IBM wins $750 million infotech service outsourcing deal from India

NEW DELHI (AFP) - Turning the tables on the outsourcing controversy in the United States, India's largest private telecoms firm, Bharti Televentures, awarded an in-house IT services contract to US computer giant IBM worth up to 750 million dollars. The move by Bharti, one of the most aggressive Indian telecoms players, to outsource its IT needs to the US firm comes amid a raging controversy in the United States about jobs being shifted to India and other developing nations where labour is cheaper. "Arrangements like this will take the sting out of outsourcing," said Sunil Bharti Mittal, chairman of Bharti...

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