OUTSOURCING

Software services firm HCL Technologies posted a better-than-expected 34.2 percent jump in consolidated net profit for October-December, aided by strong growth in non-core markets.

International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a pick-up in services contracts raised hopes that global companies were confident enough to spend more on technology.

International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.

India’s top software services company Tata Consultancy Services Ltd (TCS) on Tuesday announced plans to recruit 37,000 professionals in the next year through campus placements for its domestic and overseas operations.

The collapse of the Tunisian government in the face of unrest could mean an opportunity for technology companies that had previously shied away from the country.

An innovative course at the School of Information at UC Berkeley help students turn social entrepreneurs and make a real difference

Infosys Technologies' weaker-than-expected results sparked concerns over growth rates of India's showpiece outsourcing sector as the company flagged a sluggish global economic recovery and currency volatility.

Nasdaq-listed software services company Cognizant Technology Solutions has announced plans to expand its delivery centre in Phoenix, US by hiring another 500 employees to have more than a 1,000-seater facility.

Export-driven software services companies are set to report robust growth in quarterly earnings and a firm outlook, driven by an expected increase in clients' technology budgets.

Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, on Monday said it has bought nearly 63 percent stake in India’s sixth biggest software exporter Patni Computer Systems for $1.22 billion in shares.

Technology research firm Gartner projected a 5.1 percent rise in global spending on technology in 2011, up from its prior estimate of a 3.5 percent rise, helped by the dollar’s recent weakness.

India’s trade body National Association of Software and Services Companies (Nasscom) has refuted public perception in the US that outsourcing jobs to India are contributing to job losses for US companies and that free trade agreements were responsible for America’s current economic woes.

The Indian information technology industry is cautiously optimistic for 2011 after a tumultuous 2010 due to the continued economic uncertainty in Europe and the US.

In the legal sector, many lawyers are leaving their law firms in search of greener pastures during the Holiday Season.

NASA awarded a 10-year information technology (IT) outsourcing contract to a unit of Hewlett Packard.

National Association of Software and Service Companies (Nasscom) expects India’s IT-BPO industry to reach $70 billion mark by the end of the current fiscal following rise in demand for software technology products.

India continues to be world’s most preferred destination for offshore outsourcing, a new study by Gartner Inc said.

HP has bagged a five-year $1.4 billion technology infrastructure outsourcing deal with German utility giant E.ON.

Wipro Ltd said its global consulting, system integration and its outsourcing business unit Wipro Technologies has opened its new development center in Budapest, Hungary, to service Magyar Telekom, Hungary’s biggest telecom service provider.

The foreclosure prevention program of the Obama’s administration is expected to aid far fewer homeowners than initially targeted, according to a report released on Tuesday.

Bunzl Plc, Britain's distribution and outsourcing company, sees full year group revenue growth to be between 3 percent and 4 percent boosted by acquisitions.