Showing posts with label new openings. Show all posts
Showing posts with label new openings. Show all posts

Wednesday, February 24, 2010

Nucleus Software Exports to recruit 150

Noida-based global banking and finance solutions provider, Nucleus Software Exports, on Monday said the company, after the recession, is expecting better growth from exports and will also increase its headcount during the next six months.

“We have opportunities for businesses from new markets like Southeast Asia, West Asia. Business from countries in Europe and the US is also picking up now. We are already in talks with two new customers in UAE and Philippines for providing them solutions in banking and non-banking financial companies (NBFCs). We will hire around 150 people in the next six months,” Niraj Vedwa, chief operating officer, Nucleus Software Exports, told FC.

Continue reading on FinancialChronicle

Thursday, February 11, 2010

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TCS, Wipro to hire 37,500 employees

With improving business sentiment and revival in IT spends, hiring seems to be back in full swing at software firm TCS and Wipro. Tata Consultancy Services, the country's largest software exporter by revenue plans to hire 30,000 employees in the financial year 2010-2011. Wipro plans to add 7,500 people in the next two quarters.

Wipro handed out salary increments to all its employees. With effect from February 1, employees got a pay hike in the 8% to 12% range with some even getting a 15% increase.

Infosys had given a single-digit increment in October. It had announced an across-the-board raise and promotions with effect from October 1, 2009.

TCS CEO and MD N Chandrasekaran said, "China is a tough market for IT firms and the company was seeing business opportunity in Europe." The company is currently seeing an 8-10% growth in revenue from domestic operations and is eyeing a double-digit growth in the next two years.

Chandrasekaran said the company had signed a few large deals as well as a number of smaller ones.
"The financial services sector will drive growth. We expect good growth from retail, pharma and utilities," he said.

The company, however, expects a lesser growth from verticals such as telecom and manufacturing.

Chandrasekaran said the company will hike salaries of its employees in the coming fiscal, but did not give details. TCS, has not hiked wages in the current fiscal, but employees have received 150 per cent VA payouts in two consecutive quarters -- Q2 and Q3 of FY'10.

"We are on a path to hire 1,000 people. We have already hired 300," he said, replying to a query on hiring plans for the current fiscal. In Q3 of FY-10, TCS had made 7,692 net additions, compared with a net addition of 320 in the previous quarter.

Asked about the extent to which India would be affected by the US move to slash tax-breaks to outsourcers, Chandrasekaran said the matter is not an immediate concern.

US president Barack Obama last month had said his administration would "slash the tax-breaks for companies that ship our jobs overseas" and instead "give those tax-breaks to companies that create jobs in the country," which sent shivers down the industry's spine.

This is because the US accounts for almost 60 per cent of the IT exports from the country are to that market.

"The regulatory changes with regard to employment and outsourcing in any part of the world is something that we have to watch every day. You need to see how to align to that, but because of this, if you ask me if there is an immediate concern, then the answer is no," Chandrasekaran said.

Monday, January 4, 2010

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Infy’s Orissa project to create 5,000 jobs

IT major Infosys would soon set up its second project in Orissa at an investment of Rs 300 crore, official sources said. Infosys's plan for the state was announced by its director (human resource) TV Mohandas Pai after meeting the chief minister Naveen Patnaik here last evening.

While as many as 3,000 IT professionals were now busy working at the first Infosys project in the state, he said about 5,000 workers would get placement in its second project.

The second project would come up at IT valley on the side of the National Highway No-5 between the state capital and Khurda town.

Work on the second project would start soon, Pai said. The state government had agreed to provide required water and power to the second project.

The IT major was presently exporting software products worth Rs 850 crore per annum from its existing project in the state, he said.

Pai and Patnaik also discussed on mid-day-meal (MDM) project of Akshya Patra, presently being given to 61,000 students in Puri and Nayagarh district. The number of beneficiaries of the MDM programme was targetted to touch 2.5 lakh in next two years, they said.

Monday, December 28, 2009

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Cognizant makes 700 job offers at Anna Univ campus

IT services major, Cognizant on Tuesday announced that it has made 700 job offers to students of Anna University’s constituent colleges in Chennai.

