Skyline Global Outsourcing Update

Of late if you have been listening to the US President Barack Obama’s take on the outsourcing industry, you must be wondering where does India stand in such a scenario. Is the honeymoon period over for the $50-billion offshoring industry in India? The answer to that might not be simple at this point, but industry experts feel all is not lost though, and India still has a strong story ahead. Recently the protectionist measures taken by the US government with regard to outsourcing has raised uncertainty about India’s future as the leading outsourcing destination globally. But, industry is optimistic that the economic viability and business imperatives of outsourcing are compelling and present a reasonably strong case for India.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

Bharti Airtel Ltd. is to outsource the management of its Service Provider Information Technology (SPIT) systems in Africa to IBM Corp. (NYSE: IBM) in a 10-year deal that highlights the increasingly critical role that managed services are playing in modern telecom services strategies. Bharti Airtel has successfully, and profitably, built its domestic business to become the leading mobile operator in India, where IBM has been one of its key outsourcing partners since 2004. At the end of July, Bharti Airtel had 139.2 million mobile customers in India.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

Commerce Minister Anand Sharma will raise the outsourcing ban and visa fee hike issues at his meetings with US officials and lawmakers during his visit to Chicago and Washington Sep 20-23. During the visit, Sharma is scheduled to meet US Trade Representative Ron Kirk and interact with a host of top business heads in America. Sharma's visit will prepare the ground for US President Barack Obama's visit to India in November. The increase in visa fee is estimated to put an additional burden of $250 million annually on Indian IT firms. The US government has increased visa fee by $2,000 for certain H-1B visas and $2,250 for L-1A and L-1B visas. In yet another protectionist approach, the US state of Ohio recently banned offshore outsourcing by government departments. The Indian commerce minister has termed the US move "regressive" that would prove counterproductive and might affect the recovery of the global economy.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

Finally some respite for Indian outsourcing companies as the outsourcing ban in Ohio will not have any impact on Indian business, says US Envoy Tim Romeor. Allaying apprehensions about the outsourcing ban, Romeor said that the two nations would get through the ban. Talking about the relationship between India and US, he said they were improving and growing in very positive manner. Roemer says US-China-India troika is the key stabilising factor in the Asian continent in general and South Asian subcontinent in particular; says he does not see the possibility of a nuclear deal with Pakistan akin to the one with India, as Washington does not trust Islamabad's proliferation record.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

ExlService Holdings, Inc. (Nasdaq: EXLS), a leading provider of outsourcing and transformation services, today announced four new solutions designed to continue helping clients transform their processes to maintain a competitive edge. The solutions announced today build on the transformation product solutions introduced earlier this year. For over a decade EXL has been providing transformation services to companies in multiple industries. These services address industry specific process management challenges that hamper efficiencies," said Bill Bloom, Executive Vice President, Global Client Services. "The solutions we are introducing today are designed to provide customers with greater control over their business processes, allowing for reduced costs, improved performance and a more nimble and strategic approach to managing critical enterprise operational procedures."

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

The Economic Times can rest now. The “Global Indian Takeover” is complete.  American prime time television is bursting with Indians.  There are more than a dozen Indian characters on evening television up from, mmmmm, we think zero five years ago. And now there is the “Indian” TV show, “Outsourced.”  It is made in America, by Americans (and some British Indians) for a global audience (American sitcoms make big bucks in foreign syndication rights.) The big deal about “Outsourced” is that it’s not a big deal. The show, like any other, will succeed or fail on its ability to entertain. If it makes people laugh, then it will be richly rewarded. If it fails to entertain, then it will meet a quick death.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

Crisil, the Indian affiliate of Standard & Poor’s, has acquired Chicago-headquartered knowledge process outsourcing company Pipal Research from FirstSource Solutions for $12.75 million. The rating agency said it plans to expand its research business into China. Pipal Research provides research services to top corporates in North America and Europe. It was founded in 2001 by former McKinsey professional Manoj Jain who is also its current chairman. The company reported $8.1 million revenue for FY10. We have been in the high-end offshoring business for over five years following our acquisition of Irevna. Irevna currently has a strong base among finance and insurance companies with six of the top ten banks as its clients. The unique takeaway for us is Pipal’s strong presence in the corporate sector said Crisil MD Roopa Kudva.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).