‘TCS gets $100m deal from US firm’ (Kimberly-Clark)

[OhioChick]

Wednesday, November 15, 2006


NEW DELHI: Top Indian software services firm, Tata Consultancy Services Ltd has won a $100 million contract from Kimberly-Clark Corp, a source close to the deal told Reuters on Tuesday, boosting its stock.

Dallas-based Kimberly-Clark, which makes Huggies diapers and Kleenex tissues, joins a rapidly growing number of foreign firms that outsource design work, supply chain management and payroll processing to India.

TCS officials could not be reached for comment, but the source said the contract would last for several years. Earlier this month, the firm said it had bagged a $90 million contract from Australia’s Qantas Airways Ltd.

“TCS is likely to outperform its peers and the index in the short-term, based on these order wins,” said an analyst who declined to be identified. He saw TCS climbing to 1,200-1,250 rupees in six to nine months based on its order backlog.

http://www.dailytimes.com.pk/default.asp?page=2006%5C11%5C15%5Cstory_15-11-2006_pg5_21

[truthisfreedom]

1. So more drains will be clogged.

[tsuki]

2. Well, what do you expect? The CEO, Thomas Falk, only pulled

in 3.5 million last year in salary and bonuses. And all this talk about raising the minimum wage. He was forced to move to 100M dollar worth of jobs to India. :sarcasm:

I have said it before. We are outsourcing the wrong end of our labour pool.

[acmavm]

3. You're right of course. Maybe we send a few of these

executive type jobs to India or somewhere. Because our homegrown greedy bastards sure aren't helping us any.

When will they get it through their heads, they aren't helping our country at all. They're HURTING it while they suck the life out of what's left. They, in their own disgusting, petty, money grubbing ways are traitors to our nation and the people.

[OhioChick]

4. Who are the

"homegrown greedy bastards" going to sell their products to once they wipe out the middle class? :mad:

[acmavm]

8. They don't think that far ahead. They're taking care of

themselves in the here and now.

It's like major polluters giving their descendents the environmental middle finger. They don't care, they're alive right now and raking in the big bucks. That's all that matters to them.

[tsuki]

11. Speaking of environment, look at this site.

http://kleercut.net/en/image/tid/32

and

http://www.nrdc.org/land/forests/kcletter.asp

[Tight_rope]

9. You are so damn right...we need to be outsourcing the jobs of the CEO's and CFO's

[elfin]

5. Senselessbrenner is a KC heir

probably no influence on this decision - but an interesting bit of Rethug trivia.

[LiberalEsto]

6. Cancel all tax breaks for Kimberly-Clark

If they receive any sort of property tax relief or other financial support from the federal, state or local governments anywhere in the US, those tax breaks should be canceled immediately. Why should American taxpayers subsidize a corporation that ships its jobs overseas?

This should be done with any firm that outsources workers.


Ain't gonna blow my nose in Kleenex any more!

[OhioChick]

7. You're absolutely right. n/t

[Tight_rope]

10. Your right...Fuck Kleenex...I'll use my sleeve instead.

no ":sarcasm:" here.

[OhioChick]

12. Oops...Wrong Thread... n/t