The Blackstone Group has taken a majority stake in Mumbai-based CMS Computers and formed a company by carving out its IT infrastructure management and outsourced business services division. The new company's valuation is estimated to be around Rs 500 ...

GCC Companies Rethink Their Human Resources Strategy - MSN MoneyCentral

GCC markets are not to be spared in the impact of the rapidly spreading economic gloom affecting world markets. According to a survey conducted by Hewitt Associates, a global human resources consulting and outsourcing company, GCC companies are also ...

Outsourcing costs may creep up - Economic Times

NEW DELHI: The Mumbai terror attacks couldn’t have come at a worse time for the $50-billion ITBPO industry. Though many industry honchos feel that the IT-BPO sector may now see a further slowdown in new business and client visits, others feel that ...

Alok Ind bucks slowdown, records impressive growth - Business Standard

Alok Industries, a Mumbai-based integrated textile player, is witnessing sales growth even though a slowing demand for textile products in western countries has hit many domestic exporters hard. To meet the growing demand, the company is now even ...

Silver lining - Business Standard

HTMT Global Solutions, the business process outsourcing (BPO) and call centre services outfit of the diversified Hinduja Group, is believed to have deferred its annual day party, which usually takes place in December. Some others in this industry ...