SEARCHED FOR:BUSINESS PROCESS MANAGEMENT COMPANIES
Covid-19: No outsourcing for these business processes management companies
BPM companies are caught between mobility curbs and client protocol that disallows work-from-home. Experts are of the view that the Indian BPO industry faces significant challenges in the short and medium term due to the Covid-19 related restrictions. Analysts say companies face challenges in organising thousands of computers and internet connections to employees at short notice, impacting work.
BPM firms get more staff back to work in small towns amid stringent restrictions in metros
Most employees in metro cities are working from ho...
Nasscom seeks government's help for benched staff
It has also asked the government to introduce a furlough scheme, like in the UK, where for ...
‘Post-Covid, companies must learn to be less efficient but more resilient; only agile firms will survive’
A new book has listed 7 lessons that companies can learn from the Covid-19 pandemic.
HDFC AMC drops 2% after Prashant Jain sells one-third of his shares in firm
The reason behind Jain’s decision to sell a portion of the personal holdings could not be ascertained but it has heightened debate on HDFC Asset’s valuations, which a section of the market thinks is expensive.
BP to set up major new global business services centre in Pune
"The new center in India will assume operational ownership of third-party business processes and seek to further extend its work with analytics and data science capabilities to pursue better business outcomes," the company said in a statement.
Infosys shrinks top management, grows number of lower-level positions
The number of top-level employees fell by 5% to 926 positions in 2020 from a year earlier.
Covid lockdown: BPM firms see sluggish quarter, to defer promotions and hikes
Analysts said other BPM companies are also taking cost-cutting measures, such as delayed increments and promotions, as they increasingly look to maintain existing contracts with clients. Although WNS reported strong growth in the previous financial year, Murugesh said clients across industry sectors have been impacted and the company was witnessing at least “six months’ pause” in business growth.
UTI AMC gets Sebi nod to launch IPO
This will be the third public offering in the Indian mutual fund industry after Nippon Life Asset Management and HDFC Mutual Fund.
China's blue-chips vault to 5-year high on hopes of economic recovery, policy support
CSI SWS securities index surging 9.8% to their highest level since November 2016
HDFC Mutual Fund proposes to roll over close-ended fund by 18 months
HDFC Mutual Fund plans to rollover HDFC Equity Opportunities Fund – Series 2, a close-ended fund launched in May 2017 with a tenure of 1126 days, by another 18 months.
Mutual funds’ average AUM falls 8.9% in April-June, Franklin worst hit
The average AUM of the industry declined from Rs 27,03,675 crore during the January-March quarter to Rs 24,62,769 crore.
IHCL resilient to disruptive challenges: MD & CEO Puneet Chhatwal
"With a 116-year legacy honed by Tata values, our ability to consistently deliver industry-leading growth while maintaining profitability and balance sheet strength, combined with our business sense and thrift, makes us resilient to disruptive challenges," IHCL MD and CEO Puneet Chhatwal said in the company's Annual Report for 2019-20.
Finance Ministry appoints PR Jaishankar managing director of IIFCL
The appointment comes after the Bank Boards Bureau (BBB), the headhunter for state-run banks and financial institutions, recommended Jaishankar on March 15. The post lied vacant for three years before the appointment.
Fashion and apparel companies still hurting
Fashion sales in January stood at $7 billion, or $85 billion annualised, the report said, adding that the dip was the steepest in April, when sales fell to 10% of January levels.