Coming in the top slot among bulk recruiters, Cognizant picked up the students through a two-day long campus recruitment process covering students from almost all branches of the UG and PG programmes.

Welcoming the ‘future Cognizant associates," Cognizant corporate marketing and research VP R Ramkumar said Anna University, along with its constituent colleges, is the largest contributor to Cognizant’s talent pool of fresh graduates in each of the last several years across India.

"It is with justifiable pride that we can say that the alumni of this reputable institution, along with several others globally, have helped sculpt Cognizant with a difference," he said handing over the list of selected students to the University vice-chancellor, Prof R Mannar Jawahar.

"One critical aspect of our recruiting is the fact that we are branch/discipline agnostic. This helps us substantially today in solving the business problems of customers across industries by leveraging technology. With structural changes happening across industries and sub-industries, there is an increasing need for much deeper domain specialisation.," Mr Ramkumar added.

Noting that in addition to students from core circuit branches (computing, electronic, electrical and instrumentation), he said the students from different disciplines of study added immense value to Cognizant.
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2010 to bring 50K IT jobs

After a long hibernation of 18 months, headhunters are actively out in the market as talent requirements have started trickling in. The hiring momentum is expected to pick up from April onwards.

Even in a worst scenario, calendar 2010 will create around 50,000 fresh IT/ITES jobs against zero fresh jobs except a very thin campus hiring - in the previous year. The calendar 2007 had witnessed a bumper hiring at over 3 lakh while the growth got tapered off towards the third quarter of 2008 clocking a total hiring of only 1.8 lakh.

B S Murthy, CEO, Leadership Capital says the new year will usher in recovery and a wave of general optimism across segments. “This means a complete change from the current skeletal and need-based hiring. The large volume-hiring realm (services space) will warm up by the second quarter of calendar 2010. A 15% increment in hiring volumes is expected in the first two quarters while the growth could cross 20% or double towards third and fourth quarter.”

According to Nirupama V G, MD, AdAstra, requirements will start pouring in like tsunami, HR departments of many corporates have already geared up for large scale hiring after a long standstill. “Normalcy will return to the industry by April. In addition to domestic hiring , India is going to emerge as a huge sourcing ground for global jobs across segments, positions and profiles.”

“When we enjoy a vantage position in human resources, talent is still a scare commodity in global markets. The year 2010 is going to be bright year for India in terms of domestic and global placements,” adds Mohan Menon, CEO, Sentient Consulting.

Thursday, December 17, 2009

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Wipro to invest Rs 1,000 cr in Bengal's second campus

Azim Premji-controlled Wipro Ltd will invest close to Rs 1,000 crore in its second IT campus near Kolkata that will employ 20,000 tech professionals. But the company proposes to start construction work after more than a year, especially since land handover and creation of allied infrastructure is expected to take time.

On Thursday, Wipro chairman Azim Premji met West Bengal chief minister Buddhadeb Bhattacharjee to assure him that his company had accepted the state’s offer price of Rs 1.5 crore per acre for the 50-acre plot in Rajarhat.

Confirming the development, a top source in the West Bengal government, who was privy to the discussions between Mr Premji and the chief minister, said: "Mr Premji has told the CM that his company will invest in a near Rs 1,000-crore IT campus in Rajarhat which will be equipped to house 20,000 IT/ITeS professionals once fully ramped up. Construction of the second Wipro campus in the city will start within 18 months and is expected to be operational by 2012."

While Mr Premji did not share details on the proposed investment in the Rajarhat campus, he did indicate that Wipro would fork out Rs 75 crore for the 50 acre plot. "We expect to start construction within 18 months, but before that the government needs to make the necessary infrastructure ready," he told reporters after his near 30-minute meeting with the chief minister at Writers’ Buildings on Thursday.

Significantly, Mr Premji inspected the campus site along with officials of the state IT department and Hidco, the government nodal agency that handles all land allotments in Rajarhat. Wipro’s new campus will be barely 15 minutes away from the Kolkata airport and will be right next to TCS’s upcoming 40-acre campus.

