Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.
The increases are expected to be in the 8 to 12 per cent range, which do not compare too badly with the 13 to 15 per cent increments of pre-slowdown years such as 2007-08.
Professional services firm Ernst & Young has bagged the contract from the Unique Identification Authority of India (UIDAI) to become a consulting partner for the project.
New SMS-based service to be offered in association with India Post.
Wipro, the information technology to soaps conglomerate, says it is unlikely, at least for now, to file a formal complaint against the employee who recently siphoned off around $4 million (around Rs 18 crore) from the company's bank account by accessing a colleague's password.
The project involves building a network around a dozen secured centres, each priced at pound 250 mn.
India's second largest IT company, Infosys Technologies, for instance, has narrowed on the new areas to drive its growth.
National Association of Software and Service Companies had a humble beginning.
The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.
Once confined to secret chambers, hackers now operate even at the behest of nations - all with the stealth shown by the Greeks to destroy Troy with the Trojan horse.
Firstsource was perhaps the first BPO that set shop in the US city of Buffalo in 2004 with 287 employees.
This will also apply to those working temporarily on onsite projects.
Bhargava along with Harsha Raghavan, the former India head of Candover Investments, have formed Steer Capital.
"The general benchmark that we are getting to hear is in the range of 5-15 per cent. Clearly, the 30-40 per cent hike days are behind us. Along with the slowdown in the US markets, there is a general mismatch in demand and supply. I think firms are being cautious before announcing huge hikes," says Shiv Aggarwal, CEO of ABC Consultants.
The 'First Status Report on Technology Business Incubation' in India also stated that 20 to 30 per cent of incubated companies make it big.
The contract, according to the sources, include two different components - one for mainframe and IT infrastructure support and management.
Swaminathan D ('Swami' Swaminathan), the current COO and senior vice president of Infosys BPO, is now the CEO and MD.
Day Zero was created when demand for IIM graduates had peaked and the institutes had to resort to creative mathematics to accommodate big recruiters without offending the existing ones. Falling job market has forced the B-schools to review the strategy, including placement fee revision.
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
Mahindra Satyam still has to face 13 Class Action Law suits filed in the US. Analysts peg the cash outflow for these cases to be around $100 million. Satyam also has to get large marquee outsourcing deals, and is yet to restate its accounts which will give investors a good picture of where the company stands.
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