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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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Sergio Paulo Gallindo to Take Over as CEO of Brasscom

Sergio Paulo Gallindo to Take Over as CEO of Brasscom

By Narayan Ammachchi A former executive of British Telecom (BT), Sergio Paulo Gallindo has been named CEO of Brazil’s IT lobby group Brasscom. Gallindo succeeds Antonio Carlos Rego Gil, who will take up the position of guest adviser in the association. Brasscom ...

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