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Asia Sentinel
Asia Sentinel
Outsourcing Firms Face Wall Street Blues

Outsourcing Firms Face Wall Street Blues

Our Correspondent
Oct 17, 2008
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Asia Sentinel
Asia Sentinel
Outsourcing Firms Face Wall Street Blues
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NEW DELHI: The global crisis in the banking, financial services and insurance sector, which accounts for more than 40 percent of India's international backshop operations and supplies more than 3 percent of Philippines gross domestic product, is cutting seriously into sector jobs.

Indian IT sector analysts say firms should be prepared for "flat to negat…

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