News

HP to cut 6400 more jobs

Businesses worldwide continue to announce more job losses. Latest to come up with more such axing is Hewlett Packard.

HP has registered a steep decline in its second quarter profits and …

May 21, 2009 | Leave comment | Read More

BT cuts 15000 jobs

The recession continues to take its toll.

Telecommunications giant, British Telecom (BT), is to cut 15,000 jobs this year. It said it was aiming to cut the jobs through natural wastage, …

May 14, 2009 | Leave comment | Read More

Microsoft job cuts in India

Microsoft has initiated job cuts in India. It has reportedly reduced its India workforce by 1%. This is said to be part of its January, 2009 initiative wherein it had announced reduction …

May 10, 2009 | Leave comment | Read More

Tata Consultancy acquires Citigroup BPO

Another acquisition made news today !

Tata Consultancy Services (TCS) is acquiring Citi’s Indian BPO through a cash deal of US Dollar 505 million.

Citi’s Indian back-office, Citigroup Global Services Limited (CGSL), is a captive unit and …

October 8, 2008 | Comments Off | Read More

Nomura acquires Lehman Brothers’ units in Powai, Mumbai

Nomura Holdings have finally made an announcement regarding acquisition of Lehman Brothers’ Business Units in Powai, Mumbai (India).

A company release says that Nomura would acquire 3 units of Lehman in …

October 6, 2008 | Leave comment | Read More

Nomura to buy Lehman Brothers’ BPO in India

Read the Latest:  Nomura acquires Lehman Brothers’ units in Powai, Mumbai

Nomura Holdings, the Japanese brokerage group which recently bought Lehman Brothers’ Asia-Pacific, European and Middle-East operations, is …

October 3, 2008 | Leave comment | Read More