TCS, which requires more people to handle its growing business, witnessed an 8.7 per cent annual attrition rate at the end of the second quarter.
As Indian IT and ITeS firms continue to focus on 'going global,' companies have registered a whopping 73 per cent increase in their wage cost year on year in September 2005, according to a study by industry chamber Assocham.
Surpassing Tier I and Tier II cities in cost advantages, five Tier III cities Ahmedabad, Chandigarh, Indore, Kolkata and Nagpur are all set to emerge as major hubs for IT offshoring in next five years, said a global realty consulting firm.
ITES and medical transcription company TransDyne IT Services is conducting TransJobathon-05, a 100 hours round-the-clock, non-stop recruitment marathon.
The government needs to make the right policies and further execute them properly if it wants to move towards this goal
'Not for the first time during this festival I was struck by the atmosphere of friendly inclusion the organisers had managed in a city where you can smell menace in the air, thanks to Adityanath's revenge-driven politics, his denigration of Muslims and ruthless use of State power against critics,' notes Anjali Puri.
ITeS company Mphasis chairman Jerry Rao has invested an undisclosed amount in Royal Orchid Group of Hotels after joining the group's board of directors.
Venture capital funds and private equity investors disbursed an estimated $1.3 billion in India in 2004, a growth of 49 per cent over the previous year
Indian office real estate supply is expected to cross 100 million sq ft in a year to cater huge IT and IT-enabled services requirements.
Infosys Technologies Ltd has agreed in principle to set up a software development centre in Kolkata, West Bengal Chief Minister Buddhadev Bhattacharjee said on Friday.
The Indian IT and IT enabled services exports from India are seeing a good traction and the rate of growth is expected to be between 30-35 per cent in 2005-06.
The Faculty of Management Studies (FMS) launches the All India Business Paper Contest, TAKSHA
Shortage of skilled manpower in the information technology and business process outsourcing-ITeS sector is fuelling a hike in employee salaries, which have been posting a 10-40% growth during the last couple of years, according to Gartner.
Infosys, he is expecting revenues to grow by 8.8 per cent
TransWorks, the BPO/ ITES arm of the Aditya Birla Group, is looking for Voice-based Telemarketing Associates.
GE has already exercised that right in Europe. It could do that here also. There are no free lunches. Not at least in GE. Anyway, for almost 40 to 50 per cent of what we do, there is no competition in India, says Pramod Bhasin, CEO, Gecis.
Indian software and services export is estimated to have touched $17.2 billion in 2004-05, posting a 34 per cent growth in both rupee and dollar terms.
A heartwarming tale of how they used their time to beautify the schools where they are quarantined.
Wipro Ltd will be allotted 10-12 acres of land in Coimbatore for setting up a centre for its business process outsourcing division.
Indian Rayon, an Aditya Birla Group company, on Friday announced its entry into the Business Process Outsourcing sector with the acquisition of TransWorks, a leading Indian ITES/BPO company, for about $13 million.
Software association Nasscom has said the final circular on taxation of ITeS-BPO companies should be more explicit and clear about the 'arm's length principle' to remove uncertainties from the mind of foreign investors.
Karnataka, India's largest software exporting state, is targeting software and services export worth $6 billion in 2004-05 riding on the IT and ITeS growth besides aiming to add an additional 100,000 professionals in the next two years.
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