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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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Apax Partners Acquires India’s GlobalLogic

Apax Partners Acquires India’s GlobalLogic

By Narayan Ammachchi Private equity firm Apax Partners has acquired India’s software R&D services provider GlobalLogic, which has significant operations in Argentina and Chile. Terms of the transaction were not disclosed but a report in The Times of India pegged ...

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TCS Hires Technology Graduates in the U.S.

TCS Hires Technology Graduates in the U.S.

Indian BPO provider TCS has hired 174 college graduates in the United States as part of its ‘commitment to generate jobs and support economic growth’ in the country. that accounts for a major portion of its outsourcing business. This is ...

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Jobs Growth and Attrition Decline in India

Some of India’s largest IT consulting companies won major contracts in the June quarter and their stock prices are rising as a result. Yet, on the hiring front – things are moving quite slowly. Hiring rates at TCS, Infosys and Wipro decreased by more than 50 ...

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India and Mexico Bet on Design for Outsourcing

With growth slowing in the IT outsourcing market, India is looking to further develop a labor force and infrastructure equipped to perform design-oriented tasks. According to a report in The Economic Times, the country last week laid a cornerstone for what will become a ...

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