Analysts see HCL's Rs 1,780 crore deal with Reader's Digest and another half-a-dozen big deals signed in the past three months by Indian IT firms, encompassing both global and domestic markets, as evidence that the outsourcing story continues to progress as the best option for companies to cut costs in the current difficult economic environment.
Dell has announced the launch in India of its Global Small Business Excellence Award. India will be participating in these awards for the first time. The global competition will see entries from 13 countries, including China, Japan, Australia and New Zealand. The winner will get $50,000 (around Rs 2.5 million) in Dell solutions and a meeting with Chairman Michael Dell. For the India leg of the competition, Dell expects 300-400 entries.
For those with the money to spare and the need of a functional ultraportable notebook that can slip into a large coat pocket, this could be a winner. We guarantee that if you pull this out of your pocket at a meeting, it will definitely get you envious glances. Promising to give the Sony Vaio P competition is the HP Mini-Note 2133 that shares Sony's striking looks.
Indian information technology vendors may be missing an unfolding opportunity in the current American recession, Gartner India, the research firm, has warned.
India's largest software exporter, Tata Consultancy Services (TCS), says it will see more deals in its infrastructure services (IS) business in the $5-10 million range this year than in the $15-100 million one.
While the exact number of employees being asked to quit could not be confirmed, sources said close to 1,000 employees were tipped to go. Syntel has around 11,000 employees in India. The shifting of employees to the KPO operations is part of increasing its utilisation and reducing the bench strength.
In discussion with IPL to create brand positioning campaigns and even an IPL profile page for Orkut users, Google is serious about monetising its social media portal. "Last year, we built a stronger base of marketers and invested in internet advertising. In 2009, we should make revenues from our social media platform," says Google India Managing Director Shailesh Rao.
For TCS, the retail business has been growing at 10-12 per cent over the last three quarters. On a year-on-year basis, the growth rate of the retail business has been impacted due to currency fluctuation and the general slowdown. In dollar terms, the retail business grew 51.6 per cent for the company last financial year.
Capgemini has gone back on its previous expectations of modest growth in the first half of 2009, following a significant deterioration in the wider economic environment since the third quarter, said John O'Brien, senior analyst at advisory and consulting firm Ovum. Capgemini now expects to see a modest decline in the first-half sales, while maintaining an operating margin of 6.5 per cent.
Indian companies are also actively participating with the Egyptian government in training university graduates to acquire the proper set of skills needed to work in the BPO industry. Egypt has already added new curriculums across six of its universities to produce job-ready graduates.
Nokia, Airtel sign deal to push commercials to mobile websites. Accessing the Internet on mobile phones is no longer a novelty. For most professionals, it is a necessity. So, mobile websites, also known as .mobi sites, have emerged as the latest advertising opportunity.
Tata Consultancy Services, the country's largest IT company, has changed its hiring strategy and will focus on just-in-time hiring or real-time talent management."TCS has decided to adopt the policy of real-time management whereby we will hire in the last three months of the final year of graduation rather than a year before," said S Ramadorai, managing director and chief executive officer, TCS.
A good headset enhances the gaming experience. While the top-end headsets are excellent, here are some cheaper alternatives you could consider.
Meanwhile, 117 Pan-Asian private equity players - with India as focus -- aim to raise funds worth $59 billion, says UK-based Preqin, an alternative assets research and consultancy group. On a global platform, he said, majority of investors remain positive towards private equity. Aditya Birla Private Equity is an example.
Research in Motion, maker of Blackberry devices, is putting together its retail footprint with distribution tie-ups with partners like Redington India, which will help in setting up a national retail distribution channels for its smartphones.
Madhu Mantena, Ghajini's producer, entered the film world almost by chance, and now he has a hit on his hands.
All those who spend a lot of time on the road, gear up your cars with these Road Warrior essentials, spanning GPS navigation systems, in-car sound systems and Bluetooth devices.
It was a mixed year for social networking sites, which began the year with a bang. Social media sites like MySpace, BigAdda, Ibibo, Orkut and Facebook firmed up operations while sites like Yahoo Mash, popularly touted as competitor to Facebook, shut shop in September 2008 after a year of being launched.
Information technology firms, which are already in trouble due to the slowdown in their key markets, are now facing payment delays. Many firms said collections cycles (receivables) are getting extended.
An Indian legal professional who takes home Rs 25,000 a month earns a tiny fraction of the Rs 10,000 an hour that his counterpart in the US earns.
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