OUTSOURCING

India’s number one software services company Tata Consultancy Services (TCS) has opened a business process outsourcing facility in the Philippines following the path of India-based BPO companies which have operations in that country.

Thomson Reuters, the world's leading financial news and business information provider, is acquiring Pangea3, one of the largest legal outsourcing firms in India, for an undisclosed amount.

China's outsourcing industry growth is gradually reducing the gap with the leader India, according to a study released on Friday.

One of the predominant economic issues of our day has to do with the “offshoring” or “outsourcing” of American jobs overseas, particularly to developing economies like India and China where costs of labor are significantly less, thereby undermining efforts to reduce the stubbornly high U.S. jobless rate (currently at 9.6 percent)