Indian IT bodyshops starts tapping Central American markets - Tata Consultancy Services will open office in Columbia
Harish Baliga
Sep. 24, 2006

TCS has also bagged three new clients in Columbia including the Ministry of Finance and two leading telecom companies.

TCS Iberoamerica currently operates in 14 countries across Mexico, Central America, South America as well as Spain and Portugal.

According to TCS officials, the Columbia office will serve the need for sophisticated IT and BPO needs of global and regional companies based in Columbia. Columbia represents an important strategic market being the third largest country in Latin America in terms of population and the regions fifth largest economy. Indian IT body shppers are now focusing on Central America as their inefficiencies are exlicitly manifested in America and Europe.

Indian IT bodyshops starts tapping Central American markets - Tata Consultancy Services will open office in Columbia
Harish Baliga
According to TCS officials, the Columbia office will serve the need for sophisticated IT and BPO needs of global and regional companies based in Columbia.
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Eicher Motors signs pact with e-Logistics
Media Release
Commercial vehicle manufacturer, Eicher Motors, today said it has entered into a strategic tie-up with Chennai-based e-Logistics Ltd for supply of vehicle tracking systems.
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US-based global investment banking major Goldman Sachs today said it will invest one billion dollar in India
Media Release
US-based global investment banking major Goldman Sachs today said it will invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
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American and European companies finally have realized the bad side of outsourcing moving out of India and China and coming closer to customer bases : IBM study
Harish Baliga
The great depression of India and China starts with European and American companies puuling out in big numbers trying to be close to their markets, suppliers and decision-makers rather than just looking for a low-cost base.
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Infosys core banking solutions great in India but does not stand a chance in world competition
Harish Baliga
Infosys is in for a great lesson as it tries to dump in core banking solutions custom built for India on international banking sectors.
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Dell Inc., the world's biggest personal computer maker will create a new plant in Tamil Tamil Nadu
Media Release
The company, based in Round Rock, Texas, said it expects to begin manufacturing in India by early 2007, focusing initially on production of desktop computers, which make up about 70 percent of Dell's current business in the country.
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Aviva would reduce its staff in the UK by 4,000 from the existing 36,000 and offshore 1,000 of them to India by 2008
Media Release
Aviva, which owns Norwich Union, hopes to reduce duplication and improve efficiency to deliver annual cost savings of 250 million pounds by 2008.
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US gets a wake up call - asks India to be fair with Cola companies
Tania Shekhar
India and China do what they need for them. America for the first time is getting a wake up call. The fair and open trade cannot be just one sided. It is time for US to close the door on H1B1 visas for ever.
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