Shares in Indian outsourcing giant Infosys dived Friday after it issued a disappointing growth forecast and warned of global challenges, sparking worries about other firms in the flagship sector.
Apr 12, 2013
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The Top 10 users of H-1B visas in FY 2012 were companies who specialize in shipping American jobs offshore, according to an analysis of government data by Computerworld magazine.
Feb 22, 2013
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A British politician has resigned over a county council's decision to use voice analysis technology that some liken to lie detector tests on people claiming a tax discount.
Jan 23, 2013
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Sales by India's flagship outsourcing industry are likely to grow by 11 percent this fiscal year to at least $75 billion in the face of a challenging business environment, an industry lobby group said Monday.
Nov 12, 2012
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India's fourth-biggest outsourcing company, HCL Technologies, reported on Wednesday a 67 percent jump in quarterly net profit from a year earlier as client orders surged.
Jul 25, 2012
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India's biggest outsourcing firm, TCS, on Thursday posted a 38 percent rise in quarterly profit, beating analysts' estimates, while earnings of rival Infosys disappointed investors.
Jul 12, 2012
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Millions of Bangladeshis have been unable to use the Internet or suffered slow connections after a submarine cable was cut off the coast of Singapore, an official said Thursday.
Jun 07, 2012
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Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.
Apr 24, 2012
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India's biggest outsourcing firm TCS reported Monday net profit jumped 23 percent in the three months to March, beating market forecasts as US and European customers boosted orders.
Apr 23, 2012
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Shares in Infosys, India's second-largest outsourcing firm, fell four percent in Mumbai on Monday after the firm revealed that US authorities were probing alleged irregularities in its business visas.
Apr 23, 2012
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India's IT outsourcing sector has nearly doubled the number of jobs it has created in the US in the last five years and now employs more than 100,000 people, an industry group said on Friday.
Mar 23, 2012
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Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.
Jan 18, 2012
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Big banks, hospitals and insurance companies worry about computer security because they handle so much personal information.
Nov 10, 2011
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Firms that outsource aspects of their business to a foreign country may profit by saving money, but the practice tends to soften the competition among industry rivals, exacting a hidden cost on consumers, says new research ...
Jan 10, 2011
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(AP) -- Amazon.com Inc. said Friday it is hiring more than 15,500 people to fill temporary holiday jobs at shipping centers around the country, more than it hired last year.
Nov 12, 2010
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