The leading IT service provider, Polaris Software Lab Ltd has informed that it plans to set up a centre of excellence for Algorithmics, an enterprise risk management solutions provider, to build capacity and service opportunities in the current and emerging markets.

India's Tata Consultancy Services Ltd, one of the world's largest software services and consulting companies, will set up local business process outsourcing operations in the country.

BT has plans to invest over GBP 1 billion over the next five years with Tech Mahindra, the specialist Indian telecommunications outsourcing company in which BT plc has a minority interest.

IBM has launched its service management centre of excellence (CoE) in Pune.

BPO firms, which have so far been big job creators in India, are now shifting employees from here to emerging outsourcing destinations, including the Philippines.

The Indian Institute of Material Management (IIMM) stated that it is negotiating with IT body, Nasscom to train IT professionals in material management.

Pestering telemarketing calls, important personal information being shared by financial companies with others, credit card cloning are just some of the perils of a weak IT security management all are grappling with today.

IPVG has announced recently that it has closed a deal with a Canadian company that will allow the two firms to provide call centre services for companies based inside and outside of Canada.

Bihar will announce its new IT policy with several incentives for firms in August, state IT Minister Anil Kumar.