West Bengal IT minister Debesh Das said Wipro will pay the government the land price of Rs 75 crore in two installments. "The company will make the first tranche of payment of 25% of total land price in December 2009. The balance 75% will be paid subsequently. Wipro’s decision to invest in a second campus in Kolkata even during the downturn proves the state’s potential in the IT sector," he said.

Incidentally, Mr Premji also informed the chief minister that Wipro is significantly expanding headcount at its existing 20-acre IT SEZ in Sector V with growing business out of Kolkata. The headcount at its Kolkata campus will grow from 7,000 to 9,000 people shortly.

The much belated Wipro land allotment is a major breather of sorts for the Buddhadeb government, especially in the aftermath of the Vedic Village land scam that led to the scrapping of the mega IT township project in the vicinity where Wipro and Infosys were originally meant to receive 90 acres apiece. While the state managed has managed to make some headway in Wipro’s case, state IT department circles said Infosys was yet to respond to the government’s alternative land offer in Rajarhat.
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Hiring up by 8.38 pc in Bangalore

Hiring activity continued to surge in the country's IT capital with the job index moving from 598 in October to 649 in November 2009, up by 8.38 per cent.

Prominent industries in Bangalore which witnessed a rise in hiring activity include IT and ITES. The IT industry overall saw an increase in hiring activity in November 2009 by 5.35 per cent,, Naukri JobSpeak, the monthly job index released by job portal Naukri.com, said.

Hiring for IT professionals is 'back' after the dip in October 2009 with an increase of 7.8 per cent and 21.8 per cent in the index of IT-Software and IT-Hardware professionals in November'09 compared to the previous month, it said.

Thursday, December 10, 2009

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Infosys to hire 13,000 freshers

After a long dry spell, seems the hiring days are here again. Close on the heels of Wipro announcing its plans to hire 5,000 in the coming months, comes a similar announcement from its rival Infosys Technologies.

The Bangalore-based Infosys Technologies plans to hire 13,000 freshers in the coming fiscal (2010-11), according to a news report in WallStreet Journal.

The report quotes the company's senior vice president and group head, human resources, saying that the company will close with 18,000 freshers and 3,500 laterals this fiscal year.

Recently, Infosys announced plans to double its US headcount. India's second-largest software exporter by revenue plans to hire 1,000 employees in the US.

Earlier, Wipro Technologies said that it will hire 5,000 people in the next couple of months and is looking at a fresh recruitment strategy of taking in graduates from non-engineering institutes.

Friday, December 4, 2009

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Satyam to Hire 1,000 College Graduates by Mid-December

India's Satyam Computer Services Ltd., now operating under the Mahindra Satyam brand, will recruit around 1,000 college graduates by mid-December, a senior company executive said Friday.

"The need to hire some entry-level people is being felt because of attrition and to prepare for the future," Hari T, chief people officer, told Dow Jones Newswires.

Fraud-hit Satyam was acquired by Tech Mahindra Ltd. in April via a government-led auction after Satyam's founder and then chairman confessed in January to cooking the company's books.

These recruits will be among the 7,000 who received offers from Satyam before the scam came to light, Mr. Hari said.

Satyam was doubly hit by the global economic meltdown as clients canceled projects and sought price cuts as they faced pressure on profits.

In a bid to cut costs, Mahindra Satyam also cut salaries and placed staff who were not working on billable projects on forced leave.

However, the company is now recovering from the fraud and the impact of the global meltdown.

Mr. Hari said the company has already recalled about 1,500 people from the original 8,000 placed on forced leave.
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French IT co launches India operations

France-based IT company NetASQ launched its India operation here today and said it was investing $1 million initially to capture 20 per cent of the estimated $2 billion network security solutions market in the country.

A subsidiary of Airbus group, the company would launch U series firewalls and Mfiltro anti-spam appliances in India.

"We will be targeting the mid and high range segments," Dominique Meurisse, Executive Vice president (Sales and Marketing) of the France-based company, said.

The French company will be running its operations with technical support from the city-based Zoom Technologies. Meurisse quoted a report by consultancy firm Frost and Sullivan which says the network security solution market is expected to grow further.

