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Aug30
Snapshot: Infosys Wipro showed interest in MarketRx

Economic Times reports, India’s tech posterboys and cross-town rivals Infosys Technologies and Wipro have shown interest in buying out the US-based high-end analytics company MarketRx. The indicative valuation of MarketRx is seen between $150 million and $160 million.

Lets take a snapshot of the possible deal:  

1.    Opening the door
This buy will give Wipro’s and Infosys’ outsourcing wing entry into the high end outsourcing segment


2.    New Age Transformers
In terms of transformational business process outsourcing deal, MarketRx can give a stronghold to both the biggies.MarketRx-Infosys-Wipro

3.    Time to Act Pricey
MarketRx which enjoys high valuations of over 5 times of revenues would have acted pricey in anyway and now when Infy and Wipro both wanting to grab it, it will act as pricier.

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Aug30
Top 15 Software exports and services company of India 2006-07
1. Tata Consultancy Services Ltd.2. Infosys Technologies Ltd. 3. Wipro Technologies4. Satyam Computer Services5. HCL Technologies6. Tech Mahindra7. Patni Computer8. I-flex Solutions9. L&T InfoTech10. Polaris Software11. Hexaware Technologies12. Flextronics Software (Aricent)13. Mphasis BFL14. MastekSiemens Info SystemsSource: NASSCOM's last newsletter, not... Continue Reading
Snapshot: Firstsource Solutions’ acquisition of MedAssist
FirstSource (Formerly ICICI OneSource) shares goes up nearly 10% on BSE (Bombay Stock Exchange)<!- 2. With $99 million revenue in 2006 MedAssist is one of the largest revenue management service providers in the US healthcare sector<!- 3. Core earning margins... Continue Reading
New Zeland Govt supports outsourcing, scraps plans to allure foreign investment
New Zealand government instead of spending resources to get foreign investors will appreciate if companies and local firms send their jobs offshore. Certainly, pro-outsourcing lobby will lap up the news for further power point presentations. The government has spent hundreds... Continue Reading
Outsourcing joke, humor on call center
My friend, who works in a call center told me this incident of a dumb customer. The customer asked my friend what hours are the call center is open, the call center is actually the technical support center for the... Continue Reading
BT signs £128m outsourcing deal with Xansa
The honeymoon between BT and Xansa will last for some time more. And probably for some more more time. Because both of them, not one, two or five years, have extended their partnership deal until at least 2014. The communication... Continue Reading
Apollo Health acquires Zavata Inc
It seems health care outsourcing is taking its shape in quite serious way. There has been positive reports on the sector but mostly not the biggest names have ventured into it. Now, that India's one of the health care supremes ... Continue Reading
Aug29
Rupee vs dollar: What infosys is up to?
Over last couple of months1. Infosys has increased its billing rate by 3-4 percent on new contracts and 2-3 percent on old contracts<!- 2. It is trying to broaden its base while diverting depnedancy from US. US revenue share has... Continue Reading
Brits favoring automation of call centers: Study
Sometimes automation is easy than dealing with humans. That’s what UK adults believe, a survey done on automation of call centers found. The survey reported in the UK Contact Centre Operational Review noted that UK adults believe they are left... Continue Reading
From terrorism, cattle grazing to call center
"One of the most backward helmets in North Tamil Nadu, India," Sanasandiram now can boast of an international call center where young men and women in the age group of 18-25, who mostly work as daily labourers or graze domestic... Continue Reading
Small business more keen on outsourcing: Study
Small businesses worldwide see outsourcing as THE savior. Normally, they don’t want to give extensive process specific training to new recruits, because, neither they have the set up nor they want to train new recruits with specialist software (like Lotus... Continue Reading
Benefits of outsourcing: top 11 benefits
What are the benefits of outsourcing? The debate on outsourcing is relentless, its good or its plain and simple bad. It will go on and on. I am just submitting top 11 benefits on outsourcing. Later I will discuss what... Continue Reading
Outsourcing deals will face EC competition scrutiny
…where an outsourcing supplier is buying all or part of the IT assets being outsourced by a company - such as a joint venture arrangement - the deal may need to go to the EC for approval.That’s somewhat expected. I... Continue Reading
DaimlerChrysler AG considering outsourcing transmission production
One way DaimlerChrysler AG is concerned because Shuanghuan Automobile of China has supposedly stolen Smart Fortwo’s model for ‘Noble.’ Not a noble task, DaimlerChrysler is gearing up for legal battle. On other hand, its second quarter profit fell 14%. And... Continue Reading
CIO's life shelf three years in a co: Study
Who thought life of CIOs are all fun, no work, vacationing in Hawaii and overseeing people and especially beautiful chicks for ever at company's expense, this news will certainly wake a lot of people up. Other than increasing pressure from... Continue Reading
Aug28
Wipro to set up software center in Atlanta, to recruit from Georgia college & universities
In a bid to build up a global delivery capability propistion, Wipro Technologies is all set to open a software development center in Atlanta.It has not zeroed on the exact location, the space hunters are preferring a location in metro... Continue Reading
Device to make call center worker's ferry ride safe
Last year a 24 year old woman, a BPO employee was raped and murdered by the driver of a vehicle leased by her employer. Read news here. That’s not the one, there have many violent cases been registered in the... Continue Reading
Can India retain its leadership position in outsourcing?
