Home Gray Arrow Consulting Gray Arrow Offshoring Gray Arrow Musings Gray Arrow 1st May 2004

About Us


Site Map

What's New

The Kaytek LogoKaytek Welcomes You

- Mumbai ( Bombay ), India.

" The Big Billion Bucks Bombshell "

Offshoring Musings, Thoughts & Insights...!

Benefit From Gray Arrow Kaytek Business Consulting Perspectives

1st May 2004.

Saturday Slumber Surely Shell-Shocked !

Lazily, getting out of beds on this Saturday morning and glancing at today's newspapers surely shocked most of us in the IT Industry in India. Gray Arrow...

...Gray Arrow The news was of SHELL awarding India's largest IT Outsourcing Contract.

The Shell-Shock ?

The Size of the Single Deal.

Over US 1 Billion Dollars.

This single-deal size is larger than the annual turnovers of India's top 3 IT companies - Infosys, WIPRO and TCS.

I think, this is one sure-sign that Outsourcing to India really has become mainstream.

Also, the fact that the company outsourcing the jobs was a Respected European (Anglo-Dutch) Company.

Not a US company, as has been the trend.

Offshoring spreading to Europe too.

Is it a co-incidence that the deal was announced in India today ?

1st May 2004.

Which happens to be Labor Day internationally.

IT Labor surely has got internationalized in the 21st Century.

When Jobs are transferrable across Boundaries.

To me, another interesting aspect of the above deal was that the contract was outsourced to IBM and WIPRO.

Both Collaborators and Competitors in India's Hardware Space.

Perhaps, also in the Global IT Services Space ?

Maybe, continuing the era of Co-optetion.

Co-operation Between Competitors ?

A sign of Maturity for the IT Industry.

Perhaps, similar to the Microsoft-SUN Settlement a couple of weeks ago.

A Good Sign for our Customers who need us ( IT Industry Players) to work together.

So that they can Catch One Neck Surely. (This is A Shameless Plug !)

Talking of Necks, this Saturday also slid in some soothing news for the Indian subsidiaries of Foreign Companies who have set up BPO (Business Process Outsourcing Units) in India.

Their Indian Income necks were on the line after some confusion on their Income Tax position.

A Senior Official of India's CBDT (Central Board for Direct Taxes) (similar to the US Government's IRS (Internal Revenue Service) has clarified the Tax Position for Indian Subsidiary Companies of Foreign Multinationals here.

The Summary of their Viewpoint is that India's Tax Policies will be in line with internationally accepted principles of International Law !

Way to Go !!!

Mahesh Khatri.

Disclaimer : These are my viewpoints, my organization may or may not endorse them partly or fully. All trademarks and service marks acknowledged globally. External Links checked for existence at the time of posting.

Your Valued Opinion Matters !

Kaytek warmly welcomes your comments on this article. We respect your privacy. Your email address will not be misused for any purpose whatsover.

Leverage Knowledge And Technology

Down Arrow Browse Through Our Work / Experiences

Leverage Knowledge And Technology

Down Arrow By Functional Areas / Domains

Leverage Knowledge And Technology

Square Separator Accounting Square Separator Branding Square Separator Communications Square Separator Human Resources Square Separator Intangibles Square Separator Investments Square Separator Knowledge Square Separator Legal Square Separator Management Square Separator Marketing Square Separator Mentoring Square Separator Offshoring Square Separator Organization Square Separator Process Square Separator Software Square Separator Strategy Square Separator Systems Square Separator Tax Square Separator Technology Square Separator Web Square Separator

Leverage Knowledge And Technology

Down Arrow By Industry Types / Verticals

Leverage Knowledge And Technology

Square Separator Airlines Square Separator BPO Square Separator Civic Issues Square Separator Clubs Square Separator Container Line Square Separator CRO Square Separator Education Square Separator Financial Services Square Separator Hotels Square Separator IT-Hardware Square Separator IT-Software Square Separator Manufacturing Square Separator Medical Square Separator Micro Finance Square Separator Professional Square Separator Retail Square Separator Marine (Sea) Food Square Separator Trading Square Separator Travel Square Separator Others Square Separator

Leverage Knowledge And Technology

Down Arrow By Software / Technology Areas

Leverage Knowledge And Technology

Square Separator Main... Square Separator CMM Square Separator ERP Square Separator EAI Square Separator ESA Square Separator IVR Square Separator SAP Square Separator Systems Square Separator UML Square Separator Web Square Separator

Leverage Knowledge And Technology

IT - Software Services
Projects Square Separator List
Methodology Square Separator Web

IT - Operational Services
IT-ASAP Square Separator Hardware Square Separator BPO

Leverage Knowledge And Technology

Viewpoints & Perspectives

Weblogs - Overall Square Separator ERP

Musings Square Separator Bridge The Gap

Knowledge Square Separator KTECH-KIT

Management Square Separator Offshoring

Software Square Separator Technology

IT - Industry Trends Square Separator Vision

Leverage Knowledge And Technology

Educational Institutions / Students

Education Square Separator Internships

Leverage Knowledge And Technology

Individuals With Global Mindsets & Aspirations

Tips-Resources Square Separator KTEK-GROW !

Leverage Knowledge And Technology

Web www.kaytek.co.in

Kaytek - Leverage Knowledge And Technology .

Site Map

Last Updated on 28th March 2009
Posted on 1st May 2004
Kaytek website display optimised for 800 X 600 Pixels Screen Resolution and Browsers compatible with Microsoft MS IE Internet Explorer Version 6.0 and above. (Email : mahesh (at) kaytek (dot) in). Copyright (c) Kaytek 2004 onwards. Mumbai India. All Rights Reserved.