MH Noble, Managing Director, Zoom Technologies, said a 24X7 multilingual support centre for NetASQ in the city had been set up.

NetASQ, which operates in 45 countries, has managed a growth of 30 per cent and is anticipating reaching 100 million Euros next year.
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Wipro to hire 5,000 in 2 months

IT firm Wipro Technologies said it will hire 5,000 people in the next couple of months and is looking at a fresh recruitment strategy of taking in graduates from non-engineering institutes.

"Our strategy is to recruit non-engineering graduates, in addition to engineering and make them fit into the slot. We are still working out the details," Wipro Technologies Joint Chief Executive Officer Girish Paranjpe today said.

Refusing to divulge more details for next year's recruitments and outlook, Paranjpe said it would be a mix of 60 per cent freshers and 40 per cent experienced.

Around 5,000 will be taken into the company in a month or two, he said.

Last year, the company made offers to as many as 8,500 persons through recruitment drives in colleges and institutions.

"We expect clients to make no further cuts in their budgets. We expect 2010 to be a better year than 2009," Paranjpe said.

He said the new hiring strategies will be worked out in a month or two. Attrition rate in the company stood at 10 per cent. On becoming energy efficient, he said the company is determined to reduce the carbon emission per employee by 45 per cent from the present 3.96 tonnes to 2.5 tonnes in the next five years.

"Our power consumption went down by 12 per cent last year and we are planning to set up a micro windmill at our Hyderabad facility soon," Paranjpe said.

The company consumes nearly 75 megawatt power from both government and internal sources. He said the company's exposure in the Gulf market is around 4 per cent and the Dubai financial crisis will have no impact.

Wednesday, November 25, 2009

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Symbiosys Tech to add 230 seats

Software exporter Symbiosys Technologies is planning to add another 220-230 seats by 2011. The company has set up its offshore development centre at the Visakhapatnam IT Special Economic Zone with an investment of Rs 20 crore.

Chief Minister K Rosaiah would inaugurate the 100,000 sft facility on November 25, Naresh Kumar Oruganti, chief executive officer, Symbiosys, told mediapersons here on Monday.

The company, which has offices at Hyderabad and Bangalore, expects its Vizag unit to account for Rs 14 crore software export turnover. “Currently our manpower strength is 220 and by 2011, this would increase to 450,” he said.
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Wipro to hire more locals in US for Atlanta operations

Global software major Wipro Technologies is expanding its US operations and will hire about 1,000 people, including more locals, at its Atlanta development facility, the IT bellwether said on Monday.

"We are expanding our US operations to scale up our headcount to about 1,000 from 350 presently at our Atlanta centre," the company said in a statement here.

"About 80 percent of them are locals and includes graduates from leading academic institutions in Atlanta," it added.

"The local employees will support our North American clients in diverse verticals such as healthcare, manufacturing, telecom, utilities, retail and financial services," Wipro chief global delivery officer Sambuddha Deb said in the statement.

Lauding Wipro for investing in the Georgia state capital, Metro Atlanta Chamber vice-president Jorge Fernandez said the trade body's goal was not to just attract global firms, but also ensure that they thrive and grow in the US market.

"Wipro's success signifies more high-tech jobs to metro Atlanta and continues to build our reach into India," Fernandez said.

Atlanta Development Authority director Charles Whatley said Atlanta has emerged as the prime location for global firms like Wipro to set up their US headquarters.

"Wipro is finding attractive talent and our market is welcoming its services," Whatley added.
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HCL opens centre in Brazil

HCL Technologies said it has opened a global IT development centre in Sao Leopoldo, Brazil, to cater to clients across Latin America, North America and Europe.

The centre, which compliments HCL's operations in Sao Paulo, is expected to hire over 300 engineers by 2012, HCL Technologies said in a statement.

The centre will offer a range of services, including enterprise application services, custom applications development and maintenance, and remote infrastructure management to clients primarily in Latin America, North America and Europe, the statement said.

Brazil accounts for more than 40 per cent of the overall IT spending in Latin America. According to global market research and analytics company IDC, spending in IT services activities in Latin America will be more than USD 20 billion in 2009 and will grow to more than USD 25 billion in 2012.

