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    TELSTRA INDIA

    Captive buyouts: Are IT cos scaling up or skilling up?

    Indian IT companies are buying client technology units to secure larger partnerships. This strategy aims to boost contract values as organic growth slows down. TCS, Wipro, and HCLTech have recently made significant acquisitions. These deals involve acquiring intellectual property and engineering talent. This trend revives a past strategy of acquiring captive centers.

    Infosys to acquire 75% stake in Telstra Group unit for $153 million

    The acquisition of Versent Group, a unit of Australian telecommunications and technology firm Telstra Group, will be made through its wholly-owned subsidiary, Infosys Singapore. It will deliver cloud and digital transformation services.

    Australia's Telstra seeks to partner with Accenture for AI boost

    The proposed joint venture is part of a broader strategy to streamline Telstra's vendor relationships, reducing its data and AI providers from 18 to just two joint ventures.

    Telstra India launches two Innovation and Capability Centres

    The facilities, with a combined size of over 1 lakh sq. ft. will become hubs of innovation and will further strengthen Telstra’s efforts to diversify talent acquisition in India.

    IT captives see project delays amid lockdown

    Technology captives of global organisations in India have gained prominence over the years and started developing crucial software for their parent organisations. India currently houses more than 1,200 such GICs and majority of them are focused on technology development.

    Telstra arm Ooyala sets up office in India, to hire over 100

    The company provides technology to broadcasters,publishers and media companies for producing, delivering and monetising online video.

    The Economic Times
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