The premier management institute, Indian Institute of Management-Bangalore, is in a bind. It had asked for Rs 114 crore (Rs 1.14 billion) to build infrastructure to accommodate additional students under the OBC quota.
The rural BPO centre will be established by the Tata Business Support Services -- the BPO wing and a wholly-owned subsidiary of Tata Sons -- in partnership with Tata Steel Rural Development Society -- a corporate NGO managed by the Tata Group for the last 60 years. To start with, it is expected to employ around 200 people. Sources close to the development said the company has already recruited the first batch of the executives for the BPO unit.
More than 35 prominent Pune-based business process outsourcing units might face a severe staff-crunch on May 19, when around 6,000 call centre cab owners and drivers will go on strike. The drivers and owners are demanding immediate clearance of dues more than Rs 1 crore (Rs 10 million) by various transport vendors appointed by city BPOs. More than 80 per cent of Pune's BPO staffers used company-appointed cabs for transport to and from their workplaces.
Wipro, the $5 billion company with interests in IT services, consumer care, lighting and furniture, is entering a new set of businesses which will enable the company to leverage its growth on the clean energy and agriculture sectors. The company is readying a plan to include alternate energy, water treatment, food and agriculture businesses under its infrastructure business - Wipro Infrastructure Engineering Limited.
Ravi Singh aims to empower politicians by effectively planning campaigns using software technology. It's election time, and Ravi Singh, the founder of US-based ElectionMall Technologies, knows what it means to be in India.
Infosys BPO, which started knowledge process outsourcing services as a part of its BPO offerings four years ago, is aiming to make Gurgaon the hub for its KPO business.
India's third-largest software company, Wipro, has initiated a second round of major business and executive changes within a few weeks. A fortnight ago, the company announced the appointment of Suresh Vaswani and Girish Paranjpe as joint chief executive officers of Wipro Technologies, the company's global IT arm.
Ambitious plans by NGOs and companies to take technology to farmers are not always successfully executed.
Taking the first concrete step towards curtailing the rising incidents of crime against business process outsourcing (BPO) staffers, a group of 32 Pune-based BPOs and National Association of Software and Service Companies (NASSCOM) have framed a 'code of conduct' to ensure their physical security.
Villages in Maharashtra are gearing up for e-panchayats as rural people adopt new methodologies for rural development.
While consulting firms and investment bankers preferred not to participate in the lateral placements as usual, sources say that companies such as KPMG, Aditya Birla Group, Barclays Bank, Microsoft, Infosys and Capgemini have issued the maximum number of offers.
Names like Symbiosis International University, Bharati Vidyapeeth and the newly-established Foundation for Liberal and Management Education already have their presence in this valley, which is building its brand as the country's largest education hub.
Sources say Carnegie Mellon's president Jared L Cohon, who was in Bangalore recently, held discussions with senior state officials in this regard. The university is planning to establish a skeleton presence in Bangalore to study the market condition before starting a full-fledged campus here. They want to help the IT sector in the country secure quality manpower.
The software called Flockpod, developed by Herbinger Group, enables a user to express his or her opinion over information provided on a particular web page (his own or that of his friends).
Ordyn bagged the contract after qualifying in a competitive bidding process in which global giants such as Huawei Technologies, ZTE, HFCL, IComm and Arasor took part.
During the third quarter ended December 31, 2007, the company got its first $100 million (Rs 400 crore) account, which it had bagged almost four years ago as a $200,000 (Rs 80 lakh) per annum account.
Access to market is going to be the major problem faced by start-up IT firms looking to hit the market with innovative products or solutions. Access to venture or angel funding, which was considered the prime issue a couple of years ago, has now been relegated to second or third position.
India's second-largest IT services exporter targets Australia, Japan, South Africa.
Underutilisation of funds worth Rs 1,400 crore (Rs 14 billion) sanctioned under the Jawarharlal Nehru National Urban Renewal Mission (JNNURM), uncertainty on the proposed Rs 300-crore (Rs 3 billion) ring road for Pune and Pimpri-Chinchwad and the re-carpeting of Pune airport runway adversely impacting air traffic.
While the government is planning to introduce mobile number portability (MNP) in metros in the near future, preliminary developments suggest the subscribers and service providers will share the Rs 200 cost of every such portability operation.
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