Are outsourcing jobs slipping away from India’s hand? Is India becoming victim of its own success? Regular rise in wage level (estimated to be around 9%) and scorching attrition rate notwithstanding, aggressive marketing by other countries like Philippines, Mexcio, China,... Continue Reading
McClatchy outsources to APAC, APAC outsources from Philippines
McClatchy Co. will transfer about 250 call center jobs APAC Customer Services of Deerfield., Ill. APAC will then transfer the jobs to Philippines. So, McClatchy Co. is not directly outsourcing from offshore devloping countries, technically. Henry Haitz, president and... Continue Reading
AT&T to set up call center in Wheeling
AT&T has got back some call center process from Covergys call center in India. The call center in Gurgaon was strggling to meet up the quality standard for quite some time, last year AT&T took the final call and decided... Continue Reading
Can China beat India on outsourcing?
Can giagntic China be able to beat India in the outsourcing race? Agreed, they don’t have enough Englsih speaking people, but the domestic market is simply huge, there is no one in the world who would not like to tap... Continue Reading
TCS signs outsourcing contract with Hawaiian Airlines
Tata Consultancy Services (TCS), India’s largest software company is aiming high on the aviation sector as well. Call it high flying diversification plan. The spokesperon told mediamen that TCS has signed a multi-year software and outsourcing contract with Hawaiian Airlines... Continue Reading
Outsourcing slows down in 2007: TPI Study
TPI Researchers has released their latest research report on global outsourcing market for the second consecutive year. It has been noticed that compared to the same time last year the outsourcing deals have dropped significantly this year. The report is... Continue Reading
Aug27
Telephone interview tips -Part 5
I was discussing tips to crack telephonic interview. I know some of my friends who always try to act smart ass during telephonic interviews. Some times they got away with it, sometimes they fail, one thing I always told them,... Continue Reading
Telephone interview, 4 more mistakes to take care of-Part 4
In this telephone interview series I have been discussing many facets of what and hows of phone interviews. In the last part I was telling you how you should not chew or land on the biggest pizza while having interview.... Continue Reading
Telephone interview, 6 mistakes you should never commit– Part 3
During telephone or phone interview, you may not look perfect, you may not wear the tie with perfect knot, but what you should always remember that, there are some mistakes, deadly mistakes rather, which you should not do at any... Continue Reading
Aug23
Best salary, best wages, top 25 jobs in next two years
Fast Company has compiled a list of best jobs for 2005-2009 that will pay the best salary. There are anaysis also, I am not going into the criticality and analysis, you can get it here. I am only concerned about... Continue Reading
Types or kinds of telephone interview-Part2
Broadly there exists three basic kinds of telephonic interviews. Well, don’t consider me a text book, I am just giving you an idea. Firstly, You want to be a part of a company, you take the initiative, through networking or... Continue Reading
More call center interview tips- Part 1
I have seen so many of my friends and their elder/younger brothers/sisters really struggle during the time of  interviews, but believe you me, in all respect they were probably the one who suits the job profile to the T. I... Continue Reading
Australian Manufacturing Workers Union stops work at Ford manufacturing unit
The Australian Manufacturing Workers Union (AMWU) members are not in a mood to mend. Their strike action will continue indefinitely. The work stoppage has forced Ford to make idle close to 1500 workers at its Broadmeadows and Geelong plants. Australian... Continue Reading
IBM makes deal with Omron
IBM has clinched another heavyweight outsourcing deal. IBM and Omron has inked a deal wherein IBM will manage Omron's entire information technology infrastructure operations across Europe. Omron is a Japan, Tokyo based company which deals in the field of automation.... Continue Reading
Indian BPO: China is a concern, not threat
Yes, China is aggressively marketing for a dominant position in outsourcing market, but according to Kiran Karnik, China is unlikely to get ahead of India in the next 3-5 years. But is not that a short term answer, will China... Continue Reading
with outsourcing plan AGL tries to win back its lost customers
Energy retailing heavyweight AGL Energy seems to be on a plan to win back its 90,000 gas and electricity customers that it has lost during the past year. The energy generator which has just signed an outsourcing agreeemnt with TCS... Continue Reading
Aug22
