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Tech Mahindra Buys 75 Percent Stake in Fix Stream

Tech Mahindra Buys 75 Percent Stake in Fix Stream

By Narayan Ammachchi Indian outsourcing firm Tech Mahindra has agreed to acquire 75% stake in US-based Big Data analytics firm Fix Stream Networks Inc (FSNI) for about US$10 million. The Pune, India-based BPO provider has stated the Fix Stream would ...

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Latin America Becomes TCS’ Second Fastest Growing Market

Latin America Becomes TCS’ Second Fastest Growing Market

By Narayan Ammachi Outsourcing giant TCS has reported a 51.5% rise in fourth-quarter net profit, with Latin America becoming its second fastest growing region after continental Europe. The Mumbai, India-based IT outsourcer stated that it is optimistic about winning more ...

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UST Global to Provide STEM Training for Women in the US

UST Global to Provide STEM Training for Women in the US

By Narayan Ammachchi IT outsourcing firm UST Global has unveiled a plan to provide STEM (Science, Technology, Engineering and Mathematics) education to more than 5,000 minority women in the United States over the next six years. The Los Angeles-based outsourcer stated ...

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Infosys to Open Another Delivery Center in Brazil

Infosys to Open Another Delivery Center in Brazil

By Narayan Ammachchi Infosys is expanding its operations in Brazil with the launch of a new delivery center in the city of Araraquara in the state of São Paulo. This marks the second time the Indian outsourcing giant has expanded its presence ...

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Private Equity Investors Buy Aditya Birla Minacs

Private Equity Investors Buy Aditya Birla Minacs

By Narayan Ammachchi India’s Aditya Birla Nuvo has confirmed the sale of its BPO unit Minacs to a group of private equity firms for $260 million. The new owners, Capital Square Partners (CSP) and CX Partners, have not disclosed their plans ...

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