Indian BPO can grow to $50 Bn by 2012: Nasscom/'Private equity funding to touch $48 Bn by 2010'/Bartronics acquires two U.S. firms for $50 Mn

Daily Dose |   January 30 2008

>> TOP NEWS Indian BPO can grow to $50 Bn by 2012: Nasscom Nasscom in its study has said that Indian BPO industry will touch $50 billion by 2012 and create over two million direct jobs in the country. 'Private equity funding to touch $48 Bn by 2010' Investment by overseas private equity funds is set to touch $48 billion in India by 2010, from $17.14 billion last year, even as the country has established an edge over China in this industry, says a new study. Bartronics acquires two U.S. firms for $50 Mn Hyderabad based Bartronics India announced that it has acquired two companies in the U.S. - Proximities and SRG - for a sum of $50 million. >> TECHNOLOGY HCL opens lab for EMC and durability testing Indian software company HCL Technologies through its electro magnetic compatibility (EMC) and durability test lab expects to attract the compliance and environmental certification services. Opening new vistas in the mobile and wireless world The 2nd annual conference and exhibition on broadband and wireless technologies - "Mobility and Wireless World 2008" organized by MAIT, attracted over 100 senior executives from different industryies. >> BUSINESS Tata Consultancy wins $200 Mn Canadian contract Diligenta, one of TCS' subsidiaries, has won a contract worth over $200 million to support BPO services for Canada-based Sun Life Financial. Suzlon's revenue grows 66 percent in third quarter Indian wind power equipment manufacturer Suzlon Energy has reported consolidated revenues of Rs.31.7 billion in the third quarter (Oct-Dec) of the current financial year. >> VENTURE NEWS Essar Oil seeks to raise $2 Bn The Ruias promoted Essar Oil will soon seek an approval of shareholders to raise $2 billion to fund its activities, including expansion of existing refining capacity and hydrocarbons exploration and production. >> OTHER NEWS India to host global nuclear physics conference India will host for the first time an international conference on quarks, at the cutting edge of nuclear physics research, with Jaipur playing the host February 4-10. Three Indian American women on Democrats' panel Three Indian American women have been elected to the standing committees of the 2008 Democratic National Convention that will meet in August to select the party's presidential nominee. >> BLOGS Build your Career in Infrastructure - Padmanaabhan K.R. Every sleepy suburb and village skirting India's cities and major towns, is today the hub of frenzied activity in construction. Landscape that was once just green, rugged patches of earth.... MAGAZINE Cover Story Aruba Networks is springing up on a solid financial footing and has developed unique technology to take on any challenges regardless of size in its stride. Guest Contributor India: On the road to superpower By Vic Kulkarni The author is President & CEO, Sequence Design. SiliconIndia Books The Indian CEO The Indian CEO uses the framework developed by David McClelland of Harvard University, to determine key competencies necessary ....... Buy Now Secrets of Yoga Osho 'You are here, that much is certain. You are alert that you are here, that much is also certain. Now these two ingredients are enough for yoga experimentation......... Buy Now

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