Univeristies to outsource email system to MSN, Google
University email system...ahh...that’s a crooked thing….seriously...you can not open them….can not send or attach…server is overloaded…what not….poor half hearted tech team seems more confused than the users, forget fixing them for good. Not with my case, it’s the same scene... Continue Reading
Cebu gets a call center training shool
HR and training firm Berkeley Systems Management has opened a new call center training arm in Cebu City. The enter aims to address vast workforce in the country that wants to get into burgeoning BPO sector but does not have... Continue Reading
AT&T to open call center in Louisville
Action is breezing storngly in AT&T’s newest call center which is situated in Louisville on West Chestnut Street. AT&T HR department has started working on filling up 350 vacancies. The call center will give customer support to the AT&T's... Continue Reading
IQE signs supply deal with Anadigics
Proped up by a robust market for RF components which are used in high-end wireless applications along with a new deal with key customer Anadigics, epiwafer supplier IQE has posted an operating profit and a sharp increase in sales.Electronicswekly writes:... Continue Reading
Boeing laying of employees, outsourcing with CSC
Two and half years back when along with other industries, airlines industry also made it big and thus selected employees in hoardes. Boeing, in a mad rush got more people on board than it can handle and now in 2007... Continue Reading
IBM gets $330 million Allianz contract
IBM has signed an $330 million outsourcing deal with Allianz. Novato based Allianz of America has awarded a seven and half year long contract to IBM. The duration of the deal seems a bit long because these days that biggies... Continue Reading
GSK seeks TCS help to set up R&D center in India
GlaxoSmithKline (GSK), UK’s biggest drug manufacturing company has signed an outsourcing deal with India's largest software outsourcing company, Tata Consulting Services. GSK will seek TCS’ help to set up a drug development center in Mumbai. TCS will help GSK’s clinical... Continue Reading
Indian Election Commission will not outsource due to police station
The Election Commission of India has at last decided that it will not outsource (thank God, imagine the proces difficulties people will have to suffer there) the preparation of electoral rolls because of security reasons. The commission believes that... Continue Reading
Aug20
Mantra for successful outsourcing deals
Another outsourcing consulting company, a combo rather (don’t blame them, they only testify the fact that the industry going from strength to strength) has come out with something useful.  Unlike those studies where after crawling continents they deliver findings like... Continue Reading
AGL signs $16m outsourcing deal with TCS
India’s biggest IT outsourcing company Tata Consultancy Services has been awarded a $16 million  outsourcing contract by AGL Energy Ltd which is Australia's biggest integrated energy company. The contract is believed to be AGL’s effort to upgrade its IT... Continue Reading
Is outsourcing possible in Pakistan?
How people perceive Pakistan as an outsourcing destination? A country which is a den of extremists, a country without democracy and political stability? But still there are some hopefuls, some marketing activists who dream of placing Pakistan in world outsourcing... Continue Reading
Aug18
Prudential outsourcing contract bagged by TCS
If you remember, TCS very recently has bagged $800 million insurance outsourcing contract from UK based Pearl Group. And now, TCS is all set to clinch an $1.5 billion outsourcing contract with UK based insurance king, Prudential Insurance. Prudential Insurance... Continue Reading
Aug17
Reuters outsourcing deal with Fujitsu
Well, Reuters is outsourcing again. But not to Bangalore or Hong Kong for its editorial service, instead it will outsource its internal computing operations to Fujitsu Services for a deal worth $1 billion. This will be a 10 year agreement... Continue Reading
Aug14
Best wages, best salary, top 40 occupations
First, let me tell you this list does not inlcude journalists, copywriters, business writers, content specialists at all. This list from Maryland Career and Workforce Information contains best 50 occupations and not computer scientists or computer programmers, but Physicians and... Continue Reading
Aug11
Philippines BPO industry: A snapshot
Philippines has been experiencing exponential growith in business proces outsourcing (BPO) and call centers for past few years. According to consulting firm, McKinsey & Co., the country is all set to get outsourcing revenues worth US$11 billion by 2010. It... Continue Reading
Call center night shift leads to heart attack
