Thirty-eight employees of a BPO were sacked, making it one of the biggest instances of retrenchment in the IT hub of Salt Lake’s Sector V. The employees were reportedly asked to leave soon after they came to office in the morning. The workers went into a huddle and then started demonstrating first inside the office and then on the road outside
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Bpo Employees Being Sacked
BPO firm Genpact today said it has signed a five-year contract with pharmaceutical firm AstraZeneca for providing finance and accounting services. Under the terms of the contract, Genpact professionals will work in partnership with AstraZeneca’s finance team to boost the effectiveness of some of the pharma firm’s finance and accounting processes, Genpact said in a statement. The multi-million dollar contract will deliver services to over 50 countries, it added.
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Genpact Bpo Signs A 5 Year Contract With AstraZeneca
Allen Lam, a former Infosys BPO senior management member, who was asked to leave the company on “ethical grounds” following a six-month jail term this July in Hong Kong on charges of insider trading during his stint with CLSA in 2005, has now been banned from the industry for life by Hong Kong’s Securities and Futures Commission. Lam was with Infosys Technologies as head of its Asia-Pacific BPO business for around two years and reported to Amitabh Chaudhry, whose resignation as Infosys BPO’s CEO & MD was confirmed by the company yesterday.
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Former Infosys BPO Head Banned For Lifetime
A BPO employee jumped from the top of his house and ended his life in Murugeshapalya on Tuesday afternoon. The Airport police gave identified the deceased as Amarkanth (27), a bachelor from Patna in Bihar and employed with HTMT. For the last three years, Amarkanth was living along with his friend at a rented accommodation. Amarkanth’s friend told Deccan Herald, “For the last few months, Amarkanth looked depressed as he was being harassed by his team leader
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A Bangalore Bpo Employee Jumps To Death
Software exporter Wipro Ltd announced its results for the three months ended September that saw a 14.4% rise in profits to Rs1,161.7 crore, compared with Rs1,015.5 crore in the June quarter. The company’s senior management—Suresh Senapathy, executive director and chief financial officer (CFO), and Girish Paranjpe and Suresh Vaswani, both executive directors and joint chief executive officers—spoke in an interview about the company’s performance. Edited excerpts: Your guidance for the next quarter is quite optimistic at 4.5–5% growth at the top end.
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Wipro Expects Growth All Over
The Rural Development Department of Andhra Pradesh government and Infosys BPO Limited today signed a Memorandum Of Understanding(MoU) for setting up rural BPO centres in 22 districts across the state. Society for Elimination of Rural Poverty (SERP) Chief Executive Officer T Vijaya Kumar and Infosys BPO Limited CEO and Managing Director Amitabh Chaudhry signed the MoU in the presence of Chief Minister K Rosaiah, State Rural Development minister Vatti Vasantha Kumar and other senior officials here
INTEGRATED critical power, cool and management services provider APC by Schneider Electric is targeting the country’s booming business process outsourcing industry to further expand its market here. In a briefing, APC Philippines country general manager Philippe Reveilhac said the company’s thrust of ensuring efficient use of energy in large data centers was in line with BPO providers’ aim to optimize the use of their resources. He said power and cooling were among the biggest challenges for companies with large data centers.
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APC Eyes On BPO Sector
More business process outsourcing (BPO) service providers in India will exit the market in coming years, as it is difficult for them to stay afloat in the current form due to the slowdown, according to a study released here Wednesday. “One-quarter of the top business process outsourcing (BPO) service providers will not exist as separate entities by 2012,” said the study by IT research and advisory firm Gartner. Market exit, acquisitions and the ascent of new vendors will rearrange the BPO provider landscape in the coming years, it said.
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Is It The End Of BPO Business In India ?
Anthem Solutions, Inc., a managed services provider engaged in facilitating the entry and expansion of business process outsourcing (BPO) companies in the country has received another accreditation from the Philippine Economic Zone Authority (PEZA) for its newest facility in Ortigas, Pasig City in partnership with one of the country’s leading real estate developers, Ortigas and Company Limited Partnership (OCLP). Anthem Solutions is an affiliate of the leading systems integration and technology solutions provider, Diversified Technology Solutions International, Inc. (DTSI).
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Anthem Solutions Joins Hands With Ortigas On BPO Facility
Hewlett-Packard Co (HPQ.N) is conducting a strategic review of the information technology and business process outsourcing assets that came with its 2008 acquisition of EDS, a senior executive said on Wednesday. “Inside ITO and BPO, (we’re) conducting reviews to see which ones fit with HP’s strategy and which ones bring the best value for the corporation,” Joe Eazor, senior vice president and general manager, EDS, said in response to an analyst’s question about divesting these assets.
