Showing posts with label bfsi. Show all posts
Showing posts with label bfsi. Show all posts
Friday, November 13, 2009

IDC says India's domestic BPO market to touch $6.82 bn

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After establishing itself as a major player in the international BPO market, India is now set to shift focus on the domestic market, which i...
Sunday, August 30, 2009

Check out the latest update of SaaS studies

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Software-as-a-service (SaaS) is playing an important role in changing the fundamentals of business for user companies and for SaaS providers...
Wednesday, March 18, 2009

Will Infosys BPO layoff 600 contract workers?

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The business process outsourcing (BPO) arm of Infosys Technologies, Infosys BPO, reportedly terminated the services of over 600 contract wor...
Saturday, March 7, 2009

Progress Software target insurance, airlines sectors in India

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Progress Software Corporation is targeting the insurance, logistics, BFSI and airlines sectors that are mushrooming with many foreign player...
Wednesday, January 14, 2009

ING cuts 750 jobs due to economic slowdown

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Dutch financial services group ING Groep NV will cut 750 jobs, or 7 percent of its US workforce, as part of a global programme to cope with ...
Saturday, January 3, 2009

India gets more room to grow with Stimulus-II package

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The government on Friday announced the second and final installment of its fiscal stimulus package. Complementing monetary easing by the Res...
Thursday, January 1, 2009

Is it tough times ahead for techies in 2009?

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With sinking profits, eroding margins, cost-cuttings and an acquisition bid gone awry, 2008 was a year with more jeers than cheers for the c...

Top Citi bosses like Pandit to forego 2008 bonuses

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Citigroup Inc.'s Indian American chief executive Vikram Pandit and chairman Win Bischoff would forego bonuses for 2008, the ailing banki...
Saturday, December 13, 2008

Bank of America to slash 30,000 to 35,000 jobs

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Bank of America said it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and...
Friday, December 5, 2008

As crisis drags on; layoffs mount globally

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Credit Suisse and Nomura Holdings announced big job cuts on Thursday, further evidence the global financial crisis is unrelenting for an ind...
Wednesday, December 3, 2008

A lot more job cuts coming?

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We are witnessing the worst of financial services job cuts in history? Well, here's one way to look at it: If banks were bent on maintai...
Tuesday, November 18, 2008

Citigroup to fire 52,000 jobs globally

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Citigroup Inc revealed plans to cut 52,000 jobs by early next year in a dramatic move to restore the No. 2 U.S. bank to health as it combats...
Thursday, October 16, 2008

Lawson to make a dent in the Indian ERP market

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Lawson Software, the Minnesota-based third largest ERP company has entered the Indian market as part of the strategy to attract regional par...