Business Standard reports neither companies in India nor their clients keen on using the word 'offshoring' given the politics associated with the word in the world market, according to software body Nasscom.
"The word offshoring has lost its meaning and is getting off the vocabulary of our members and customers. This is getting replaced by 'global sourcing' which is already happening; they want to get things done wherever it makes sense for them," Nasscom President Som Mittal told the media here today. Clients come to India not because of the cost arbitrage in terms of salary but to enjoy the 'resource arbitrage' in terms of getting quality manpower, he added.
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Source: Business Standard
Showing posts with label Business Standard. Show all posts
Showing posts with label Business Standard. Show all posts
Friday, May 21, 2010
Thursday, September 3, 2009
An article on Helion Venture Partners in BS
Q&A session with Ashish Gupta- MD (investment advisor), Helion Ventures, in a chat with Shivani Shinde spoke about the venture capital (VC) environment and some of the investment focus going ahead. Excerpts.
Tuesday, August 18, 2009
News udpates
France out of recession and Japan follows suit- its outlook on the business and economy scene is still shaky though, as per Business Standard.
LIC plans to open up a VC firm soon.
Sony India- have shortlisted four product categories around which it would heavily invest in sales and marketing and product development.
BSE tanks more than 600 points on global queues and monsoon worries....
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