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.
Business
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.
Business
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.
Business
Apr 23, 2012
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Indian IT giant Tata Consultancy Services on Tuesday denied a US class action suit that it unfairly kept the US tax refunds of Indian employees working abroad, saying the claims were "without merit".
Business
Apr 3, 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.
Business
Mar 23, 2012
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Business from emerging markets will help India's flagship information technology sector counter slowing demand in Western nations, the country's technology minister said Tuesday.
Business
Feb 14, 2012
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Companies that have moved some of their business processes offshore say they are more flexible and agile, and better able to adapt to competition in challenging economic environments.
Economics & Business
Feb 14, 2012
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Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.
Business
Jan 20, 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.
Business
Jan 18, 2012
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Malaysia-based computer whiz Arlene Teodoro packed his bags and flew home to the Philippines this year, going against the tide in an impoverished country that sends millions of workers abroad.
Business
Nov 24, 2011
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