Offshoring and outsourcing a mixed bag for American jobs, wages

A new study by UC Berkeley and Massachusetts Institute of Technology (MIT) researchers finds that the practices of outsourcing and offshoring jobs appear to have both positive and negative effects on American jobs and wages.

India's Wipro Q2 profit up 29%, beats forecasts

India's third-largest software firm Wipro on Tuesday reported quarterly net profit climbed 29 percent year-on-year, led by a jump in outsourcing orders as global business conditions improved.

Infosys profits up slightly despite currency woes

Indian software outsourcing giant Infosys posted slightly higher quarterly profit Friday and maintained its revenue growth forecast despite the weak rupee and uncertainty about U.S. visas for its employees.

US immigration bill could slow Indian outsourcers

Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich nations. ...

India's TCS reports 22% rise in quarterly profit

India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.

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Outsourcing

Outsourcing is the process of contracting a business function to someone else.

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