UPDATE: One of this country's leading IT companies is to be acquired by Indian software giant Infosys.
NAB yesterday told its employees which of its IT jobs will be offshored, after the bank took the decision to outsource some of its tech staff last year.
National Australia Bank has decided to suspend future work with Indian outsourcer Satyam.
National Australia Bank has dismissed as "incorrect" rumours that technology services giant Accenture was making a pitch to replace disgraced Indian competitor Satyam in the bank's operations.
The National Australia Bank (NAB) has awarded IT services contracts to Indian outsourcing giants Infosys and Satyam, in a move which may threaten Australian IT staff.
UPDATE: One of this country's leading IT companies is to be acquired by Indian software giant Infosys.
NAB may send around 400 jobs overseas in a bid to improve operational efficiencies.
The level of outrage over the outsourcing of software development to India is disproportionate to the effect it is having on the local industry, according to analysis group Gartner.
Wipro CEO Vivek Paul ponders the implications of a US that graduates more sports therapists than engineers.
Growing demand for offshore services in India is raising the cost of labour there, causing US firms to begin eyeing China, Romania and other options. But India has some tricks up its sleeve.
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