On a quiet Sunday in the Lazy Town warehouse, the man many of the world's children know as Sportacus was working up some optimism for Iceland. Business outsourcing may not be the most glamorous industry in the world but it is one of the few bright ...

EXL lines up $70 m for foreign buyouts - Economic Times

NEW DELHI: BPO firm ExlService Holdings is looking at acquisitions of companies that can either strengthen expertise in key verticals or expand its presence in new outsourcing destinations, EXL president & CEO Rohit Kapoor said. The firm is eyeing ...

Airports, govt working on groundhandling formula - Business Standard

Currently, airlines, including Jet Airways and Kingfisher Airlines, undertake their own groundhandling. But under the new policy, they will not be permitted to do so. Carriers have said that at least 8,000 employees working in these companies will ...

US-listed Indian firms lose $6 bn in a week - Economic Times

NEW YORK: Indian companies listed on the American bourses lost nearly six billion dollars in just one week, with the market value of HDFC Bank eroding as much as 1.38 billion dollars, amid worsening financial turmoil and scour corporate news ...

Outsourcing by airlines could tighten - Atlanta Journal Constitution

For years, U.S. airlines have been moving aircraft maintenance work to Asia, Mexico, Central America and other locations with low labor costs. Now, with the incoming Obama administration and a more Democratic Congress preparing a new aviation agenda ...