Outsourcing

According to Indian press, Infosys Technologies Ltd, Indian operations-outsourcing and software giant, plans to outsource by moving some of its business to Brasil.

Its new center in Brasil is planned to start operations within next three to four months. There will be employed about 100 workers, according to the words of Infosys Chief Financial Officer V. Balakrishnan. “Some of our U.S. customers asked for a center in Brazil, as the country falls in the same time zone," commented Balakrishnan. 

As it is known from report Infosys rivals Wipro Ltd. and Tata Consultancy Services have already outsourced to Brazil.

Ayala Corp. purchased a bankrupt US-based outsourcing company On-site Sourcing, Inc. for $9 million. The transaction was made through Ayala’s unit Integreon Managed Solutions, Inc. On-site, which filed for reorganization under Chapter 11 of the US Bankruptcy Code on Feb. 5, was created in 1991 and provides electronic evidence solutions to law firms and corporations.