« New Business | Main | Advertising Information »

May 09, 2007

Top Stories

EDS SIGNS BILLION DOLLAR DEAL...EDS announced an agreement with an expected total contract value of approximately US$1 billion with KarstadtQuelle AG, Europe’s leading retail and tourism group, to manage the company’s applications and information technology (IT) environment for the next eight years. The deal is subject to standard regulatory approval.

INDIA BPO STILL LARGELY UNTAPPED...Indian Business Process Outsourcing (BPO) suppliers have achieved critical mass and are now successfully competing with major global suppliers of BPO, reports a new, in-depth study from the Everest Research Institute. According to the study, Business Process Outsourcing – Indian Supplier Landscape, offshoring of business functions such as finance and accounting, customer service, and human resources to Indian suppliers is becoming increasingly mainstream. The study analyzed the entire Indian BPO supplier landscape, and identified 11 suppliers that are establishing themselves as global players through cost efficiency and process and industry expertise. For additional information and an extract of the Business Process Outsourcing (BPO) Indian Supplier Landscape, please visit www.outsourcing-center.com. You may also call 214-451-3110 to schedule a personal briefing appointment.

HP RAISES GUIDANCE FOR SECOND QUARTER...HP has raised its financial guidance for the fiscal second quarter ended April 30. Based on preliminary data, HP expects to announce on May 16 – when its second quarter results are scheduled to be released – that it recorded revenue in the range of $25.50 billion to $25.55 billion, non-GAAP diluted earnings per share (EPS) in the range of $0.69 to $0.70, and GAAP EPS in the range of $0.64 to $0.65. Non-GAAP diluted EPS estimates exclude after-tax costs of approximately $0.05 per share, related primarily to the amortization of purchased intangible assets.

H-CUBE UNIFIES SUBS, ADOPTS NEW NAME...H-Cube has changed its name to Zenta and integrated the operations of its three subsidiaries to create one of the world's leading business and knowledge process outsourcing companies. Under the new Zenta brand, the company will offer its customers a broad array of services based on a high level of integration throughout its operational centers of excellence.

Posted by jbowles at May 9, 2007 07:11 PM