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India's Covid-19 Crisis Tests the World's Back Offices


By Newley Purnell
India s giant outsourcing firms are facing a two-front challenge: protecting the health of millions of employees as the nation suffers the world s worst Covid-19 crisis, and ensuring that their work continues as usual for the big Western companies on their client lists.
Companies like Infosys Ltd., Wipro Ltd. and Tata Consultancy Services Ltd., known as TCS, have built up armies of workers who serve global clients like Bank of America Corp., Citigroup Inc. s Citibank and Vanguard Group, doing everything from running call centers to writing computer code. The companies, along with Western tech businesses with large India-based staffs, are dealing with absences of sick workers, trying to help stricken employees find oxygen and getting vaccine shots for others at a time when such resources are scarce. ....

United States , Peter Bendor Samuel , Newley Purnell , Narendra Modi , Sandip Patel , Brian Humphries , Marc Benioff , Infosys Ltd , Vanguard Group , America Corp , Tata Consultancy Services Ltd , Wipro Ltd , Everest Group , International Business Machines Corp , Citigroup Inc , Cognizant Technology Solutions Corp , Deepdive Equity Research , International Business Machines , Rod Bourgeois , Old Greenwich , Wall Street Journal Future , Indian Prime Minister Narendra Modi , Prime Minister , Technology Solutions Corp , Wall Street , Dow Jones ,

Wipro to buy UK-based consultancy Capco for $1.45 billion


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BENGALURU (Reuters) - Wipro Ltd said on Thursday it would buy British consultancy Capco for $1.45 billion in cash, as the Indian software giant looks to boost its offerings for the financial services industry that generates the bulk of its revenue.
London-based Capco makes 96% of its revenue from Europe and North America, from where Indian IT services companies have traditionally won the most lucrative contracts.
Wipro and its rivals including Infosys Ltd and Tata Consultancy Services Ltd have become major global players, offering services spanning from back-office work for banks to social media content moderation as well as traditional technical support. ....

United States , Sachin Ravikumar , Infosys Ltd , Tata Consultancy Services Ltd , London Based Capco , North America , Bengaluru Headquartered Wipro , Infosys Limited Stock Exchange , Press Release , Industry Infy Ine009a01021 , ஒன்றுபட்டது மாநிலங்களில் , சச்சின் ரவிகுமார் , இண்பொசயிச் லிமிடெட் , டாடா ஆலோசனை சேவைகள் லிமிடெட் , லண்டன் அடிப்படையிலானது காப்கோ , வடக்கு அமெரிக்கா , இண்பொசயிச் வரையறுக்கப்பட்டவை ஸ்டாக் பரிமாற்றம் , ப்ரெஸ் வெளியீடு ,