Voices

Infosys Profit Disappoints, Shares Fall

Infosys Technologies Ltd. posted a quarterly profit that fell short of expectations and cautioned that a slow economic recovery and currency fluctuations could derail growth in India’s outsourcing sector this year.

Voices

Sorry, Infosys is a "Body Shop"

A week after U.S. legislator Charles Schumer called Infosys a “chop shop,” setting off a wave of outrage in India, he has answered the question India Real Time was the first to ask after he made the statement on the Senate floor last Friday.

Voices

U.S. Senator: Infosys is a "Chop Shop"

While discussing an immigration bill on the U.S. Senate floor Thursday, New York Democrat Charles Schumer likened Indian tech giant Infosys Technologies to a “chop shop.”

Voices

India Tech Firms' Search for 'Lost Sheep'

India’s technology companies are looking at innovative ways to unearth and maintain a steady supply of workers as they strive to meet soaring demand for outsourcing services triggered by the recent rebound in global technology spending. With staff attrition inching higher toward pre-recession levels, Indian outsourcers are now searching for talent in the lost sheep lot.

Voices

Outsourcers Wrestle With a Rebound

India’s technology-outsourcing companies, the poster children of the country’s services boom in the last decade, are bouncing back from their first serious slump.

Voices

Infosys Earnings Slip

Infosys Technologies Ltd. Tuesday reported a slight drop in its fourth quarter bottomline but issued a strong dollar outlook for the current fiscal year, indicating that a revival in India’s outsourcing industry is continuing to gather momentum.

Voices

Berkeley Prof Helped Divvy Up Search to Many Servers

A connection to the University of California at Berkeley–and a lengthy record for innovations–seem to be winning attributes in this year’s big computing prizes. Eric Brewer has both.

Voices

Indian Tech Outsourcers Aim to Widen Contracts

Indian technology-outsourcing companies no longer just want to serve their clients’ computing departments–they want to be them. For years, India’s big tech firms positioned themselves as a cheap alternative to U.S. and European competitors for tasks such as software maintenance and database upgrades. They were content to take whatever work companies like Citigroup Inc. and BT Group PLC parceled out to offshore specialists.

Voices

Trouble Looms for Indian IT Outsourcers

It’s a rough morning for the Indian IT outsourcing sector, which has been hit hard by a highly negative report from Wachovia analyst Edward Caso. Caso says the group is likely to take another leg down, forecasting that April conference call season will see most of the companies issue guidance below Street expectations. He writes that “demand remains lackluster and decision-making slow.”

Voices

Infosys, Wipro Get Bomb Threats

According to IDG News Service, six tech companies with offices in Bangalore, India, have received emailed bomb threats. Among the threatened companies are Indian IT outsourcing firms Infosys and Wipro.