BPM Industry

The new center will further strengthen WNS' existing capabilities in delivering digital-first industry-specific solutions for diverse industries, including Shipping and Logistics, etc

Ukraine war, funding cuts for start-ups, companies tightening spending among reasons for hiring decline

India's BPM sector with revenues at $44 billion experienced double-digit growth of over 14 per cent in FY22 as compared to FY21 and accounts for nearly 40 per cent of global sourcing spend

Companies looking for candidates with digital skills and engineering graduates from smaller cities

Founded in 2011, Vuram has 900 employees at various locations in India, US, Mexico, Australia, Canada, and UK

With India being one of the largest and most diverse centre for the company, its support in this growth will be crucial

Report says sector to reach a head count of 4.85 million in FY22, is on track to reach 10 mn workforce in next five years, with significant increase in contract hiring

The company on Wednesday posted a rise in consolidated net profit

Tyagarajan says firm now expects full year revenue to rise 5.5-6.5 per cent on a constant currency basis, up from 5-6.5 per cent it expected earlier

Part of the push to reach this $1 billion target may also come from Chennai-based CSS Corp in which StarTek acquired 26 per cent stake in the company for $30 million, early this year.

An old rule barred work such as voice calls from home. DoT relaxed rules last November, allowing BPM and other service providers (OSPs) to work from anywhere in India

Business process management firm hired 4,500 people in Feb globally, of which 40% were women; the company is also

The Indian IT-BPM sector witnessed a recovery in revenue growth at 7.9 per cent in FY2019-20, primarily driven by a significant boost in domestic revenue, as per the Economic Survey 2020-21

US-headquartered Sutherland has been trying to build a strong IT services practice for some time, with limited success.

Experts say the move will also encourage companies to focus on innovative products and solutions and improve BPM delivery efficiencies

Pandemic forces companies to look at setting up centres in smaller towns

India is well aware that while globalisation is here to stay, its norms, however, may become different, says India's foreign secretary

This will mark a shift in an industry that is widely thought of as being used to working from a fixed workplace.

Private equity firm Capital Square Partners (CSP) has gone under water on the deal

The number of employees impacted by the provision is as high as 1.8-2 million