The Hindu Business Line : Wednesday, May 07, 2003

How outsourcing impacts US jobs — ITAA survey shows demand for IT workers at rock bottom
About 12 per cent of the IT companies and three per cent in the non-IT sector are said to have opened overseas operations. The offshore jobs are in the software engineering and programming positions, followed by network design and Web development wo rks. More

Union takes protest to the Net
THERE is growing resistance among workers' unions in Europe and the US to stop the increasing outsourcing of IT-related jobs from other countries, including India. The Washington Alliance of Technology Workers (WashTech) has urged technology ... More

TELECOMMUNICATIONS

Xerox Modi under DoT scanner?
IT could now be the turn of the Department of Telecommunications to probe into Xerox Modicorp Ltd, the Indian subsidiary of the US multinational Xerox Corporation. The company is already under the Government scanner with the Department of Company ... More

Easy to talk but hard to pay
Members of the Public Vigilance Forum and the Telephone and Mobile Subscribers' Forum, protest against the alleged unreasonable increase in telephone tariff introduced by Bharat Sanchar Nigam Ltd, in Bangalore on Tuesday. ... More

FINANCIAL PERFORMANCE

Rolta March quarter profit at Rs 15.48 cr
ROLTA India, a CAD/CAM/GIS solutions and services provider, has reported a net profit of Rs 15.48 crore on a total income of Rs 51.82 crore for the quarter ended March 31. The company said it had been able to "sustain its profitability in spite ... More

SOFTWARE

A patch a day keeps peace away?
Everybody loves Microsoft products for the features that they offer, though on the security front there is a lot that needs to be done, according to this report. More

INTERNET

Kerala tourism launches new Web feature
KERALA Tourism has introduced a new feature on its Web site. Branded `Leading Lights', the new section on the Kerala tourism department's home page (www.keralatourism.org) is intended to introduce ... More

IT TRAINING

Trends of the future
What's the IT education and training scene like? eWorld offers an update. More

MERGERS & ACQUISITIONS

Looks great, only on paper?
Companies going in for acquisitions realise too late that the deal looked perfect on paper but isn't working in reality. Here's how you can avoid this pitfall. More

Patni Comp buys US solutions co — IPO before September unlikely
"In order to equip ourselves with market skills, we had to go in for inorganic growth" says Mr Patni. More

Siemens to buy out IT arm
SIEMENS Ltd has decided to increase its equity stake in Siemens Information Systems Ltd (SISL), the IT arm of Siemens, to 100 per cent from 74.8 per cent. The Siemens board which met today decided to acquire the 25.2 per cent equity from ... More

TCS acquires Swissair stake in BPO jt venture
TATA Consultancy Services (TCS) on Tuesday announced the acquisition of Airline Financial Support Services India (Pvt) Ltd (AFS), a business process outsourcing outfit which is a joint venture between Swissair and TCS in which the latter already ... More

INTERVIEW

`Recast is to insulate shareholder value from economic slowdown' — Mr V. Srinivas, Chief Financial Officer.
THE financial year 2002-2003 was significant for Satyam Computer Services Ltd, the country's fourth largest IT services company. The company crossed the Rs 2,000-crore mark for the first time in terms of total revenue and had a bad fourth quarter ... More

IT-ENABLED SERVICES

It's a time for giving
For the young call centre agent, who lives the night as an American and sleeps the day as an Indian, fun at work is the funda to swear by. When work is disguised as celebration and office as campus, the HR manager dons Santa's garb. More

Daksh to set up call centre in Mumbai
HAVING stabilised its operations in business process outsourcing (BPO), Daksh eServices, now plans to commence operations in Mumbai. The call centre at Malad in Mumbai would be its fourth facility, the others being at Gurgaon, National Capital ... More

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