1,100 Royal &amp; Sun jobs for India
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Royal &amp; Sun Alliance, Britain&#39;s second-largest insurance company, is planning to shift over 1,100 jobs to India as a part of its cost-cutting exercise.
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British insurance giant Aviva announced plans to export 950 more jobs to India and Sri Lanka next year, with a total of 7,000 staff expected to be offshored by the end of 2007.
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It used to be the case that the number of expatriates sent to India for work would pale in comparison to those in Singapore or Hong Kong. That's changing now however because of the growing number of opportunities in the fast growing nation. Salaries in India are rising quickly to attract the best talent for top jobs - and are now are on par with salaries in other parts of the world as our Mumbai Business Correspondent Karishma Vaswani reports.
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Insurer Royal and Sun Alliance became the latest high-profile British firm to announce a mass transfer of jobs to India, saying it plans to move 1,100 positions there by 2006, saving the group 10 million pounds annually (14.5 million euros, 18.0 million dollars).
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This company covers about 150 countries and about 2.500 locations all around the world.
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The Mangalore Refineries and Petrochemicals Ltd (MRPL) proposed to invest Rs 1,300 crore over a period of time in improving plant and upgrading products, Oil and Natural Gas Corp Ltd (ONGC) Chairman Subir Raha said today.
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40% of SBs (small businesses, or companies with up to 99 employees) in  India plan to invest in computers for the first time in the next 12  months, opening up a huge opportunity for hardware, software and  solution vendors.
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Microsoft will hire hundreds of new staff for its operations in Hyderabad, south India over the next 12 months. The company&#39;s chief executive officer, Steve Ballmer said the hiring of more staff for its software
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One of the country&#39;s biggest insurance firms today announced plans to transfer more than 1,100 jobs to India over the next few years, sparking fears of a &quot;crisis&quot; in the UK.
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LONDON  - British insurer Royal &amp; SunAlliance said Monday it plans to transfer more than 1,100 jobs to India over the next few years in a bid to cut costs.
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Yahoo has trimmed some staff in India as part of an exercise to improve the quality of its research and development (R&amp;D) team in the country. The company has removed less than 5 percent of staff after they failed in a performance appraisal, according to an informed source. Yahoo employs 1,500 staff in India in R&amp;D and its sales and marketing operations.However, the company continues to hire more staff in India. While declining to confirm the staff cuts, a spokeswoman at Yahoo said Thursday that the company has doubled staff in India each year, and is likely to do so this year as well. &quot;We continue to build a high performance culture in India,&quot; she said.IBM&#160;and Indian outsourcer Tata Consultancy Services have also&#160;trimmed under-performing staff in India, although both have said that the staff cuts are routine annual exercises to weed out under-performing staff. As staff costs in India increase because of shortage and competition, companies may be getting a lot tighter on quality, according to some analysts.Yahoo announced in January&#160;plans to let go about 1,000 of its global staff&#160;in February.
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LONDON: British insurance major Royal &amp; Sun Alliance (RSA) has announced that it would shift as many as 1,100 jobs from Britain to India in the next two years.
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Aerospace and high-tech manufacturer Honeywell International Inc. will hire 1,000 software programmers and invest $10 million in India over the next 12 months to bolster its research and development activities, an company official said Monday.
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Insurer Royal & Sun Alliance is to transfer 1,100 UK jobs to India, leaving the company's 680 Sunderland staff in fear for their future.
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London, Oct. 11: Britainâs second-largest general insurance group, Royal &amp; Sun Alliance, is to save Â£10 million a year by outsourcing 1,100 jobs in call centres, administration and processing to India over the next two years.
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A UK company is formed specifically to help more businesses outsource their operations to India.
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The owner of Currys electrical stores has pledged to create 2,000 jobs with the launch of a new service providing expert support to IT users.