"Brazil offers the perfect balance of cost savings and talent base that allows HCL to serve clients not only in this fast-growing region, but also in the US and Europe," HCL America President Shami Khorana said.

HCL's operation in Brazil is the first in a series of locations the company will establish in Latin America, he added.
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Honeywell to open centre in India

US-based multinational company Honeywell plans to set up a new technology centre in India with an investment of $34 million.

"The centre will also include labs for process and applications development for other specialty materials technology areas, including fluorine products and nylon materials," the company said in a release.

The centre is expected to employ 100 people in five years, it added. Honeywell will invest $34 million in an existing property to develop the centre at Gurgaon.

"This centre will allow us to conduct development closer to our end customers, while at the same time tapping the recognised engineering talent of India," said Andreas Kramvis, president and chief executive of Honeywell Specialty Materials.
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Juniper to invest $400 mn in India

IT and computer networking firm Juniper Networks today said it plans to invest 400 million dollar in India in the next five years.

"Juniper plans to invest 400 million dollar in India in total operations, including sales and research and development in the next five years," Sanjay Jotshi, Director of Enterprise and Channels, India and SAARC, Juniper Networks, told PTI.

"As we see revenue growth, we will thoughtfully begin investing more in areas that will continue to drive growth for the company," he said.

He said it was viewing India as a strategic market with focus on BFSI (banking, financial, services, insurance) governments and telecom sectors.

"India is a strategic market for us. BFSI, government and telecom sectors are our vital markets," he said.

Jotshi said the company has invested 200 million dollar to date in its Bangalore R and D facility. This includes infrastructure, equipment for labs and salaries, he said.

"The India engineering centre is a crucial part of Juniper success story. Any products shipped by Juniper has some contribution from R and D centre in Bangalore. Twenty five per cent of Juniper's engineers are based out of the Bangalore R and D facility," he said.

Thursday, November 19, 2009

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IBM eyes tier II, III cities for expansion in India

IT solutions provider IBM is planning to expand its footprints in tier II and tier III cities with a bouquet of hardware, software and services offerings primarily targeted at mid-market clients.

IBM Growth markets vice president Harish Krishnamurthy told ET that the company is soon going to set up its hubs in potential cities like Raipur, Bhopal, Bhubhaneshwar, Vizag and Nagpur. “These cities have great untapped potential.

By starting our hub in these cities we would be able to cater to the requirements of surrounding tier III cities through our partners under hub and spoke model. The small and medium enterprises offer great business opportunities,” he said.

At present, IBM has a direct presence in 22 cities across the country. The company has also appointed IT players Sequel Infocom and Icon Integrated services as the channel partners to sell IBM’s infrastructure services to clients. “These two partners will focus primarily on Rajasthan market. They will help us in enhancing our reach in the state by offering infrastructure services to clients helping them in areas of Green IT, security, business continuity, improved collaboration and communication among others,” he said.

IBM has also launched first of its kind service offering named IBM Express Remote managed Infrastructure Services (ERMIS) exclusively to be sold by its channel partners. “IBM cannot sell it directly to the clients. It has to be sold through our channel partners. It is designed to enable IBM business partners in providing their clients with remote monitoring, management and service reporting of their IT infrastructure,” said Vivek Malhotra, IBM vice president – North & East, General Business.

Apart from that the company has also launched a cost-efficient Scalable Modular Server Rooms (SMSR), which has been successfully implemented in Shree Cements. “This is also first of its kind in the country. Unlike other conventional servers, which take 6-7 months for installation, this data server takes shipment time of 2-3 weeks and just 3 days of implementation time. Also, it consumes 15-30% less power than other servers. The entry level model comes at a competitive price point of $50,000 which is almost 10% of any conventional server,” Mr. Malhotra said.
Source: EconomicTimes
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Ciber to double the headcount in India to 1300

System integration consultancy and outsourcing firm Ciber plans to double its employee strength in India from its current headcount of 650, within a year.

The Greenwood Village, Colorado based company operates two offices in India at Bangalore and Chennai. "We are going to hire aggressively in India and also we are planning to open another facility in Bangalore," says Raghurama Kote, President of Ciber India.

