Swedish truck and bus maker Volvo said it will buy more components from India
Media Release
Jun. 19, 2006

Swedish truck and bus maker Volvo said it will buy more components from India and that it expects the country's improving infrastructure to boost demand for its trucks.

Volvo, which has been in India since 1998, exported truck components worth 50 million euros to the Volvo group in 2005, and expects to reach 70 million euros ($56 million) this year.

Swedish truck and bus maker Volvo said it will buy more components from India
Media Release
Swedish truck and bus maker Volvo said it will buy more components from India and that it expects the country's improving infrastructure to boost demand for its trucks.
READ MORE>>

Offshoring trend to India reversed - Powergen, Britain's second-biggest energy supplier, is bringing back its call centre operations from India, leading to 980 British jobs being created by the end of the year
Media Release
The move, announced yesterday, forms part of a nascent trend of companies moving jobs back to Britain: Abbey was forced to shut its call centres in India last year after customers' reported unhappiness with the bank's 1000 call centre staff in Bangalore.
READ MORE>>

Tata Consultancy Services is holding discussions with united utilities to acquire its business process outsourcing arm vertex
Media Release
As indicated in the past, acquisitions are a part of the company's growth strategy. Accordingly, the company considers from time to time various proposals for acquisitions and mergers
READ MORE>>

Infosys intended to set up its largest campus yet at Mahindra City near Chennai
Media Release
Infosys intended to set up its largest campus yet at Mahindra City near Chennai where the company owns 125 acres of land. The Rs 1,250 crore facility will have a built-up area of five million sq ft
READ MORE>>

Samsung India on Thursday said it would invest US$20 million on its expansion plans and for Research and Development in the country this year
Media Release
Samsung India on Thursday said it would invest US$20 million on its expansion plans and for Research and Development in the country this year, with plans to earn 27 per cent of its revenues from the IT segment.
READ MORE>>

Central Marketing Group, the trading arm of the Central Group, is taking another step to move its local brand to the international level by exporting to new markets such as India and the Middle East
Media Release
Earlier this year, CMG established an overseas corporate department to fully develop distribution channels abroad.
READ MORE>>

Infosys Technologies is on track to post earnings growth of 26-28 per cent this quarter
Media Release
Infosys Technologies is on track to post earnings growth of 26-28 per cent this quarter, helped by a global outsourcing boom, the head of India's second-biggest software services exporter said on Thursday.
READ MORE>>

Tata Consultancy Services (TCS) is looking to buy Vertex, the outsourcing arm of UK's United Utilities PLC
Media Release
It said that Vertex -- which has interests in back office functions like customer services, human resources, procurement, finance and accounting -- is perceived by the parent company as a non-core business, and hence the decision to sell.
READ MORE>>

A US-based provider of outsourced product development for global software companies, Symphony Services, has set up its fourth development centre in India
Media Release
A US-based provider of outsourced product development for global software companies, Symphony Services, has set up its fourth development centre in India here to house up to 2,000 professionals.
READ MORE>>

MORE ARTICLES >>