I was curious to know whether working in call center, BPOs late at leaves any effect to the health of your heart. Let me rephrase this: are night shift call center people susceptible to heart attack or heart related problem... Continue Reading
Call center night shift: Sleepless nights
Why health problems occur for call center agents working in night shifts? Mostly it happens because human body’s natural circadian rhythms cryingly tell that the concerned person should not be working when he or she should take sleep.  Many... Continue Reading
Aug 9
Archie gets friends with Raj Patel. The out-raj-ous behavior sketch is outsourced from India
For ever young Riverdale resident Archie has found a new friend in Raj Patel. Raj Patel, part of an Indian family living in America will be the latest feature character in Tales from River dale Digest #21. Raj Patel will... Continue Reading
Lloyds TSB Bank outsourcing IT jobs to TCS, Cognizant and Wipro
The review to improve IT efficiency was started in May 2007 and the result is out for Lloyds TSB Bank. I am not sure whats the exact numbers of IT jobs are actually being outsourced, some say its 100-110, some... Continue Reading
Nokia to outsource chip development
This move from Finland based Nokia will surely take lot of power away from Texas Instruments and Qualcomm.  World No 1 cell phone maker Nokia has decided to order more microchips from STMicroelectronics and Broadcom. STMicro will design and create... Continue Reading
Pharma outsourcing moving from drug manufacturing to clinical trials
The shift is changing gears. The pharmaceutical companies which have been outsourcing drug manufacturing to Asian countries are now moving one level up to clinical trials. There is a trend towards a changed business model in the pharma sector and... Continue Reading
Outsourcing is beyond cheap costs: PWC study
Market research keeps us saying that its not cheap costs that is running the outsourcing industry, actually it’s only of the dynamics of the industry. But I wonder even after series of such reports how much percpetion is actually changed... Continue Reading
Outsourcing clients demanding more from clients
The high powerd demand has remained super strong for outsourcing of IT services, but buyers, it seems are getting more and more demanding on each passing day. They are asking more (off course with straight face, unapologetically) more from their... Continue Reading
Pharma outsourcing moving from drug manufacturing to clinical trials
The shift is changing gears. The pharmaceutical companies which have been outsourcing drug manufacturing to Asian countries are now moving one level up to clinical trials. There is a trend towards a changed business model in the pharma sector and... Continue Reading
Kenya’s outsourcing dream looking real
Instead of Bangalore will customers from first world will interact with Nairobi next year? The scope may seem like a distant dream, after all Kenya along with other reasons also plagued by poor communications measures. But now if things fall... Continue Reading
Aug 8
GlobalExpense gets outsourcing contract from ASDA
Supermarket market super brand ASDA has decided to ditch its oh-so-romantic paper based system. This 2nd biggest supermarket from UK by outsourcing its expense management to GlobalExpense wants to lessen its expense by £200,000 a year. The paper system is... Continue Reading
TeleTech sets up call center in Amherst
Outsourcing firm TeleTech Holdings Inc is going to set up a call center in Amherst. It is expected to fill 450 positions for the purpose. TeleTech is hiring both part time and full time positions as of now. In... Continue Reading
Wipro-Infocrossing deal…list of Wipro’s all IT acqusitions since 2002
Wipro is gung ho about Infocrossing. In what as termed as the biggest overseas acquisition by one domestic Indian IT company, Wipro is offering $18.70 per share in all cash deal. And why not? Wipro President Suresh Vaswani (global IT... Continue Reading
What is outsourcing (nothing serious)
1. Outsourcing is done at bliss point 2. Outsourcing is done cyclically 3. Outsourcing is done in an Edgeworth Box 4. Outsourcing is done sudden demand 5. Outsourcing is risk-free (how can you forget the referance to the risk-free... Continue Reading
South Northamptonshire council extends outsourcing contract with Capita
The deal was first meant for seven year, but it seems after getting the first rate outsourcing services from Capita, South Northamptonshire council does not want to let its partner go so soon, so it has extended the seven-year IT... Continue Reading
Mouchel Parkman buys HBS
Support services company Mouchel Parkman, which takes care of thousands of miles of motorways in UK has bought local government outsourcing player HBS (formerly Hyder Business Services) from private equity firm Terra Firma for £46.2million.  It seems the relationship between... Continue Reading
Aug 7
Wipro acquires Infocrossing. Points to remember...
