Blackstone is understood to have taken slightly less than 55 per cent stake, and Rajiv Kaul -- appointed as its executive vice chairman and CEO -- is understood to have taken a minority stake of around 5 per cent. Till recently, Kaul was a global ...

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 ...

BankWest signs $2.5M network outsourcing deal - Computerworld Australia

BankWest has a signed $2.5 million contract to outsource network monitoring for more than 1500 devices over two years. The deal will reduce network problems over the BankWest and St Andrew's networks which connect 200 sites across Australia ...

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 ...