Enron".
Business
Nov 2, 2010
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