Words like business process outsourcing (BPO) and offshoring may not exist in the IT dictionary by 2015. Substitutes like business service outsourcing and global delivery model (GDM), necessitated by the changing business model of IT firms, are likely to replace them over the next seven years.
Nine years ago McKinsey, on behalf of Nasscom, projected that India's software and services exports would touch $50 billion by 2008
The consensus is that a high interest rate regime, now a certainty, will increase costs, slow down demand and hit profitability. CEOs said margins were already under substantial pressure due to high energy prices. The only way to survive in this scenario is to cut costs, put brakes on new expansion plans and increase efficiencies.
In what will be the first such comprehensive exercise in the IT industry, all the 91,000-odd employees of India's second-largest IT services provider, Infosys Technologies, will now have to pass certification programmes to get promoted. The certification programme, conducted every March, is now being extended across the board and will test the employees' domain expertise, and grade them accordingly to be eligible for promotion.
Bangalore's information and biotechnology majors have again trained their guns at the government over the closure of the existing HAL airport.
The Uighurs are China's Turkic Muslims in a volatile region where unrest sits on a keg of cultural alienation.
Actor Ajay Naidu completed his first production Ashes which he also directed. You hear him on the audio of the much acclaimed and bestselling Jhumpa Lahiri's collection of stories, Unaccustomed Earth
Experts say that until the market bounces back to a respectable level and creates confidence among investors, who could look forward to some price appreciation, IPOs will not be successful.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
I believe that the Indian IT industry has an opportunity to make further inroads into the US market during the slowdown phase of US economy, says Ashok Soota.
This is the first time that the company has acquired land on its own without seeking the assistance of the state government's land acquisition agency, Karnataka Industrial Area Development Board.
Rajkumar Santoshi talks about his new films with the actor.
Today, however, the major six IT MNCs alone -- IBM, Accenture, Capgemini, EDS, HP and ACS -- account for over 9 per cent of the Indian IT-BPO workforce. Overall, MNCs in India account for an estimated 14-15 per cent of the Indian IT workforce.
Telecommuting is a growing trend, with several people today preferring to work on their own terms. Shilpa Shet analyses.
People now look for quality and purity of ornaments. They look for 916 purity and BIS hall marking. Here the large shops have an edge and variety. Large jewellery houses are now invading smaller towns and villages. For a 2,000-sq-ft showroom more than 25 salesmen would be required apart from interiors.
It's much easier to be an entrepreneur now -exciting areas are opening up in a brave new India and you do not need a pot of gold to make them fly.
Biometric cards contain the details of policyholders such as name, age, address and finger prints. Besides helping the customers to pay their renewal premiums, the card will facilitate claim processing. It authorises transactions based on the customer's fingerprints.
Kumar, who runs NY Dosa, is a 39-year-old migrant from Sri Lanka. He has been a finalist in the contest thrice. He won the first prize for his Pondicherry Dosa, which is filled with seasonal vegetables.
Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.
Asia-Pacific has been the only region to show growth in the business process outsourcing (BPO) market in the first half of 2007.
IT-BPO firms offer end-to-end mortgage origination services and manage servicing activities.
Job interview have you in a cold sweat? Here are some questions usually asked at interviews, and tips on how to tackle them.
The actress stars in Rivaaz, a film on prostitution.
A look at the fine print in your credit card usage.
'I don't think the Indo-US relationship can be built on the principle that India is going to be, essentially, a piece of American strategy involving China,' feels foreign policy expert Rajan Menon.
Indian IT firms still have a way to go before they can stand up and be counted among the global giants.
As taps go dry a bit too soon and the mercury fluctuates its time for the packaged water industry to 'tap' the thirst market.
Director Shonali Bose talks about Amu, her heartfelt film about the 1984 Delhi riots.
WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.
Professional CEOs are taking home fat cheques and humungous stock options the size of small company turnovers
However, projections made over the last few years indicate a compound annual growth rate (CAGR) of 80-90 per cent. Research firm TPI believes this is "not easily achievable".
Malkit (Mona) Singh has won the Truman Scholarship.
The current cap on H1-B visas could lead to a situation where those having the visas demand fatter salaries, which, in turn
Crumbling roads, jammed airports, and power blackouts could hobble growth.
Writer Sonia Singh on writing, Bollywood and all things fantasy.
"I think the people, who have been joining in the last one-two years, have a feeling of restlessness among them," T V Mohandas Pai, who is in charge of human resources at the Bangalore-headquartered Nasdaq-listed firm, said.
'Try to take the experience as a way to better understand yourself and your future goals,' advises Marshall Scholar Hari Prabhakar.
Transcript of the online tax chat with The A N Shanbhag NR Group held on Thursday, August 24.
© 2024 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances