Category Archives: Offshore Services

What’s the Size of the Offshore Industry?

Posted on July 8, 2010 by Basab Pradhan

I thought I knew the answer to this one. Turns out, the correct answer is “it depends”. The GoI puts out a number which is called “Miscellaneous- of which Software Services” or Software Services in short. This data is available … Continue reading →

Posted in Offshore Services | 1 Comment

Why is Local Hiring in Offshore Services so Sparse?

Posted on July 6, 2010 by Basab Pradhan

For some parts of the book that I feel the need to reach out to my blog readers. Your feedback will make a better product. One of the chapters in the book is on Local Hiring – why Indian services … Continue reading →

Posted in Offshore Services | 19 Comments

IT Services Companies Should Empower Middle Management

Posted on June 2, 2010 by Basab Pradhan

Last week was quite eventful in the “Workshop of the World”. Foxconn, a Chinese manufacturer for companies such as Apple, Dell and HP, gave a 20% ad hoc raise to its workers after as many as ten suicides which called … Continue reading →

Posted in Business, Offshore Services | 11 Comments

Indians and Unpredictability

Posted on May 27, 2010 by Basab Pradhan

A notice at a neighbourhood Postal Annex. Truly, a picture is worth a thousand words. The proprietor is, you guessed it, Desi. The notice is a microcosm of Indianness. If you get past the English (hey, its a foreign tongue, … Continue reading →

Posted in Culture, India, Offshore Services | 1 Comment

Growth and the IT Services Pyramid

Posted on April 10, 2010 by Basab Pradhan

This appraisal cycle has been rough for Infosys. Unfortunately, at over $5B in revenues, everything it does becomes a media circus. Or in this case a social media circus. Economic Times published a few stories in February and March of … Continue reading →

Posted in Offshore Services | 7 Comments

Is Offshore Services a Scale Business

Posted on February 11, 2010 by Basab Pradhan

Earlier this week I wondered why Indian Offshore Services companies weren’t “bulking up” – basically acquiring companies just like themselves – just smaller and with perhaps lower P/Es. A reader left a thoughtful comment : I guess one of the … Continue reading →

Posted in Offshore Services | 7 Comments

Offshore Services: Whither Consolidation?

Posted on February 8, 2010 by Basab Pradhan

In the last 18 months the markets took a deep dive and then recovered. Valuations in the Offshore Services industry yo-yoed, business prospects sank and then recovered. Yet amidst all this, the pace of acquisitions didn’t go up much. Apart … Continue reading →

Posted in Offshore Services | 12 Comments

Funny Chart

Posted on July 14, 2009 by Basab Pradhan

Andrew Biggs compares spending on veterinary services and healthcare spending in the US. The case he makes is that the issue with healthcare is not the rate of growth of spending but the absolute amount of spending. He presents this … Continue reading →

Posted in Offshore Services, Random Stuff | Comments Off

Satyam – the Larceny Scenario

Posted on January 18, 2009 by Basab Pradhan

Investigators looking into the fraud that has been called India’s Enron have found a “maze” of about 300 companies related to Mr. Raju that were used to “siphon” as much as $1 billion in cash from Satyam, said a senior … Continue reading →

Posted in Business, India, Offshore Services | 10 Comments

Satyam Operating Margins Look Real

Posted on January 14, 2009 by Basab Pradhan

I pulled this chart together on our very own research platform just to see if there were any signs in the operating margins that Satyam was managing earnings. I found none. The comparables to Satyam (SAY) are Infosys, Wipro and … Continue reading →

Posted in Business, India, Offshore Services | 6 Comments