BPOs and Other Jobs in Rajasthan are Complete Unaffected by Economic Recession

June 21st, 2009 NEW DELHI - The IT and IT enabled services (IteS) industry in India is expected to grow 10.8 percent to touch Rs.309,573 crore ($64 billion) in 2009, the slowest in the last five years, a report released here said. "The domestic market is estimated to grow at 10.2 percent to touch Rs.109,406 crore, while exports will likely grow at 11.2 percent to cross Rs.200,000 crore, the report by market intelligence firm IDC said.

February 15th, 2009 BANGALORE - The National Association of Software and Services Companies (Nasscom) Monday urged the government to expedite spending of allocated funds on IT projects to stimulate the domestic market. 'To drive economic activity, the government needs to expedite spending of allocated funds for IT projects to stimulate the domestic market,' the Nasscom said in a statement.

October 9th, 2009 The worst recession since the great depression made a big dent on US economy and it will weigh on US labor market for many years to come.  The result of the latest Wall Street Journal  survey with 48 economists speculates that US economy will witness 3.1 % growth in Gross Domestic Product starting from the third quarter of this year. The labor market is going to take longer time to heal due to this heavy recession.

April 14th, 2009 SAN FRANCISCO - Major companies in the Silicon Valley are suffering the biggest slump since the dot-com bust, further proving that the leading technology hub is not immune from the effects of a global economic meltdown, a new report has said. According to rankings compiled by the San Jose Mercury News, total market capitalisation of Silicon Valley's 150 biggest public companies plunged 32 percent to about $850 billion for the past 12 months ending March 31, the worst decline since 2002.

September 1st, 2009 CHENNAI - The Latin American region, unaffected by the global meltdown, offers good business opportunities for Indian companies in sectors such as information technology (IT), pharmaceutical, renewable energy, agri-business and manufacturing, said a senior Indian diplomat here Tuesday. "Indian companies should formulate long-term strategies to tap the available potential.

February 3rd, 2009 NEW DELHI - The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby for the industry said Wednesday. The National Association of Software and Service Companies (Nasscom) said in its report that together with the business process outsourcing (BPO) sector, the revenues are expected to top $71.7 billion with a growth of 17 percent.

July 29th, 2009 NEW DELHI - India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the domestic market, a leading industry group said Wednesday. The National Association of Software and Service Companies (Nasscom) has forecast in its latest study that the software and outsourcing industry will log an export growth of 4-7 percent this fiscal to log $48-50 billion in revenues.

June 25th, 2009 Analog Devices shares climb after upgradeNEW YORK — Shares of Analog Devices Inc. climbed Thursday after a Raymond James analyst upgraded the chip maker, saying it is "getting into fighting shape" by cutting expenses, which could boost its margins.

January 20th, 2009 BANGALORE - Azim Premji, chairman of IT major Wipro, is optimistic about the revival of the Indian economy earlier than the world economy, saying the country remained largely insulated from the fallout of the financial meltdown and recession in developed countries. 'I am little more optimistic about the India situation.

April 11th, 2009 WASHINGTON - India's information technology industry should start hiring in the US to help in its economic recovery as the US is always going to be its biggest market, the industry association's head has suggested. The restrictions on H1B visas in the US 'absolutely is a concern,' Pramod Bhasin, president and chief executive of outsourcing firm Genpact and the new chairman of the National Association of Software and Services Companies (Nasscom), said in an interview with Forbes Asia.

January 16th, 2009 L.K. Advani's website proclaims that he puts the nation first, the party second and 'self last'. For the present, however, the Bharatiya Janata Party's (BJP) prime ministerial candidate is probably concerned more about himself than about the first two.

September 19th, 2009 WASHINGTON - Korean computer scientists have developed a novel security language for home networks that could ward off cyber attack in homes. Like companies, banks, and other big organizations, domestic and small office networks are just as vulnerable to hacking, malicious computer code, worms, viruses, and eavesdropping.

July 27th, 2009 BANGALORE - Investment in IT training and software certification is set to decline by 25 percent in the Asia-Pacific region this fiscal as budgets on tech spending fall due to recession, a study by IT research and advisory firm Gartner said. "Training budgets are among the first to be cut as part of cost containment efforts in the downturn.

April 2nd, 2009 WASHINGTON - With the hiring of foreign talent facing heightened scrutiny and the threat of greater restrictions in the US, Microsoft Corp has filed substantially fewer applications for H-1B visas coveted by Indian techies for next year. 'I think we will see substantially fewer H-1B applications filed this year.

January 20th, 2009 NEW DELHI - The government has taken no view on the proposals from domestic and international companies to buy the fraud-hit Satyam Computer Services and left the decision to its new board, Corporate Affairs Minister Prem Chand Gupta has said. 'There are many corporate houses, they are interested,' Gupta told reporters on being asked if the government was interested in hiving off the beleaguered firm to engineering and construction giant Larsen and Toubro.