IT-BPO

Large Indian IT and BPO companies have had less focus on innovation, and have been focusing on hiring and training resources for mundane and recurring around software maintenance and application

Ninety per cent of the new jobs created during the last quarter were direct recruitments by employers while the rest were done through contracts, a latest government survey said.

Nasscom to lower its projection of the revenue growth rate.

With the tentacles of Lehman Brothers fiasco unfolding on the Indian software companies, the industry body Nasscom today said there would be short term and company specific impact.

NASSCOM HR SUMMIT Chennai, July 3 and 4, 2008

Citigroup Inc is believed to be restructuring its India backoffice operations, valued at around $1 billion, and may sell or outsource most of these