Saturday 3 November 2007

Multinationals lead India's IT revolution

GLOSSARY

Outsourcing: Moving company functions from internal departments to external firms

Offshoring: Relocating corporate activities overseas.

Nearshoring: Relocating offshore activities nearer the client's home country

BPO: Business processing outsourcing - moving white collar tasks like accounting or invoicing. to an external firm

Captive firms: Companies owned by foreign multinationals who perform outsourcing services for the parent firm

UK call centres/US contact centers: Offices where workers provide telephone customer services like sales

Link to BBC NEWS | Business | Multinationals lead India's IT revolution

Climate Change website

Link to Home page of Climate Change website

Mass exodus from Mexico flooding

Hundreds of thousands of people are fleeing severe flooding in the southern Mexican state of Tabasco.

The state capital, Villahermosa, has been largely abandoned after the Grijalva river burst its banks late Thursday, submerging much of the city.

Link to BBC NEWS | World | Americas | Mass exodus from Mexico flooding