Telecom BPO revenue to touch 2 Billion dollars in 2012 -R s

SiliconIndia Daily dose

Friday ,May 29 , 2009
Top news
India's second largest IT exporter Infosys Technologies could see around $25 million of its annual revenues from Citigroup go to rivals, as the U.S. financial major planned to consolidate its outsourcing in India with TCS and Wipro.
The outsourcing revenues from the telecom sector in India are set to grow at a CAGR of 31 percent to nearly $2 billion in 2012. The telecom industry has been growing fast in spite of recession adding around 10 million subscribers every month.
Technology
Internet Protocol Television (IPTV) is all set to revolutionize the way the television is working now. With IPTV, apart from just watching television, one can use the television as a two way media to interact with the world.
The little-known maker of Red Chery - a mobile application used for receiving mails from free and corporate e-mail accounts - is dreaming big: eating into a market straddled by BlackBerry of Canada's Research In Motion.
High end luxury Apartments
3/4 BHK, BDA approved ready to occupy HRBR Banaswadi, off ring road Kalyan Nagar, Bangalore.
Business
Market regulator Securities and Exchange Board of India (SEBI) Thursday proposed to extend the Internet trading facility in securities on exchanges by enabling the use of wireless technology.
India's realtors believe the sector will see signs of recovery in the next three months, according to the Associated Chambers of Commerce and Industry of India (Assocham).
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Sharad sharama, former CEO of Yahoo and Syamtec, has been appointment as entrepreneur-in-residence (EIR), of Canaan Partners, a Venture Capital fund. The company is looking for the vast knowledge he brings with him in the cloud computing.
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