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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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TCS to Build ‘World’s Largest’ IT Training Center

TCS to Build ‘World’s Largest’ IT Training Center

By Narayan Ammachchi Outsourcing giant TCS is building what it calls the world’s biggest technology training facility in the Indian town of Thiruvananthapuram. The expansive facility, spread around an area of nearly 100 acres, will be used to train the ...

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Wipro Acquires US-Based Opus CMC for $75 Million

Wipro Acquires US-Based Opus CMC for $75 Million

By Narayan Ammachchi Wipro has acquired mortgage services provider Opus CMC for $75 million  as the Indian outsourcing firm digs deeper in its search for BPO contracts in the lucrative US home-loan services market. The housing loan market in the U.S. ...

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Report: Corporate World Struggles to Monetize Social Media

Report: Corporate World Struggles to Monetize Social Media

By Narayan Ammachchi Global businesses are generally still clueless as to how to monetize social networking sites,  and only 10 per cent of enterprises have managed to gain expected returns on their investments on social media, shows a survey conducted by Indian ...

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