Friday, March 31, 2006

Baker and McKenzie sends more work to Manila

According to ZDNet Australia, Baker and McKenzie plans to alleviate its Sydney and Melbourne offices of their workload by sending more work to Manila. The company has saved US$4 million since it opened its Manila center in the year 2000.

RR Donnelley takes controlling stake in Office Tiger

IndiaOutsourceWatch reported that Office Tiger has been acquired by RR Donnelley & Sons Co. in a US$250 million cash deal. Office Tiger provides BPO services to Fortune 100 companies through its operations in UK, Germany, India, Sri Lanka, and the Philippines.

Thursday, March 30, 2006

GenPact to set up in Philippines

According to ICE World, GenPact, formerly known as GE Capital Information Services, shall set up a global delivery services center in the Philippines and hire 1500 employees to handle voice-based transactions. A similar facility shall also be put up in Poland. GenPact also has entered into a 50:50 joint venture with NDTV to provide video editing, digitization, and graphics to news channel worldwide, according to The Financial Express. The company is facing challenges as well in preparation for its initial public offering.

Hinduja TMT rolls out Employee Stock Option Plan

According to Television Point, Hinduja TMT rolls out Employee Stock Option Plan for all its eligible managers globally that includes India, Philippines, Mauritius, Canada, and USA. This rollout is part of the company's vision to be a competitive player in outsourcing.