US-based software firm's Indian arm to double headcount this year

0 Comments | AFP, May, 2004

BANGALORE, India (AFP) — The Indian arm of US-based Symphony Services Corp., an outsourcing and software development firm, said it will double its staff by year's end due to robust orders from global firms.

Symphony Services India, the privately-held Indian company funded by parent Symphony Services Corp. and TH Lee Putnam Ventures, said it would hire 1,000 professionals before 2005 to take the headcount to 2,000.

The Bangalore centre employs outsourcing, software design and development and analytics solution engineers, who are meant to analyse data collected from consumers.

"Our plan now is to move into segments such as banking and insurance in the analytics group," said Ajay Kela, president of Symphony Services India. "This segment is showing a strong...