Recruitment-related HR executives are being moved to other HR functions like training and development and other day-to-day HR functions, or being taken on contract. If things worsen, there could also be layoffs. Companies like Wipro, Infosys, TCS and iGate, too, have a mix of contractual employees in their HR team.
Having successfully completed the $13.9-billion acquisition and merger of IT consultancy EDS a few months ago, IT services giant Hewlett-Packard is now taking steps to integrate both organisations.
As a part of this strategy, the company is rolling out its first brand campaign in India roping in real-life business heros and entrepreneurs to endorse its products, especially targeting the small and medium businesses. This is in a slight change in its marketing strategy which was earlier largely focussed on the large enterprises.
'Credit restrictions and the lack of liquidity caused by the crisis could lead to a reduction in supply. While coffee fundamentals remain in a tight balance, the price outlook in the short run is likely to continue to be dominated by the instability of world financial markets,' said Nestor Osorio, executive director, ICO.
Air India has announced that it will be adding to the seamless transfer facility to passengers from Bangalore travelling to international destinations like New York, Newark, London, Frankfurt and Chicago by introduction of a new hub and spoke flight between Bangalore and Mumbai from October 26.
The deal values the stock exchange at $3.3 billion.
The Ahmedabad-based company plans to collaborate with local garage owners in installing battery charging stations at a radius of around three kms. Delhi, Mumbai, Chennai and Bangalore are some of the cities identified for setting up battery stations. The initiative is planned to be implemented during the first quarter of 2009.
Airlines have been conducting fuel efficiency analysis, which involves fuel calculations on a daily basis, based on the availability of optimum routes in terms of wind, flight levels and overflying charges, route rationalisation to prune the number of flights and increase utilisation. They also want the Centre to grant ATF a declared goods status, which would result in a uniform levy of 4 per cent sales tax at the state level.
The company's operations will be carried out from its facility at Divyashree Park SEZ in Whitefield, Bangalore. Initially, the company plans to recruit about 20 persons to begin operations and gradually increase the strength to 150 to 200 by end of first year of operations depending on the projects to support Gensler requirements.
Bangalore-based IT outsourcing services provider MphasiS, an EDS company, is reducing hiring plans by almost 50 per cent.
This, says Greenpeace, is necessary because most computers and other gadgets during their dismantling land up in the hands of people who do not have the knowledge to handle them. They often burn the printed circuit boards to recover metals and this releases toxic fumes of dioxins and Gullet that are poisonous, and carcinogens. Greenpeace has called for manufacturers to clean up their act and take back their products for its final disposal in an environment-friendly manner.
Sources in Greenpeace said the representatives of different environmental NGOs are meeting Tata Steel MD B Muthuraman next month. Despite the allegations from various quarters that it has twisted facts and forged reports about the presence of rare Olive Ridley turtles near Dhamra coast in Orissa -- the site where Tatas with partner L&T are developing Rs 2,400-crore (Rs 24 billion) port -- global environmental NGO Greenpeace is bracing for its next phase of action, which may w
Jim Voelker, Chairman and CEO, InfoSpace, Inc said, "India's high growth and depth of technology talent make it an exciting location to expand our global research capabilities." The Bangalore centre which has close to 20 people now, will ramp up in size in due course, according to company sources. It will focus on enhancing the development and delivery of InfoSpace's consumer products and business solutions.
The company is in talks with a few private banks and has signed on Citibank as one of the bankers to raise these funds, said sources. HCL Technologies and Citibank declined to comment saying that 'they do not comment on market speculation'.
IMT, which already has a centre in Nagpur other than Ghaziabad, is planning to open its third centre in India. It has been allotted 30 acres of land near the new international airport in Shamshadabad.
The cost for the second terminal is expected to be close to Rs 3,000 crore (Rs 30 billion), around 20 per cent more than the first. It is expected to take three years for completion and will also include the second runway as part of expansion of this airport.
Cisco works with a number of IT vendors such as Wipro, HCL, IBM and Datacraft as its tier-I partners in India who provide a lot of value-added services on the top of Cisco's solutions and services. Besides, Cisco has over 100 partners in tier-II cities, who provide network level services to the company's SME customers.
Godrej has provided three security products -- tyre killers, under vehicle surveillance, boom barriers -- to be installed around Bangalore's Vidhana Soudha, as part of its mandate to secure key government offices. The company is aiming for Rs 400 crore (Rs 4 billion) in revenues in FY 2008-09 as against Rs 300 crore (Rs 3 billion) it registered last year and has set a target to achieve Rs 1,000 crore (Rs 10 billion) by 2012-13.
Global IT firms are taking a cue from consumer firms, which revolutionised marketing tactics in the FMCG segment with the shampoo-in-a-sachet concept by appealing to semi-urban as well as rural consumers.
Poor infrastructure and unavailability of broadband are major reasons why Indians have not taken to Second Life in a big way. Besides, the time zone of Second Life is more attuned to the US, which is another issue for Indians wanting to hook on to this world.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances