Recruitment in Bengal IT sector may slump due to meltdownJanuary 14th, 2009 KOLKATA - The recruitment in the information technology (IT) sector in West Bengal is likely to be lower than the target set by the government due to the global economic meltdown, state IT minister Debesh Das said here Thursday. 'Last year we generated employment for around 15,000 people in the IT sector and this year we had set a target of 20,000.
Algorithm For Hiring At TaraganaOctober 12th, 2006 It is hiring time again! Srini has devised an algorithm for hiring at Taragana which I think very appropriately describes our hiring funnel:
if (isClueless()) {
goToIBM();
} else if (runOfTheMill()) {
goToWipro();
} else if (thinkUMLIsDesign() && bigAmbitionToBeADesigner() &&
chooseVariableNamesLikeTheLengthOfThisOne()) {
goToAccenture();
} else if ( appreciateDesign() && (knowJava() || knowPHP()) && isTrueDeveloper()) {
welcome();
}
If that looks like you and you are located in India (or willing to relocate) please send your resume to hiring[at]taragana[dot]com.
Note: No animals or companies were harmed in the making of this algorithm.
Karnataka logs $17-bn software exports despite meltdownSeptember 1st, 2009 BANGALORE - Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 percent growth in rupee terms and 21.5 percent in dollar terms. "The export performance of the IT industry in the state, especially Bangalore, demonstrates the knowledge sector remains unaffected by the global meltdown and decline in IT spending overseas," state Information Minister Katta Subbramanya Naidu told reporters here.
IT Recession is Going to End Next Year: Infosys CEOApril 18th, 2009 Though the financial sector has started showing some signs of recovery from the global meltdown, the IT industry in the country will take some more time to regain the growth momentum, a top industry official said here saturday. 'The crisis started in the financial sector and recovery also seems to be happening first in that sector,' S.
Bill Gates says US curb on skilled migrant labour will be a 'mistake'July 24th, 2009 NEW DELHI - Microsoft founder Bill Gates Friday said it would be a "big mistake" if the US imposes curbs on the entry of skilled workers from abroad, putting his weight behind "smart people" from countries like India who want to work overseas. "I can't make any predictions.
Nandan Nilekani to head national identity card projectJune 25th, 2009 NEW DELHI - The government Thursday appointed Nandan Nilekani, co-chairman of software giant Infosys, as the chairperson of the Unique Identification Authority -- constituted to provide identity cards to Indian citizens. Nilekani, who has been given the rank and status of a cabinet minister, will step down from the Infosys board.This is a project of national importance.
How is Indian IT coping with the recession? -The StoryJune 9th, 2009 BANGALORE - Battered by global meltdown and lower tech spending, the Indian IT industry is looking up to the new government for extension of fiscal benefits and relief from multiplicity and inequity of taxes to mitigate the recessionary impact and protectionist measures being adopted globally. "Extension of fiscal benefits like 10A/10B sections for the tech industry under the Software Technology Parks of India (STPI) scheme is imperative to sustain the growth momentum and compete in the global market," IT sector trade body Nasscom chairman Pramod Bhasin told reporters here Tuesday.
Unfazed by Satyam fraud, Britain hails India success storyJanuary 12th, 2009 NEW DELHI - Unfazed by the mammoth fraud in Indian IT bellwether Satyam, Britain Tuesday hailed India as a 'success story', saying one rotten apple does not soil the whole barrel, even as an optimistic New Delhi urged the international community 'not to press the panic button'. 'India's economic growth is based in strong fundamentals and a zeal for reforms.
Satyam fraud holds up IT sector's revised growth forecastJanuary 14th, 2009 BANGALORE - The Rs.70 billion (Rs.7,000-crore/$1.43 billion) accounting fraud at Satyam Computer Services has forced the software sector's umbrella body Nasscom to defer its revised forecast on the IT industry's growth this fiscal (2008-09), a top industry representative said Thursday. 'Now that the numbers of Satyam are still in dispute, it will be unfair to come out with a revised forecast,' Nasscom chairman Ganesh Natarajan told IANS here.
Google Venturing In Blogging? ... Hiring Bloggers?September 20th, 2006 I am not talking about providing blogging software / service like Blogger. It looks like Google (at least Google India) may actually venture into blogging themselves.
Microsoft Investing $1.7 Billion in 4 years; Recruiting 3000 Professionals in IndiaDecember 18th, 2005 Microsoft plans to make India a hub for research, product and applications development. It announced plans for investing $1.7 billion over the next four years, and increasing local headcount by 3,000 to 7,000-level.
Israeli IT firms to bid for unique ID card projectJuly 2nd, 2009 BANGALORE - Israeli IT firms will partner with Indian vendors to jointly bid for the ambitious unique identification (ID) card project of the Indian government, a visiting Israeli IT industry official has said. "Israeli IT firms with domain expertise in e-governance and homeland security will bid for the unique ID card project jointly with Indian vendors, as local participation is key to such projects dealing with critical mass," Katrin Melamed, business development manager for the Israeli software industry, told IANS here.
Softpro bases global plans on South African buyoutJuly 2nd, 2009 JOHANNESBURG - The acquisition of the small but well-placed South African software company Cura by Softpro of Hyderabad has presented an opportunity to the Indian firm to become the multinational company that it aspires to be, Softpro chairman Bala Reddy said here. "Cura is an $8-million company which we want to build into a $200-million governance, risk and compliance leader within five years," Reddy told IANS Wednesday at a dinner to celebrate the $90-million buyout.
Latin America offers good trade avenues for India, says envoySeptember 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.
Facing biggest slump since 2002, Silicon Valley firms eye IndiaApril 15th, 2009 WASHINGTON - With major companies in the Silicon Valley suffering the biggest slump since the dot-com bust, some firms are eyeing India and China to recover from the effects of a global economic meltdown. The total market capitalisation of the leading technology hub's 150 biggest public companies plunged 32 percent to about $850 billion for the last 12 months ending March 31, the worst decline since 2002, according to an annual survey by the San Jose Mercury News.