IT News-4: "Obama to discourage outsourcing"

Barack Obama, the Presidential candidate of the Democratic Party of USA has stated that if he becomes President, he would demand American business to give up the practice of outsourcing. Those who persist in outsourcing would lose tax rebates.

Courtesy: Ananda Vikatan, Tamil weekly, September 10, 2008.

Wikipedia article on “Barack Obama presidential campaign, 2008”:

http://en.wikipedia.org/wiki/Obama_campaign

Grateful thanks to Ananda Vikatan and Wikipedia, the free encyclopedia.

IT News-3: "Outsourcing and Insourcing"

A recent study by Catherine Mann at the Institute for International Economics, who predicted that 3.3 million jobs would have moved to developing countries by the end of 2015.

On the other hand, jobs in the U.S. increased by six million due to insourcing in the U.S. from other countries.

Excerpt from “Outsourcing is here to stay” by Special Correspondent, The Hindu, Madurai, date and other details not available.

Wikipedia article on “Outsourcing” and “Insourcing”:
http://en.wikipedia.org/wiki/Outsourcing

http://en.wikipedia.org/wiki/Insourcing

Grateful thanks to The Hindu and Wikipedia, the free encyclopedia.

IT News-2: Software and Services Export from India

Business Standard reports that by 2015, the software and services export could touch $335 billion if it grows at 24% CAGR(Compound Annual Growth Rate), $276 billion if it grows at 21% CAGR and $226 billion if it grows at 18% CAGR.

So those of you in IT and those who are studying with a plan to enter IT, be cheerful.

Grateful thanks to Business Standard for the optimistic and encouraging report.

IT News-1: Major Exporters of IT Services from India

Currently, TCS, Infosys and Wipro contribute more than 46% of total IT services export from India.

Courtesy: Business Standard