British Insurer to Move Jobs to India
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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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French industrial minerals group Imerys, which makes kaolin products has said that it would restructure its operations in Britain with the probable loss of 800 jobs in Devon and Cornwall.
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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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Britain&#39;s largest insurer Aviva says it plans to have moved up to 7,000 UK jobs to low-cost centres in Asia by the end of 2007, the final figure in its controversial programme to shift jobs offshore.
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It may now be the turn of Indian companies to offshore outside India their IT services requirements.
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London, September 22: Britain&#39;s leading insurance company Aviva on Wednesday announced plans to shift another 760 jobs to India, in addition to the 3,700 jobs already created in the country.
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Banking group Lloyds TSB said Tuesday it will transfer about 1,000 British jobs to India by the end of next year. The group will transfer jobs in its information technology and group operations departments
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Aviva, the biggest insurer in Britain, says it plans to slash 4,000 jobs in the country, or 11 percent of its British workforce by 2008, and transfer 1,000 positions to India.
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A UK company is formed specifically to help more businesses outsource their operations to India.
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British Prime Minister Gordon Brown on Sunday headed from China to India, hoping for movement from New Delhi on tackling climate change while also building on trade and investment links.
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UK insurer Norwich Union announces plans to move 950 jobs to India and Sri Lanka  over the coming year.
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Whitbread, the leisure company that owns brands including Costa Coffee, says it plans to expand into India.
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High Street bank Lloyds TSB says it plans to create up to 1,000 new jobs in India, many of which will replace UK posts.
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One of the country&#39;s biggest insurance firms, Royal &amp; SunAlliance, is to transfer more than 1,000 jobs to Bangalore in India.
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(InfoWorld) - British insurance company Aviva plans to reduce its U.K. staff by 4,000 by 2008, and move 1,500 IT and BPO (business process outsourcing) jobs to India in a bid to save Â£250 million ($468.6 million) annually. The company is moving 1,000 BPO jobs to its Indian subsidiary Aviva Global Services in Pune and another 500 IT jobs to Indian outsourcers Wipro Ltd. and Tata Consultancy Services (TCS), a spokeswoman for Aviva Global Services said. Aviva's U.K. business Norwich Union plans to save Â£250 million yearly starting in 2008, and the moves will initially cost it Â£250 million by the end of 2007. The savings will come primarily from the company operating more efficiently and reducing duplication in marketing, human resources, finance, and information technology, as well as applying a single approach to procurement and supplier management, the company said. Aviva currently has about 6,000 BPO employees in India and Sri Lanka, including staff of Aviva Global Services and Indian BPO companies working for Aviva. The company also has 1,500 IT staff working on its projects at Wipro and TCS, the spokeswoman said. The addition to BPO staff is part of a plan announced by Aviva in 2004 to have 7,800 BPO jobs in India and Sri Lanka by the end of next year, the spokeswoman said. The number of IT staff working on Aviva projects with outsourcers will also go up to 2,000 during the same period, she added. Aviva announced last month that it was moving over 5,000 BPO staff from third-party providers to its Indian subsidiary. Three Indian BPO companies set up facilities for Aviva on condition that the staff doing Aviva work and the facilities would be moved to Aviva at a later date. Aviva will continue to outsource to third-party BPO and IT services providers even after the transfer of 5,000 BPO staff is complete by January 2008, the spokeswoman said.
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LONDON, October 11  - Royal &amp; Sun Alliance (SUA1.ETR) plans to shift more than 1,100 UK-based jobs, or about 10% of its total workforce in the UK, to India over the next two years.
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Aviva, the biggest insurer in Britain, has said that it plans to cut 4,000 jobs in the country, or 11 percent of its British workforce by 2008, and transfer 1,000 positions to India.