Digest this; India’s third largest software firm Wipro Ltd has named customers such as US electronics retailer Best Buy Co. Inc. and insurer Main Street America Group.
Infosys Technologies Ltd has announced a three year $150 million (Rs 666 crore) contract from Microsoft Corp. to manage internal IT systems;
HCL Technologies Ltd has named seven clients, including US publishing group Advanstar Inc. and French glass maker Saint Gobain.
Indian IT companies are generally reluctant to name customers, but the practice is changing.
Some of the overseas customers are generally unwilling to be named because of growing agitation back home at losing jobs to Indian companies. But the trend is changing and by outsourcing to Indian vendors, customers are telling their investors that they are lowering operating costs to remain competitive.
Infosys Technologies Ltd has announced a three year $150 million (Rs 666 crore) contract from Microsoft Corp. to manage internal IT systems;
HCL Technologies Ltd has named seven clients, including US publishing group Advanstar Inc. and French glass maker Saint Gobain.
Indian IT companies are generally reluctant to name customers, but the practice is changing.
Some of the overseas customers are generally unwilling to be named because of growing agitation back home at losing jobs to Indian companies. But the trend is changing and by outsourcing to Indian vendors, customers are telling their investors that they are lowering operating costs to remain competitive.
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