Where Are The JOBS In India

November 19, 2008

jobsFINANCE & CONSULTANCY

SBI to hire 25,000 new hands, according to bank chairman O P Bhat, the fresh recruitment will be done this fiscal – 20,000 in the clerical cadre and 5,000 supervisory staff

Bank of India to hire 10,000 over the next few months. This on top of over 30,000 fresh recruitments in 2008-09. In the next 2 yrs, the bank plans to take in 75,000

Deloitte Touche Tohmatsu, top global mgmt consultants, looking to hire 3,500 in India in 3 yrs

MetLife, a new private insurance co., will recruit 30,000 agents and 2,000 managers by March 2009, says CEO Rajesh Relan

BPO

Aegis BPO Services will add 1,000 people per month this fiscal

CAMPUS HIRING

IIM Bangalore and IIM Calcutta say all their students have got placements for next year

INFOTECH

Tata Consultancy Services to hire 30,000-35,000 people this year, says a spokesperson. TCS made 24,789 technical campus offers for 2009-10, a 13% jump over this year

Infosys is sticking to plans of hiring 25,000 people this fiscal, says CEO Kris Gopalakrishnan. Infosys has made around 20,000 offers for next year

Satyam plans to hire 8,000-10,000 people this fiscal, according to its HR head, S V Krishnan

Accenture will hire 10,000 people in India by 2010, says COO Stephen J Rohleder

MANUFACTURING

L&T will hire 10,000 people over the next 3 yrs, according to CMD A M Naik Maruti has decided to hire 1,000 fresh hands despite the sluggishness in the auto sector, says a company spokesman

Source: Times Of India


Time to reevaluate H1B Visas

November 19, 2008

h1-visaI came across the beautiful article written by Judi Hasson on Time to reevaluate H1B Visas, I think its high time to check this.

The high tech community has been lobbying not only to maintain the H1B visa program but to expand it on the premise that employers cannot find enough qualified American workers to meet their needs. This issue of Fierce CIO reports on word that federal government has found that employers have been abusing the system, engaging in fraud and even paying foreign workers less than they were entitled to receive.

The report is quite shocking. Investigators found forged documents, fake degrees and companies giving fake addresses to obtain the permits. The U.S. Citizenship and Immigration Services report was released by Sen. Chuck Grassley (IA), a critic of the visa system.

“This report validates the major flaws in the H1B visa program that we have been discussing for some time,” Grassley said. “Until we make a conscious effort to close the loopholes, we’re going to see continued abuse. This report is proof that reform must come sooner rather than later. The program ought to operate the way Congress intended so qualified, high-tech American workers aren’t left behind.”

Click here to read full article.


Gartner: 85 percent of companies using open source

November 19, 2008

The analysts at Gartner say that 85 percent of 274 companies surveyed are already using open-source software, with the remaining 15 percent expected to do so by next year. The companies surveyed are end-user organizations from around the world; cost is consistently identified as the primary motivator for switching to open source (so much for the freedom of choice, though to be fair, some did mention OSS as a balance against vendor lock-in).

More revealing from the survey though, is the revelation that very few organizations have formal policies in place to protect against intellectual property violations, inadvertent or otherwise. As a result, Gartner says that the biggest barrier preventing the adoption of OSS has to do with area of governance. This includes issues like deciding which applications will be supported by OSS, as well as identifying risks in terms of supportability of OSS. This is important, as an increasing number of companies such as Google to Nokia are releasing open-source software.

To read more about this story:
– check out this article at ZDNet


Citigroup: ‘Job-cut impact on India to be minimal’

November 19, 2008

Citigroup on Tuesday ruled out any major retrenchment in its India operations. Elucidating the move to cut 52,000 jobs across the globe, Sanjay Nayar, Citi’s South Asia CEO, said the job-cut impact on India would be minimal.

Nayar explained that the bank has already reduced its staff strength in the country through sale of its BPO arm, Citigroup Global Services (CGSL), to TCS about a month ago, and there was little need to go for further reduction in manpower.

Speaking at the BS Banking Round Table conference on Tuesday, Nayar said, “There is a big difference in what is happening in the US and Europe, and in India. There is growth in Indian market. After five years of substantial growth, there could be some flab.”

He said that Citi’s businesses in some of the emerging markets, including India, were doing very well. Spurred by demand for credit and need for financial inclusion, the bank continued to expand its operations in the country, he said. “India will not be affected by the job-cut decision announced yesterday. There could be some cuts in Citi’s domestic workforce on the back of under-performance,” Nayar added.

Source: Business Standard