Northeast Utilities in Connecticut Tuesday confirmed that it plans to turn over part of its IT operations to two India-based outsourcing firms, despite a recent push by state lawmakers to keep it from doing so.
NU says it employs some 400 IT workers, and "will retain about half of those employees" after turning some operations over to outsourcers Infosys and Tata Consultancy Services, two of India's largest IT firms.
Security software vendor Symantec has sacked its Australian tech support team and outsourced the positions to India, as part of a global restructuring campaign.
Symantec announced a company-wide “organisational simplification initiative” in January, emphasising at the time it would be reducing executive and middle management positions, and reorganising its sales department.
Intel is in danger of getting torn to shreds by Indian anti-trust watchdogs.
According to the Times of India, fair trade regulator Competition Commission has completed its investigations into global chip maker Intel's alleged abuse of its dominant position in the Indian market.
A recent intrusion on the computer network of Norwegian telecommunications company Telenor was the result of a large cyberespionage operation of Indian origin that for the past few years has targeted business, government and political organizations from different countries, according to researchers from security firm Norman Shark.
The Indian government's cyber watchdog is investigating how security at two companies that are part of India's vast IT services industry was breached in a global ATM heist that saw US$45 million stolen from two banks in the Middle East.
EnStage Inc, which operates from Bangalore, and ElectraCard Services, based in Pune, processed card payments for the two banks that were hit in the theft, several people familiar with the situation said.