The New York Stock Exchange listed company has been operating in India from 2005 after it acquired Knowledge Systems in Bangalore. The Bangalore facility is one of several globally distributed delivery centers, which Ciber brands as 'Cibersites'. There are 12 Cibersites around the globe that support the various divisions of the company. These centers offer application development, application management and information technology (IT) operations services for firms seeking ways to outsource business functions, which are not part of their core business.

According to Tony Hadzi, Executive Vice President and President - Customs Solutions Division at Ciber, the Bangalore centre is a major part of the company because it supplements the global operations of the company. Currently, Ciber has 85 offices in 18 countries across Asia, Europe and North America with total employee strength of 8,500. For 2008, the company reported $1.1 billion revenue, which is a seven percent increase as compared to fiscal 2007.

After the advent of recession, like all companies even Ciber has adopted new strategies to stay ahead of its competitors. One of them is the collaboration of its smaller branches with its larger branches, to develop solutions for the former's customers by using the capabilities of the latter. "The Bangalore centre plays a crucial role in this collaborative effort, by providing the necessary offshore support," says Hadzi. Ciber's client list includes all kinds of companies, apart from the various governmental agencies that it serves in the U.S.

Though, Ciber still gets a majority of its revenue from U.S., the company is seeing a lot opportunities emerging in the Indian market. "Currently we have only eight customers in India, but we plan to add more especially in the retail and financial services segments," says Kote.

The company is also looking to grab the opportunity in the healthcare space, following the announcement of Barack Obama's multi- billion dollar healthcare reforms. "Currently, healthcare is a major area of focus for us, along with the mobility segment," adds Hadzi.
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Pegasystems to triple its Indian workforce

United States-based software company Pegasystems plans to triple its workforce in India over the next 12 months. The provider of business process management software has a research and development centre in Hyderabad, which employs over 100 people.

“Our operations in India are aimed at making the best of the talent available here, not at cutting costs,” Suman Reddy Eadunuri, managing director of the company’s Indian arm, said. “To that end, we have seen tremendous traction here.”

Pegasystems has also launched its customer support centre in Hyderabad, which would cater to its customers both in India and abroad. So far, the company’s support centres located in Massachusetts, US, and Reading, UK, have been servicing global support requirements, including 10 per cent of requirements from customer and partner staff located in India.

India’s support centre will open with an initial staff of 10, and is expected to scale up over the coming years, Eadunuri said. “Expansion of the India operations is expected to give a further economic lift of $50-$100 million to the Indian economy over the next five years,” he added.

The company expects turnover for financial year 2009 to be $250 million. For the next year, the company anticipates breaching the $300 million mark.

“We have had several consecutive quarters of record growth even while the world was reeling under the economic recession. Once the situation starts improving, we are hopeful of doing even better,” Mike Pyle, senior vice-president, engineering, said.
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Honeywell’s $34m Gurgaon centre

Honeywell is planning to invest $34 million to establish a new technology centre in Gurgaon to expand its global research capabilities in refining, petrochemical and other technologies in order to better serve customers in the region. The company also plans to employ about 100 people within five years in the centre.

The 400,000 square-foot centre will be set up at an existing Honeywell-owned property and will be managed by UOP India, a wholly-owned subsidiary of UOP that has an existing 250-person process technology engineering centre in Gurgaon.

“This centre will allow us to conduct development closer to our end customers, while at the same time tapping the recognised engineering talent of India,” said Andreas Kramvis, president and CEO of Honeywell Specialty Materials. “It will strengthen our product and process commercialisation capabilities globally, especially in Asia, where it will complement our existing research centre in Shanghai.”

“With four technology centres operational in the country, we are excited about this new technology centre, which is yet another reinforcement of Honeywell’s commitment to grow in the country and leverage its intellectual capabilities.” said Anil P Gupta, president, Honeywell India.

Honeywell’s employee base in the country has grown from 1,000 employees in 2002 to more than 10,000 today. Honeywell earlier this year opened a $50 million research, development and engineering facility in Bangalore, India, its second in the city.