A study has revealed that barely 8 per cent of sales leaders went to tier-I MBA universities.
Other than Gujarat, Odisha and West Bengal, call centres would come up in Assam, Manipur, Tripura.
Marquee recruiters made premium offers, with consulting leading the pack by making 25.04% of the offers, followed by IT/ITeS (18.59%), e-commerce (10.55%) and BFSI (10.13%).
The IT and ITeS Industry Association of Andhra Pradesh (ITsAP) has cautioned the youth to be vigilant over fake job offers in these sectors.
However, Bengaluru is on a high with the share of IT/ITeS in the total office space transaction rising from 55 per cent in 2011 to 75 per cent till May 2012, according to data by DTZ, an international real estate research firm.
With life returning to normalcy gradually, hiring activities grew 24 per cent in September as compared to the previous month mostly driven by pharmaceutical and education sectors, according to a report. At 1,755 job postings, there was an improvement of 24 per cent in hiring activities last month compared to August with 1,413 listings, according to the Naukri JobSpeak Index for September 2020
A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.
Nasscom announced on Tuesday that it will soon introduce a `best practices' policy framework to streamline and standardise processes in the information technology-related services and business process outsourcing (ITeS-BPO) industry.
To cement India's position as a preferred global outsourcing destination, the government on Wednesday liberalised guidelines for voice-based BPOs removing the distinction between domestic and international units as well as permitting interconnectivity between all types of OSP centres. Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. Moreover, the restrictions on data interconnectivity between any BPO (business process outsourcing) centre of the same company, a group company or any unrelated company has been done away with, allowing for massive flexibility in resource management for BPO operations.
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
The government on Wednesday expressed disappointment over China not fulfilling its promise to import more IT, ITeS and pharma products, which could help reduce the hugely-tilted trade imbalance favouring Beijing.
Hiring intent in IT and ITeS was the highest in cities like New Delhi, Mumbai, Hyderabad and Pune.
Here are the best images from across the world from the previous week.
The IT/ITES exports from Andhra Pradesh have crossed Rs 18,582 crore ($ 4.5 billion) in the fiscal year 2006-07 as against Rs 12,521 crore in fiscal 2005-06.
'No one realises that people with 90 days waiting period are shopping around which naturally increases the cost of hiring.'
The marginal increase in absorption is expected to be accompanied by a drop in the number of new launches by 8 per cent to 72,113 units during 2014.
National Association of Software & Services Companies president Som Mittal said that growth has come back to India's IT and ITeS industry and 'the growth is going to be very different from the growth that we had in the past'.
According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.
As per the Employment Outlook Report for the period April-June 2011, released by TeamLease Services Pvt. Ltd., hiring intent from IT and ITeS was the highest in cities like New Delhi, Mumbai, Hyderabad and Pune.
According to Knight Frank Research, 1.07 million sq ft of office space was transacted in Q4 FY13, thus showing a fall of 11 per cent compared to the same quarter last year.
Bengaluru's Outer Ring Road spanning from Hebbal to the Silk Board Junction has been recognised as one of India's fastest growing IT/ITeS growth corridors, according to a report by Vestian Global Workplace Services.
Sectors that attracted maximum FDI include services, trading, automobile and power.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
Last year, it was not just the economy that slowed hiring. Employers were also unable to complete the verification process because of the lockdowns, resulting in delays in hiring and an increase in discrepancies between an employee's professed abilities and the reality. The experience is driving many companies to automation. In a recent EY survey, 56 per cent of the companies said they'd automated their processes, while 72 per cent felt technology could be leveraged to digitise employee records.
Manpower shortage in India's high potential, high-growth ITES-BPO industry by 2009 is estimated to be 2.62 lakh people, officials said on Tuesday.
Sunni rebels from an Al Qaeda splinter group overran the Iraqi city of Tikrit on Wednesday and closed in on the biggest oil refinery in the country, making further gains in their rapid military advance against the Shi'ite-led government in Baghdad.
Continuing with the remarkable double-digit growth, Indian IT and ITeS revenues is expected to exceed $28 billion in 2004-05 from $21.5 billion in 2003-04 with ITeS-BPO as the fastest growing segment in the wake of changing global services landscape,
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
According to Nasscom, India must make its R&D significantly more robust to realise the 'Make in India' dream
Minister of state for communications and IT, Sachin Pilot said the IT and ITES industry has been a large generator of employment with about 2.2 million professionals directly employed by the industry, while indirect job creation is estimated at around eight million.
Prices in Bengaluru, the National Capital Region, Hyderabad and Ahmedabad, however, witnessed an uptick during the period.
The government on Tuesday cleared nine fresh proposals for setting up special economic zones, most of which are related to IT and ITES, followed by the bio-technology sector.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
Reeling under a cash crunch, the country's largest real estate player, DLF, has approached the government on surrendering its (DLF's) five of the nine IT-ITeS notified special economic zones (SEZ).
Global software major Microsoft is the 'most attractive employer' in India, while IT, telecom and ITes are the most preferred sectors by the workforce, a survey by HR services firm Randstad said.
The country's largest real estate player, DLF, on Friday said it has approached the government for surrendering four of its IT-ITeS notified special economic zones (SEZ).
The board would take a decision on these applications on February 20.
The Employment Outlook Survey by job portal MyHiringClub.com says that Indian companies are expecting the hiring pace for the upcoming quarter to rebound.
The mega deals in the Internet sector ensured IT and ITeS companies grabbed 57 per cent of the PE investment by value.
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