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TCS wins $120 mn deal from Chrysler (TATA)

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:11 PM
Original message
TCS wins $120 mn deal from Chrysler (TATA)
Source: India Times Infotech

WEDNESDAY, FEBRUARY 20, 2008 03:53:48 PM

MUMBAI: India’s largest software exporter Tata Consultancy Services said that it has bagged a multi-year deal from US-based auto maker Chrysler LLC for providing a comprehensive portfolio of IT services.

The company did not disclose the value of the deal, however, according to the media reports the deal is worth $120 million.

TCS would deliver application maintenance and support services to Chrysler. The IT services initiative would encompass a portion of the functional areas within Chrysler, such as sales and marketing and shared services, the company said in a filing to the Bombay Stock Exchange.

“This growing trusted partnership is a testament to TCS’ competencies and capabilities which continue to help the customer in its business transformation by providing innovative IT services scalable to their needs,” Tata Consultancy Services Executive Director and Chief Operating Officer N Chandrasekaran said.

The automotive industry is one of the focus markets for the TCS Manufacturing vertical, which accounted for 15.1 per cent of TCS’ financial year 2007 global revenues worth $4.3 billion.


Read more: http://infotech.indiatimes.com/articleshow/2798369.cms
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DS1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:13 PM
Response to Original message
1. There's plenty of out of work software developers in Detroit
you goddamn assholes.

Fuck you Chrysler, you don't even deserve to carry on producing your crap.
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Dems Will Win Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:14 PM
Response to Original message
2. This is the company that sent Hillary to India to tout Outsourcing
http://bp2.blogger.com/_d9PxlbCXrxA/RuyouHU0hII/AAAAAAAAAAc/eB1_hnP758g/s200/Hillary-Tata+Smooch.jpg

Clinton Woos the Outsourcers that Workers Fear

This month, she made a similar case to a conference of Indian workers in Silicon Valley, saying she supported an expansion of visas. “Foreign skilled workers contribute greatly to our U.S. technological development,” she told the group via satellite.

Clinton acknowledged the strains on American workers and called for more job-training programs. But her words seemed to distance her from those who would end outsourcing. Increased U.S. job losses, she said, could cause Americans to “seek more protection against what they view as unfair competition.”

The Tata deal, she said in a 2005 stop in India, exemplified the cooperation that will “help to prevent the kind of negative feelings that could be stirred up” by critics of the global marketplace. She called those critics “short-sighted.”



Today, on the campaign trail, Clinton often strikes a different tone. Addressing union audiences and Democratic crowds, she does not highlight her support for expanding foreign-worker visas. Instead, Clinton often laments a system that, as she told a government workers union last month, rewards companies for “moving our jobs overseas.” “Outsourcing is a problem, and it’s one that I’ve dealt with as a senator from New York,” Clinton said during a Democratic candidates debate in June. She said she had tried “to stand against the tide of outsourcing.”

...

But critics say that Tata has done more to undercut workers in upstate New York than it has helped - and that Clinton is wrong to argue that exposing U.S. workers to competition from foreign workers is helping both groups.

Since Tata arrived in Buffalo, “the reality is that it probably created many more jobs for workers overseas and displaced lots of American workers,” said Ronil Hira, a public policy professor at the Rochester Institute of Technology and a prominent critic of outsourcing.

A report released by two senators said that Tata was one of the biggest users of foreign-worker visas in the United States, employing more than 7,900 visa recipients last year. The large number of visas suggests that companies are circumventing laws designed to protect American workers, Sens. Richard J. Durbin (D-Ill.) and Charles E. Grassley (R-Iowa) said in their report.

Clinton and many other lawmakers have called for cracking down on visa abuse. At the same time, she has backed an increase in the number of foreigners admitted to the U.S. each year under the main type of visa for high-tech workers. The cap is 65,000 each year; companies are seeking 115,000.

And her campaign continues to telegraph - sometimes in front of Indian American audiences - that she sees benefits to a globalized world.

Three weeks ago, her husband drew applause at a conference of 14,000 Indian Americans in Washington as he extolled the benefits of “open borders, easy travel, easy immigration.” He said the outsourcing debate bothered him because it failed to acknowledge the contributions of Indians who settled in the U.S. The same day, he headlined a fundraiser at the conference for his wife’s campaign.

http://www.commondreams.org/archive/2007/07/30/2857 /

Vote Obama
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Dems Will Win Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:15 PM
Response to Reply #2
4. A photo of Hillary in a Sari about to be paid off big-time by Indian out-sourcers
Edited on Wed Feb-20-08 01:15 PM by Dems Will Win


Look at the gleam of avarice in her eyes!
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:25 PM
Response to Reply #2
6. You Got it.....
"But in Buffalo, the fruits of the Tata deal have been hard to find. The company, which called the arrangement Clinton's "brainchild," says "about 10" employees work here. Tata says most of the new employees were hired from around Buffalo. It declines to say whether any of the new jobs are held by foreigners, who make up 90% of Tata's 10,000-employee workforce in the United States."

http://almosteverafter.blogspot.com/2007/09/clinton-woos-outsourcers-feared-by-us.html

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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:14 PM
Response to Original message
3. Nardelli strikes again.
He is a one-trick-pony: Quick uptick through layoffs and outsourcing, then as the corporate culture is destroyed, down goes the company.

Did that at Home Depot, and he will do it with Chrysler. Trouble is that Chrysler is a lot more fragile and he will likely wipe it out.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 01:16 PM
Response to Original message
5. Tata has a subsidiary company with offices in Detroit
I know that company deals with all the automakers in Detroit.
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 06:36 PM
Response to Original message
7. ......
Chrysler tech center workers may have lost jobs to H-1B contractors, union claims

Automaker says visa holders aren't doing work previously done by laid-off union members

February 15, 2008 (Computerworld) Karen Trevaski worked at Chrylser LLC's technical center in Auburn Hills, Mich., until she was laid off two weeks ago along with 119 other employees. But Trevaski claims that foreign workers with H-1B visas remain on the job at Chrysler, using software systems similar to the one she used to design automotive parts.

Moreover, Trevaski believes that the H-1B workers were encouraged to learn a new version of Dassault Systèmes SA's Catia software, while she was not. "We had to fight to get V5 training," Trevaski said this week. "And the H-1B workers — they were just sending them for the training. That's why I'm angry — it's just totally wrong. It seems as if they just want to get rid of union people."

United Auto Workers Local 412, which represents the laid-off tech workers, is considering whether it should file a complaint with the National Labor Relations Board, according to Walt Atkins, the local's first vice president.

"Why," Atkins asked, "have they got these people over here from another country, taking up American jobs, and laying off American workers?" He said that there may be as many as 150 H-1B visa holders working for contractors in the technical center at Chrysler.


http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9063099&intsrc=hm_list
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 07:28 PM
Response to Original message
8. chrysler is a canadian company that is basically bankrupt
if the company survives it will be a miracle.....
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