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IT Outsourcing to India

India’s IT Outsourcing Industry Faces Strain Of Global Economic Downturn

With Infosys Technologies Ltd, a major Indian software services firm, reporting this month a disappointing guidance for the future sales subsequent to the uncertainties in the global economy, industry experts are worried that India’s IT outsourcing industry is under stress of the weakening economic conditions around the world.
An investor scratches his head in front of a computer screen showing stock information at a brokerage house in Hefei

Asian Markets Rise On Upbeat US Data

Asian markets rose Thursday as investor sentiment was lifted with the encouraging report on the rise of the new homes sales in the U.S., in an indication that the world’s largest economy is regaining the growth momentum.

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