Outsourcing: Brazil blossoms as IT services hub

CapGemini's announcement last week that it would invest $298 million in Brazilian IT service provider CPM Braxis attracted a lot of attention in outsourcing circles. The move will give the Paris-based company a 55 percent stake in CPM Braxis, the option to buy the company outright within three to five years of the close of the deal, and the chance to leapfrog its global competitors already ...

US doing no favour by outsourcing jobs: Nath

Union Minister Kamal Nath reacts strongly to Barack Obama's statements and US policies to protect American jobs.

Exigen Services Makes 2010 Inc. 5000 List with 3-Year Sales Growth of 56%

SAN FRANCISCO, Sept. 8 /PRNewswire/ -- Exigen® Services, the leading provider of high-end software outsourcing services, was named to the prestigious Inc. magazine's fourth annual Inc. 5000 list for the third year in a row. Inc. 5000 represents the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. (Logo: http ...

Ohio bans outsourcing of government projects

By Arun Kumar, Washington, Sep 8 : In a move that would hit Indian IT companies, America's Ohio state has prohibited spending of public funds for services provided offshore.

Obama takes on outsourcing, strives to keep jobs at home

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". See cartoon

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 .

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".