Why BPO firm EXL is growing faster & performing better than peers
May 24, 2011
Last month EXLServices Holdings, a provider of back-office services, clinched a deal to acquire a former KPMG captive and a dedicated provider of finance and accounting services, Outsource Partners International (OPI).
The deal will make EXL one of the leading players in the finance and accounting (F&A) segment, the largest category of outsourced services after voice-based services
Tech Mahindra commences BPO operations in Philippines recruiting 600 associates
May 2, 2011
IT firm Tech Mahindra today announced that it has started BPO operations at Manila in the Philippines and has recruited 600 associates locally for this new operation.
"The Philippines is not only a key market for us, but also a strategic location from where we plan to service our global clients. We look forward to strengthening our presence in the Philippines," Tech Mahindra President - Corporate Affairs and Business Process Outsourcing Sujit Baksi said in a statement
Nasscom sees strong spurt in tech demand
April 27, 2011
Technology industry body National Association of Software and Services Companies (Nasscom) sees a strong revival of demand that could not only help meet, but even exceed, growth expectations for 2011-12. Newly-appointed Nasscom chairman for 2011-12, Rajendra S Pawar said in an interaction with ET: "We are coming back to growth levels seen prior to the slowdown and in the near term we see lot of headroom to catapult this growth.''
When asked whether this means Nasscom will revise its 15-17 % growth target for the year for the $70 billion technology and business services sector, Pawar said, "it's too early to comment, but we are on track to exceed this target.'' Pawar, 60, co-founder and chairman of education software company, NIIT , took over as Nasscom chairman from Harsh Manglik.