Coty Inc., a leading global beauty company, has signed a 5-year contract with IBM for procurement services in North America and Canada. Under the agreement, IBM will procure goods and services for...
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IBM extends its lead in global outsourcing according to new statistics from IDC. IBM has secured 21 out of the 100 biggest outsourcing contracts in 2004 making it number one in IT and business...
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Banking major Lloyds TSB has signed an estimated �10 million agreement with IT and outsourcing firm Xansa. The new deal creates 100 additional back office jobs in Delhi as over 2000 jobs are...
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Indian-based Wipro has received the Global Most Admired Knowledge Enterprises (MAKE) 2005 award. Wipro has won at the Indian and Asian MAKE levels to reach the global awards. A panel of Global...
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Bulgaria has debuted in A.T. Kearney's annual ranking of the leading offshoring locations for service activities. The country ranked 15 out of 40 destinations that are part of the Global Services...
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Hitachi Ltd. has teamed up with Intelligroup to establish the Hitachi Global Solution Center in Hyderabad, India. The Hitachi Global Solution Center will provide global outsourcing capabilities for...
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Samsung Electronics and LG Electronics have decided to reduce their Indian workforce in South Korea. The global electronics makers will instead outsource their operations to India. Joe Lawrence,...
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Computer Sciences Corporation's (CSC) IT outsourcing contract with automaker Ford has been extended for a third time. The IT services company has provided support services to Ford since 1994. With...
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Worldwide outsourcing solutions provider TeleTech Holdings, Inc., has acquired Philippine-based BPO company FinSource. TeleTech, a global provider of outsourcing solutions such as customer...
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EDS has signed an eight-year IT outsourcing contract with the First International Bank of Israel (FIBI). The $108 million deal is the largest outsourcing contract in the country and a first for its...
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Japanese bearings manufacturer NTN Corp will invest �3 billion to set up a factory in India. According to Keizai Shimbun, the factory will start operations in March 2007 and will produce...
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HCL Technologies Ltd. (HCL) has signed a five-year, $50 million outsourcing agreement with California-based Autodesk Inc. Under the agreement, HCL will provide offshore application and data center...
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The Global IT Outsourcing Summit 2005 has opened in Shanghai, China. Over 200 participants from different countries will listen in to speeches from several organizations. The summit features IT...
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Tata Consultancy Services (TCS) has acquired Chile-based Comicrom for $23 million. In addition, TCS has purchased the BPO firm's 49 percent investment in its IT services joint venture in Chile....
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Computer Sciences Corporation (CSC) has signed an IT services agreement with Banca Intesa to become its preferred applications provider. Under the agreement, CSC will handle systems design and...
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German auto giant BMW has set up a manufacturing and distribution subsidiary in India, a country regarded as a growth market for European and US passenger cars. The BMW Indian subsidiary will begin...
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