Slowdown in hiring street as IT firms hit the brakes
15 October, 2012
 For the past two years, Cognizant Technology Solutions along with the Vellore Institute of Technology, Chennai, has been figuring in the Limca Book of Records for highest placements done by a single company on a single day. Cognizant had given 1,820 job offers in 2012 and 1,643 offers in 2011 to students at VIT. No longer. This year, Cognizant offered only 803 job offers at VIT, less than half of what it did last year. Accenture and Wipro however, made this gap good by offering 1,492 and 1,3... CAT 2012 starts Tomorrow, 11th October till 6th November.
10 October, 2012
In a record, 172 management schools other than IIMs have subscribed to Common Admission Test (CAT) scores this year. In 2011, the number stood close to 130. A total of 2.14 lakh aspirants have registered for the 21-day long computer-based test that will begin from October 11. CAT 2012 is being coordinated by IIM-Kozhikode. Reporting for the Test If you have registered for Session 1 (morning session), you must arrive at the test centre by 8:30 AM for security checks, identity verification and c... India is one of the highest job creators due to offshoring
08 October, 2012
 Mumbai : India created 64,370 jobs in the last four years owing to outsourcing activity. It has not only grabbed one of the largest number of offshore projects in the world, but remains one of the most attractive locations for conducting offshore business activity in the South East Asian region, jut behind Philippines. Tom Carroll, Director-Corporate Research (EMEA), Jones Lang LaSalle said that international corporations are increasingly focused on productivity, operational efficiency and fu... Participate in 'Life at Campus' - Photography Contest
05 October, 2012
India, China more expensive than US to hire engineering talent: Intel CEO
04 October, 2012
India and China are now more expensive than the United States to hire engineering talent from. That is what Intel's president and CEO Paul S. Otellini believes. During a discussion with Dr Tom Campbell, Dean of the School of Law at Chapman University and a former Republican Congressman from California at the Intel Capital Summit in Huntington Beach, Otellini argued that there was a case for creating more jobs in the US right now. "The cost of hiring for those with four-six years of experience i... Over 50 cos to attend Indian American job fair in Chicago
02 October, 2012
WASHINGTON: Over 50 major companies, including IBM, Infosys and Abbot Labs, will participate in a job fair being organised in Chicago by an Indian-American organisation. The day-long job fair to be held on October 17 is being organised by Indo-American Community Services (IACS) and will see participation from companies like IBM, Abbot Labs, WW, New York Life Insurance, Caterpillar, Walgreens, Infosys, Grainger, Mass Mutual, HCL Global Systems and Bourntec, a media release said. Participating c... Engineering services to create 1 mn additional jobs in India by 2020
27 September, 2012
 Nasscom on Thursday said that the pressure on time-to-market, shorter product lifecycle and flexibility in expanding the capacity are some of the factors which are expected to push engineering and R&D outsourcing to India. The industry body that represents the IT and BPO industries in India estimates engineering and R&D services has the potential to create additional jobs of over one million by the year 2020 on the back of the strong growth. According to Nasscom, Indian offshore ER&am... FDI can open up jobs in retail and aviation sectors: Experts
25 September, 2012
Irrespective of the political furore over entry of foreign direct investment (FDI) into the retail and aviation sectors, the impact on the organised job market is likely to be highly positive, say experts. FDI will spur more investments, lead to expansion and mergers and acquisitions, and change ownership in retail and aviation. All this will ultimately create more jobs, they said. Aditya Narayan Mishra, president - staffing, Randstad India, an HR services firm, said it is not possible to cite... National Policy on IT to create 10 million jobs by 2020
22 September, 2012
 NEW DELHI: The National Policy on Information Technology 2012, which envisages the growth of the IT market to $300 billion and creation of another 10 million jobs by 2020, has been approved by the union cabinet.  A statement from the communications and IT ministry said the policy attempts also to leverage India's global edge in information and communication technology (ICT) to advance national competitiveness in other sectors, particularly those of strategic and economic importance.  The thr... Modern retail will create new jobs, improve consumer and farmer welfare
17 September, 2012
 The government's decision to open up foreign direct investment ( FDI) in multi-brand retail and relax rules for single-brand stores is heartening. It is a useful reform in itself and, more importantly, serves as a symbol of the government's ability to stand up to populist opposition to reform. Allowing foreign retailers management control in multi-brand retail would ensure a well-capitalised industry and induce foreign retailers to invest in back-end operations and infrastructure. Nine state...