India's outsourcers wary of China

( FT ) -- When Tata Consultancy Services, India's largest outsourcing services group, said last month that it was doubling its headcount in China, it was a clear signal that the Indian sector is keeping a wary eye on a market that could one day evolve into a competitor.

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No tax sops for companies who outsource: Obama

WASHINGTON: Amid indications that outsourcing could become a hot issue in the November polls, the President, Mr Barack Obama, has made his stand on the issue clear, saying that tax breaks should go to companies that create jobs in the US and not overseas .

Barry Callebaut Widens Chocolate Reach With Kraft Pact

Barry Callebaut Widens Chocolate Reach With Kraft Pact

40 p.c of European firms to up IT spend

MUMBAI, INDIA: Fifty-three percent of organizations in Europe will outsource more work in 2010, and 40 per cent of organizations are planning to increase their external IT services spending , according to a recent survey by Gartner , Inc.

Obama wields anti-outsourcing card again

WASHINGTON, USA: Accusing opposition Republicans of pushing bankrupt economic policies and putting politics ahead of national welfare, President Barack Obama has vowed to end Bush era tax cuts encouraging companies to "create jobs and profits in other countries".

ABN to outsource $1 Billion IT projects to India

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