IT/BPO companies may have hit by SC 2G verdict

Indian and multi-national IT/BPO firms had signed multi-million dollar deals with telecom firms, including Uninor, Etisalat DB, Videocon and Idea

IBM plans job cut in Germany

The union believes IBM will have eliminated as many as 8,000 jobs from its German workforce

Mahindra Satyam Q3 profit up over five-fold

The company reported a robust growth in its consolidated net profit for Q3 at Rs 308 crore compared to Rs 58.91 crore in the year-ago quarter

TCS opens new facility in Silicon Valley

Expanding its presence in the US, the new center will also serve as the worldwide headquarters of TCS’ mobility solutions unit

Infosys to invest Rs 600 cr on Indore facility

The company is setting up facility at the Super Corridor in Indore, which will take 5 years to complete

Mahindra Satyam, Tech merger by year-end

The process of merging will be initiated soon and by the end of 2012, the two ventures would merge into one

Dell looking for an India buyout to boost IT business

The world’s third-largest computer maker wants an India acquisition worth up to $1 billion, as part of a strategy to bolster its IT services business

Telenor to extend IT contract with Wipro to other Asian units

Both companies are seeking to leverage the benefits of a deal that was signed more than two years ago

Serco looks to cut at least 500 UK jobs

The company which employs 100,000 staff worldwide has previously warned that its divisions in the UK and US were facing "challenging conditions"

WNS, Genpact bag Suncorp BPO deal

IT majors Infosys, EXL and Accenture were all in the race for the order, which will see up to 2,000 jobs outsourced

Top IT firm’s staff count to cross 6 lakh this year

As of quarter ended December 2011, the total employees with the top four companies were 5.91 lakh

India’s outsourcing firms doing just fine

Big outsourcing deals worth about $200-billion are up for renewal in the next five years, Standard Chartered forecasts