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Outsourcing industry applauds Bush victory.(Insider Report)(Brief Article)

The New American

| November 29, 2004 | COPYRIGHT 2004 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

"We are very happy that Bush is back," exulted Kiran S. Karnik, president of the Indian outsourcing firm Nasscom. "Some corporations have been cautious about signing or announcing deals in the last few months.... Now they will no longer hold back." "This is great news for the offshoring industry," agreed Nandan M. Nilekani, CEO of Infosys Technologies. "The elections are over and so is the rhetoric; it will be easier for American corporations to step out with their outsourcing plans," concurred Vivek Paul, vice chairman of the Bangalore-based Wipro outsourcing firm.

During the campaign, Democrat John Kerry "blamed Mr. Bush and outsourcing for the loss of thousands of American jobs," observed the November 4 New York Times. "Mr. Bush, in contrast, was largely ...

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Source: HighBeam Research, Outsourcing industry applauds Bush victory.(Insider Report)(Brief...

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