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Indian IT outsourcing firms seek to boost revenue through Obamacare

2015-07-08 08:08:27| IT Services - Topix.net

India's IT outsourcing firms are looking to US President Barack Obama's healthcare reform to boost their revenue growth which is slowing as the $146 billion industry's key financial and manufacturing clients spend less on software services. The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd, Infosys Ltd and Wipro Ltd. It also accounts for 90% of all healthcare related contracts, which researchers Everest Group expect to more than double to about $68 billion in 2020 from nearly $31 billion two years ago, largely due to "Obamacare".

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Major UK energy firms 'overcharged'

2015-07-06 22:35:47| BBC News | Business | UK Edition

The big six energy suppliers have "overcharged" millions of energy customers to the tune of 1.2bn a year, the Competition and Markets Authority is expected to say on Tuesday.

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Growth in U.S. services firms rises in June

2015-07-06 21:14:20| Grocery - Topix.net

Service firms grew at a slightly faster pace in June, as business activity and new orders increased. The Institute for Supply Management said that its services index edged up to 56 in June from 55.7 in May. Growth in U.S. services firms rises in June Service firms grew at a slightly faster pace in June, as business activity and new orders increased.

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India's $100 billion solar push draws foreign firms as locals take backseat

2015-07-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: India's $100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector. The money pouring into India's solar industry is likely to be soaked up by foreign-organized projects such as one run by China's Trina Solar - not the country's own solar panel manufacturers. Last week, Softbank became the latest foreign player to enter India's solar market,...

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New firms line up in Austin as tech recruiting wars intensify

2015-07-03 14:16:33| Semiconductors - Topix.net

The growth of the Internet of Things has prompted another national tech recruiting firm to set up shop in Austin. The burgeoning trend of connecting everyday devices to the Internet is fueling the requirement for more workers in the semiconductor industry, and Dallas-based Talent 101 Inc. is planning to take advantage of that need.

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