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Business Process Outsourcing To India
Business process outsourcing to India refers to the business process outsourcing services in the outsourcing industry in India, catering mainly to Western operations of multinational corporations (MNCs). As of 2012, around 2.8 million people work in outsourcing sector. Annual revenues are around $11 billion, around 1% of GDP. Around 2.5 million people graduate in India every year. Wages are rising by 10–15 percent as a result of skill shortage. History Amex In the second half of the 1980s, American Express consolidated its JAPAC (Japan and Asia Pacific) back office operations into Gurgaon region. This centre (called the Financial Resource Centre East or FRC-E)was headed by an Expat Harry Robertson, a veteran American Express employee with Raman Roy reporting to him, Raman Roy later on quit Amex to join GE and later on started his own enterprise called Spectramind which got later on merged with Wipro and then later on started Quatrro BPO. General Electric In the 1990s Jack ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Process Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Companies Act, 1956
The Companies Act 1956 was an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their directors and secretaries. It was repealed and replaced by the Companies Act 2013. History The Act was administered by the Government of India through the Ministry of Corporate Affairs and the Offices of Registrar of Companies, Official Liquidators, Public Trustee, Company Law Board, Director of Inspection, etc. The Registrar of Companies (ROC) handles incorporation of new companies and the administration of running companies. Since its commencement, it was amended many times, in which amendment of 1988, 1990, 1996, 2000 , 2011 & 2013 were notable. Types of companies There are 11 types of registrations for a company under the Companies Act 1956. * Private company * Public company * Companies limited by shares * Companies limited by guarantee * Unlimited company * Section 25 company * Governme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mysore
Mysore (), officially Mysuru (), is a city in the southern part of the state of Karnataka, India. Mysore city is geographically located between 12° 18′ 26″ north latitude and 76° 38′ 59″ east longitude. It is located at an altitude of above mean sea level. Mysore is situated at the foothills of Chamundi Hills about towards the southwest of Bangalore and spread across an area of . Mysore City Corporation is responsible for the civic administration of the city, which is also the headquarters of Mysore district and Mysore division. It served as the capital city of the Kingdom of Mysore for nearly six centuries from 1399 until 1956. The Kingdom was ruled by the Wadiyar dynasty, with a brief period of interregnum in the late 18th century when Hyder Ali and Tipu Sultan were in power. The Wadiyars were patrons of art and culture. Tipu Sultan and Hyder Ali also contributed significantly to the cultural and economic growth of the city and the state by planting mulber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mangalore
Mangalore (), officially known as Mangaluru, is a major port city of the Indian state of Karnataka. It is located between the Arabian Sea and the Western Ghats about west of Bangalore, the state capital, 20 km north of Karnataka–Kerala border, 297 km south of Goa. Mangalore is the state's only city to have all four modes of transport—air, road, rail and sea. The population of the urban agglomeration was 619,664 national census of India. It is known for being one of the locations of the Indian strategic petroleum reserves. The city developed as a port in the Arabian Sea during ancient times, and has since become a major port of India that handles 75 percent of India's coffee and cashew exports. It is also the country's seventh largest container port. Mangalore has been ruled by several major powers, including the Kadambas, Alupas, Vijayanagar Empire, Keladi Nayaks, and the Portuguese. The city was a source of contention between the British a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aurangabad, Maharashtra
Aurangabad ( is a city in the Indian state of Maharashtra. It is the administrative headquarters of Aurangabad district, Maharashtra, Aurangabad district and is the largest city in the Marathwada region. Located on a hilly upland terrain in the Deccan Traps, Aurangabad is the fifth-most populous urban area in Maharashtra with a population of 1,175,116. The city is known as a major production center of cotton textile and artistic silk fabrics. Several prominent educational institutions, including Dr. Babasaheb Ambedkar Marathwada University, are located in the city. The city is also a popular tourism hub, with tourist destinations like the Ajanta Caves, Ajanta and Ellora Caves, Ellora caves lying on its outskirts, both of which have been designated as UNESCO World Heritage Sites since 1983. Other tourist attractions include the Aurangabad Caves, Daulatabad Fort, Devagiri Fort, Grishneshwar Temple, Jama Mosque, Aurangabad, Jama Mosque, Bibi Ka Maqbara, Himayat Bagh, Panchakki and S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sangli