Indian IT major Wipro has acquired New Jersey based outsourcing company Infocrossing Inc. for $600 million. Some however say the deal size is 450-500 million. Why this Wipeo-Infocrossing deal seems has heralded a new era of big acqusitions? Firslty, in... Continue Reading
Egypt favorite BPO destination for Gulf countries
You may think that in the outsourcing world it’s India, China, US or Philipines are the ones that are taking the calls , not always, you will surprised to know that Egypt over last few years has become the... Continue Reading
Why Indian IT firms making acquisitions in Eastern Europe
Akin to Pareto’s theory 80% of India’s outsourcing business comes from US only. Now, it seems Indian giants are waking up to the opportunities in Eastern Europe. In the past few quarters it has been observed that Indian software and... Continue Reading
Will Wipro acquire Infocrossing?
The rumor is rife that Indian software outsourcing company, Wipro plans to buy US IT company Infocrossing Inc. for about US$600 million dollars equivalent to (434 million euro) Wipro, it is believed to pay US$18.70 per share for the NASDAQ... Continue Reading
Aug 6
Outsourcing slows down in 2007: TPI Study
TPI Researchers has released their latest research report on global outsourcing market for the second consecutive year. It has been noticed that compared to the same time last year the outsourcing deals have dropped significantly this year. The report is... Continue Reading
Outsourcing slows down in 2007: TPI Study
TPI Researchers has released their latest research report on global outsourcing market for the second consecutive year. It has been noticed that compared to the same time last year the outsourcing deals have dropped significantly this year. The report is... Continue Reading
Wipro & Motorola to join hands to deliver telecom services
Indian software services company, Wipro Technologies in conjunction with telecom biggie Motorola have formed a joint venture to deliver comprehensive telecom services solutions to public as well as private network clientèles. Wipro spokesperson told media persons that the joint venture will... Continue Reading
Aug 3
Infosys signs IT pact with Canadian Pacific
Infosys has announced of clinching a multi-year outsourcing agreement with Canadian Pacific. Infosys will deliver Modular Global Sourcing services for its information technology set up along with Business and Information Technology Services (BITS). Infosys also will deploy its workforce to... Continue Reading
Aug 2
Xerox-IBM outsourcing gets a new turn
The worst affected Xerox employees who were supposed to move to IBM after Xerox decided to outsource its jobs have been dealt with a blow. Now the news is that IBM may forfeit its plan to absorb those workers. The... Continue Reading
IBM reluctant to absorb Xerox employees. Fine Gael crying foul
A new turn in the Fine Gael story… Fine Gael is now accusing the Government as it completely fails to take any preventive action from outsourcing jobs to cheap countries like India, China, Philippines, Irlenad etc, Fine Gael fears that... Continue Reading
Genpact to almost acquire Citigroup Global Services
The rumors are rife that Genpact has emereged as the front runner to snatch the Citigroup Global Services, the captive BPO unit of Citigroup. Other bidders like WNS Global and Firstsource have valued it for $700-800 million. Genpact will raise... Continue Reading
Legal Process Outsourcing (LPO) Job for Manager -1
I frequently being asked by people who have some experience in law or from legal practitioners, say from 3-6 years, about the prospect in burgeoning legal process outsourcing industry. They ask me about what kind of qualification or experience companies... Continue Reading
Megaworld plans outsourcing zone at Visayas
Property firm Megaworld Corp. has made an offer of buying 54.5-hectare of Department of Finance’s land for a cool P1.2 billion in hard cash. Finance secretary John Phillip Sevilla who is also acting as the head of the bids and... Continue Reading
Aug 1
Orange County ends traffic data contarct
The Orange County Superior court will no more process traffic tickets in Nogales, Mexico, after huge public outcry over the practice rocked the administration. The controversy has erupted last week, when KFI radio's ''John & Ken Show'' vehemently attacked... Continue Reading
Comcast to open call center at Lynnwood, Washington
Comcast has finalised its plan to set up a call center in Lynnwood. The place has been selected because of its proximity to I-5. Lynnwood also has good talent pool for call center workers. The newly build building at the... Continue Reading
VentureNet Capital Group, Inc. seeking new areas to expand
VentureNet Capital Group, Inc., the management consulting company which provides marketing and consulting services has announced that from now onwards it will offer public and private companies add on professional management, business development, consulting and outsourcing services. Michael Brette, the... Continue Reading
Outsourcing: Ireland to grow by 15% in next couple of years
Ireland has always been one of the strong contenders for the top spot in BPO world. In fact on high end software consulting, it’s the no. 1 destination for top notch companies of the world. Now the latest study from... Continue Reading

« July 2007 | Main | September 2007 »

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