The BBC is carrying a story on the setting up of Infosys' new consulting arm - Infosys Consulting. Infosys will be investing around USD 20 million and plans to hire about 500 people in the next three years. Business Wire is carrying the press release.
"This will counter the outsourcing sentiment out there," said Infosys Consulting chairman S Gopalakrishnan.
The outsourcing of jobs to low wage countries, particularly China, India and Mexico, is a US election issue.
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