Sangli () is a city and the district headquarters of Sangli District in the state of Maharashtra, in western India. It is known as the Turmeric City of Maharashtra due to its production and trade of the spice. Sangli is situated on the banks of river Krishna and houses many Sugar factory, sugar factories. Sangli is a major city in Western India 390 km from Mumbai, 240 km from Pune and 653 km from Bangalore. Sangli is known for its turmeric trade, grapes and the largest number of sugar factories in India. The only district has more than 30 sugar factories. Sangli Miraj Kupwad, along with its Urban Agglomeration together known as Sangli Miraj Kupwad Metropolitan Region (SMKMR). Sangli UA/Metropolitan is one of the biggest city in Maharashtra and 93rd biggest in India. Sangli UA/Metropolitan Region has developed itself as a modern city with broader roads, major railway junction, Malls & Multiplexes, hotels with multi-cuisine and very good education facilities. The c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nashik
Nashik (, Marathi: aːʃik, also called as Nasik ) is a city in the northern region of the Indian state of Maharashtra. Situated on the banks of river Godavari, Nashik is the third largest city in Maharashtra, after Mumbai and Pune. Nashik is well known for being one of the Hindu pilgrimage sites of the Kumbh Mela, which is held every 12 years. Nashik is located about 190 km north of state capital Mumbai. The city is called the "Wine Capital of India" as more than half of India's vineyards and wineries are located here. Around 90% of all Indian wine comes from the Nashik Valley. Nashik is one of the fastest-growing cities in India. It has been a major industrial center in automobile hub. The city houses companies like Exxelia, Atlas Copco, Robert Bosch GmbH, CEAT Limited, Crompton Greaves, Graphite India, ThyssenKrupp, Epcos, Everest Industries, Gabriel India, GlaxoSmithKline, Hindustan Coca-Cola, Hindustan Unilever Limited, Jindal Polyster, Jyoti Structures, Kirl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pune
Pune (; ; also known as Poona, (List of renamed Indian cities and states#Maharashtra, the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest in Maharashtra by area, with a geographical area of 7,256 sq km. It has been ranked "the most liveable city in India" several times. Pune is also considered to be the cultural and educational capital of Maharashtra. Along with the municipal corporation area of Pimpri-Chinchwad Municipal Corporation, PCMC, Pune Municipal Corporation, PMC and the three Cantonment Board, cantonment towns of Pune Camp, Camp, Khadki, and Dehu Road, Pune forms the urban core of the eponymous Pune Metropolitan Region (PMR). Situated {{convert, 560, m, 0, abbr=off Height above sea level, above sea level on the Deccan Plateau, Deccan plateau, on the right bank of the Mutha River, Mutha river,{{cite web , last=Nala ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-most populous city in India after Delhi and the eighth-most populous city in the world with a population of roughly 20 million (2 crore). As per the Indian government population census of 2011, Mumbai was the most populous city in India with an estimated city proper population of 12.5 million (1.25 crore) living under the Brihanmumbai Municipal Corporation. Mumbai is the centre of the Mumbai Metropolitan Region, the sixth most populous metropolitan area in the world with a population of over 23 million (2.3 crore). Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ahmedabad
Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per the 2011 population census) makes it the fifth-most populous city in India, and the encompassing urban agglomeration population estimated at 6,357,693 is the seventh-most populous in India. Ahmedabad is located near the banks of the Sabarmati River, from the capital of Gujarat, Gandhinagar, also known as its twin city. Ahmedabad has emerged as an important economic and industrial hub in India. It is the second-largest producer of cotton in India, due to which it was known as the 'Manchester of India' along with Kanpur. Ahmedabad's stock exchange (before it was shut down in 2018) was the country's second oldest. Cricket is a popular sport in Ahmedabad; a newly built stadium, called Narendra Modi Stadium, at Motera can accommodate 132,0 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Capital Region (India)
The National Capital Region (NCR) is a planning region centred upon the National Capital Territory (NCT) of Delhi in India. It encompasses Delhi and several districts surrounding it from the states of Haryana, Uttar Pradesh and Rajasthan. The NCR and the associated National Capital Region Planning Board (NCRPB) were created in 1985 to plan the development of the region and to evolve ''harmonized policies for the control of land-uses and development of infrastructure'' in the region. Prominent cities of NCR include Delhi, Faridabad, Ghaziabad, Gurugram, and Noida. The NCR is a ''rural-urban'' region, with a population of over 46,069,000 and an urbanisation level of 62.6%. As well as the cities and towns, the NCR contains ecologically sensitive areas like the Aravalli ridge, forests, wildlife and bird sanctuaries. The Delhi Extended Urban Agglomeration, a part of the NCR, had an estimated GDP of $370 billion (measured in terms of GDP PPP) in 2015–16. History The National Cap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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