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India’s largest outsourcer, Tata Consultancy Services (TCS), posted strong revenue and profit growth in U.S. dollar and rupee in the quarter ended June 30, as demand for offshore outsourcing services rebounds. The company said on Thursday that its revenue had grown in dollars by 21 percent to $1.8 billion, while profits were up 29 percent [...]

Customers are looking for a variety of new capabilities from IT outsourcers, ranging from their involvement in business outcomes to greater knowledge of the customer’s area of business, according to a report by Forrester Research. This change puts pressure on outsourcers, including India’s top outsourcers like Infosys Technologies and Tata Consultancy Services (TCS), who in [...]

India added 487,000 jobs in its IT and BPO (business process outsourcing) export industries in the quarter ended Dec. 31, despite the global recession, according to a Quarterly Quick Employment Survey by the country’s labor bureau. The survey was conducted to assess the impact of the economic slowdown on employment in India. [ Get sage [...]

India’s revenue from exports of IT and BPO (business process outsourcing) services is likely to grow 5.5 percent to $49.7 billion in the Indian fiscal year to March 31, 2010, according to estimates released Thursday by the country’s National Association of Software and Service Companies (Nasscom). The revenue figure includes exports by Indian outsourcers as [...]