Feb

17

US president Barack Obama labels American companies as “tax evaders” for having their business operations in India to save themselves from having to pay business tax.

Indian companies appear to have the US president’s fiery ire once more.

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Feb

11

India’s IT-BPO market has achieved impressive growth rates over the past decade and is poised to achieve greater revenues in the coming decade.

Software industry chamberĀ  NASSCOM reports currentĀ  export revenues of Indian IT and business process outsourcing (BPO) companies are expected to rise by 5.5% to cross USD50 billion in the ongoing 2009-2010 fiscal and could accelerate by 13 to 15 percent (USD56-USD57 billion) in 2010-2011.

If this 13 to 15 percent rate continues every year, India’s IT-BPO marketĀ  could reach USD 285 billion in 2020.

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Feb

3

The fourteenth President of the Philippines, Gloria Macapagal-Arroyo travels the Philippines on her Cyber-Corridor Tour, inspecting the current condition’s of the nation’s business process outsourcing (BPO) industry.

The Cyber Corridor is a milestone-project of the President.

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Feb

2

R Chandrasekaran, President of IT services, Nasdaq-listed firm Cognizant– a competitor of TCS, Infosys and Wipro– advises IT companies to scale up capabilities, fix service delivery models and gear themselves up to tap new markets, as the outsourcing industry will meet changes in the next 10 years.

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