One of India’s largest IT company, Infosys Technologies said the domestic IT industry is likely to grow by 15 per cent this year against 30 per cent growth last year in the wake of global slowdown.
Giving this information, Infosys CEO S Gopalakrishnan said, “Last year the IT industry grew more than 30%, this year it is looking at somewhere in the region of 15%. So, it has slowed down.”
The third largest software exporter of India, Wipro Technologies has offered fresh campus recruit, to join technical support branch of its business process outsourcing (BPO) division. The move shows the condition of the IT firm in the wake of the global financial crisis. Low demand and tight monetary conditions has forced IT companies to employee cost cutting and controlling measures. They have now started to employ cost cutting measures on the HR front.
Astra Microwave Products Ltd, India's leading provider of microwave wireless technologies used in defense, space, and telecommunications, has won an order worth Rs 570 million from Israel's ELTA Sy
Stephen Hawking, the famous international physicist, has been appointed to the post of distinguished research chair at a quantum theory and cosmology institute founded by Research In Motion co-CEO Mike Lazaridis.
The institute issued a statement, in which it was informed that regular stays would be conducted by Hawking at the Perimeter Institute for Theoretical Physics in Waterloo, Ontario, starting in the summer of 2009.
India's third largest software exporter, Wipro has asked its latest batch of recruits to join its business process outsourcing (BPO) division instead of technical and software division. The management has intimated all engineers, selected from various Engineering colleges, about the decision of the company through e-mail. The company has sited unfavorable market conditions and economic slowdown as a reason for its recent decision.
Bangalore-based BPO Easiprocess is ready to set up its new office in Pune, which can house 500 employees in one shift.
The expansion of the new office is in view of potential third party clients that Easiprocess is confident of securing shortly.
Presently, Easiprocess has two offices in Bangalore - one that is functional and accommodates 100 workers and another that serves as a Disaster Recovery site.
One of India’s largest IT company, Infosys Technologies said the domestic IT industry is likely to grow by 15 per cent this year against 30 per cent growth last year in the wake of global slowdown.
The third largest software exporter of India, Wipro Technologies has offered fresh campus recruit, to join technical support branch of its business process outsourcing (BPO) division. The move shows the condition of the IT firm in the wake of the global financial crisis. Low demand and tight monetary conditions has forced IT companies to employee cost cutting and controlling measures. They have now started to employ cost cutting measures on the HR front. 
Stephen Hawking, the famous international physicist, has been appointed to the post of distinguished research chair at a quantum theory and cosmology institute founded by Research In Motion co-CEO Mike Lazaridis. 
India's third largest software exporter, Wipro has asked its latest batch of recruits to join its business process outsourcing (BPO) division instead of technical and software division. The management has intimated all engineers, selected from various Engineering colleges, about the decision of the company through e-mail. The company has sited unfavorable market conditions and economic slowdown as a reason for its recent decision. 
Bangalore-based BPO Easiprocess is ready to set up its new office in Pune, which can house 500 employees in one shift. 
