Satyam, Siemens, Patni in fray for power cos automation

NEW DELHI: IT majors including Mahindra Satyam, Siemens and Patni Computers are in the race for selection as IT implementing agencies for the government’s automation programme aimed at reforming the ailing power distribution sector in the country. The initiative under Restructured-Accelerated Development and Reforms Programme (R-APDRP) would result in the implementation of IT projects worth Rs 10,000 crore over the next three years. The move seeks to generate baseline data to detect poin...
Published about 26-11-2009 | Rated 0

Now, Gmail, Facebook accessible on cable TV

New Delhi: There`s good news for those who use cable television services. You can now check your Gmail, watch YouTube videos or connect with friends on Facebook at the cost of the regular cable subscription of Rs. 150-200 per month - without having to pay extra for an internet connection. Logic Eastern, a Noida-based manufacturer of cable infrastructure, has developed special set-top boxes which come with an in-built patented hardware that enables connections to Gmail, Facebook and YouTube. T...
Published about 26-11-2009 | Rated 0

Raining job offers in India, over 5 lakh join in Q2

New Delhi: Shrugging off the effects of slowdown, the Indian economy is creating job opportunities. The government data shows that sectors such as textiles, automobiles, and IT/BPO, among others, generated around five lakh jobs in the July-September quarter this fiscal. As reported by Economic Times, the public sector banks are getting ready to spread the cheer as they embark on a large-scale recruitment drive in a bid to replace their estimated 40 percent of their workforce that retires over...
Published about 26-11-2009 | Rated 0

Infosys may hire 20,000 people next year

Mumbai: Infosys Technologies may hire around 20,000 people at a gross level for the fiscal starting April 1, 2010. However, the number of freshers to be hired in 2010-11 would be lower than this year, which saw 16,000 campus recruits. During 2010-11, the company plans to visit fewer colleges as compared to 600 this year. "In the current fiscal, we have said that we would be hiring around 20,000. Assuming reasonable growth rates and an attrition rate of 10 percent, we think we would need a sim...
Published about 26-11-2009 | Rated 0

DU undergrads offered $69,000 package

New Delhi: Two undergraduate students, one each from the Shri Ram College of Commerce (SRCC) and St. Stephen`s of Delhi University (DU) have been offered jobs with a salary package of Rs.32 lakh ($69,000) per annum each. The offers have been made by Germany based Deutsche Bank. Both Adit Mathur and Sukrit are final year students of SRCC and St. Stephen`s college respectively. The size of the offer made to a student from DU is what has made the cheerful difference to the ritual of foreign bank...
Published about 25-11-2009 | Rated 0

IIM-C exec course grads get placements with top cos

Students of IIM Calcutta’s one-year post-graduate programme for executives for visionary leadership in manufacturing (PGPEX-VLM) have completed their placements with a top salary of Rs 18 lakh per annum. The batch of 32, which was drawing an average salary of Rs 7.5 lakh per annum prior to joining the programme, has seen a 51.6% increase in average salary levels to Rs 11.37 lakh after its completion. All the 28 self-sponsored students of the programme have been placed in leading manufacturi...
Published about 25-11-2009 | Rated 0

IT sector may offer 2.5 lakh jobs

With the global economy gradually bouncing back, the IT job market is also picking up and 2-2.5-lakh jobs in the sector are likely to be up for grabs, a top Infosys official said on Wednesday. “The job scenario is improving...This year the market is likely to see around 2-2.5-lakh jobs,” said Infosys director-human resources Mohandas Pai. The IT jobs market will, however, not be the same as it was two years ago, but will also not be as bad as it was last year, Mr Pai said, adding that ...
Published about 25-11-2009 | Rated 0

IDBI Fortis to double headcount

IDBI Fortis Life Insurance Company is planning to double its employee strength to fuel its expansion plan by 2010. IDBI Fortis national head-marketing and product development Amish Tripathi told ET that the company is plans to add new branches to expand its business horizon. “Currently, we have 35 branches with 1,000 on-roll employees and 7,500 agents across the country. We plan to open 65 more offices doubling our employee strength,” he said. IDBI Fortis Life Insurance Company is a 4...
Published about 25-11-2009 | Rated 0

One Day Knowledge Event by David Rock - India

Dear Members, Greetings!!! It gives me great pleasure to share with you that the visit of Mr. David Rock, Global Chairman for RCS (Result Coaching System) and Founder of Neuro - leadership Institute, to India in December 09. David Rock is the author of ‘Personal Best’, ‘Quiet Leadership’ and ‘Foundations to Coaching’. He is also the CEO of Results Coaching Systems which is helping many leading organizations around the globe build internal coaching competencies, including wor...
Submitted by Rakhi | Rated 0

Social Media Video Viewing Up 98%

Time spent viewing video on social networking sites increased 98% in the past year, from 503.8 million minutes in October 2008 to 999.4 million in October 2009, according to Nielsen. In addition, the number of online video streams viewed on social networking and blog sites increased 45%, from 240.8 million streams in October 2008 to 349.5 million in October 2009. Ranked by number of video streams, Facebook was the top online social networking and blog destination in October 2009 with 217.8 m...
Published about 25-11-2009 | Rated 0