Issue: 0776 | Tuesday , December 04 , 2007
Funds prefer PE route for building positions
Sub-prime: Money-back assurances prove costly
HFs shift convertibles to multistrategies: report
A new seven-year low for HFs
Equity Derivatives usage gains depth: Greenwich
FX swaps suffer as money market gloom persists
US economic woes worry Europe
Wall St directs more research work to India
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Indian service providers ready to step into big league: Expert

Indian IT service providers are ready to step into the big league now and the trust developed in India for Business Process Outsourcing and ITO is allowing a rich seam of Knowledge Process Outsourcing to be tapped and developed, a leading IT expert said on Monday.

Mark Kobayashi-Hillary, author of a new book on IT "Building a Future with BRICs: The Next Decade for Offshoring" said "Indian service providers are ready to step into the big league now... $1 billion deals such as Nielson and Tata Consultancy Services." However, "their public perception and branding still seems to focus often on 'cost' rather than value," he said.
(Read more..)


Source :The Economic Times



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