The Indian Outsourcer to Watch is Based in Teaneck
(This post originally referred incorrectly to HCL Technology. The correct name is HCL Technologies.)
Indian outsourcers are getting ready for more growth. Indian newspaper The Economic Times reports today that the big five IT services companies—Tata Consultancy Services, Cognizant, Infosys, Wipro, and HCL Technologies—are on a hiring spree, adding tens of thousands of new workers in India. Their net headcount increased by 114,000 in the nine months ending in December, 2010. That compares to just 47,000 in the same period the year before. In part, the strong hiring is because of the low-base effect: In 2009, Indian companies were still coping with the uncertainty of the global financial crisis and were being cautious about adding employees. However, the growth is also a sign that the Indian outsourcers expect more business coming their way soon.
Ironically, the company to watch here isn’t even Indian. Cognizant’s stock price has gone up 58 percent since July 2010 and the stock got another boost on Thursday after Goldman Sachs said Cognizant (CTSH) was one of its top picks in the IT services sector. Cognizant’s home office is in Teaneck, New Jersey and the stock is traded on Nasdaq, but it has a major presence in India and it’s growing in the country. Last month, the company announced it will invest more than $500 million in four Indian cities through the end of 2014. That will give it space for 55,000 workers. With a workforce at the end of 2010 of 104,000 workers, Cognizant is going to be giving India’s big outsourcing companies even more of a scare in the months and years ahead.
Read more at BusinessWeek Eye on Asia Blog
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,609,598,578 |
| Stories: | 8,168,206 |
Whistler Blowers, Insiders
