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Kerala State IT Mission’s Projects Receives Recognition from ComputerWorld

by Paul Joseph July 4, 2011 Featured

Kerala State IT Mission (KSITM) received this year’s ComputerWorld Honors Program Laureate awards for two of its projects in the award categories viz. Economic Opportunity and Health. The award recognizes men, women, organizations and institutions around the world whose visionary applications of information technology promote positive social, economic and educational change. The Awards are instituted

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Capgemini to Hire 8,000 more employees

by Paul Joseph June 1, 2011 Featured

Capgemini has announced its plans to hire up to 8,000 people this year for its delivery operations in India. Its hiring plans are very much in line with its publicly-stated vision of having the Indian workforce account for 50 per cent of its overall employee base in the next 2-3 years.

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IT companies to get 12-14% wage hike this year!

by Paul Joseph April 25, 2011 Featured

Indian IT companies will give 12-14% wage hike this year. Tata Consultancy Services will give wage hikes of 12-14 per cent to its India-based staff this year, according to the company sources.Salary hikes for employees in its major offshore markets – the US, the UK and Europe – would be in the range of 2-4

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IPSR Requires Web Designer Trainees

by Paul Joseph March 16, 2011 Featured
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PSU banks to recruit 85,000 staff in next 3 years

by Paul Joseph November 3, 2010 Featured

New Delhi : Job seekers in the banking sector would have something to cheer about as public sector lenders are going to recruit around 85,000 people in the next three years to meet the manpower shortage. “The PSBs have a tentative plan of recruitment of around 34,000 officers and 51,000 clerks during the next three years for 2010-13,” the government said in a background paper for Economic Editors’ Conference prepared by Finance Ministry. The system of recruitment through Institute of Banking Personnel Selection (IBPS) will be transparent, speedier and cost effective, it said. The government also informed that it has been decided to entrust IBPS the responsibility to conduct the common recruitment examination for PSBs. The IBPS, established in 1984, is an autonomous body engaged in recruitment of personnel and internal promotion in banks and financial institutions. During the year 2009-10, IBPS conducted test for around 60 lakh candidates at 125 centres across the country for recruitment in PSBs. The Indian Banks’ Association (IBA) had recommended to the government that a common recruitment programme in public sector banks should be conducted by the IBPS. In order to professionalise the human resources of the state-run banks and align them with the new and ever changing requirements of the banking industry, the government had constituted a committee under the chairmanship of A K Khandelwal, former Chairman, Bank of Baroda . The Committee presented its report to the government on June 30 this year, making a number of recommendations on the HR issues. Courtesy : siliconindia URL: http://8bt.in/AfIJ0d Share

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India Inc hiring rises 22% in Sept: Naukri.com

by Paul Joseph October 15, 2010 Featured

Hiring by India Inc surged by 22 per cent in September this year, driven by improved confidence in the economy, a report by job portal Naukri.com said. According to the monthly Naukri Job Speak Index, hiring level rose to 943 in September this year from 773 in the same period last year. “The stability of the Naukri Job Speak index for the past four months clearly indicates a steady hiring scenario and improved business sentiment in the country,” the report noted. However, when compared to the data in August (956), the job index in September has seen a marginal drop of 1.2 per cent. As per data available with Naukri.com, the maximum hiring activity has been witnessed in IT sector, which has significantly ramped up recruitment activities with the job index steadily moving in a positive direction and touched its highest ever point at 1,047. The sector moved up by 45 per cent from 718 in September last year. “Hiring activity in the IT sector is back to the pre-recession levels. Key IT players in the country are acquiring multiple projects from India as well as overseas, which has led to this boom. Software professionals can hence look forward to a favourable hiring environment over the next few months,” Info Edge CEO and MD Hitesh Oberoi said. Apart from IT, telecom and pharma sectors also maintained steady hiring levels. However, the insurance sector has witnessed the highest-ever decline in September. Hiring activity in the sector fell by 58 per cent in the period under review when compared to the same time a year ago. As against August this year, the ITES and insurance sectors saw the steepest monthly decline with the index dipping by 14 per cent and 29 per cent, respectively in September over previous month. Almost, all the other key industry sectors-auto, construction, oil & gas and banking- have registered a dip in their indices ranging from 2-5 per cent. Among cities, Mumbai, Bangalore, Kolkata and Chennai saw an upsurge in jobs in September. On the contrary, Delhi and Pune witnessed a dip in the recruitment levels over the same time period. Courtesy : ndtv URL: http://8bt.in/Nl4Afm Read more at: http://profit.ndtv.com/news/show/india-inc-hiring-rises-22-in-sept-naukri-com-105552?cp Share

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Only one in 10 graduate employment seekers will get jobs

by Paul Joseph September 20, 2010 Featured

The Indian job market has picked up, yet only one out of 10 graduates seeking employment will find a job, says a survey on hiring trends in 2010. “This year over 10.5 lakh (1.05 million) jobs are being created across sectors but one crore (10 million) aspirants are coming into the market,” managing related stories * IT/ITes is no hot sector for job seekers post meltdown director and CEO of Ma Foi Randstad K Pandia Rajan said on Wednesday. Ma Foi Randstad, an international human resource service provider, conducted the survey among 650 companies across 13 industry segments in eight Indian cities — Delhi, Mumbai, Kolkota, Chennai, Bangalore, Hyderabad, Pune and Ahmedabad. The survey revealed that 418,564 jobs were generated in the first six months of 2010. “The study also projected creation of 320,400 jobs the next three months (third quarter of the year) and an equal number for the fourth quarter too, taking the total job creation to over one million this year,” Rajan said, releasing the findings of the survey. The economic meltdown hit the global market early 2007, resulting in loss of thousands of jobs and cut down on hiring. Indian IT/ITes companies put hiring on hold in 2008 an d 2009. “The market has not returned to the same buoyancy of pre-recession days,” said the CEO of HumanCapital B S Murthy. The Bangalore based firm is into career consulting. “It has slowed down, and hence less number of jobs and more seekers,” he said. Murthy said the trend is likely to continue for a decade unless there is growth in every sector in India. While information technology and enabled services, mainly business processing office (BPO) and call centres, created a major chunk of jobs five years ago, the retail and telecom industry added numbers in recent years, he noted. The job generation depends on investment and the investment is only in trickles, Murthy aid. “The difficulty, however, is limited only to the freshers,” Kris Lakshmikanth, the founder of The Head Hunters, said. “It is easy for those who have already been in the industry and are looking for a placement in a different company,” he added. courtesy : Hindustantimes URL: http://8bt.in/hyZ5rf Share

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