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More outsourcing to India
According to a market research firm, India's top IT firms such as Tata Consultancy Services (TCS), Infosys and Wipro are trying at their best to garner multi-billion dollar deals worth  USD38-bn. And the potential customers include China Mobile, Verizon US and Bharti Airtel.The whole deals amount between  USD 1 million and  USD 1 billion each and are set to expire by September this year.  
Coming out of recession, we are facing perhaps the toughest sales challenge ever the deals are smaller, competition is breathing down our necks and there is this huge expectation that we are back to normal, he added.
Multinationals like HP, IBM and Accenture are likely to bid for a number of outsourcing contracts and the Indian tech firms are also likely to compete with them.
As per the reports, China Mobile might go for a total outsourcing model by giving away computer hardware and application development activities to a range of vendors. The US major Verizon is also looking for possible vendors to cut its operational costs.
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