Simplification of I-T rules spawns websites that help in tax preparation.
With malware makers aiming to create as many as 6,000 new pieces of malware per day, the growth of malicious software continues to accelerate.
The first quarter of the financial year 2009-10 was exceptional for Wipro's consumer care business. Santoor, its flagship soap brand, which contributed close to Rs 850 crore in 2008-09 to the company's coffers, became the number one brand in South India in its category.
The economy is yet to recover and it's evident at management institutes where the pre-placement scenario is still sluggish. It's nearing the end of July and time for Indian B-schools to start getting pre-placement offers or pre-placement interviews from companies.
Job portals like Monster.com and Naukri.com affirmed the observation.
Infosys, according to sources close to the development, bagged the pilot project emerging as the lowest bidder (L1) in a competitive bidding process, which was attended by most Indian IT services firms and global companies like Siemens and IFS.
India's second-largest information technology services provider, Infosys Technologies, has applied for a mere 405 visas till date for financial year 2009-10 - its lowest application count in recent years.
Siemens Information Systems, a business unit of Siemens India, part of German technology giant Siemens is understood to have laid off around 500 people over the last five days.
The gap between operation and inspiration created by the premature exit of Infosys Technologies' key founder, Nandan Mohan Nilekani, is being filled by his colleagues.
RSA, the security division of EMC, points out that the evidence of this trend lies in the fact that several Indian banks came under attack in 2008, and there have been over 400 phishing scams in the last few months. However, more alarming is the fact that these attacks are likely to increase in future.
Wipro BPO, the business process outsourcing arm of soaps-to-IT services player Wipro Ltd, plans to expand its operations in China and the Philippines by opening two more centres in these countries by the end of this year.
The Tata Group has decided to defer its plan of setting up a rural business process outsourcing unit near the proposed steel plant at Kalinganagar in Orissa by two years.
Even as the strong anti-outsourcing lobby in the US is forcing US lawmakers to take a relook at their H1-B visa strategy amid huge job losses, Infosys Technologies which holds the largest number of H1-B visas among all the Indian IT services companies has started reducing the number as a part of the company's policy to reduce its 'overseas bench' strength.
As part of the initiative, the group will launch around 100 courses, both professional and vocational, to cater to people in small cities. The company hopes that the initiative, which is at the the planning stage currently, would begin by the year-end.
The Business Process Outsourcing companies in India appear to be handling the impact of the global economic crisis much better than IT firms
Ads are used by all websites to monetise and can be seen on every webpage, which makes them a very soft target for malware authors. Compounding the problem is the fact that a single malicious advertisement may only appear once every 1,000 page views or only to viewers from a certain geographic region, thus making it more challenging to detect and eradicate.
The contract, which involves upgrade of LIC's front-end IT application programmes to make these accessible through the web, is said to be worth about Rs 200 crore, and will be done over five years. It is understood that most large Indian IT outsourcing companies, including TCS, Infosys and L&T Infotech, had competed for the contract. It was considered prestigious, not because of its size but because it involved a prestigious public sector organisation like LIC.
It is not clear which groups of the Indian operations have been affected by the cuts which are learnt to have been carried out across diverse functions. However, a company source said that a sizeable number of Microsoft's sales and support personnel in Hyderabad and a few in Bangalore were among those affected. The Response Windows team has also been dismantled completely, the source claimed.
These infected drives are used to steal data and leak confidential information. Most of the data theft happens in the banking, financial services and insurance space but medical research and manufacturing are the new additions because these have expensive and valuable intellectual property, templates and patents. Customer information like credit card information and intellectual property are another area of theft.
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